Glencore Takes $7bn Hit On Xstrata Assets

Glencore Xstrata has written down $7.7bn (£4.9bn) of assets inherited from Xstrata. It comes as the company announced its half-year results, reporting a 9% drop in pre-tax profit to $6bn (£3.8bn). It is the first full set of results since Glencore...

00.26 | 0 komentar | Read More

Versace To Build Luxury Macau Hotel Complex

Italian fashion house Versace is set to enter Asia's luxury hotel market. The company has signed a deal to build its complex at a casino resort in the Asian gambling capital, Macau. It is a joint venture with the Chinese territory's biggest casino...

00.26 | 0 komentar | Read More

Anti-Fracking Protesters Cleared By Police

Police have been forcibly clearing protesters from a road outside a potential site for fracking in Balcombe, West Sussex. Activists are taking part in a six-day Reclaim The Power demonstration after Cuadrilla began carrying out exploratory drilling...

00.26 | 0 komentar | Read More

Petrol Price Warning As Retailers Forecast Hikes

Fuel prices are set to rise by as much as 5p a litre, according to the Petrol Retailers' Association (PRA). It comes amid civil unrest in Syria and Egypt as well as a reduction in Libya's oil exports, which are down by a third. The PRA's forecast follows...

00.26 | 0 komentar | Read More

Men Get Bigger Bonuses As Gender Pay Gap Widens

Average bonuses for male managers were twice as much as those of their female counterparts last year, according to new research. The Chartered Management Institute (CMI) said the gender pay gap was widening as a result of bonuses. Last year male managers...

00.26 | 0 komentar | Read More

Mortgage Lending Up By Nearly A Third

Mortgage lending was up by 29% in July compared to the same month last year, new figures show. The Council for Mortgage Lenders (CML) said that total gross lending increased to £16.6bn in July, up from £14.8bn in June. It is the highest monthly estimate...

00.26 | 0 komentar | Read More

Tax Office Warns Football Clubs Over Low Pay

By Enda Brady, Sky News Correspondent Dozens of top-flight English football clubs are to receive a letter from tax inspectors warning them that they must pay staff the minimum wage or face a fine of up to £5,000 and potential prosecution. HM Revenue...

00.26 | 0 komentar | Read More

Gary Bolton Jailed Over Fake Bomb Detectors

A businessman has been sentenced to seven years in prison for making and selling fake bomb detectors. Gary Bolton, 47, made millions of pounds selling the devices around the world, boasting they could detect explosives, drugs, ivory, tobacco and even...

00.26 | 0 komentar | Read More

Schaeuble: Greece Needs Third Bailout

German finance minister Wolfgang Schaeuble has said Greece will have to be given another bailout. Speaking at an election event in northern Germany, he said: "There will have to be another programme in Greece." It would be the third time international...

00.26 | 0 komentar | Read More

Bank Intern Dies After 'Pulling All-Nighters'

A 21-year-old Bank of America Merrill Lynch intern who died in London last week had reportedly been working more than 20 hours a day. Moritz Erhardt, a University of Michigan student from Germany, was coming to the end of a seven-week internship when...

00.26 | 0 komentar | Read More