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Mortgage prisoners’ given help by City regulator

March 26, 2019

A change of rules aimed at helping lower the housing costs of thousands of so-called “mortgage prisoners” has been proposed by the City watchdog. Some 150,000 homeowners are stuck on high interest-rate home loans with unregulated or inactive firms, and are unable to switch to a cheaper deal. The Financial Conduct Authority has proposed loosening […]

Huge fossil discovery made in China’s Hubei province

Scientists say they have discovered a “stunning” trove of thousands of fossils on a river bank in China. The fossils are estimated to be about 518 million years old, and are particularly unusual because the soft body tissue of many creatures, including their skin, eyes, and internal organs, have been “exquisitely” well preserved. Palaeontologists have […]

Mission Jurassic’ dinosaur hunt to get under way

British scientists are about to undertake one of their biggest dinosaur hunts in decades. They are joining US and Dutch institutions in exploring what is expected to be a treasure trove of fossils in the “Badlands” of Wyoming. The US state has yielded some of the most famous specimens ever found, and the international group […]

European MPs vote to end summer time clock changes

The European Parliament has backed a proposal to stop the obligatory one-hour clock change which extends daylight hours in summer EU-wide. The proposal would give each member state a choice¬†from 2021: either to keep the current summer time system or scrap the twice-yearly clock changes. Ministers will also have a say on this. Under an […]

Royal Albert Hall singer asked to change ‘pro-EU’ dress

An opera singer was asked to change her EU flag themed dress for a concert at London’s Royal Albert Hall. British soprano Anna Patalong sang in six performances of the Classical Spectacular concert from 21 to 24 March. On Saturday, Patalong wore a sash and necklace featuring EU stars. The show’s producer, Raymond Gubbay Ltd, […]

Uber buys Middle Eastern rival Careem for $3.1bn

Ride-sharing firm Uber has announced it is buying Dubai-based rival Careem for $3.1bn (¬£2.3bn). Careem was established in 2012, and operates in 15 countries across the Middle East, Africa and Asia. The firm will continue to operate under its own brand as a subsidiary of Uber. “This is an important moment for Uber as we […]

Airbus secures multi-billion dollar jet order from China

Airbus has secured an order from China for 300 jets, in a deal estimated to be worth tens of billions of dollars. An agreement to purchase A320 and A350 XWB aircraft was signed during a visit by Chinese President Xi Jinping to Paris. The order is part of a package of deals signed during Mr […]

Michelle Obama’s memoir Becoming sells 10 million copies

Michelle Obama’s memoir is on course to become the most popular autobiography to date, according to its publisher. Becoming, first published just five months ago, has already sold more than 10 million copies, Bertelsmann said. “We believe that these memoirs could well become the most successful memoir ever,” said Thomas Rabe, chief executive of the […]

World’s most expensive cities revealed

March 19, 2019

Paris has come top of a ranking of the world’s most expensive cities, alongside Hong Kong and Singapore. It’s the first time three cities have shared the top spot in the 30-year history of the annual Economist Intelligence Unit survey, which compares prices in 133 cities globally. The French capital – ranked second most expensive […]

Boeing expects 737 Max software fix by end of March

Boeing has told airlines it expects to have new software for its 737 Max plane ready by the end of the month. The plane has been grounded following the Ethiopian Airlines aircraft crash earlier this month. Documents seen by the BBC confirm that the software update will limit the operation of the controversial MCAS system. […]

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