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Wednesday, February 14, 2018
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14 Feb 2:34pm Wall Street picks up after early morning losses
The Guardian
The Dow moves up 100 points, shrugging off fears of imminent interest rate rise Wall Street shrugged off signs of building US inflation despite lingering fears that a rapid increase in prices would force the Federal Reserve to raise interest rates.
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EUR 0,90 +0,335%
USD 0,77 +0,784%
CHF 0,78 +0,385%
14 Feb 2:33pm German firm to build successor to Land Rover Defender
The Guardian
Ineos chairman hands contract to MBtech to create ‘world-class 4x4’ either in UK or Germany Jim Ratcliffe, the multibillionaire chemicals tycoon and Brexit supporter, has handed a contract to create a “British” successor to the Land Rover Defender to a company in Germany.
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14 Feb 1:59pm Carillion: a month after its collapse, employees, partners and rivals are still feeling the pain
The Guardian
More than half of Carillion’s 19,500 employees still in limbo and suppliers are counting the cost of the company’s failure A month after government contractor
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14 Feb 12:02pm Unless charities like Oxfam rediscover their moral core, they won’t survive | Larry Elliott
The Guardian
With the Tories sharpening their knives over international development, aid workers have to put their house in orderFor at least the past decade there has been a cosy relationship between the government and the leading development charities. Whitehall has ponied up the cash, and charities such as Oxfam have spent it. The government has not asked too many searching questions about how well the money has been spent, and the charities have swallowed any misgivings about government policies. This bargain – outsourcing on a global scale – has meant there has not been a grownup conversation about aid, even though international development has been the only department to see a meaningful increase in its budget during the austerity years.
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Sky and BT are paying less but the Premier League bubble has not burst 14 Feb 10:01am Sky and BT are paying less but the Premier League bubble has not burst
The Guardian
Broadcasters are saving under the latest TV rights deal but it does not look like the beginning of the end for the money feastAn assessment of the
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14 Feb 10:00am Markets nervous again as US inflation unexpectedly spikes higher - as it happened
The Guardian
Busy day for economic news sees key US inflation figures, IMF on the UK and eurozone growth data
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Markets go into reverse as US inflation unexpectedly spikes higher - business live 14 Feb 8:54am Markets go into reverse as US inflation unexpectedly spikes higher - business live
The Guardian
Busy day for economic news sees key US inflation figures, IMF on the UK and eurozone growth data
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14 Feb 6:55am Persimmon boss to give away part of £110m bonus
The Guardian
Jeff Fairburn said he never wanted bonus and regretted uproar over payment The chief executive of housebuilder Persimmon has said he never wanted his £110m bonus and that he has decided to give a “substantial” amount of the windfall away through a charitable trust. But Jeff Fairburn declined to say how much he would donate or which charities would receive the money.
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Markets move higher ahead of US inflation, as IMF says UK must boost productivity - business live 14 Feb 6:49am Updated Markets move higher ahead of US inflation, as IMF says UK must boost productivity - business live
The Guardian
Busy day for economic news sees key US inflation figures, IMF on the UK and eurozone growth data
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14 Feb 5:16am Updated Markets calm ahead of US inflation, as IMF says UK must boost productivity - business live
The Guardian
Busy day for economic news sees key US inflation figures, IMF on the UK and eurozone growth data
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14 Feb 2:00am Why does Currys’ customer service lack know-how?
The Guardian
Complaining delivery men installed the wrong machine … and then refused to take it away
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14 Feb 1:00am People face surge in household debts in next five years – study
The Guardian
Mounting mortgage and other domestic costs will hit families hard if interest rates rise Britons will spend almost a third more on their mortgages and other household debts over the next five years, according to new data, sparking fears many may struggle to cope with mounting costs if interest rates rise as predicted. The projection, revealed by a freedom of information request to the Office for Budget Responsibility, found household debt servicing costs were set to climb 29% by 2023, the vast majority of which are likely to be mortgages.
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United Airlines engine disintegrates over Pacific, forcing emergency landing 13 Feb 11:28pm United Airlines engine disintegrates over Pacific, forcing emergency landing
The Guardian
Passenger describes ‘scariest flight of my life’ after the Boeing 777 engine cowling of UA1175 flying from San Fransisco to Hawaii comes off A United Airlines plane flying to Hawaii was forced to make an emergency landing after its engine began to fall apart mid-air. After what was described as “the scariest flight of my life” by one passenger, photos and videos taken through the windows showed an exposed engine shaking in mid-air after the “engine cowling” broke away.
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