Denmark cuts deposit rate, will not remove currency peg to euro
The Danish central bank reduced its deposit rate into negative territory on Monday as the market speculated that it could do something similar to...
Fast radio burst from unknown source detected by astronomers in real time
Astronomers have observed an extremely short, sharp flash of radio waves from an unknown source in the universe. The mysterious phenomenon was detected, unlike...
UK North versus South wealth gap is widening, says new study
The gap between the UK's best- and worst-performing cities has widened dramatically over the past ten years, creating a two-tier economy of decline (mainly...
Goldcorp acquires Probe Mines for C$526 million
Vancouver-based gold producer Goldcorp Inc. announced on Monday that it is to acquire all outstanding shares in Toronto-based precious metals explorer Probe Mines Limited...
Balfour Beatty wins £1.5bn UK-wide public works contract
British multinational infrastructure group Balfour Beatty plc announced on Monday that it had won a new UK-wide infrastructure and civil engineering public works contract....
British Gas cutting household bills by 5%, or £37 average per year
British Gas said it is to cut household gas prices by 5%, which on average will reduce people’s bills by £37 per year. The...
New legless snake-like caecilian amphibian discovered in Cambodia
Scientists have discovered a new species of legless amphibian in the Cardamom Mountains of Cambodia. Called Ichthyophis cardamomensis, the new species is a caecilian.
The...
Thorntons posts super retail Christmas sales, FMCG not so good
British chocolate maker Thorntons plc said it was pleased with its 5% increase in like-for-like retail sales over Christimas (14 weeks to Jan 10),...
Richest 1% wealthier than rest of the world combined, says Oxfam
A study by the charity Oxfam reveals that the richest 1% will soon have more wealth than the rest of the world combined, highlighting...
Eurotunnel warns of more Channel Tunnel delays
Channel Tunnel operator Eurotunnel has issued a warning that delays will continue after Saturday's fire and the electrical fault on Sunday.
Eurotunnel posted an update...