70 people have died and over 20 missing after super powerful storm Usman struck the Bicol region in the Benquet province, southeast of capital Manila, Philippines on Saturday. People did not take precautions as the storm which brought in heavy rain and triggered landslides was not classed as a typhoon under the government’s alert system.…
Anne Boden had left UK’s top banks as she was disillusioned with the sector. The financial crash and emerging technologies presented vast opportunity for change, but change it would not, and Boden was increasingly frustrated and decided to do something radical and set up her own bank. In her latest book Anne reveals how she…
This Christmas HMV has fallen victim slump in sales on the UK high street and customer changing habits including music streaming, and is filing for administration for the second time in six years, as shopper footfall dropped 3.1 per cent on Boxing Day compared with last year. His Master’s Voice, started trading in 1921, has…
Huawei, despite “malicious incidents” from US the UK, Australia, New Zealand and Japan who raised security concerns about supplier, has posted 21 per cent increase in revenues to $109bn for 2018. Guo Ping, Huawei’s current rotating Chairman said the Chinese telecoms equipment maker had secured 26 5G contracts this year said ” We must not…
Vinci the French infrastructure group has bought a majority stake in Gatwick airport for £2.9bn taking control of world’s busiest single-runway airport just after it was brought to a standstill by drone sightings in the near vicinity. Under the deal Vinci will take a stake of 50.01 per cent in a Gatwick airport that handled…
Mount Etna eruption on Monday followed by two earthquakes in Sicily just north of the city of Catania, injuring dozens of people and several buildings damaged in villages nearby. 4.8 magnitude earthquake rocked Sicily causing villagers to flee in panic. On Monday Mount Etna erupted injuring 10 people damaging churches and houses on the volcano’s…
Tim Leissner, an ace US investment banker bringing in tens of millions of dollars in revenues, pleaded guilty to bribery, conspiracy and money laundering charges in connection with a vast fraud at Malaysia’s State Development fund 1Malaysia Development Berad (1MDB scandal, his actions make him the pariah inside the bank and pose the greatest threats…
The death toll following the tsunami caused by the Anak Krakatau volcano eruption in Indonesia has risen to 45 with over 150 still missing and 16, 000 have been displaced. And the town smashed to pulp in minutes.
Eighty-two year-old Pope Francis, as head of the Roman Catholic Church spoke out while leading a service in St Peter’s Basilica in the Vatican for the traditional Christmas Eve Mass urged more “sharing and giving”, denouncing the “insatiable greed” of modern consumerism. He called on people in developed countries to live a simpler and less…