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PA Media: MoneyUK economy failed to grow in third quarter of 2024
Revised figures from the Office for National Statistics reduced previous estimates of 0.1% growth between July and September.
- Evening Standard
FTSE 100 Live 23 December: Direct Line takeover agreed, GDP revised lower
The downward revision came on the day that CBI warned chancellor Rachel Reeves the UK economy is “headed for the worst of all worlds”. In corporate developments, Aviva has agreed the terms of its £3.7 billion takeover of Direct Line. This raised fears that the UK economy may have stagnated or contracted in the fourth quarter.
- The Guardian
UK economy stagnates as GDP figures revised down
Keir Starmer and Rachel Reeves under as increasing pressure over promise to reboot growth
- PA Media: UK News
Bear the kitten survives Christmas scare thanks to vets’ charity
The six-month-old underwent a life-saving operation after he swallowed the netting from a beef joint last year.
- Associated Press Videos
Hong Kong pandas spoiled for Christmas with frosty treats
Panda pair An An and Ke Ke savored special icy treats as they mark their first Christmas in Hong Kong's Ocean Park. (AP video shot by Katie Tam)
- Yahoo Finance
Wall Street reevaluates 'higher for longer' rates post Fed meeting: What to know this week
Investors will contend with a host of challenges, from turmoil in Washington to a more hawkish stance from the Fed.
- Evening Standard
Jeremy Clarkson says pub barely turns profit due to thefts, parking charges and toilet issues
Jeremy Clarkson has said that turning a profit at the pub is ‘nigh-on impossible’
- Evening Standard
Gary Neville has new prediction for who will win the Premier League title
His first pick is finally out with a new top dog in play
- The Independent
UK economy has failed to grow since election in fresh blow for Labour
Figures from the ONS show no growth between July and September
- Variety
Universal and Amazon Music Strike Deal to Collaborate on Streaming 2.0, Audiobooks and AI Protection
Universal Music Group and Amazon Music have announced an expanded global relationship that will “enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection,” according to the announcement. While full details were not disclosed, the deal is intended to advance UMG’s “Streaming 2.0” strategy, which focuses less on …
- Reuters
Oil gains as cooling US inflation points to possible easing
SINGAPORE (Reuters) -Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year weighed on the market. "Risk assets, including U.S. equity futures and crude oil, have started the week on a firmer footing," IG markets analyst Tony Sycamore said, adding that cooler inflation data helped alleviate concerns following the Federal Reserve's hawkish rate cut. "I think the U.S. Senate passing legislation to end the brief shutdown over the weekend has helped," he said.
- Sky News
UK economy showed no growth in last quarter, revised figures show
The UK economy showed no growth in the last quarter, according to the revised figures from the Office for National Statistics (ONS). Early estimates show that real GDP per head fell by 0.2% in the third quarter of 2024, and is 0.2% lower compared with the same quarter a year ago. The UK and Italy had the lowest growth in the G7 in the third quarter, both flatlining.
- PA Media: Sport
Unhappy birthday – former champion Gary Anderson bows out of World Championship
The Scot hit just three of his 20 checkout attempts at Alexandra Palace.
- BBC
Woman dies after being set on fire on NYC subway
Police say the victim was set alight while sleeping on a train in Brooklyn on Sunday morning.
- Sky News
How the lives of the few child amputees allowed to leave Gaza are being rebuilt elsewhere
To find safety from Gaza, you need first to become the victim of a catastrophic injury and then be lucky enough to be identified, selected and extracted. Less than 100 children have been granted permissions and temporary visas for the United States to receive treatment since the war began in October 2023. In all, several hundred children have left Gaza for treatment in that time - most to other Middle Eastern countries.
- Sky News
Donald Trump threatens to retake Panama Canal and claims US is being 'ripped off'
Donald Trump has threatened to retake control of the Panama Canal - accusing Panama of charging excessive rates to use the crucial trade passage and warning of potential Chinese influence. Speaking to a crowd in Arizona, Mr Trump said he would not let the canal - which has been under Panamanian control for decades - fall into the "wrong hands". "Has anyone ever heard of the Panama Canal?" Trump asked supporters at AmericaFest on Sunday.
- France 24
France observes national day of mourning for Mayotte cyclone victims
France on Monday observes a national day of mourning set by President Emmanuel Macron for the victims of Cyclone Chido on the French overseas territory of Mayotte. More than a week after the storm hit, the official death toll is 35, although authorities say the real toll could be in the hundreds or even thousands. Flags will be flown at half-mast and a minute's silence will be observed at midday in public offices across France and its overseas territories on Monday for the victims of Cyclone Chi
- PA Media: UK News
Belfast City Airport reopens after landing emergency
Several flights were redirected after a plane made a hard landing.
- Simply Wall St.
Is There Now An Opportunity In Seatrium Limited (SGX:5E2)?
While Seatrium Limited ( SGX:5E2 ) might not have the largest market cap around , it saw a decent share price growth of...
- The Canadian Press
Nissan, Honda expected to announce plans to merge, creating world's No. 3 automaker
TOKYO (AP) — Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No. 3 in a global industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels while facing intensifying competition from Chinese rivals.