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Ace Breaking News

U.K BBC Charter Renewal on Licence Fee Changes That Could Mean Taxing Streaming Services

Ace Breaking News – The BBC licence fee is considered a compulsory payment required to watch live TV and use BBC services, and it has been reclassified as a tax by the Office for National Statistics. Currently, the fee is £180 per year, and there are discussions about potential reforms to this funding model here’s […]

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Ace Security Desk

ANALYSIS: China Removes Western Wind Power Equipment to Boost Their Security With Domestic Alternatives

Ace Security Desk – According to analysis of public procurement documents by a Polish state-backed thinktank, Chinese wind companies are “replacing” European components with domestic alternatives due to “security and control” concerns, by Will Mathis, Bloomberg It goes onto say that implications for Europe’s wind turbine industry are “significant” The Guardian reports that the Inter-Parliamentary Alliance on […]

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Ace Breaking News

U.K GOV. DEFRA Declares ‘Severe Drought’ in Parts of England for First Time in History

Ace Breaking News – Government activates plan to protect consumers as severe drought declared in parts of England The Government has declared severe drought in parts of Cornwall, Devon, Dorset, Somerset, East Sussex and West Sussex. Water companies in parts of England have been told to step up drought planning, as the Government takes measures […]

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Ace Business Desk

Kmart Australia in Court Over ‘Safety Concerns’ With Cosmetic Nail Glue & Button Batteries

Ace Business Desk – The ACCC has commenced Federal Court action against Kmart Australia Ltd, a subsidiary of Wesfarmers (ASX: WES), alleging it breached the Australian Consumer Law by selling millions of units of cosmetic nail glue without adequate warnings and thousands of units of button battery products which did not comply with mandatory standards: […]

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Ace Breaking News

U.S Treasury Dept Says Bank of America Fined $1.2bn Over Failing to Stop Money Laundering

Ace Breaking News – Bank of America has been fined $1.2bn (£910m) for failing to detect potential money laundering and other illegal activity, the US Treasury Department said on Tuesday BBC Breaking News reports The banking giant failed to report over $5bn in suspicious activity to the government, $1bn of which posed national security and […]

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Ace Breaking News

U.K GOV. Parliament Announcement PM Confirms Ed Miliband ‘Approves New Drilling in Falklands Oil Field’

Ace Breaking News – The decision will likely further deteriorate relations between Britain and Argentina But on Tuesday, it was reported that the foreign secretary has approved new drilling in the Sea Lion field, which is estimated to hold 1.7 billion barrels of oil and expected to start producing from 2028. Ed Miliband has signed off […]

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Ace Breaking News

Indonesia Wildfire Fuelled by El Niño Badly Hits Wildlife & Razes Almost 300 Homes Forces Evacuation

Ace Breaking News – Hundreds of people displaced in Bangka Belitung with conditions described as worst in a decade with wildlife also badly hit by The Guardian by Jonathan Watts with Agence-France Presse contributing to this report A forest fire on Indonesia’s Sumatra island fuelled by El Niño has razed nearly 300 homes, forcing hundreds […]