Volkswagen share price falls as it signals recall of 11 million diesel vehicles September 29, 2015 Volkswagen has signalled it will recall up to 11m vehicles as part of its response to the emissions scandal which has engulfed the carmaker over the last two weeks. New chief executive Matthias Mueller told a closed-door gathering of about 1,000 top managers at Volkswagen’s Wolfsburg headquarters late yesterday that the carmaker has drawn up a “comprehensive” [...]
The Bank of England is being probed by the Serious Fraud Office over liquidity auctions during the financial crisis September 29, 2015 The Bank of England (BoE) is being probed by UK investigators over whether the central bank's emergency auctions held during the onset of the global financial crisis were rigged. The Serious Fraud Office (SFO) is looking into whether banks and building societies were told to offer roughly the same amount of collateral, meaning no lender would [...]
Volkswagen emissions scandal: Share price falls as it’s removed from the Dow Jones Sustainability Indices September 29, 2015 Embattled carmaker Volkswagen has been cut from the leading Dow Jones Sustainability Index (DJSI) due to the fallout from its emissions scandal. From the close of trading on October 5, Volkswagen will no longer be part of the index according to its organisers RobecoSAM and S&P Dow Jones Indices. The DJSI benchmarks companies on social, [...]
UK retail sales beat forecasts in September, reports Confederation of British Industry September 29, 2015 UK retail sales grew at a faster pace than expected in the year to September, with firms expecting business to pick up pace in the run-up to Christmas, research shows. Of the 119 firms polled by the Confederation of British Industry (CBI) distributive trades survey, 55 per cent expect sales volumes to increase in the [...]
Dow and S&P close higher – New York Report September 29, 2015 US STOCKS ended higher after a volatile session yesterday as concerns about the health of the global economy kept investors cautious after more than a month of turbulence. The Dow Jones industrial average rose 0.3 per cent to end with 16,049.13 points and the S&P 500 gained 0.12 per cent to 1,884.09. However, the Nasdaq [...]
Nasa Mars water discovery announcement 2015: There’s flowing water on the red planet, scientists say “mystery solved” September 29, 2015 Scientists at Nasa have discovered what they believe to be proof of flowing water on Mars, which could mean it's an inhabitable environment for humans and that there is a greater chance of finding life on the planet. New high-resolution satellite images reveal features on the planet's surface which change during different seasons, indicating water [...]
Google: Everything you need to know about new smartphones Nexus 5X and Nexus 6P, tablet Pixel C and Chromecast – including price and UK release date September 29, 2015 Google unveiled two new smartphones and a new tablet in chief executive Sundar Pichai's first new product presentation since stepping into the role earlier this year. The Nexus 6P and Nexus 5X smartphones will utilise Google's new Android Marshmallow operating system, while the Pixel C is a powerful new tablet that will rival Apple's new [...]
US whistleblower Edward Snowden joins Twitter September 29, 2015 Edward Snowden, the exiled US whistleblower, has joined Twitter and is following just one account: the National Security Agency (NSA) Read more: UK forced to remove spies after Snowden files decoded A former NSA employee, Snowden has been a fugitive from the US since leaking information about the spying agency's wide-ranging surveillance and phone-tapping activities. Within [...]
Eurozone confidence hits four-year high as Greece worries diminish September 29, 2015 Economic confidence in the Eurozone hit its highest point in over four years this month, according to data released by the European Commission. The bloc's Economic Sentiment Indicator (ESI) reached 105.6 points in September – an increase of 1.5 points from August's figure of 104.1. This puts confidence in the economy at its highest [...]
This kickstarter funded Kerv ring lets you make contactless payments with just a wave – and it’s about to make your commute a dream September 29, 2015 There's nothing worse than the faff of having to rummage through your bag or pockets to dig out your contactless card, Oyster or old-fashioned paper ticket. Even worse is being stuck behind someone else doing the faffing and holding up your journey. There's a new wearable device that could make all that a thing of [...]