ITV and Sky buy stakes in 24-hour video gaming TV channel September 20, 2016 ITV and Sky have bought stakes in the owner of a channel that screens video gaming 24 hours a day. The broadcasters have each invested £1.55m in Ginx TV for 16.5 per cent shareholdings. Both companies also have the option to increase their stakes. Read more: Sky invests $1m in air Drone Racing League in the [...]
Wells Fargo share price slides as chief exec gets a grilling from the Senate’s banking committee September 20, 2016 Wells Fargo's share price has started to slide as chief executive John Stumpf sits down for an uncomfortable chat with the US Senate's banking committee. The bank has come under fire in recent days after it was revealed its staff signed customers up for products without their consent. Earlier this month, Wells Fargo was hit with [...]
Destiny: Rise of Iron news – Gjallarhorn returns in an update that gives the fans what they’ve been waiting for September 20, 2016 Destiny's previous expansion, The Taken King, was a bit of a relief. It helped to simplify the more frustrating progression elements, meaning, for example, that when you finally obtained a much-sought after piece of gear (one that you had killed countless sentient beings for) you could start using it right away, rather than having to collect [...]
Bank of England’s Andrew Hauser: Don’t expect blockchain to revolutionise finance any time soon September 20, 2016 Much heralded blockchain technology will not create a revolutionary shake up in the financial sector anytime soon, a top Bank of England official has declared. The distributed ledger technology has a way to go to become to be as revolutionary as some are predicting, according to Andrew Hauser, the executive director of banking, payments and financial resilience [...]
Lib Dem leader Tim Farron appeals to Labour voters: Back us or face another Tory majority September 20, 2016 Liberal Democrat leader Tim Farron has launched a direct appeal to Labour supporters, demanding they back his party or face more than 20 years of Conservative majority rule. In his keynote speech at the Lib Dem party conference in Brighton, Farron also warned that businesses were “funding their own funeral” by backing the Conservatives in [...]
Middle East investment vehicle buys 23 per cent stake in UK broker September 20, 2016 A Middle Eastern investment vehicle today took a 23.1 per cent stake in broker WH Ireland. Kuwaiti European Holding Group (KEH), the vehicle of the Al-Humaidi family, this morning announced it had paid £8.45m for more than 6m shares at 140p, a 39 per cent premium on last week’s closing price. WH Ireland’s share price rocketed [...]
London School of Economics lecturer to divorce actor husband September 20, 2016 Angelina Jolie, a lecturer at a respected London university – and Oscar-winning actress – is set to divorce her husband, according to reports. Jolie, who was appointed as a visiting lecturer at the London School of Economics in May and is a good friend of former Tory leader William Hague, filed for divorce from actor husband [...]
Dixons Carphone has created an Amazon Dash style button prototype September 20, 2016 Dixons Carphone is experimenting with the Internet of Things (IoT) to create an Amazon Dash style button that can be used to provide customer support when their devices go wrong. Like a "panic button on a submarine", if your washing machine starts leaking, simply pressing the button will trigger a call back from Dixon's call [...]
US-based Regeneron and Israeli pharma firm Teva race Eli Lilly and Pfizer to bring a new pain drug to market September 20, 2016 US-based Regeneron Pharmaceuticals and Israeli drugmaker Teva Pharmaceutical Industries are rushing to beat US rivals Eli Lilly and Pfizer to market with a new type of pain drug. Regeneron and Teva said today they are planning to co-develop and market Regeneron's experimental drug new type of pain drug if it succeeds in trials and is approved. Teva will pay Regeneron $250m (£192m) and share the new injectable drug's [...]
Picks of the day: The three stories to read today September 20, 2016 Running out of things to talk to coworkers about? We’ve done the legwork for you, and put together the top stories people are talking about today in bite-sized form, just to make your life that bit easier. Check out our three at three. "I do travel to work by helicopter" Sports Direct founder Mike Ashley [...]