Germany to Arm Kurds Battling ISIS

Chancellor Angela Merkel and top ministers decided Sunday to deliver thousands of machine guns, as well as antitank missiles and armored vehicles to Kurdish forces battling ISIS in northern Iraq.



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Germany to Arm Kurds Battling ISIS

Chancellor Angela Merkel and top ministers decided Sunday to deliver thousands of machine guns, as well as antitank missiles and armored vehicles to Kurdish forces battling ISIS in northern Iraq.



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Transfer deadline day: Radamel Falcao, Daley Blind and Danny Welbeck moves live!

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Transfer deadline day: Radamel Falcao, Daley Blind and Danny Welbeck moves live!

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Transfer deadline day: Radamel Falcao, Daley Blind and Danny Welbeck moves live!

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Southampton complete deals for Sadio Mané and Toby Alderweireld

Mané signs four-year deal from Red Bull Salzburg for £10m
Alderweireld joins on season-long loan from Atlético Madrid
Falcao set to sign for Manchester United in £6m loan deal
West Ham seal late signing of Morgan Amalfitano Continue reading…

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Southampton complete deals for Sadio Mané and Toby Alderweireld

Mané signs four-year deal from Red Bull Salzburg for £10m
Alderweireld joins on season-long loan from Atlético Madrid
Falcao set to sign for Manchester United in £6m loan deal
West Ham seal late signing of Morgan Amalfitano Continue reading…

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Southampton complete deals for Sadio Mané and Toby Alderweireld

Mané signs four-year deal from Red Bull Salzburg for £10m
Alderweireld joins on season-long loan from Atlético Madrid
Falcao set to sign for Manchester United in £6m loan deal
West Ham seal late signing of Morgan Amalfitano Continue reading…

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Ukraine in ‘great war’ with Russia

Russia has launched a ‘great war’ that could claim tens of thousands of lives, Ukraine’s defence ministry warns amid rebel offensive.

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Fast food workers plan biggest US strike to date over minimum wage

Workers from McDonalds, Burger King and other chains to hold walkout protest on Thursday as battle to unionise escalates

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Fast food workers plan biggest US strike to date over minimum wage

Workers from McDonalds, Burger King and other chains to hold walkout protest on Thursday as battle to unionise escalates

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West Ham seal late signing of the France midfielder Morgan Amalfitano

Player has joined from Marseille for undisclosed fee
He was on loan at West Bromwich Albion last season Continue reading…

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West Ham seal late signing of the France midfielder Morgan Amalfitano

Player has joined from Marseille for undisclosed fee
He was on loan at West Bromwich Albion last season Continue reading…

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West Ham seal late signing of the France midfielder Morgan Amalfitano

Player has joined from Marseille for undisclosed fee
He was on loan at West Bromwich Albion last season Continue reading…

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Ángel di María | The Gallery

This week’s winner is Daniel McGarry, who gets a copy of Fergie Rises. Get in touch to claim your prize. Next, we’d like to see your takes on the Leeds United supremo Massimo Cellino. Send your efforts to gallery@theguardian.com by noon on Monday 8 September as a jpeg or gif, complete with a CAPTION. Anyone who forgets will have to explain to Estaban Cambiasso who Gary Taylor-Fletcher is Continue reading…

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Ángel di María | The Gallery

This week’s winner is Daniel McGarry, who gets a copy of Fergie Rises. Get in touch to claim your prize. Next, we’d like to see your takes on the Leeds United supremo Massimo Cellino. Send your efforts to gallery@theguardian.com by noon on Monday 8 September as a jpeg or gif, complete with a CAPTION. Anyone who forgets will have to explain to Estaban Cambiasso who Gary Taylor-Fletcher is Continue reading…

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Ángel di María | The Gallery

This week’s winner is Daniel McGarry, who gets a copy of Fergie Rises. Get in touch to claim your prize. Next, we’d like to see your takes on the Leeds United supremo Massimo Cellino. Send your efforts to gallery@theguardian.com by noon on Monday 8 September as a jpeg or gif, complete with a CAPTION. Anyone who forgets will have to explain to Estaban Cambiasso who Gary Taylor-Fletcher is Continue reading…

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Hospitals seeing more skin cancer

The number of people admitted to hospital for skin cancer treatment in England rose by nearly a third in five years, figures show.

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Ashya Kings parents remanded in custody as judge considers extradition

Couple who removed son with brain tumour from Southampton hospital tell Spanish court they do not want to be extradited

The parents of Ashya King, who removed the five-year-old cancer patient from a Southampton hospital during treatment for a brain tumour, are being held in separate Spanish prisons after refusing to be extradited back to Britain.

Brett King and his wife, Naghmeh, can be held for a maximum of 72 hours as a Madrid judge considers whether to grant an extradition request, while their seriously ill son is being cared for at a childrens hospital in Málaga, where his condition is said to be stable.

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Ashya Kings parents remanded in custody as judge considers extradition

Couple who removed son with brain tumour from Southampton hospital tell Spanish court they do not want to be extradited

The parents of Ashya King, who removed the five-year-old cancer patient from a Southampton hospital during treatment for a brain tumour, are being held in separate Spanish prisons after refusing to be extradited back to Britain.

Brett King and his wife, Naghmeh, can be held for a maximum of 72 hours as a Madrid judge considers whether to grant an extradition request, while their seriously ill son is being cared for at a childrens hospital in Málaga, where his condition is said to be stable.

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Iraq forces push against jihadists

Iraqi Shia and Kurdish forces capture an Islamic State stronghold, as a BBC team enters Amerli the day after a two-month siege ends.

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Djokovic and Williams Advance at U.S. Open; Bouchard Loses

Serena Williams reached the quarterfinals at a major for the first time this year, but Eugenie Bouchard was upset. Novak Djokovic won and will play Andy Murray.



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Djokovic and Williams Advance at U.S. Open; Bouchard Loses

Serena Williams reached the quarterfinals at a major for the first time this year, but Eugenie Bouchard was upset. Novak Djokovic won and will play Andy Murray.



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Djokovic and Williams Advance at U.S. Open; Bouchard Loses

Serena Williams reached the quarterfinals at a major for the first time this year, but Eugenie Bouchard was upset. Novak Djokovic won and will play Andy Murray.



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Yankees’ Chase Headley Completes His Quest for a Hit in Every Ballpark

Even though he played all but the last six weeks in the National League, Yankees third baseman Chase Headley has managed to record at least one hit in all 30 current major league stadiums.

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Yankees’ Chase Headley Completes His Quest for a Hit in Every Ballpark

Even though he played all but the last six weeks in the National League, Yankees third baseman Chase Headley has managed to record at least one hit in all 30 current major league stadiums.

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Yankees’ Chase Headley Completes His Quest for a Hit in Every Ballpark

Even though he played all but the last six weeks in the National League, Yankees third baseman Chase Headley has managed to record at least one hit in all 30 current major league stadiums.

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Home Office worker investigating Rotherham child abuse ‘had data stolen’

Local council took data from office, accused me of insensitivity and tried to sack me, researcher claims on Panorama

A Home Office official who investigated the sexual exploitation of children in Rotherham accused the council of being involved in the unauthorised removal of information from her office.

Her report in 2002 suggested there were then more than 270 victims of the scandal, which was finally exposed last week with revelations that at least 1,400 children were abused from 1997 to 2013.

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Home Office worker investigating Rotherham child abuse ‘had data stolen’

Local council took data from office, accused me of insensitivity and tried to sack me, researcher claims on Panorama

A Home Office official who investigated the sexual exploitation of children in Rotherham accused the council of being involved in the unauthorised removal of information from her office.

Her report in 2002 suggested there were then more than 270 victims of the scandal, which was finally exposed last week with revelations that at least 1,400 children were abused from 1997 to 2013.

Continue reading…

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Harry Redknapp reunited with Sandro and Niko Kranjcar at QPR

Sandro joins from Tottenham for a fee that could reach £10m
Attempts to sign a striker fail to bring reward for Rangers Continue reading…

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Harry Redknapp reunited with Sandro and Niko Kranjcar at QPR

Sandro joins from Tottenham for a fee that could reach £10m
Attempts to sign a striker fail to bring reward for Rangers Continue reading…

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Harry Redknapp reunited with Sandro and Niko Kranjcar at QPR

Sandro joins from Tottenham for a fee that could reach £10m
Attempts to sign a striker fail to bring reward for Rangers Continue reading…

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Marlins 9, Mets 6: Six Errors Cost the Mets in a Loss to the Marlins

The Marlins took advantage of two throwing errors and a wild pitch in the eighth inning by reliever Jeurys Familia to earn a 9-6 victory at home.



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Marlins 9, Mets 6: Six Errors Cost the Mets in a Loss to the Marlins

The Marlins took advantage of two throwing errors and a wild pitch in the eighth inning by reliever Jeurys Familia to earn a 9-6 victory at home.



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Marlins 9, Mets 6: Six Errors Cost the Mets in a Loss to the Marlins

The Marlins took advantage of two throwing errors and a wild pitch in the eighth inning by reliever Jeurys Familia to earn a 9-6 victory at home.



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Stoke City agree to take Liverpools Oussama Assaidi on loan again

Late deal agreed after serious knee injury to Peter Odemwingie
Winger has already spent one season on loan at Britannia Continue reading…

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Stoke City agree to take Liverpools Oussama Assaidi on loan again

Late deal agreed after serious knee injury to Peter Odemwingie
Winger has already spent one season on loan at Britannia Continue reading…

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Stoke City agree to take Liverpools Oussama Assaidi on loan again

Late deal agreed after serious knee injury to Peter Odemwingie
Winger has already spent one season on loan at Britannia Continue reading…

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Manchester United signings suggest little faith in youth policy

Louis van Gaals purchases signal he doesnt believe that the current crop of young, in-house players are good enough Continue reading…

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Manchester United signings suggest little faith in youth policy

Louis van Gaals purchases signal he doesnt believe that the current crop of young, in-house players are good enough Continue reading…

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Manchester United signings suggest little faith in youth policy

Louis van Gaals purchases signal he doesnt believe that the current crop of young, in-house players are good enough Continue reading…

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Itineraries: Upgrades, and Higher Prices, for Airport Hotels

Itineraries: Upgrades, and Higher Prices, for Airport HotelsWith occupancy rates increasing, many airport hotels are investing in renovations to their rooms, lobbies and meeting space — and raising their prices.



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Itineraries: Upgrades, and Higher Prices, for Airport Hotels

Itineraries: Upgrades, and Higher Prices, for Airport HotelsWith occupancy rates increasing, many airport hotels are investing in renovations to their rooms, lobbies and meeting space — and raising their prices.



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Itineraries: Upgrades, and Higher Prices, for Airport Hotels

Itineraries: Upgrades, and Higher Prices, for Airport HotelsWith occupancy rates increasing, many airport hotels are investing in renovations to their rooms, lobbies and meeting space — and raising their prices.



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Op-Ed Contributor: The New History Wars

Op-Ed Contributor: The New History WarsStudents need an unvarnished picture of our past and the skills to understand and interpret that picture.



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Op-Ed Contributor: The New History Wars

Op-Ed Contributor: The New History WarsStudents need an unvarnished picture of our past and the skills to understand and interpret that picture.



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Op-Ed Contributor: The New History Wars

Op-Ed Contributor: The New History WarsStudents need an unvarnished picture of our past and the skills to understand and interpret that picture.



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Crystal Palace sign Wigans James McArthur and Tottenhams Zeki Fryers

£5.5m deal for Wigans McArthur sealed just before deadline
Zeki Fryers joins for an initial £1.5m but with add-ons Continue reading…

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Crystal Palace sign Wigans James McArthur and Tottenhams Zeki Fryers

£5.5m deal for Wigans McArthur sealed just before deadline
Zeki Fryers joins for an initial £1.5m but with add-ons Continue reading…

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Crystal Palace sign Wigans James McArthur and Tottenhams Zeki Fryers

£5.5m deal for Wigans McArthur sealed just before deadline
Zeki Fryers joins for an initial £1.5m but with add-ons Continue reading…

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Jordan Henderson says England must play up tempo to create fear factor

Liverpool midfielder defends Raheem Sterling and sees brighter future as Roy Hodgsons men prepare to play Norway
Liverpool beat limp Tottenham
Henderson hails new Liverpool signings
Sterling shows his England worth Continue reading…

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Jordan Henderson says England must play up tempo to create fear factor

Liverpool midfielder defends Raheem Sterling and sees brighter future as Roy Hodgsons men prepare to play Norway
Liverpool beat limp Tottenham
Henderson hails new Liverpool signings
Sterling shows his England worth Continue reading…

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Jordan Henderson says England must play up tempo to create fear factor

Liverpool midfielder defends Raheem Sterling and sees brighter future as Roy Hodgsons men prepare to play Norway
Liverpool beat limp Tottenham
Henderson hails new Liverpool signings
Sterling shows his England worth Continue reading…

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Transfer deadline day: Done deals

Transfer deadline day: Done dealsTrack all of the confirmed signings as they happen in England, Scotland and across Europe.

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Transfer deadline day: Done deals

Transfer deadline day: Done dealsTrack all of the confirmed signings as they happen in England, Scotland and across Europe.

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Transfer deadline day: Done deals

Transfer deadline day: Done dealsTrack all of the confirmed signings as they happen in England, Scotland and across Europe.

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Murray beats Tsonga, into last eight

Murray beats Tsonga, into last eightBritain’s Andy Murray beats Jo Wilfried-Tsonga 7-5 7-5 6-4 to book a US Open quarter-final against Novak Djokovic.

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Murray beats Tsonga, into last eight

Murray beats Tsonga, into last eightBritain’s Andy Murray beats Jo Wilfried-Tsonga 7-5 7-5 6-4 to book a US Open quarter-final against Novak Djokovic.

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Murray beats Tsonga, into last eight

Murray beats Tsonga, into last eightBritain’s Andy Murray beats Jo Wilfried-Tsonga 7-5 7-5 6-4 to book a US Open quarter-final against Novak Djokovic.

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Your Money Adviser: Renter’s Insurance Offers a Hedge Against Dorm-Room Mayhem

Your Money Adviser: Renter’s Insurance Offers a Hedge Against Dorm-Room MayhemCollege students would do well to make sure their personal belongings are covered in the event of fire, theft, vandalism or natural disaster.



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Your Money Adviser: Renter’s Insurance Offers a Hedge Against Dorm-Room Mayhem

Your Money Adviser: Renter’s Insurance Offers a Hedge Against Dorm-Room MayhemCollege students would do well to make sure their personal belongings are covered in the event of fire, theft, vandalism or natural disaster.



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Your Money Adviser: Renter’s Insurance Offers a Hedge Against Dorm-Room Mayhem

Your Money Adviser: Renter’s Insurance Offers a Hedge Against Dorm-Room MayhemCollege students would do well to make sure their personal belongings are covered in the event of fire, theft, vandalism or natural disaster.



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Fast-Food Workers Seeking Higher Wages Plan Another Strike

Fast-Food Workers Seeking Higher Wages Plan Another StrikeLabor organizers hope to recruit home health care aides to join in protests in 100 cities on Thursday.



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Fast-Food Workers Seeking Higher Wages Plan Another Strike

Fast-Food Workers Seeking Higher Wages Plan Another StrikeLabor organizers hope to recruit home health care aides to join in protests in 100 cities on Thursday.



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Fast-Food Workers Seeking Higher Wages Plan Another Strike

Fast-Food Workers Seeking Higher Wages Plan Another StrikeLabor organizers hope to recruit home health care aides to join in protests in 100 cities on Thursday.



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Boris Island airport plan ‘rejected’

Boris Island airport plan ‘rejected’A plan for an island airport in the Thames Estuary, dubbed “Boris Island”, looks set to be shelved, the BBC understands.

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Boris Island airport plan ‘rejected’

Boris Island airport plan ‘rejected’A plan for an island airport in the Thames Estuary, dubbed “Boris Island”, looks set to be shelved, the BBC understands.

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Boris Island airport plan ‘rejected’

Boris Island airport plan ‘rejected’A plan for an island airport in the Thames Estuary, dubbed “Boris Island”, looks set to be shelved, the BBC understands.

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Djokovic & Serena win at US Open

Djokovic & Serena win at US OpenTop seeds Novak Djokovic and Serena Williams win in straight sets to ease to the quarter-finals of the US Open.

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Djokovic & Serena win at US Open

Djokovic & Serena win at US OpenTop seeds Novak Djokovic and Serena Williams win in straight sets to ease to the quarter-finals of the US Open.

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Djokovic & Serena win at US Open

Djokovic & Serena win at US OpenTop seeds Novak Djokovic and Serena Williams win in straight sets to ease to the quarter-finals of the US Open.

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Djokovic and Williams Advance at U.S. Open; Bouchard Loses

Djokovic and Williams Advance at U.S. Open; Bouchard LosesSerena Williams reached the quarterfinals at a major for the first time this year, but Eugenie Bouchard was upset. Novak Djokovic won and will play Andy Murray.



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Djokovic and Williams Advance at U.S. Open; Bouchard Loses

Djokovic and Williams Advance at U.S. Open; Bouchard LosesSerena Williams reached the quarterfinals at a major for the first time this year, but Eugenie Bouchard was upset. Novak Djokovic won and will play Andy Murray.



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Djokovic and Williams Advance at U.S. Open; Bouchard Loses

Djokovic and Williams Advance at U.S. Open; Bouchard LosesSerena Williams reached the quarterfinals at a major for the first time this year, but Eugenie Bouchard was upset. Novak Djokovic won and will play Andy Murray.



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PM outlines new anti-terror plans

PM outlines new anti-terror plansNew powers are needed to seize the passports of terrorist suspects and stop British jihadists from returning to the UK, David Cameron says.

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PM outlines new anti-terror plans

PM outlines new anti-terror plansNew powers are needed to seize the passports of terrorist suspects and stop British jihadists from returning to the UK, David Cameron says.

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PM outlines new anti-terror plans

PM outlines new anti-terror plansNew powers are needed to seize the passports of terrorist suspects and stop British jihadists from returning to the UK, David Cameron says.

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Transforming a Pink Floyd icon

Transforming a Pink Floyd icon

Battersea Power Station is one of London's best-loved landmarks.Battersea Power Station is one of London’s best-loved landmarks.
Built in the Thirties as a functional coal-fired power station, its distinctive design has made it famous around the world. Here, engineers are seen working on the station in 1932. The other two towers were not added until 1953, forming the familiar four-chimneyed silhouette.Built in the Thirties as a functional coal-fired power station, its distinctive design has made it famous around the world. Here, engineers are seen working on the station in 1932. The other two towers were not added until 1953, forming the familiar four-chimneyed silhouette.
The station stopped generating electricity in 1983, and has since become one of architecture's best-known white elephants.The station stopped generating electricity in 1983, and has since become one of architecture’s best-known white elephants.
Taken in 1976, an inflatable pig was tied to one of the southern chimneys for Pink Floyd's 'Animals' album. The image secured worldwide fame for the station. Taken in 1976, an inflatable pig was tied to one of the southern chimneys for Pink Floyd’s ‘Animals’ album. The image secured worldwide fame for the station.
 An inflatable pig flies over the station 35 years later, recreating the famous album cover on September 26, 2011. An inflatable pig flies over the station 35 years later, recreating the famous album cover on September 26, 2011.
Now plans are underway to transform it into a vast complex of retail space, offices and luxury 'villas'. For the lucky few able to purchase a villa, the views of London will be spectacular.Now plans are underway to transform it into a vast complex of retail space, offices and luxury ‘villas’. For the lucky few able to purchase a villa, the views of London will be spectacular.
Concerns have been raised that it will become the playground of the super-rich, with apartments selling for £2,000 (more than $3,000) per square foot.

Concerns have been raised that it will become the playground of the super-rich, with apartments selling for £2,000 (more than $3,000) per square foot.

Questions have also been asked about whether the building will be obscured by the new, modernist blocks that are planned to surround it.Questions have also been asked about whether the building will be obscured by the new, modernist blocks that are planned to surround it.
But the developers argue that their plans will maintain the spirit of the building whilst making it compatible with the modern age. The top floor will contain luxury apartments like this one.But the developers argue that their plans will maintain the spirit of the building whilst making it compatible with the modern age. The top floor will contain luxury apartments like this one.
Apartments have been in high demand. On the first open day for prospective buyers, thousands had to be turned away.Apartments have been in high demand. On the first open day for prospective buyers, thousands had to be turned away.
It's not often that an opportunity arises to purchase a piece of London's history. Add that to capital city's interminable property boom and you've a developer's dream. It’s not often that an opportunity arises to purchase a piece of London’s history. Add that to capital city’s interminable property boom and you’ve a developer’s dream.
Alternative plans for the building, like this one by the pre-eminent architect Terry Farrell, envisaged preserving it as a more public space. In this computer-generated projection, the building is maintained in a 'ruined' form, with a landscaped park, open to all, constructed inside. Farrell described the current development as "sad".Alternative plans for the building, like this one by the pre-eminent architect Terry Farrell, envisaged preserving it as a more public space. In this computer-generated projection, the building is maintained in a ‘ruined’ form, with a landscaped park, open to all, constructed inside. Farrell described the current development as “sad”.
The chimneys will be torn down, but then they will be reconstructed according to the original specifications. However, the idea of destroying the chimneys has aroused intense controversy, with Londoners fearing that a piece of their heritage will be lost.The chimneys will be torn down, but then they will be reconstructed according to the original specifications. However, the idea of destroying the chimneys has aroused intense controversy, with Londoners fearing that a piece of their heritage will be lost.
But years of coal smoke damage have damaged the structures, making them unsafe.

But years of coal smoke damage have damaged the structures, making them unsafe.

In the opening ceremony for the 2012 Olympics in London, Battersea Power Station was included as one of the city's seven most iconic buildings. This model, used in the ceremony, now stands in the grounds of the building.In the opening ceremony for the 2012 Olympics in London, Battersea Power Station was included as one of the city’s seven most iconic buildings. This model, used in the ceremony, now stands in the grounds of the building.
Construction, based on models like this one, is due to be completed by 2020.Construction, based on models like this one, is due to be completed by 2020.
Despite the ongoing controversy, the redevelopment of the station has stirred excitement. To celebrate the building's redevelopment, The Battersea Power Station Development Company launched an annual party in April 2014. Despite the ongoing controversy, the redevelopment of the station has stirred excitement. To celebrate the building’s redevelopment, The Battersea Power Station Development Company launched an annual party in April 2014.
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STORY HIGHLIGHTS
  • As part of the Battersea Power Station renovation, the chimneys will be knocked down then rebuilt
  • Malaysian developers are funding the station’s transformation into offices and luxury villas
  • The power station has ignited debate on how iconic buildings should be maintained

London (CNN) — Ever since it appeared on the cover of Animals, Pink Floyd’s 1977 album, Battersea Power Station in London has been famous around the world.

It has appeared in everything from the Beatles’ 1965 movie Help! to Christopher Nolan’s 2008 Batman movie The Dark Knight, and even Dr Who.

But later this year, its distinctive chimneys — the best-loved parts of one of London’s best-loved buildings — will be demolished.

Then they will be built back up again.

Battersea Power Station as depicted on the cover of Pink Floyd\'s album
Battersea Power Station as depicted on the cover of Pink Floyd’s album “Animals”

“The chimneys are the most powerful part of the icon,” says Jim Eyre, director of Wilkinson Eyre, the architects commissioned to develop the building.

“Take them away, and you don’t have an icon. The coal fumes has decayed the concrete, so they have to come down. But we’re going to painstakingly reconstruct them.”

Such will be the attention to detail that even the paint used will be precisely the same hue.

And it will be sourced from the same manufacturer that provided the paint for the original chimneys, more than 80 years ago.

The replacement of the chimneys is just the first stage in a development that will change Battersea Power Station forever, arousing a passionate debate.

A London Icon

The power station was built in the Thirties as a functioning coal-fired electricity generator. But the building was so distinctive that it became recognized as a valuable part of the cityscape.

The station stopped functioning in 1983, and has since fallen into disrepair.

It’s vast — St Paul’s Cathedral, another of London’s landmarks, could snugly fit into its old turbine rooms — and over the years it has acquired the status of one of the architectural world’s best-known white elephants.

READ: Is Biology the future of design?

Now, funded by Malaysian developers, work is underway to transform the building into a massive complex of retail space, offices, and luxury “villas”.

Crowning the top of the development, at a height of more than 160 feet, there will be a roof garden.

The first phase will be completed in 2016.

Battersea Power Station in
Battersea Power Station in

Eyre’s plans for the chimneys are emblematic of his approach towards developing the site.

“Two of them are still going to be used as flues for the massive, modern energy center that we’re going to construct to power the place,” he says.

“The third will remain hollow with a glass roof, and the fourth will house a cylindrical glass elevator that will pop out at the top at a viewing platform.”

Although the massive central cavity will be split into five floors and stuffed with stores and offices, Eyre has included several areas where a “cut-out” will allow a glimpse of the distant ceiling.

“There was a temptation to fill it right to the edges,” he says.

“But when you enter the building, there will be an opening into a big space that will preserve the stunning sense of volume.”

Care will be taken to protect a flavor of the past on the inside, too.

In an approach that Eyre calls “light renovation”, graffiti and the stains of age will not be scrubbed clean or painted over.

“As part of the development, the building will be surrounded by massive modern office and retail blocks,” he says.

“The chimneys will still pop out the top, but the lovely, fluted flanks will be obscured. I think that’s a shame, but it’s the price you have to pay for development.”

Questions have been raised, however, over the price of the new apartments.

READ: 10 extraordinary futuristic wilderness hideouts

Terry Farrell\'s design envisaged the power station being transformed into a public park
Terry Farrell’s design envisaged the power station being transformed into a public park

At £2,000 per square foot, they will cost the same as those in the “golden postcodes” of Kensington and Chelsea and parts of Westminster.

For an icon that represents all of London, that seems a little exclusive.

“I am aware of that,” he says.

“The control room, for instance, is a wonderful example of art deco extravagance. It would be easy to turn it into a restaurant, but it would be a very expensive restaurant. Instead it will be a space for public events, like fashion shows.”

Controversial restoration

The development of the Battersea Power Station has re-opened the highly-charged debate about whether — and how — iconic buildings should be preserved, modified or replaced, and who they “belong” to.

In this age of technology, fast-paced social change and innovation, many see it as the most important architectural dilemma of our times.

Sir Terry Farrell, one of Britain’s foremost architects hose credits include everything from Charing Cross Station to the MI6 headquarters on the banks of the Thames, is sharply critical of Eyre’s design.

“I think it’s rather sad,” he told CNN.

“There’s quite a fashion for keeping the outside appearance of a building at the expense of the interior. When you’re inside Battersea Power Station, you won’t know it because the corridors, shops and apartments will be the same as everywhere else.”

As part of the development, the building will be surrounded by massive modern office and retail blocks
Jim Eyre

“My feeling is that it’s the sheer opportunity to get a couple of million square feet in there. Under the pretext of keeping the shell of the building, you’re getting planning consent for a lot of space. In London, you can charge £2,000 per square foot. That’s quite a lot of money, and I can see the temptation. But there are other ways that could work just as well.”

Farrell’s own design for the site, which was not taken forward because of fears over planning permission, would have turned the power station into an “iconic ruin” standing over a massive public space.

It would have been made financially viable by the construction of high-value apartments around the power station.

“I said that what we should do is remove the walls but retain the colonnade, and make the whole interior a park,” he said.

READ: Astonishing paper sculptures

“It would be like a giant abbey ruins, or a Greek temple with just the columns and no roof. The key features, like the control rooms, would be kept exactly in the place they occurred on legs.”

This, he argued, would enable people to “go in and feel the space”.

“You would understand far more what it used to be. It would be a sort of monument,” he said.

“It would be far better than going to a shopping center, or a luxury home, and saying, ‘do you realize this used to be Battersea Power Station?’”

Such controversy is only to be expected when the future of such an important building as this is at stake.

And the more iconic a building, the more forensic critics of its redevelopment will be.

Eye-popping vertical: Photos give Hong Kong skyscrapers a radical new look

The enduring allure of steam trains: A nostalgic journey back in time

A rare snoop inside homes of some of the world’s greatest living architects

This entry passed through the Full-Text RSS service — if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Posted in Business, Latest News, US, World | Comments Off

Transforming a Pink Floyd icon

Transforming a Pink Floyd icon

Battersea Power Station is one of London's best-loved landmarks.Battersea Power Station is one of London’s best-loved landmarks.
Built in the Thirties as a functional coal-fired power station, its distinctive design has made it famous around the world. Here, engineers are seen working on the station in 1932. The other two towers were not added until 1953, forming the familiar four-chimneyed silhouette.Built in the Thirties as a functional coal-fired power station, its distinctive design has made it famous around the world. Here, engineers are seen working on the station in 1932. The other two towers were not added until 1953, forming the familiar four-chimneyed silhouette.
The station stopped generating electricity in 1983, and has since become one of architecture's best-known white elephants.The station stopped generating electricity in 1983, and has since become one of architecture’s best-known white elephants.
Taken in 1976, an inflatable pig was tied to one of the southern chimneys for Pink Floyd's 'Animals' album. The image secured worldwide fame for the station. Taken in 1976, an inflatable pig was tied to one of the southern chimneys for Pink Floyd’s ‘Animals’ album. The image secured worldwide fame for the station.
 An inflatable pig flies over the station 35 years later, recreating the famous album cover on September 26, 2011. An inflatable pig flies over the station 35 years later, recreating the famous album cover on September 26, 2011.
Now plans are underway to transform it into a vast complex of retail space, offices and luxury 'villas'. For the lucky few able to purchase a villa, the views of London will be spectacular.Now plans are underway to transform it into a vast complex of retail space, offices and luxury ‘villas’. For the lucky few able to purchase a villa, the views of London will be spectacular.
Concerns have been raised that it will become the playground of the super-rich, with apartments selling for £2,000 (more than $3,000) per square foot.

Concerns have been raised that it will become the playground of the super-rich, with apartments selling for £2,000 (more than $3,000) per square foot.

Questions have also been asked about whether the building will be obscured by the new, modernist blocks that are planned to surround it.Questions have also been asked about whether the building will be obscured by the new, modernist blocks that are planned to surround it.
But the developers argue that their plans will maintain the spirit of the building whilst making it compatible with the modern age. The top floor will contain luxury apartments like this one.But the developers argue that their plans will maintain the spirit of the building whilst making it compatible with the modern age. The top floor will contain luxury apartments like this one.
Apartments have been in high demand. On the first open day for prospective buyers, thousands had to be turned away.Apartments have been in high demand. On the first open day for prospective buyers, thousands had to be turned away.
It's not often that an opportunity arises to purchase a piece of London's history. Add that to capital city's interminable property boom and you've a developer's dream. It’s not often that an opportunity arises to purchase a piece of London’s history. Add that to capital city’s interminable property boom and you’ve a developer’s dream.
Alternative plans for the building, like this one by the pre-eminent architect Terry Farrell, envisaged preserving it as a more public space. In this computer-generated projection, the building is maintained in a 'ruined' form, with a landscaped park, open to all, constructed inside. Farrell described the current development as "sad".Alternative plans for the building, like this one by the pre-eminent architect Terry Farrell, envisaged preserving it as a more public space. In this computer-generated projection, the building is maintained in a ‘ruined’ form, with a landscaped park, open to all, constructed inside. Farrell described the current development as “sad”.
The chimneys will be torn down, but then they will be reconstructed according to the original specifications. However, the idea of destroying the chimneys has aroused intense controversy, with Londoners fearing that a piece of their heritage will be lost.The chimneys will be torn down, but then they will be reconstructed according to the original specifications. However, the idea of destroying the chimneys has aroused intense controversy, with Londoners fearing that a piece of their heritage will be lost.
But years of coal smoke damage have damaged the structures, making them unsafe.

But years of coal smoke damage have damaged the structures, making them unsafe.

In the opening ceremony for the 2012 Olympics in London, Battersea Power Station was included as one of the city's seven most iconic buildings. This model, used in the ceremony, now stands in the grounds of the building.In the opening ceremony for the 2012 Olympics in London, Battersea Power Station was included as one of the city’s seven most iconic buildings. This model, used in the ceremony, now stands in the grounds of the building.
Construction, based on models like this one, is due to be completed by 2020.Construction, based on models like this one, is due to be completed by 2020.
Despite the ongoing controversy, the redevelopment of the station has stirred excitement. To celebrate the building's redevelopment, The Battersea Power Station Development Company launched an annual party in April 2014. Despite the ongoing controversy, the redevelopment of the station has stirred excitement. To celebrate the building’s redevelopment, The Battersea Power Station Development Company launched an annual party in April 2014.
HIDE CAPTION
STORY HIGHLIGHTS
  • As part of the Battersea Power Station renovation, the chimneys will be knocked down then rebuilt
  • Malaysian developers are funding the station’s transformation into offices and luxury villas
  • The power station has ignited debate on how iconic buildings should be maintained

London (CNN) — Ever since it appeared on the cover of Animals, Pink Floyd’s 1977 album, Battersea Power Station in London has been famous around the world.

It has appeared in everything from the Beatles’ 1965 movie Help! to Christopher Nolan’s 2008 Batman movie The Dark Knight, and even Dr Who.

But later this year, its distinctive chimneys — the best-loved parts of one of London’s best-loved buildings — will be demolished.

Then they will be built back up again.

Battersea Power Station as depicted on the cover of Pink Floyd\'s album
Battersea Power Station as depicted on the cover of Pink Floyd’s album “Animals”

“The chimneys are the most powerful part of the icon,” says Jim Eyre, director of Wilkinson Eyre, the architects commissioned to develop the building.

“Take them away, and you don’t have an icon. The coal fumes has decayed the concrete, so they have to come down. But we’re going to painstakingly reconstruct them.”

Such will be the attention to detail that even the paint used will be precisely the same hue.

And it will be sourced from the same manufacturer that provided the paint for the original chimneys, more than 80 years ago.

The replacement of the chimneys is just the first stage in a development that will change Battersea Power Station forever, arousing a passionate debate.

A London Icon

The power station was built in the Thirties as a functioning coal-fired electricity generator. But the building was so distinctive that it became recognized as a valuable part of the cityscape.

The station stopped functioning in 1983, and has since fallen into disrepair.

It’s vast — St Paul’s Cathedral, another of London’s landmarks, could snugly fit into its old turbine rooms — and over the years it has acquired the status of one of the architectural world’s best-known white elephants.

READ: Is Biology the future of design?

Now, funded by Malaysian developers, work is underway to transform the building into a massive complex of retail space, offices, and luxury “villas”.

Crowning the top of the development, at a height of more than 160 feet, there will be a roof garden.

The first phase will be completed in 2016.

Battersea Power Station in
Battersea Power Station in

Eyre’s plans for the chimneys are emblematic of his approach towards developing the site.

“Two of them are still going to be used as flues for the massive, modern energy center that we’re going to construct to power the place,” he says.

“The third will remain hollow with a glass roof, and the fourth will house a cylindrical glass elevator that will pop out at the top at a viewing platform.”

Although the massive central cavity will be split into five floors and stuffed with stores and offices, Eyre has included several areas where a “cut-out” will allow a glimpse of the distant ceiling.

“There was a temptation to fill it right to the edges,” he says.

“But when you enter the building, there will be an opening into a big space that will preserve the stunning sense of volume.”

Care will be taken to protect a flavor of the past on the inside, too.

In an approach that Eyre calls “light renovation”, graffiti and the stains of age will not be scrubbed clean or painted over.

“As part of the development, the building will be surrounded by massive modern office and retail blocks,” he says.

“The chimneys will still pop out the top, but the lovely, fluted flanks will be obscured. I think that’s a shame, but it’s the price you have to pay for development.”

Questions have been raised, however, over the price of the new apartments.

READ: 10 extraordinary futuristic wilderness hideouts

Terry Farrell\'s design envisaged the power station being transformed into a public park
Terry Farrell’s design envisaged the power station being transformed into a public park

At £2,000 per square foot, they will cost the same as those in the “golden postcodes” of Kensington and Chelsea and parts of Westminster.

For an icon that represents all of London, that seems a little exclusive.

“I am aware of that,” he says.

“The control room, for instance, is a wonderful example of art deco extravagance. It would be easy to turn it into a restaurant, but it would be a very expensive restaurant. Instead it will be a space for public events, like fashion shows.”

Controversial restoration

The development of the Battersea Power Station has re-opened the highly-charged debate about whether — and how — iconic buildings should be preserved, modified or replaced, and who they “belong” to.

In this age of technology, fast-paced social change and innovation, many see it as the most important architectural dilemma of our times.

Sir Terry Farrell, one of Britain’s foremost architects hose credits include everything from Charing Cross Station to the MI6 headquarters on the banks of the Thames, is sharply critical of Eyre’s design.

“I think it’s rather sad,” he told CNN.

“There’s quite a fashion for keeping the outside appearance of a building at the expense of the interior. When you’re inside Battersea Power Station, you won’t know it because the corridors, shops and apartments will be the same as everywhere else.”

As part of the development, the building will be surrounded by massive modern office and retail blocks
Jim Eyre

“My feeling is that it’s the sheer opportunity to get a couple of million square feet in there. Under the pretext of keeping the shell of the building, you’re getting planning consent for a lot of space. In London, you can charge £2,000 per square foot. That’s quite a lot of money, and I can see the temptation. But there are other ways that could work just as well.”

Farrell’s own design for the site, which was not taken forward because of fears over planning permission, would have turned the power station into an “iconic ruin” standing over a massive public space.

It would have been made financially viable by the construction of high-value apartments around the power station.

“I said that what we should do is remove the walls but retain the colonnade, and make the whole interior a park,” he said.

READ: Astonishing paper sculptures

“It would be like a giant abbey ruins, or a Greek temple with just the columns and no roof. The key features, like the control rooms, would be kept exactly in the place they occurred on legs.”

This, he argued, would enable people to “go in and feel the space”.

“You would understand far more what it used to be. It would be a sort of monument,” he said.

“It would be far better than going to a shopping center, or a luxury home, and saying, ‘do you realize this used to be Battersea Power Station?’”

Such controversy is only to be expected when the future of such an important building as this is at stake.

And the more iconic a building, the more forensic critics of its redevelopment will be.

Eye-popping vertical: Photos give Hong Kong skyscrapers a radical new look

The enduring allure of steam trains: A nostalgic journey back in time

A rare snoop inside homes of some of the world’s greatest living architects

This entry passed through the Full-Text RSS service — if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Posted in Business, Latest News, US, World | Comments Off

Transforming a Pink Floyd icon

Transforming a Pink Floyd icon

Battersea Power Station is one of London's best-loved landmarks.Battersea Power Station is one of London’s best-loved landmarks.
Built in the Thirties as a functional coal-fired power station, its distinctive design has made it famous around the world. Here, engineers are seen working on the station in 1932. The other two towers were not added until 1953, forming the familiar four-chimneyed silhouette.Built in the Thirties as a functional coal-fired power station, its distinctive design has made it famous around the world. Here, engineers are seen working on the station in 1932. The other two towers were not added until 1953, forming the familiar four-chimneyed silhouette.
The station stopped generating electricity in 1983, and has since become one of architecture's best-known white elephants.The station stopped generating electricity in 1983, and has since become one of architecture’s best-known white elephants.
Taken in 1976, an inflatable pig was tied to one of the southern chimneys for Pink Floyd's 'Animals' album. The image secured worldwide fame for the station. Taken in 1976, an inflatable pig was tied to one of the southern chimneys for Pink Floyd’s ‘Animals’ album. The image secured worldwide fame for the station.
 An inflatable pig flies over the station 35 years later, recreating the famous album cover on September 26, 2011. An inflatable pig flies over the station 35 years later, recreating the famous album cover on September 26, 2011.
Now plans are underway to transform it into a vast complex of retail space, offices and luxury 'villas'. For the lucky few able to purchase a villa, the views of London will be spectacular.Now plans are underway to transform it into a vast complex of retail space, offices and luxury ‘villas’. For the lucky few able to purchase a villa, the views of London will be spectacular.
Concerns have been raised that it will become the playground of the super-rich, with apartments selling for £2,000 (more than $3,000) per square foot.

Concerns have been raised that it will become the playground of the super-rich, with apartments selling for £2,000 (more than $3,000) per square foot.

Questions have also been asked about whether the building will be obscured by the new, modernist blocks that are planned to surround it.Questions have also been asked about whether the building will be obscured by the new, modernist blocks that are planned to surround it.
But the developers argue that their plans will maintain the spirit of the building whilst making it compatible with the modern age. The top floor will contain luxury apartments like this one.But the developers argue that their plans will maintain the spirit of the building whilst making it compatible with the modern age. The top floor will contain luxury apartments like this one.
Apartments have been in high demand. On the first open day for prospective buyers, thousands had to be turned away.Apartments have been in high demand. On the first open day for prospective buyers, thousands had to be turned away.
It's not often that an opportunity arises to purchase a piece of London's history. Add that to capital city's interminable property boom and you've a developer's dream. It’s not often that an opportunity arises to purchase a piece of London’s history. Add that to capital city’s interminable property boom and you’ve a developer’s dream.
Alternative plans for the building, like this one by the pre-eminent architect Terry Farrell, envisaged preserving it as a more public space. In this computer-generated projection, the building is maintained in a 'ruined' form, with a landscaped park, open to all, constructed inside. Farrell described the current development as "sad".Alternative plans for the building, like this one by the pre-eminent architect Terry Farrell, envisaged preserving it as a more public space. In this computer-generated projection, the building is maintained in a ‘ruined’ form, with a landscaped park, open to all, constructed inside. Farrell described the current development as “sad”.
The chimneys will be torn down, but then they will be reconstructed according to the original specifications. However, the idea of destroying the chimneys has aroused intense controversy, with Londoners fearing that a piece of their heritage will be lost.The chimneys will be torn down, but then they will be reconstructed according to the original specifications. However, the idea of destroying the chimneys has aroused intense controversy, with Londoners fearing that a piece of their heritage will be lost.
But years of coal smoke damage have damaged the structures, making them unsafe.

But years of coal smoke damage have damaged the structures, making them unsafe.

In the opening ceremony for the 2012 Olympics in London, Battersea Power Station was included as one of the city's seven most iconic buildings. This model, used in the ceremony, now stands in the grounds of the building.In the opening ceremony for the 2012 Olympics in London, Battersea Power Station was included as one of the city’s seven most iconic buildings. This model, used in the ceremony, now stands in the grounds of the building.
Construction, based on models like this one, is due to be completed by 2020.Construction, based on models like this one, is due to be completed by 2020.
Despite the ongoing controversy, the redevelopment of the station has stirred excitement. To celebrate the building's redevelopment, The Battersea Power Station Development Company launched an annual party in April 2014. Despite the ongoing controversy, the redevelopment of the station has stirred excitement. To celebrate the building’s redevelopment, The Battersea Power Station Development Company launched an annual party in April 2014.
HIDE CAPTION
STORY HIGHLIGHTS
  • As part of the Battersea Power Station renovation, the chimneys will be knocked down then rebuilt
  • Malaysian developers are funding the station’s transformation into offices and luxury villas
  • The power station has ignited debate on how iconic buildings should be maintained

London (CNN) — Ever since it appeared on the cover of Animals, Pink Floyd’s 1977 album, Battersea Power Station in London has been famous around the world.

It has appeared in everything from the Beatles’ 1965 movie Help! to Christopher Nolan’s 2008 Batman movie The Dark Knight, and even Dr Who.

But later this year, its distinctive chimneys — the best-loved parts of one of London’s best-loved buildings — will be demolished.

Then they will be built back up again.

Battersea Power Station as depicted on the cover of Pink Floyd\'s album
Battersea Power Station as depicted on the cover of Pink Floyd’s album “Animals”

“The chimneys are the most powerful part of the icon,” says Jim Eyre, director of Wilkinson Eyre, the architects commissioned to develop the building.

“Take them away, and you don’t have an icon. The coal fumes has decayed the concrete, so they have to come down. But we’re going to painstakingly reconstruct them.”

Such will be the attention to detail that even the paint used will be precisely the same hue.

And it will be sourced from the same manufacturer that provided the paint for the original chimneys, more than 80 years ago.

The replacement of the chimneys is just the first stage in a development that will change Battersea Power Station forever, arousing a passionate debate.

A London Icon

The power station was built in the Thirties as a functioning coal-fired electricity generator. But the building was so distinctive that it became recognized as a valuable part of the cityscape.

The station stopped functioning in 1983, and has since fallen into disrepair.

It’s vast — St Paul’s Cathedral, another of London’s landmarks, could snugly fit into its old turbine rooms — and over the years it has acquired the status of one of the architectural world’s best-known white elephants.

READ: Is Biology the future of design?

Now, funded by Malaysian developers, work is underway to transform the building into a massive complex of retail space, offices, and luxury “villas”.

Crowning the top of the development, at a height of more than 160 feet, there will be a roof garden.

The first phase will be completed in 2016.

Battersea Power Station in
Battersea Power Station in

Eyre’s plans for the chimneys are emblematic of his approach towards developing the site.

“Two of them are still going to be used as flues for the massive, modern energy center that we’re going to construct to power the place,” he says.

“The third will remain hollow with a glass roof, and the fourth will house a cylindrical glass elevator that will pop out at the top at a viewing platform.”

Although the massive central cavity will be split into five floors and stuffed with stores and offices, Eyre has included several areas where a “cut-out” will allow a glimpse of the distant ceiling.

“There was a temptation to fill it right to the edges,” he says.

“But when you enter the building, there will be an opening into a big space that will preserve the stunning sense of volume.”

Care will be taken to protect a flavor of the past on the inside, too.

In an approach that Eyre calls “light renovation”, graffiti and the stains of age will not be scrubbed clean or painted over.

“As part of the development, the building will be surrounded by massive modern office and retail blocks,” he says.

“The chimneys will still pop out the top, but the lovely, fluted flanks will be obscured. I think that’s a shame, but it’s the price you have to pay for development.”

Questions have been raised, however, over the price of the new apartments.

READ: 10 extraordinary futuristic wilderness hideouts

Terry Farrell\'s design envisaged the power station being transformed into a public park
Terry Farrell’s design envisaged the power station being transformed into a public park

At £2,000 per square foot, they will cost the same as those in the “golden postcodes” of Kensington and Chelsea and parts of Westminster.

For an icon that represents all of London, that seems a little exclusive.

“I am aware of that,” he says.

“The control room, for instance, is a wonderful example of art deco extravagance. It would be easy to turn it into a restaurant, but it would be a very expensive restaurant. Instead it will be a space for public events, like fashion shows.”

Controversial restoration

The development of the Battersea Power Station has re-opened the highly-charged debate about whether — and how — iconic buildings should be preserved, modified or replaced, and who they “belong” to.

In this age of technology, fast-paced social change and innovation, many see it as the most important architectural dilemma of our times.

Sir Terry Farrell, one of Britain’s foremost architects hose credits include everything from Charing Cross Station to the MI6 headquarters on the banks of the Thames, is sharply critical of Eyre’s design.

“I think it’s rather sad,” he told CNN.

“There’s quite a fashion for keeping the outside appearance of a building at the expense of the interior. When you’re inside Battersea Power Station, you won’t know it because the corridors, shops and apartments will be the same as everywhere else.”

As part of the development, the building will be surrounded by massive modern office and retail blocks
Jim Eyre

“My feeling is that it’s the sheer opportunity to get a couple of million square feet in there. Under the pretext of keeping the shell of the building, you’re getting planning consent for a lot of space. In London, you can charge £2,000 per square foot. That’s quite a lot of money, and I can see the temptation. But there are other ways that could work just as well.”

Farrell’s own design for the site, which was not taken forward because of fears over planning permission, would have turned the power station into an “iconic ruin” standing over a massive public space.

It would have been made financially viable by the construction of high-value apartments around the power station.

“I said that what we should do is remove the walls but retain the colonnade, and make the whole interior a park,” he said.

READ: Astonishing paper sculptures

“It would be like a giant abbey ruins, or a Greek temple with just the columns and no roof. The key features, like the control rooms, would be kept exactly in the place they occurred on legs.”

This, he argued, would enable people to “go in and feel the space”.

“You would understand far more what it used to be. It would be a sort of monument,” he said.

“It would be far better than going to a shopping center, or a luxury home, and saying, ‘do you realize this used to be Battersea Power Station?’”

Such controversy is only to be expected when the future of such an important building as this is at stake.

And the more iconic a building, the more forensic critics of its redevelopment will be.

Eye-popping vertical: Photos give Hong Kong skyscrapers a radical new look

The enduring allure of steam trains: A nostalgic journey back in time

A rare snoop inside homes of some of the world’s greatest living architects

This entry passed through the Full-Text RSS service — if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Posted in Business, Latest News, US, World | Comments Off

Arsenal agree £16m fee for Welbeck

Arsenal agree £16m fee for Welbeck

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Arsenal agree £16m fee for Welbeck

Arsenal agree £16m fee for Welbeck

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Arsenal agree £16m fee for Welbeck

Arsenal agree £16m fee for Welbeck

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Abuse researcher ‘faced hostility’

Abuse researcher ‘faced hostility’A Home Office researcher who wrote a report on sexual exploitation of children in Rotherham in 2002 tells BBC Panorama she faced ‘hostility’ from the council.

Posted in Business, Latest News, US, World | Comments Off

Abuse researcher ‘faced hostility’

Abuse researcher ‘faced hostility’A Home Office researcher who wrote a report on sexual exploitation of children in Rotherham in 2002 tells BBC Panorama she faced ‘hostility’ from the council.

Posted in Business, Latest News, US, World | Comments Off

Abuse researcher ‘faced hostility’

Abuse researcher ‘faced hostility’A Home Office researcher who wrote a report on sexual exploitation of children in Rotherham in 2002 tells BBC Panorama she faced ‘hostility’ from the council.

Posted in Business, Latest News, US, World | Comments Off

David Cameron shelves move to ban British jihadis returning to UK

Political and legal opposition forces PM to back down on key elements of plan to counteract Islamic State terrorist threat

David Cameron’s plan to fight the terrorist threat posed by Islamic State got off to a stuttering start when he was forced to shelve key proposals amid legal uncertainty, Liberal Democrat objections, and even doubts within the security services.

Continue reading…

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David Cameron shelves move to ban British jihadis returning to UK

Political and legal opposition forces PM to back down on key elements of plan to counteract Islamic State terrorist threat

David Cameron’s plan to fight the terrorist threat posed by Islamic State got off to a stuttering start when he was forced to shelve key proposals amid legal uncertainty, Liberal Democrat objections, and even doubts within the security services.

Continue reading…

Posted in Top Stories, World | Leave a comment

Cave yields Neanderthal ‘artwork’

Cave yields Neanderthal ‘artwork’An engraving found at a cave in Gibraltar may be the most compelling evidence yet for Neanderthal art.

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Cave yields Neanderthal ‘artwork’

Cave yields Neanderthal ‘artwork’An engraving found at a cave in Gibraltar may be the most compelling evidence yet for Neanderthal art.

Posted in Business, Latest News, US, World | Comments Off

Cave yields Neanderthal ‘artwork’

Cave yields Neanderthal ‘artwork’An engraving found at a cave in Gibraltar may be the most compelling evidence yet for Neanderthal art.

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Militias Seize Control of Libyan Capital

A new stage in a power struggle has resulted in rival centers of government, one in Tripoli, and the other in Tobruk.



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VIDEO: Solar farm plan for Somerset Levels

VIDEO: Solar farm plan for Somerset LevelsPlans have been unveiled for one of the South West’s biggest solar farms on the Somerset Levels.

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VIDEO: Solar farm plan for Somerset Levels

VIDEO: Solar farm plan for Somerset LevelsPlans have been unveiled for one of the South West’s biggest solar farms on the Somerset Levels.

Posted in Business, Latest News, US, World | Comments Off

VIDEO: Solar farm plan for Somerset Levels

VIDEO: Solar farm plan for Somerset LevelsPlans have been unveiled for one of the South West’s biggest solar farms on the Somerset Levels.

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Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



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Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



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Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



Posted in Business, Latest News, US, World | Comments Off

Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



Posted in Business, Latest News, US, World | Comments Off

Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



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Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



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Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



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Obama Takes to Road to Push Rise in Minimum Wage

Obama Takes to Road to Push Rise in Minimum WageWith the midterm elections in sight, President Obama went to Milwaukee to try to refocus attention on an economic policy issue that could help his party.



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Iraq crimes ‘on unimaginable scale’

Iraq crimes ‘on unimaginable scale’The UN says reports from Iraq “reveal acts of inhumanity”, as a BBC team reaches the town of Amerli after a two-month siege ends.

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Iraq crimes ‘on unimaginable scale’

Iraq crimes ‘on unimaginable scale’The UN says reports from Iraq “reveal acts of inhumanity”, as a BBC team reaches the town of Amerli after a two-month siege ends.

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Iraq crimes ‘on unimaginable scale’

Iraq crimes ‘on unimaginable scale’The UN says reports from Iraq “reveal acts of inhumanity”, as a BBC team reaches the town of Amerli after a two-month siege ends.

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Notebook : Giants’ Coughlin Asks for Patience as Beckham Heals

A week away from the Giants’ season opener, Coach Tom Coughlin said he was fed up with the unremitting questions about the injured receiver Odell Beckham.



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Notebook : Giants’ Coughlin Asks for Patience as Beckham Heals

A week away from the Giants’ season opener, Coach Tom Coughlin said he was fed up with the unremitting questions about the injured receiver Odell Beckham.



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Notebook : Giants’ Coughlin Asks for Patience as Beckham Heals

A week away from the Giants’ season opener, Coach Tom Coughlin said he was fed up with the unremitting questions about the injured receiver Odell Beckham.



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‘Competing British police forces’ harmed Madeleine McCann search

Relations with Portuguese authorities damaged as agencies fought to join investigation, says secret Home Office report

The investigation into the disappearance of Madeleine McCann was hampered because British police forces competed against one another, according to the author of a secret Home Office report.

Relations with Portuguese authorities were damaged as UK agencies clamoured to get involved in the high-profile case, leading to warnings that Britain should not act as a "colonial power".

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‘Competing British police forces’ harmed Madeleine McCann search

Relations with Portuguese authorities damaged as agencies fought to join investigation, says secret Home Office report

The investigation into the disappearance of Madeleine McCann was hampered because British police forces competed against one another, according to the author of a secret Home Office report.

Relations with Portuguese authorities were damaged as UK agencies clamoured to get involved in the high-profile case, leading to warnings that Britain should not act as a "colonial power".

Continue reading…

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China accuses MPs of ‘interference’

China accuses MPs of ‘interference’Chinese authorities have accused British MPs of interfering in Hong Kong’s affairs by investigating tensions there, Newsnight learns.

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China accuses MPs of ‘interference’

China accuses MPs of ‘interference’Chinese authorities have accused British MPs of interfering in Hong Kong’s affairs by investigating tensions there, Newsnight learns.

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China accuses MPs of ‘interference’

China accuses MPs of ‘interference’Chinese authorities have accused British MPs of interfering in Hong Kong’s affairs by investigating tensions there, Newsnight learns.

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NATO to Create a Rapid-Response Force for Eastern Europe, Officials Say

NATO leaders are expected to respond to increased Russian intervention in Ukraine by establishing a force capable of deploying quickly to Eastern Europe.



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NATO to Create a Rapid-Response Force for Eastern Europe, Officials Say

NATO to Create a Rapid-Response Force for Eastern Europe, Officials SayNATO leaders are expected to respond to increased Russian intervention in Ukraine by establishing a force capable of deploying quickly to Eastern Europe.

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NATO to Create a Rapid-Response Force for Eastern Europe, Officials Say

NATO to Create a Rapid-Response Force for Eastern Europe, Officials SayNATO leaders are expected to respond to increased Russian intervention in Ukraine by establishing a force capable of deploying quickly to Eastern Europe.

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NATO to Create a Rapid-Response Force for Eastern Europe, Officials Say

NATO to Create a Rapid-Response Force for Eastern Europe, Officials SayNATO leaders are expected to respond to increased Russian intervention in Ukraine by establishing a force capable of deploying quickly to Eastern Europe.

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Both Sides Cite Discrimination in Battle Over Texas Voter ID Law

Both Sides Cite Discrimination in Battle Over Texas Voter ID LawJustice Department lawyers say a law is unfair to blacks and Hispanics, while Texas argues that Southern states are being unfairly targeted.



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Both Sides Cite Discrimination in Battle Over Texas Voter ID Law

Both Sides Cite Discrimination in Battle Over Texas Voter ID LawJustice Department lawyers say a law is unfair to blacks and Hispanics, while Texas argues that Southern states are being unfairly targeted.



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Both Sides Cite Discrimination in Battle Over Texas Voter ID Law

Both Sides Cite Discrimination in Battle Over Texas Voter ID LawJustice Department lawyers say a law is unfair to blacks and Hispanics, while Texas argues that Southern states are being unfairly targeted.



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US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

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US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

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US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

US calls for North Korea to free three detained Americans

US calls for North Korea to free three detained Americans

State Department requests release of Jeffrey Fowle, Matthew Miller and Kenneth Bae, whose health may be failing

Continue reading…

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EU power vacuum new rules will make cleaners more efficient

Continue reading…

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EU power vacuum new rules will make cleaners more efficient

Continue reading…

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Russia confirms death of five geckos on space sex mission

Russia confirms death of five geckos on space sex mission

  • Reptiles were part of zero-gravity research into reproduction
  • Geckos mummified remains suggest they froze to death

Continue reading…

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Russia confirms death of five geckos on space sex mission

Russia confirms death of five geckos on space sex mission

  • Reptiles were part of zero-gravity research into reproduction
  • Geckos mummified remains suggest they froze to death

Continue reading…

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Russia confirms death of five geckos on space sex mission

Russia confirms death of five geckos on space sex mission

  • Reptiles were part of zero-gravity research into reproduction
  • Geckos mummified remains suggest they froze to death

Continue reading…

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Russia confirms death of five geckos on space sex mission

Russia confirms death of five geckos on space sex mission

  • Reptiles were part of zero-gravity research into reproduction
  • Geckos mummified remains suggest they froze to death

Continue reading…

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Russia confirms death of five geckos on space sex mission

Russia confirms death of five geckos on space sex mission

  • Reptiles were part of zero-gravity research into reproduction
  • Geckos mummified remains suggest they froze to death

Continue reading…

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British Leader’s Plan Targets Jihadists’ Passports

In announcing new police powers, Prime Minister David Cameron was trying to show toughness in the face of young British Muslims’ going off to fight in Syria and Iraq,



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World Briefing: Geckos on Mission Die Aboard Russian Spacecraft

Five geckos launched into space for an experiment on sexual reproduction in near-zero gravity were found dead after their spacecraft returned to earth, the Russian space agency said.



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Bercow ‘pauses’ clerk recruitment

Bercow ‘pauses’ clerk recruitmentJohn Bercow announces a “modest pause” in the recruitment of the next clerk of the House of Commons following a row with MPs.

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Carol Vadnais, All-Star N.H.L. Defenseman, Dies at 68

Vadnais, who began his career when the N.H.L. had six teams, won Stanley Cup titles with Montreal in 1968 and Boston in 1972 before playing with the Rangers.



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Carol Vadnais, All-Star N.H.L. Defenseman, Dies at 68

Vadnais, who began his career when the N.H.L. had six teams, won Stanley Cup titles with Montreal in 1968 and Boston in 1972 before playing with the Rangers.



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Carol Vadnais, All-Star N.H.L. Defenseman, Dies at 68

Vadnais, who began his career when the N.H.L. had six teams, won Stanley Cup titles with Montreal in 1968 and Boston in 1972 before playing with the Rangers.



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Ajax confirm the transfer of £14m Daley Blind to Manchester United

Blind signs four-year deal at Old Trafford
It is a real honour to sign, says Dutchman
Interactive: how much have clubs spent? Continue reading…

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Ajax confirm the transfer of £14m Daley Blind to Manchester United

Blind signs four-year deal at Old Trafford
It is a real honour to sign, says Dutchman
Interactive: how much have clubs spent? Continue reading…

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Ajax confirm the transfer of £14m Daley Blind to Manchester United

Blind signs four-year deal at Old Trafford
It is a real honour to sign, says Dutchman
Interactive: how much have clubs spent? Continue reading…

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England could face Norway with record low attendance at new Wembley

FA expect between 35,000 and 40,000 for friendly
Roy Hodgson could introduce uncapped players for England
Four new boys called up to England squad
England manager tells players to banish negativity
Continue reading…

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England could face Norway with record low attendance at new Wembley

FA expect between 35,000 and 40,000 for friendly
Roy Hodgson could introduce uncapped players for England
Four new boys called up to England squad
England manager tells players to banish negativity
Continue reading…

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England could face Norway with record low attendance at new Wembley

FA expect between 35,000 and 40,000 for friendly
Roy Hodgson could introduce uncapped players for England
Four new boys called up to England squad
England manager tells players to banish negativity
Continue reading…

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British Ebola patient seems ‘pretty well’ and has regained appetite, says father

Will Pooley remains in isolation unit at Royal Free hospital in London after being evacuated from Sierra Leone eight days ago

Hopes that the first Briton to contract the deadly Ebola virus will make a full recovery have been raised after his father said he was doing "pretty well" and eating bacon butties.

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British Ebola patient seems ‘pretty well’ and has regained appetite, says father

Will Pooley remains in isolation unit at Royal Free hospital in London after being evacuated from Sierra Leone eight days ago

Hopes that the first Briton to contract the deadly Ebola virus will make a full recovery have been raised after his father said he was doing "pretty well" and eating bacon butties.

Continue reading…

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Global Health: How Fighting in Pakistan Affects War Against Polio

While some Taliban factions have banned vaccinations since 2012, fleeing refugees often encounter vaccinators.



Posted in Top Stories, World | Leave a comment

Global Health: How Fighting in Pakistan Affects War Against Polio

While some Taliban factions have banned vaccinations since 2012, fleeing refugees often encounter vaccinators.



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‘Russian tank battalion’ helps rebels make gains in east Ukraine, Kiev claims

Ukraine says Moscow is providing direct military support to rebels as army and volunteer battalions report heavy casualties Continue reading…

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Tesco’s new boss promises to bring fresh perspective

Tesco’s new boss promises to bring fresh perspectiveDave Lewis’s reign at ailing supermarket chain gets off to lacklustre start with shares among biggest fallers in FTSE 100

Tesco’s new boss has said that it needs a "fresh perspective" and that his lack of shopkeeping experience does not mean he is the wrong person to turn the ailing supermarket around.

In his first public comments as chief executive, Dave Lewis conceded his appointment was interesting in that "I have never run a shop in my life" but noted that retail expertise had not previously been in short supply at Tesco, which on Friday fired off its third profit warning in eight months.

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Tesco’s new boss promises to bring fresh perspective

Tesco’s new boss promises to bring fresh perspectiveDave Lewis’s reign at ailing supermarket chain gets off to lacklustre start with shares among biggest fallers in FTSE 100

Tesco’s new boss has said that it needs a "fresh perspective" and that his lack of shopkeeping experience does not mean he is the wrong person to turn the ailing supermarket around.

In his first public comments as chief executive, Dave Lewis conceded his appointment was interesting in that "I have never run a shop in my life" but noted that retail expertise had not previously been in short supply at Tesco, which on Friday fired off its third profit warning in eight months.

Continue reading…

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Tesco’s new boss promises to bring fresh perspective

Tesco’s new boss promises to bring fresh perspectiveDave Lewis’s reign at ailing supermarket chain gets off to lacklustre start with shares among biggest fallers in FTSE 100

Tesco’s new boss has said that it needs a "fresh perspective" and that his lack of shopkeeping experience does not mean he is the wrong person to turn the ailing supermarket around.

In his first public comments as chief executive, Dave Lewis conceded his appointment was interesting in that "I have never run a shop in my life" but noted that retail expertise had not previously been in short supply at Tesco, which on Friday fired off its third profit warning in eight months.

Continue reading…

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Arsenal battle to sign Danny Welbeck from Manchester United

Striker not part of Louis van Gaals plans at Old Trafford
Club hope to agree permanent deal but not confident
Transfer deadline day – live
United sign Falcao on loan for rest of season Continue reading…

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Arsenal battle to sign Danny Welbeck from Manchester United

Striker not part of Louis van Gaals plans at Old Trafford
Club hope to agree permanent deal but not confident
Transfer deadline day – live
United sign Falcao on loan for rest of season Continue reading…

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Arsenal battle to sign Danny Welbeck from Manchester United

Striker not part of Louis van Gaals plans at Old Trafford
Club hope to agree permanent deal but not confident
Transfer deadline day – live
United sign Falcao on loan for rest of season Continue reading…

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Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.



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Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.



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Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.



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Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.

Posted in Business, Latest News, US, World | Comments Off

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.

Posted in Business, Latest News, US, World | Comments Off

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.

Posted in Business, Latest News, US, World | Comments Off

Pakistani protesters force state TV station off air

Pakistani protesters force state TV station off airThousands of supporters of Imran Khan and Tahir-ul-Qadri enter Islamabad compound containing government ministries Continue reading…

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Pakistani protesters force state TV station off air

Pakistani protesters force state TV station off airThousands of supporters of Imran Khan and Tahir-ul-Qadri enter Islamabad compound containing government ministries Continue reading…

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Pakistani protesters force state TV station off air

Pakistani protesters force state TV station off airThousands of supporters of Imran Khan and Tahir-ul-Qadri enter Islamabad compound containing government ministries Continue reading…

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A global economy divided into the good, the bad and the ugly

A global economy divided into the good, the bad and the uglyPoor data from eurozone and Japan comes as investors bet on European Central Bank moving closer to quantitative easing

The global economy is divided at the moment into the good, the bad and the ugly. Two of the most populous nations can claim to be good. The US is growing and since business investment has taken off an important factor delayed by Washington infighting over the Sequester and budget deficit the economy looks like it is rebalancing nicely. And India saw its manufacturing output chalk up the 10th straight month of expansion in August.

China ranks among the bad after its vast factory sector almost contracted in August. Firms blamed slackening foreign and domestic demand, though the beginnings of a crisis triggered by debt-fuelled consumer and business spending should also be considered.

Continue reading…

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A global economy divided into the good, the bad and the ugly

A global economy divided into the good, the bad and the uglyPoor data from eurozone and Japan comes as investors bet on European Central Bank moving closer to quantitative easing

The global economy is divided at the moment into the good, the bad and the ugly. Two of the most populous nations can claim to be good. The US is growing and since business investment has taken off an important factor delayed by Washington infighting over the Sequester and budget deficit the economy looks like it is rebalancing nicely. And India saw its manufacturing output chalk up the 10th straight month of expansion in August.

China ranks among the bad after its vast factory sector almost contracted in August. Firms blamed slackening foreign and domestic demand, though the beginnings of a crisis triggered by debt-fuelled consumer and business spending should also be considered.

Continue reading…

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A global economy divided into the good, the bad and the ugly

A global economy divided into the good, the bad and the uglyPoor data from eurozone and Japan comes as investors bet on European Central Bank moving closer to quantitative easing

The global economy is divided at the moment into the good, the bad and the ugly. Two of the most populous nations can claim to be good. The US is growing and since business investment has taken off an important factor delayed by Washington infighting over the Sequester and budget deficit the economy looks like it is rebalancing nicely. And India saw its manufacturing output chalk up the 10th straight month of expansion in August.

China ranks among the bad after its vast factory sector almost contracted in August. Firms blamed slackening foreign and domestic demand, though the beginnings of a crisis triggered by debt-fuelled consumer and business spending should also be considered.

Continue reading…

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An Icy Answer to the Mystery of the Moving Death Valley Stones

An Icy Answer to the Mystery of the Moving Death Valley StonesAt last, researchers have figured out the phenomenon known as the “sailing stones,” and the trails they leave, in the desert.



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An Icy Answer to the Mystery of the Moving Death Valley Stones

An Icy Answer to the Mystery of the Moving Death Valley StonesAt last, researchers have figured out the phenomenon known as the “sailing stones,” and the trails they leave, in the desert.



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An Icy Answer to the Mystery of the Moving Death Valley Stones

An Icy Answer to the Mystery of the Moving Death Valley StonesAt last, researchers have figured out the phenomenon known as the “sailing stones,” and the trails they leave, in the desert.



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Naked celebrity hack: security experts focus on iCloud backup theory

After intensive examination of file data leaked by one or more hackers, suspicion grows that iCloud backups were source of pictures though precise method of attack still unclear

Security experts are warning that there could be many more compromised celebrity iCloud accounts after examining file data from pictures stolen from stars including Jennifer Lawrence and Kate Upton.

One theory gaining ground is that many of the pictures had been accumulated by one hacker over a period of time – and were then popped by another hacker who somehow broke into a machine belonging to the first. Lending weight to that was that one of the earliest photos found in a cache released online dated to December 2011, while the most recent was from 14 August.

Continue reading…

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Naked celebrity hack: security experts focus on iCloud backup theory

After intensive examination of file data leaked by one or more hackers, suspicion grows that iCloud backups were source of pictures though precise method of attack still unclear

Security experts are warning that there could be many more compromised celebrity iCloud accounts after examining file data from pictures stolen from stars including Jennifer Lawrence and Kate Upton.

One theory gaining ground is that many of the pictures had been accumulated by one hacker over a period of time – and were then popped by another hacker who somehow broke into a machine belonging to the first. Lending weight to that was that one of the earliest photos found in a cache released online dated to December 2011, while the most recent was from 14 August.

Continue reading…

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Naked celebrity hack: security experts focus on iCloud backup theory

After intensive examination of file data leaked by one or more hackers, suspicion grows that iCloud backups were source of pictures though precise method of attack still unclear

Security experts are warning that there could be many more compromised celebrity iCloud accounts after examining file data from pictures stolen from stars including Jennifer Lawrence and Kate Upton.

One theory gaining ground is that many of the pictures had been accumulated by one hacker over a period of time – and were then popped by another hacker who somehow broke into a machine belonging to the first. Lending weight to that was that one of the earliest photos found in a cache released online dated to December 2011, while the most recent was from 14 August.

Continue reading…

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Radamel Falcaos obsession with goals will spur Manchester United

Since scoring his first professional goal at 14 the Colombian has grown into one of the worlds greatest strikers Continue reading…

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Radamel Falcaos obsession with goals will spur Manchester United

Since scoring his first professional goal at 14 the Colombian has grown into one of the worlds greatest strikers Continue reading…

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Radamel Falcaos obsession with goals will spur Manchester United

Since scoring his first professional goal at 14 the Colombian has grown into one of the worlds greatest strikers Continue reading…

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Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

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Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

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Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

Marijuana effect on drivers and deaths still hazy, researchers say

Marijuana effect on drivers and deaths still hazy, researchers say

Officials worry that marijuana consumption, like alcohol, will increase traffic incidents, but studies still lack answers

Continue reading…

Posted in Business, Latest News, US, World | Comments Off

UN to send investigators to Iraq over Islamic State ‘atrocities’

UN to send investigators to Iraq over Islamic State ‘atrocities’Jihadis and Iraqi government forces both carried out ‘acts of inhumanity’, says human rights commissioner Continue reading…

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UN to send investigators to Iraq over Islamic State ‘atrocities’

UN to send investigators to Iraq over Islamic State ‘atrocities’Jihadis and Iraqi government forces both carried out ‘acts of inhumanity’, says human rights commissioner Continue reading…

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UN to send investigators to Iraq over Islamic State ‘atrocities’

UN to send investigators to Iraq over Islamic State ‘atrocities’Jihadis and Iraqi government forces both carried out ‘acts of inhumanity’, says human rights commissioner Continue reading…

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UN to send investigators to Iraq over Islamic State ‘atrocities’

UN to send investigators to Iraq over Islamic State ‘atrocities’Jihadis and Iraqi government forces both carried out ‘acts of inhumanity’, says human rights commissioner Continue reading…

Posted in Business, Latest News, US, World | Comments Off

UN to send investigators to Iraq over Islamic State ‘atrocities’

UN to send investigators to Iraq over Islamic State ‘atrocities’Jihadis and Iraqi government forces both carried out ‘acts of inhumanity’, says human rights commissioner Continue reading…

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Biologist Climbs High to Prove Hypothesis About Trees

Biologist Climbs High to Prove Hypothesis About TreesA 20-year quest to prove a longstanding hypothesis about how nutrients are transported may come to an end thanks to tiny needles that probe leaves 40 feet up an oak tree.

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Biologist Climbs High to Prove Hypothesis About Trees

Biologist Climbs High to Prove Hypothesis About TreesA 20-year quest to prove a longstanding hypothesis about how nutrients are transported may come to an end thanks to tiny needles that probe leaves 40 feet up an oak tree.

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Biologist Climbs High to Prove Hypothesis About Trees

Biologist Climbs High to Prove Hypothesis About TreesA 20-year quest to prove a longstanding hypothesis about how nutrients are transported may come to an end thanks to tiny needles that probe leaves 40 feet up an oak tree.

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In Interviews, 3 Americans Held in North Korea Plead for U.S. Help

The three were interviewed by CNN and The Associated Press, and the choreography of the interviews suggested that North Korea wanted to use the prisoners as bargaining leverage.



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In Interviews, 3 Americans Held in North Korea Plead for U.S. Help

In Interviews, 3 Americans Held in North Korea Plead for U.S. HelpThe three were interviewed by CNN and The Associated Press, and the choreography of the interviews suggested that North Korea wanted to use the prisoners as bargaining leverage.



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In Interviews, 3 Americans Held in North Korea Plead for U.S. Help

In Interviews, 3 Americans Held in North Korea Plead for U.S. HelpThe three were interviewed by CNN and The Associated Press, and the choreography of the interviews suggested that North Korea wanted to use the prisoners as bargaining leverage.



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In Interviews, 3 Americans Held in North Korea Plead for U.S. Help

In Interviews, 3 Americans Held in North Korea Plead for U.S. HelpThe three were interviewed by CNN and The Associated Press, and the choreography of the interviews suggested that North Korea wanted to use the prisoners as bargaining leverage.



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Manchester United transfer spree reveals extent of Old Trafford upheaval

Radamel Falcaos arrival shows that Sir Alex Fergusons impregnable-seeming dynasty is being dismantled rapidly
Our transfer window interactive Continue reading…

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Manchester United transfer spree reveals extent of Old Trafford upheaval

Radamel Falcaos arrival shows that Sir Alex Fergusons impregnable-seeming dynasty is being dismantled rapidly
Our transfer window interactive Continue reading…

Posted in Sports, Top Stories | Comments Off

Manchester United transfer spree reveals extent of Old Trafford upheaval

Radamel Falcaos arrival shows that Sir Alex Fergusons impregnable-seeming dynasty is being dismantled rapidly
Our transfer window interactive Continue reading…

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Nato to create high-readiness force to counter Russian threat

Spearhead force will be made up of around 4,000 troops with capacity to ‘travel light but strike hard’, according to Nato

Nato is to create a 4,000-strong "spearhead" high-readiness force that can be deployed rapidly in eastern Europe and the Baltic states to help protect member nations against potential Russian aggression, according to Nato officials.

Leaders from the 28 Nato countries are expected to approve the plan at the alliance’s summit in Wales when the Ukraine crisis tops the agenda on Friday.

Continue reading…

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Nato to create high-readiness force to counter Russian threat

Spearhead force will be made up of around 4,000 troops with capacity to ‘travel light but strike hard’, according to Nato

Nato is to create a 4,000-strong "spearhead" high-readiness force that can be deployed rapidly in eastern Europe and the Baltic states to help protect member nations against potential Russian aggression, according to Nato officials.

Leaders from the 28 Nato countries are expected to approve the plan at the alliance’s summit in Wales when the Ukraine crisis tops the agenda on Friday.

Continue reading…

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Carlisle sack Graham Kavanagh after tipping point defeat at Cambridge

Relegated club have no wins from first five League Two games
They say team averaged one point a match under Kavanagh Continue reading…

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Carlisle sack Graham Kavanagh after tipping point defeat at Cambridge

Relegated club have no wins from first five League Two games
They say team averaged one point a match under Kavanagh Continue reading…

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Carlisle sack Graham Kavanagh after tipping point defeat at Cambridge

Relegated club have no wins from first five League Two games
They say team averaged one point a match under Kavanagh Continue reading…

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Manufacturing first in British economy to feel the heat from Ukraine crisis

Manufacturing first in British economy to feel the heat from Ukraine crisisPMI, a key monthly measure of business at UK factories, hits 14-month low, fanning fears overall economic growth is tailing off

Britain’s manufacturers suffered a sharp slowdown last month as the Ukraine crisis showed the first signs of hitting the UK economy.

A key monthly measure of business at Britain’s factories hit a 14-month low, fanning fears that overall economic growth is tailing off after a strong first half to 2014.

Continue reading…

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Manufacturing first in British economy to feel the heat from Ukraine crisis

Manufacturing first in British economy to feel the heat from Ukraine crisisPMI, a key monthly measure of business at UK factories, hits 14-month low, fanning fears overall economic growth is tailing off

Britain’s manufacturers suffered a sharp slowdown last month as the Ukraine crisis showed the first signs of hitting the UK economy.

A key monthly measure of business at Britain’s factories hit a 14-month low, fanning fears that overall economic growth is tailing off after a strong first half to 2014.

Continue reading…

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Manufacturing first in British economy to feel the heat from Ukraine crisis

Manufacturing first in British economy to feel the heat from Ukraine crisisPMI, a key monthly measure of business at UK factories, hits 14-month low, fanning fears overall economic growth is tailing off

Britain’s manufacturers suffered a sharp slowdown last month as the Ukraine crisis showed the first signs of hitting the UK economy.

A key monthly measure of business at Britain’s factories hit a 14-month low, fanning fears that overall economic growth is tailing off after a strong first half to 2014.

Continue reading…

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As Ukraine Talks Resume, Putin and Poroshenko Trade Barbs

Mediators held talks on the Ukrainian conflict on Monday, even as President Vladimir V. Putin accused Kiev of seeking to avoid autonomy for southeastern Ukraine.



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As Ukraine Talks Resume, Putin and Poroshenko Trade Barbs

As Ukraine Talks Resume, Putin and Poroshenko Trade BarbsMediators held talks on the Ukrainian conflict on Monday, even as President Vladimir V. Putin accused Kiev of seeking to avoid autonomy for southeastern Ukraine.



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As Ukraine Talks Resume, Putin and Poroshenko Trade Barbs

As Ukraine Talks Resume, Putin and Poroshenko Trade BarbsMediators held talks on the Ukrainian conflict on Monday, even as President Vladimir V. Putin accused Kiev of seeking to avoid autonomy for southeastern Ukraine.



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As Ukraine Talks Resume, Putin and Poroshenko Trade Barbs

As Ukraine Talks Resume, Putin and Poroshenko Trade BarbsMediators held talks on the Ukrainian conflict on Monday, even as President Vladimir V. Putin accused Kiev of seeking to avoid autonomy for southeastern Ukraine.



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Summer In …: On Rockaway Reef, Hoisting Dinner on the Point of a Spear

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Summer In …: On Rockaway Reef, Hoisting Dinner on the Point of a Spear

Summer In …: On Rockaway Reef, Hoisting Dinner on the Point of a SpearEschewing the traditional rod and reel, spearfisherman dive about 40 feet under brown-green water to capture bass, porgies and trigger fish.

Posted in Business, Latest News, US, World | Comments Off

Summer In …: On Rockaway Reef, Hoisting Dinner on the Point of a Spear

Summer In …: On Rockaway Reef, Hoisting Dinner on the Point of a SpearEschewing the traditional rod and reel, spearfisherman dive about 40 feet under brown-green water to capture bass, porgies and trigger fish.

Posted in Business, Latest News, US, World | Comments Off

Parents Who Took Ill Son Abroad Fight Order to Return to Britain

The parents of Ashya King, 5, who has a brain tumor, attended an extradition hearing in Spain, where they had taken their son after leaving a British hospital against doctors’ orders.



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A doomed Earth of science fiction may well become a reality

Our climate altering activities are hurtling us towards the fictional future of a hot, melting world

Continue reading…

Posted in Environment | Leave a comment

A doomed Earth of science fiction may well become a reality

Our climate altering activities are hurtling us towards the fictional future of a hot, melting world

Continue reading…

Posted in Environment | Leave a comment

Edinburgh panda may have miscarried

Edinburgh panda may have miscarriedEdinburgh Zoo is concerned that the UK’s only female giant panda may no longer be pregnant.

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Edinburgh panda may have miscarried

Edinburgh panda may have miscarriedEdinburgh Zoo is concerned that the UK’s only female giant panda may no longer be pregnant.

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Edinburgh panda may have miscarried

Edinburgh panda may have miscarriedEdinburgh Zoo is concerned that the UK’s only female giant panda may no longer be pregnant.

Posted in Business, Latest News, US, World | Comments Off

Ride commemorates WW1 cavalry role

Ride commemorates WW1 cavalry roleThe War Horse Ride, commemorating the part played by British and French cavalry during World War One, ends in the French town of Nery.

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Ride commemorates WW1 cavalry role

Ride commemorates WW1 cavalry roleThe War Horse Ride, commemorating the part played by British and French cavalry during World War One, ends in the French town of Nery.

Posted in Business, Latest News, US, World | Comments Off

Ride commemorates WW1 cavalry role

Ride commemorates WW1 cavalry roleThe War Horse Ride, commemorating the part played by British and French cavalry during World War One, ends in the French town of Nery.

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British Ebola patient ‘pretty well’

British Ebola patient ‘pretty well’The parents of the first British person to contract Ebola during the outbreak in West Africa say he is recovering well.

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British Ebola patient ‘pretty well’

British Ebola patient ‘pretty well’The parents of the first British person to contract Ebola during the outbreak in West Africa say he is recovering well.

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British Ebola patient ‘pretty well’

British Ebola patient ‘pretty well’The parents of the first British person to contract Ebola during the outbreak in West Africa say he is recovering well.

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‘Cloud’ concerns after celeb leaks

‘Cloud’ concerns after celeb leaksExperts have raised concerns over the security of “cloud” storage sites following the leak of intimate pictures of celebrities.

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‘Cloud’ concerns after celeb leaks

‘Cloud’ concerns after celeb leaksExperts have raised concerns over the security of “cloud” storage sites following the leak of intimate pictures of celebrities.

Posted in Business, Latest News, US, World | Comments Off

‘Cloud’ concerns after celeb leaks

‘Cloud’ concerns after celeb leaksExperts have raised concerns over the security of “cloud” storage sites following the leak of intimate pictures of celebrities.

Posted in Business, Latest News, US, World | Comments Off

China’s Factories Slowing, Surveys Show

At the same time, surveys of purchasing managers across Asia told a tale of fewer new orders and faltering exports, but with brighter spots like India and Taiwan.



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BBC News staff vote to strike

BBC News staff vote to strikeNUJ and Bectu members back industrial action over plans to cut more than 400 posts as part of savings initiative Continue reading…

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BBC News staff vote to strike

BBC News staff vote to strikeNUJ and Bectu members back industrial action over plans to cut more than 400 posts as part of savings initiative Continue reading…

Posted in Business, Latest News, US, World | Comments Off

BBC News staff vote to strike

BBC News staff vote to strikeNUJ and Bectu members back industrial action over plans to cut more than 400 posts as part of savings initiative Continue reading…

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Radamel Falcao to join Manchester United on a season’s loan video

Manchester United agree a season-long loan for Radamel Falcao after paying a fee thought to be no more than £6m. Manchester United have already signed Luke Shaw, Ander Herrera, Marcos Rojo and Ángel di María during the transfer window and the club will have the option of signing the 28-year-old Falcao on a permanent deal at the end of the season. Falcao has recently returned from a serious knee injury and was on a £300,000-a-week deal at Monaco, though Manchester United are not expected to pay all of his wages Continue reading…

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Radamel Falcao to join Manchester United on a season’s loan video

Manchester United agree a season-long loan for Radamel Falcao after paying a fee thought to be no more than £6m. Manchester United have already signed Luke Shaw, Ander Herrera, Marcos Rojo and Ángel di María during the transfer window and the club will have the option of signing the 28-year-old Falcao on a permanent deal at the end of the season. Falcao has recently returned from a serious knee injury and was on a £300,000-a-week deal at Monaco, though Manchester United are not expected to pay all of his wages Continue reading…

Posted in Sports, Top Stories | Comments Off

Radamel Falcao to join Manchester United on a season’s loan video

Manchester United agree a season-long loan for Radamel Falcao after paying a fee thought to be no more than £6m. Manchester United have already signed Luke Shaw, Ander Herrera, Marcos Rojo and Ángel di María during the transfer window and the club will have the option of signing the 28-year-old Falcao on a permanent deal at the end of the season. Falcao has recently returned from a serious knee injury and was on a £300,000-a-week deal at Monaco, though Manchester United are not expected to pay all of his wages Continue reading…

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Solar Company Seeks Stiff U.S. Tariffs to Deter Chinese Spying

An Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.



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Trade Duties Urged as New Deterrent Against Cybertheft

Trade Duties Urged as New Deterrent Against CybertheftAn Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.



Posted in Business, Top Stories | Comments Off

Trade Duties Urged as New Deterrent Against Cybertheft

Trade Duties Urged as New Deterrent Against CybertheftAn Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.



Posted in Business, Top Stories | Comments Off

Trade Duties Urged as New Deterrent Against Cybertheft

Trade Duties Urged as New Deterrent Against CybertheftAn Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.



Posted in Business, Top Stories | Comments Off

Trade Duties Urged as New Deterrent Against Cybertheft

Trade Duties Urged as New Deterrent Against CybertheftAn Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.



Posted in Business, Latest News, US, World | Comments Off

Trade Duties Urged as New Deterrent Against Cybertheft

Trade Duties Urged as New Deterrent Against CybertheftAn Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.



Posted in Business, Latest News, US, World | Comments Off

Putin blamed as UK factories suffer slowdown; Germany posts first surplus since 1991 – business live

Putin blamed as UK factories suffer slowdown; Germany posts first surplus since 1991 – business live

Rolling business and financial news, as the latest Purchasing Managers reports show a slowdown across Britains manufacturing base.

5.20pm BST

Time to recap.

Britains economic recovery has taken a knock after growth across the countrys factories slowed to the slowest rate in 14 months.

It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone.

It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and the Middle East, as opposed to our European partners.

Russias escalation of the conflict in Ukraine has taken a toll on the internationally exposed manufacturing sector, and that effect could yet worsen further in the coming months given recent confidence drops in the more directly exposed core European economies.

Eurozone factory growth hits 13-month low as France and Italy struggle http://t.co/PZGWfnoJVx pic.twitter.com/DDgtOlEm2K

In other European countries the figures will give confirmation to those who expect more fiscal policy impetus from Germany,

4.48pm BST

Over in Greece, finance minister Gikas Hardouvelis has been making strenuous efforts to lower expectations around the talks that begin with the countrys creditors in Paris on Tuesday.

We are not imposing red lines. We have increased the speed of our work. The fact that we are meeting tomorrow forced us to work all of August and we have moved forward with many structural reforms. We will mostly discuss them, it will be a wide-ranging discussion . the bar has been raised.

We have to bear in mind who the counterparties are. They are members of the International Monetary Fund, the (European) Commission, and the European Central Bank.

You must understand their limits. They cannot speak politically.

4.44pm BST

Germany’s Schäuble speaking on the European financial project, cites Bill Clinton "It’s integration, stupid."

4.37pm BST

OK, the word on the wires is that the German finance minister is calling for tougher controls of national budgets, effectively enforcing tighter fiscal control across the eurozone:

German FinMin Schaeuble calls for EC powers to block national budgets, says Euro region should have its own parliament

4.25pm BST

Or perhaps not…

Germany’s Schaeuble Says Too Many Eu Colleagues Think That Should Be Corrected With Public Investments

4.24pm BST

Germanys finance minister, Wolfgang Schäuble, appears to be trolling the rest of the eurozone:

@minefornothing I know right! I’m shouting at livesquawk right now

3.52pm BST

The final PMI report of the day has just arrived, from Mexico, and its factory sector has grown at a faster rate in August.

The Mexico manufacturing PMI rose to 52.1, from the nine-month low of 51.5 recorded in July.

Our final #PMI result for today: HSBC Mexico Manufacturing PMI @ 52.1 in August (Jul: 51.5) http://t.co/OJEqMpeNTD

3.32pm BST

The crisis gripping Portugals Espírito Santo conglomerate has taken another twist today.

The WSJ reports that Goldman Sachs lent around $835m to Banco Espírito Santo in July, when the troubles of its parent company were already making it hard to access funds.

#Goldman Loaned $835 Million to Banco Espirito Santo in July: WSJ..ouch! #paintrade #BES #BancoEspiritoSanto #GS

God works in mysterious ways after all… Goldman Sachs Made Big Loan to Banco Espírito Santo Shortly Before Collapse http://t.co/Cvu8wDeX3f

3.03pm BST

Mohamed El-Erian, chief economic adviser of Allianz (and formally of bond-trading giant Pimco), agrees that this mornings eurozone factory data shows the economy weakening:

This mornings #PMI data point to weakening growth dynamics in #Europe with exception of #Greece and #Ireland @WSJ http://t.co/5eUmBE9Xns

2.41pm BST

Over in Greece, the prime minister has vowed to make a dent in the countrys perilously high jobless total.

Unemployment is societys most insidious and tough enemy because it undermines the dreams of youth, Samaras said

For the first time in 24 quarters there is a projected GDP increase while there is a forecast for new 770,000 jobs by 2020, the conservative premier said.

2.15pm BST

Another PMI report just landed, showing that Brazils factory sector has returned to (modest) growth last month.

Brazilian manufacturing PMI broke over the 50-point mark, which splits expansion from contraction, for the first time since March, rising to 50.2 from 49.1 in July.

HSBC Brazil Manufacturing #PMI posts 50.2 in August, (Jul: 49.1). Although marginal, first >50.0 reading in 5 months. http://t.co/8AwAD6WZxi

The HSBC Brazil Manufacturing PMI index suggests that business activity improved modestly in August in what may have been a rebound following the disruptions caused by the FIFA World Cup.

The headline PMI index rose from 49.1 in July to 50.2 in August the first above-50 reading since March, on the back of a sizeable rebound in production. However, new orders remain flat relative to the last month, suggesting that the outlook for the sector remains weak.

2.05pm BST

The slowdown in eurozone manufacturing growth has helped to push the main European markets into the red, on a generally tedious trading session.

The Italian stock market is down almost 0.5%, after its factories reported an unwelcome drop in activity. Frances CAC index is in the red too, while the German and UK markets are hovering.

1.26pm BST

Analysts at M&Gs Bond Vigilantes arm point out that Germany has reached a surplus despite weak growth in the last six months:

Germany had 1st budget surplus in H1 since 1991, despite GDP growth of just 0.5%. Note to UK- THAT is austerity http://t.co/g87RcIWESh

1.07pm BST

Theres also chatter that the new sanctions on Russia could hit its high-tech gas supply industry.

"@cigolo: Ban on buying Russian bonds eyed as EU envoys meet-sources High technology for gas excavation also under consideration"

1.04pm BST

Interesting… EU leaders are going to consider a ban on Europeans buying Russian government bonds, according to a Reuters newswire snap.

RTRS – BAN ON EUROPEANS BUYING RUSSIAN GOVERNMENT BONDS TO BE DISCUSSED AT EU TALKS ON FURTHER SANCTIONS – SOURCES woof woof

12.53pm BST

A reminder of how labours share of the pie has been nibbled away since the post-war days:

"Happy" Labor Day America. RT @conradhackett: GRAPH: The decline of wages as a share of US GDP pic.twitter.com/VsskTK32S2

12.48pm BST

Hats off to James Ashton, executive editor at the Evening Standard and the Independent, for bagging the first interview with Tescos new boss, Dave Lewis.

Lewis, who started at Tesco this morning, mainly focuses on his work at Unilever (launching Dove in the UK, making shampoo more glamorous, etc), but theres a few hints about his style.

How can I help you? he shoots across the table, pleasantries aside. No wonder Lewis has a reputation for putting the customer first. He is slick, but later comes a confession.

I am wonderfully naïve about some of the stuff that is going to come but that is fine, it has served me well up to now, he says, vowels flat from his Yorkshire upbringing. I will do what I have to do tomorrow in the same way that I did things yesterday.

I needed to find out for myself whether I can lead a whole business, Lewis says. Some people think that is crazy given some of the jobs I have done but actually I dont think you know whether you can truly lead a business until you sit in that seat.

It’s Day One for Tesco’s Dave Lewis. Read the first interview here http://t.co/ndhFqxVeDJ

12.30pm BST

Back to Germany, and the eurozones largest economy has officially posted its first surplus since reunification, for the first six months of this year.

The Federal Statistical Office, Destatis, reported that Germanys general government achieved a surplus of 16.1bn in January-June, or around +1.1% of GDP.

It’s official, Germany had its first GG surplus (+1.1% GDP) in 23 years. There must be *some* room for flexibility. http://t.co/t0TR7sGcrT

First we have to see if the economic forecasts remain as they are. If we have more money, if in doubt we will spend it in the area of investment.

It is absolutely right for the topic of investment to be so prominent.

11.45am BST

The escalating dispute between Russia and Ukraine has also driven the ruble down to a fresh record low today.

A bout of early selling pushed the ruble down by around 1%, so that $1 was now worth 37.6 rubles.

Ruble Falls to Record, 10yr yield jumps to highest in 5years as #Russia sanctions loom. http://t.co/WjimOFvdnH pic.twitter.com/ynFb2LahNF

Developments in the Ukraine will eminently also continue to cast a long shadow, and will obviously be the main topic for discussion at this weeks NATO Summit in the UK, with the weekend call from some US senators to arm the Ukraine and Putins call for an independent state in the Ukraine underlining alarming similarities to the antecedents to World War I.

11.16am BST

Martin Beck, senior economic advisor to the EY ITEM Club, also fears that Britains economy is becoming more unbalanced.

Hes worried by the August factory slowdown, and the jump in unsecured lending to consumers in July (see here), saying:

The combination of todays data suggests that the UKs expansion is in danger of losing its balance. In early 2014, investment and exports offered solid support to GDP growth and reduced the economys reliance on consumer spending and the housing sector.

But there is now concern that the UK is in danger of repeating the problems of the past.

11.09am BST

We should remember that Britains factory sector has been declining as a proportion of the overall economy for decades.

This chart, from Bloombergs UK economist1 Jamie Murray, shows how overall UK GDP has grown much faster than the manufacturing sector since the mid 1970s.

@graemewearden stable GDP share optimistic for a sector that has lost average of 29000 jobs every quarter since 1978 pic.twitter.com/2276XGqFkS

10.53am BST

And heres some full reaction from Jeremy Cook, World Firsts chief economist, to the UK factory slowdown:

While growth has remained positive, manufacturing is now expanding at the slowest rate since June of last year.

Output and new orders for UK manufactured goods continued positively, but the slowing of growth has meant that employment change is at its weakest in 14 months.

10.33am BST

Heres a news story on the slowdown in Britains factories:

UK manufacturing PMI hits 14-month low in August

10.26am BST

In other British economic news, the number of mortgages being approved has fallen.

Just 66,569 new home loans were approved in July, down from 67,085 in June. That suggests the market is cooling somewhat as recent affordability tests hit home.

10.12am BST

Rob Wood of Berenberg bank lays the blame for Britains factory slowdown firmly at the feet of Vladimir Putin.

Wood warns that the escalating tensions with Ukraine could hurt UK growth this year, and in 2015.

Putin hits UK manufacturing.

The manufacturing PMI fell sharply to a 14 month low of 52.5, down from 55.4 in July and below consensus expectations. Russias escalation of the conflict in Ukraine has taken a toll on the internationally exposed manufacturing sector, and that effect could yet worsen further in the coming months given recent confidence drops in the more directly exposed core European economies. These developments pose a serious downside risk to growth this year and next.

So far then increased international uncertainty is probably affecting exports and investment plans the most, and could return the UK to the lopsided consumer led recovery seen last year.

10.05am BST

Mike Rigby, head of manufacturing at Barclays, says todays PMI survey shows UK factories havent achieved faster export growth:

Growth in manufacturing continues but at a more controlled level than we have seen so far this year. Although there is still a confident buzz amongst manufacturers, the fragility of a recovery which continues to rely heavily on consumer spending is still an underlying cause for concern.

A much-needed boost in export orders is yet to materialise but is becoming increasingly important if the UK manufacturing recovery is to rebalance and become more sustainable.

10.00am BST

David Noble, CEO of the Chartered Institute of Purchasing & Supply, agrees that this mornings PMI report shows the UK factory sector is slowing.

UK manufacturers were walking rather than running in August as the sectors performance fell to a 14-month low and growth began to slow further. There is a distinct easing across the breadth of UK manufacturing, with growth in output, new orders and employment all reducing to a more pedestrian level.

Growth in new export orders has slowed to a five- month low against a backdrop of market uncertainty and increasing geo-political tensions. To help plug the hole left by a faltering Eurozone, manufacturers are finding new markets in North America and the Middle East. Vitally however, manufacturers continue to anticipate growth for the foreseeable future, with SMEs in particular, still hiring to catch up with one and a half years of consecutive output and new order growth.

9.52am BST

Jeremy Cook, economist at World First, fears that the recent revival in Britains factory sector may have run its course:

While the worst days of the recession are definitely behind us, UK PMI survey also suggests that the finest days of the recovery are too

9.42am BST

There is bad news in the UK too — Britains factory sector has reported a bigger than expected drop in growth last month.

Geopolitical tensions, such as the Ukraine crisis, appear to be hitting growth in the sector after a strong performance over the last year. Europes economic malaise is also hurting manufacturers.

It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone. It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and the Middle East, as opposed to our European partners.

It therefore looks as if manufacturing will provide a lesser contribution to the UK economic growth story in the third quarter than at the start of the year.

Another sign that the UK economic boom is fading as the August manufacturing #PMI falls to 52.5 #GBP

9.32am BST

Some early reaction to the news that eurozone factory growth slowed last month:

Another bad day for #euro zone econ data, #Germany slowing down too. Pressure on #ECB mounts.

Overall picture of manufacturing in eurozone: Activity slowing – although some growth, prices hardly increasing. Ukraine a factor #eurozone

9.21am BST

And the upshot of all this mornings data is that the Eurozones manufacturing sector has just recorded its weakest growth in 13 months, adding to pressure on policymakers to take more action.

The big-three nations of Germany, France and Italy all reported job losses, as did Greece. Staffing rose in Spain, the Netherlands, Austria and Ireland, but Ireland was the only nation to report a faster pace of hiring than in July.

National data provided some bright spots, with the Irish numbers still buoyant and signs that Greece managed to move back into expansion territory. France remains a real concern though, with its manufacturing sector contracting at the quickest pace since May 2013, as does Italys descent from solid expansion to stagnation. Signs that growth impetus waned in the key industrial engine of Germany, and in Spain and the Netherlands too, is also less than reassuring.

The slowdown in industry is likely to add further fuel to the fire for analysts expecting additional monetary or fiscal stimulus to be implemented. Eyes will now turn to the services PMI numbers on Wednesday for further clues on underlying growth momentum and whether policymakers can continue to wait for earlier measures to start to deliver.

9.07am BST

Better news from Greece; factories have reported their first growth since May, with the PMI inching over the 50-point mark.

Greek manufacturing output returns to growth in August, headline #PMI at 50.1 (48.7 in July) http://t.co/mg3umTxSXR pic.twitter.com/SPR2oqB8Ky

9.06am BST

German factory sector has grown at its slowest rate in 11 months, with its manufacturing PMI dipping to 51.4 from 52.4 in July.

Markit economist Oliver Kolodseike warns that:

Warning lights are flashing in Germanys goods-producing sector,

9.00am BST

The decline in Frances factory sector has accelerated, as Europes second largest economy still struggles.

The French manufacturing PMI has slipped to just 46.9, well below the 50-point mark that separates expansion from contraction. Thats the lowest reading in 13 months.

The latest disappointing PMI data for Frances manufacturing sector underline its ongoing struggles, with new orders sinking further in a fragile demand environment. Sharply falling output led firms to cut back employment, purchasing and stock levels further in August.

This sort of across- the-board weakness has been a common theme in recent months and there remains very little to suggest any turnaround in fortunes will be imminent.

And the beat goes on in #France as its manufacturing #PMI falls to 46.9 in August #Euro

8.55am BST

Bad news from Italy. Its factory sector has suffered its first drop in activity in over a year.

The Italian manufacturing PMI fell to 49.8 in August, down from 51.9 in July. Its the first time since June 2013 that the index has fallen below the 50-point mark.

Italian manufacturing sector contracts for first time in over a year. PMI falls to 49.8 in Aug from 51.9 in July, expected 50.8.

8.51am BST

As flagged in the intro, Germanys Federal Statistics Office has confirmed that its economy contracted by 0.2% in the second quarter of this year.

That matches the first estimate of GDP, released last month.

German GDP slump largely construction. Net trade also a drag. Big inventory build-up. Outlook weak. pic.twitter.com/7sfORwLIKf

8.38am BST

Back to those PMI reports… and the Dutch manufacturing sector has grown at its slowest rate in over a year.

The Netherlands manufacturing PMI dipped to 51.7, from 53.3 in July. That still shows that activity expanded, but rather less vigorously. Output, new orders, and employment growth all slowed.

8.36am BST

Shares in Tesco have fallen by over 1.5% this morning as the City gives new chief executive Dave Lewis a cautious reception.

Lewis has been rushed into the supermarket to take charge a month early, after last Fridays nasty profits warning.

8.28am BST

Spain Manufacturing PMI (Aug) comes in weaker than expected at 52.8, exp 53.3

Spanish manuf PMI – input prices still rising, but output prices down to a 5-month low (48.8).

8.25am BST

Onto Spain, and its factory sector has just recorded its ninth expansion in a row.

Growth has slowed, though, with Markits manufacturing PMI dropping to 52.8 from 53.9 in July. Thats still a fairly decent rate of expansion, given weakness in other parts of the eurozone, although slower than expected.

Spains manufacturing expansion slows in August, with the headline #PMI at 52.8 (July: 53.9) http://t.co/mTTVcfzrJW pic.twitter.com/QAknqPrgR8

However, mfg orders in Spain rose at quickest pace in +7 years. Charted against Quantity of Purchases Index here: pic.twitter.com/eSQ4toOOtj

8.13am BST

Russias manufacturing sector has posted a small rise in activity last month, with its manufacturing PMI unchanged at 51.0.

President Putins recent policy of import substitution (encouraging firms to use domestic products rather than overseas goods) appears to be stimulating activity. New orders rose at the fastest pace in a year.

The overall impact of import substitution on the Russian economy appears to be negative.

Indeed, large scale import substitution typically leads to higher costs and output prices growth, deducting from private consumption more than manufacturers add on the production side.

8.03am BST

Taiwan has posted the strongest PMI report this morning, with new factory orders rising at the fastest rate in 42 months.

But Indonesias manufacturing sector contracted for the first time in a year:

Taiwan tops the Asian manufacturing #PMI table for the third month running in August pic.twitter.com/Ueac7PPm3A

7.53am BST

Irelands factories have just expanded at their fastest rate in 15 years, helped by a big jump in new orders from Britain.

The latest purchasing managers survey, which is produced by Investec, found a marked improvement in the health of the Irish manufacturing sector, with output and new orders both accelerating.

This is a strong outcome, particularly when framed against the backdrop of weakening signs from some Eurozone trading partners of late, although the prognosis for Irelands other key export markets (the US and UK) remains encouraging.

With manufacturing firms in Ireland stepping up their purchasing and hiring activity, it is clear that they are optimistic of a strong finish to the year and, while noting that the risks to global growth and (not unrelated) geopolitical tensions have increased in recent months, we expect to see continued progress into 2015.

7.45am BST

There are new fears that Chinas factory sector is slowing, after two surveys of the countrys manufacturers came in weaker than expected.

HSBCs monthly China Manufacturing survey has found that output and new order growth slowed last month, as firms continued to shed job.

Overall, the manufacturing sector still expanded in August, but at a slower pace compared to previous months. We think the economy still faces considerable downside risks to growth in the second half of the year, which warrant further policy easing to ensure a steady growth recovery.

7.39am BST

Good morning, and welcome to our rolling coverage of the financial markets, the world, economy, the eurozone and business.

Were starting the week with a splurge of economic surveys of manufacturing sectors across the globe.

Something of a tumbleweed open seen for share markets as September trading gets underway. Financial bookies: FTSE100 +1, DAX FLAT, CAC40 +2

Continue reading…

Posted in Business, Top Stories | Comments Off

Putin blamed as UK factories suffer slowdown; Germany posts first surplus since 1991 – business live

Putin blamed as UK factories suffer slowdown; Germany posts first surplus since 1991 – business live

Rolling business and financial news, as the latest Purchasing Managers reports show a slowdown across Britains manufacturing base.

5.20pm BST

Time to recap.

Britains economic recovery has taken a knock after growth across the countrys factories slowed to the slowest rate in 14 months.

It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone.

It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and the Middle East, as opposed to our European partners.

Russias escalation of the conflict in Ukraine has taken a toll on the internationally exposed manufacturing sector, and that effect could yet worsen further in the coming months given recent confidence drops in the more directly exposed core European economies.

Eurozone factory growth hits 13-month low as France and Italy struggle http://t.co/PZGWfnoJVx pic.twitter.com/DDgtOlEm2K

In other European countries the figures will give confirmation to those who expect more fiscal policy impetus from Germany,

4.48pm BST

Over in Greece, finance minister Gikas Hardouvelis has been making strenuous efforts to lower expectations around the talks that begin with the countrys creditors in Paris on Tuesday.

We are not imposing red lines. We have increased the speed of our work. The fact that we are meeting tomorrow forced us to work all of August and we have moved forward with many structural reforms. We will mostly discuss them, it will be a wide-ranging discussion . the bar has been raised.

We have to bear in mind who the counterparties are. They are members of the International Monetary Fund, the (European) Commission, and the European Central Bank.

You must understand their limits. They cannot speak politically.

4.44pm BST

Germany’s Schäuble speaking on the European financial project, cites Bill Clinton "It’s integration, stupid."

4.37pm BST

OK, the word on the wires is that the German finance minister is calling for tougher controls of national budgets, effectively enforcing tighter fiscal control across the eurozone:

German FinMin Schaeuble calls for EC powers to block national budgets, says Euro region should have its own parliament

4.25pm BST

Or perhaps not…

Germany’s Schaeuble Says Too Many Eu Colleagues Think That Should Be Corrected With Public Investments

4.24pm BST

Germanys finance minister, Wolfgang Schäuble, appears to be trolling the rest of the eurozone:

@minefornothing I know right! I’m shouting at livesquawk right now

3.52pm BST

The final PMI report of the day has just arrived, from Mexico, and its factory sector has grown at a faster rate in August.

The Mexico manufacturing PMI rose to 52.1, from the nine-month low of 51.5 recorded in July.

Our final #PMI result for today: HSBC Mexico Manufacturing PMI @ 52.1 in August (Jul: 51.5) http://t.co/OJEqMpeNTD

3.32pm BST

The crisis gripping Portugals Espírito Santo conglomerate has taken another twist today.

The WSJ reports that Goldman Sachs lent around $835m to Banco Espírito Santo in July, when the troubles of its parent company were already making it hard to access funds.

#Goldman Loaned $835 Million to Banco Espirito Santo in July: WSJ..ouch! #paintrade #BES #BancoEspiritoSanto #GS

God works in mysterious ways after all… Goldman Sachs Made Big Loan to Banco Espírito Santo Shortly Before Collapse http://t.co/Cvu8wDeX3f

3.03pm BST

Mohamed El-Erian, chief economic adviser of Allianz (and formally of bond-trading giant Pimco), agrees that this mornings eurozone factory data shows the economy weakening:

This mornings #PMI data point to weakening growth dynamics in #Europe with exception of #Greece and #Ireland @WSJ http://t.co/5eUmBE9Xns

2.41pm BST

Over in Greece, the prime minister has vowed to make a dent in the countrys perilously high jobless total.

Unemployment is societys most insidious and tough enemy because it undermines the dreams of youth, Samaras said

For the first time in 24 quarters there is a projected GDP increase while there is a forecast for new 770,000 jobs by 2020, the conservative premier said.

2.15pm BST

Another PMI report just landed, showing that Brazils factory sector has returned to (modest) growth last month.

Brazilian manufacturing PMI broke over the 50-point mark, which splits expansion from contraction, for the first time since March, rising to 50.2 from 49.1 in July.

HSBC Brazil Manufacturing #PMI posts 50.2 in August, (Jul: 49.1). Although marginal, first >50.0 reading in 5 months. http://t.co/8AwAD6WZxi

The HSBC Brazil Manufacturing PMI index suggests that business activity improved modestly in August in what may have been a rebound following the disruptions caused by the FIFA World Cup.

The headline PMI index rose from 49.1 in July to 50.2 in August the first above-50 reading since March, on the back of a sizeable rebound in production. However, new orders remain flat relative to the last month, suggesting that the outlook for the sector remains weak.

2.05pm BST

The slowdown in eurozone manufacturing growth has helped to push the main European markets into the red, on a generally tedious trading session.

The Italian stock market is down almost 0.5%, after its factories reported an unwelcome drop in activity. Frances CAC index is in the red too, while the German and UK markets are hovering.

1.26pm BST

Analysts at M&Gs Bond Vigilantes arm point out that Germany has reached a surplus despite weak growth in the last six months:

Germany had 1st budget surplus in H1 since 1991, despite GDP growth of just 0.5%. Note to UK- THAT is austerity http://t.co/g87RcIWESh

1.07pm BST

Theres also chatter that the new sanctions on Russia could hit its high-tech gas supply industry.

"@cigolo: Ban on buying Russian bonds eyed as EU envoys meet-sources High technology for gas excavation also under consideration"

1.04pm BST

Interesting… EU leaders are going to consider a ban on Europeans buying Russian government bonds, according to a Reuters newswire snap.

RTRS – BAN ON EUROPEANS BUYING RUSSIAN GOVERNMENT BONDS TO BE DISCUSSED AT EU TALKS ON FURTHER SANCTIONS – SOURCES woof woof

12.53pm BST

A reminder of how labours share of the pie has been nibbled away since the post-war days:

"Happy" Labor Day America. RT @conradhackett: GRAPH: The decline of wages as a share of US GDP pic.twitter.com/VsskTK32S2

12.48pm BST

Hats off to James Ashton, executive editor at the Evening Standard and the Independent, for bagging the first interview with Tescos new boss, Dave Lewis.

Lewis, who started at Tesco this morning, mainly focuses on his work at Unilever (launching Dove in the UK, making shampoo more glamorous, etc), but theres a few hints about his style.

How can I help you? he shoots across the table, pleasantries aside. No wonder Lewis has a reputation for putting the customer first. He is slick, but later comes a confession.

I am wonderfully naïve about some of the stuff that is going to come but that is fine, it has served me well up to now, he says, vowels flat from his Yorkshire upbringing. I will do what I have to do tomorrow in the same way that I did things yesterday.

I needed to find out for myself whether I can lead a whole business, Lewis says. Some people think that is crazy given some of the jobs I have done but actually I dont think you know whether you can truly lead a business until you sit in that seat.

It’s Day One for Tesco’s Dave Lewis. Read the first interview here http://t.co/ndhFqxVeDJ

12.30pm BST

Back to Germany, and the eurozones largest economy has officially posted its first surplus since reunification, for the first six months of this year.

The Federal Statistical Office, Destatis, reported that Germanys general government achieved a surplus of 16.1bn in January-June, or around +1.1% of GDP.

It’s official, Germany had its first GG surplus (+1.1% GDP) in 23 years. There must be *some* room for flexibility. http://t.co/t0TR7sGcrT

First we have to see if the economic forecasts remain as they are. If we have more money, if in doubt we will spend it in the area of investment.

It is absolutely right for the topic of investment to be so prominent.

11.45am BST

The escalating dispute between Russia and Ukraine has also driven the ruble down to a fresh record low today.

A bout of early selling pushed the ruble down by around 1%, so that $1 was now worth 37.6 rubles.

Ruble Falls to Record, 10yr yield jumps to highest in 5years as #Russia sanctions loom. http://t.co/WjimOFvdnH pic.twitter.com/ynFb2LahNF

Developments in the Ukraine will eminently also continue to cast a long shadow, and will obviously be the main topic for discussion at this weeks NATO Summit in the UK, with the weekend call from some US senators to arm the Ukraine and Putins call for an independent state in the Ukraine underlining alarming similarities to the antecedents to World War I.

11.16am BST

Martin Beck, senior economic advisor to the EY ITEM Club, also fears that Britains economy is becoming more unbalanced.

Hes worried by the August factory slowdown, and the jump in unsecured lending to consumers in July (see here), saying:

The combination of todays data suggests that the UKs expansion is in danger of losing its balance. In early 2014, investment and exports offered solid support to GDP growth and reduced the economys reliance on consumer spending and the housing sector.

But there is now concern that the UK is in danger of repeating the problems of the past.

11.09am BST

We should remember that Britains factory sector has been declining as a proportion of the overall economy for decades.

This chart, from Bloombergs UK economist1 Jamie Murray, shows how overall UK GDP has grown much faster than the manufacturing sector since the mid 1970s.

@graemewearden stable GDP share optimistic for a sector that has lost average of 29000 jobs every quarter since 1978 pic.twitter.com/2276XGqFkS

10.53am BST

And heres some full reaction from Jeremy Cook, World Firsts chief economist, to the UK factory slowdown:

While growth has remained positive, manufacturing is now expanding at the slowest rate since June of last year.

Output and new orders for UK manufactured goods continued positively, but the slowing of growth has meant that employment change is at its weakest in 14 months.

10.33am BST

Heres a news story on the slowdown in Britains factories:

UK manufacturing PMI hits 14-month low in August

10.26am BST

In other British economic news, the number of mortgages being approved has fallen.

Just 66,569 new home loans were approved in July, down from 67,085 in June. That suggests the market is cooling somewhat as recent affordability tests hit home.

10.12am BST

Rob Wood of Berenberg bank lays the blame for Britains factory slowdown firmly at the feet of Vladimir Putin.

Wood warns that the escalating tensions with Ukraine could hurt UK growth this year, and in 2015.

Putin hits UK manufacturing.

The manufacturing PMI fell sharply to a 14 month low of 52.5, down from 55.4 in July and below consensus expectations. Russias escalation of the conflict in Ukraine has taken a toll on the internationally exposed manufacturing sector, and that effect could yet worsen further in the coming months given recent confidence drops in the more directly exposed core European economies. These developments pose a serious downside risk to growth this year and next.

So far then increased international uncertainty is probably affecting exports and investment plans the most, and could return the UK to the lopsided consumer led recovery seen last year.

10.05am BST

Mike Rigby, head of manufacturing at Barclays, says todays PMI survey shows UK factories havent achieved faster export growth:

Growth in manufacturing continues but at a more controlled level than we have seen so far this year. Although there is still a confident buzz amongst manufacturers, the fragility of a recovery which continues to rely heavily on consumer spending is still an underlying cause for concern.

A much-needed boost in export orders is yet to materialise but is becoming increasingly important if the UK manufacturing recovery is to rebalance and become more sustainable.

10.00am BST

David Noble, CEO of the Chartered Institute of Purchasing & Supply, agrees that this mornings PMI report shows the UK factory sector is slowing.

UK manufacturers were walking rather than running in August as the sectors performance fell to a 14-month low and growth began to slow further. There is a distinct easing across the breadth of UK manufacturing, with growth in output, new orders and employment all reducing to a more pedestrian level.

Growth in new export orders has slowed to a five- month low against a backdrop of market uncertainty and increasing geo-political tensions. To help plug the hole left by a faltering Eurozone, manufacturers are finding new markets in North America and the Middle East. Vitally however, manufacturers continue to anticipate growth for the foreseeable future, with SMEs in particular, still hiring to catch up with one and a half years of consecutive output and new order growth.

9.52am BST

Jeremy Cook, economist at World First, fears that the recent revival in Britains factory sector may have run its course:

While the worst days of the recession are definitely behind us, UK PMI survey also suggests that the finest days of the recovery are too

9.42am BST

There is bad news in the UK too — Britains factory sector has reported a bigger than expected drop in growth last month.

Geopolitical tensions, such as the Ukraine crisis, appear to be hitting growth in the sector after a strong performance over the last year. Europes economic malaise is also hurting manufacturers.

It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone. It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and the Middle East, as opposed to our European partners.

It therefore looks as if manufacturing will provide a lesser contribution to the UK economic growth story in the third quarter than at the start of the year.

Another sign that the UK economic boom is fading as the August manufacturing #PMI falls to 52.5 #GBP

9.32am BST

Some early reaction to the news that eurozone factory growth slowed last month:

Another bad day for #euro zone econ data, #Germany slowing down too. Pressure on #ECB mounts.

Overall picture of manufacturing in eurozone: Activity slowing – although some growth, prices hardly increasing. Ukraine a factor #eurozone

9.21am BST

And the upshot of all this mornings data is that the Eurozones manufacturing sector has just recorded its weakest growth in 13 months, adding to pressure on policymakers to take more action.

The big-three nations of Germany, France and Italy all reported job losses, as did Greece. Staffing rose in Spain, the Netherlands, Austria and Ireland, but Ireland was the only nation to report a faster pace of hiring than in July.

National data provided some bright spots, with the Irish numbers still buoyant and signs that Greece managed to move back into expansion territory. France remains a real concern though, with its manufacturing sector contracting at the quickest pace since May 2013, as does Italys descent from solid expansion to stagnation. Signs that growth impetus waned in the key industrial engine of Germany, and in Spain and the Netherlands too, is also less than reassuring.

The slowdown in industry is likely to add further fuel to the fire for analysts expecting additional monetary or fiscal stimulus to be implemented. Eyes will now turn to the services PMI numbers on Wednesday for further clues on underlying growth momentum and whether policymakers can continue to wait for earlier measures to start to deliver.

9.07am BST

Better news from Greece; factories have reported their first growth since May, with the PMI inching over the 50-point mark.

Greek manufacturing output returns to growth in August, headline #PMI at 50.1 (48.7 in July) http://t.co/mg3umTxSXR pic.twitter.com/SPR2oqB8Ky

9.06am BST

German factory sector has grown at its slowest rate in 11 months, with its manufacturing PMI dipping to 51.4 from 52.4 in July.

Markit economist Oliver Kolodseike warns that:

Warning lights are flashing in Germanys goods-producing sector,

9.00am BST

The decline in Frances factory sector has accelerated, as Europes second largest economy still struggles.

The French manufacturing PMI has slipped to just 46.9, well below the 50-point mark that separates expansion from contraction. Thats the lowest reading in 13 months.

The latest disappointing PMI data for Frances manufacturing sector underline its ongoing struggles, with new orders sinking further in a fragile demand environment. Sharply falling output led firms to cut back employment, purchasing and stock levels further in August.

This sort of across- the-board weakness has been a common theme in recent months and there remains very little to suggest any turnaround in fortunes will be imminent.

And the beat goes on in #France as its manufacturing #PMI falls to 46.9 in August #Euro

8.55am BST

Bad news from Italy. Its factory sector has suffered its first drop in activity in over a year.

The Italian manufacturing PMI fell to 49.8 in August, down from 51.9 in July. Its the first time since June 2013 that the index has fallen below the 50-point mark.

Italian manufacturing sector contracts for first time in over a year. PMI falls to 49.8 in Aug from 51.9 in July, expected 50.8.

8.51am BST

As flagged in the intro, Germanys Federal Statistics Office has confirmed that its economy contracted by 0.2% in the second quarter of this year.

That matches the first estimate of GDP, released last month.

German GDP slump largely construction. Net trade also a drag. Big inventory build-up. Outlook weak. pic.twitter.com/7sfORwLIKf

8.38am BST

Back to those PMI reports… and the Dutch manufacturing sector has grown at its slowest rate in over a year.

The Netherlands manufacturing PMI dipped to 51.7, from 53.3 in July. That still shows that activity expanded, but rather less vigorously. Output, new orders, and employment growth all slowed.

8.36am BST

Shares in Tesco have fallen by over 1.5% this morning as the City gives new chief executive Dave Lewis a cautious reception.

Lewis has been rushed into the supermarket to take charge a month early, after last Fridays nasty profits warning.

8.28am BST

Spain Manufacturing PMI (Aug) comes in weaker than expected at 52.8, exp 53.3

Spanish manuf PMI – input prices still rising, but output prices down to a 5-month low (48.8).

8.25am BST

Onto Spain, and its factory sector has just recorded its ninth expansion in a row.

Growth has slowed, though, with Markits manufacturing PMI dropping to 52.8 from 53.9 in July. Thats still a fairly decent rate of expansion, given weakness in other parts of the eurozone, although slower than expected.

Spains manufacturing expansion slows in August, with the headline #PMI at 52.8 (July: 53.9) http://t.co/mTTVcfzrJW pic.twitter.com/QAknqPrgR8

However, mfg orders in Spain rose at quickest pace in +7 years. Charted against Quantity of Purchases Index here: pic.twitter.com/eSQ4toOOtj

8.13am BST

Russias manufacturing sector has posted a small rise in activity last month, with its manufacturing PMI unchanged at 51.0.

President Putins recent policy of import substitution (encouraging firms to use domestic products rather than overseas goods) appears to be stimulating activity. New orders rose at the fastest pace in a year.

The overall impact of import substitution on the Russian economy appears to be negative.

Indeed, large scale import substitution typically leads to higher costs and output prices growth, deducting from private consumption more than manufacturers add on the production side.

8.03am BST

Taiwan has posted the strongest PMI report this morning, with new factory orders rising at the fastest rate in 42 months.

But Indonesias manufacturing sector contracted for the first time in a year:

Taiwan tops the Asian manufacturing #PMI table for the third month running in August pic.twitter.com/Ueac7PPm3A

7.53am BST

Irelands factories have just expanded at their fastest rate in 15 years, helped by a big jump in new orders from Britain.

The latest purchasing managers survey, which is produced by Investec, found a marked improvement in the health of the Irish manufacturing sector, with output and new orders both accelerating.

This is a strong outcome, particularly when framed against the backdrop of weakening signs from some Eurozone trading partners of late, although the prognosis for Irelands other key export markets (the US and UK) remains encouraging.

With manufacturing firms in Ireland stepping up their purchasing and hiring activity, it is clear that they are optimistic of a strong finish to the year and, while noting that the risks to global growth and (not unrelated) geopolitical tensions have increased in recent months, we expect to see continued progress into 2015.

7.45am BST

There are new fears that Chinas factory sector is slowing, after two surveys of the countrys manufacturers came in weaker than expected.

HSBCs monthly China Manufacturing survey has found that output and new order growth slowed last month, as firms continued to shed job.

Overall, the manufacturing sector still expanded in August, but at a slower pace compared to previous months. We think the economy still faces considerable downside risks to growth in the second half of the year, which warrant further policy easing to ensure a steady growth recovery.

7.39am BST

Good morning, and welcome to our rolling coverage of the financial markets, the world, economy, the eurozone and business.

Were starting the week with a splurge of economic surveys of manufacturing sectors across the globe.

Something of a tumbleweed open seen for share markets as September trading gets underway. Financial bookies: FTSE100 +1, DAX FLAT, CAC40 +2

Continue reading…

Posted in Business, Top Stories | Comments Off

Putin blamed as UK factories suffer slowdown; Germany posts first surplus since 1991 – business live

Putin blamed as UK factories suffer slowdown; Germany posts first surplus since 1991 – business live

Rolling business and financial news, as the latest Purchasing Managers reports show a slowdown across Britains manufacturing base.

5.20pm BST

Time to recap.

Britains economic recovery has taken a knock after growth across the countrys factories slowed to the slowest rate in 14 months.

It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone.

It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and the Middle East, as opposed to our European partners.

Russias escalation of the conflict in Ukraine has taken a toll on the internationally exposed manufacturing sector, and that effect could yet worsen further in the coming months given recent confidence drops in the more directly exposed core European economies.

Eurozone factory growth hits 13-month low as France and Italy struggle http://t.co/PZGWfnoJVx pic.twitter.com/DDgtOlEm2K

In other European countries the figures will give confirmation to those who expect more fiscal policy impetus from Germany,

4.48pm BST

Over in Greece, finance minister Gikas Hardouvelis has been making strenuous efforts to lower expectations around the talks that begin with the countrys creditors in Paris on Tuesday.

We are not imposing red lines. We have increased the speed of our work. The fact that we are meeting tomorrow forced us to work all of August and we have moved forward with many structural reforms. We will mostly discuss them, it will be a wide-ranging discussion . the bar has been raised.

We have to bear in mind who the counterparties are. They are members of the International Monetary Fund, the (European) Commission, and the European Central Bank.

You must understand their limits. They cannot speak politically.

4.44pm BST

Germany’s Schäuble speaking on the European financial project, cites Bill Clinton "It’s integration, stupid."

4.37pm BST

OK, the word on the wires is that the German finance minister is calling for tougher controls of national budgets, effectively enforcing tighter fiscal control across the eurozone:

German FinMin Schaeuble calls for EC powers to block national budgets, says Euro region should have its own parliament

4.25pm BST

Or perhaps not…

Germany’s Schaeuble Says Too Many Eu Colleagues Think That Should Be Corrected With Public Investments

4.24pm BST

Germanys finance minister, Wolfgang Schäuble, appears to be trolling the rest of the eurozone:

@minefornothing I know right! I’m shouting at livesquawk right now

3.52pm BST

The final PMI report of the day has just arrived, from Mexico, and its factory sector has grown at a faster rate in August.

The Mexico manufacturing PMI rose to 52.1, from the nine-month low of 51.5 recorded in July.

Our final #PMI result for today: HSBC Mexico Manufacturing PMI @ 52.1 in August (Jul: 51.5) http://t.co/OJEqMpeNTD

3.32pm BST

The crisis gripping Portugals Espírito Santo conglomerate has taken another twist today.

The WSJ reports that Goldman Sachs lent around $835m to Banco Espírito Santo in July, when the troubles of its parent company were already making it hard to access funds.

#Goldman Loaned $835 Million to Banco Espirito Santo in July: WSJ..ouch! #paintrade #BES #BancoEspiritoSanto #GS

God works in mysterious ways after all… Goldman Sachs Made Big Loan to Banco Espírito Santo Shortly Before Collapse http://t.co/Cvu8wDeX3f

3.03pm BST

Mohamed El-Erian, chief economic adviser of Allianz (and formally of bond-trading giant Pimco), agrees that this mornings eurozone factory data shows the economy weakening:

This mornings #PMI data point to weakening growth dynamics in #Europe with exception of #Greece and #Ireland @WSJ http://t.co/5eUmBE9Xns

2.41pm BST

Over in Greece, the prime minister has vowed to make a dent in the countrys perilously high jobless total.

Unemployment is societys most insidious and tough enemy because it undermines the dreams of youth, Samaras said

For the first time in 24 quarters there is a projected GDP increase while there is a forecast for new 770,000 jobs by 2020, the conservative premier said.

2.15pm BST

Another PMI report just landed, showing that Brazils factory sector has returned to (modest) growth last month.

Brazilian manufacturing PMI broke over the 50-point mark, which splits expansion from contraction, for the first time since March, rising to 50.2 from 49.1 in July.

HSBC Brazil Manufacturing #PMI posts 50.2 in August, (Jul: 49.1). Although marginal, first >50.0 reading in 5 months. http://t.co/8AwAD6WZxi

The HSBC Brazil Manufacturing PMI index suggests that business activity improved modestly in August in what may have been a rebound following the disruptions caused by the FIFA World Cup.

The headline PMI index rose from 49.1 in July to 50.2 in August the first above-50 reading since March, on the back of a sizeable rebound in production. However, new orders remain flat relative to the last month, suggesting that the outlook for the sector remains weak.

2.05pm BST

The slowdown in eurozone manufacturing growth has helped to push the main European markets into the red, on a generally tedious trading session.

The Italian stock market is down almost 0.5%, after its factories reported an unwelcome drop in activity. Frances CAC index is in the red too, while the German and UK markets are hovering.

1.26pm BST

Analysts at M&Gs Bond Vigilantes arm point out that Germany has reached a surplus despite weak growth in the last six months:

Germany had 1st budget surplus in H1 since 1991, despite GDP growth of just 0.5%. Note to UK- THAT is austerity http://t.co/g87RcIWESh

1.07pm BST

Theres also chatter that the new sanctions on Russia could hit its high-tech gas supply industry.

"@cigolo: Ban on buying Russian bonds eyed as EU envoys meet-sources High technology for gas excavation also under consideration"

1.04pm BST

Interesting… EU leaders are going to consider a ban on Europeans buying Russian government bonds, according to a Reuters newswire snap.

RTRS – BAN ON EUROPEANS BUYING RUSSIAN GOVERNMENT BONDS TO BE DISCUSSED AT EU TALKS ON FURTHER SANCTIONS – SOURCES woof woof

12.53pm BST

A reminder of how labours share of the pie has been nibbled away since the post-war days:

"Happy" Labor Day America. RT @conradhackett: GRAPH: The decline of wages as a share of US GDP pic.twitter.com/VsskTK32S2

12.48pm BST

Hats off to James Ashton, executive editor at the Evening Standard and the Independent, for bagging the first interview with Tescos new boss, Dave Lewis.

Lewis, who started at Tesco this morning, mainly focuses on his work at Unilever (launching Dove in the UK, making shampoo more glamorous, etc), but theres a few hints about his style.

How can I help you? he shoots across the table, pleasantries aside. No wonder Lewis has a reputation for putting the customer first. He is slick, but later comes a confession.

I am wonderfully naïve about some of the stuff that is going to come but that is fine, it has served me well up to now, he says, vowels flat from his Yorkshire upbringing. I will do what I have to do tomorrow in the same way that I did things yesterday.

I needed to find out for myself whether I can lead a whole business, Lewis says. Some people think that is crazy given some of the jobs I have done but actually I dont think you know whether you can truly lead a business until you sit in that seat.

It’s Day One for Tesco’s Dave Lewis. Read the first interview here http://t.co/ndhFqxVeDJ

12.30pm BST

Back to Germany, and the eurozones largest economy has officially posted its first surplus since reunification, for the first six months of this year.

The Federal Statistical Office, Destatis, reported that Germanys general government achieved a surplus of 16.1bn in January-June, or around +1.1% of GDP.

It’s official, Germany had its first GG surplus (+1.1% GDP) in 23 years. There must be *some* room for flexibility. http://t.co/t0TR7sGcrT

First we have to see if the economic forecasts remain as they are. If we have more money, if in doubt we will spend it in the area of investment.

It is absolutely right for the topic of investment to be so prominent.

11.45am BST

The escalating dispute between Russia and Ukraine has also driven the ruble down to a fresh record low today.

A bout of early selling pushed the ruble down by around 1%, so that $1 was now worth 37.6 rubles.

Ruble Falls to Record, 10yr yield jumps to highest in 5years as #Russia sanctions loom. http://t.co/WjimOFvdnH pic.twitter.com/ynFb2LahNF

Developments in the Ukraine will eminently also continue to cast a long shadow, and will obviously be the main topic for discussion at this weeks NATO Summit in the UK, with the weekend call from some US senators to arm the Ukraine and Putins call for an independent state in the Ukraine underlining alarming similarities to the antecedents to World War I.

11.16am BST

Martin Beck, senior economic advisor to the EY ITEM Club, also fears that Britains economy is becoming more unbalanced.

Hes worried by the August factory slowdown, and the jump in unsecured lending to consumers in July (see here), saying:

The combination of todays data suggests that the UKs expansion is in danger of losing its balance. In early 2014, investment and exports offered solid support to GDP growth and reduced the economys reliance on consumer spending and the housing sector.

But there is now concern that the UK is in danger of repeating the problems of the past.

11.09am BST

We should remember that Britains factory sector has been declining as a proportion of the overall economy for decades.

This chart, from Bloombergs UK economist1 Jamie Murray, shows how overall UK GDP has grown much faster than the manufacturing sector since the mid 1970s.

@graemewearden stable GDP share optimistic for a sector that has lost average of 29000 jobs every quarter since 1978 pic.twitter.com/2276XGqFkS

10.53am BST

And heres some full reaction from Jeremy Cook, World Firsts chief economist, to the UK factory slowdown:

While growth has remained positive, manufacturing is now expanding at the slowest rate since June of last year.

Output and new orders for UK manufactured goods continued positively, but the slowing of growth has meant that employment change is at its weakest in 14 months.

10.33am BST

Heres a news story on the slowdown in Britains factories:

UK manufacturing PMI hits 14-month low in August

10.26am BST

In other British economic news, the number of mortgages being approved has fallen.

Just 66,569 new home loans were approved in July, down from 67,085 in June. That suggests the market is cooling somewhat as recent affordability tests hit home.

10.12am BST

Rob Wood of Berenberg bank lays the blame for Britains factory slowdown firmly at the feet of Vladimir Putin.

Wood warns that the escalating tensions with Ukraine could hurt UK growth this year, and in 2015.

Putin hits UK manufacturing.

The manufacturing PMI fell sharply to a 14 month low of 52.5, down from 55.4 in July and below consensus expectations. Russias escalation of the conflict in Ukraine has taken a toll on the internationally exposed manufacturing sector, and that effect could yet worsen further in the coming months given recent confidence drops in the more directly exposed core European economies. These developments pose a serious downside risk to growth this year and next.

So far then increased international uncertainty is probably affecting exports and investment plans the most, and could return the UK to the lopsided consumer led recovery seen last year.

10.05am BST

Mike Rigby, head of manufacturing at Barclays, says todays PMI survey shows UK factories havent achieved faster export growth:

Growth in manufacturing continues but at a more controlled level than we have seen so far this year. Although there is still a confident buzz amongst manufacturers, the fragility of a recovery which continues to rely heavily on consumer spending is still an underlying cause for concern.

A much-needed boost in export orders is yet to materialise but is becoming increasingly important if the UK manufacturing recovery is to rebalance and become more sustainable.

10.00am BST

David Noble, CEO of the Chartered Institute of Purchasing & Supply, agrees that this mornings PMI report shows the UK factory sector is slowing.

UK manufacturers were walking rather than running in August as the sectors performance fell to a 14-month low and growth began to slow further. There is a distinct easing across the breadth of UK manufacturing, with growth in output, new orders and employment all reducing to a more pedestrian level.

Growth in new export orders has slowed to a five- month low against a backdrop of market uncertainty and increasing geo-political tensions. To help plug the hole left by a faltering Eurozone, manufacturers are finding new markets in North America and the Middle East. Vitally however, manufacturers continue to anticipate growth for the foreseeable future, with SMEs in particular, still hiring to catch up with one and a half years of consecutive output and new order growth.

9.52am BST

Jeremy Cook, economist at World First, fears that the recent revival in Britains factory sector may have run its course:

While the worst days of the recession are definitely behind us, UK PMI survey also suggests that the finest days of the recovery are too

9.42am BST

There is bad news in the UK too — Britains factory sector has reported a bigger than expected drop in growth last month.

Geopolitical tensions, such as the Ukraine crisis, appear to be hitting growth in the sector after a strong performance over the last year. Europes economic malaise is also hurting manufacturers.

It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone. It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and the Middle East, as opposed to our European partners.

It therefore looks as if manufacturing will provide a lesser contribution to the UK economic growth story in the third quarter than at the start of the year.

Another sign that the UK economic boom is fading as the August manufacturing #PMI falls to 52.5 #GBP

9.32am BST

Some early reaction to the news that eurozone factory growth slowed last month:

Another bad day for #euro zone econ data, #Germany slowing down too. Pressure on #ECB mounts.

Overall picture of manufacturing in eurozone: Activity slowing – although some growth, prices hardly increasing. Ukraine a factor #eurozone

9.21am BST

And the upshot of all this mornings data is that the Eurozones manufacturing sector has just recorded its weakest growth in 13 months, adding to pressure on policymakers to take more action.

The big-three nations of Germany, France and Italy all reported job losses, as did Greece. Staffing rose in Spain, the Netherlands, Austria and Ireland, but Ireland was the only nation to report a faster pace of hiring than in July.

National data provided some bright spots, with the Irish numbers still buoyant and signs that Greece managed to move back into expansion territory. France remains a real concern though, with its manufacturing sector contracting at the quickest pace since May 2013, as does Italys descent from solid expansion to stagnation. Signs that growth impetus waned in the key industrial engine of Germany, and in Spain and the Netherlands too, is also less than reassuring.

The slowdown in industry is likely to add further fuel to the fire for analysts expecting additional monetary or fiscal stimulus to be implemented. Eyes will now turn to the services PMI numbers on Wednesday for further clues on underlying growth momentum and whether policymakers can continue to wait for earlier measures to start to deliver.

9.07am BST

Better news from Greece; factories have reported their first growth since May, with the PMI inching over the 50-point mark.

Greek manufacturing output returns to growth in August, headline #PMI at 50.1 (48.7 in July) http://t.co/mg3umTxSXR pic.twitter.com/SPR2oqB8Ky

9.06am BST

German factory sector has grown at its slowest rate in 11 months, with its manufacturing PMI dipping to 51.4 from 52.4 in July.

Markit economist Oliver Kolodseike warns that:

Warning lights are flashing in Germanys goods-producing sector,

9.00am BST

The decline in Frances factory sector has accelerated, as Europes second largest economy still struggles.

The French manufacturing PMI has slipped to just 46.9, well below the 50-point mark that separates expansion from contraction. Thats the lowest reading in 13 months.

The latest disappointing PMI data for Frances manufacturing sector underline its ongoing struggles, with new orders sinking further in a fragile demand environment. Sharply falling output led firms to cut back employment, purchasing and stock levels further in August.

This sort of across- the-board weakness has been a common theme in recent months and there remains very little to suggest any turnaround in fortunes will be imminent.

And the beat goes on in #France as its manufacturing #PMI falls to 46.9 in August #Euro

8.55am BST

Bad news from Italy. Its factory sector has suffered its first drop in activity in over a year.

The Italian manufacturing PMI fell to 49.8 in August, down from 51.9 in July. Its the first time since June 2013 that the index has fallen below the 50-point mark.

Italian manufacturing sector contracts for first time in over a year. PMI falls to 49.8 in Aug from 51.9 in July, expected 50.8.

8.51am BST

As flagged in the intro, Germanys Federal Statistics Office has confirmed that its economy contracted by 0.2% in the second quarter of this year.

That matches the first estimate of GDP, released last month.

German GDP slump largely construction. Net trade also a drag. Big inventory build-up. Outlook weak. pic.twitter.com/7sfORwLIKf

8.38am BST

Back to those PMI reports… and the Dutch manufacturing sector has grown at its slowest rate in over a year.

The Netherlands manufacturing PMI dipped to 51.7, from 53.3 in July. That still shows that activity expanded, but rather less vigorously. Output, new orders, and employment growth all slowed.

8.36am BST

Shares in Tesco have fallen by over 1.5% this morning as the City gives new chief executive Dave Lewis a cautious reception.

Lewis has been rushed into the supermarket to take charge a month early, after last Fridays nasty profits warning.

8.28am BST

Spain Manufacturing PMI (Aug) comes in weaker than expected at 52.8, exp 53.3

Spanish manuf PMI – input prices still rising, but output prices down to a 5-month low (48.8).

8.25am BST

Onto Spain, and its factory sector has just recorded its ninth expansion in a row.

Growth has slowed, though, with Markits manufacturing PMI dropping to 52.8 from 53.9 in July. Thats still a fairly decent rate of expansion, given weakness in other parts of the eurozone, although slower than expected.

Spains manufacturing expansion slows in August, with the headline #PMI at 52.8 (July: 53.9) http://t.co/mTTVcfzrJW pic.twitter.com/QAknqPrgR8

However, mfg orders in Spain rose at quickest pace in +7 years. Charted against Quantity of Purchases Index here: pic.twitter.com/eSQ4toOOtj

8.13am BST

Russias manufacturing sector has posted a small rise in activity last month, with its manufacturing PMI unchanged at 51.0.

President Putins recent policy of import substitution (encouraging firms to use domestic products rather than overseas goods) appears to be stimulating activity. New orders rose at the fastest pace in a year.

The overall impact of import substitution on the Russian economy appears to be negative.

Indeed, large scale import substitution typically leads to higher costs and output prices growth, deducting from private consumption more than manufacturers add on the production side.

8.03am BST

Taiwan has posted the strongest PMI report this morning, with new factory orders rising at the fastest rate in 42 months.

But Indonesias manufacturing sector contracted for the first time in a year:

Taiwan tops the Asian manufacturing #PMI table for the third month running in August pic.twitter.com/Ueac7PPm3A

7.53am BST

Irelands factories have just expanded at their fastest rate in 15 years, helped by a big jump in new orders from Britain.

The latest purchasing managers survey, which is produced by Investec, found a marked improvement in the health of the Irish manufacturing sector, with output and new orders both accelerating.

This is a strong outcome, particularly when framed against the backdrop of weakening signs from some Eurozone trading partners of late, although the prognosis for Irelands other key export markets (the US and UK) remains encouraging.

With manufacturing firms in Ireland stepping up their purchasing and hiring activity, it is clear that they are optimistic of a strong finish to the year and, while noting that the risks to global growth and (not unrelated) geopolitical tensions have increased in recent months, we expect to see continued progress into 2015.

7.45am BST

There are new fears that Chinas factory sector is slowing, after two surveys of the countrys manufacturers came in weaker than expected.

HSBCs monthly China Manufacturing survey has found that output and new order growth slowed last month, as firms continued to shed job.

Overall, the manufacturing sector still expanded in August, but at a slower pace compared to previous months. We think the economy still faces considerable downside risks to growth in the second half of the year, which warrant further policy easing to ensure a steady growth recovery.

7.39am BST

Good morning, and welcome to our rolling coverage of the financial markets, the world, economy, the eurozone and business.

Were starting the week with a splurge of economic surveys of manufacturing sectors across the globe.

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Coalgate: India urges supreme court not to close coal mines

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Coalgate: India urges supreme court not to close coal mines

Narendra Modis government pleads to exempt 46 illegal licences arguing total shutdown will cripple the power sector

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Russia’s ruble at lowest level ever as new sanctions loom

Russia’s ruble at lowest level ever as new sanctions loomRead full story for latest details.

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Russia’s ruble at lowest level ever as new sanctions loom

Russia’s ruble at lowest level ever as new sanctions loomRead full story for latest details.

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Russia’s ruble at lowest level ever as new sanctions loom

Russia’s ruble at lowest level ever as new sanctions loomRead full story for latest details.

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Moores defends Cook’s one-day role

Moores defends Cook’s one-day roleEngland coach Peter Moores says skipper Alastair Cook can be an influential one-day batsman, after criticism of his scoring rate.

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Moores defends Cook’s one-day role

Moores defends Cook’s one-day roleEngland coach Peter Moores says skipper Alastair Cook can be an influential one-day batsman, after criticism of his scoring rate.

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Moores defends Cook’s one-day role

Moores defends Cook’s one-day roleEngland coach Peter Moores says skipper Alastair Cook can be an influential one-day batsman, after criticism of his scoring rate.

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VIDEO: Could Horseball gain Olympic glory?

VIDEO: Could Horseball gain Olympic glory?Horseball, a mix of rugby and basketball, was invented in France in the 1970s, and now there are attempts to get it into the Olympics, as the BBC’s Ollie Williams reports.

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VIDEO: Could Horseball gain Olympic glory?

VIDEO: Could Horseball gain Olympic glory?Horseball, a mix of rugby and basketball, was invented in France in the 1970s, and now there are attempts to get it into the Olympics, as the BBC’s Ollie Williams reports.

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VIDEO: Could Horseball gain Olympic glory?

VIDEO: Could Horseball gain Olympic glory?Horseball, a mix of rugby and basketball, was invented in France in the 1970s, and now there are attempts to get it into the Olympics, as the BBC’s Ollie Williams reports.

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Sidebar: The Dubious Sources of Some Supreme Court ‘Facts’

Sidebar: The Dubious Sources of Some Supreme Court ‘Facts’The justices are hungry for the data in amicus briefs, but a law professor argues that this is a perilous trend, because some of the briefs cite questionable materials.



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Sidebar: The Dubious Sources of Some Supreme Court ‘Facts’

Sidebar: The Dubious Sources of Some Supreme Court ‘Facts’The justices are hungry for the data in amicus briefs, but a law professor argues that this is a perilous trend, because some of the briefs cite questionable materials.



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Sidebar: The Dubious Sources of Some Supreme Court ‘Facts’

Sidebar: The Dubious Sources of Some Supreme Court ‘Facts’The justices are hungry for the data in amicus briefs, but a law professor argues that this is a perilous trend, because some of the briefs cite questionable materials.



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VIDEO: ‘Hero’ cat saves owner from fire

VIDEO: ‘Hero’ cat saves owner from fireA tabby cat has been hailed a hero after she woke up her owner to alert him to a fire which destroyed his home in Melbourne, Australia.

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VIDEO: ‘Hero’ cat saves owner from fire

VIDEO: ‘Hero’ cat saves owner from fireA tabby cat has been hailed a hero after she woke up her owner to alert him to a fire which destroyed his home in Melbourne, Australia.

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VIDEO: ‘Hero’ cat saves owner from fire

VIDEO: ‘Hero’ cat saves owner from fireA tabby cat has been hailed a hero after she woke up her owner to alert him to a fire which destroyed his home in Melbourne, Australia.

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Tony Stewart makes Nascar return but crashes out on difficult night

Tony Stewart makes Nascar return but crashes out on difficult night

Stewart forced to settle for 41st place in Georgia in first event since his sprint car struck and killed Kevin Ward, 20

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Tony Stewart makes Nascar return but crashes out on difficult night

Tony Stewart makes Nascar return but crashes out on difficult night

Stewart forced to settle for 41st place in Georgia in first event since his sprint car struck and killed Kevin Ward, 20

Continue reading…

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Tony Stewart makes Nascar return but crashes out on difficult night

Tony Stewart makes Nascar return but crashes out on difficult night

Stewart forced to settle for 41st place in Georgia in first event since his sprint car struck and killed Kevin Ward, 20

Continue reading…

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Tony Stewart makes Nascar return but crashes out on difficult night

Tony Stewart makes Nascar return but crashes out on difficult night

Stewart forced to settle for 41st place in Georgia in first event since his sprint car struck and killed Kevin Ward, 20

Continue reading…

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Tony Stewart makes Nascar return but crashes out on difficult night

Tony Stewart makes Nascar return but crashes out on difficult night

Stewart forced to settle for 41st place in Georgia in first event since his sprint car struck and killed Kevin Ward, 20

Continue reading…

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Libyan Parliament Reappoints PM as Government Loses Grip on Ministries

Libyan Parliament Reappoints PM as Government Loses Grip on MinistriesLibya’s parliament reappointed Prime Minister Abdullah al-Thinni on Monday as the government lost control of ministries in the capital where armed groups have taken over and a separate parliament has claimed legitimacy.



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Libyan Parliament Reappoints PM as Government Loses Grip on Ministries

Libyan Parliament Reappoints PM as Government Loses Grip on MinistriesLibya’s parliament reappointed Prime Minister Abdullah al-Thinni on Monday as the government lost control of ministries in the capital where armed groups have taken over and a separate parliament has claimed legitimacy.



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Libyan Parliament Reappoints PM as Government Loses Grip on Ministries

Libyan Parliament Reappoints PM as Government Loses Grip on MinistriesLibya’s parliament reappointed Prime Minister Abdullah al-Thinni on Monday as the government lost control of ministries in the capital where armed groups have taken over and a separate parliament has claimed legitimacy.



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Johnson won’t back Heathrow expansion as ‘Boris Island’ idea sinks

Mayor says third runway at London’s busiest airport would be disaster, as plans for Thames estuary hub are grounded

Boris Johnson has signalled he will continue to battle Heathrow expansion, despite being told that his plans for a four-runway Thames estuary hub are to be rejected by the airports commission.

Sir Howard Davies, the commission chair, who Boris Johnson has frequently antagonised, will announce on Tuesday that the mayor’s preferred option had been dismissed from the formal process, leaving Gatwick and Heathrow on the shortlist for its ultimate recommendation for additional runways in south-east England.

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Johnson won’t back Heathrow expansion as ‘Boris Island’ idea sinks

Mayor says third runway at London’s busiest airport would be disaster, as plans for Thames estuary hub are grounded

Boris Johnson has signalled he will continue to battle Heathrow expansion, despite being told that his plans for a four-runway Thames estuary hub are to be rejected by the airports commission.

Sir Howard Davies, the commission chair, who Boris Johnson has frequently antagonised, will announce on Tuesday that the mayor’s preferred option had been dismissed from the formal process, leaving Gatwick and Heathrow on the shortlist for its ultimate recommendation for additional runways in south-east England.

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How to attack a woman who works in video gaming

A culture of hate and suspicion has descended on the games industry, and at the centre of the vortex is a familiar foe: women. Ask Anita Sarkeesian and Zoe Quinn.

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How to attack a woman who works in video gaming

A culture of hate and suspicion has descended on the games industry, and at the centre of the vortex is a familiar foe: women. Ask Anita Sarkeesian and Zoe Quinn.

Continue reading…

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How to attack a woman who works in video gaming

A culture of hate and suspicion has descended on the games industry, and at the centre of the vortex is a familiar foe: women. Ask Anita Sarkeesian and Zoe Quinn.

Continue reading…

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Drone Developers Consider Obstacles That Cannot Be Flown Around

With the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.



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Drone Developers Consider Obstacles That Cannot Be Flown Around

With the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.



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Drone Developers Consider Obstacles That Cannot Be Flown Around

With the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.



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Drone Developers Consider Obstacles That Cannot Be Flown Around

Drone Developers Consider Obstacles That Cannot Be Flown AroundWith the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.



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Drone Developers Consider Obstacles That Cannot Be Flown Around

Drone Developers Consider Obstacles That Cannot Be Flown AroundWith the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.



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Drone Developers Consider Obstacles That Cannot Be Flown Around

Drone Developers Consider Obstacles That Cannot Be Flown AroundWith the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.



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Drone Developers Consider Obstacles That Cannot Be Flown Around

Drone Developers Consider Obstacles That Cannot Be Flown AroundWith the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.

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Drone Developers Consider Obstacles That Cannot Be Flown Around

Drone Developers Consider Obstacles That Cannot Be Flown AroundWith the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.

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Drone Developers Consider Obstacles That Cannot Be Flown Around

Drone Developers Consider Obstacles That Cannot Be Flown AroundWith the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.

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China Authorizes Local Governments to Issue Bonds

The lifting of a 20-year ban represents a fundamentally different approach to a chronic problem: how to finance projects like roads and bridges without unsustainable levels of debt.



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China Authorizes Local Governments to Issue Bonds

China Authorizes Local Governments to Issue BondsThe lifting of a 20-year ban represents a fundamentally different approach to a chronic problem: how to finance projects like roads and bridges without unsustainable levels of debt.

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China Authorizes Local Governments to Issue Bonds

China Authorizes Local Governments to Issue BondsThe lifting of a 20-year ban represents a fundamentally different approach to a chronic problem: how to finance projects like roads and bridges without unsustainable levels of debt.

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China Authorizes Local Governments to Issue Bonds

China Authorizes Local Governments to Issue BondsThe lifting of a 20-year ban represents a fundamentally different approach to a chronic problem: how to finance projects like roads and bridges without unsustainable levels of debt.

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VIDEO: Dog rescued after 10 days on a cliff

VIDEO: Dog rescued after 10 days on a cliffA dog was rescued by the RNLI on Sunday after going missing for nearly 10 days in a chance sighting close to Foreland Point, in North Devon.

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VIDEO: Dog rescued after 10 days on a cliff

VIDEO: Dog rescued after 10 days on a cliffA dog was rescued by the RNLI on Sunday after going missing for nearly 10 days in a chance sighting close to Foreland Point, in North Devon.

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VIDEO: Dog rescued after 10 days on a cliff

VIDEO: Dog rescued after 10 days on a cliffA dog was rescued by the RNLI on Sunday after going missing for nearly 10 days in a chance sighting close to Foreland Point, in North Devon.

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DealBook: Heineken to Sell Mexican Packaging Unit to Crown Holdings

DealBook: Heineken to Sell Mexican Packaging Unit to Crown HoldingsThe deal values the container unit Empaque at about $1.2 billion and would make Crown Holdings the second-largest beverage can producer in North America.



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DealBook: Heineken to Sell Mexican Packaging Unit to Crown Holdings

DealBook: Heineken to Sell Mexican Packaging Unit to Crown HoldingsThe deal values the container unit Empaque at about $1.2 billion and would make Crown Holdings the second-largest beverage can producer in North America.



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DealBook: Heineken to Sell Mexican Packaging Unit to Crown Holdings

DealBook: Heineken to Sell Mexican Packaging Unit to Crown HoldingsThe deal values the container unit Empaque at about $1.2 billion and would make Crown Holdings the second-largest beverage can producer in North America.



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Americans detained in North Korea call on Washington to secure their release

Americans detained in North Korea call on Washington to secure their release

Jeffrey Fowle, Matthew Miller and Kenneth Bae appeal for help after Pyongyang grants trio foreign media access

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Americans detained in North Korea call on Washington to secure their release

Americans detained in North Korea call on Washington to secure their release

Jeffrey Fowle, Matthew Miller and Kenneth Bae appeal for help after Pyongyang grants trio foreign media access

Continue reading…

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Americans detained in North Korea call on Washington to secure their release

Americans detained in North Korea call on Washington to secure their release

Jeffrey Fowle, Matthew Miller and Kenneth Bae appeal for help after Pyongyang grants trio foreign media access

Continue reading…

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Americans detained in North Korea call on Washington to secure their release

Americans detained in North Korea call on Washington to secure their release

Jeffrey Fowle, Matthew Miller and Kenneth Bae appeal for help after Pyongyang grants trio foreign media access

Continue reading…

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Americans detained in North Korea call on Washington to secure their release

Americans detained in North Korea call on Washington to secure their release

Jeffrey Fowle, Matthew Miller and Kenneth Bae appeal for help after Pyongyang grants trio foreign media access

Continue reading…

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A dramatic encounter with an elephant hawk-moth caterpillar

Blackwater Carr, Norfolk: This animal will soon wander off and wrap itself in the hardened case of its pupa Continue reading…

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A dramatic encounter with an elephant hawk-moth caterpillar

Blackwater Carr, Norfolk: This animal will soon wander off and wrap itself in the hardened case of its pupa Continue reading…

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Decaying Guantánamo Defies Closing Plans

Decaying Guantánamo Defies Closing PlansMore than 12 years after the Bush administration first sent detainees to the prison in Cuba, tensions are mounting over whether President Obama can close it before leaving office.



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Decaying Guantánamo Defies Closing Plans

Decaying Guantánamo Defies Closing PlansMore than 12 years after the Bush administration first sent detainees to the prison in Cuba, tensions are mounting over whether President Obama can close it before leaving office.



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Decaying Guantánamo Defies Closing Plans

Decaying Guantánamo Defies Closing PlansMore than 12 years after the Bush administration first sent detainees to the prison in Cuba, tensions are mounting over whether President Obama can close it before leaving office.



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Pakistani Protesters Briefly Take Over State TV Building

After ransacking the headquarters of Pakistan Television and cutting transmission cables in the newsrooms, antigovernment demonstrators yielded to the military.



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Pakistani Protesters Briefly Take Over State TV Building

Pakistani Protesters Briefly Take Over State TV BuildingAfter ransacking the headquarters of Pakistan Television and cutting transmission cables in the newsrooms, antigovernment demonstrators yielded to the military.



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Pakistani Protesters Briefly Take Over State TV Building

Pakistani Protesters Briefly Take Over State TV BuildingAfter ransacking the headquarters of Pakistan Television and cutting transmission cables in the newsrooms, antigovernment demonstrators yielded to the military.



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Pakistani Protesters Briefly Take Over State TV Building

Pakistani Protesters Briefly Take Over State TV BuildingAfter ransacking the headquarters of Pakistan Television and cutting transmission cables in the newsrooms, antigovernment demonstrators yielded to the military.



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Apple iPhone 6: Visa, MasterCard and American Express sign up for mobile payments

A contactless payments service for the iPhone 6 is backed by the three big credit card companies, reports suggest

The three big credit card companies MasterCard, Visa and American Express have signed deals with Apple and its iPhone 6 contactless payments plan, reports indicate.

Apple plans to turn its smartphone into a mobile wallet capable of paying for goods using a similar system to the contactless payment technology built into most British credit and debit cards, which allows users to pay for goods up to £20 without having to swipe, insert the card into a reader or enter a pin.

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Apple iPhone 6: Visa, MasterCard and American Express sign up for mobile payments

A contactless payments service for the iPhone 6 is backed by the three big credit card companies, reports suggest

The three big credit card companies MasterCard, Visa and American Express have signed deals with Apple and its iPhone 6 contactless payments plan, reports indicate.

Apple plans to turn its smartphone into a mobile wallet capable of paying for goods using a similar system to the contactless payment technology built into most British credit and debit cards, which allows users to pay for goods up to £20 without having to swipe, insert the card into a reader or enter a pin.

Continue reading…

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Apple iPhone 6: Visa, MasterCard and American Express sign up for mobile payments

A contactless payments service for the iPhone 6 is backed by the three big credit card companies, reports suggest

The three big credit card companies MasterCard, Visa and American Express have signed deals with Apple and its iPhone 6 contactless payments plan, reports indicate.

Apple plans to turn its smartphone into a mobile wallet capable of paying for goods using a similar system to the contactless payment technology built into most British credit and debit cards, which allows users to pay for goods up to £20 without having to swipe, insert the card into a reader or enter a pin.

Continue reading…

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Beijing’s Stance Has Democrats in Hong Kong Facing Tough Choices

Students and organizers plan strikes, legal obstruction and a sit-in after the national legislature placed strict limits on how the city may pick its next leader.



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Beijing’s Stance Has Democrats in Hong Kong Facing Tough Choices

Beijing’s Stance Has Democrats in Hong Kong Facing Tough ChoicesStudents and organizers plan strikes, legal obstruction and a sit-in after the national legislature placed strict limits on how the city may pick its next leader.



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Beijing’s Stance Has Democrats in Hong Kong Facing Tough Choices

Beijing’s Stance Has Democrats in Hong Kong Facing Tough ChoicesStudents and organizers plan strikes, legal obstruction and a sit-in after the national legislature placed strict limits on how the city may pick its next leader.



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Beijing’s Stance Has Democrats in Hong Kong Facing Tough Choices

Beijing’s Stance Has Democrats in Hong Kong Facing Tough ChoicesStudents and organizers plan strikes, legal obstruction and a sit-in after the national legislature placed strict limits on how the city may pick its next leader.



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Nude celebrity picture leak looks like phishing or email account hack

Apples iCloud service may have been the source of the photos but security experts think password hacks are likely explanation

The leak of pictures and, allegedly, videos of Jennifer Lawrence by an unknown hacker has security experts and Apple puzzled. Though the hacker has posted a list of scores of female celebrities to a chatroom claiming to have more pictures of them, a number of those named have come forward to say that photos claimed to be of them are faked, while others claim they were deleted.

The list of those allegedly affected is long, and includes Jennifer Lawrence, Jenny McCarthy, Rihanna, Kate Upton and the American actress Mary E Winstead. With any hack, the principal questions are: what was the avenue of attack? And where were the photos and videos if they were real downloaded from?

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Nude celebrity picture leak looks like phishing or email account hack

Apples iCloud service may have been the source of the photos but security experts think password hacks are likely explanation

The leak of pictures and, allegedly, videos of Jennifer Lawrence by an unknown hacker has security experts and Apple puzzled. Though the hacker has posted a list of scores of female celebrities to a chatroom claiming to have more pictures of them, a number of those named have come forward to say that photos claimed to be of them are faked, while others claim they were deleted.

The list of those allegedly affected is long, and includes Jennifer Lawrence, Jenny McCarthy, Rihanna, Kate Upton and the American actress Mary E Winstead. With any hack, the principal questions are: what was the avenue of attack? And where were the photos and videos if they were real downloaded from?

Continue reading…

Posted in Technology, Top Stories | Comments Off

Nude celebrity picture leak looks like phishing or email account hack

Apples iCloud service may have been the source of the photos but security experts think password hacks are likely explanation

The leak of pictures and, allegedly, videos of Jennifer Lawrence by an unknown hacker has security experts and Apple puzzled. Though the hacker has posted a list of scores of female celebrities to a chatroom claiming to have more pictures of them, a number of those named have come forward to say that photos claimed to be of them are faked, while others claim they were deleted.

The list of those allegedly affected is long, and includes Jennifer Lawrence, Jenny McCarthy, Rihanna, Kate Upton and the American actress Mary E Winstead. With any hack, the principal questions are: what was the avenue of attack? And where were the photos and videos if they were real downloaded from?

Continue reading…

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Legia Warsaw charged by Uefa over fans Champions League protest banner

Slogan read: Because Football Doesnt Matter, Money Does
Legia mock Celtic after Bhoys Champions League exit Continue reading…

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Legia Warsaw charged by Uefa over fans Champions League protest banner

Slogan read: Because Football Doesnt Matter, Money Does
Legia mock Celtic after Bhoys Champions League exit Continue reading…

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Legia Warsaw charged by Uefa over fans Champions League protest banner

Slogan read: Because Football Doesnt Matter, Money Does
Legia mock Celtic after Bhoys Champions League exit Continue reading…

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Parent Stabs to Death 3 Students and Teacher at School in China

The attacker, who killed himself, had been angry that his daughter had been barred from registering because she had not completed homework.



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New satellite maps show polar ice caps melting at ‘unprecedented rate’