Without profit at Tesla, Elon Musk will be coming back to earth February 7, 2018 Last night, eccentric billionaire Elon Musk sent one of his own Tesla sports cars into outer space with the launch of the most powerful operational rocket the world has ever seen. The swagger and showmanship of the event should not distract from the significance of the launch, or the fact that Musk is an immensely [...]
When the scheme is a scam: Top tips to protect your money against con artists February 7, 2018 As we see a rise in people investing online, fraudsters are changing the way they con people out of money. Worryingly, £87,000 is being lost to investment scams every single day, according to figures published by the UK’s financial watchdog last week. The Financial Conduct Authority (FCA) urged people to be vigilant when signing up [...]
The City has more serious things than Brexit to worry about February 7, 2018 Brexit has been the centrepiece of the City’s agenda this week, with two planned Brexit Select Committee meetings alongside Michel Barnier’s visit to the UK. Despite the fractures Brexit has caused within the government, there seems to be more coherent understanding in the Square Mile on the future shape of regulatory architecture. Any future deal [...]
Government to scrutinise employment status after rise of gig economy with Uber and Deliveroo February 7, 2018 The government will promise to scrutinise how workers are classified with a rising number of people working in the so-called gig economy, popularised by tech companies such as Uber and Deliveroo. Business and industry will be consulted on plans that could lead to changes to the current statuses that exist in law – employed, self-employed [...]
Swansea thrash Notts County as Millwall miss out on chance to face Tottenham in FA Cup fifth round February 6, 2018 Improving Swansea avoided an FA Cup shock in ruthless fashion after taking their place in the fifth round by dispatching League Two high-flyers Notts County 8-1 at Liberty Stadium. On-loan Chelsea striker Tammy Abraham and Nathan Dyer netted twice, while former Tottenham duo Kyle Naughton and Wayne Routledge, Tom Carroll and Daniel James also registered. [...]
US stocks see-saw as bulls fight back after day of intense volatility on trading floors February 6, 2018 Wall Street was gripped by volatile trading on Tuesday as traders scrambled to make sense of tumbling share prices throughout the world. Having swung between red and green throughout the day, US indices closed on the up. The Dow Jones ended the day 2.33 per cent higher at 24,912.59, the tech-heavy Nasdaq closed up 2.13 [...]
Shares in Snapchat maker Snap jump as revenues and user numbers beat expectations February 6, 2018 Snap’s stock has jumped by more than 25 per cent as the company beat expectations after a tough first year as a publicly listed company. The Snapchat messaging app owner said its revenue rose 72 per cent to $285m in the three months to the end of December, beating analyst expectations, while its net loss [...]
Chelsea set to keep faith with Antonio Conte despite sudden dip in form and tensions with club February 6, 2018 Chelsea look set to keep faith with manager Antonio Conte despite the club’s nosediving form intensifying speculation that the Italian’s departure is only a matter of time. Conte appeared to invite the club to sack him following Monday’s 4-1 defeat at Watford – their third loss in four games, and part of a longer sequence [...]
Warren Gatland happy to indulge in mind games prior to Wales’s Six Nations showdown with England at Twickenham February 6, 2018 Wales head coach Warren Gatland has made an early bid to shift the pressure onto England prior to their Six Nations showdown on Saturday by depicting himself as apprentice to Eddie Jones’s master. The two sides meet on Saturday in what is set to be a pivotal fixture in determining the outcome of this year’s [...]
EU warns Apple’s bid for Shazam could hit competition ahead of a probe into the deal February 6, 2018 The European Commission has said Apple’s takeover of Shazam could have a significant impact on competition in Europe. The EU’s antitrust regulator will look into the iPhone maker’s acquisition of the UK-based music discovery app following a request from seven countries. Austria, France, Iceland, Italy, Norway, Spain and Sweden requested that the Commission assess the [...]