Markets
United Kingdom industrial output increased modestly in July
Output in the UK's construction sector fell for a fourth consecutive month, signalling further trouble for the already stricken sector, according to data released by the Office for National Statistics on Friday . United Kingdom industrial production rose 0.2% for July which was in line with consensus forecasts with the year-on-year growth rate edging higher to 0.4% from 0.3%. [Full Article...]
Uber Drivers In London Must All Go Hybrid Or Electric By 2020
By 2022, Uber wants to extend the policy cover all 40 United Kingdom cities it operates in, and by 2025 is aiming to have a fully electric fleet in London . Several European cities have announced plans to ban diesel vehicles, or older diesels with high levels of emissions, from entering their central cores. [Full Article...]
Trinity Mirror in talks to buy Express and Star owner Northern & Shell
Trinity Mirror revealed it had entered into talks about buying all the publishing assets outright after having ceased discussions on taking "a minority stake in a new company comprising the publishing assets of Northern & Shell". Northern & Shell sold the British television broadcaster Channel 5 to Viacom in 2014 for £450 million. The Daily Mirror , meanwhile, sold 625,278 copies in July, acco... [Full Article...]
Social Security Numbers of 143M Exposed in Equifax Hack
The company has not found evidence core consumer or commercial credit reporting databases were hacked. Those first four pieces of data are everything that an identity thief would need to pretend that he's you. The Equifax breach is one of the largest breaches ever. Check if you have been hacked at: https://trustedidpremier.com/eligibility/eligibility.html . [Full Article...]
Crude prices rise on world markets
Commodity Futures Trading Commission (CFTC) said. Domestic crude production fell sharply by 7.9% on the week at 8.78mn bpd due to hurricane damage, although there was still an increase of 3.8% over the year. That brought US crude inventories up to 462.4 million barrels. Start your workday the right way with the news that matters most. Port and refinery closures amid the Gulf coast and harsh ... [Full Article...]
NB official opposition blames Gallant government for suspension of Energy East assessment
The NEB review would also include an assessment of how Canada's carbon taxes and other climate-change regulations would impact the need for the pipeline. The Energy East pipeline is the largest pipeline proposal in Canadian history, and if approved, would ship up to 1.1 million barrels of oil per day from producers in Alberta, Saskatchewan and North Dakota to refineries and marine ports in Quebe... [Full Article...]
FBI Probing Uber Over Using 'Hell' Against Lyft
The program in question used fake Lyft accounts to let Uber track its competitor's drivers and ride prices. It then cross-referenced those locations with data on its own drivers to find out which ones were working for both companies, according to reports . [Full Article...]
ECB cuts inflation forecasts, sees higher 2017 growth
More important, its inflation projections were kept unchanged at 1.5% this year but was lowered to 1.2% (from 1.3%) next year and 1.5% (from 1.6%) in 2019, not least, because of the euro currency's strength. The dollar was last up 0.2 percent against the offshore Chinese yuan at 6.4990 yuan, rebounding off a low of 6.4437 after sources said the country's central bank plans to scrap reserve requi... [Full Article...]