Page 147 - Round Up News Today

KUALA LUMPUR: The number of flood victims in Kelantan and Perak continues to rise on Sunday (Dec 17) night, while the situation in Terengganu and Selangor is reportedly improving.

Lord Cameron has joined forces with his German counterpart to call for a “sustainable ceasefire” in the Middle East and warn that “too many civilians have been killed” in the Hamas-Israel conflict. In a marked change of tone by the government which piles pressure on the Israeli government to end the bloodshed, the foreign secretary has united with Annalena Baerbock, the German foreign minister, to demand “a sustainable ceasefire, leading to a sus...

Almost 200 homes in London have been sold for £10m in the past year as the super-rich’s pandemic-inspired desire for a place in the country wanes compared to their wish for swish bolt-holes in the capital. A total of 175 homes were sold for £10m-plus in the 12 months to November 2023, the highest number for eight-years, according to research by the estate agent Knight Frank. – Guardian

Tighter rules are needed to ensure that the imported “used” cooking oil that airlines hope will power cleaner flights is not in fact virgin palm oil, campaigners have warned. About 80% of waste oil is imported to create biofuels that are mostly still used in cars, vans and lorries despite growing demand from aviation. About 60% of those imports come from China. – Guardian

Regulators should take action to curb a sharp rise in the price of infant formula, pregnancy campaigners have said, after a UK survey found more than half of women felt anxious about the cost of feeding their babies, with the number who expressed concerned rising by a quarter in two years. The British Pregnancy Advisory Service (BPAS) found 65% of mothers were worried about the price of feeding their babies, and the same number said it had a negative impact on their family’s finances. ...

Bank of England concerns over the high level of pay awards are likely to be eased in the coming months as wage settlements fall in response to a tumbling annual inflation rate, a thinktank has said. The Resolution Foundation said recent strong growth in earnings was primarily caused by a sharp increase in the cost of living, with workers trying to prevent their living standards being eroded. – Guardian

US multinationals underpaid £5.6bn in tax in the UK last year, HM Revenue & Customs believes, according to a national accountancy firm. The suspected deficit is 14% higher than the figure from the previous year, and would mean US companies now make up nearly half of underpaid tax into British coffers from foreign companies. – Guardian

India’s stock market is poised to take Hong Kong’s spot among the world’s largest trading venues, in a rise analysts say attests to investors’ optimism about the economic prospects of the world’s most populous country. The total market capitalisation of companies listed on the National Stock Exchange of India was $3.7tn as of the end of October, according to the World Federation of Exchanges, a trade association of publicly regulated stock market...

The "World Premieres" are back - That's it, folks. Another year, another Game Awards ceremony has come and gone. And what ...

Profiteering has played a significant role in boosting inflation during 2022, according to a report that calls for a global corporation tax to curb excess profits. Analysis of the financial accounts of many of the UK’s biggest businesses found that profits far outpaced increases in costs, helping to push up inflation last year to levels not seen since the early 1980s. – Guardian