Apple to buy parts of European chipmaker Dialog Semiconductor in $600m deal October 11, 2018 Apple said today it has entered into a deal to acquire parts of European iPhone chipmaker Dialog Semiconductor, in a deal valued at $600m (£454m). Apple will gain some patents and a team of engineers from the chip designer, and cement a three-year contract for Dialog to continue building chips for its iPhone and iPad products. The transaction [...]
Dunelm high street stores grow, but are outstripped by online boom October 11, 2018 Shares in Dunelm rose almost six per cent in early trading as the company showed strong growth online despite closing three websites. Like-for-like revenue grew 4.2 per cent year-on-year in store and online in its first quarter, but group takings remained flat after it shut down three websites earlier this year. Although in-store and online growth [...]
Surveyors forecast fall in house prices as house buyers decline October 11, 2018 A renewed decline in the number of house buyers is piling further pressure on London’s strained property market, according to a closely followed survey out today. The Royal Institution of Chartered Surveyors (Rics) has said there was “caution” from buyers last month, as Bank of England governor Mark Carney reportedly warned prices could drop 35 [...]
First impressions from this week’s Google hardware event, which revealed the Pixel 3, Pixel Slate and Google Home Hub October 10, 2018 At this week’s Google event, the search giant opened with a rather sheepish admission, following comprehensive leaks of its latest flagship Pixel phones. “We hope you agree that we’re better at making hardware than keeping secrets.” But while the physical aspects of the new Pixel 3 and Pixel 3 XL phones were already known about [...]
Telford Homes boss: Negative Brexit commentary will push down house prices October 10, 2018 Shares in Telford Homes plunged more than 13 per cent in early morning trading today as it warned of falling house prices and flat activity in London’s property market over the next 12 months, with Brexit uncertainty weighing on buyer confidence in the capital. The London-based housebuilder said that recent “negative” Brexit commentary and talk of [...]
One Hyde Park flat becomes Britain’s most expensive home after £160m sale October 9, 2018 A penthouse apartment in the luxury One Hyde Park development has become Britain's most expensive home after being sold for £160m. The penthouse apartment in the Candy brothers' high-end London block was bought for the record amount in May, Land Registry documents revealed. It was sold to two offshore companies PHB London Holdings Ltd and PHB [...]
Live and Let Buy: Former spy HQ put on the market October 9, 2018 It was once home to British spies hoping to crack enemy codes. Now, the former MI6 London headquarters is being put up for sale as a commercial office space. Located in the heart of Westminster, the townhouse at 21 Queen Anne’s Gate is touting businesses after three centuries of residency that saw it house aristocrats, artists [...]
Foxtons closes flagship Park Lane office amid property market slump October 9, 2018 Estate agent Foxtons is closing its Park Lane flagship office amid a London property market slump. Staff will be moved to the Marylebone office where they will continue to cover Mayfair and Central London. Read more: Property bosses cull delivery vans in bid to protect London business The estate agent, which has 65 branches in [...]
Leaks galore: What to expect from today’s Google Pixel 3 event October 9, 2018 In an annual event that is now almost always saturated with leaks, today Google is set to unveil a slew of new hardware gadgets including updates to its Pixel smartphone, tablet and smart speaker ranges. Here are the things you're likely to see walk across the main stage this year: Pixel 3 The Pixel 3 [...]
Oil bankers form advisory firm as price surge fuels deals October 8, 2018 A former adviser to BP has launched a new advisory firm as the oil industry becomes “comfortable with itself” again and companies prepare to make “brave decisions”. Martin Lovegrove, a former adviser to BP and Chevron Corporation, has teamed up with Niels Kirk, a former oil and gas banker at Citi to form an advisory [...]