US avoids debt default as borrowing bill passes

US avoids debt default as borrowing bill passes

The quick action in the Senate on the debt contrasts with the lengthy showdowns last year and in 2012, when Republicans tried to use the critically necessary measure as leverage to win concessions from Obama. The relatively smooth passage comes as most members of Congress face elections in November. Republicans have been less confrontational after…

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Google doubles its payment of foreign tax

Google doubles its payment of foreign tax

The internet giant paid $771 million (£463.4 million) in non-US corporation tax on foreign profits of $8.67 billion — equivalent to a rate of 8.9%, which is low compared to typical UK companies. However, that was more than double a year earlier when Google paid  $358 million in overseas tax or 4.4% on profits of…

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A flush is valued above finishes

A flush is valued above finishes

This may seem obvious to anyone with a noxious loo. But it is not obvious to developers. “They need to think more about the management of the building and not just the marble in the lifts,” says King, innocent of the fact that £3000 per square metre is being spent on the finishes in the…

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Late night entertainment zone ‘Raw’ to feature fresh faces and formats

Amongst the programming ordered by London Live’s Commissioning Executive Derren Lawford is multicultural sitcom ‘The T-Boy Show’. Acquired from MTA Productions, the comedy series will star YouTuber Don’t Jealous Me (Tolulope Ogunmefun), from the award-winning sitcom ‘Meet The Adebanjos’. It will follow the culture-clashing exploits of T-Boy (Tolu), a rich Nigerian boy who comes to…

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Wildlife meeting calls for end to ivory stockpiles

Wildlife meeting calls for end to ivory stockpiles

LONDON — Representatives of world governments meeting in London vowed Thursday to put stockpiles of ivory “beyond use” and extend a ban on its trade in a bid to save African elephants from extinction. British Foreign Secretary William Hague told the conference that wildlife poaching was a global criminal industry that ranks with drugs, the…

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    Bank of England governor says EU has helped UK economy – BBC News

    BBC News Bank of England governor says EU has helped UK economyBBC NewsThe governor of the Bank of England has said that Britain's membership of the EU has re-inforced the "dynamism of the UK economy". In a letter to the Treasury Committee, Mark Carney said that the relationship had helped the UK to grow. He…

  • 9:39 am

    Markets fall after ‘terrible’ slump in Chinese exports – business live – The Guardian

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  • 4:35 am

    Arise!

    Release Date: Monday 7th March 2016. A feature length, observational documentary covering 5 years with the female garment workers at the grass roots of the industry in Bangladesh. From 2010, when organising as workers was illegal, through the tragedies of Tazreen and Rana Plaza and up to the present day, the women of Bangladesh mobilise…

  • 9:43 pm

    IS planning ‘enormous and spectacular attacks’, UK counter-terrorism chief warns – Asian Image

    The Sun IS planning 'enormous and spectacular attacks', UK counter-terrorism chief warnsAsian ImageThe UK is facing the threat of "enormous and spectacular attacks" by Islamic State (IS) as the extremist group aims to wage war on Western lifestyles, the national head of counter-terrorism has warned. Metropolitan Police Assistant Commissioner Mark …Isis planning 'enormous' attacks: Counter-terrorism…

  • 8:29 pm

    Maria Sharapova Announces Failed Doping Test – New York Times

    New York Times Maria Sharapova Announces Failed Doping TestNew York TimesMaria Sharapova said Monday that she had been notified by the International Tennis Federation that she tested positive for a banned substance at the Australian Open in January. She said she had been taking Mildronate since 2006. Mildronate is also …Maria Sharapova announces she failed…

  • 7:27 pm

    Art Galleries Face Pressure to Fund Museum Shows – New York Times

    New York Times Art Galleries Face Pressure to Fund Museum ShowsNew York TimesIn today's exploding art market, amid diminishing corporate donations and mounting exhibition costs, nonprofit museums have been leaning more heavily on commercial galleries for larger amounts of money — anywhere from $ 5,000 to $ 200,000 each time …Art life: Tough enough to succeed,…