Tesla puts the brakes on sales outlook as its losses accelerate August 6, 2015 ELECTRIC car maker Tesla yesterday put the brakes on its outlook for the year, saying it was unlikely to meet its sales target of 55,000 vehicles and possibly undershooting by up to 5,000. The US company, headed by chief executive Elon Musk, posted a second-quarter net loss of $184m (£118m), up from $61.9m in the [...]
5 of the best July 8, 2015 MyFitnessPal This is one of the top food-tracking apps out there, with a vast database (more than 5m) of meals with pre-loaded calorie counts. Eating less is far easier if you’re faced with a list of all your indiscretions every day. It’s also free, albeit with optional upgrades. Free, iOS and Android The Training Notebook [...]
As a Federal Reserve interest rate hike creeps closer, should we remain relaxed about the consequences? September 6, 2015 Andrea Cicione, head of strategy at Lombard Street Research, says Yes. We can’t imagine investors feeling relaxed, with a series of Fed hikes looming, but past tightening cycles have generally been benign for US stocks. During the last nine episodes, price to earnings multiples have fallen by an average 4.2x, but in seven, earnings per [...]
Peerless Peaty leads Britain’s pool gold rush August 6, 2015 BRITAIN’S Adam Peaty claimed a succession of notable milestones as he took his tally of gold medals to three at an extraordinary Aquatics World Championships yesterday in Russia. The 20-year-old from Staffordshire added 50m breaststroke gold to his success over 100m on Monday, becoming the first man to hold both world titles simultaneously. Peaty then [...]
New Apple iPad Pro release date, price, spec: 12.9 inch tablet with keyboard and stylus unveiled along with iPad Mini 4 September 9, 2015 Apple has unveiled a new larger iPad, called the iPad Pro, which chief executive Tim Cook has said is "the biggest news in iPad, since the iPad". Phil Schiller, Apple’s senior vice president, said the new iPad, which measures 12.9 inches (three inches larger than the current largest iPad) would bring “desktop-class performance” to the [...]
Copper price rebound could spell success for Chile and Peru stock markets August 10, 2015 Chile and Peru’s stock markets could be set for a rebound if copper prices pick up, analysts are predicting. Economists expect copper prices to rise by the end of the year from their current multi-year lows. UBS is forecasting copper will reach $6,700, while Capital Economics expects $6,250. This could represent a buying opportunity for [...]
SpaceX lands $1bn investment from Google and Fidelity January 20, 2015 SpaceX, the California-based rocket company, said it received a $1bn investment from Google and Fidelity. Google and Fidelity will together own just under 10 per cent of the company, which gives SpaceX a total valuation of $10bn. SpaceX, which is based by Tesla founder Elon Musk, said it will use the funding for innovation in [...]
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Apple TV could be a broadcast industry killer and rival Google, Microsoft, Sony, Amazon, Samsung and others September 10, 2015 After months of rumour and speculation, Apple finally unveiled a revamped Apple TV yesterday. But rather than a subscription TV service, complete with original programming, as many had expected, we got a long overdue, though necessary, refresh of Apple TV, Apple’s streaming media device. Apple has not refreshed the hardware on its streaming media box [...]
Strictly proves it has the X Factor December 15, 2014 IT WAS a night of heavyweight TV shows, but is some of the sparkle coming off ITV’s long-time banker The X Factor? The singing competition saw Croydon crooner Ben Haenow crowned winner, but the show recorded its second-lowest finale audience in its 10-year history. According to industry bible Broadcast, some 9.4m viewers tuned in for [...]