After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Airlines will have to cut fares after Brussels attacks, says Ryanair chief executive Michael O’Leary April 12, 2016 Airlines are going to have to cut air fares after the Brussels attacks, Ryanair's chief executive has warned. Michael O'Leary warned on Tuesday that fares will have to be reduced as nervousness around flying has increased after last month's attacks in Brussels. "In January-March we'll see a €10-20m hit. That's due to the air traffic [...]
Should we trust today’s forecasts from the IMF? April 12, 2016 The half-yearly growth forecasts from the International Monetary Fund (IMF) are a big deal. They move markets, shape local politics and are generally relied upon around the world. But how accurate are they? Depending on your take, today's substantial revisions are either an indicator or rapid change and sharp volatility, or bring into question the [...]
It’s like Tinder, but for gin – Ginder weekend lets Londeners swipe right for mother’s ruin April 12, 2016 London-based initiative A World of Gin has launched Ginder – a weekend event that seeks to help hopeful gin lovers find their perfect gin and tonic match. The boozy speed dating event, kicking off this Friday in Bethnal Green, invites gin fans to book in for a 30 minute "swiping session", where they’ll be offered various [...]
Multinationals including Facebook, Google, and Amazon could be forced to make their EU tax documents public April 12, 2016 Multinationals such as Google, Amazon, and Facebook are in danger of being forced by the European Commission to disclose in exactly which European Union countries they pay tax and how much. Under the proposals, announced this afternoon by EU Financial Services Commissioner Jonathan Hill, all multinational companies with a turnover greater than €750m (£600m) would have to comply [...]
EMBARGOED Greater London, the East Midlands and Scotland show fastest rent rises over three months to March; North West is the only area to decline April 12, 2016 NULL
Osborne welcomes Brexit warning from IMF as it cuts outlook for UK growth April 12, 2016 Brexit could cause major instability to the UK, European and world economies, the International Monetary Fund (IMF) has warned in its latest forecasts for global growth, as Brexit campaigners rounded on the group for "talking down Britain". "A 'Brexit' could do severe regional and global damage," the IMF predicted, as it cut its outlook for growth [...]
Swing and a miss for Perry Ellis International, as fashion design house reports a loss for year ended January 2016 April 12, 2016 Perry Ellis International's full year results missed the mark for shareholders today, as shares traded flat in pre-market trading after the company reported a loss in its full year results. The fashion designer, which is well-known for sportswear, reported a net loss of $7.3m (£5.1m) for its full year ended January 2016, narrowing the gap compared [...]
Sajid Javid assures he’s fighting for British steel “every hour” April 12, 2016 Business secretary Sajid Javid said today that he's fighting for the UK's embattled steel industry "every hour of the day". Speaking during a three-hour emergency debate regarding Britain's deepening steel crisis in the House of Commons, he said: "The challenges we face are great, the crisis the steel industry faces is global, but I am fighting for Britain's steel [...]
George Osborne backs IMF’s growth warnings over Brexit, but won’t talk about austerity April 12, 2016 George Osborne has seized upon the latest evidence that instability ahead of the EU referendum could be weighing on the UK economy – but chose to ignore statements from the International Monetary Fund (IMF) that his austerity programme is also dampening UK growth. In its world economic outlook, launched today, the IMF, downgraded its forecast for the British [...]
Mapped: How the world economy will fare in 2016 April 12, 2016 The International Monetary Fund (IMF) released a gloomy global outlook for the world economy today and warned of a series of risks on the horizon which could upset the fragile recovery. The map below shows the Fund’s latest forecasts for major countries around the world. Though beware, they’ve been subject to some substantial revisions in the past. [...]