By: Natasha Clark

I am a political journalist interested in education and business. I previously worked for The Times and Twitter, do a lot of running, and make good cake.

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Reuters to cut 2,000 jobs in financial risk and technology operations

November 1, 2016

Thomson Reuters said it would cut around 2,000 jobs worldwide as part of a restructure across the business. The cuts would mainly affect the financial risk and technology and operations part of the business, it said. There will be no decline in headcount in the Reuters newsroom, a memo to employees stressed. In results released [...]
Kim Jong-un slashes beer prices to get rid of stock

November 1, 2016

North Korean dictator Kim Jong-un has cut the price of beer to get rid of excess ale that was bought for a festival in the summer. Demand has soared since Ryongsong Beer’s price was cut in half from 3,000 North Korean won to 1,500, and Taedong River Beer was reduced from KPW 6,000 to 5,000. It is thought that [...]
Jobseekers enjoy lower competition for jobs as number of vacancies recovers slightly

November 1, 2016

Advertised vacancies were up 0.8 per cent in September in the latest sign that the job market could be experiencing a slight recovery after a slip over the summer. The total number of advertised jobs was 1,132,844 in September, a slight rise from the 1,123,365 seen in August, new figures from Adzuna showed, concluding that confidence [...]
Mark Carney to step down as governor of the Bank of England in 2019

October 31, 2016

Mark Carney, the governor of the Bank of England, has said he will stay in his role until 2019 to help secure an "orderly transition to the UK's new relationship with Europe". Carney, who was appointed to the role in 2012, was appointed for eight years, but made it clear he only intended to serve [...]
Spooky sterling: Pound spikes against the dollar

October 31, 2016

The pound has jumped 0.2 per cent up against the US dollar as October trading revealed sterling's worst monthly performance since the June referendum. The pound leaped up by half a cent against the dollar to $1.2217 at around 16.00 GMT today, though the reason isn't certain. It's also up half a per cent against the euro, to €1.114. This was [...]
Tesco faces £100m damages claim from investors over the overstating of its profits

October 31, 2016

Supermarket chain Tesco is facing a £100m damages claim from investors after the firm overstated its earnings in 2014. Bentham Group, which is providing the financial backing for the group's claim, said today that 125 shareholders are involved in taking action against the supermarket when it overstated its profits by £263m. The legal action will seek to [...]
CenturyLink to buy Level 3 Communications for $19bn cash and stock deal

October 31, 2016

Telecoms company CenturyLink is to buy Level 3 communications in a cash and stock deal to expand their fiber-optic network. Shares in Level 3, which provides internet services to Google and Netflix, were up around five per cent in pre-market trading, while CenturyLink's were down 11 per cent on the back of poor results last week. CenturyLink, a local phone service [...]
Blackstone acquire TeamHealth in $6.1bn deal

October 31, 2016

Private equity firm Blackstone is to acquire TeamHealth in a deal estimated to be valued at $6.1bn (£5.0bn). The firm, which offers outsourced emergency medicines and care solutions to around 3,400 facilities in the US, will be taken over by the first quarter of 2017, if approved by TeamHealth's board. The merger includes a "go shop" period where TeamHealth can [...]
Carney “absolutely” best man for the job says Downing St

October 31, 2016

Theresa May has publicly backed the governor of the Bank of England, Mark Carney, saying he is "absolutely" the best man for the job. The prime minister's spokesperson told reporters today that May was "clear in her support" for Carney, and supported him staying in his post. "The PM would certainly be supportive [for him [...]
General Electric to combine oil and gas operations with Baker Hughes

October 31, 2016

General Electric (GE) and Baker Hughes are to merge their oil and gas sectors as global crude oil prices continue to slump. The deal will create the second-largest player in the oil and gas industry in terms of revenue – $32bn altogether – which will operate in more than 120 countries. The companies said the deal will allow them [...]

HSBC: City market’s top firm turns to Asia and Middle East

Premiership run-in: Saints and Bath will impact top four

Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

By: Natasha Clark

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