Twitter shareholders spooked by 2019 outlook despite strong full-year results February 7, 2019 Twitter shares were down eight per cent this afternoon as it announced mixed full year results peppered with strong financials for 2018 but weak forecasts for the year ahead. The social media giant was under pressure to beat analyst expectations after strong report cards from Facebook and Snap. But despite succeeding for the year ending [...]
Ocado share price burnt by 48-hour blaze at robotics centre February 7, 2019 Ocdo’s share price suffered a 12 per cent dip this afternoon as investors continued to digest the news of a 48-hour blaze that has disrupted operations at one of the delivery giant’s major distribution centres. Late last night firefighters continued to tackle the blaze, which started early on Tuesday morning, at Ocado’s Andover distribution centre, [...]
Donald Tusk: Special place in hell for clueless Brexit campaigners February 6, 2019 There is a special place in hell for Brexit campaigners who had no plan for how the UK should leave the EU, the European Council President has claimed in an astonishing intervention. Donald Tusk made the jibe in a press conference alongside Irish Prime Minister Leo Varadkar in Brussels, in which he reiterated the Brexit withdrawal [...]
Odeon director Welch joins Hammerson board February 5, 2019 Shopping centre landlord Hammerson has appointed Odeon director Carol Welch to its board. The move, which comes as Hammerson embarks on a radical overhaul of its business, follows on from last week’s announcement that former Argos boss Terry Duddy was stepping down from the board in the wake of his new role at Debenhams as interim chairman. [...]
Angela Merkel urges UK to explain how it will replace the Irish backstop February 4, 2019 Angela Merkel has urged the UK to set out exactly how it wants to avoid a hard border with Ireland in the absence of a trade deal as she called for “creative” conversations to solve the Brexit deadlock. Speaking on Monday morning, the German Chancellor tried to strike an upbeat tone as she insisted a [...]
Trump tore down the walls for the Democrats’ socialist superstar February 1, 2019 Half-baked policy ideas that don’t stand up to economic scrutiny but spread like wildfire across social media. The ability to tear up the rulebook to forge a new path to power. A US politician who is almost certainly dramatically under-qualified for the office they hold, but who has captured the imaginations of millions through sheer charisma [...]
Social media sites must take legal responsibility for child safety, states tech committee January 31, 2019 Social media sites must take on legal responsibility for the health and wellbeing of children of their platforms, a parliamentary committee has found. The Science and Technology Committee (STC) today said tech giants such as Facebook, Instagram and Snapchat must be subject to a formal legal duty of care for their users. Read more: Social media [...]
DEBATE: Is there any point to the annual WEF summit in Davos? January 22, 2019 Is there any point to the annual WEF summit in Davos? Bill Michael, chairman and senior partner of KPMG in the UK, says YES. Elements of the World Economic Forum (WEF) do raise an eyebrow. From the setting in the Swiss Alps to the A-listers in attendance, it can seem like the last bastion of global [...]
Chasing global uncertainties with an active toddler is not easy January 22, 2019 You know you are a “Brexhausted” mother when you spend your day (and sometimes nights) chasing Brexit madness and the rest of the time chasing a super-active toddler. At least my toddler is starting to understand when I say “I think we are done for today, it’s time to go to bed”. While that’s been [...]
Lloyds Bank suffers IT outage as customers struggle to send and receive money January 18, 2019 Thousands of Lloyds Bank customers were unable to make payments this afternoon after the bank experienced an IT outage. Customers complained of difficulties transferring money from their accounts due to issues related to the lender's Faster Payments system, which allows customers to send and receive payments by internet or phone. "We are aware that some customers [...]