Business

Whirlpool tumble dryers: MPs’ anger as replacement ends

MPs are demanding to know why the white goods manufacturer Whirlpool ended a product replacement scheme for dangerous tumble dryers. The Commons business committee says that more than a million of the defective machines remain in UK homes. In November a coroner blamed an electrical fault in a

Business

Barclays axes free Kaspersky product as a ‘precaution’

Barclays has stopped offering free Kaspersky anti-virus products to its customers following an official warning about Russian security software. The bank emailed 290,000 online banking customers on Saturday to say the move was a "precautionary decision". UK cyber-security chiefs are warning government departments not to use software from Russian companies for systems

Business

Arnold Schwarzenegger Award Rescinded By D.C. Watchdog Group Amid Controversy

Rex/Shutterstock Government watchdog group Common Cause has rescinded an award scheduled to be presented tonight to Arnold Schwarzenegger following an outcry over past sexual harassment allegations made against him. The group was scheduled to honor the former California governor with the “We the People Award” for his work on gerrymandering reform at the awards dinner at

Business

A political fog on eurozone reform — courtesy of Paris and Berlin

Political Economy is a column about the intersection of economics, finance and politics across Europe. PARIS — A European institution that hasn’t been used much for three years has become a showcase of the political hypocrisies surrounding talks to reform the eurozone. The bloc’s bailout fund — the European Stability Mechanism — is at the center of the debate on the

Business

ESPN Analyst Aaron Boone Set To Be New York Yankees Manager – Reports

The New York Yankees have reached into the TV broadcasting booth for their next manager, naming ESPN analyst Aaron Boone as the successor to former leader Joe Girardi, according to multiple reports. Boone has no prior managerial or coaching experience, but is a former major league player, including a memorable stint with the Yankees that included a walk-off,

Business

Russia continues stocking up on gold under Putin’s strategy

Published time: 2 Dec, 2017 06:34 The Central Bank of Russia (CBR) is increasing the country’s gold reserves to meet a goal set by President Vladimir Putin to make Russia less vulnerable to geopolitical risks. As of November, Russia had 1,801 tons of gold accounting for 17.3 percent of all reserves. Russia is the sixth largest gold owner after the United States,