Dow and S&P eke out rises on a slow day – New York Report November 11, 2014 THE DOW and S&P 500 yesterday eked out a fifth session of record-closing highs, barely extending the market’s recent rally in light volume as consumer discretionary shares gained. The Dow Jones industrial average rose 1.16 points, or 0.01 per cent, to 17,614.9, a record high close. The S&P 500 gained 1.42 points, or 0.07 per [...]
YouTube secures music from Arctic Monkeys, Adele and SUBTRKT for streaming service November 11, 2014 A YouTube music streaming service to rival Spotify now seems inevitable after the Google-owned website struck a key music licensing deal. Following a bumpy negotiation process, the video streaming site has finally reached an agreement with rights agency Merlin who represent thousands of independent music labels. According to a report in the Financial [...]
Africa Cup of Nations 2015: Morocco banned from hosting tournament following Ebola fears November 11, 2014 Morocco will no longer host next year's Africa Cup of Nations football tournament, which organisers have said will go ahead despite the Ebola epidemic in west Africa. The north African nation demanded that the Confederation of African Football (CAF), which oversees the biennial tournament, postpones the game from 2015 to 2016 because of fears [...]
Apple’s missing iMessage headache continues as tech giant forced to face class action lawsuit November 11, 2014 Apple has been forced to face a US federal lawsuit which claims the tech company failed to inform its customers that their messages could be blocked if they switched to Android phones. A class action lawsuit was brought against the tech giant in May by Californian Adrienne Moore, who alleged that Apple had interfered [...]
Premier League salaries compared to American sports: Do Manchester United and Arsenal stars earn as much as NFL players? November 11, 2014 NULL
UK Unemployment November 11, 2014 Data released by the Office for National Statistics (ONS) shows that the UK unemployment rate fell to [5.9] per cent in the three months to September and down [0.1] per cent from the previous quarter. During the quarter, [XX] per cent of working age people were employed and this was up from [XX] percent a [...]
Alibaba Singles Day 2014 sales are three times bigger than last year’s Black Friday and Cyber Monday sales combined November 11, 2014 Alibaba has made over $9bn from its Singles Day sales bonanza. $9.3bn (£5.67bn) worth of sales to be exact. In 24 hours. No wonder investors were so keen to get a slice of that pie earlier this year. What started as a day for lonely hearts to celebrate singledom by purchasing gifts for [...]
European Court of Justice rules states can refuse welfare to immigrants but how many “benefits tourists” are there really? November 11, 2014 The European Court of Justice has ruled member states are free to exclude EU citizens from other nations who move to their country for the sole purpose of claiming benefits. The news was music to the ears of those in Downing Street, who have been seeking to crack down on so-called benefits tourism. So long [...]
Only connect: Social media giant LinkedIn facing class action lawsuit over privacy violation claims November 11, 2014 LinkedIn is facing a class action lawsuit after its premium “reference report” service over claims it has violated individuals' privacy. Four people are bringing the claim, citing various attempts at getting jobs which they argue may have been thwarted by LinkedIn's paid-for reference report service. The legal documents, which were filed last month, [...]
Benefit tourism dealt a blow by European Courts of Justice November 11, 2014 Benefit tourism was dealt a blow today by the European Court of Justice, after it ruled that people could not go to other countries within the trade bloc just to gain state aid. The court today announced a ruling that countries within the EU must be allowed to refuse benefits to those who “exercise [...]