Kingfisher’s share price dips as it reveals new strategy to target £500m annual profit uplift January 25, 2016 KIingfisher led the FTSE lower this morning as investors digested the DIY giant's new five year strategy – and the costs it will incur. Kingfisher, whose share price dropped as low 4.5 per cent in early trading, is hoping to return an additional £600m to shareholders over the next three years, with a plan to deliver a [...]
Islamic State video says Britain now a target after Syria airstrikes; issues implied threat against MPs who voted for military action January 25, 2016 Islamic State (Isis) has issued a video saying Britain is now "a target" after having authorised airstrikes against the terrorist group in Syria – and issued an implied threat against specific MPs who voted in favour of the action. The group has posted a video claiming to show nine of the suspected gunmen from November's Paris [...]
JKX Oil & Gas blocks shareholders Eclairs and Glengary from vote over Proxima bid January 25, 2016 JKX Oil & Gas has blocked two of its biggest shareholders from attending or voting at a general meeting this week, at which the board risks being ejected. Eclairs Group and Glengary Overseas – who own 27.5 per cent and 11.4 per cent respectively – have been banned from taking part in the meeting on Thursday, [...]
Adidas ends sponsorship with IAAF four years early as doping scandal continues to dog athletics January 25, 2016 Adidas is pulling out of its sponsorship of athletics' world governing body IAAF four years before the contract was due to expire, as the doping scandal continues to dog the sport. The BBC reports that the sportswear giant told the IAAF of its plans – which will result in millions of dollars in lost income – earlier [...]
Happy Birthday: The 10 most popular videos on Vine in the last 12 months including the stade de France during the Paris attacks, duck army and Lady Gaga and Leo DiCaprio at the Golden Globes January 22, 2016 Social video network Vine marks its third birthday on Sunday and to celebrate it has looked back over the last 12 months to find the most looped videos of the past year. The six-second videos range from the truly significant – the most popular features footage from the moment players and the crowd at Paris' Stade [...]
Someone is using the Ashley Madison hack to send blackmail threats by post, and they’re asking for payment in bitcoin January 22, 2016 Six months on from the Ashley Madison hack, it seems the consequences of the notorious data breach has not gone away. At the time there were fears that members of the dating website, aimed at people already in relationships, would be unveiled following the hack. Some people, it seems, have indeed been being blackmailed and [...]
Davos 2016: Why you can’t afford to ignore the fourth industrial revolution – and how data must become essential to your business January 22, 2016 There's been one phrase on everyone's lips at this year's World Economic Forum: the fourth industrial revolution. Definitions differ on what exactly it is, but one thing we can all agree on is that the fourth industrial revolution is here and it is happening a lot faster than many of us ever imagined. While the first [...]
Government sells stake in King’s Cross development for £371m to AustralianSuper January 22, 2016 The government has sold it stake in the King's Cross development – currently part-way through a process that will overhaul the 67-acre site – to pension fund AustralianSuper, for £371m. The decision to sell the site was made back in August, when Lazard and Savills were hired to handle the deal. The government's 36.5 per cent stake [...]
Flight SK1530 from London to Stockholm diverted to Gothenburg after bomb threat made to air traffic control January 22, 2016 A Scandinavian Airlines flight from London to Stockholm was diverted to Gothenburg this morning after an apparent bomb threat. Flight SK1530, which was travelling from London Heathrow, was diverted after a threat was made to air traffic controllers while the plane was mid-air, local media reports. The flight was diverted from the Swedish capital and landed at [...]
Tesco to drop diesel prices further to 97.7p from today January 22, 2016 Tesco has said it will drop its diesel prices even further, committing to lowering the price of the fuel to 97.7p at all of its 500 filling stations from midday today. The supermarket was one of many to bring the price of diesel below £1 at the start of the year, alongside Sainsbury's, Asda and Morrisons, [...]
