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      Shoppers hold back spending ahead of Black Friday

      Shoppers walk past a store window advertising Up to 30% off Black Friday sales on a busy street

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Business

  • Carillion calls off Balfour Beatty merger bid

    August 20, 2014

    Building giant Carillion has backed away from its bid for rival Balfour Beatty after three unsuccessful attempts. Ahead of tomorrow's "put up or shut up" 5pm, Carillion this afternoon issued a statement saying it was "no longer proposing a merger".  Balfour Beatty shares opened 5.7 per cent lower per cent this morning after its board [...]

  • Islamic State in Europe: Nine suspects detained in Austria

    August 20, 2014

    Nine people have been arrested in Vienna, Austria, for intending to join the Islamic State (IS) militant group in Syria.    According to the Austria Press Agency, the individuals were being questioned and a decision on whether to place them in investigative custody was pending.   The news was reported by prosecutors in Austria on [...]

  • More billionaires born in London than any other European city

    August 20, 2014

    If ever there was a suitable carrot to dangle in a bid to make us work harder, this might just be it. Wealth consultancy WealthInsight and Spear’s magazine have revealed more billionaires are born in London than any other city in Europe (unless you consider Moscow part of Europe, in which case we’re second). Globally, [...]

  • Twitter updates: Favourites to appear in timelines and gory photos of death to be removed

    August 20, 2014

    If you're on Twitter, you may have noticed a change.   A new update means that from now on, tweets favourited by people you follow will occasionally appear in your timeline – whether you agree with the sentiment or not.   Twitter began testing the update two days ago, and it received a pretty hostile [...]

  • Lidl clothing range: Discount retailer challenges British supermarkets on fashion front

    August 20, 2014

    Not content with challenging big British supermarkets on food prices, discount favourite Lidl is taking the stores on in the fashion stakes. The German retailer is about to launch a fashion range for women that includes jeans, shoes and even leather jackets, with a men's range to follow later this year. From August 25th shoppers [...]

  • This message will self-destruct in five seconds: Snapchat is set to offer disappearing ads

    August 20, 2014

    Photo messaging app Snapchat could soon be offering users more than just perishable pictures and videos, according to the Wall Street Journal (WSJ). In a move that could actually begin to make the three-year old company some money, Snapchat has been in talks with a host of media companies and advertisers about offering disappearing news [...]

  • Glazer family’s ownership of Manchester United set to continue for “at least five years”

    August 20, 2014

    The Glazer family’s ownership of Manchester United is set to continue for at least another five years, it has been reported. The news will disappoint disgruntled United fans staging an anti-Glazer protest ahead of a home fixture against QPR next Saturday afternoon. Large sections of the United fanbase have long been opposed to the ownership of [...]

  • Argos owner hires head of trends Alexei Cowan to lead brands from mini fridges to middle class

    August 20, 2014

    Argos and Homebase have never been considered bastions of good style. With its belly button jewels and novelty mini fridges, we would almost go as far to say Argos is where trends go to die. But owner of both brands Home Retail Group (HRG) has a plan afoot. Concessions of middle-class taste-machine Habitat started the [...]

  • Mortgage lending rises 15pc to its highest level since 2008

    August 20, 2014

    Gross mortgage lending rose to £19.1bn in July, the Council of Mortgage Lenders (CML) said today –  the highest monthly figure since August 2008, when it stood at £19.3bn. The figure rose 17 per cent from £16.7bn in July 2013, and seven per cent from June's £17.9bn. The number of property transactions also increased, by [...]

  • Uber’s battle against taxi industry and regulators steps up a gear with Obama adviser on board

    August 20, 2014

    In Uber’s relentless battle against regulators and the taxi industry around the world, a political strategist was considered a crucial element for negotiating roadblocks in the disruptive taxi service’s plans for world domination. Now the search is over, and Uber has no doubt spent a pretty penny of its billions of dollars of investment (which [...]

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