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Business - Oil steadies on doubts output cut will end global glut


Oil prices steadied on Wednesday as investors waited to see if OPEC and Russia would deliver promised production cuts designed to end a supply overhang that has weighed on the market for more than two years. North Sea Brent crude oil was up 10 cents a barrel at $54.03 by 0950 GMT. Oil prices surged as much as 19 percent after the Organization of the Petroleum Exporting Countries and Russia announced last week that they would cut production next year in an effort to prop up markets.


Wednesday, December 07, 2016  10:26

Yahoo

World - Guardiola lauds `quality` as Manchester City loanee scores for Celtic


Manchester City manager Pep Guardiola expressed admiration for Patrick Roberts after the loanee scored against his parent club for Celtic in a 1-1 Champions League draw. City signed Roberts, 19, from Fulham in 2015 for a reported fee of 12 million pounds ($15.2 million, 14.2 million euros), but he played just three times before joining Celtic on an 18-month loan last February.


Wednesday, December 07, 2016  10:05

Yahoo

World - Guardiola lauds `quality` as loanee Roberts scores for Celtic


Manchester City manager Pep Guardiola expressed admiration for Patrick Roberts after the loanee scored against his parent club for Celtic in a 1-1 Champions League draw. City signed Roberts, 19, from Fulham in 2015 for a reported fee of 12 million pounds ($15.2 million, 14.2 million euros), but he played just three times before joining Celtic on an 18-month loan last February.


Wednesday, December 07, 2016  09:41

Yahoo

World - Scotland bans smoking in cars with children


A new law comes into force in Scotland on Monday banning smoking in cars when children are present, as part of the government`s plans for a `tobacco-free generation`. Under the law smokers face a £100 ($127, 119 euros) on-the-spot fine if caught lighting up in a private vehicle where under-18s are present. The penalty increases up to £1,000 if a case goes to court, under a bill passed unanimously in Scottish Parliament in December.


Sunday, December 04, 2016  20:17

Yahoo

Business - Oil slips on doubts output cut will end global glut


Oil prices slipped on Wednesday on doubts that promised production cuts by OPEC and Russia would be deep enough to end a supply overhang that has weighed on the markets for more than two years. North Sea Brent crude was down 30 cents a barrel at $53.63 by 0840 GMT. Oil prices surged as much as 19 percent after the Organization of the Petroleum Exporting Countries and Russia announced last week that they would cut production next year in an effort to prop up markets.


Wednesday, December 07, 2016  09:05

Yahoo

Business - Oil drops on doubts output cut will be deep enough to end glut


Oil prices fell on Wednesday on persistent doubts a planned crude production cut led by OPEC and Russia would be deep enough to end a supply overhang that has dogged markets for over two years. International Brent crude oil futures were trading at $53.69 per barrel at 0131 GMT, down 24 cents, or 0.45 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down 19 cents, or 0.37 percent, at 50.74 per barrel.


Wednesday, December 07, 2016  01:55

Yahoo

World - UK court convicts Belgian linked to Brussels, Paris attacks suspect


A British court on Tuesday convicted a Belgian man living in Birmingham of giving money to Brussels and Paris terror attacks suspect Mohamed Abrini. Zakaria Boufassil handed £3,000 ($3,770, 3,550 euros) in cash to Abrini when the latter visited the city in central England in July 2015, with the knowledge that it would be used for terrorism, the court found. Testifying at Kingston Crown Court in London last week, the 26-year-old admitted to meeting Abrini and to holding the money for his conspirator, Mohamed Ali Ahmed, but said he had `no idea` of its intended use.


Tuesday, December 06, 2016  14:18

Yahoo

World - UK financial sector makes record tax contribution: study


Britain`s financial services paid a record amount in taxes last year, new figures revealed Tuesday, emphasising the sector`s importance as the country prepares to withdraw from the European Union. The sector`s total tax contribution reached £71.4 billion (84.7 billion euros, $90.9 billion) in the year to March 31, up 7.4 percent on the previous year, the study by consultancy PwC for the City of London Corporation showed. The figures represent 11.5 percent of the British government`s total tax receipts over the 12-month period and the equivalent of almost a quarter (23.3 percent) of financial services` turnover.


Tuesday, December 06, 2016  14:09

Yahoo

World - RBS says to pay $1.0bn over toxic rights issue claims


Royal Bank of Scotland pledged Monday to pay up to $1.0 billion (950 million euros) to settle cases linked to a controversial 2008 shares sale conducted just before its state bailout. RBS, which is still 73 percent owned by the British government, said in a statement it has reached a `final settlement` with three out of the five investor groups bringing compensation claims against it over the matter. The Edinburgh-based lender has offered to pay up to £800 million to resolve all the compensation claims, but it remains in discussions with the two other groups.


Monday, December 05, 2016  09:18

Yahoo

World - Ex-Chelsea player claims club `paid for silence on abuse`


A former Chelsea player has claimed he was paid £50,000 ($63,000) by the Premier League club not to go public about allegations that he was sexually abused by its former chief scout. Gary Johnson, 57, told The Mirror on Friday that he had been abused as a youth player by Eddie Heath, who is now dead. The latest allegations come as around 350 people have told British police they were victims of abuse by football coaches, deepening a scandal that has rocked the sport.


Friday, December 02, 2016  10:44

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