Before the bell: What you need to know before the US market open September 1, 2016 The pound has leapt against the dollar after the UK's manufacturing sector smashed expectations and China's manufacturing sector has also bounced back. Here's what you need to know before the US market open at 2:30pm London time. Pre-market futures are looking mixed ahead of the open. The S&P is off by 0.1 per cent, while the Nasdaq is [...]
WhatsApp only SIM card comes to the UK September 1, 2016 Telecoms startup FreedomPop has launched the first ever WhatsApp only mobile SIM in the UK. The SIM card gives free, unlimited data when using the popular Facebook-owned messaging app and offers an additional 200 megabytes of general data, as well as 100 voice minutes per month. Earlier this week FreedomPop made headlines when Russian billionaire [...]
Taptica shares soar on rising mobile advertising spend August 31, 2016 Mobile ad firm Taptica shares have rocketed after the firm posted what it called a “record” year. Shares in the company closed up 19 per cent yesterday as revenue leapt by 53 per cent to $51.8m (£39.4m) in the first half. Gross profit almost doubled to $17.8m, up from $9m in the same period last year. [...]
AstraZeneca pays out $6m to settle US bribery case August 31, 2016 AstraZeneca will pay $5.5m (£4.1m) to resolve a foreign bribery probe in the US. The payment settles an alleged bribery case at the drugmaker’s Chinese and Russian units going back as far as 2005. The US Securities and Exchange Commission (SEC) claims Astra staff made payments and gave other benefits to state-employed doctors and other [...]
Telecom firms look to watchdog for guidance on mobile ad blocking August 31, 2016 Mobile networks are looking to the communications watchdog Ofcom for guidance over their plans for network-wide ad blocking. Yesterday the Body of European Regulators for Electronic Communications (Berec) published guidelines to clarify rules preventing internet service providers throttling download speeds. Part of the guidelines – which are now left to be interpreted by national regulators [...]
Virgin Media to offer faster broadband for gamers August 31, 2016 Virgin Media is taking a niche approach to growing its broadband subscription base. From tomorrow the internet service provider will offer customers the UK’s first broadband tier designed specifically for online gamers. The extra upload speed – up to 20Mbps – will be an add-on to Virgin Media’s current top broadband package and cost £5 per month. Gamers are increasingly choosing to [...]
Before the bell: What you need to know before the US market open August 31, 2016 Global economic headwinds are increasing and Eurozone inflation data has proven a disappointment. Here's what you need to know before the US market open at 2:30pm London time. US market futures are more-or-less flat ahead of the open. The S&P is down by 0.02 per cent, the Nasdaq is flat, and the Dow is 0.04 per [...]
Berkeley and housing stocks risk being evicted from FTSE 100 index August 31, 2016 Housebuilder Berkeley Group could be booted from the FTSE 100 today after a near 30 per cent slump in its share price so far this year. Building materials company Travis Perkins is also teetering on the edge of the blue-chip index with shares now down about 12.5 per cent since the UK voted to quit the [...]
Luxury cars top reputation chart as VW plummets after scandals August 30, 2016 BMW, Aston Martin, and Jaguar Land Rover have been found to have the best reputations for car brands amongst the British public, a survey from consulting firm Reputation Institute has revealed. Volkswagen’s tumultuous year – including the high profile emissions scandal – has however caused the world’s biggest car maker to tumble from number two [...]
European Union internet regulators rule against two-speed highway in win for open net activists August 30, 2016 Europe's biggest telecoms companies were dealt a blow this afternoon by European Union regulators adopting strict net neutrality rules. The new guidelines for net neutrality – the idea that all internet traffic should be treated equally – means Europe's internet will not become a so-called two speed highway. Under the new rules, laid out by the Body of European Regulators for Electronic [...]
