Dow up after Apple unveils its new watch – New York Report March 9, 2015 US STOCKS bounced back yesterday, helped by a couple of billion-dollar deals, while Apple shares ended slightly higher after the long-anticipated unveiling of its smart watch. The Dow Jones industrial average rose 136.53 points, or 0.76 per cent, to 17,993.31, the S&P 500 gained 8.14 points, or 0.39 per cent, to 2,079.4 and the Nasdaq [...]
Dow inches up but S&P and Nasdaq slide – New York Report February 25, 2015 DOW JONES yesterday eked out another record close, but the S&P 500 closed down and the Nasdaq snapped a 10-session winning streak as investors took profits in Apple shares. Boosting the Dow were consumer discretionary shares including McDonald’s, up 3.9 per cent at 98.66, which also helped to limit losses on the S&P 500. The Dow [...]
City Moves for 05 January 2015 | Who’s switching jobs January 4, 2015 Weightmans The law firm has announced three appointments. Douglas Keir joins as a partner, and Sarah Phillips and Julia McDonald (pictured) join as associates, in its insurance team. They collectively have 40 years’ experience in law, and arrive from Anderson Strathern Solicitors. London Capital Group The Aim-listed online trading firm has announced two appointments. Nicholas [...]
McDonald’s profits fall as US diners stay away April 22, 2014 MCDONALD’S has suffered another sluggish quarter of sales in its key US market, dragging group profits down, as the fast-food giant struggled with fierce competition, weak consumer spending and a cold winter. Group like-for-like sales rose 0.5 per cent but US sales fell 1.7 per cent, which the hamburger chain blamed partly yesterday on the [...]
Film review: Kingsman recalls the days when spy movies were fun January 30, 2015 Cert 15 | ★★★★★ Kingsman is the best Bond film Roger Moore never made. Gentlemen spies in immaculately tailored suits battling flamboyant villains bent on global destruction; the plot is pure Moonraker, albeit with an origin story, class warfare, better jokes and flashier production values. The team behind Kick Ass have created a pop-culturally literate, [...]
Why you’ll need to abandon your privacy to embrace the driverless car revolution March 19, 2015 Driverless cars have hit Britain’s roads. The BAE Wildcat, a modified military jeep developed by the aerospace company, has been seen out and about in Bristol, while autonomous Lutz pods have been driving around public areas in Milton Keynes and Coventry. By 2030, autonomous vehicles are expected to reach a level of safety and sophistication [...]
Shake Shack IPO price values burger chain at $700m January 30, 2015 Shake Shack shares will be priced $21 per share when it floats in New York today, valuing it at a juicy $700m. The American fast food chain sold 5m shares from its IPO, with a further 750,000 Class A shares potentially made available at the underwriter's discretion. The stock will be listed as “SHAK”. [...]
Fire and ice mix at the launch of Canary Wharf’s skating rink November 6, 2014 It's not winter until there’s an ice skating rink popping up next to your office, and last night was the turn for Canary Wharfers, as its rink launched – and in a blaze of glory at that. The party, attended by Barclays and Citibank among others, saw the Guinness World Record for most [...]
Mix it up: Raise your glass to London’s best rooftop cocktail bars with a view February 3, 2015 Architects and engineers are at war with the sky. While they battle it out, the rest of us can sit back and raise a glass to the men and women who are realising humanity’s inexorable urge to break the heavens. Each skyscraper will have its day – but there can be no winners. Just consider [...]
Tim Cook: Apple Pay registered a million users in its first three days October 28, 2014 More than a million excited Apple fanboys had registered their credit cards with Apple Pay within 72 hours of its launch last week, Apple chief executive Tim Cook has said. The system launched with much hype on 20 October, allowing users to pay for goods in more than 220,000 retailers, including Bloomingdales, McDonalds, Foot Locker, [...]