UK’s chief nutritionist, Dr Alison Tedstone, has said advice to eat more fat in National Obesity Forum report is “irresponsible” May 23, 2016 In yet another health debate that is likely to confuse us even more about our diets, the UK's chief nutritionist has slammed new advice to eat more fat as "irresponsible" and flying in the face of available evidence. Dr Alison Tedstone, the chief nutritionist at Public Health England, was responding to a report by the National Obesity Forum and [...]
Why it’s time to start taking Donald Trump seriously May 23, 2016 Despite his stunning victory in the Republican primaries, a new conventional wisdom has already settled around Donald Trump’s chances of winning the White House. He can’t do it, we’re told, because he’s an offensive show-off who has alienated women, the well-educated, and non-white voters. While not an inaccurate description, as so often, the conventional wisdom [...]
The Chinese town where robots replaced 60,000 workers May 23, 2016 A Chinese manufacturing hub enlisted a fleet of robots to help overhaul its growth strategy. Kunshan, in Jiangsu province of China, used to be one of the country’s best performing economies. But its reputation was dented after an industrial explosion killed 146 people in 2014. At the time, it was blamed on poor safety standards [...]
Night Tube is go: Launch date and launch lines for London’s first 24-hour service May 23, 2016 The Night Tube is go. London's new mayor Sadiq Khan has formally announced the 24-hour service will begin on Central and Victoria lines from 19 August, with Piccadilly, Jubilee and Northern lines to follow in the autumn. The launch – almost exactly a year to the date that it was due to go live – means that London [...]
Stride Gaming share price rises 2.55 per cent as online bingo firm declares first dividend after revenue and profit rises May 23, 2016 NULL
Stride Gaming share price rises 2.55 per cent as online bingo firm declares first dividend after revenue and profit rises May 23, 2016 Online bingo operator Stride Gaming has declared its maiden dividend, after posting a 21 per cent increase in revenue for the six months to 29 February. The figures Sales hit £21.6m in the first half, up from £17.9m in the same period of last year. The company, which operates online bingo brands such as Kitty [...]
Axa has said it will sell its tobacco portfolio because of its “tragic” human cost May 23, 2016 Axa, the world's largest insurer, has announced it will stop investing in tobacco on ethical grounds, citing the "tragic" human cost of the industry. The group intends to sell its tobacco portfolio, valued at around €1.8bn (£1.4bn). Axa will also sell all of its equity holdings — worth about almost €200m — in the sector immediately. Incoming chief executive Thomas Buberl acknowledged [...]
Bayer’s share price falls on $62bn bid for Monsanto May 23, 2016 German drugs and chemicals giant Bayer has made a formal offer for US seeds company Monsanto, offering $62bn (£42.7bn) in a deal that will create the world's biggest agricultural supplier. Bayer said the all-cash offer for $122 was "immediate and certain value at a substantial premium for Monsanto shareholders", of 37 per cent above the closing share [...]
FTSE companies are depressed about the economy – but they don’t really care about the upcoming EU referendum and the risk of Brexit May 23, 2016 FTSE 350 firms are pessimistic about the UK economy, but the prospect of Brexit doesn't seem to have fazed them, according to a new survey out today. Companies' confidence in the country's economy is at its lowest ebb since 2012, with just 12 per cent expecting an improvement over the next 12 months. This is down from 40 per cent [...]
EU referendum: Why the smallest firms must make EU politics their business May 23, 2016 It’s exactly a month to the day to the EU referendum. It’s also the moment Britain’s army of small businesses have been dreading. For them there’s more than just the most desirable shape of a banana, open borders, the Greek question or Brussels bureaucracy at stake, it’s making a decision about the future of their [...]