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Cumbria hotel worker reveals why he started petition over new £5 note

The Bank of England says the organisation is treating the concerns with "utmost seriousness" and was working with its manufacturer to find a solution. But the use of tallow in the new banknotes - commonly known as fivers - is "unacceptable to millions of vegans, vegetarians, Hindus, Sikhs, Jains and others in the United Kingdom", the change.org petition reads.

Business

PM Modi Greets Indian Navy On Its Annual Day

PM Modi also discussed energy, trade and security with his Qatari counterpart. The Prime Minister invited India's participation in infrastructure and investment opportunities. While the visa pact will allow holders of diplomatic, special and official passport of the two countries to visa- free travel between the two countries, the "protocol on technical cooperation in cyberspace and combating cybercrime" "adds an important dimension of bilateral technical cooperation in cyberspace and ...

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Malaysia will continue to pressure Myanmar

Several thousand Rohingya have fled to Bangladesh or been internally displaced since Myanmar's army cracked down on the group following an early October border incident in which unknown militants killed nine border guards. Najib also called on Indonesia and its President Joko Widodo to stand with Malaysia against Myanmar on the issue. The high number of Rohingya people in Malaysia (approximately 56,000) under the UNHCR banner, coupled with the hundreds of thousands in other neighbouring ...

Business

Enterprises Brace as Court Suspends Overtime Rule

Department of Labor regulation that would have raised the salary limit for automatic overtime eligibility to $47,476 from the current level of $23,660. As recently as 1975, 62 percent of workers were covered by the overtime limit, many of them salaried workers. The Labor Department said it is considering all of its legal options in the aftermath of the ruling.

Business

Tata Power date to take a call on Cyrus

The former Chairman of Indian industrial giant, Tata Sons, is continuing his fight against what he claims were serious issues with the group's ethics and governance, one month after he was dramatically sacked by the company's board. Tata Steel's EGM notice further said that the company, subject to the proviso of the said section and if the time permits it to do so, circulate written representation to shareholders.

Business

Future Energy Jobs bill moves forward in IL

The revised legislation removes incentives for southern IL coal-fired plants, which were added to draw more support for the bill. Rob Karr is president and CEO of the Illinois Retail Merchants Association and Omar Duque is president and CEO of the Illinois Hispanic Chamber of Commerce .

Business

How to win a chess match in just 2 moves

Carlsen's supporters greeted him after his victory, cheering and singing "Happy Birthday", to mark his 26th birthday. "If there is still no victor, Carlsen and Karyakin will play an Armageddon game in which white has five minutes and black has four, but black only has to draw to win the match ", the World Chess Federation said.

Business

Gold slips lower as dollar firms up

While gold has reached a key technical area (see below for details), the fact that the dollar remains fundamentally supported makes us remain bearish on gold . If and when gold starts to move above this area then we may see the breakdown of further resistance levels, for example, at $1,206, $1,221 or even $1,241.50.

Business

Cyber Monday transforms as shoppers are more connected

Starting on the 27th of November, deal hunters can visit the discount chain's official website to browse on Target.com's weekly ad for exclusive Cyber Monday deals which will become visible beginning om Sunday. In general, better deals are available later in the holiday season for gaming consoles, toys and discounted gift cards, according to Marissa Tarleton, RetailMeNot's chief marketing officer.

Business

Think tank plans legal action to keep UK in EU single market

The letter accuses the European Commission's lead negotiator Michel Barnier of being "worryingly indifferent" to the concerns of British and EU citizens living in one another's territories, causing "anxiety and uncertainty". May responded that there was "absolutely no doubt the social care system is under pressure", noting the extra 1 million people aged over 65 since 2010, but insisted the government had pushed through extra spending on this.

Business

30-year mortgage rates top 4% for first time in 11 months

The latest average marks the first time this year it was above 4 percent and the highest level since it was 4.04 percent in the week ended July 23, 2015. At the current average rate, you'll pay a combined $474.54 per month in principal and interest for every $100,000 you borrow. Those rates don't include fees associated with obtaining mortgage loans.

Business

More Than 800 Lufthansa Flights Grounded as Pilots Resume Strike

As far as Lufthansa as a whole is concerned, some 2,184 of 3,000 scheduled Lufthansa Group flights are going ahead today, with long-haul services operating as scheduled, while on Wednesday some 2,110 of 3,000 scheduled Lufthansa Group flights will operate as planned, Lufthansa said in a press statement on its website.

Business

Leading stocks in today's market: The Home Depot, Inc. (NYSE:HD)

Yet the winding down of its Hydrox joint venture, which operates hardware and home improvement stores in Australia and required a $290 million non-cash charge during the most recent quarter, shows some of the challenges with Lowe's worldwide strategy.

Business

EPS Forecast Revision Trends: Wells Fargo & Company (NYSE:WFC)

Wells Fargo & Co's 50-day average is $47.82 and its two hundred day average is $47.86. These price targets are a consensus analysis of 30 brokers. Breaking those down we see that the ratings are as follows: 2 Strong Buy, 1 Rated Buy, 1 Rated Hold and 0 Rated Sell.

Business

Asian stocks mixed ahead of OPEC meeting

That gave some relief to Asian shares, which had underperformed on worries about capital flight to higher-yielding U.S. markets in the weeks since Donald Trump's November 8 election win. OPEC oil ministers meet on Wednesday in an effort to finalize that deal; OPEC also wants non-OPEC producers such as Russian Federation to support the intervention by curbing their output.

Business

Saudi Arabia plans to skip OPEC's crucial meeting next week

The group is holding a so-called "technical meeting" at their Vienna headquarters Monday and Tuesday to discuss the mechanism for implementing the September agreement. For Iran, this would be the amount produced before worldwide sanctions were imposed in 2012, the delegate said. It would be a six-month agreement to take effect in January, he added.

Business

Lufthansa pilots set to strike again on Tuesday, Wednesday

Lufthansa pilots have warned they will strike again on Tuesday and Wednesday after weekend talks failed to resolve a long-running row over pay. Lufthansa said earlier that all flights would start on schedule on Monday, 28 November, as there had been no further strike call from VC so far.

Business

Nude Students, Filipino Activists Protest Dictator's Burial

Non-organized students - from schools such as Manila Science High School, Adamson University, and Lyceum University of the Philippines - also joined the rally. Overseas Filipino workers and Filipino immigrants in different parts of the world added their voices in denouncing the burial of the late dictator Ferdinand Marcos at the Libingan ng mga Bayani (LNMB).

Business

Multiple CA Mosques Report Receiving Threatening Anti-Muslim, Pro-Trump Letters

The Evergreen Islamic Center up in San Jose received the same letter on Friday. They call Muslims "a vile and filthy people" who "worship the devil" and evoke Trump. Still, he said, the letters and the tone of the campaign season has left local Muslims concerned for their safety. "Our state's leaders should speak out against the growing anti-Muslim bigotry that leads to such incidents", Ayloush said in a news release.

Business

US court blocks overtime expansion pay rule for 4 million

Department of Labor's new overtime rule. The injunction buys the judge more time to come to a final decision on the overtime rule, which was challenged by a slew of business groups, including the Chamber of Commerce, as well as 21 states.

Business

In shift, Trump says humans may be causing global warming

Trinity Health is the parent company of Hartford-based St. Francis Hospital. Fiji's prime minister even invited Trump to visit his island country to see for himself the effects of climate change if he still entertains doubts. In a bid to fast-track the Paris Agreement on climate change by joining an internaitonal programme, New Zealand expressed its commitment to this accord today according to Climate Change Minister Paula Bennett.

Business

College students protest Donald Trump's deportation plans

Among the slogans chanted were, "Education not deportation" and "We reject the president-elect". "I'm very fearful", said Miriam Zamudio, whose parents brought her to the US from Mexico when she was 6 or 7. The crowd chanted "United we stand, divided we fall" and " Love Trumps Hate ", while a speaker with a bullhorn called Trump a joke and a serial rapist.

Business

Wages to remain stagnant for a decade, says IFS

Real earnings in 2021 are on course to be below their level in the 2008 financial crisis, the London-based research group said. The shift in forecast since March means real GDP per household is more than £1,000 lower in 2021 than expected.

Business

Kingfisher 'Flies into Headwinds' as France Proves Drag on Third Quarter

In France, where it trades as Castorama , Kingfisher saw like-for-like sales fall 3.6 per cent. B&Q owner Kingfisher has reported a solid set of third-quarter results, driven by another strong performance at Screwfix. It has so far returned 182 million pounds. "Third-quarter trading conditions have followed a similar trend to the first half". In January Chief Executive Véronique Laury detailed a strategy to boost Kingfisher's annual profit by 500 million pounds from 2021 that will ...

Business

Tamil Nadu: For third day, ATMs run out of cash

Although second Saturday is a holiday for most banks, the government has ordered all banks across the country to function both on Saturday and Sunday. "We were told to come early and our shift has also been extended by two hours". There was a demand to abolish the 5,000-rupee note following the arrest of model Aayan Ali, but not much progress has been made.