The average price of a London property jumped 9.2% last year to a huge £481,820, according to the Land Registry. But what’s behind the insane rise in prices? A lot has been made of the influx of foreign money, with David Cameron saying on Tuesday he was worried about London’s housing market becoming a haven […]
BEIJING, Jan 1 (Reuters) – China has created three new military units and will update equipment as well as modernising its command structure, state media said on Friday, as part of a major overhaul of the armed forces announced by President Xi Jinping in November. read more >>> Source : Reuters
China looked set for a soggy start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December. read more >>> Source : CNBC.Com
Jan 1 (Reuters) – Overflowing rivers were receding in Missouri and Illinois on Friday after flooding swamped communities and forced towns to evacuate, with forecasters warning that rain-swollen waterways flowing downstream could menace Southern states. read more >>> Source : Reuters
MOSCOW, Jan 1 (Reuters) – Russia will file a lawsuit against Ukraine after Kiev failed to repay a $3 billion Eurobond and $75 million of interest by Dec. 31, the Russian finance ministry said late on… read more >>> Source : Reuters
Anonymous company review site Glassdoor Wednesday released its Best Places to Work in 2016 list on Wednesday. The company has published the 25 highest rated companies in the UK based on reviews on its site. Glassdoor lets people anonymously rate companies they’ve worked for, so the list is a likely a pretty honest assessment of […]
The CRTC is promising to do something about regulating video streaming this year, Peter Nowak writes. But having already blinked in the past when trying to deal with big international providers like Netflix, maybe don’t hold your breath. read more >>> Source : CBC.Ca
The Indian rupee, despite weakening nearly 5% against the dollar, has emerged as one of the best performing currencies in 2015. read more >>> Source : EconomicTimes.IndiaTimes.Com
This year marks a “symbolic and significant milestone” for average global temperatures on land, which will reach a whole 1°C higher than temperatures before industrialisation, according to the World Meteorological Organisation. A single degree might not sound like a lot, but the effects of a warming planet can account for many of the extreme weather […]
There are only 1,826 billionaires in the world and there are some common traits that majority of them share. According to price comparison website GoCompare, which analysed data from Forbes between 1996 and 2015, there are some major factors that the world’s richest people seem to adhere to. From sharing the same star sign to […]
The Legatum Institute, a think tank based in London, on Monday released its annual global Prosperity Index, a huge survey that ranks what it calls the most prosperous countries in the world. The amount of money a country has is one factor of prosperity, but the Legatum Institute considered more than that in its ranking. […]
CAREFREE spending over Christmas has given many of us the gruelling task of paying back those bills in the New Year, but a few simple tricks can get you out of the red faster. read more >>> Source : The Daily Express
The rise of social engineering fraud read more >>> Source : BBC
The first export of U.S. crude oil in four decades departed a Texas port Thursday, just weeks after a ban on such exports was lifted. The ship is carrying a cargo of oil from ConocoPhillips’ wells in south Texas that was sold to Swiss trading house Vitol Group. In December, President Barack Obama signed legislation […]
SAN FRANCISCO, Dec 30 (Reuters) – Microsoft Corp experts concluded several years ago that Chinese authorities had hacked into more than a thousand Hotmail email accounts, targeting international leaders of China’s Tibetan and Uighur minorities in particular – but it decided not to tell the victims, allowing the hackers to continue their campaign, according to […]
A golden age for British entrepreneurship? read more >>> Source : BBC
Dec 31 (Reuters) – Towns in Tennessee and southern Illinois prepared on Thursday to cope with potential flooding after rain-swollen rivers washed out hundreds of structures in Missouri, Arkansas and eastern Oklahoma and forced thousands to flee their homes. read more >>> Source : Reuters
BERLIN, Dec 31 (Reuters) – German police evacuated two train stations in Munich late on Thursday, saying on Twitter they had received a tip regarding a planned militant attack on New Year’s Eve in the Bavarian capital. read more >>> Source : Reuters
Lord Bilimoria, founder of Cobra beer, offers the business advice he wishes he had had when he started out, as part of the BBC News series, CEO Secrets. read more >>> Source : BBC
It is pretty clear what worked best for mutual funds in 2015. Several prominent strategists who spoke with IBD expect similar results at best — more likely, slightly worse — in 2016. And they expect to find better investment opportunities outside the U.S. Eighty-nine of 2015’s 100 top-performing U.S. diversified stock funds as of Dec. […]
BROKERS expect the FTSE100 to be weighed down by low commodity prices this year, as well as slowing growth in emerging markets. read more >>> Source : The Daily Express