Scientist swims with world's largest sharks – video
Video from Conservation International shows a marine scientist swimming with whale sharks in Cenderawasih Bay National Marine Park in Indonesia. Whale sharks were first identified in the 19th century by Dr Andrew Smith and are the largest known breed of shark Continue reading… Source: Guardian Environment
Revenue & Customs 'winding down' inquiries into HSBC Swiss tax evaders
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat HM Revenue and Customs (HMRC) is winding down its inquiries into hundreds of British customers who used HSBC’s Swiss bank to evade tax, a senior official has admitted. The tax authority reopened its investigation into […]
Former Secret Millionaire leads takeover of Morrisons' convenience stores
Mike Greene is heading £25m takeover of 140 of supermarket’s M Local shops, backed by Greybull Capital – best-known for investing in Comet chain A former bankrupt who later built a consultancy business and went on to appear on Channel 4’s The Secret Millionaire is to acquire Morrisons’ struggling portfolio of convenience stores, backed by […]
Google-backed San Francisco nonprofit offers showers for the homeless
After winning Google’s 2014 Bay Area Impact Challenge, Lava Mae provides free bathrooms and showers in decommissioned buses to San Francisco’s homeless As San Francisco’s tech bubble continues to grow, so too does the city’s homeless population. Half of the city’s homeless say they lost their housing due to tech workers driving up rental prices. […]
Tackle climate change or face resource wars, Lord Ashdown warns
Refugee crisis is a ‘rehearsal’ for a vast humanitarian disaster that will soon unfold if we fail to act on global warming, former Lib Dem leader tells Climate News Network The former leader of one of the UK’s main political parties says the world will undergo more resource wars and huge movements of desperate people […]
Asian and European stock markets rally on stimulus hopes – live updates
Japan’s Nikkei surges by 7.7%, its biggest gain since 2008 after China pledges new spending measure to support growth Summary: Stimulus hopes boost markets UK manufacturing output weakens Introduction: Nikkei surges as Abe pledges tax cuts China plans new fiscal measures World Bank to Fed: Don’t raise rates now 5.04pm BST Over in New York, […]
Heavy flooding in Sicily submerges cars – video
Flash floods in eastern Sicily, caused by a Mediterranean cyclone, causes heavy flooding in towns and cities across the island. Cars were submerged and many roads and streets closed off in completely in the city of Messina as flood water rushed through. The bad weather in the region is likely to continue in the next […]
Global recession in next two years is 'most likely' scenario, says economist
Willem Buiter, chief economist at Citi and former Bank of England policymaker, warns China’s woes are set to spread A “hard landing” for China is likely to plunge the world economy into recession in the next two years, Willem Buiter, chief global economist at Citigroup and a former Bank of England policymaker, has said. As […]
Israel’s Knesset wants to be the greenest parliament in the world
More ambitious than the green parliaments of Berlin or Canberra, Israel is leading the way – although we’re still waiting to hear what their UN climate pledge is, reports Le Monde The Knesset is an imposing rectangular building standing at the top of a hill from where it looms over one side of Jerusalem. Despite […]
Sports Direct investors revolt against chairman and pay policy
More than half of shareholders at AGM vote against company’s pay policy regarding its staff, making founder Mike Ashley get involved to pass resolutions Sports Direct has been given a bloody nose by shareholders over pay and the future of its chairman, at a stormy annual meeting. More than half of the company’s independent shareholders […]