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Business

  • What you need to know before the US open

    February 24, 2014

    With the week set to get progressively busier, a quieter monday will no doubt see investors look towards the ongoing turmoil in Ukraine. Ousted President Viktor Yanukovich is now wanted for the mass murder of protestors. And Ukraine has said it needs $35bn in foreign aid over the next two years in order to keep [...]

  • 5 British people who have been fired and still succeeded

    February 24, 2014

    Our commiserations go out to Piers Morgan as we hear the British presenter, and his controversial views on gun-control, have been axed from CNN’s prime time slot following a slide in viewing figures.    It may be a tad embarrassing but getting the old heave ho from a role certainly doesn’t spell disaster for anyone. [...]

  • The US government could learn a lot from this guy

    February 24, 2014

    News that a man tried to use a trillion dollar note to pay a restaurant bill should be taken very seriously in Washington DC. Michael Williams, 53, tried to pay for a meal using a trillion dollar bill last week after his debit card was declined, according to The State. Police were called to the [...]

  • The technology that’ll rival solar-powered electricity

    February 24, 2014

    Competition could be coming to solar-powered fuel, with new and inexpensive materials nearing the market. Research published last week in the journal Science has provided the latest boost to the promise of solar-power hydrogen fuel, which could offer power vehicles at a fraction of the cost currently needed. Kyoung-Shin Choi, the chemistry professor who led [...]

  • Merlin to bring Shrek and Friends attraction to London

    February 24, 2014

    Themepark company Merlin Entertainments and animation studio DreamWorks have announced the launch of a new "Shrek's Far Far Away Adventure" attraction. Based on the animated films, the attraction will join Merlin's five other brands – Legoland, Madame Tussaunds, Sea Life, The Dungeons, and The Eye. Shrek's universe is the most successful animated franchise of all [...]

  • Game’s court case sees “pay as you stay” introduced

    February 24, 2014

    The Court of Appeal has made a big change to the way retail administrations are handled, deciding that landlords should be paid even when the company has collapsed just after receiving a rent bill. The test case involved Game Group, which filed for administration the day after its quarterly rent was due in March 2012, [...]

  • Volunteers who kept the underground running during strike awarded £25 voucher

    February 24, 2014

    London Underground Tube staff who volunteered to keep services running during this month's strike have been awarded £25 "by way of thank you." The strikes were called in response to the closure of London ticket offices and plans to cut 750 jobs. The Transport Salaried Staffs Association (TSSA) said the volunteers were awarded £25 for [...]

  • Ukraine’s next government has 2 big challenges to face

    February 24, 2014

    With Ukrainian presidential elections scheduled for May, the next government will have to return stability to an area that's seen mass protests since last November. The current government is unlikely to last beyond those elections. Former prime minister Yulia Tymoshenko has ruled herself out of the running for the current government, after being released from [...]

  • 4 reasons why the Bank’s growth forecasts are far too optimistic

    February 24, 2014

    While the Bank of England spent most of 2013 issuing forecasts for the British economy which seemed far too conservative almost straight afterward, analysts at Deutsche Bank think they’ve just done the opposite. According to chief UK economist George Buckley, the Bank’s projection of 3.4 per cent growth in 2014 is 0.2 percentage points higher [...]

  • Whatsapp to add voice calls this summer

    February 24, 2014

    CEO of Whatsapp Jan Koum has announced that the messaging service will be introducing voice calls in the second quarter of 2014. "We want to make sure people always have the ability to stay in touch with their friends and loved ones really affordably," Koum said. The announcement was made at the World Mobile Congress [...]

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