Posts by Amelia Frost
UK Supreme Court Opens Car Loans Hearing As Banks Risk Huge Bill
[ad_1] The UK’s highest court on Tuesday began a hearing to determine whether controversial car loans were unlawful, in a case that could cost banks billions of pounds in compensation. Banks are appealing a landmark ruling by a Court of Appeal in November that deemed it unlawful for car dealers to receive a commission on…
Read MoreHooters Files for Bankruptcy, but Its Restaurants Will Stay Open
[ad_1] Hooters, the restaurant chain known for its chicken wings, its all-female serving staff in revealing outfits and its slogan — “delightfully tacky, yet unrefined” — has filed for bankruptcy in a Texas court, the company announced on Monday. Under the bankruptcy agreement, a group that includes the company’s founders — who independently run about…
Read MoreEurozone Inflation Eases In March As Tariff Threat Looms
[ad_1] Inflation in the eurozone slowed further in March, official data showed on Tuesday, indicating possible breathing room for policymakers despite the threat of turbulence from US trade tariffs. Inflation in the single currency area reached 2.2 percent, calmed by an easing of energy tariffs and prices in the services sector, the EU’s Eurostat statistics…
Read MoreTrump Signs Executive Order To Combat Ticket Gouging, As Kid Rock And Industry Leaders Back Reform
[ad_1] President Donald Trump signed an executive order Monday designed to protect fans from ticket gouging practices and bring reform to the U.S. live entertainment ticketing sector. The order, signed in the Oval Office, directed the Federal Trade Commission (FTC) to enforce competition laws within the concert and entertainment industries, CNN reported. During the signing,…
Read MoreIsrael PM Drops Security Chief Nominee Under Fire From Trump Ally
[ad_1] Israeli Prime Minister Benjamin Netanyahu’s office said Tuesday he had reversed a decision to appoint former navy commander Vice Admiral Eli Sharvit as security agency chief following criticism, including from a key US senator. Netanyahu had announced Sharvit’s appointment on Monday, pushing back against a supreme court decision to freeze his government’s move to…
Read More‘Can Collapse Anytime’: Mandalay Quake Victims Seek Respite Outdoors
[ad_1] After a night sprawled out on cardboard panels under hastily erected plastic tarps, hundreds of Mandalay residents awoke Tuesday to more earthquake recovery work, wondering when they can return safely to permanent shelter. The violent 7.7-magnitude earthquake struck Friday near the city in central Myanmar, killing more than 2,000 people, with fears the toll…
Read MoreFrench Prosecutors Demand Volkswagen Face Fresh Dieselgate Trial
[ad_1] Volkswagen in 2015 admitted installing test-cheating emissions devices AFP Prosecutors in Paris have called for German carmaker Volkswagen to face justice in France to compensate French consumers over the Dieselgate emissions fraud scandal, according to a court filing seen by AFP on Tuesday. In one of the biggest scandals to hit the auto industry,…
Read MoreElon Musk Claims He’s Supporting Ashley St. Clair’s Child Despite Uncertainty Over Fatherhood
[ad_1] Tech billionaire Elon Musk has denied allegations that he “financially retaliated” against Ashley St. Clair and their child, despite uncertainty over his paternity. In a recent social media exchange, Musk asserted that he has provided financial support and is open to confirming whether the child is his. On March 31, 53-year-old Elon Musk responded…
Read MoreSenator Cory Booker Delivers Marathon Speech Against Trump Administration Policies
[ad_1] New Jersey Senator Cory Booker took to the Senate floor for a marathon speech, continuing late into the night, as he voiced strong criticism of decisions made by President Donald Trump’s administration. The Democratic senator has spoken for hours, starting at 7 p.m. ET on Monday evening. A prominent member of the Senate Democratic…
Read More‘Heartbreaking’ Floods Swamp Australia’s Cattle Country
[ad_1] Whole herds of cattle have drowned in vast inland floods seeping across the Australian outback, officials said Tuesday as the muddy tide drenched an area the size of France. Swollen rivers burst their banks after unusually heavy downpours last week over outback Queensland, an arid region home to some of the country’s largest cattle…
Read MoreDesperate Rohingya Mark Eid In Indonesia Limbo
[ad_1] Rohingya refugee Abdul Aziz was in high school when he first fled to Indonesia, but four years on, he remains in limbo, desperately missing home at the start of Eid al-Fitr festivities. The 19-year-old, and thousands like him, languish at temporary shelters in the western Aceh province, after escaping squalid conditions in a refugee…
Read MoreAsian Markets Edge Back But Trump Tariff Fears Dampen Mood
[ad_1] Asian markets mostly rose Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment remains sluggish and gold hit another record high as Donald Trump prepares to unveil sweeping tariffs. Investors have been rushing to position themselves for the US president’s “Liberation Day” on Wednesday, when he warned he will…
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