Britons cash in as ATM pays out double

June 23, 2012

Briton

London, June 23: Any time double money! An ATM here started paying twice the amount asked for, due to a human error, and hordes of people benefited from the unexpected windfall till it lasted. There was a run on a cash machine in central London when it started paying out double money after an employee accidentally loaded the £10 tray with £20 notes.

Long queues formed outside the Sainsbury's ATM in Tottenham Court Road as word of the unexpected windfall spread like wildfire. Some customers walked away hundreds of pounds better off after withdrawing maximum of £300 on multiple cards and getting the same amount again each time for free. It's not the first time a "doubleyour-money" error has occurred at cash machines and on previous occasions some banks have chosen to write off the losses rather than pursue a large number of claims.

One office worker, who did not wish to be named, said he became aware of the blunder when he went to get cash out at lunchtime on Thursday.

"I realized the machine was paying double, so I queued up again and withdrew even more," he was quoted by the Daily Mail as saying, after benefiting £200 of free cash from the mistake.

"I checked my statement online and it was only showing the amount we had asked for, not what was paid out. It was the best thing in the world," he said.

The cash machine was finally closed down when a customer reported the problem to the supermarket. "We're only human, so on very rare occasions ATMs can be loaded with the incorrect cash which means a few get lucky customers get more than they bargained for," a spokeswoman for Sainsbury's said.

"We'd like to thank our customers for letting the store know and we have turned the machine off while we investigate the matter," she added.



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News Network
March 4,2020

Tokyo, Mar 4: Takeda Pharmaceutical Co said on Wednesday it was developing a drug to treat COVID-19, the flu-like illness that has struck more than 90,000 people worldwide and killed over 3,000.

The Japanese drugmaker is working on a plasma-derived therapy to treat high-risk individuals infected with the new coronavirus and will share its plans with members of the U.S. Congress on Wednesday, it said in a statement.

Takeda is also studying whether its currently marketed and pipeline products may be effective treatments for infected patients.

"We will do all that we can to address the novel coronavirus threat...(and) are hopeful that we can expand the treatment options," Rajeev Venkayya, president of Takeda's vaccine business, said in the statement.

Takeda said it was in talks with various health and regulatory agencies and healthcare partners in the United States, Asia and Europe to move forward its research into the drug.

Its research requires access to the blood of people who have recovered from the respiratory disease or who have been vaccinated, once a vaccine is developed, Takeda said.

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News Network
January 8,2020

Sydney, Jan 8:  Authorities in Australia will begin five-day campaign to kill thousands of camels in the country as they drink too much water amid the wildfires.  The government will send helicopters to kill up to 10,000 camels in a five-day campaign starting Wednesday, The Hill reported citing The Australian.

Marita Baker, an Anangu Pitjantjatjara Yankunytjatjara (APY) (large, sparsely-populated local government area for Aboriginal Australians) executive board member, said that the camels were causing problems in her community of Kanypi.

"We have been stuck in stinking hot and uncomfortable conditions, feeling unwell, because the camels are coming in and knocking down fences, getting in around the houses and trying to get to water through air conditioners,'' she said.

The planned killing of the camels comes at a time the country is ravaged by wildfires since November. The disaster has killed more than a dozen people and caused the displacement or deaths of 480 million animals, according to University of Sydney researchers.

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News Network
March 6,2020

Mar 6: UK stocks fell again on Friday as growing economic risks from the coronavirus outbreak shattered investor confidence, with Britain recording its first death from the pathogen.

A 1.5% fall for the FTSE 100 erased the blue-chip index's gains from earlier this week. Export-heavy companies have now lost over $230 billion in value since the epidemic sparked a worldwide rout last week.

The domestically focussed mid-cap index was down 1.9%.

Cruise operator Carnival dropped 4.2% to its lowest level since 2012, a day after its Grand Princess ocean liner was barred from returning to its home port of San Francisco on virus fears.

Britain said an older person with underlying health problems had succumbed to the flu-like virus on Thursday, while the number of infections jumped to 115.

In company news, drug maker AstraZeneca fell 1% after it said its treatment for a form of bladder cancer failed to meet the main goal of improving overall survival in patients in a late-stage study.

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