World & Politics NEWS

UK should keep its options open over Brexit, says Tony Blair

It’s four months since the UK voted to leave the European Union, but the debate is not over yet. Former Prime Minister Tony Blair said on Friday that the country should keep its … Continue reading “UK should keep its options open over Brexit, says Tony Blair”


UK doubles human rights funding to £10.6m via new Magna Carta Fund

The UK government’s Foreign & Commonwealth Office declared on Tuesday that funding to support Foreign and Commonwealth Office’s international human rights and democracy work has doubled to the highest ever level of GBP10.6m. … Continue reading “UK doubles human rights funding to £10.6m via new Magna Carta Fund”


Paris terror attacks impact upon Stagecoach passenger numbers

Rail and bus operator Stagecoach has seen fewer passengers travelling to major cities following the recent terrorist attacks in Paris, which has resulted in a slowdown in the transport group’s revenue growth, it was … Continue reading “Paris terror attacks impact upon Stagecoach passenger numbers”


UK government to spend additional £6 billion per year on NHS

Britain’s National Health Service (NHS) is to receive additional funding from HM Treasury, with an immediate investment of GBP6bn per year, the UK government announced on Tuesday. Making the announcement ahead of the Chancellor of … Continue reading “UK government to spend additional £6 billion per year on NHS”


IMF predicts slower economic growth for China

The International Monetary Fund (IMF) has lowered its forecast for China’s economy growth to 7.75% for this year,lower than the 8% forecast for 2013 that the IMF published in its World Economic Outlook … Continue reading “IMF predicts slower economic growth for China”


Greece aims to sell stakes in Postbank and Proton Bank in July

Greece’s rescue fund Hellenic Financial Stability Fund (HFSF) intends to divest Hellenic Postbank SA (ATH:TT) and Proton Bank SA by the middle of July, Reuters said, citing an inspection review by the European … Continue reading “Greece aims to sell stakes in Postbank and Proton Bank in July”


Slovenia to privatise 15 companies to avoid EU bailout

Slovenia’s government plans to dispose of 15 state-owned companies, including its second largest bank Nova KBM, largest telecommunications group Telekom Slovenia, flag carrier Adria Airways and Ljubljana Airport, as part of its efforts … Continue reading “Slovenia to privatise 15 companies to avoid EU bailout”


Global economy faces continued sluggish growth, according to Dun & Bradstreet

US commercial information provider Dun & Bradstreet (NYSE: DNB) said it has published a five-year forecast of the global economy predicting continued but sluggish growth against challenging headwinds, differing from region to region. D&B said … Continue reading “Global economy faces continued sluggish growth, according to Dun & Bradstreet”


UK prime minister pledges referendum on EU membership

The UK faces years of uncertainty over its place in the European Union, critics claim, after Prime Minister David Cameron promised to hold a referendum on membership of the EU. In a long-awaited … Continue reading “UK prime minister pledges referendum on EU membership”


US banks see higher earnings on capital market activity, mortgage refinancing

Increased capital market activity drove stronger earnings and increased profitability for major US banks in the third quarter of last year, according to ratings agency Fitch Ratings. Fitch said that strong debt issuance, … Continue reading “US banks see higher earnings on capital market activity, mortgage refinancing”


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