FTSE recovers but Tesco’s woes drag down rival retailers – London Report October 23, 2014 BRITAIN’S top equity index recovered yesterday and ended slightly higher, tracking a broad rally in US stocks following some strong earnings results, although a slump in Tesco and Unilever capped gains. The FTSE 100 index ended up 0.3 per cent at 6.419.15 points, after falling as much as 1.4 per cent during the day. Troubled [...]
Wall St climbs on earnings – New York Report October 23, 2014 CORPORATE earnings, including Caterpillar’s, drove Wall Street higher yesterday. However, pared gains late in the session after reports that a New York City hospital was running Ebola tests on a healthcare worker who had treated infected patients in West Africa. The Dow Jones industrial average rose 216.58 points, or 1.32 per cent, to 16,677.9, the [...]
EU budget 2014: Britain ordered to pay extra €2.1bn as compensation for its strong economic performance compared to other countries October 23, 2014 Britain has been told by the EU that it must add an extra €2.1bn to its 2014 EU budget, as compensation for its strong economic performance. It has been told by the European commission that it must make the payment on 1 December, to make up for the fact that its economy has performed [...]
EU budget 2014: Britain ordered to pay extra €2.1bn as compensation for its strong economic performance compared to other countries October 23, 2014 NULL
Amazon share price falls by the most in a decade as revenues disappoint October 23, 2014 Shares in Amazon fell as much as 13 per cent in New York after hours trading this evening – the company's biggest fall in at least a decade. The drop occurred after the online retailer posted disappointing results for the third quarter, with forecasts and sales falling well below Wall Street expectations. Analysts [...]
Microsoft share price up as revenue grows 25pc in third quarter October 23, 2014 Shares in Microsoft went up by 2.1 per cent to $45 in after-hours trading this evening, after the multinational software giant reported a strong performance across its commercial and consumer businesses for the third quarter. Revenue for the company was $23.2bn (£14.5bn) during the three months to 30 September – a 25 per cent increase [...]
Is there a cure for Ebola? These three companies are racing to create a vaccine against the deadly virus October 23, 2014 As the death toll from Ebola continues to rise in west Africa, the pressure being placed on pharmaceutical companies to come up with a cure for the disease is mounting. According to estimates from the World Heath Organisation (WHO), the epidemic has already killed over 4,500 people in the region and the infection rate [...]
The power of the PowerPoint slide: Simple presentation effects can convince investors to invest October 23, 2014 Even among the most experienced investors, a thoughtfully placed information pyramid and the carefully timed disappearance of a thought bubble can work wonders in convincing them that a company is worth getting involved in. W. Brooke Elliott, a professor of accountancy at the University of Illinois, looked into the effect of corporate presentations [...]
Following the #GamerGate saga, new study states gaming least welcoming area for women online October 23, 2014 A new study from the Pew Research Center has found online gaming is the "least welcoming" online environment for women. The findings come as the #GamerGate saga continues to spark fierce online debate about the level of sexism and misogyny in the video game community. The research, by the US-based Pew Investigation Centre, found just [...]
Travelodge gets 200,000 strange requests a year – but which ones are real? October 23, 2014 My mother always used to complain that I treated her house like a hotel, but judging by some of the requests made at the Travelodge chain, I really wasn't trying hard enough. The British business today revealed some of its most bizarre requests made by some of the 17 million guests that stayed at [...]