LONDON News

Tuesday 30th September 2014
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LONDON Facts


Population: Approx 6,962,319
Longitude: -0.17
Latitude: 51.5
Street Map: Click Here
Country: United Kingdom (UK)
Weather Station: London Weather Centre
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News Headlines

London Mining's cash crunch warning sends shares to record low
By Karen Rebelo (Reuters) - London Mining Plc warned it did not have sufficient cash to operate its only mine, sending the iron ore miner's shares plunging 59 percent to a record low. The owner of the Marampa mine in Sierra Leone said it was in talks for a potential strategic investment, but any funding would involve significant equity dilution. Smaller iron ore miners in West Africa are facing ...
London Metal Exchange hikes 2015 trading fees by 34 percent
The London Metal Exchange (LME) hiked trading fees for 2015 by 34 percent on Monday as its owner moved to boost profit from the world's biggest industrial metals market after a costly takeover. The 137-year-old LME had warned of hefty increases after years of operating as a member-owned market that kept a lid on trading fees, but the average rise turned out to be significantly less than some ...
London Mining Falls as Producer in Lender Talks to Keep Trading
London Mining Plc (LOND) fell to a record low after the Sierra Leone iron-ore producer that’s slumped 78 percent this year said it’s in talks with banks and a potential new investor as it seeks funding to keep trading.
London Mining warns of insufficient cash; shares plummet
(Reuters) - London Mining Plc warned it did not have sufficient cash to operate its mines without raising more funds, and said it was in detailed talks for a potential strategic investment.
London Mayor’s Big Pitch Upstaged by Thatcher-Like May
London Mayor Boris Johnson usually spends the Conservative Party’s annual conference upstaging every other speaker. Today, it was his turn to be overshadowed, as Home Secretary Theresa May delivered a speech ranging from civil rights to a call to war that amounted to a pitch for the party leadership.
British Bytes: Tech Startups Share Their Favorite London Eats
Lured to London (and the United Kingdom as a whole) by small-business-friendly policies like special startup visas for employees and a reduced capital gains tax, startups in the city are now hiring and raising capital at record rates. According to CB Insights , London-based tech companies raised $1.23 billion across 231 deals from Q2 2013 to Q1 2014, a 206% growth in funding from the same time ...
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Sports Headlines

Trendsetters at Work: Octagon Football
Attention, football fans! In today's specially-themed sports edition of Trendsetters at Work, we had the opportunity to catch up with former NFL stars Charles Fisher and John...
Football: Verdugo Hills gets lift from Troy Richards
Verdugo Hills football Coach Chad Runnels has been trying for several years to get Troy Richards to play football. He's been the starting center fielder for the baseball team.
Football commands highest TV ad prices
NEW YORK (AP) — Pro football pays the bills in prime-time television.
Veteran Football Agent Leaves Athletes First To Start Vanguard Sports Group
Veteran football agent Joby Branion, who represents Mike Glennon and many other NFL players leaves Athletes First to start his own firm Vanguard Sports Group.
Sports digest: Major sports oppose New Jersey gambling
Four major professional sports leagues and the NCAA filed a court challenge Monday to the state’s latest attempt to offer legal sports gambling, calling the effort “astounding,” ‘’specious” and a “blatant violation” of an earlier court order.
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