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Angola’s state diamond group seeks global partners to become a top 3 producer

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry




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Non-bank lenders push for access to emergency state funding

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers




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US state pension system hit hard by coronavirus pandemic

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio




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Wirecard under investigation over statements to investors

German regulator looks at group’s statements ahead of KPMG special audit report




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Plumbing group Ferguson considers stateside listing

Loss would be a blow to London market and unpalatable to some UK-based fund managers




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Coronavirus: NY Fed economists find hardest-hit states received fewer PPP loans — as it happened

The US private sector shed a record 20m jobs in April as coronavirus lockdowns and the resulting closure of non-essential businesses led to historic joblessness

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Pinn’s illustration of the week: State of the nation

The US Republican party rallies behind Donald Trump




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Carmakers hit by lack of state support in emerging markets 

Suppliers that exploited cheaper labour hit by big wage bills for shuttered plants




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Commercial real estate could be in trouble, even after COVID-19 is over

Commercial real estate owners, brokers and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. To state the obvious, extracting rent from nearly anyone right now […]




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Trump’s hype for state lockdown protests puts Twitter and Facebook’s new COVID-19 policies to the test

A new flurry of tweets from President Trump is pushing the limits of social platform policies designed explicitly to keep users safe from the spread of the novel coronavirus, both online and off. In a series of rapid-fire messages on Friday morning, Trump issued a call to “LIBERATE” Virginia, Minnesota and Michigan, all states led […]




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Facebook, Reddit, Google, LinkedIn, Microsoft, Twitter and YouTube issue joint statement on misinformation

In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities healthy and safe,” the statement […]




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Powerful House committee demands Jeff Bezos testify after ‘misleading’ statements

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]




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China’s Covid-19 QR code surveillance state

Phone-based system controls entry and exit to neighbourhoods and taxi cabs




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Utah tech magnates create new Silicon Slopes Venture Fund to boost startups in the state

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]




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EIA expects the United States will return to being a net importer of crude oil and petroleum products

In the April Short-Term Energy Outlook (STEO), EIA forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021. Fewer barrels are available for export as U.S. crude oil production continues to decline. In addition, net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs decline in response to lower demand for refined products.




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United States will return to importing more crude oil and petroleum products than it exports

In the April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through 2021. More net imports of crude oil and less net exports of petroleum products drove this change. EIA expects net crude oil imports to increase because as U.S. crude oil production declines, fewer barrels will be available for export. Net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs will decline significantly because of lower demand for refined products. In September 2019, the United States exported more crude oil and petroleum products than it imported for the first month since records began in 1973. EIA previously expected the United States to continue as a net exporter in most months through 2021. However, as a result of recent significant changes in global oil market dynamics, EIA now expects U.S. imports and exports will be even in 2020. It is important to note that the April outlook is subject to heightened levels of uncertainty because the impacts of the 2019 novel coronavirus disease on energy markets are evolving.





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EDEN CONFIDENTIAL: Lady Pamela Hicks reveals guest died after lunch at her family's stately home 

RICHARD EDEN: When a Downton Abbey episode featured a Turkish diplomat dying while in bed with Lady Mary, viewers scarcely believed that his body could be simply whisked away.




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The family feud at Downton Abbey: Earl's second wife 'forces his two children to leave estate'

Lady Fiona, second wife to the Earl of Carnarvon, requested his children leave Highclere Castle, Hampshire, the famous home of the Crawley family in the ITV drama, it was claimed.




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Downton Abbey heir is reassured he won't lose his bedroom after estate is advertised on Airbnb

Lady Carnarvon says although Porchy, 26, and his sister Saoirse, 28 - heirs to the magnificent stately home Highclere Castle - flew the nest, they keep returning.




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American stepmother of Earl Bathurst cuts him out of will and leaves £33million estate to friends

EDEN CONFIDENTIAL: I can reveal that Lord Bathurst has not been left a penny by his late American stepmother, Gloria, Dowager Countess Bathurst.




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Downton Abbey venue Highclere Castle advertises for a butler who will live on the 5,000-acre estate 

Successful applicants will be paid a 'competitive' hourly rate and offered shared accommodation on the 5,000-acre Berkshire estate owned by The Earl and Countess of Carnarvon.




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Kyly Clarke's statement after Michael split from girlfriend Pip Edwards

Michael Clarke recently split from fashion designer Pip Edwards after a brief romance that began following his separation from wife Kyly last year.




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Michael Jackson's estate condemns Leaving Neverland's Emmy win as 'a complete farce'

In the controversial doc which aired on HBO earlier this year, two men made specific claims about being sexually molested as kids by the late Thriller singer; Jackson's estate has denied their accusations.




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Nick Kyrgios left devastated after his mates crash his $300,000 black Dodge Demon into a power pole

The tennis bad boy's Dodge Demon, one of only four in the country, was badly damaged after crashing into the pole in Bonner, ACT, on Saturday afternoon.




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Kim Kardashian is devastated after Chicago, 2, stains her white sofa with red lipstick

Kim Kardashian was at her wits' end on Monday, after her youngest daughter, Chicago, two, stained her expensive white sofa.




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Ryan Lochte's teammates Bentz and Conger reveal their shame in sworn statements

Bentz and Conger had drunk so much alcohol on the night of their gas station fracas they couldn't remember much about the now-infamous incident, police documents reveal.




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Brazilian police demand Ryan Lochte return to Rio to give sworn statement about 'robbery'

Police in Brazil have asked prosecutors there to give disgraced swimmer Lochte a choice of coming back to Rio to make a full truthful statement or be put on trial in absentia for making false statements.




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Have you been captured by the secret state? That's the gripping premise of BBC thriller The Capture

The show is a 'surveillance thriller' where everything - even CCTV footage - can apparently be faked, with the police and intelligence services having astonishing reach.




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Kat Graham rocks statement T-shirt and flowing black skirt for Kids' Choice Awards

The 28-year-old stunner covered up her killer curves as she rocked a crisp white graphic tee paired with a sheer black tulle skirt for the fun-filled show on Saturday afternoon in Los Angeles.




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Furyk admits opposite number Bjorn 'the better captain' as United States crash to Ryder Cup defeat

Jim Furyk has accepted that opposite number Thomas Bjorn 'got the better of him' during the United States' Ryder Cup defeat to Europe.




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Steve Stricker set to be named US captain for 2020 Ryder Cup in his home state of Wisconsin

Stricker, who lives just over two hours away from the host venue of Whistling Straits, has made three appearances in the biennial contest as a player, most recently at Medinah in 2012.




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United States captain Steve Stricker won't change number of Ryder Cup picks like Padraig Harrington

United States Ryder Cup captain Steve Stricker has no intention of following opposite number Padraig Harrington and changing his number of wild cards.




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Rita Ora makes a statement in NYC ahead of MTV Video Music Awards

Rita Ora was already turning heads when she touched down at JFK airport on Sunday night, rocking a quirky ensemble for her flight.




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Ed Sheeran upsets neighbours with plans to erect 6.5ft fence around his Suffolk estate

Grammy Award-winning singer Ed Sheeran, 28, has lodged plans to erect a 6.5ft tall fence and gates around his Suffolk estate to ensure his privacy which his neighbours have described as 'unsightly'.




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Ed Sheeran builds football pitch on his estate - promising to switch off floodlights after midnight

Dubbed 'Sheeranville' the 16-acre Framlingham, Suffolk, pad has been growing month by month with the star snapping up five properties in the area for a total of £37 million.




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Ed Sheeran 'loses several chickens after fox attack at his £3.7million Suffolk estate'

The singer-songwriter, 29, has a roost at his Suffolk mansion providing eggs from his kitchen garden.




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Rand Paul to kick off presidential bid from home state of Kentucky on April 7

Even before Cruz kicked off his 2016 bid, Paul, 52, had his eye on April 7 as a launch date for his own national campaign. But the fellow Republican's formal announcement helped solidify Paul's plans.




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Pompeo could be the first Secretary of State nominee to get an unfavorable committee vote

Republican Senator Rand Paul (left) has declared himself opposed, meaning that at least one Democrat on the Foreign Relations Committee would have to support Pompeo (right) to pass a recommendation.




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EDEN CONFIDENTIAL: Postie trapped in huge sinkhole on Royal estate

EDEN CONFIDENTIAL I can disclose that the couple's local postie was plunged into a sinkhole while doing his rounds in a van on the Bagshot Park estate where they live in Surrey.:




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California Gov. Newsom says all registered voters in state to be sent ballots for November election

With the state still under stay-at-home orders due to coronavirus, the Democratic governor said postage-paid ballots for registered voters was the best solution to addressing the anxiety felt by many.




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States are reopening but not everyone is going out, mobile data shows

The majority of Americans appear to still be adhering to COVID-19 stay-at-home orders even though lockdown measures have been lifted in most US states, new cell phone data shows.




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World Rugby releases astonishing statement criticising referees at the Rugby World Cup

The highest-profile blunder has been Ben O'Keeffe's failure to punish Australia wing Reece Hodge for a shoulder-led, no-arms tackle to the head of Fiji's Peceli Yato in Sapporo on Saturday.




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Prostate screening should be rolled out for men with a dangerous gene mutation

The Institute of Cancer Research in London study comes after Sir Rod Stewart urged men to get checked for prostate cancer after revealing he had treatment for the disease.




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Angelina Jolie 'lookalike' is paraded on Iranian state TV

The Iranian regime-run channel IRTV2 introduced Sahar Tabar (pictured) as an example of how 'the madness to become famous on social media has ruined a real life'.




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Men with a genetically high risk of developing prostate cancer should have a blood test every year

Men may carry the BRCA2 gene, a mutation that also causes breast cancer. Those men should be identified and given blood tests every year, scientists at the Institute of Cancer Research in London said.




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Aristocrat sells off 4,000 acres of estate to be developed into ski and mountain tourism resort

The 10th Duke of Baccleuch, Richard Scott, is expected to sell the chunk of his 83,000 acre Queensberry Estate in Dumfries and Galloway. The deal has not yet been finalised.




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Joe Biden gets a final poll bounce as 14 states vote for Super Tuesday

Democratic presidential candidates will face their biggest challenge yet as voters from 14 states and American Samoa cast their votes on what in politics is called 'Super Tuesday.'




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Donald Trump hails his own Super Tuesday victories in a string of states

President Trump touted his string of Republican primary victories Tuesday night, tweeting his thanks after state after state was called in his favor. 




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England rugby tour of Japan in doubt as country declares partial state of emergency amid coronavirus

Eddie Jones's men were due to play two Tests against the 2019 World Cup hosts in July, but plans now appear in jeopardy after the latest announcement from the Japanese governement.