Watch: Rubik’s Cube whizz Collin Burns just set a new record April 27, 2015 A teenager has just smashed the Rubik's Cube world record, shaving 0.3 seconds off the previous record. Collin Burns managed to solve the puzzle in 5.25 seconds at a competition in Doylestown, Pennsylvania organised by the official World Cube Association (of which, incidentally Burns himself was an organiser). A representative from the association confirmed to [...]
European markets sink as Greece jitters continue April 27, 2015 Another week, another set of worries about Greece. Although European markets started the day well, that rally faded quickly, with the FTSE 100 falling 0.36 per cent by mid-morning. At the same time, Germany's Dax dropped 0.29 per cent and France's Cac 40 fell 0.9 per cent. Although the FTSEurofirst 300 opened 0.4 per cent [...]
These are the five industries where employers are desperate to hire new graduates April 27, 2015 As the end of the semester approaches, a new crop of graduates are about to be unleashed, wide-eyed, on one of the most competitive jobs markets in years. How can they get the edge over their peers? New research has suggested the industries where companies are desperate to hire graduates include IT, where 39 per [...]
London property in pictures: A former car showroom has been converted into Mayfair’s “largest” flats April 27, 2015 It's the antithesis of London's latest trend for tiny houses squeezed into gaps between buildings: a block of flats described as London's "largest" apartments – on the site of a former car showroom – has gone on sale in Mayfair. Glebe, the developer behind The Mellier, says its apartments have the largest rooms of any [...]
HSBC share price closes higher as it launches review into leaving UK April 24, 2015 Shares in HSBC closed more than three per cent up at 631.4p after the bank revealed it is investigating the possibility of leaving the UK. Chairman Douglas Flint said this morning that, spooked by a tighter regulatory environment, HSBC's board has launched a review into moving its headquarters out of the UK. More on this [...]
From Milifans to the Hound of Hounslow: here’s what got us talking this week April 24, 2015 It was the week which began with the transformation of the Labour leader into an idol (stop cringing at the back, please) and ended with HSBC threatening to leave these fair shores (again)…. Here’s what got us talking this week 1. Election The election campaign trudges on wearily, with a little under two weeks until [...]
Tesco share price falls as Fitch downgrades its long-term rating April 24, 2015 Credit ratings agency Fitch has downgraded Tesco's long-term rating to BB+, from BBB-. Shares in the supermarket were down 1.1 per cent to 222.6p in mid-afternoon traading after the ratings giant said its decision reflected a "weakening outlook for the group's near term profitability in its core UK operations". The news comes days after Tesco [...]
HSBC leaving the UK? Five charts showing why it might actually mean it this time April 24, 2015 HSBC chairman Douglas Flint raised eyebrows on markets today when he announced the bank's board had begun a review into whether it should continue to be headquartered in the UK. The news sent shares up more than three per cent as investors showed their appreciation for the (possible) move. More on this story: HSBC launches review [...]
French Connection share price plunges on profit warning April 24, 2015 Retailer French Connection has suddenly found itself in the bargain bin, after shares plummeted more than 20 per cent in early trading. The fall came after the brand issued a trading update saying its full-year results are likely to be "materially lower than expected". Ouch. The brand, which has underperformed fairly consistently since the heady [...]
Pace share price jumps 36 per cent after takeover agreement with US rival April 23, 2015 Shares in Pace, the set-top box maker, closed more than 36 per cent higher this afternoon, after it announced plans to merge with US rival Arris. The company said this morning it had agreed to be bought by Arris for $2.1bn (£1.4bn). The deal values Pace at 426.5p per share – although they closed at [...]
