Markets live: FTSE 100 up but US stocks down amid stimulus hopes July 28, 2020 The FTSE 100 rose but US stocks fell as coronavirus cases climbed around the world and Republicans and Democrats prepared to debate a new stimulus package amid new vaccine trials The UK’s main stock index was 0.3 per cent higher in afternoon trading at 6,120 points after briefly slipping into the red. The FTSE 250 [...]
Boohoo shares plunge as major shareholder dumps stock July 13, 2020 Boohoo shares continued last week’s downturn this morning, slumping as much as 15.4 per cent as the decision by one of the fast fashion retailer’s biggest shareholders to dump the majority of its stock continued to spook investors. Standard Life Aberdeen (SLA), the UK’s largest listed asset manager, on Friday sold off shares in the [...]
Amazon doubles down on profits, but misses estimates on revenue July 26, 2018 Amazon doubled consensus estimates on profits in its second quarter, as results released tonight revealed a staggering 1,157.5 per cent increase year-on-year in earnings per share. The company reported shareholder earnings for the quarter at $5.07 (£3.86), outperforming estimates collated by S&P Global Market Intelligence which predicted $2.54. In the same quarter in 2017, Amazon [...]
Queen’s Award for International Trade brings sweet smell of success for SA Designer Parfums April 21, 2020 SA Designer Parfums was founded in 2001 by the Mehta family and has grown from its humble origins to be an innovative force in the world of fine fragrance. It specialises in the manufacturing and distribution of fragrances either owned or operated under license. The current brands in the company portfolio comprise a variety of [...]
Philips Hue Play HDMI Sync Box review: Transforms your living room into an immersive light show March 5, 2020 The Hue Sync Box synchronises your Hue smart bulbs to your television, changing the colour and intensity of individual lights in the room based on what’s happening on the screen. On paper that might sound like a gimmick, but in practice the effect is unexpectedly mesmerising. The box sits between up to four HDMI-enabled media [...]
Matt Hancock sets target of 100,000 coronavirus tests a day by end of April April 2, 2020 The government has struck a deal to work with the private sector and universities to reach a tenfold increase in daily coronavirus tests by the end of the month. Health secretary Matt Hancock unveiled a five-point plan at today’s daily press briefing to increase testing rates to 100,000 tests per day in just a few [...]
Wall Street closes just shy of record on renewed hopes of Covid-19 vaccine November 9, 2020 Wall Street surged ahead today as news of the first successful late stage Covid-19 vaccine trials bolstered hopes of the global economy emerging from a year of pandemic-driven crisis, with the S&P 500 and Dow Jones opening on record highs. News that Pfizer’s experimental vaccine was found to be more than 90 per cent effective [...]
Tax system gives tech giants ‘unfair advantage’, says Publicis boss January 22, 2020 Tech giants have an “unfair advantage” and a clampdown on the amount of tax they pay will help to level the playing field, the boss of Publicis has said. Maurice Levy, chairman of the French media giant, today said he did not believe it was fair that digital firms could benefit from infrastructure and consumers [...]
Amazon hands pay rise to 37,000 UK staff to take them above Living Wage October 2, 2018 Amazon is set to raise pay for UK staff above the Real Living Wage from the start of next month, expected to benefit around 37,000 workers. The retail giant – which recently hit a $1 trillion valuation – will pay London staff £10.50 per hour from 1 November and UK-wide staff £9.50 per hour. Read more: [...]
UK tycoons buy Twickenham Studios as they launch £500m film venture March 2, 2020 Two British tycoons have snapped up Twickenham Studios as part of a £500m project to develop studio space to meet surging demand for new films and TV shows. Piers Read, producer of The Inbetweeners and Peep Show, and Jeremy Rainbird, who launched Bafta-winning production company Merman, have bought the west London studio hub for £50m. [...]