Business

Theresa May rejects points-based immigration system hailed by Brexit supporters

Theresa May rejects points-based immigration system hailed by Brexit supporters

May and her Australian counterpart Malcolm Turnbull promised a " very strong " free trade agreement between the two countries. "In response, Prime Minister May mentioned she recognises the result of the UK referendum is having influence on the global community, including Japan - and expressed hope the Japan-UK economic relationships will be maintained and strengthened".


Case for rate hike has strengthened: Yellen

Case for rate hike has strengthened: Yellen

Citing continued expansion in US economic activity, especially housing spending, plus an inflation rate running below the FOMC's desired two percent level, Yellen wondered aloud if this was the right time for another rate increase. lead, which points to a soft start to trade on Monday for the Australian share market. U.S. stock prices fell in choppy trading, while prices of U.S.


European Union tax ruling 'total political crap,' says Apple CEO Tim Cook

European Union tax ruling 'total political crap,' says Apple CEO Tim Cook

In an interview with the Irish Independent , Apple CEO Tim Cook explained: "No one did anything wrong here and we need to stand together". The company reported in 2014 an effective tax rate of 26.1% on its world-wide profits, including the foreign tax provisions that are unpaid, a level Mr.



Serena Williams powers into US Open fourth round

For her first day match on Arthur Ashe, Williams switched from evening black to afternoon white but the change in attire did nothing to change the outcome. Venus would not only have to get past Pliskova, but likely No. 4 Agnieszka Radwanska as well. Williams explained that the design of her sleeves - she wears black ones for night matches - was meant to evoke a character of power and strength who is also unafraid to exhibit a softer side.


Marks And Spencer To Cut Around 525 Head Office Jobs

Marks And Spencer To Cut Around 525 Head Office Jobs

The retail giant also said 400 permanent staff from its Marble Arch office would be relocated, with many IT and logistic roles moved to operations in Hemel Hempstead in Hertfordshire, and Middlesex. Marks & Spencer said it still expects costs to rise by around 3.5% this year. The proposals aim to address this by removing duplication, driving accountability and establishing clear, consistent processes; which in turn will strip out unnecessary costs.


European Union migrants crisis: Lorry protest causes Calais disruption

European Union migrants crisis: Lorry protest causes Calais disruption

Farmers in tractors are waiting on the side of the road to join the protest. Authorities said that despite long tailbacks at the start of the protest, a system of detours prevented widespread disruption. Calais Mayor Natacha Bouchart, holding an "I love Calais " T-shirt as she walked with merchants, insisted that public order in Calais must be restored, and criticized the Socialist government, which has sent in thousands of police, for failing to provide a global plan to end ...