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Markets

  • Cyber attack against Match.com exposes millions of singles to malware

    September 4, 2015

    UK’s online daters could be the victims of cyber crime, after researchers discovered a malware attack aimed at Match.com’s millions of users. The malicious content is being spread through adverts on the website in a “malvertising attack” which is reportedly targeting UK users in particular. Match.com’s servers have not been breached. The site’s users risk [...]

  • Mulberry finance director Roger Mather resigns

    September 4, 2015

    Mulberry’s finance director Roger Mather is stepping down from the luxury goods group,  in another blow to the company, which has been struggling to restore its fortunes. Mather will depart from Mulberry after eight years “to seek further career opportunities,” a spokesperson for the company said, adding that it had been "entirely his decision to [...]

  • One in three intellectual property experts worry about low-quality US patents

    September 4, 2015

    Are sloppy US patents hurting investments into research and development? One in three intellectual property experts are concerned over the poor quality of US patents, according to a new report from trade publication IAM. This could potentially hurt research investments, as investors struggle to assess the strength of patent portfolios, or send litigation costs soaring. [...]

  • Karen Millen boss Mike Shearwood “saddened” as he leaves retailer after scrapped MBO

    September 4, 2015

    Karen Millen boss Mike Shearwood has left the business following a scrapped management buy-out.    Shearwood, who has been at the business since 2007, is stepping down with immediate effect. Karen Millen confirmed it is not for sale “at this time”.   According to industry bible Drapers, it was a mutual agreement between Shearwood and [...]

  • AstraZeneca wins approval for major heart attack drug Brilinta in the US

    September 4, 2015

    AstraZeneca has won approval for the sale of a potential blockbuster drug in the US.   Brilinta, which thins the blood of former heart attack victims, won approval from the Food and Drug Administration last night, and is expected to be made available in pharmacies from the end of September.    Read more: AstraZeneca sells drug [...]

  • Fuelling online hypochondria, luxury Onhub Router and Project Sunroof: New projects Google’s been working on

    September 4, 2015

    Google's has been fuelling everyone’s hypochondria for years – but now its new health information feature, launched today, will send those with a tendency to panic about every little twinge into overdrive.  What’s the first thing you do when you think you’ve fallen ill? After reaching for Lemsip or painkillers, many go online, searching for [...]

  • Record breaking 2014 for Dyson as Asian consumers go crazy for cordless

    September 4, 2015

    They say nature abhors a vacuum – but consumers don't, it turns out, after Dyson unveiled a 13 per cent jump in profits. The figures Turover rose to £1.4bn  in 2014, with profits rising 13 per cent – or 21 per cent if you strip out the effect of the strong pound.  Investment in research and development rose 40 [...]

  • Burrito boom: How Mexican restaurants Chipotle, Chilangos, Tortilla, Benito’s Hat and Poncho 8 have taken over London

    September 4, 2015

    Fast food has become fashionable in London and the burrito has become one of the trendiest meals in town. The biggest Mexican food chains Chilangos, Benito's Hat, Tortilla, Poncho 8 and Chipotle account for 47 outlets in the capital when in 2007 only Chilangos existed. Read more: Four charts showing the rise of the posh burger [...]

  • Bwin.party share price rises as GVC beats 888 with £1.1bn offer

    September 4, 2015

    Bwin.party has finally been won over by GVC, signing a £1.1bn merger deal with its online gaming rival.   The two companies came to the agreement after months of deliberations. GVC first expressed interest in buying Bwin in May. The news sent shares in Bwin rising 1.8 per cent to £1.17 when markets opened.    [...]

  • Ebay 20th anniversary: Online auction giant celebrates 20 years of buying and selling

    September 4, 2015

    Auction site eBay yesterday marked its 20th birthday – and it has come a long way since computer programmer Pierre Omidyar began the business, listing a broken laser pointer pen as his first item for sale.    Amazingly, as he found a buyer, Omidyar knew he was on to a winner.   The US-based company [...]

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