News archive from 31 July 2013

Facebook stock almost hits IPO price, 14 months after rocky debut

The stock has surged more than 40 percent in the past week after the company reported blowout quarterly results, putting to rest investor concerts about its long-term business prospects. Shares of Facebook climbed as much as 7 percent to $37.96 in...

Reuters, 00:07 in Business
 
UK completes digital switchover for 4G mobile networks

UK completes digital switchover for 4G mobile networks

The UK's digital switchover is set to be completed later this Wednesday, five months ahead of the original deadline. Engineers are expected to sign off on work in the north-east of Scotland and the Western Isles, paving the way for more 4G super-fast...

 
Police Concerned About Three Missing Sisters

Police Concerned About Three Missing Sisters

Police are "very concerned" for the safety of three sisters who went missing from a day centre in London on Tuesday. The girls have been named as Shaventelle Downer, five, and identical twins Shania and Shamina Rose, aged 12. They went...

 

Woman dead, girl hurt in stab spree

A teenage girl was stabbed in the head and hands as she tried to save her sister from a fatal knife attack, police have said. The 17-year-old is in a serious condition in hospital and her 28-year-old sister died after they were attacked at a flat in...

 

22 law firms on hacking-link list

A total of 22 law firms feature on a list of organisations and individuals linked to rogue private investigators, MPs have revealed. Legal firms feature most heavily on a list of 102 names passed to the Home Affairs Select Committee by the Serious...

 

Woman dead, girl hurt in stab spree

A teenage girl was stabbed in the head and hands as she tried to save her sister from a fatal knife attack, police have said. The 17-year-old is in a serious condition in hospital and her 28-year-old sister died after they were attacked at a flat in...

 

Crackdown on whiplash claims urged

Insurers must "get their house in order" and end practices which encourage fraud and exaggeration in vehicle whiplash injury claims, a report by MPs has said. Ministers should consider reducing the limitation period for road accident...

 

Meeting to decide on strike ballot

Postal workers' leaders will join a special two-day conference to decide whether to hold a national strike ballot over jobs, pensions and other issues linked to Royal Mail privatisation. Around 500 Communication Workers Union (CWU) representatives...

 
Car insurers 'encourage fraud and exaggeration' say MPs

Car insurers 'encourage fraud and exaggeration' say MPs

A group of MPs has accused the motor insurance industry of encouraging fraud and exaggeration in accident claims. MPs on the Transport Select Committee said insurers must immediately "put their house in order". The criticism came in their...

BBC, 00:13 in Business
 
Diamonds lose their sparkle, as women choose colour

Diamonds lose their sparkle, as women choose colour

Over the past eight years, the price of rubies and sapphires appears to have increased faster than that of diamonds. Coloured stones are, of course, much more affordable than their pricier, harder, relatives. And millions more people, especially in...

BBC, 00:13 in Business
 
Aberdeen's central role in the North Sea oil industry

Aberdeen's central role in the North Sea oil industry

The world of oil is distant, difficult and far flung. In Kazakhstan a few years ago, I journeyed laboriously to the shrunken Aral Sea to look at a contentious new energy producing area. One of the firms I visited was the local branch of the Wood...

BBC, 00:13 in Business
 

Draghi says wants ECB minutes published - paper

Unlike the other major central banks, the ECB keeps the minutes of its policy meetings secret and locked up for 30 years. Some ECB policymakers fear that publishing minutes could open them up to political pressure from national governments. It's not...

Reuters, 00:13 in Business
 

Woman dead, girl hurt in stab spree

A teenage girl was stabbed in the head and hands as she tried to save her sister from a fatal knife attack, police have said. The 17-year-old is in a serious condition in hospital and her 28-year-old sister died after they were attacked at a flat in...

 

22 law firms on hacking-link list

A total of 22 law firms feature on a list of organisations and individuals linked to rogue private investigators, MPs have revealed. Legal firms feature most heavily on a list of 102 names passed to the Home Affairs Select Committee by the Serious...

 

Crackdown on whiplash claims urged

Insurers must "get their house in order" and end practices which encourage fraud and exaggeration in vehicle whiplash injury claims, a report by MPs has said. Ministers should consider reducing the limitation period for road accident...

 


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