Vroom Vroom: Tesla shares jump after Goldman Sachs upgrade May 18, 2016 Tesla shares jumped close to 4 per cent on Wednesday after Goldman Sachs upgraded the carmaker’s stock from "neutral" to “buy”. Patrick Archambault, Goldman Sachs’ auto analyst, said he sees a 22 per cent upside to Tesla's $250 share price target. Tesla shares traded at $212.73 at the time of reporting, up almost 3.94 per cent. Read [...]
Get your popcorn: Cinema chain Vue International hails blockbuster first-half results July 19, 2016 Cinema chain Vue International has hailed record first-half results and seen its acquisition strategy pay off with the launch of a new Netherlands-based arm. The figures Turnover at the cinema chain grew 4.4 per cent to £381.8m in the 26 weeks to 26 May, up from £365.7m in the first half of 2015. Earnings before [...]
Gymnast Max Whitlock leads Great Britain’s charge on a golden day at Olympic Games in Rio August 15, 2016 Gymnast Max Whitlock headlined Great Britain’s relentless Super Sunday charge by hitting the top of the podium twice as the nation chalked up a stunning five gold medals on a glory-filled day yesterday. Whitlock, who won all-around bronze on Wednesday, claimed Team GB’s first ever gymnastics gold in the men’s floor exercise and repeated the [...]
One-quarter of office space in the City and Canary Wharf could become vacant if UK leaves Single Market July 17, 2016 Swathes of offices across London could be deserted over the next few years if the UK does not secure access to the Single Market after it leaves the European Union, according to new research. DealX, an analytics company, estimated 26m square feet of commercial real estate, equivalent to nine per cent of all office space [...]
A foldable smartphone that fits in your pocket? Samsung’s working on it June 1, 2016 As smartphone screens get bigger, the size of our pockets do not, resulting in a bit of a conundrum when it comes to carrying the thing around (when it' not glued to our palm, at least). Samsung is working on it, however, with plans for a device that simply folds in half and a new patent [...]
Apple bought 9 startups in 2016. Here’s what they do December 8, 2016 Apple buys a lot of companies, but it doesn't talk much about them, making it hard to keep track. So we put together nine of its acquisitions reported this year. This list is not exhaustive, we know for sure some purchases have never been revealed. As expected, artificial intelligence companies remain the dominant category, but [...]
BMW share price falls amid reports that its X3 xDrive model’s emissions exceeded EU limit September 24, 2015 BMW's share price plummeted this morning amid claims that one of its diesel vehicles exceeded the EU's emissions limit. The German car giant's stock fell as much as 7.3 per cent this morning, although staged a slight recovery to a drop of around six per cent at pixel time. The company was hit after reports [...]
E3 Round-up: All the top announcements from PlayStation VR and Xbox One S price and release date to Arkham VR, Death Standing and The Last Guardian news June 15, 2016 Every year, the world’s gaming press jets off to Los Angeles to be wowed by Sony, Microsoft, Nintendo and all the top games developers, who lay out their plans for the future of the industry. This year there was a big push for virtual reality, with the big players throwing their weight behind the nascent [...]
Great expectations: Are ambitious goals a recipe for success or demotivation? August 17, 2016 Tesla chief executive Elon Musk outlined last month an update to the “master plan” he published a decade ago. He was vague on detail, but the car manufacturer is to develop electric cars, trucks, buses, and an app through which customers will be able to lease their vehicle. Next to his other venture, Space X, [...]
Royal Bank of Canada kicks off the financial sports day season at Queen Elizabeth Olympic Park May 15, 2016 Summer is just around the corner, and London's well-heeled parents are doubtless parking their 4x4s on school athletics pitches ahead of the sports day season. Kicking things off with a bang, the Royal Bank of Canada hosted its very own sports day for the capital's students at Queen Elizabeth Olympic Park on Sunday. The bank's seventh annual [...]