Business Archives - Bloo Press

Canada is producing more oil than it can handle
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Western Canada is producing 365,000 bpd more crude oil that current pipeline capacity can handle, a new report from the National Energy Board has revealed. According to the authority, as of September, Western Canada produced a daily average of 4.30 million barrels of crude, while pipeline capacity s [...]
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World may face ‘low price scenario’ for oil this year if OPEC plan fails, JP Morgan warns
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Global benchmark Brent will remain at around last year’s lowest point in 2019 if OPEC members do not stick to the agreed output cuts, JP Morgan’s head of Asia Pacific oil and gas believes. Global benchmark Brent will remain at around last year’s lowest point in 2019 if OPEC members do not stic [...]
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Belgian court bans Uber in Brussels – reports
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A Belgian commercial court has supported local taxi firms and said that world-famous Uber services are outlawed in Brussels, according to local media reports citing the court decision. The court order was issued on December 18 by the Dutch-speaking tribunal of commerce, Belgian news outlets La Libre [...]
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UK airports spending millions on military-grade anti-drone tech after Christmas chaos at Gatwick
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Gatwick and Heathrow airports have reportedly ordered “military-grade anti-drone equipment” worth millions of pounds in a bid to prevent a re-run of the disruption caused after suspected drone sightings during Christmas week. Gatwick and Heathrow airports have reportedly ordered “military-grad [...]
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China Daily Website – Introducing our Global Edition
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China Daily is launching a global edition today, presenting an incisive, panoramic picture of China. You'll find quality journalism including insight, opinion, culture and more. Combining our Chinese mainland edition with overseas dailies and weeklies published in the United States, Europe, Asia and [...]
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Asimov’s 2019 vision – fiction or fact?
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How accurate were predictions for the coming year made by science fiction writer Isaac Asimov in 1983? Back in 1983, science fiction writer Isaac Asimov was asked to predict how the world would look in 2019. His thoughts, written originally for the Toronto Star newspaper, can now be compared against [...]
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The leader promising to heal a nation
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Ethiopia's Prime Minister Abiy Ahmed has introduced dramatic reforms but still faces ethnic divisions. Ethiopia's Prime Minister Abiy Ahmed has been widely praised for introducing sweeping reforms aimed at ending political repression, writes BBC Africa editor Fergal Keane after visiting the country. [...]
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Reality Check: Where is the plastic waste mountain?
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A year ago China imposed a ban on waste imports, so what's happened to the UK's plastic? A year ago, experts warned that the UK could face a mountain of waste plastic as China imposed a ban on waste imports. In recent years, the UK has heavily relied on China to take our unwanted plastic packaging. [...]
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Chinese ‘Jack the Ripper’ executed
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Gao killed 11 girls and women between 1988 and 2002 - his youngest victim was only eight years old. A Chinese serial killer convicted of murdering 11 girls and women between 1988 and 2002 has been executed. Gao Chengyong, dubbed "Jack the Ripper" by Chinese media, followed his victims home before ro [...]
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Joe Gray: Saracens hooker extends contract until 2020
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Saracens hooker Joe Gray extends his contract with the Premiership club until the summer of 2020. Saracens hooker Joe Gray has extended his contract with the Premiership club until the summer of 2020. The 30-year-old moved to Allianz Park from Harlequins in September on an initial one-year deal. Gra [...]
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Hopman Cup: Britain’s Katie Boulter & Cameron Norrie beat Serena Williams & Frances Tiafoe
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Katie Boulter and Cameron Norrie beat Serena Williams and Frances Tiafoe to give Great Britain victory over the US at the Hopman Cup. Katie Boulter and Cameron Norrie beat Serena Williams and Frances Tiafoe in the mixed doubles to give Great Britain victory over the US at the Hopman Cup. The Britons [...]
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China’s first e-commerce law offers consumers more protection
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China's new e-commerce laws will be effective in wiping out counterfeit goods from the online marketplace. China has introduced a new law to regulate its vast e-commerce sector. The legislation aims to protect online consumers and intellectual property and clean up the country's reputation as a majo [...]
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Apple blames weak iPhone China sales as it cuts revenue forecast
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Tech giant expects quarter revenue of $84bn, below analysts' $91.5bn estimate, acknowledging iPhones demand is waning. US tech giant Apple has taken the rare step of slashing its quarterly sales forecast, acknowledging that demand for iPhones is slowing and confirming investor concerns that its most [...]
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UK firms squeezed by labour shortage
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UK firms are being squeezed by labour shortages, rising prices and a slowdown in sales. More companies than ever before are finding it hard to recruit staff according to the British Chambers of Commerce (BCC). It warned that higher costs meant more manufacturers were expecting to raise prices. The p [...]
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Guard killed in Park Lane was ‘not supposed to be working’ New Year’s
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A security guard who was knifed to death in central London as he tried to stop gatecrashers forcing their way into a party was not meant to be working the night he died, according to reports. Tudor Simionov was stabbed in the chest within the first six hours of the new year while working a shift as [...]
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Sam Underhill: England flanker to see specialist for ankle injury
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England flanker Sam Underhill may struggle to be fit for the Six Nations after damaging ankle ligaments while playing for Bath. England flanker Sam Underhill could be ruled out of the Six Nations after he damaged ankle ligaments in Bath's victory against Leicester on Sunday. The 22-year-old will see [...]
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‘Snowman’ shape of distant Ultima revealed
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The first detailed picture from Tuesday's historic flyby in the outer Solar System is released. The small, icy world known as Ultima Thule has finally been revealed. A new picture returned from Nasa's New Horizons spacecraft shows it to be two objects joined together - to give a look like a "snowman [...]
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CN Brown gives to Norway food pantry
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CN Brown Co.’s corporate office team came together in December to gather food for the food pantry at the Episcopal Church in Norway. Team members brought in a nonperishable food item each day of the month, eventually gathering an estimated $500 worth of food, which was delivered on Christmas Eve. [...]
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Markets dive as China manufacturing weakens in bleak start to 2019
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Australian dollar at risk of crashing below crucial 70 US cent mark as growth slows in Singapore China’s huge manufacturing sector has shrunk for the first time in 19 months, sending stock markets into a tailspin in an ominous start to 2019. The weak data released on Wednesday follows a slew of ot [...]
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Rail fares rise by average of 3.1%
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The price hike comes into force on Wednesday despite a 13-year low in punctuality across the network. ail fares have increased by an average of 3.1% in England and Wales - and almost 3% in Scotland - despite a raft of issues on the network in 2018. The rail industry says 98p of every pound spent on [...]
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