Ministers pledge to buy British as steel giant falters May 20, 2019 MPs have called for more support for the steel industry as the government today signs a pledge to buy from local producers amid a crisis at British Steel. Anna Turley, Labour MP for Redcar said the UK Steel Charter, which ministers will sign today, is welcome, but needs to be “backed up by deeds and [...]
Raising the standard: The male business chiefs helping the drive for gender equality May 20, 2019 Not all business leaders are joining the battle for gender equality. As more women are being pushed up the corporate ladder and trained for senior roles, some male chief executive officers (CEOs) privately admit to feeling belittled, excluded and minimised. They complain that “you can’t say what you think anymore” and it’s “PC gone mad.” [...]
Change UK has no hope when it comes to voters May 20, 2019 The Australian Labor Party enjoyed a lead in over 50 consecutive polls in the run-up to the weekend’s general election, confirming the experts’ expectations – that the Liberal Party was done for and its conservative leader Scott Morrison was out. In the end, the polls were all wrong and Morrison remains Australia’s Prime Minister. We should [...]
Global dividends rise to first-quarter record $263bn despite growth slowdown May 20, 2019 Worldwide dividend payments rose to record levels in the first three months of the year despite a global economic growth slowdown. Shareholders received $263.3bn (£207bn) – a first-quarter record – rising 7.8 per cent compared with the same period last year, according to the Janus Henderson Global Dividend Index. Read more: UK dividends jump to [...]
Co-op signs deal to supply own-brand sandwiches to Superdrug stores May 20, 2019 The Co-op has struck a deal with Superdrug to provide the health and beauty chain with sandwiches and snacks for its food-to-go range. During a trial period set to launch this summer, the supermarket chain will supply its own-brand sandwiches, salads and fruit to seven Superdrug branches at railway stations and airports. Read more: Co-op [...]
US investor urges First Group to split and pull out of ‘destructive’ UK rail network May 19, 2019 Activist hedge fund Coast Capital has issued a list of demands against First Group, including that it pull out of Britain's railways, split its UK and US assets and overhaul its board. Coast, a top ten shareholder in First, has said the group should separate its US assets, which it claims have a "much higher independent [...]
Exxon decision to evacuate staff from Iraq ‘unacceptable and unjustified’ says oil minister May 19, 2019 Iraq’s oil minister has hit out at US oil giant Exxon, demanding it immediately returns workers which it evacuated from the country amid growing regional tensions. Thamer Ghadhban today said that Exxon’s decision was “unacceptable and unjustified” after it was revealed that all its foreign staff at the West Qurna 1 oilfield would be moved [...]
Australia prime minister claims shock win in country’s election as Labor’s Bill Shorten accepts defeat May 18, 2019 There looks set to be a shock result in the Australian general election as leader of the opposition Labor party, Bill Shorten, who was widely expected to win, has accepted defeat. The current ruling coalition is set to return to power, led by prime minister Scott Morrison, despite polls predicting he would lose. Read more: [...]
US stocks end the week down as trade concerns linger May 18, 2019 US stocks fell on Friday, bringing the three-day gains to a halt as the stand off with China over trade talks continued. The S&P 500 ended the session with a 0.6 per cent loss, despite climbing earlier in the day, following a report that a date for the next round of talks between Washington and Beijing [...]
United States agrees to lift steel and aluminium tariffs on Canada and Mexico May 18, 2019 The US has reached an agreement with Canada to relax tariffs on steel and aluminium imports. The current 25 per cent tariff on steel imports and 10 per cent on aluminium is scheduled to end within the next 48 hours. Read more: Trump pardons fraudster media mogul Conrad Black Speaking at the National Association of Realtors on Friday, [...]