Rocket man: Kim Jong Un amends North Korea constitution in nukes production push September 28, 2023 North Korean leader Kim Jong Un has amended his nation’s constitution to include his policy to expand the country’s military nuclear program. State media said on Thursday that Mr Kim, infamously dubbed ‘little rocket man’ by former President Donald Trump, has called for an exponential increase in the production of nuclear weapons. The Korean Central [...]
Sunak will be driving to Tory conference due to strikes (instead of taking a private jet) September 28, 2023 Rishi Sunak has denied that people feel betrayed by his wavering over the future of HS2, and he’ll be driving to the Tory conference, leaving his private jet at home. The Prime Minister, giving a string of local radio interviews ahead of the Conservative Party conference, did nothing to quell fears he is preparing to [...]
CMA could put Hotpoint-Beko tie-up on ice over competition concerns September 28, 2023 A planned tie-up between the electrical and white goods giants behind Hotpoint and Beko in Europe could reduce choice and increase prices for UK consumers, Britain’s competition watchdog has warned. The Competition and Markets Authority (CMA) said it found competition concerns surrounding Turkish firm Arcelik’s takeover of Whirlpool’s European domestic appliances business. The regulator said [...]
Oil prices rise on US crude draws, tight global supply and Rosebank announcement September 28, 2023 Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep drop in U.S. crude stocks added to worries of tight global supplies. Brent crude LCOc1 futures climbed 16 cents to $96.71 a barrel by 0001 GMT. U.S. West Texas Intermediate crude futures (WTI) rose [...]
Summer slowdown: Car manufacturing turns negative again September 28, 2023 Car production fell by almost 10% in August, following six consecutive months of growth, new figures show. A total of 45,052 models rolled off factory lines, said the Society of Motor Manufacturers and Traders (SMMT). August typically has the fewest number of cars built because of summer shutdowns but last month was affected by extended [...]
Evergrande: Shares suspended with future of China property giant uncertain September 28, 2023 Trading in shares of Evergrande have been suspended with the chairman under police watch and the balance sheet under stress
The Notebook: Jimmy McLoughlin on Morocco’s future and the pleasing results of a stand-up comedy course September 28, 2023 Today, former Downing Street adviser and host of podcast Jimmy’s Jobs Jimmy McLoughlin takes the Notebook pen Morocco: A bridge for Africa Morocco was devastated by the earthquake that occurred on 8 September and caused human and material losses in various regions of the kingdom. Naturally, writing a column like this makes me think about [...]
Snap to close new augmented reality division after launching in March September 27, 2023 Snap announced today that it is shutting down its augmented reality services division just months after it launched.
Average five-year fixed mortgage rate slides down towards six per cent mark September 27, 2023 The average five-year fixed-rate homeowner mortgage is edging closer to falling back below the six per cent mark, according to figures from a financial information website.
Pendragon: Car dealership’s profits leap as it finds itself in three-way bidding war September 27, 2023 Car dealership Pendragon has posted higher half-year profits as the group finds itself at the centre of a three-way takeover tussle. Its half-year figures, which come just hours after it revealed a rival bid approach from US car retail giant Autonation, show pre-tax profits rising 10.6 per cent to £36.4 million in the six months [...]