Eurozone prices rise amid hints of policy boost September 16, 2015 A STEEP drop in energy prices held down prices in the Eurozone in August, according to figures released yesterday by Eurostat, with officials dropping further hints that stimulus measures could be beefed up if necessary. Energy prices fell 7.2 per cent in July compared with the same month last year, dampening overall annual inflation which came [...]
City Moves for 17 September 2015 | Who’s switching jobs September 16, 2015 STANHOPE CAPITAL The investment office has appointed Bernard Kalfon as partner to develop its private and institutional client base outside the UK. He has over 20 years’ experience and has held roles at Société Générale Asset Management, Salomon Brothers-Citibank, and Bear Sterns. In 2009, he co-founded Nexar Capital Group. INVESTEC PRIVATE OFFICE Rafe Garvin has [...]
Energy firms push index up – New York Report September 16, 2015 Energy stocks pushed Wall Street higher yesterday due to an almost six per cent jump in oil prices. However, many investors stayed on the sidelines ahead of today’s Federal Reserve decision on interest rates. The Dow Jones industrial average closed up 140.1 points, or 0.84 per cent, to 16,739.95, the S&P 500 gained 17.22 points, [...]
US interest rate rise 2015: Dollar droops ahead of the Federal Reserve’s big decision September 16, 2015 The dollar tumbled with less than a day to go until the Federal Reserve makes its big decision, falling one per cent against the pound. With the dollar dropping against 15 of the 16 major currencies tracked by Bloomberg, the biggest winners were the pound, gaining one per cent, and the South African rand, gaining [...]
Bloomberg terminals to pull more data in from Twitter September 16, 2015 City traders and other Bloomberg terminal addicts can look forward to to getting more Twitter data to help make smarter decisions. We already know that when markets get moving, Twitter follows suit – but it goes the other way too, with tweets moving markets. Bloomberg and Twitter are now expanding their partnership, according to reports [...]
Apple iOS 9 release: Here’s how to download the latest update to the iPhone and iPad operating system – and why it isn’t working for some September 16, 2015 It’s update time for iPhone users: iOS 9 is here. Apple released the latest version of the operating system running on iPhones and iPads at 6pm UK time – and you should get a friendly phone reminder from Apple when it's ready to download. As always, servers are overheating as every single iPhone user worldwide [...]
Samsung really is working on a foldable smartphone – first photos of “Project Valley” leaked September 16, 2015 Samsung is working on a top-secret foldable smartphone, given the codename “Project Valley”. Photos reportedly showing the Korean tech giant’s prototype of the phone have ended up on Chinese social media site Weibo, alongside suggestions that the model could go on the market early next year. If the sound of a “foldable” phone puts you [...]
Apple Watch software update watchOS 2 delayed due to bug – iOS 9 release not affected September 16, 2015 Apple has postponed the release of new Apple Watch software watchOS 2, expected to be made available today, because of a bug. The software update would have been released to Apple Watch owners today. How long it will now be delayed is unclear, a company spokesperson said to the Financial Times: We have discovered a [...]
News Corp buys London adtech company Unruly Media for up to £114m September 16, 2015 News Corp has bought the video advertising technology company Unruly Media for up to £114m to improve its digital video offering for advertisers. Unruly, one of the most successful startups to emerge from London's Silicon Roundabout, will operate as a separate unit in News Corp's business, under newly returned UK chief Rebekah Brooks. “We have always [...]
General Election 2015 campaign costs explained: Where do smaller political parties spend their money? September 16, 2015 While campaign spending for a number of parties including the Conservatives and Labour reaches the 10s of millions of pounds in the build-up to the General Election, a number of parties spend significantly less. Data released by the Electoral Commission, the independent party funding watchdog, today gave details to campaign expenditure of all political parties [...]