From the Aston Martin DB11 to the Lamborghini Centenario: These are the five coolest supercars at the Geneva International Motor Show 2016 March 2, 2016 As the great and the good of the world's car industry descended on Geneva today for its annual two-week knees up, petrolheads had their eyes on one thing: supercars. From Bugatti's (potentially) record-breaking Chiron to China's first-ever supercar, aka Techrules' 220mph hybrid, the options for those intent on splashing the cash were pretty limitless. What are the shiniest [...]
London augmented reality startup Blippar closes $54m funding round led by Malaysian government March 2, 2016 London-based augmented reality startup Blippar has closed a $54m (£39m) series D funding round, led by Khazanah Nasional Berhad, the strategic investment fund of the Malaysian government Blippar, which is best known for its work creating jazzy, interactive magazine covers for titles such as ShortList and the Radio Times, said it will use the cash to increase its [...]
The number and wealth of the world’s billionaires has peaked – but Mark Zuckerberg is the biggest riser March 1, 2016 The number of billionaires in the world peaked at a record high last year and has begun to drop, according to a new ranking – which added that the average wealth of the world's billionaires has also begun to fall. Forbes' 2016 Billionaires List showed the number of billionaires in the world has fallen to 1,810, from [...]
Geneva International Motor Show 2016: McLaren is working on a fully electric supercar March 1, 2016 McLaren has begun work on a completely electric supercar – as well as some autonomous features, its chief executive revealed today. At an event to mark the launch of the Geneva International Motor Show, Mike Flewitt, chief executive of the British supercar manufacturer, said engineers are working on the "early prototype" stages of a fully-electric powertrain, which could be used [...]
In pictures: Bugatti reckons its £1.7m Chiron, unveiled at the Geneva Motor Show today, will break world speed records March 1, 2016 As the Geneva Motor Show opened its doors today, Bugatti launched one of the most anticipated cars of the show: its €2.4m (£1.7m) Chiron. At a press conference, the company said its follow-up to the Veyron, the speed of which has been "limited" to 420km/h (260mph), is "ready for a new world speed record". "The Chiron is… very well-positioned to [...]
Problematic worker? You probably aren’t communicating what you want from your team February 29, 2016 Being a manager is a hard job. And it doesn’t get much harder than when you have to tell someone they aren’t making the grade. I’ve been witness to many such meetings and all too often, it was the manager who left feeling dejected, not the employee. Why? Because during the conversation it became clear [...]
London house prices: Demand for luxury new-build apartments will drop this year – and prices won’t recover until 2018 February 29, 2016 Demand for London's luxury new-build apartments has fallen, one of the world's largest property services companies has admitted – and prices won't begin to recover until 2018. JLL said it was cutting its growth forecast for the capital's high-end properties, after economic uncertainty and the chancellor's three per cent stamp duty hike for second home buyers [...]
From pensions taxes to the EU referendum to the Elizabeth Line: Here’s what got you reading this week February 27, 2016 1. A pensions tax bombshell Former pensions minister Steve Webb wrote on Sunday that George Osborne is preparing to drop a "tax bombshell" on pensions savers by scrapping the tax-free lump sum. Find out what the chancellor may have planned here. 2. The EU referendum There was no escaping from it: wherever you looked, another politician [...]
West London is nearly five times wealthier than anywhere else in UK – beating the Brussels elite to the top-spot in European wealth stats February 26, 2016 The champagne will be flowing on King’s Road tonight, after new figures showed that West Londoners generate nearly five times more GDP than anywhere else in the UK – and is the richest area in Europe. Data released today by the EU’s statistical office, Eurostat, shows economic activity across 276 EU regions in 2014, as measured by GDP per [...]
Surprise: Dollar rises against the euro as US growth is revised upwards for the fourth quarter of 2015 February 26, 2016 The dollar rose this afternoon after US growth was unexpectedly revised upwards for the fourth quarter of last year – despite worries about global growth. GDP growth hit one per cent in the final three months of the year, figures from the US Commerce Department showed today, up from the 0.7 per cent initial estimate. That pushed [...]
