News That Matters

Tag: third

Economic growth strengthens in third quarter

Economic growth strengthens in third quarter

Business
UK economic growth picked up in the third quarter of the year to a better than expected 0.4%, according to preliminary figures.In its first estimate of growth for the three months to September, the Office for National Statistics (ONS) said spending in the dominant services sector continued to be the engine behind the economy's performance.However, the fact growth was driven by a pick-up in retail spending and car sales will intensify worries at the Bank of England that people are living beyond their means as unsecured consumer debt levels hover around pre-crisis highs at £200bn.The headline growth figure fuelled expectations the Bank will move to make borrowing less attractive and tackle rising inflation next month by raising interest rates from their post-Brexit vote low of 0.25%.Video:Th
Heathrow third runway public consultation reopened

Heathrow third runway public consultation reopened

Business
A public consultation into the planned third runway at Heathrow Airport has been reopened to include new evidence.The Department for Transport (DfT) published a series of new reports on the environmental impact of expanding the west London airport. It also revealed that London's airports are expected to hit full capacity by 2034 if there is no expansion.The consultation initially closed in May, but will now be reopened until December. The DfT insisted it is "on track" to publish final proposals for expansion in the first half of 2018, ahead of a vote in Parliament.Among the series of new reports are an updated noise analysis and a new air quality plan.The government said higher demand for flights also meant the capital's five airports would hit full capacity six years sooner than expected...
Global carbon emissions stall for third year straight, according to new report

Global carbon emissions stall for third year straight, according to new report

Science
Oct. 20 (UPI) -- For the third year in a row, global carbon dioxide emissions have stalled, according to the latest report by the European Commission's Joint Research Center and the Netherlands Environmental Assessment Agency.According to the latest data, the United States and Russia both decreased their CO2 emissions by 2 percent in 2016. Japan decreased carbon emissions by 1 percent. Europe and China's CO2 emissions both held steady, while India increased carbon emissions by 5 percent. Brazil also decreased CO2 emissions by 6 percent.Most developing economies across Eurasia and Southeast Asia, however, increased carbon emissions.Despite in an uptick in emissions in countries like Pakistan and the Philippines, decreases in emissions in the the largest greenhouse gas-emitting countries ens...
C.J. Spiller: Kansas City Chiefs sign running back for third time

C.J. Spiller: Kansas City Chiefs sign running back for third time

Sports
Sept. 9 (UPI) -- The Kansas City Chiefs have signed running back C.J. Spiller for a third time this year.A source told the Kanas City Star that the team signed the seven-year veteran on Friday night. Spiller first joined the franchise in February. He was released for the first time by the Chiefs on Sept. 2, before being re-signed on Sept. 3. The Chiefs brought back the running back at that point after putting cornerback Steven Nelson on injured reserve. Spiller was cut again on Thursday."I actually had the chance to talk to C.J. today and as you know C.J., being a veteran in this league, is not subject to waivers and there's a possibility that C.J. may end up on our roster," Chiefs general manager Brett Veach told reporters after Spiller's first cut."Again, we've had that conversation. We'...
U.S Futures Lower For Third Day as Geopolitical Risks, Profit-Taking Lingers

U.S Futures Lower For Third Day as Geopolitical Risks, Profit-Taking Lingers

Finance
Shutterstock photoU.S. stock futures were trading lower for a third straight day as geopolitical tensions between the U.S. and North Korea dampened investor's appetite for risk and overshadowed upbeat corporate earnings from Macy's ( M ), 21st Century Fox ( FOXA ) and Kohl's ( KSS ).Unnerved by Pyongyang's latest threat to fire ballistic missiles at a U.S. territory by the middle of August, global investors sold equity assets and rotated into safe-havens like the U.S. 10-year Treasury note, gold, the Japanese yen and Swiss franc. The rotation is being amplified by profit-taking in most sectors with the notable exception of defense stocks with shares of Lockheed Martin ( LMT ), Ratheon ( RTN ) and Northrup Grumman (NOC) set to open at record highs.A contraction in producer prices -- an...