Chinese stocks down 2.5 per cent today as tariff deadline looms July 2, 2018 Chinese stocks took another battering today as new tariffs from both Washington and Beijing will take effect this week. China’s benchmark Shanghai Composite Index closed down over 2.5 per cent – the worst start to the second half of a year since 2015. And losses rippled across Asia with Japanese and South Korean markets both [...]
Tesla nearly hit its Model 3 goal of 5,000 cars a week, making it just a few hours after the June deadline passed July 2, 2018 Tesla almost reached its targets for Model 3 production last night, making it just a few hours after midnight passed yesterday morning in a reveal that boosted its share price by 4.5 per cent. CEO Elon Musk had previously said he wanted to reach total production numbers of 5,000 cars per week by the end [...]
Fortnum and Masons suffers major data hack, with 23,000 customers potentially affected July 2, 2018 British retail behemoth Fortnum and Masons has been the latest victim of a major data hack, it was revealed today. The personal information of some 23,000 customers is left at stake, exposed through a partnership the company had established with survey company Typeform for its food and drink awards. Specifically, those who voted through Typeform [...]
Citymapper adds ‘floating’ transport into its app, with partner support for Ofo, Mobike and Santander July 2, 2018 Citymapper has added dockless cycles and scooters across London and other cities into its app, in a move to update your daily commute with what it calls ‘floating transport’. From today, users will be able to see transport options from dockless bikes, scooters and mopeds inside the Citymapper app, with journey times including how far [...]
The digital revolution comes to healthcare: NHS unveils new app designed to empower patients July 2, 2018 The government has today unveiled plans for a free NHS mobile app to make accessing health services quicker and easier. Not only does the app give patients remote access to their medical records, it also allows them to make appointments with their GP and order repeat prescriptions as well as get medical advice from the [...]
FTSE 100 softech Micro Focus’ share price is rising, after annoucing the sale of Suse to private equity house EQT July 2, 2018 Software provider and IT management consultancy Micro Focus has announced the sale of its Suse open source subsidiary for $2.535bn (£1.93bn) to Swedish private equity house EQT, giving its share price a boost as markets opened. Suse is worth almost one-third of Micro Focus’s business, acquired by the company as part of an all-share purchase [...]
Pride and the LGBTQ: Why representation in advertising isn’t just about “pinkwashing” July 2, 2018 Representation matters. Advertising is a constant presence in our everyday lives, but for people in minority groups, it’s not a given that they will see themselves depicted in the media. Take the LGBTQ community. Seven per cent of the UK population identify as lesbian, gay, bisexual, transgender, or otherwise queer, according to the Stonewall charity. [...]
Football fever can teach Britain a thing or two about optimism July 2, 2018 Despite the Belgian blip, England is in the last 16 of the World Cup. As the sunshine continues, we are having the best summer since 1976, following a royal wedding that was rich in spectacle, love, and meaning – and watched by millions around the world. As a nation, it was perhaps another landmark occasion, [...]
City Moves – Monday 2 July. Who’s moving jobs at Kensington Mortgages, Lockton and Brilliant Basics July 2, 2018 Kensington Mortgages Kensington Mortgages hired Sharon Cochrane for the role of account development manager for Scotland, following Kensington’s full market launch earlier this year. Sharon will be responsible for new business growth and relationship management. Sharon brings over 19 years’ worth of experience in financial services to the role –15 of which were spent as [...]
Virgin Atlantic has said it will no longer carry out forced deportation flights for the Home Office June 30, 2018 Virgin Atlantic has said it will no longer carry out involuntary deportation flights for people deemed to be illegal immigrants. A spokesperson for the airline said it had already informed the Home Office of its decision, which was made “in the best interest of our customers and people”. The decision follows months of controversy following [...]