Thursday 3 September 2015

British service sector growth surges in August

Growth across British services companies surged in August, adding to signs that the strong pace of economic upturn has continued into the second half of this year, a business survey showed on Friday.   The Confederation of British Industry's (CBI) survey sho


Boat with migrants sinks off Libya, 200 feared dead

A boat packed with mainly African migrants bound for Italy sank off the Libyan coast on Thursday and officials said up to 200 might have died.   A security official in the western town of Zuwara, from where the overcrowded boat had set off, said there had around


UN chief sets out framework for Syria poison gas probe

Success of a new international inquiry aimed at assigning blame for chemical weapons attacks during Syria's four-year-old civil war will require full co-operation of all warring parties, UN Secretary-General Ban Ki-moon said on Thursday.   The remarks were i


Greek judge appointed caretaker PM ahead of elections

Greece's top Supreme Court judge was sworn in as caretaker prime minister on Thursday to lead the country to elections next month, ending a week of political deadlock after leftist leader Alexis Tsipras resigned.   Vassiliki Thanou, an opponent of austerity


Iran ‘may have built extension at disputed site’

Iran appears to have built an extension to part of its Parchin military site since May, the UN nuclear watchdog said in a report on Thursday, as part of its inquiry into possible military dimensions of Tehran's past nuclear activity.   A resolution of the In


US oil export advocates use Iran deal to buttress argument

US oil industry lobbyists and Congressional supporters of lifting the US ban on oil exports hope they can gain more support as lawmakers debate whether to approve the Obama administration's nuclear deal with Iran, which would result in more Iranian oil on world markets.  


Oil rises more than 4.5pc as equities rally

Oil prices jumped more than 4.5 per cent on Thursday after a rally in equity markets and an unexpected fall in US crude inventories, but worries over the Chinese economy and a global oil glut kept the outlook uncertain. World stock markets rose as Chinese shares recovered on hope


China must abandon high growth fantasy: Billionaire

China's richest man said on Thursday the government needs to give up any "fantasy" of maintaining high economic growth rates, unusually bold comments at a time when Beijing is grappling to contain a market meltdown that has hammered global equities. Billionaire Wang


US movie gunman gets 12 lifetimes and 3,318 years

Condemning movie massacre gunman James Holmes to 12 life sentences and the maximum 3,318 years in prison for his rampage in a midnight screening of a Batman film, a Colorado judge said on Wednesday that evil and mental illness are not mutually exclusive. "It is the court'


TV journalists shot dead during live interview

Two television journalists were shot and killed in Virginia, US, on Wednesday morning while conducting a live television interview, the station said. The incident occurred at about 6:45 am EDT (1045 GMT) during a live broadcast in Bedford County, when shots could be heard, sendin

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