The global defence trade reached a record-breaking $65bn in 2015, fuelled by Middle East and Southeast Asia June 13, 2016 In another year blighted by conflict in which the world became quantifiably less peaceful, the global defence trade grew to a record-breaking $65bn (£46bn) in 2015. What's more, this figure is set to rise to $69bn this year, driven by the Middle East and Southeast Asia, according to figures released today by IHS. The market for weapons [...]
G4S share price falls to eight-year low as it emerges it had employed Orlando killer Omar Mateen for nearly a decade June 13, 2016 Shares in London-listed security outsourcer G4S fell 6.4 per cent in early trading after it emerged the company had employed Omar Mateen, the man accused of killing 50 people at a gay nightclub in Orlando in the early hours of yesterday morning. Shares in the company, which employs 618,000 people, fell to 175.1p, its lowest since [...]
Argentina comes in from the cold with first local float in six years. Here’s how things might change under a new president in Buenos Aires June 13, 2016 Argentina is finally on the road to recovery, having been welcomed back into the fold by the global financial community. Last week, Buenos Aires celebrated the revival of its stock market with the first new local listing on the exchange in six years. It has helped bring an end to a dark period of isolation since Argentina defaulted on [...]
At least 50 killed and 53 injured in Orlando nightclub shooting June 12, 2016 At least 50 people are believed to have been killed and 53 injured following a shooting at a gay nightclub in Orlando, Florida. The city's mayor Buddy Dyer declared a state of emergency while police described the incident, the worst mass shooting in recent American history, as an act of terrorism. Officials named Omar Mateen, a 29-year-old man from Fort Pierce Florida, as the gunman [...]
Heading to UEFA Euro 2016? Sorry but more travel disruption on the way as Air France updates warning on cancelled flights June 12, 2016 Anybody heading across the Channel for a short getaway or to see their team play in Euro 2016 has a fresh set of travel woes, as Air France today warned that strike action would affect around a fifth of its flights for the next couple of days. The French airline has advised passengers to check whether their [...]
Bilderberg meets today: Here’s the full guestlist June 9, 2016 It may not be quite the shady organisation of conspiracy theorists' fevered imaginations – but the traditionally secretive Bilderberg conference nevertheless courts a certain amount of intrigue. This year, presumably in an effort to increase transparency, the conference's organisers have published a list of everyone attending (lizard people notwithstanding). The list, according to Bilderberg, is about [...]
St Helena airport costing £285m can’t open because it’s too windy June 9, 2016 The South Atlantic island of St Helena is one of the hardest-to-reach locations in the world; it takes a five-and-a-half day voyage on the RMS Saint Helena. So naturally, there was a lot of excitement in town when it was decided an airport was going to be built. That's been met with the same frustration [...]
Hillary Clinton declares victory in Democratic nomination contest June 8, 2016 Hillary Clinton has declared victory in the Democrat Party's race to become nominee for US president after securing enough delegates to secure the nomination – but rival Bernie Sanders says he will continue with his campaign. The former First Lady was yesterday reported to have won the support of enough delegates to take the nomiation. [...]
Dow Jones rises above 18,000 for the first time since April as S&P 500 hits its highest level since July June 7, 2016 It looks like those shockingly bad jobs figures are a thing of the past, after the S&P hit its highest level in nearly a year, while the Dow Jones index briefly passed the 18,000 mark for the first time since April. The S&P jumped to 2,117 points in late-morning trading in New York. That was after [...]
The US’ most economically successful state has strict controls over alcohol consumption and gambling – and a history of polygamy June 7, 2016 The US's most economically successful state has some of the tightest alcohol and gambling laws in the US – and, er, a deep-rooted history of polygamy… Yep, new rankings published by WalletHub show Utah has the best economy of any of the US' 50 states. The state is best known for its ties with Mormonism, which is [...]