Will cooling US jobs growth encourage Fed to cut rates? January 10, 2020 The US economy added 145,000 jobs at the end of 2019, a figure that has raised the question of another Federal Reserve interest rate cut. While the unemployment rate remained flat at 3.5 per cent in December, the total is lower than November’s 256,000 jobs, a number boosted by striking GM staff returning to factories. [...]
Video-by-default and a silver surfer generation: Predicting a post-pandemic tech world May 15, 2020 Everybody is in the business of prediction these days. The path of the pandemic, and its impact on health services. The shape of the impending recession, the stock market or the oil price. Unemployment figures or the size of the national debt. As a venture investor, I can’t predict the future better than anyone else. [...]
Coronavirus has exposed the flaws of our globalised system February 12, 2020 We cannot yet be sure how many lives have already been tragically lost to the coronavirus outbreak, nor how many are still to be lost until the epidemic is brought under control — if that proves even possible. At the time of writing, the estimated death toll is over 1,000. What we do know is [...]
Retailers under pressure as the online revolution causes profit warnings to double to seven-year high | City A.M. July 22, 2018 The number of FTSE-listed companies issuing profit warnings rose by 13 to 58 in the second quarter, an increase of 29 per cent compared to the same period last year, according to an EY report published today. The rise was led by the retail sector of the FTSE index, where profit warnings for the first [...]
Retail job losses could number 15,000 as industry strains under cost pressures March 1, 2018 At least 15,000 retail sector jobs have either been slashed this year or are now at risk as household names sink into administration, according to calculations by City A.M. Toys R Us and Maplin went into administration yesterday, putting more than 5,500 jobs in doubt. The double-whammy for the industry comes after fashion chain East [...]
Volkswagen embarks on $50bn plan to mass produce electric cars November 17, 2018 German car manufacturer Volkswagen has said it will become the most profitable manufacturer of electric cars in the world, under the terms of a new plan to mass produce battery-powered vehicles. Chief executive Herbert Diess said the company will spend almost €44bn (£39.1bn) on developing the technology for a fleet of electric and self-driving vehicles, [...]
The City of London is bracing itself for a raft of UK retail collapses in 2018 January 12, 2018 Retailers painted a gloomy picture of the high street this week as several big names failed to cash in on the Christmas shopping season. Gloomy financial updates from household favourites such as Marks and Spencer (M&S), Debenhams, and House of Fraser prompted analysts to signal several retail collapses may be on the cards in 2018. [...]
MateBook 13 review: An great value ultrabook that rivals Apple’s MacBook Air April 3, 2019 Last year’s Huawei Matebook X Pro marked the Chinese firm’s hard-won graduation from “oh, they do laptops too?” to producing a best-in-class device that comfortably squares up to Apple’s MacBook Pro in performance, build quality and minimalist design aesthetic, while roundly beating it on price. If you wanted your Windows 10 cornflakes served in a [...]
Horse Racing Betting Tips: First time looks the right time to catch O O Seven December 13, 2018 THERE is a danger of sounding like a scratched record every week, but second guessing trainers’ running plans for tomorrow ahead of this morning’s declaration stage isn’t easy. The feature race on the Cheltenham card is the Grade Two Unibet International Hurdle (3.05pm) which had been earmarked as the target reappearance race for Willie Mullins’ [...]
Labour’s Magnificent Seven just made a no-deal Brexit more likely February 19, 2019 I am old enough to recall the “Gang of Four” in the eighties, when Roy Jenkins, David Owen, Shirley Williams and Bill Rogers left Labour to set up the Social Democratic Party. We know that all ended acrimoniously, with a reverse takeover by David Steel’s Liberal Party that created the Liberal Democrats. This week, we [...]