The Italian city Venice, a UNESCO world heritage site was engulfed in by 1.87m (6 feet) high water levels flooding its historic basilica and cutting power to homes. Italy’s prime minister Giuseppe Conte described the flooding as “ a blow to the heart of our country. It hurts to see the city so damaged its…
The Queen and senior politicians are joining commemorations for those who lost their lives in conflict at 11:00 GMT, a two-minute silence was held across the country. Boris Johnson, Jeremy Corbyn and Jo Swinson attended the annual ceremony at the Cenotaph in London. Prince Charles laid a wreath during the service on behalf of…
India government alleged to be using Israeli Pegasus spyware to Facebook-owned WhatsApp monitoring. Indian academics and lawyers have accused Narendra Modi’s government of hacking into their phones after discovering their WhatsApp accounts had been targeted. WhatsApp and University of Toronto’s Citizen Lab which tracks digital surveillance have attempted to contact 1, 400 telephone numbers around…
International Consolidated Airlines (IAG) is buying Air Europa, a privately owned business for €1bn from Globalia. The deal enables IAG to squeeze out costs and avoid the strikes that have plagued its British Airways subsidiary. Air Europa will be added to IAG’s main Spanish airline Iberia so that IAG can make Madrid a bigger regional…
Shanghai and Shenzhen equities have bounced back from a dismal 2018 as domestic investor confidence grows to put the country’s bourse as the world’s best performer this year. China is on pace to be the world’s best performing major stock market in 2019, with the benchmark CSI 300 Index up by a third as investors…
Nintendo stocks rose by 7 per cent yesterday, showing the group’s operating profits soared to Y67bn ( $614m) in July-September 2019 and smashed consensus estimates as the group’s bet on a cheaper version of its Switch console appeared to have paid off. Most analyst were forecasting about Y50m and several were surprised that Nintendo opted…
An official report into Grenfell disaster blamed London Fire Brigade and said “ if the LFB had not suffered serious shortcomings and systemic failures in its response, fewer people wold have died”. The 1000-page damning report accuses Danyh Cotton the LfB’s commissioner of remarkable insensitivity after she gave testimony insisting she would have done nothing…
Keith Vaz, former chair of the Commons Home Affairs-committee, is facing a six-month suspension from parliament after an inquiry found “compelling” evidence he offered to procure class A drugs for other people. The Labour MP, who has represented Leicester East since 1087, resigned from the committee three years ago, after a newspaper exposé claimed he…
Tiffany is expected to rebuff an unsolicited $14.5bn takeover approach from Bernard Arnault’s French luxury group LVMH. Tiffany’s adviser were yesterday still examining the surprise indicative offer from LVMH, the world’s largest luxury group by sales. The all-cash offer came earlier this month which pitches Tiffany shares at $120 per share at that time. Shares…