Smartphone by name, smarter by nature: How mobiles are raising the IQs of the over-50s September 1, 2015 Smartphones may be regarded by many as a modern menace – but it may be that they're actually making people cleverer. That's according to a new study, which found cognitive function among the over-50s is better now than it was just six years ago. In fact, by IQ standards, 50 is the new 42, it [...]
888 steps up the fight for Bwin.party as GVC talks continue September 1, 2015 It must be nice to feel wanted. Bwin.party, the gambling software company which is currently the subject of a tug-of-war between 888 Holdings and Irish rival GVC, said today that 888 had revised its proposal for a takeover. The company had been in relatively straightforward takeover talks with 888 since May – until GVC waded [...]
Exclusive glimpse of apartments Southbank Place, Canary Wharf Group’s reincarnation of the Shell Centre September 1, 2015 Canary Wharf Group's redevelopment of the Shell Centre, the iconic
Crazy markets, Night Tube called off and Jeremy Corbyn goes off the rails: Here’s what got us talking this week August 28, 2015 It was the week in which everything got a bit trippy: the markets went bananas. The South Bank went psychedelic. Someone discovered a Nazi train full of gold (allegedly). And after 60 years of rivalry, Burger King finally proposed a truce with McDonald's… What got us talking 1. Up, down, up, down… Who said August was [...]
FTSE 100 closes higher after tumultuous week August 28, 2015 After a week spent yo-yoing between losses and gains, the FTSE 100 made up all its losses, closing at 6,247.9 points today – 0.9 higher than yesterday's close, and 60 points higher than it finished last week. Global markets were all hit on Monday after weaker than expected manufacturing data prompted fears of an economic [...]
Former Tesco chief executive Philip Clarke to be quizzed by Serious Fraud Office August 28, 2015 Former Tesco boss Philip Clarke is set to be grilled by the Serious Fraud Office (SFO) as part of an investigation into the supermarket chain’s multi-million pound accounting black hole. The UK prosecutors have also called in ex-commercial director Kevin Grace for questioning, according to people with knowledge of the matter cited by Bloomberg. Read [...]
Is cash dead? Quarter of people think cash will disappear in the next five years August 28, 2015 With the launch of Apple Pay and a host of near-field communication (NFC) rivals, was 2015 the final nail in the coffin for cash? A new study has found a whopping 25 per cent of people believe cash will be obsolete in five years' time, with 39 per cent saying it'll be gone in a [...]
Say what? Greek GDP revised up to 0.9 per cent August 28, 2015 Well, here's a line we didn't expect to hear this year: growth in Greece has been revised up to 0.9 per cent in the second quarter. That's better growth than the UK achieved… The figure was revised up from an initial reading of 0.8 per cent growth, which was itself seen as pretty optimistic – [...]
Oil prices keep rising – just in time for the great bank holiday getaway (but the good news is Morrisons and Sainsbury’s have cut petrol prices) August 28, 2015 After Brent crude made its biggest one-day gain in six and a half years yesterday, rising more than 10 per cent to $47.56 per barrel, it looks like oil prices are continuing to rise today – just in time for the great bank holiday getaway. This morning Brent crude was up more than one per [...]
B-team, robots and : Three theories explaining why the markets were so volatile this week August 28, 2015 This week has been a rollercoater ride of emotions on the global markets, after weak manufacturing data from China caused a series of wild swings which saw the FTSE 100 lose five per cent on Monday, gain three per cent on Tuesday, fall another 1.5 per cent on Wednesday and rise three per cent on [...]
