News

IATA

Airline profitability improves thanks to declining oil prices, says IATA

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Airlines globally are expected to post a collective net profit of about $19.9 billion in 2014, up from June’s estimate of $18 billion, the...
Ian McCaffety wants rate rise

Interest rates should rise sooner as wages reach turning point, says McCafferty

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Bank of England hawk Ian McCafferty says interest rates should rise sooner rather than later as UK wages reach a potential "turning point". Mr....
Bob Dudley, CEO BP

BP announces $1 billion restructuring charges

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British oil giant BP plc said on Wednesday it planned to spend about $1 billion on restructuring in the coming twelve months, as part...
Energy UK Logo

Energy UK helps 3m customers reclaim money left in old accounts

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There are millions of pounds lying idle in old accounts by millions of energy customers, says Energy UK, which is encouraging people to get...

Methane being released into the Pacific Ocean at an alarming rate

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Water at intermediate depths in the Pacific Ocean is warming up to a point where methane gas, trapped in frozen layers below the seafloor,...
UK GDP forecasts

UK GDP growth revised down to 3%, interest rate hike risk to economy, says...

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UK GDP growth has been revised downward to 3% from 3.2% for 2014, and from 2.8% to 2.6% and 2.5% to 2.4% for 2015...
green climate fund

Australia pledged A$200 million to the Green Climate Fund (GCF)

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Australia has pledged it will provide A$200 million over the next four years to the Green Climate Fund (GCF), a U.N. initiative that redistributes...
telus corp

Telus launches technologies to connect and control machines via the internet

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The Canadian telecom company, Telus Corp, has launched technologies that can connect and control machines via the internet. The company bids to increase sales...
viking ship

Vikings traveled with their families when colonizing new lands

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A recent study has found evidence to suggest that Viking women travelled with men as they explored for new lands to colonize. This is in...
T-Mobile Logo

T-Mobile cuts price of unlimited shared data plan by 29% to $100 month

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T-Mobile has cut the price of its unlimited shared data plan by 29 percent down to $100 month. This a move by the company...