Chinese search engine Baidu reports dip in revenue and warns of further declines in the fourth quarter October 28, 2016 Shares in Chineses search engine giant Baidu have dipped by 2.1 per cent in out of hours trading after the company warned that revenue would decline further in the fourth quarter of 2016. The figures Revenue dropped 0.7 per cent to 18.25bn renminbi (£2.21bn), with mobile revenue representing 64 per cent of the total during the [...]
BA owner International Consolidated Airlines (IAG) reports dip in revenue and cites Brexit-related sterling weakening and strikes had €162m impact October 28, 2016 International Consolidated Airlines Group (IAG) has reported a dip in profit during the third quarter of 2016, citing recent weakness in the pound and a slew of air traffic control strikes. The figures Operating profit in the three months to 30 September was down 3.6 per cent to €1.2bn (£1.1bn) from €1.25bn in the same [...]
Cruisey McCruiseface? P&O launches Boaty McBoatface-esque contest to name new liner with public vote October 27, 2016 P&O Cruises announced today that it will allow guests to choose the name of its newest ship, which will be launched in 2020. In an echo of the famous public vote to name a new polar research vessel Boaty McBoatface, P&O revealed on Twitter that it would pick a moniker for its new ship by [...]
Twitter share price jumps four per cent before the bell as social network’s revenue and earnings beat expectations October 27, 2016 Twitter's share price jumped by more than four per cent in pre-market trading today as the micro-blogging site announced revenue and earnings for the third quarter had beaten expectations. The figures Revenue came in at $616m (£503m) for the three months to 30 September, an eight per cent increase on this time last year and [...]
Delays of up to two hours at Heathrow, Gatwick and London City Airport due to thick fog October 27, 2016 Travellers booked to fly out of London are facing delays of up to two hours this morning – due to thick fog. British Airways warned people booked on flights this morning that fog was affecting schedules at Gatwick, Heathrow and City Airport. Fog is affecting flights at London Heathrow, Gatwick & City today. Check your flight status [...]
John Lewis retail boss appointed chief exec at Moneysupermarket.com October 27, 2016 Price comparison website Moneysupermarket.com has appointed John Lewis' retail boss as its new chief executive. Current chief exec Peter Plumb announced that he would be leaving the firm in August and the company said today that John Lewis' retail director Mark Lewis will take over on or before 4 May 2017. Lewis joined John Lewis in [...]
BT Group reports 35 per cent hike in revenue but earnings drop 10 per cent October 27, 2016 BT Group said today that while Brexit hasn't had any major impact on the firm, weakness in sterling was hitting its finances, as it reported a 10 per cent drop in earnings but a revenue jump of over one third for the three months to 30 September. The figures Revenue was up 35 per cent [...]
BT broadband and BT Infinity services are down across several areas of the UK October 26, 2016 BT customers have reported problems with their internet access in areas across the UK today. According to BT's status page, there are ongoing issues in several regions with both BT Infinity and BT broadband services. And internet service status monitoring website said BT had been having issues since around 12.08pm today. “A small number of [...]
Victoria Line services delayed after person hit by train at Seven Sisters October 26, 2016 Services on the Victoria Line are subject to severe delays this afternoon after a person was killed after being hit by a train at Seven Sisters Tube station earlier today. British Transport Police (BTP) were alerted to reports that a person had been hit by a train at the North London station at around 11.15am. "Officers attended [...]
Cheapside reopens after being evacuated and closed off by police after suspicious vehicle reported October 26, 2016 City of London police have confirmed that a security alert in the Square Mile has now been dealt with and all roads have been reopened. We have dealt with the incident and the area is now safe. Roads have been re-opened. Thank you for your patience. — City of London Police (@CityPolice) October 26, 2016 [...]
