Rolls Royce lands $100m defence contract April 9, 2014 Aerospace and defence giant Rolls Royce has been awarded a $100m contract by the US Department of Defence. The company will provide support for the F405 (Adour) engines that power the US Navy's T-45 training aircraft. Rolls Royce will be responsible for providing depot level maintenance and logistics support for over 200 Adour engines. The [...]
Nokia abandons Windows for Android weeks before takeover February 24, 2014 NOKIA has launched a range of low-cost smartphones powered by Google’s Android platform just weeks before its handset division is acquired by Microsoft. The Nokia X smartphone line up, revealed yesterday at the Mobile World Congress in Barcelona, has ditched Microsoft’s Windows Phone platform and instead uses Google’s free Android software. The moves means it [...]
Apple beats earnings expectations as investors look ahead to iPhone 6 and iWatch releases July 22, 2014 It's what Apple does next that really matters. The company's quarterly earnings figures saw it post a smaller than expected rise in revenue of six per cent as the tech giant continues to grow, albeit slower than anticipated, with subdued sales of iPhones and iPads in the three months to the end of June. In its [...]
Bottom Line: Data make the Nokia deal look less smart April 28, 2014 MICROSOFT must be nursing its head this morning and wondering what on earth it was thinking of last week. It wakes up today as the world’s second-largest manufacturer of mobile phones by sales, having shelled out €5.44bn (£4.48bn) to buy Nokia’s ailing handset business. Nokia sold 251m phones last year but saw sales in the [...]
Team GB finish with a flourish March 9, 2014 GREAT Britain completed the World Indoor Championships with six medals, following yesterday’s final-day haul of four. Following gold and bronze for sprinters Richard Kilty and Tiffany Porter on Saturday, Katarina Johnson-Thompson added long jump silver. There were silver and bronze medals for the men’s and women’s 4x400m relay teams and Andrew Osagie won 800m bronze.
Mick the miner raises $3.75bn for new deals March 31, 2014 THE FORMER boss of mining giant Xstrata is back on the acquisition trial after raising up to $3.75bn (£2.25bn) from five institutional investors. Mick Davis, dubbed Mick the Miner for his successful mining exploits, has raised the money through his X2 Resources company vehicle, which will use the money to invest in various metal and [...]
In Pictures: Cabbies cause carnage at Shard demo May 6, 2014 London's cabbies are blocking off access to the Shard, in protest at the lack of a suitable taxi rank. Drivers are there to mark the opening of a new hotel – the Shangri-La – at the building. Unite's cab section has said that the demonstration is in response to Transport for London's refusal to erect [...]
Spider-Man entertains but fails to amaze April 21, 2014 FILM AMAZING SPIDER-MAN 2 Cert 12A Three Stars MARC Webb’s second installment of the re-booted Spider-Man franchise feels like a throwback to the super-hero movies of a decade ago – the first Hulk, Bryan Singer’s X-Men movies, Mark Steven Johnson’s Daredevil. It’s all spectacle, explosions and a dash of romance. It’s melodramatic rather than dark, [...]
New York Report: Shares bounce back in the US April 8, 2014 US STOCKS rose yesterday, snapping a three-day losing streak as investors bought beaten-down social media and internet shares. The day’s biggest gainers included Amazon, up 2.9 per cent, Yahoo, up 2.3 per cent, and LinkedIn, up 5.9 per cent. The Global X social media index rose 2.4 per cent to close at 18.50. But gains [...]
Twitter puts Old St in the mood March 31, 2014 COMMUTERS leaving Old Street station could soon have an early indicator of the mood in their office, thanks to a new installation revealed today. Property developer Helical and Crosstree have created The Mood Stream, a sizable 4 x 2.5 metre screen that will aggregate sentiment from tweets made in the area and change colour to [...]