Tuesday, 1 Oct 2024

Casualties, Including In Kiev, In Wave Of Missile Attacks Across Ukraine

Motorcyclist dies in overnight crash in Thornton.

A motorcyclist died in an overnight crash in Thornton, police said.

The crash happened on East 104th Avenue at Marion Street, according to a 1:32 a.m. Saturday tweet by police. The man driving the motorcycle died at the scene.

The eastbound lanes of 104th were shut down by the crash for about three hours before reopening on Saturday morning. The cause of the crash is under investigation.

 

Interstate 25 reopens in Thornton after fatal auto-pedestrian crash is cleared.

A busy stretch of northbound Interstate 25 in Thornton has reopened after a fatal auto-pedestrian crash has been cleared.

The highway was closed northbound from Thornton Parkway to 104th Avenue for a couple of hours on Saturday afternoon, according to police.

Traffic was detoured to Huron, Grant and Washington streets. Drivers faced long delays and were urged by police to avoid the area if possible.

An investigation into the fatal crash is ongoing.

 

£3bn a year lost to web scams, study finds

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Incidents reported to Action Fraud over the past 12 months revealed that £3billion had been lost to crooks, equivalent to £8.2million each day.

But the UK National Crime Agency reckons only 20 percent of web scams are recorded, so the figure annually could be £15billion in Britain.

Mark Crichton, from payment authentication company Outseer, said: “These numbers make for grim reading. Fraud is now a part of everyday life. Of more concern is the figures only scratch the surface of the issue.”

CACEIS To Acquire European Asset Servicing Activities Of RBC Investor Services

CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, and Royal Bank of Canada (RY.TO,RY) have signed a MoU with a view for CACEIS to acquire the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. RBC Investor Services is a provider of asset services.

The companies noted that the proposed deal excludes RBC Investor Services’ Canadian operations. It will have a de minimus impact to RBC’s common equity Tier 1 ratio and earning per share.

RM Plc Sees FY Operating Profit Significantly Lower Than Forecast; Revenues In Line With Market View

RM plc (RM.L) issued an update on current trading with respect to the 12-month period ending 30 November 2022. The Group said its revenues remain positive with both RM Assessment and RM Technology expected to deliver revenue growth in the year. RM Resources, however, has experienced a slower than expected recovery in the Consortium brand resulting from on-going challenges following the IT implementation, the Group noted. RM plc expects operating profit in the current year to be significantly lower than forecast.

Neil Martin, CEO, said: “The challenges associated with the IT implementation have been material and impacted our short-term priorities and financial performance. We remain focused on delivering a plan to put the business back on a solid footing that will deliver longer term value for all our stakeholders.”

The Group noted that its near-term focus continues to be on managing debt levels and reducing underlying operating costs. Net debt at the end of the year is projected to be slightly higher than at the half year which reflects the positive cash generation in the second half of the year.

The average two-year fixed rate mortgage ticket up to 6.47%

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They were already on the up but rose rapidly after former Chancellor Kwasi Kwarteng’s speech.

Data from experts Moneyfacts showed the average two-year fixed rate mortgage ticked up to 6.47 percent on Friday.

On September 23, the day of the mini Budget, it was 4.74 percent. After lenders pulled a wave of deals as the financial chaos erupted, availability has begun to improve.

There were 3,112 deals on offer on Friday, up 54 overnight and from 2,258 at the start of October.

So what will happen to mortgage rates? Ray Boulger, of experts John Charcol, said: “Indications are that rates are now going to remain at current levels for the next few weeks. The question is, should you take out another fixed rate?”

Ray suggests, for example, that borrowers consider the gap between fixed rate deals and lenders’ standard variable rates, as well as discounted and tracker mortgages.

Fixed rates are likely to be higher, but give peace of mind about repayments. But expectations of the near-term peak in the Bank of England’s base rate have also eased.

Casualties, Including In Kiev, In Wave Of Missile Attacks Across Ukraine

Dozens of civilians were killed and several others wounded in a wave of Russian missile attacks across Ukraine on Monday morning.

At least eight people were killed in capital Kyiv, which came under attack after a gap of many months. Casualties were also reported in the southeastern city of Zaporizhzhia, where a missile destroyed an apartment block.

Russian forces also targeted Kharkiv, Lviv, Mykolaiv and Dnipropetrovsk with missiles and rockets.

Ukrainian President Volodymyr Zelensky said Russia was trying to annihilate Ukraine, while Foreign Minister Dmytro Kuleba called Russian President Vladimir Putin “a terrorist who talks with missiles”.

Russia used Iranian drones in Ukrainian targets, according to Zelensky.

European leaders condemned Monday’s attacks; China called for de-escalation.

The retaliatory attacks, the most widespread since the early weeks of the war, came after a series of setbacks that Russian forces suffered in the warfront in recent days.

Meanwhile, Putin accused Ukraine’s special services of bombarding a key bridge that links Russia with occupied Crimea. He is set to chair an operational meeting of his Security Council later in the day, reports say.

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