Poland hopes to fix leak in Russia's Druzhba oil pipeline by Tuesday
By Anna Wlodarczak-Semczuk WARSAW (Reuters) -Polish pipeline operator PERN said it had halted pumping through a section of the Druzhba
2023-08-07 03:49
Ahead of two key inflation reports, what would a soft landing look like exactly?
The case for a US recession has been slowly collapsing as inflation eases and the economy holds remarkably steady, despite 11 interest rate hikes since the Federal Reserve began its latest battle against inflation in March 2022.
2023-08-06 19:49
Leon Black agrees to pay $62.5 million to avoid Jeffrey Epstein-related lawsuits in the US Virgin Islands
Leon Black agreed to pay the Virgin Islands government $62.5 million in cash in January. In exchange, the Virgin Islands released Black from any current and future legal claims related to Jeffrey Epstein.
2023-08-05 08:49
United Airlines buying land in Denver as it pursue growth strategy
By David Shepardson and Rajesh Kumar Singh United Airlines on Friday said it is spending $33 million to
2023-08-04 22:25
Soaring mortgage costs ‘affecting mental health of almost a third of people’
Almost a third of people in England and Wales said their mental health has been affected by soaring mortgage costs in the past year, according to new research. For people with existing mental health problems, nearly four in 10 said the rising costs had worsened their mental health. Mind, the UK’s biggest mental health charity, also said it had seen a 55% increase in the number of people contacting its Infoline over the last 18 months about financial difficulties, including welfare, unemployment and personal debt. The charity’s survey of 3,015 respondents across England and Wales in March and April came before Thursday’s news that the Bank of England had raised interest rates to 5.25% from 5%. The hike, which is yet another bid to get inflation under control, will put more pressure on mortgage holders. Mind’s survey – carried out by Censuswide – suggested that 29% of people had been affected by hearing about or experiencing increasing mortgage costs over the last year. Ten per cent said that it had affected their mental health a lot, the charity added. For people with existing mental health problems, some 36% said the increasing mortgage costs had made their mental health worse. Money problems and mental health often form a vicious cycle, and when we’re struggling to deal with one, the other can become much harder to manage, particularly when it threatens to impact our housing situation Vicki Nash, Mind The charity said younger people were particularly affected, with almost half (48%) of those aged between 16 and 24 saying that the mortgage situation had impacted on their mental health. Vicki Nash, Mind’s associate director of external affairs, said financial difficulties and mental health problems “often form a vicious cycle”. She said: “As we continue to grapple with the rising cost of living, news of yet another possible increase in mortgage rates will be difficult for many families to bear. “Money problems and mental health often form a vicious cycle, and when we’re struggling to deal with one, the other can become much harder to manage, particularly when it threatens to impact our housing situation. “We know some people are becoming so unwell that they need hospital treatment for their mental health. “When this happens the care they receive when they leave hospital is critical so we are calling for the introduction of comprehensive welfare checks, including of people’s financial situation. “These figures show this is a mental health emergency that everyone is going to need help to deal with. We know we can’t fix the cost-of-living crisis but support for your mental health is out there, and we are here for you. “This includes through Mind’s Infoline, online community, Side by Side and the useful information on our website that will be available throughout this difficult period.” Mind has a confidential information and support line which can be called on 0300 123 3393 between 9am and 6pm from Monday to Friday, or people can visit mind.org.uk. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live The devastating mental health impact of soaring mortgage costs Consuming foods with added sugars may increase risk of kidney stones – study Why TikTok is going wild for lip oil
2023-08-04 17:59
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
2023-08-04 13:23
Bank of England raises interest rates for the 14th time
The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high.
2023-08-03 19:20
Holiday travel boom here to stay, says Lufthansa
By Maria Sheahan BERLIN The boom in holiday travel shows no signs of ending, German airline group Lufthansa
2023-08-03 18:47
Irish service growth remains robust, inflation pressures ease-PMI
DUBLIN Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight
2023-08-03 08:45
New Zealand’s jobless rate rises, wage pressures ease, helping central bank
By Lucy Craymer WELLINGTON (Reuters) -The New Zealand jobless rate hit a two-year high in the June quarter as strong
2023-08-02 11:49
Toyota unveils the retro-styled return of the Land Cruiser
Just three years after being discontinued in North America, the Toyota Land Cruiser is coming back — with an all-new, retro-styled design. Besides the classic looks, the new Land Cruiser will also have a more accessible price than before.
2023-08-02 09:30
What you need to know about the incandescent light bulb ban
America's ban on incandescent light bulbs, 16 years in the making, is finally a reality. Well, mostly.
2023-08-01 19:50