Business

London Mayor Admits Fire Caused by 'Mistakes and Neglect'

London Mayor Admits Fire Caused by 'Mistakes and Neglect'

The first victim formerly identified to the public is 23-year-old Syrian refugee Mohammad Alhajali. However, the identification of the other victims is proving very hard - which experts attribute to the extreme heat of the fire. Some 70 residents remain unaccounted for. Two British ministers say the cladding used in a renovation of Grenfell Tower may have been banned under United Kingdom building regulations.



German minister sees hope of 'soft' Brexit, with conditions

Anxious by immigration and loss of sovereignty, Britain past year voted to end its decades-old membership of the 28-country bloc - the first state ever to do so - in a shock referendum result. A deal like no other in history. "We will leave the customs union when we leave the European Union". Many in business, concerned that former interior minister May will prioritize controlling immigration over preferential access to the European Union's lucrative single market, hope an emboldened ...



The US Open: 5 Things to Watch on Sunday

Open lead heading to the last part of the final round. "I felt the most calm I have in a major in a long time this week", said Day , who arrived last Friday. "3 (from 29'0"), 14 and 16 with three bogeys at 12, 13 (3-putt from 33'2") and 18, the latter dropping out of solo 2nd. Thomas, looking for more from where his record-setting 63 came from the day before, was out of the hunt by the middle of the front nine.



Amazon wrecked the mall; now it's coming for the grocery store

Amazon said today it's buying the supermarket Whole Foods in a deal valued at almost $14 billion. "I anticipate that Amazon should be able to lower the cost of Whole Foods and better enable them to compete in that market and start to bring some of those great organic products that people have liked without necessarily having to capture their whole pay check", he said.



Oil hits six-week low as OPEC fails to curb oversupply

The oil research firm noted that the considerable drop in Brent futures prices, soon after the OPEC's meeting in May 25, this year, was mainly caused by an extension of the production cuts, and high level of speculation in the market. With (Other OTC: WWTH - news ) regard to the global economic outlook for 2017, stronger-than-anticipated momentum since the beginning of the year led to an upwards revision in the growth forecast to 3.4 percent following growth of 3.1 percent in 2016, OPEC said.