Persistent floods cost India billions in uninsured losses

The human and economic costs of natural disasters can be considerable. Each year hundreds of billions of dollars of economic damage follows from a range of disasters, with the severity and frequency of such disasters projected to increase as climate disruption starts to become more prevalent. One area hit particularly hard in 2015 is India’s Chennai area, Aon’s analysis shows, where $3 billion in economic losses have already been booked. Insurance in the region Read more [...]

China bolsters markets with $20bn injection and hints at curbs on share sales

The Chinese authorities were battling to prop up the country’s stock markets on Tuesday after a surprise cash injection from the central bank failed to calm jitters among investors. Related: Opinion is divided on state of Chinese economy, but not on its importance The unexpected 130 billion yuan ($19.94 billion) injection by the central bank – the largest such move to encourage more borrowing since September – came after a 7% crash on Monday triggered a “circuit-breaker” mechanism Read more [...]

Villagers voice anger over huge housing estate bid which could leave them …

HUNDREDS of worried neighbours and councillors have voiced protests over one of the largest proposed housing developments in Burnley and Pendle’s recent history. But development bosses at Pendle Council believe, with a £1.25million sweetener towards new school places and road upgrades pledged, that 500 new homes for Trough Laithe, near Barrowford, is acceptable. MORE TOP STORIES: Man robbed of car and left covered in blood after ‘terrifying’ attack outside Read more [...]

Promote your events and sell e-tickets with Events.ph

Beginning January 2016, experience seamless and worry-free listing of your events with Events.ph Events.ph (www.events.ph) is one of the brands of AND.PH, Inc. (www.and.ph) and serves as portal of various events happening in the Philippines where corporate clients and consumers can book and buy tickets online for events they wish to attend. Calling the attention of event organizers who have events!  – catch this opportunity for your events to be seen in the Philippine web. Read more [...]

Eight US-listed tech stocks for value investors

X X X <!-- To continue reading this article, you must be a Globe Unlimited subscriber. Number Cruncher access is available exclusively to Globe Unlimited subscribers Subscribe to Globe Unlimited now and get the investment screens that break down the numbers with Number Cruncher! A Globe Unlimited subscription also gives you: Full access to all our award-winning news articles and exclusive features Access and availability on all devices and platforms Real-time Stock Quotes that Read more [...]

Central London-Largest Luxury Apartment Listed For Sale

  The largest luxury apartment in Central London has been put up for sale, and it could be yours for just under 16 million GBP This one-of-a-kind flat features the largest rooms and the highest ceilings (a spacious 11ft from the floor no less) currently available in any Mayfair property. It also boasts not one but two living areas, three large bedrooms with accompanying ensuites, a family kitchen and even its own library. The pad also comes with a complimentary concierge service Read more [...]

George Clooney agrees to tone down CCTV cameras at Oxfordshire mansion

George Clooney has agreed to change the colours of the CCTV system of his Oxfordshire mansion to appease his new neighbours.Residents of Sonning complained after he planted a screen of cameras on and around the £10 million Mill House, calling the installation 'unsightly and intrusive'.Clooney, 54, who bought the property with his wife Amal, 37, in October 2014 after tying the knot in Venice, has now agreed to change the colour of the cameras' protective covers, South Oxfordshire district council Read more [...]

Canada investigates why 6-year-old is listed as travel risk

By Associated Press Published: 18:30 GMT, 4 January 2016 | Updated: 18:30 GMT, 4 January 2016 TORONTO (AP) — Canada's public safety minister has promised to investigate the case of a six-year-old boy whose name appears to be on a travel security risk list.The Ontario boy's father tweeted a photo from Toronto's Pearson International Airport last week that appears to show his son's name, Read more [...]

Miners descend as Chinese factory activity disappoints

Glencore was among the biggest casualties, down 5pc to 85.27p, while Anglo American fell 7pc to 277.85p. Antofagasta lost 5pc to close at 445.7p, BHP Billiton was changing hands at 736p - 3pc lower, and Rio Tinto slipped 4pc to £19.02p. Connor Campbell, of SpreadEx, described the mining industry as “an aggressively negative landscape that doesn’t leave a lot of room for nuanced reactions to data”. The sector suffered a torrid 2015, when in the face of an accelerating rout in commodity prices, Read more [...]

The Guardian considers abandoning multimillion-pound events shed amid cost cuts

The Guardian is believed to be heading for an annual loss of more than £40m as it spends heavily to expand online in the United States and Australia. At the same time its domestic print newspaper faces the sharp decline in advertising that has hit the newspaper industry in the last year. Kath Viner was appointed editor of the Guardian in March 2015 While it now sells fewer than 166,000 copies per day, the print newspaper remains the Guardian’s main source of profit. Plans for the Midland Goods Read more [...]