Lack of long-term investment in early stage companies is damaging the economy May 4, 2016 Lack of long-term investment in early stage and innovative companies is damaging the economy, leading fund managers have said. “Our society has increasingly lost its way. Fund management should be doing rightful investment for the world and I think it’s a really serious problem [that they’re not],” says James Anderson, manager of the highly regarded Scottish [...]
Skype founders take on 24-hour delivery market with launch of self-driving robot November 2, 2015 Forget delivery vans or even using your legs to walk to the shops for that matter. The founders of Skype plan to shake-up the grocery delivery market with a fleet of self-driving robots that will be able to drop groceries on your doorstep within 30 minutes. Starship Technologies, founded by Skype’s Ahti Heinla and Janus Friis, has [...]
Black Friday UK 2015: EBay has just unveiled its first deals for bargain-hunters including offers on Macbook Pro, Xbox One Console, LG 50 inch Smart LED TV, Lenovo Notebook November 23, 2015 As all good retailers know, Black Friday is not about incremental sales, it's about being the first to snare the finite amount of cash consumers are willing to spend in the run-up to Christmas. Amazon has kickstarted the process with the first of its 7,000 deals going live this morning. Carphone Warehouse, Very and a host of [...]
Britain wants to woo US tech entrepreneurs to expand their businesses in London and the UK with SXSW campaign launch by mayor’s office and UKTI March 10, 2016 Britain wants to woo more US tech entrepreneurs and encourage them to set up shop in London and elsewhere in the UK, in a bid to steal the crowns from San Francisco and New York as the hottest tech hotspots in the world. London is the most desirable destination for foreign tech workers in Europe looking to relocate [...]
So meta: Amazon just opened an online store on Alibaba March 6, 2015 Amazon and Alibaba may be a hair away to declaring themselves official arch-nemeses, but that hasn't prevented the US online retail giant from making the most of the opportunities presented by its rival. Amazon has opened a shop on Alibaba's Tmall, the Chinese tech giant's equivalent of, er, Amazon. What does it all mean? Amazon's [...]
At the close: S&P 500 recovers from early year losses on tech giants’ results while FTSE 100 touches two month high October 23, 2015 The People's Bank of China may have cut interest rates for the sixth time since November on Friday, but even without its actions the S&P 500 would have made gains after Google, Amazon and Microsoft's share prices soared. As the markets opened in the US, shares in the three companies went crazy, with Amazon's stock opening nine per cent [...]
City Moves for 9 February 2016 | Who’s switching jobs February 9, 2016 Lloyds Bank Lloyds Bank Commercial Banking has strengthened its technology, media and telecommunications (TMT) team in London with the appointment of Natalie O’Byrne as mid-markets relationship director. With six years’ experience in corporate banking, she joins the nine-strong TMT team having previously worked in a similar role for Lloyds Bank Commercial Banking looking after clients [...]
Black Friday 2015 UK: After Asda pulled out of the big deals day, will it fade to grey? November 11, 2015 Asda’s decision to opt-out of the US-imported shopping holiday begs one question: Could this be Britain’s last Black Friday? With high-street retailers like Primark and Oasis also deciding to pull out of the Black Friday race, this is a huge sign that perhaps this one-day shopping bonanza could be abandoned by the majority of the [...]
People really do listen to Chris Rea when they’re driving home for Christmas – but Maria Carey is still festive top of the pops December 24, 2015 It turns out the nation's drivers are a pretty literal bunch when it comes to choosing their playlist for the car journey home. A survey by government body Highways England has found 20 per cent of people listen to Chris Rea's Driving Home for Christmas on the way home – more than The Pogues' Fairytale of New York, [...]
Brookfield Property Partners buys Potsdamer Platz in central Berlin January 4, 2016 Canary Wharf and Center Parcs owner Brookfield Property Partners has bought a chunk of central Berlin in partnership with an Asian sovereign wealth fund for an undisclosed sum. The Canadian and US listed property giant announced the pair have completed a deal to buy Postdamer Platz, a busy junction at the heart of the city [...]