Germany plans to ban Roundup weedkiller in 2023 September 4, 2019 Germany plans to ban the use of glyphosate by the end of 2023, it was reported today in the latest blow against Bayer’s controversial Roundup weedkiller. Sources told Reuters that the country’s government is drawing up plans to phase out the chemical, which is the key component of Roundup. Read more: Bayer share price surges [...]
Home secretary orders review which could bring Australian immigration system to Britain September 4, 2019 The government’s immigration advisers have been asked to review if Australia’s points-based migration system could work in the UK, months after the Prime Minister’s team said it the method he preferred. Home secretary Priti Patel yesterday wrote to the Migration Advisory Committee, asking it to look into the Australian system and others like it. Read [...]
Oil prices tumble on higher Opec output and slower Korean growth September 3, 2019 Oil prices tumbled today as more symptoms emerged showing the impact of US President Donald Trump’s trade war with China. Brent crude dropped as much as two per cent in the mid afternoon, and was selling for $57.45 per barrel at the time of writing. Read more: New York Times drops sponsorship of London oil [...]
Gold miner Acacia’s shareholders overwhelmingly approve Barrick takeover bid September 3, 2019 Shareholders in Acacia Mining have clubbed through a suggestion to sell the business to its biggest part-owner Barrick Gold, a move which could end a two-year standoff with the Tanzanian government. Investors owning more than 99.9 per cent of the shares in Acacia voted for the proposal at a meeting starting midday today. It means [...]
Everything is awesome as Lego looks to open more than 100 new stores September 3, 2019 Lego will open 105 new stores across the world this year as the company was buoyed by its association with the Marvel franchise in the first half of the year. The brick-maker is expanding rapidly across China where it expected to have 140 stores in 35 cities by the end of the year. Read more: [...]
Saudi Energy Minister ousted from Aramco board ahead of expected float September 2, 2019 Saudi Arabia has removed its energy minister from the chairmanship of state-owned oil giant Saudi Aramco as it prepares to float the company as soon as next year. Khalid Al-Falih will step down from the position, as the company tries to avoid too many conflicts of interest as it hits the public markets for the [...]
Astrazeneca share price hits record high on ‘exceptionally impressive’ trial results September 2, 2019 Shares in Astrazeneca reached a record high today after the company kicked off September with strong results from two drug trials. The company’s share price ticked up as much as 3.6 per cent to 7,583p, as it said drug Brilinta, when taken with aspirin, lowered the risk of heart attacks and strokes in several types [...]
Nickel soars as Indonesia bans ore exports September 2, 2019 Indonesia today said it would bring forward a planned nickel ore export ban to the beginning of next year, sending prices up to an almost five-year high. The country, which is the world’s biggest producer, said that exports of all grades of nickel ore will be stopped from 1 January 2020, even if companies have [...]
Paw-rogued: Larry the cat on alert as new pup moves into Downing Street September 2, 2019 A new puppy has moved into Downing Street today to join Prime Minister Boris Johnson during his stay at number 10. The dog, which is a Jack Russell cross, is moving from Wales where it was rescued from a puppy farm. Read more: The fur flies on Downing Street as two of politics’ top cats [...]
CBI: Businesses should do more to show their impact on local communities September 2, 2019 The Confederation of British Industry has called on businesses to do more to show their impact on the local community. Only two in five people in the UK believe that businesses are working to improve people’s lives locally, according to a new study by the CBI. Read more: UK companies to miss research investment target [...]