The key to water security could be lurking in a New Mexico sewage farm
In Las Cruces, New Mexico, a pilot project is using heat-loving algae to clean wastewater and generate energy The sulphurous springs of Yellowstone national park are scalding, tainted with heavy metals and acidic enough to eat through clothing. But their murky depths are also home to an algae that scientists claim could one day help […]
Tony Abbott welcomes Bob Hawke's support for China free trade deal – video
Tony Abbott welcomes Bob Hawke’s approval of the free trade deal with China, which Abbott says means ‘there will be more jobs for Australians and more prosperity for all’. Speaking from the Northern Peninsula in Queensland, Abbott also urges Bill Shorten to follow Hawke’s lead and stop ‘dancing to the tune of the CFMEU’ Continue […]
Stock markets surge for second day running after Black Monday losses
Markets worldwide enjoy better fortunes as Chinese government buys shares to prop up prices and US Federal Reserve suggests it may defer interest rate rise Global stockmarkets surged for a second day yesterday, recovering most of the losses they suffered in Monday’s crash after the Chinese authorities bought shares to prop up prices and figures […]
Woolworths chairman Ralph Waters steps down despite $2.15bn profit
The supermarket giant’s full-year profit to 30 June was down 12.5% from the previous financial year The supermarket war engulfing Woolworths claimed another victim on Friday when company chairman Ralph Waters stepped down after the chain announced a 12.5% slide in its full-year profit. Amid intense competition from Coles and German retailer Aldi, Woolworths made […]
UK services sector bounces back after weak start to 2015, CBI data shows
Business and professional services firms report best ever quarter by value, while those in consumer services report best since May 2014 The best performance in 17 years from companies in areas such as accountancy, law and marketing have helped Britain’s dominant services sector bounce back after a weak start to the year, according to the […]
Tony Abbott says Labor 'should listen to Bob Hawke' over China trade deal
After the former prime minister voices his support for the deal, federal ministers ramp up the pressure on opposition to support controversial pact Tony Abbott has stepped up the federal government’s campaign against Labor over opposition to the free trade deal with China after the former prime minister Bob Hawke voiced his support for the […]
US markets close higher for second day as global economy shakes off losses
All main major US markets post gains at closing bell for second strong day as focus shifts to upcoming Federal Reserve meeting on raising interest rates Most of the world’s stock markets had recovered from days of losses on Thursday, shaking off concerns about the health of the Chinese economy. All of the main major […]
Philip Clarke to be interviewed by fraud office over Tesco accounting scandal
Former Tesco chief executive will be questioned as part of SFO’s investigation into retailer’s £263m profit black hole Former Tesco chief executive Philip Clarke is set to be questioned by the Serious Fraud Office as it nears the conclusion of an investigation into a multi-million-pound accounting scandal at the retailer. Clarke, who left Tesco in […]
Subway's silence over the Fogle fiasco leaves a bad taste
The sandwich chain has a chance to show customers the integrity behind its obesity campaign was real, even if the pitchman turned out to be a fraud Jared Fogle, Subway’s lead pitchman for 15 years, may be on his way to prison, and the restaurant chain is losing a cornerstone of its enormously successful brand […]
Are We Really Reducing the UK's Carbon Footprint?
Blog by Dr Stephen Allen In the UK, we appear to have significantly reduced our impact on the climate since 1990, with our reported annual greenhouse gas emissions falling by 25% (2012). But this isn’t a complete picture of our contribution to climate change, because it ignores the embodied carbon of all the stuff we import. When […]