This is what happens to Apple’s share price after it launches an iPhone September 9, 2014 With high expectations of Tim Cook and Apple, what can we expect from its share price post-launch? Really, it could go either way, but if previous iPhone launches are anything to go by, it’s more likely to fall immediately after. In Four out of seven iPhone launches, shares fall below the first day post-launch open [...]
London property: 12ft wide house that hasn’t even been built yet goes on sale for £500,000 September 9, 2014 After last week's 7ft house (a snip at £235,000) comes a new competitor for the title of "most number of rooms squeezed into smallest amount of space" – this 12ft wide house in South London. It isn't due for completion until the beginning of next year, but that hasn't stopped its developers from putting it up [...]
Defence secretary Michael Fallon announces plan to arm Iraqi government against Islamic State September 9, 2014 The UK will send weapons to the Iraqi government to help it fight the Islamic State (IS), Michael Fallon said today. The defence secretary said he is "committed" to assisting the Iraqi government and to helping Kurdish forces defend themselves against the militants. According to the BBC, he added he wanted to help [...]
Westminster promises “major powers” to stave off Scottish independence: but what is devo max? September 9, 2014 The three main parties have promised to transfer “major powers” to Scotland the day after the referendum takes place if voters decide to stick with the union. By the end of January, a draft law will be ready to vote on by parliament, the Better Together campaign announced today. The campaign claimed: [...]
NBA TV deal could be worth more than the Premier League’s September 9, 2014 The National Basketball Association (NBA) is on the verge of reaching a new TV deal with ESPN and Turner Broadcasting (TNT), according to reports. The deal would be worth more than $2bn a year, making it more valuable than the bumper domestic broadcasting deal signed by the Premier League two years ago. [...]
Paul Krugman on Scottish independence: Going it alone will make Scotland “Spain without the sun” September 9, 2014 With all bets off in the run-up to the referendum, New-Keynesian Paul Krugman has added his opinion to the mix. Krugman wrote in his column for the New York Times: I have a message for the Scots: Be afraid, be very afraid. The risks of going it alone are huge. You may think that [...]
QPR “could be relegated to the Conference” if they avoid Financial Fair Play fine September 9, 2014 Queens Park Rangers (QPR) could be thrown straight into the Football Conference should they refuse to pay a financial fair play (FFP) fine and face relegation from the Premier League this season. QPR are expected to face a hefty fine for breaching the Football League’s FFP restrictions during last season’s Championship campaign. Championship [...]
Pound continues to fall despite Mark Carney’s speech September 9, 2014 After falling almost 1.4 per cent yesterday, the pound continued to slide today despite Mark Carney indicating there would be no interest rate hike this year. Speaking to the Trade Union's congress, Carney said there was still slack in the labour market and that he saw an interest rate rise as coming next spring, rather [...]
Apple share price rallies higher hours before iPhone 6 launch September 9, 2014 Apple’s share price rallied in early trading today, up by more than one per cent at pixel time, ahead of the expected iPhone and iWatch launch event, which starts at 6pm UK time. It’s a more positive day than yesterday when it opened at $99.30 per share, falling throughout the day and closing at $98.36 [...]
Satoshi Nakamoto could be unmasked if this hacker gets 25 Bitcoins September 9, 2014 A hacker is offering to reveal information that could unmask the anonymous founder of Bitcoin, Satoshi Nakamoto. The hacker, whose name is Jeffrey, claims he managed to get hold of the information by taking control of Nakamoto's email address; satoshin@gmx.com. “The fool used a primary gmx under his full name and had aliases set up [...]