- Malaysia to resume hunt for Flight MH370, 10 years after it vanished
- King Charles’ cancer treatment progressing well, will continue next year
- UK consumers cautiously shop more after pre-budget slump
- Amazon workers strike at seven US facilities ahead of Christmas rush
- Honda-Nissan merger talks expose existential threat of Chinese EVs to Japan
- UK water bills to rise by 36% to help fix broken sector
- Bank of England to keep rates steady as price pressures linger
- ARGENTINE PRESIDENT DEMANDS PROMPT RELEASE OF OFFICER DETAINED IN VENEZUELA
Author: LoveWorld UK
Malaysia has agreed to resume the search for the wreckage of missing Malaysia Airlines Flight MH370, its transport minister said on Friday, more than 10 years after it disappeared in one of the world’s greatest aviation mysteries. Flight MH370, a Boeing 777 carrying 227 passengers and 12 crew, vanished en route from Kuala Lumpur to Beijing on March 8, 2014. “Our responsibility and obligation and commitment is to the next of kin,” Transport Minister Anthony Loke told a press conference. “We hope this time will be positive, that the wreckage will be found and give closure to the families.” Jiang Hui,…
King Charles’ cancer treatment is progressing well and will continue into next year, a Buckingham Palace source said on Friday. In February, the palace revealed the 76-year-old, who became king in 2022, had been diagnosed with an unspecified form of cancer detected in tests after a corrective procedure for an enlarged prostate. He returned to public duties in April. “His treatment has been moving in a positive direction and as a managed condition the treatment cycle will continue into next year,” the palace source said. Charles’ medical team has carefully monitored the monarch’s official engagements since he returned to public life. The palace source…
British retail sales rose by a weaker-than-expected 0.2% in November, according to official data which suggested consumers had overcome their worries about the new government’s first budget but added to signs of only slow momentum in the economy. A Reuters poll of economists had forecast a monthly increase of 0.5% in sales volumes after a drop of 0.7% in October in the run-up to finance minister Rachel Reeves’ tax and spending plan. The monthly rise in sales was the first since August. But over the three months to November, volumes were up by only 0.3%, the weakest performance since the…
Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union. Warehouse workers in cities including New York, Atlanta and San Francisco are taking part in the “largest” strike against Amazon, said the International Brotherhood of Teamsters, which represents about 10,000 workers at 10 of the firm’s facilities. The company, however, said it does not expect any effect on its operations during one of the busiest times of the year. Unions represent only about 1% of the workforce of Amazon, one of…
Some unions are born of necessity, others from convenience. In the case of Honda (7267.T), opens new tab and Nissan’s (7201.T), opens new tab potential merger, it is mostly defensive as Chinese rivals take the world by storm. While the challenge from China’s seemingly boundless EV expertise looms large for all traditional automakers, for Japan it represents a threat to the vast car-manufacturing supply chain that has been the country’s economic engine for years. Honda, Japan’s second-largest car company, and Nissan, its third-largest, are in talks to deepen ties, including the possibility of setting up a holding company, two people familiar with the matter said…
Britain’s water regulator said it would allow bills to rise by just over a third in the next five years to fund a higher level of investment than originally planned, with the aim of fixing the country’s broken water sector. The average increase of 36% before inflation, equivalent to a 31 pound ($39.18) a year increase over five years, compares to the 44% average requested by companies and the 21% the regulator had proposed in July. The pumping of raw sewage into rivers and seas has become a major scandal in Britain, with privatised water companies accused of prioritising dividends…
The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a “gradual” approach towards cutting borrowing costs. All 71 economists polled by Reuters said rates would stay unchanged for now. Most expect a quarter-point cut only on Feb. 6 after its next meeting, followed by three more cuts by the end of 2025. Financial markets are much less certain about the extent of rate cuts next year, following data on Tuesday that showed an unexpected acceleration of wage growth. Investors late on Wednesday priced in…
ARGENTINE PRESIDENT DEMANDS PROMPT RELEASE OF OFFICER DETAINED IN VENEZUELA Argentine President Javier Mileihaa demanded the immediate release of Nahuel Gallo, an Argentine gendarme detained in Venezuela, during a speech at the National Military College. Gallo was arrested on December 8 while attempting to visit family in Venezuela, after crossing the Colombian border. Milei accused Venezuelan security forces of unlawfully detaining Gallo and he vowed to pursue all diplomatic channels to ensure the gendarme’s safe return to Argentina.
VINICIUS JR AND AITANA BONMATI WIN FIFA THE BEST PLAYER AWARDS – Carlo Ancelotti and Emma Hayes win coaching prizes. Brazil and Real Madrid forward Vinicius Jr was named FIFA men’s player of the year in Doha on Tuesday (December 17), with Spain and Barcelona midfielder Aitana Bonmati winning the women’s award for the second year in a row. Vinicius scored 24 goals in 39 appearances across all competitions to help Real Madrid clinch the LaLiga and Champions League double, and he also netted in their Champions League final win over Borussia Dortmund. The Brazilian won the award ahead of…
DAMASCUS AIRPORT REOPENS FOR DOMESTIC FLIGHTS- The New Syrian flag is hoisted on the rooftop of the airport. Damascus International Airport reopened today for the first time since Syria’s President Bashar al-Assad was ousted by insurgent forces led by the Islamist Hayat Tahrir al-Sham (HTS). The planes were prepared for take-off by airport staff as the new Syrian flag waved on the rooftop of the airport building. The first domestic flight departed from Damascus International Airport, bound for Aleppo. The opening comes as the United Nations envoy told the Security Council the country needs to receive the economic support it…
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