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-
Nike co-founder gives $400m to Stanford
via bbc.co.uk
Nike co-founder Phil Knight has donated $400m to his former college Stanford University to help fund a scholarship programme for post-graduate students. -
US farm company invests in Ukraine exports
via bbc.co.uk
US agriculture firm, Cargill announced an investment in a Ukrainian port - a move that could turn the country into an exporting "superpower". -
Tax authority HMRC gets new bosses
via bbc.co.uk
John Thompson moves from the Ministry of Defence to become the new HMRC chief executive and Edward Troup becomes its executive chair. -
MPs say integrity unit lacks proper funding
LONDON (Reuters) - The Tennis Integrity Unit (TIU) set up to tackle the threat of match-fixing is under-funded and struggling to cope with a rise in the number of suspicious betting alerts, MPs said on Wednesday. -
Ex-'Top Gear' host Clarkson settles lawsuit with producer he hit
LONDON (Reuters) - Jeremy Clarkson, the former host of the BBC's hugely popular "Top Gear" motoring show, apologised and settled a lawsuit on Wednesday with the member of the production team he physically attacked in an incident which cost him his job. -
Backlash after Michael Gove says EU deal reversible
LONDON (Reuters) - Britain's deal on new terms for its membership in the European Union could be undone by the European Court of Justice despite support from all member states, according to Justice Secretary Michael Gove, a senior figure among those who want Britain to leave the bloc. -
Gang guilty of sex crimes in English town at centre of abuse scandal
LONDON (Reuters) - Five people were convicted on Wednesday of multiple sex crimes against young girls in Rotherham, the northern English town which hit the headlines two years ago when it was revealed that as many as 1,400 children had been abused by gangs. -
Cameron has edge over Boris Johnson in fight for EU swing vote - poll
LONDON (Reuters) - Prime Minister David Cameron, campaigning for Britain to stay in the European Union, has the edge over London Mayor Boris Johnson, the most popular figure in the "Out" camp, in trying to sway the key group of undecided voters, a new poll indicated. -
How Crude Price Influencing Market?
With another Array%+ drop in the markets following a positive opening, perhaps we may be able to turn the tables Wednesday. Not so fast more pressure on oil prices from Saudi Arabia appears to continue the cheap oil market -
Lloyds lawyer says 'no value left in HBOS' comment taken out of context
LONDON (Reuters) - A note jotted down by a senior director of Lloyds Banking Group during a 2008 board meeting saying there was "no value left in HBOS" ahead of an ill-fated takeover was taken out of context, a lawyer for Lloyds told a London court on Wednesday. -
VIDEO: 'I back Apple in not unlocking iPhone'
via bbc.co.uk
Pavel Durov, the founder of the secure messaging app Telegram, says he backs Apple in resisting helping US authorities unlock an iPhone belonging to one of the San Bernardino killers. -
South Africa's economy 'in crisis'
via bbc.co.uk
South Africa's finance minister cuts growth forecast and says there is "no doubt the country is in crisis" ahead of his 2016 Budget speech. -
Huge damages award in talc cancer case
via bbc.co.uk
A US jury orders Johnson & Johnson to pay $72m (£51m) to the family of a woman who claimed her death was linked to use of the company's Baby Powder talc. -
Is Oil Pushing Down The Economy, Or The Other Way Around?
By David Louton Conventional wisdom has long held that when oil prices drop, consumers experience an increase in discretionary income while corporations experience a boost in profit margins. At the same time, companies in the consumer discretionary sector get a boost in sales volume as consumers spend more on -
Workers' pensions 'could be at risk'
via bbc.co.uk
Thousands of workers who have been encouraged by the government to take out pension plans could be at risk of losing their savings, the industry regulator tells the BBC. -
HSBC says Brexit could knock 20 percent off sterling, 1.5pp off UK GDP growth
LONDON (Reuters) - Sterling could lose up to 20 percent of its value and UK economic growth could be up to 1.5 percentage points lower next year if Britons vote to leave the European Union in the June 23 referendum, HSBC said on Wednesday. -
Asia tops priciest office rent survey
via bbc.co.uk
Asian cities command half of the world's top ten most expensive office space, according to a new survey by property firm JLL. -
Are billionaires more likely to be graduates?
via bbc.co.uk
Are billionaires more likely to be graduates or drop outs? -
UK mortgage approvals rise near two-year highs ahead of buy-to-let tax - British Bankers Association
LONDON (Reuters) - British banks approved the highest number of mortgages in almost two years in January as some investors sought to snap up properties before a tax on buy-to-let properties due in April, industry figures showed on Wednesday. -
Banks report new year buy-to-let rush
via bbc.co.uk
Major banks have provided more evidence of a burst of activity in the UK mortgage market by landlords keen to avoid a stamp duty rise. -
Aston Martin creates 750 jobs in Wales
via bbc.co.uk
Aston Martin will manufacture its new DBX model in south Wales, creating 750 highly skilled jobs. -
Claims firms take 25% of PPI payouts
via bbc.co.uk
Claims management firms have taken almost a quarter of the £22.2bn paid out for payment protection insurance (PPI) compensation. -
Nurofen TV advert withdrawn by makers
via bbc.co.uk
A TV advert for Nurofen Express has been withdrawn by makers Reckitt Benckiser after complaints it was misleading. -
Woodford: Brexit won't hurt UK economy
via bbc.co.uk
Leaving the EU would not necessarily damage the UK economy, fund manager Neil Woodford has reiterated. -
FIFA candidate Salman denies MP's allegations
ZURICH (Reuters) - British Member of Parliament Damian Collins used parliamentary privilege on Tuesday to accuse FIFA presidential candidate Sheikh Salman Bin Ebrahim Al Khalifa of taking development project funds to finance an election bid. -
VIDEO: Coping with change, South Korean style
via bbc.co.uk
South Korean companies are working out how to deal with the closure of the Kaesong industrial zone in the North. -
Tougher laws hit medical marijuana industry
via bbc.co.uk
Will new laws force medical marijuana shops in US to shut? -
Doctors warn of demand for 'vaginal seeding' despite thin evidence
LONDON (Reuters) - British doctors say more parents are requesting so-called "vaginal seeding", when a swab from the mother's vagina is wiped into a newborn's mouth after caesarean-section birth, despite a lack of evidence for its medical benefits.
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