The price of oil jumped after Russia and Saudi Arabia agreed to discuss ways to stabilise the oil market. The announcement was made by the countries’ energy ministers, Alexander Novak and Khalid al-Falih. The price of Brent crude initially jumped by 5% but then fell to to stand 1.6% higher ... Read More »
Lego enjoyed an 11% increase in sales in the first half of this year compared with the same period in 2015. The Danish toy company, best known for its building bricks, had a turnover of 15.7bn Danish kroner (£1.8bn). However, net profit fell slightly to 3.5bn DKK (£393m) from 3.6bn ... Read More »
Labour MP Keith Vaz has stepped down as chairman of the Home Affairs Select Committee. It follows newspaper claims he paid for the services of two male sex workers. He said: “It is in the best interest of the Home Affairs Select Committee that its important work can be conducted ... Read More »
Hurricane Newton has made landfall in western Mexico near the popular tourist resort of Cabo San Lucas. The US National Hurricane Center said hurricane-force winds were spreading over Baja California Sur. The Center registered maximum sustained winds of 150km/h (90mph). Forecasters earlier predicted torrential rains and possible flash flooding and ... Read More »
Tens of thousands of British Airways passengers experienced long lines and hours-long delays at airports around the world overnight after a computer failure affected check-in systems. Airline employees had to manually process passengers at airports including San Francisco, Seattle and Phoenix, delaying the departures of dozens of London-bound transatlantic flights. ... Read More »
British Airways has apologised to passengers facing delays after an IT glitch affected check-in desks. Passengers complained of delays at check-in and at the baggage drop, and on the tarmac waiting for take-off. The airline said passengers were able to check in at Heathrow and GatwickAirports “although it is taking ... Read More »
Germany’s Bayer has raised its offer for Monsanto to $65bn (£49bn), or $127.50 a share, in a bid to create a global seeds and pesticides giant. Bayer said it was in advanced talks with Monsanto, but warned there was no guarantee a deal would result. Its initial offer of $122 ... Read More »
The iPhone 7 is mere days away from its September 7 unveiling, but until that actually happens it’s never too late for a forecast by a respected analyst. KGI Securities’ Ming-Chi Kuo has rounded up all the available intel on Apple’s next-gen smartphone in a new report. The important stuff ... Read More »
NEW DELHI: Sony India has reduced prices of its flagship devices, Xperia X and Z5 Premium, by up to 21 per cent. The reduction, effective from September 1, will see Xperia X being sold at Rs 38,990. This is lower by Rs 10,000 or about 21 per cent from the ... Read More »
VIENTIANE, Laos — Philippines President Rodrigo Duterte on Tuesday expressed regret over his “son of a bitch” remark while referring to President Obama. In a statement read out by his spokesman, Duterte said his “strong comments” to certain questions by a reporter “elicited concern and distress; we also regret it ... Read More »
US President Barack Obama has cancelled a meeting with controversial Philippine President Rodrigo Duterte, who had earlier called him a “son of a whore”. Mr Duterte was responding to the US president’s promise to raise the issue of drug-related extra-judicial killings in the Philippines at their meeting. The Philippine leader, ... Read More »
Flights at London City Airport were disrupted after protesters gained access to the runway. The Met Police said it was called to the site at about 05:40 BST after nine protesters erected a tripod and “locked themselves together” on the runway. The Black Lives Matter UK movement confirmed it was ... Read More »
