After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Take a look inside five of London’s £35m homes April 19, 2016 We all know there are people who are are happy to fork out vast sums of money to snap up tiny parts of London. Which is why we hear stories of a shack in Peckham selling for £1m, or a garage in Chelsea being snapped up for £360,000. But some – London's highest net-worth individuals – are prepared to stump up [...]
Netflix share price tumbles on subscription slowdown, sparking takeover speculation April 19, 2016 Shares in Netflix have tumbled like a house of cards, down more than 10 per cent after subscriber numbers failed to hit estimates – indicating a slowdown in growth. The streaming service forecast half a million new additions to its service in the US by June, and two million around the rest of the world, below [...]
Harley-Davidson roars past earnings expectations in the first quarter, sending its share price higher April 19, 2016 Motorcycle maker Harley-Davidson has reported a slump in its first-quarter profit to $250.5m (£173m) from $269.8m in the same period last year. Earnings per share (EPS) hit the gas however, climbing 7.1 per cent to $1.36 from $1.27 last year, beating a poll of 19 analysts by Thomson Reuters who had expected $1.30 per share for the quarter. [...]
“Fantastic Four” prepare to face off against the tax avoiders in new multinational initiative – so we don’t have to April 19, 2016 Four of the world’s foremost international bodies are to team up to launch a fresh fight against tax avoidance in the wake of the Panama Papers. The revelations have claimed the scalp of one global leader so far, embroiled hundreds of others and left a trail of metaphorical destruction in their path. Now, the multinational [...]
TfL names new Tube boss as Australian transport executive Mark Wild April 19, 2016 Transport for London has named an Australian transport executive as the new boss of the Tube. Mark Wild will join TfL in June, taking over from interim managing director Nick Brown. Wild is currently special adviser to the minister and secretary of the state government of Victoria. He was also chief executive of Public Transport Victoria, the [...]
Over 50 per cent growth to Saga profits and a hike in proposed final dividend for the year ended January 2016 leads to share price rise April 19, 2016 Saga today revealed a boost to its profits in its preliminary results for the year ended January 2016. The company, which specialises in services aimed at the over-50s market, revealed that its profits before tax had risen to £176.2m, up 54.8 per cent on the prior year's £113.8m. The company also announced that it was increasing its proposed [...]
Meet Apple’s newest Macbook colour (and the battery lasts longer too) April 19, 2016 Apple has a new Macbook, and it comes in a colour that it's been fond of for its phones for quite some time. Rose Gold is the latest addition to the range with the newest updated Macbook, and there's also one new thing that is likely to keep users happy – a better battery life. [...]
Pensions: Baroness Ros Altmann “delighted” there was not a move to pensions ISA system April 19, 2016 Baroness Ros Altmann is "delighted" that the chancellor of the exchequer did not turn incentives on their head with a move to a so-called pension Isa. Speaking at the Association of British Insurers' conference, Altmann said that she believes turning pensions into Isas would be a disaster, and would "destroy pensions as we know them". "I'm absolutely delighted [...]
Utilitywise share price up as company announces rise in revenue and a new role for chief executive Geoff Thompson April 19, 2016 Utilitywise today announced a spike in sales and a new role on its board for founder and chief executive Geoff Thompson. The utility management company, which counts Krispy Kreme and HSBC as clients, revealed that revenues had risen to £41.6m in the six months ending January 2016, up 36 per cent from £30.6m the year before. Meanwhile, adjusted pre-tax [...]