Tag: british

BUSINESS

Cineworld Takes Stock

Cineworld Group plc, the British entertainment conglomerate based in London has seen its share fall more than 60% much to the chagrin of stockholders. The company, which also owns the Picturehouse chain in the UK, is struggling under $5 billion worth of debt. The pandemic crisis took a toll on the company’s bottom line and it is now set to […]

NEWS

UK’s Boris Johnson Faces No-Confidence Vote: All You Need To Know

Johnson has promised to fight on as leader, but if he loses the confidence vote he will be out of a job, and a contest to replace him will begin. British Prime Minister Boris Johnson is facing a no-confidence vote on Monday after a series of scandals, including a damning official report about lockdown-breaking parties at his official residence. Johnson has promised to fight on […]

BUSINESS

BP Sees Mammoth Increase In Profit

BP plc, the British oil and gas company has seen its profits for the first quarter of this year more than doubled after oil and gas prices soared. The energy company reported an underlying profit of $6.2 billion compared to $2.6 billion in the same period last year. BP said the increase was ahead of expectations and due in part […]

BUSINESS

British Company Sacks 800 Employees Via Video Call

British shipping company P&O Ferries invoked condemnation for its action by firing 800 employees with the view of having them replaced with cheaper agency workers. Employees were told via a video call to get off the ship as it was their final day of employment. Some refused to leave their ships in protest and were forcibly removed. P&O said it […]

LIFESTYLE

British Singer Ed Sheeran Before The Court

British singer Ed ‘Shape of You’ Sheeran is challenging copyright accusations brought against him by the Oh Why singer, Sami Chokri. Sheeran is accused of copying portions of Chokri’s 2015 song. Sheeran sang before London’s High Court to prove his innocence and illustrate how the rhythm of his song is commonplace in pop culture. He denied ever hearing Chokri’s song […]

POLITICS

China’s Betrayal

The former British governor of Hong Kong Christopher Patten, the last governor to serve before China took charge in 1997, has accused Beijing of betraying the city with a new proposal that would curtail its autonomy. “What we are seeing is a new Chinese dictatorship,” Patten stated in an interview with The Times of London. “I think the Hong Kong […]

Jamaica

The Jamaican Dollar Rachets Up

The US dollar on Wednesday, July 17 ended trading at J$137.31 up by 28 cents according to the Bank of Jamaica’s daily foreign exchange trading summary. Meanwhile, the Canadian dollar ended trading at J$103.12 down from J$106.26, while the British pound sterling ended trading at J$167.69 up from J$167.56. Readers Bureau Edited by Jesus Chan Do you want to add […]

EDITORIAL

Theresa May Stands Ready To Finish The Job

Theresa Mary May, the British Prime Minister of the United Kingdom and Leader of the Conservative Party since 2016, is no ordinary politician and whatever the Brexit result turns out to be one cannot fault her for fighting to carry out the will of the people. Elected Member of Parliament for Maidenhead in 1997, May served as Home Secretary from […]