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City news:

What Andy Haldane's departure means for the Bank of England

Surprise departure opened up rare vacancy at the top of one of the most important central banks in the world.

The History of International Women's Day

For more than 100 years, March 8 has been known as a special day for women

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  • France, India aim for closer links in China's Pacific playground

    French Foreign Minister Jean-Yves Le Drian is on a three-day official trip to India, hoping to boost France's presence in the Indo-Pacific region. The visit will focus on climate change and academic partnerships, but has been hampered by a scandal surrounding sales of French Rafale fighter jets to Delhi. During his visit to India, Le Drian is to discuss ways to strengthen cooperation in the Indo-Pacific, including a trilateral mechanism which includes Australia, to address emerging challenges in the maritime and space domains.In talks with India's External Affairs Minister, Subrahmanyam Jaishankar,Le Drian has indicated that France will be part of India's Indo-Pacific Oceans Initiative (IPOI).On the issue of climate change, speaking at a panel discussion at the French embassy in New Delhi, Le Drian said that France wants to work together with India in tackling climate change issues, focusing on action against single-use plastic, reducing CO2 emissions by using decarbonised hydrogen in power production.Le Drian proposed to jointly focus on the "electricity mix" popular in France that is produced by both renewables and nuclear energy, illustrated by a 2019 memorandum of understanding between the CEA-Liten, a French company specialised in alternative energy production and storage, and the Indian National Institute of Solar Energy.France also intends to increase the influx of Indian students into French institutes of higher learning in the framework of the "Young Leaders Program". In a speech at the French embassy on Tuesday, Le Drian said that France aims "to have of 20,000 Indian students in higher education institutions in France by 2025."Rafale PapersDays before Le Drian's visit to India, online investigative journal Mediapart published the third part of the Rafale Papers, which claim that in 2016, Rafale manufacturer Dassault Aviation and French defence electronics firm Thales paid "millions of euros" to Sushen Gupta, an influential Indian intermediary in arms deals after successfully "removing anti-corruption clauses from the fighter contract," for the sale of 39 Rafales to India, which was subsequently signed by Drian himself, then defence minister.During a press conference on 8 April, the French Foreign Ministry denied involvement in "the choice of Indian industrial partners who were, are or will be selected by French manufacturers" and did not confirm details of the Mediapart article.On Thursday, Le Drian is to travel to Bengaluru, where he will visit the Bangalore Life Sciences Cluster, which hosts French-Indian cooperation projects, and inspect the Human Space Flight Centre, where France partners in the development of space technology.

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  • UFC 264: Conor McGregor-Dustin Poirier confirmed for capacity crowd in Las Vegas

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  • 3 Things You'll Want to Know When Coca-Cola Reports Earnings

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  • Get up to 50 percent off Le Creuset in one of the brand’s biggest sales of the year

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  • Rob McElhenney Shares His Jacked Mac Workout

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  • Amazon Canada shoppers are loving this affordable ultrasonic toothbrush: 'Well above my expectations'

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  • Ponzi scheme mastermind Bernie Madoff dies in prison aged 82

    Bernie Madoff, the financier orchestrated the biggest Ponzi schee in history, has died in prison, aged 82. Madoff died at the Federal Medical Centre in Butner, North Carolina, from natural causes, Associated Press reported. Last year, Madoff's lawyers filed court papers to try to get the 82-year-old released from prison in the Covid-19 pandemic, saying he had suffered from end-stage renal disease and other chronic medical conditions.

  • Arlene Foster felt ‘humiliated’ over celebrity doctor’s ‘affair’ tweet

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  • Covid surge testing for South African variant begins in Barnet

    People living in the London borough of Barnet are being urged to undergo coronavirus testing after a case of the South African variant of Covid-19 was detected. Officials will visit residents door-to-door in areas under the N3 postcode to deliver PCR test kits and a mobile testing unit will be set up in the car park of Finchley Central Station. “From Thursday 15 April we will start testing people for this variant in specific postcode areas affected in N3 or those who shop on the local high street.”

  • Glen Kamara: Slavia Prague’s Ondrej Kudela banned for 10 games after racially abusing Rangers midfielder

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  • UEFA confirms Rome as ninth definite host city for Euro 2020

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  • Format Frenzy: Hit Unscripted Shows Score Global Sales – Global Bulletin

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  • Manchester United XI vs Granada: Predicted lineup, confirmed team news, latest injury list for Europa League

    Manchester United have one foot in the Europa League semi-finals as they prepare to host Granada on Thursday night. United won the first leg of their quarter-final tie 2-0 in Spain last week, meaning Granada must score at least twice at Old Trafford to stand any chance of reaching the last four of the competition. The Red Devils' dominant position would suggest Ole Gunnar Solskjaer may take the chance to rest some players, but the last-32 would suggest otherwise.

  • Majority of American women admit to being serial pimple poppers

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  • India sees record-high Covid cases as Mumbai forced into lockdown

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  • Oil Jumps With U.S. Supply Drop Adding to Brighter Demand View

    (Bloomberg) -- Oil surged the most in a week with declining U.S. crude stockpiles further fueling optimism after the International Energy Agency raised its global consumption outlook for this year.Futures rose as much as 3.7% in New York on Wednesday to the highest intraday level since March 18. A U.S. government report showed domestic crude inventories fell by 5.89 million barrels last week, the biggest decline in two months, bringing nationwide supplies to the lowest since late February.The IEA lifted its forecast for oil consumption this year, following a similar move by OPEC this week. The IEA report pointed to a stronger outlook for the U.S. and China, while also noting the existing strength in other key demand hubs like Japan.West Texas Intermediate crude futures for May delivery climbed $2.01 to $62.19 a barrel at 10:33 a.m. in New York. Brent for June settlement rose $1.98 to $65.65 a barrel on the London-based ICE Futures Europe exchange.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.