UK Borrowing on Track to Undershoot as Inflation Boosts Tax
An inflation-induced tax boom has left UK government borrowing on track to come in significantly below official forecasts
2023-10-20 15:49
MAOR INVESTMENTS Announces the Closing of Its Second Fund at $180M, 1.8x the Size of MAOR I
LUXEMBOURG & TEL AVIV, Israel--(BUSINESS WIRE)--Oct 20, 2023--
2023-10-20 15:29
Analysts' comments on China's export permits for some graphite products
SINGAPORE China will require export permits for some graphite products to protect national security, its commerce ministry said
2023-10-20 15:25
Relentless climb in Treasury yields may have further to run after surging to 5%
By David Randall and Davide Barbuscia NEW YORK Some investors believe a bond market selloff that has pushed
2023-10-20 15:24
Jon Bon Jovi named MusiCares Person of the Year
Jon Bon Jovi has been named the 2024 MusiCares Person of the Year and will be honoured at a special gala in February.
2023-10-20 15:20
Stock market today: Asian shares slip further as higher US 10-year Treasury yield pressures Wall St
Asian shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street
2023-10-20 15:18
Deadpool 3 delayed from May 2024
'Deadpool 3' is halfway done and unlikely to make its pencilled-in release date next May.
2023-10-20 15:17
Take Five: Another curve ball for markets
Escalating tension in the Middle East and surging U.S. bond yields set financial markets up for more turbulence,
2023-10-20 14:55
Trade Sourcing From China via WorldFirst Rises 83% as of September 2023, Driven by Demand From Emerging Markets
GUANGZHOU, China--(BUSINESS WIRE)--Oct 20, 2023--
2023-10-20 14:54
Mumbai air worse than Delhi this week
Withdrawing monsoon rains and constructions work have caused the air quality to deteriorate, officials say.
2023-10-20 14:53
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:51
F1 drivers react as governing body increases size of fines
Lewis Hamilton and his fellow Formula One drivers could be fined up to one million euros following a dramatic change to the sport’s rulebook. Ahead of this weekend’s United States Grand Prix, F1’s governing body announced it has increased the maximum sanction that stewards can impose on a driver from 250,000 euros (£218,000) to 871,500 euros (£760,000). The FIA said the amount had been static for the last 12 years and “does not reflect the current needs of motor sports”. But the decision was met with surprise by the grid’s drivers. Daniel Ricciardo, back in action after missing five races with a broken hand, calling it “scary”, and Haas’ Kevin Magnussen branding the move “ridiculous”. Hamilton, who next season will start a new £100million two-year deal with Mercedes, said: “If they are going to fine us one million euros, let’s makes sure that 100 per cent of that goes to a cause. “There is a lot of money in this industry and there is a lot more that we need to do to increase diversity, improve access and create more opportunities for people who don’t have an opportunity to get into a sport like this. “That is the only way they will get that money from me.” Hamilton also accused the FIA of “poor communication” following the governing body questioning his status as “a role model” after he walked across the track at the previous round in Qatar. If they are going to fine us one million euros, let's makes sure that 100 per cent of that goes to a cause Lewis Hamilton Hamilton, 38, was fined £43,350 – half of which is suspended for the remainder of the season – in the hours after the race on October 8 in which he crossed the circuit following a first-corner crash with Mercedes team-mate George Russell. But seven days after the incident in Lusail, and in a largely unprecedented move, the FIA said Hamilton’s actions are under review. A spokesperson for the governing body said: “In view of Lewis Hamilton’s role model status, the FIA is concerned about the impression his actions may have created on younger drivers.” It is understood that the FIA is planning to meet with the seven-time world champion here in Austin. It is unlikely Hamilton will face additional penalties – with the FIA opting against taking the case to the International Court of Appeal to increase his fine – but harsher punishments could be handed out in the future for a similar infringement. “I don’t think I was singled out,” added Hamilton. “Ultimately, it was just poor communication. I don’t think what they said is what they meant. “They are looking into how they can tackle these things going forward to make sure it doesn’t happen again. “There was a karting incident where a kid was hit when he walked on to the track so we need to make sure we focus on safety and that was the root of it. But they need to speak to their PR agent to do a better job. “Their actual point is important. When I sat in the stewards’ office I put my hands up and acknowledged that in the heat of the moment it was the wrong decision. I apologised at the time.” Read More Daniel Ricciardo ready for AlphaTauri return at United States Grand Prix On this day in 2009: Jenson Button crowned Formula One world champion in Brazil FIA to review Qatar GP as ‘dangerous’ temperatures prompt driver complaints Lewis Hamilton and George Russell vent anger on radio after collision in Qatar Lewis Hamilton crashes out after first-corner collision with George Russell In his own words: Christian Horner on world champion Max Verstappen
2023-10-20 14:49
