Latest Stories
- Evening Standard
FTSE 100 Live 23 April: Primark owner ABF results, public sector net borrowing
The FTSE 100 index is set to build on last night’s record finish, with IG Index forecasting a rise of 0.5% or 43 points to an intraday all-time high near 8066. The rise follows a better session on Wall Street as the S&P 500 index and Nasdaq Composite recovered from recent tech selling by climbing 0.9% and 1.1% respectively. This week’s stronger showing by global markets follows an easing in Middle East tensions and some encouragement on the inflation front after Brent Crude fell to near $87 a barrel.
- Reuters
Japan's Nikkei rises but US earnings caution caps gains
Japan's Nikkei share average rose on Tuesday, buoyed by Wall Street's rally overnight, although concerns about big tech earnings and tensions in the Middle East capped gains. The Nikkei ended the day up 0.3% at 37,552.16. Trading was choppy in Tuesday's morning session, with the index gaining 1% before retreating briefly into negative territory.
- PA Media: UK News
UK annual government borrowing higher than forecast in blow to Chancellor
The ONS estimated that full-year public sector net borrowing was £120.7 billion in 2023-24, £6.6 billion more than predicted.
- BBC
What $61bn US aid boost could mean for Ukraine
After weeks of Russian advances, there are three areas where Ukraine could now strengthen its defences.
- Storyful
Columbia Professors Address Crowd Amid Faculty Walkout Over Arrest of Pro-Palestine Protesters
University of Columbia faculty addressed crowds of protesters on Monday, April 22, amid a walkout over the arrest of students during pro-Palestine demonstrations.Video filmed by Anna Louise Kuoni Oakes shows David Lurie, president of the Columbia chapter of the American Association of University Professors (AAUP) and professor of Japanese history, reading from the AAUP-Columbia statement released on Saturday.“We condemn, in the strongest possible terms, the administration’s suspension of students engaged in peaceful protest and their arrest by the New York City Police Department”, Lurie says.Then, Christopher Brown, professor of history, says: “The New York Police Department does not belong on this campus except in moments of extreme emergency. And that show of force was a sign of weakness. In trying to show that they meant business, what they showed was their incompetence.”Columbia University canceled all in-person classes on Monday, due to the ongoing Gaza solidarity encampment on its Manhattan campus. Credit: Anna Louise Kuoni Oakes via Storyful
- Reuters
UPDATE 1-British retailer JD Sports to buy US rival Hibbett for $1.08 billion
JD Sports Fashion has proposed to buy American athletic-fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as the British sportswear retailer expands across the southeastern U.S. JD Sports, Britain's largest sportswear retailer, will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price. The Bury, Greater Manchester-based company said it expects to fund the deal and refinance Hibbett's existing debt through its existing U.S. cash resources of $300 million and a $1 billion extension to its existing bank facilities.
- The Canadian Press
Hyman, McDavid lead Oilers to 7-4 playoff win over Kings
EDMONTON — For once the Edmonton Oilers won’t have to dig themselves out of a hole to start the NHL playoffs. Zach Hyman had three goals and an assist, Connor McDavid had five assists, and the Oilers ended their series-opening jinx with a 7-4 victory over the Los Angeles Kings in Monday's start to the first-round, best-of-seven series. “I thought we had a good start, I thought we were good in the first period, worked our way to a 2-0 lead and I thought we showed good energy and we played really
- Hoops Hype
NBA Twitter reacts to Jamal Murray’s buzzer beater in Game 2 vs. Lakers: ‘I give up’
Here's how NBA Twitter reacted to Jamal Murray's game-winner against the Lakers.
- Evening Standard
Primark booms as Rita Ora deal pays off
Primark owner ABF hailed strong results today as it put Covid firmly in the past and said there is now “normality” in its supply chains. The interim divi is up 46% to 20.7p, worth many millions to the Weston family that controls the business. Improvements to the Group's operational performance, driven by the investments and strong execution over the last few years, are now becoming visible.
- KGTV - San Diego Scripps
Man dead after stabbing at gas station, fiancé reacts
ABC 10News spoke with the fiancé of the man who was stabbed and killed during an altercation at a gas station in University Avenue.
- Evening Standard
Chelsea XI vs Arsenal: Predicted lineup, confirmed team news and injury latest for Premier League today
Blues could lose their key man to illness ahead of London derby
- Insider Monkey
Expedia Group (EXPE) Declined 9.3% Giving Back its Gains
Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. During the quarter the strategy returned 11.8% net of fees compared to the S&P 500’s 10.6% return. The outperformance of the portfolio can be attributed to selection and […]
- Reuters
North Korea hacking teams hack South Korea defence contractors - police
Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks and stealing technical data, South Korea's police said on Tuesday. Hacking teams linked to North Korea's intelligence apparatus and known as Lazarus, Kimsuky and Andariel planted malicious codes in data systems of the defence companies either directly or through contractors working with them, the police said. The police, working with a team of national spy agency and private sector experts, traced the hacks to the groups, identifying them by the source IP addresses, the re-routing architecture of the signals and the signatures of the malwares used, it said.
- The Guardian
Beau Lamarre’s lawyer flags mental health defence to murder charges
Outside court in Sydney, John Walford says he is ‘not sure’ how his client will plead to alleged murders of Jesse Baird and Luke Davies
- Evening Standard
Kim Jong-un leads North Korea rocket drills that 'simulate nuclear counterattack'
Report comes a day after South Korean and Japanese militaries detected North firing suspected multiple short-range ballistic missiles
- Evening Standard
Rwanda Bill LIVE: Parliament showdown begins as Rishi Sunak says first flights to leave in 10 to 12 weeks
MPs have begun debating the Lords’ amendments and the parliamentary back-and-forth is set to go on late into evening
- Reuters
Russia warns Europe: if you take our assets, we have a response that will hurt
An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to retaliate if nearly $300 billion of Russian assets were seized by the West and used to help Ukraine. After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. The U.S. House of Representatives passed legislation on Saturday including a bill with a provision that would allow the confiscation of Russian sovereign assets, though the lion's share of the assets are in Europe.
- The Guardian
Harry Kewell’s redemption arc nears completion in Asian Champions League
Memories of an underwhelming start to his managerial career are fading as the Australian targets a continental final with Yokohama
- Reuters
Finnair swings to Q1 loss due to Finnish strikes
Finnair cut its full-year revenue guidance, saying it now expected revenue to grow at a slower pace than capacity in 2024 compared to previous outlook for a "somewhat slower pace". It also said it planned to increase its total capacity by about 10% in 2024, compared to earlier view of more than 10%.
- Evening Standard
London deli that counts Harry Styles and Paul McCartney as customers warns Brexit rules hitting business
Panzer's delicatessen in St John’s Wood has lost 37 suppliers from the European Union since Britain left the single market in 2021