Scientists say Regin is one of the most sophisticated pieces of malware ever found November 24, 2014 Cyber security firm Symantec says it's just discovered the most sophisticated piece of malware – that's malicious software – it's ever seen. The company, which has dubbed it "Regin", said that once it infects a computer, it can take screenshots, steal passwords and even recover deleted files. That makes it even more sophisticated than Stuxnet, [...]
The S&P 500 just climbed faster than ever before November 21, 2014 Times are good in the US. The S&P 500 kicked the morning off by leaping 0.8 per cent to 2,068.86 – its biggest intra-day climb ever. Although it then dropped back slightly to 2,067.11, equity investors were clearly buoyed by something. Most likely, it's monetary easing in China, where interest rates were cut by 0.25 [...]
ECB kicks off its asset-back securities purchase programme November 21, 2014 The European Central Bank (ECB) has kicked off its programme to buy asset-backed securities in an effort to stimulate the region's flagging economy. ECB chief Mario Draghi confirmed in September that the bank would start buying asset-backed securities in a programme slated to last "at least" two years. Because of the ECB's collateral rules, the [...]
Brixton Village, watch out: Time Out wants to build a massive “hipster hub” in London November 21, 2014 Time Out is branching out. Peter Dubbens, the man behind the magazine, wants to create a huge, 100,000 sq ft "hipster hub" somewhere in central London. The thinking behind the idea, apparently, is to "bring the magazine to life". Property industry magazine Estates Gazette reported this morning that Dubbens has appointed James Andrew International to find [...]
Dear Uber drivers: As its Spotify tie-up launches, you’re going to hear way more Kate Bush, One Direction – and Kirsty MacColl November 21, 2014 The tie-up between Spotify and Uber launches today, meaning anyone who gets in an Uber cab can listen to their own tunes. The system works using a feature inside Uber's app which connects to the driver's phone. As long as it is plugged into the sound system, it allows passengers to determine what plays over [...]
Hawker Typhoon, Cops’n’Robbers and the Flying Scotsman: Has Hornby got its mojo back? November 21, 2014 Alright, so you couldn't say it's steaming ahead – but after three profit warnings in two years, it looks like Hornby is back on track. The company behind Airfix and Scalextric said sales increased by eight per cent to £24.2m in the six months to the end of September, ending a run of bad luck. [...]
Chinese Landwind X7 vs the Range Rover Evoque: This car looks suspiciously familiar… November 21, 2014 Executives on their way to launch Jaguar Land Rover's (JLR) new Evoque at yesterday's Guangzhou motor show could have been forgiven for ending up at the Landwind stand by mistake. For the Chinese manufacturer's latest offering, an SUV, looked suspiciously familiar. Its narrow headlights, chunky front end and trendy black alloys evoked… well, they evoked Range [...]
YouTube could lose about 20,000 songs, including Pharrell’s Happy November 20, 2014 There’s a fight brewing between YouTube and a group representing 46 artists and songwriters, including Pharrell Williams, John Lennon and even Ira Gershwin, which could result in all their songs being removed from the online streaming site. Let’s put it this way: Pharrell is not Happy… Global Music Rights (GMR) is the company behind the [...]
10 themes Goldman Sachs thinks will dominate markets in 2015 November 20, 2014 It's the most wonderful time of the year – the time banks, analysts and other finance futurologists dust off their crystal balls and start trying to work out what the market's going to be thinking about next year. Goldman Sachs has got in there early, with its "Top 10 market themes for 2015" research note. [...]
For frack’s sake: Jim Ratcliffe’s Ineos wants to invest $1bn in UK shale gas November 20, 2014 Jim Ratcliffe's Ineos has announced plans to spend $1bn (£639m) in shale gas exploration and production in the UK. The company has spent the past few months bidding for licenses to explore sites in Scotland and the North of England. It said that if it wins all the licenses it has applied for, it will [...]
