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Tag: loses

London loses top financial centre ranking

London loses top financial centre ranking

Business
London has lost its status as the world's top financial centre, according to rankings showing gains for post-Brexit rivals. The latest Z/Yen Global Financial Centres Index showed New York overtaking the UK's capital for the first time since 2015.The City think tank, which compiles its lists using data from international bodies such as the World Bank and responses to a survey, said there was evidence London had been knocked, but only slightly, by uncertainty over Brexit.:: Why Brexit may not spell end of LondonRivals within the EU for financial services business currently in the UK were among the cities making the greatest strides, the report said, though Asian centres stood out."Zurich, Frankfurt, Amsterdam, Vienna, and Milan moved up the rankings significantly. ...
U2 cancel Berlin gig after Bono loses his voice

U2 cancel Berlin gig after Bono loses his voice

Entertainment
U2 frontman Bono has been forced to cancel a Berlin gig just four songs in to the show after losing his voice. A statement posted on the band's website apologised to fans, saying: "We're so sorry for tonight's cancellation. "Bono was in great form and great voice prior to the show and we were all looking forward to the second night in Berlin, but after a few songs, he suffered a complete loss of voice."We don't know what has happened and we're taking medical advice."Actress and activist Ashley Judd who was in the audience at the time posted a short video of Bono performing, before his voice failed him. The power of #bono voice before it surprised him in #Berlin and left him abruptly...he was singing his guts out (per usual). @u2 @U2eiTour The...
BT loses TV rights for 'ultimate fighting' and NBA basketball

BT loses TV rights for 'ultimate fighting' and NBA basketball

Business
BT is understood to have lost the rights to broadcast NBA basketball and UFC ultimate fighting after walking away from a bidding contest."We won't bid any more than the rights are worth to us," a spokesperson for the telecoms giant told the BBC. The move comes weeks after BT lost the rights to Italian Serie A football.The firm spends around £1bn a year on sports rights, such as Premier League and Champions League football, a sum which some investors have criticised.BT's sports channels will continue to show NBA Basketball until the end of October and UFC until 3 December. BT boss Gavin Patterson to step down Eleven Sports win Serie A rights The loss means BT's sport channels will show fewer popular sports, but the firm's sp...
Graham Spanier, ex-Penn State president, loses appeal in Jerry Sandusky case

Graham Spanier, ex-Penn State president, loses appeal in Jerry Sandusky case

Sports
Graham Spanier, former president at Penn State University, lost an appeal of his misdemeanor conviction for child endangerment over his handling of a 2001 complaint about Jerry Sandusky showering with a boy in the football team locker room. Sandusky was a long-time Penn State football assistant who is serving a 30-to-60-year sentence for 45-count child sexual abuse conviction. A Superior Court in Harrisburg, Pa., rejected Spanier's claims that too much time had passed to charge him, that he was not legally obligated to care for the boy and should not have been charged because he did not supervise children directly. "To hold that (he) was not supervising a child's welfare when he oversaw PSU's response to the Sandusky allegations, or to hold that he owed no duty of care in his exercise...
Antarctica loses three trillion tonnes of ice in 25 years

Antarctica loses three trillion tonnes of ice in 25 years

Science
Antarctica is shedding ice at an accelerating rate. Satellites monitoring the state of the White Continent indicate some 200 billion tonnes a year are now being lost to the ocean as a result of melting. This is pushing up global sea levels by 0.6mm annually - a three-fold increase since 2012 when the last such assessment was undertaken. Scientists report the new numbers in the journal Nature.Governments will need to take account of the information and its accelerating trend as they plan future defences to protect low-lying coastal communities. The researchers say the losses are occurring predominantly in the West of the continent, where warm waters are getting under and melting the fronts of glaciers that terminate in the ocean. ...