Economy

A passenger tried to enter the cockpit on a Malaysia Airlines flight

A passenger tried to enter the cockpit on a Malaysia Airlines flight

Passenger Andrew Leoncelli told Fairfax the man screamed: "I've got a bomb and I'm going to f***ing blow the plane up " before flight attendants and other passengers tackled and restrained him. The passengers reportedly overpowered the man after he claimed to have explosives. The Sri Lankan national will likely face charges carrying maximum of ten years jail, the police said. Read More

Continue Reading »

European Central Bank keeps interest rates on hold as growth picks up

Those estimates undershoot of the bank's inflation target - close to, but below 2% - and are one of the reasons why the ECB sees the need to keep asset purchase levels so high and rates so low. He reiterated that low inflation needs loose monetary policy. In the year to May it was 1.4 percent and the European Central Bank doesn't expect much change over the coming two years. Read More

Continue Reading »

UK's May seals deal to prop up government, but loses key aides

In a resignation statement on the Conservative Home website, Timothy conceded that the campaign had failed to communicate "Theresa's positive plan for the future", and missed signs of surging support for the opposition Labour Party. The Prime Minister reiterated that the Government's approach and objectives in the forthcoming talks to re-establish the Northern Ireland Executive remained unchanged. Read More

Continue Reading »

Lyft joining forces with Jaguar Land Rover in tech venture

Lyft joining forces with Jaguar Land Rover in tech venture

In a press release, InMotion said that the investment will allow it to provide support for Lyft's expansion by supplying drivers with fleets of Jaguar and Land Rover vehicles. cities. Preceding this investment, InMotion also invested in a business connected to Lyft called SPLT. For Lyft, the deal represents the latest collaboration between the ride share company and tech firms developing mobility solutions. Read More

Continue Reading »

Microsoft launches new Xbox One X console

Microsoft Corp . announced a worldwide release date of November 7 for what the company said will be its smallest and most powerful video-game console ever , the Xbox One X . It will cost £449 in the United Kingdom on its release on 7 November. The One X is slightly slimmer, and seems like it'll be a fair bit more portable for those that don't want it to live under the TV forever. Read More

Continue Reading »

UAE urges Qatar to change policy after terror list issued

Qatar expressed regret over this decision calling it groundless. Read: Is Trump fueling tension in the Middle East? "He must do more", Tillerson said , "and he must do it more quickly". Meanwhile, Saudi Arabia and Bahrain welcomed on Saturday Trump's demand for Qatar to stop supporting terrorism, but did not respond to the USA department of state call for them to ease pressure on the Gulf state. Read More

Continue Reading »

Trump faces lawsuit for accepting foreign payments via business empire

Trump faces lawsuit for accepting foreign payments via business empire

News reports that Maryland Attorney General Brian Frosh and D.C. A.G., Karl Racine, did not disclose the focus of the litigation. For instance, the president still receives routine updates on the company's finances. They said in a statement they would formally announce Monday afternoon. A key case in the dispute is a hotel that Trump opened previous year by leasing a large, stately building that used to be a central post office, just down the road from the White House . Read More

Continue Reading »

Trump tweets on Comey, declares 'total vindication'

Trump tweets on Comey, declares 'total vindication'

Comey has said Trump asked him in a private meeting in February to end that probe. Comey raises a legitimate point when he asks: Why did the president have everyone leave the Oval Office before he brought up the Flynn investigation and said he hoped Comey could let it go? "I found him to be credible, candid and thorough", Mrs Collins said. Read More

Continue Reading »

Qatar Says Gulf Citizens Can Stay despite Crisis

While Gulf countries vowed to isolate Qatar, Turkey made a decision to side with the oil rich state by deploying troops there. "We have observed with concern the news of this escalation", Russian Foreign Minister Sergei Lavrov said in opening remarks of his meeting with Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani in Moscow. Read More

Continue Reading »

Iran sends planes of food to Qatar amid concerns of shortages

Kuwait, which has retained ties with Qatar and has often acted as a mediator in regional disputes, said it wanted to resolve the dispute "within the unified Gulf house". Then, just a a little while later, Tillerson's boss Donald J. Trump said at a press briefing , "The nation of Qatar unfortunately has historically been a funder of terrorism at a very high level..." Turkey set up a military base in Qatar with some 150 troops, its first in the Middle East, as part of an agreement signed in ... Read More

Continue Reading »

Conservatives, DUP agree to 'confidence and supply' deal on government

Conservatives, DUP agree to 'confidence and supply' deal on government

Bookies also slashed odds on Foreign Secretary Boris Johnson taking over as PM with the former London Mayor rumoured to be making a bid for the leadership. On Brexit, the DUP supports leaving the European Union but opposes a return to a "hard" border with Ireland - which could happen if May carries through her threat to walk away from the talks rather than accept a "bad deal". Read More

Continue Reading »

Oil falls 1% on fears Mideast rift could harm Opec cuts

Oil falls 1% on fears Mideast rift could harm Opec cuts

Crude stocks at the Cushing , Okla., delivery hub fell by 1.4 million bbl, the EIA said. USA stocks of crude oil and gasoline surprisingly rose last week as refinery runs declined and exports fell, official data showed on Wednesday. Bloomberg reported that US crude imports from Saudi Arabia fell by 55 per cent for the week that ended June 2, but imports from Iraq hit levels not seen since 2012. Read More

Continue Reading »

Brexit talks face delay after Conservatives' UK election shock

The Protestant unionist party also had links with outlawed paramilitary groups during the years of Northern Ireland's "Troubles". "A coalition would be much better than a looser alliance", one senior minister said. Earlier, she had made clear of her desire to secure support from "friends and allies" in the DUP ahead of the Queen's Speech on 19 June. Gay marriage is banned in Northern Ireland, as is abortion except for when the life of the mother is in danger. Read More

Continue Reading »

Gulf nations may let some Qataris stay amid diplomatic rift

The ban comes amid a diplomatic row as Saudi Arabia blacklisted entities and individuals that they perceive as connecting Qatar to extremist groups, with the United Arab Emirates , Egypt, Yemen, and Bahrain included. For its part, Qatar issued an overnight statement saying residents living in the country from those nations that severed ties would have "complete freedom" to stay despite the "hostile and tendentious campaigns" now targeting it. Read More

Continue Reading »

Kuwait says Qatar is 'willing' to hold dialogue

Qatar has said citizens of the nations that have cut ties with the emirate will be allowed to stay in the country despite measures against its own nationals. and expressing concern that the deepening instability would hurt the US-led campaign against the Islamic State in Iraq and Syria. Despite Tillerson's assessment that the fight against ISIS had been impacted, Pentagon officials said there has been no immediate disruption. Read More

Continue Reading »

British PM fights for survival ahead of Brexit talks

British PM fights for survival ahead of Brexit talks

British Prime Minister Theresa May was expected to name the rest of her cabinet on Saturday after a crushing election setback, just days before Brexit talks begin. 'We welcome this commitment, which can provide the stability and certainty the whole country requires as we embark on Brexit and beyond. May had called the snap election with a view to increasing the narrow majority she had inherited from her predecessor David Cameron. Read More

Continue Reading »

United Nations chief calls on world to back Paris climate deal

United Nations chief calls on world to back Paris climate deal

French President Emmanuel Macron urged the United States to remain engaged, while earlier in the trip the Pope gifted President Trump a copy of his encyclical on the environment and climate change . The G-7 summit marked the last stop of Trump's first overseas trip as president, a gruelling nine-day tour that included high-level discussions in the Middle East and with North Atlantic Treaty Organisation, as well as a meeting Pope Francis at the Vatican. Read More

Continue Reading »

Trump punches back, accuses Comey of lying to Congress

Trump punches back, accuses Comey of lying to Congress

When Karl asked about the so-called "loyalty pledge" that Comey referred to, Trump denied that it ever occurred, saying "I hardly know the man, what kind of person would do that?" Did I say something compromising? "Who would do that?" "No I didn't say that", Trump stated abruptly, taking questions at a joint press conference with Romanian President Klaus Iohannis in the Rose Garden. Read More

Continue Reading »

'Qatar must do more to combat extremism,' says Tillerson

It was the fourth call Trump has had with a regional leader since Gulf allies severed diplomatic ties with Qatar on Monday over long-standing allegations that Doha is courting Iran. The announcement increases pressure on Qatar in a diplomatic and economic campaign to isolate the small Gulf Arab state, which is a critical global supplier of gas and hosts the biggest USA military base in the Middle East. Read More

Continue Reading »

Angela Merkel says EU ready for Brexit negotiations and wants quick resolution

Instead, a disastrous campaign resulted in the Conservatives failing to hold enough seats for an outright majority, forcing May to seek the support of a small Northern Ireland party to put together a government. Merkel said Europe wanted Britain to remain a good partner, adding they wanted to get to work "speedily". The short of a majority in parliament made talks imbalanced and uncertain. Read More

Continue Reading »

Canadian Grand Prix qualifying: Lewis Hamilton takes pole ahead of Sebastian Vettel

Canadian Grand Prix qualifying: Lewis Hamilton takes pole ahead of Sebastian Vettel

To rub salt into the wound for the 18 year old, his Williams teammate Felipe Massa was seventh fastest, with his best qualifying time 1.3 seconds faster than what Stroll could muster. He was the one who inspired me to be where I am today so to match him and to receive this is the greatest honor. "It was a sexy lap", he said. Lewis Hamilton has a British passport, and lives in Monaco, but Montreal felt like home on Saturday as he celebrated his milestone 65th career pole position in ... Read More

Continue Reading »

Pound dives as UK enters new period of uncertainty

The survey predicted the Conservatives will get 314 seats and the Labour Party 266. The party's opposition to abortion and same-sex marriage places it at odds with modernizing Conservatives. While he was demonized by conservative newspapers, on Facebook Corbyn was trending. But it was a campaign that had May's name front and center, and one which was thrust upon an electorate already tired from a general election two years earlier and a bitter Brexit referendum campaign the year before. Read More

Continue Reading »

Portland Rally Urges Leaders to Support Paris Climate Agreement

The bills outlines several strategies, plans, and advancements to reduce greenhouse gas emissions in accordance with the worldwide treaty's goals. "Most North Carolinians believe it's past time to reverse course on the job-killing overregulation of the Obama era - and the Paris Accord was a serious threat to President Trump's ability to move our nation toward energy independence and cut unnecessary government red tape", NC Senate leader Phil Berger said in a Facebook post. Read More

Continue Reading »