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Asian shares mixed as China reports economy slowed in 2Q

Bangkok, July 15 : Shares were mixed in Asia on Monday, with gains in Chinese markets on hopes for fresh stimulus measures after the government reported that the economy grew at the slowest pace in a decade in the last quarter. Analysts said the 6.2% annual rate of growth reported for April-June suggests the trade war between the U.S. and ...

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Chevron spills 800,000 gallons of oil, water in California

Officials began to clean up a massive oil spill Friday that dumped nearly 800,000 gallons of oil and water into a California canyon, making it larger — if less devastating — than the state’s last two major oil spills. The newly revealed spill has been flowing off and on since May and has again stopped, Chevron spokeswoman Veronica Flores-Paniagua said. ...

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Head of Boeing’s 737 MAX program to retire: Company

The head of Boeing’s embattled 737 MAX program plans to retire, the company said, just as it gears up to persuade regulators to return the plane to the skies after two deadly crashes. It was the most high profile departure of a senior executive since the aircraft was grounded in mid-March following two crashes that claimed 346 lives. Eric Lindblad, ...

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Prominent British Asians show their support for Barnardo’s at Annual Parliamentary Reception

  Barnardo’s report, ‘Overcoming Poverty of Hope’, reveals BAME young people’s concerns about the Economy, Jobs and Education Celebrities Armeena Khan, Sonali Shah and Anila Chowdhry gave their support to the UK’s longest running children’s charity Barnardo’s at the charity’s Annual Parliamentary Reception on Monday 8th July. Other prominent British Asians at the event at the House of Commons, Terrace Pavilion included actors Priyanga Burford and Meryl Fernandes; as well as lifestyle blogger Rumena Begum. They were joined by further celebrities ...

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Thailand’s cooling car sales may shift economy into lower gear

Efforts by Thailand’s central bank to talk down a spike in auto loans amid wider concerns about household debt have sent a chill across the country’s car dealers, which are struggling to source finance for new customers. Although the Bank of Thailand (BOT) has taken no policy action yet, analysts say the mere prospect of car loan curbs has been ...

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New Barnardo’s President Natasha Kaplinsky and celebs praise charity for vital work  

09 July 2019:   Barnardo’s new President Natasha Kaplinsky OBE praised Barnardo’s for highlighting the hopes and fears of young people in a special report launched by the charity at yesterday’s Parliamentary reception. Natasha Kaplinsky and children from Barnardo’s Wellbeing Hub The newsreader, presenter and journalist gave her first speech as President at the charity’s Annual Parliamentary Reception yesterday (Monday), ...

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UK economy probably shrank for first time in seven years

The UK economy probably shrank for the first time since 2012 in the second quarter, according to Bloomberg’s latest survey of economists. The prediction for a 0.1% contraction marks a downgrade from June, when economists only predicted stagnation. The survey came as retail industry reported another drop in sales and said “the picture is bleak.”Second Quarter Slowdown Economists predict the ...

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British Airways faces record £183m fine for data breach

British Airways is facing a record fine of £183m for last year’s breach of its security systems. The airline, owned by IAG, says it is “surprised and disappointed” by the penalty from the Information Commissioner’s Office (ICO). At the time, BA said hackers had carried out a “sophisticated, malicious criminal attack” on its website.The ICO said it was the biggest ...

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UK recession fears mount amid Brexit and global slowdown

Photo: In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. London, Jul 3 : The British economy appears to be showing signs of falling into recession as uncertainty over Brexit combines with a less benign global ...

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