Facebook shares have tipped over $100 a share for the first time ever October 23, 2015 Facebook shares have edged over the $100 per share mark for the first time ever today. Shares were trading 1.03 per cent up at $100.70 per share in mid-morning trading in New York. Earlier in the day Facebook's stock rose 2.5 per cent to $102.15 per share. Facebook's IPO price was $38 a share. Read more: Facebook's iOS app is [...]
Black Friday 2015 UK: John Lewis will have to beat sales on iPads, Nutribullets, Samsung TVs and De’Longhi coffee machines to improve on last year’s bargain bonanza November 25, 2015 Black Friday 2015 is around the corner and many retailers – including Amazon, EBay and Currys PC World are already offering huge discounts on a wide array of TVs, computers and other must-have electrical devices. John Lewis has so far kept its powder dry and will only be unveiling its offers on the day itself [...]
European Commission: Yup, Amazon’s Luxembourg tax deal probably gave it an unfair advantage January 16, 2015 European regulators admitted that a deal struck between Amazon and Luxembourgish authorities to minimise its tax bill probably did constitute state aid. In a 23-page letter dated 7 October but only published today, the European Commission pointed out that it "has doubts…. as to [the deal's] compatibility with the internal market" It added that it [...]
Amazon is launches Home Services in the US – here are some of the most random things you can order March 30, 2015 Amazon has come a long way from starting as an online book store 20 years ago – from today, people in the US can buy professional help via its website. The e-commerce giant has launched its Home Services site, which spans 700 different services ranging from installation to rubbish disposal. Help will be on [...]
Woody Allen is headhunted by Amazon January 13, 2015 Amazon Studios yesterday announced it has signed deal with Woody Allen for the critically-acclaimed director to write and direct his first ever television series. Amazon has signed a half-hour series (named Untitled Woody Allen Project) for a whole season, with customers able to watch the episodes on Amazon’s prime instant video in the UK, US [...]
PRO Rugby: As America’s first professional rugby league kicks-off, chief executive Doug Schoninger discusses the game’s prospects in the USA April 15, 2016 After over 150 years since rucks and mauls first formed on its shores, a professional rugby league is finally coming to America this weekend. Before even the American Civil War was waged primitive forms of the game were being contested in Ivy League universities. Amateur rugby clubs existed before the First World War and the USA still [...]
Sunday trading hours: Government defeated over plans to relax rules surrounding Sunday trading hours March 9, 2016 MPs dealt a major blow to Prime Minister David Cameron and chancellor George Osborne tonight by defeating government proposals to relax rules surrounding Sunday trading hours in England and Wales. In a rare House of Commons defeat for Cameron, MPs voted 317-286 to reject the government's plans. At least 20 Conservative MPs are understood to have rebelled. [...]
Forget Janet and Mario: 2016 is the year of GARY – CNBC Comment December 15, 2015 Investors have spent the last few years betting with the Fed and the ECB, as monetary policy dominated fundamentals. But many are now stumped over what to do next, as central bankers today seem to carry more risk and less reward. The ECB’s Mario Draghi let investors down this month with a flawed communications strategy. [...]
Sky Q: Is the latest viewing innovation a TV game-changer? November 19, 2015 Sky has unveiled a new premium TV service, Sky Q, to add to its current Sky+ and NowTV line-up of TV products. Due to launch across the UK and Ireland in early 2016, Sky is adapting to how people want to consume content, allowing “customers to experience TV on their terms”. Sky Q will put live, on-demand, and recorded TV together. [...]
Retailers sound alarm bells after one of toughest Christmas periods on record January 13, 2016 UK retailers have suffered one of their worst Christmas trading periods on record, according to new research showing a surge in the number of companies struggling to make ends meet. Turnaround specialist Begbies Traynor said 26,013 UK retailers entered the year in significant financial distress – nearly double the amount recorded in the fourth quarter [...]