More misery for Boeing’s Dreamliner? LOT flight LO4 makes emergency landing in Glasgow en route from Chicago to Warsaw September 26, 2014 A flight operated by Polish airline Lot has made an emergency landing in Glasgow after reports of smoke or a fire while it was en route from Chicago to Glasgow. The pilot of the Dreamliner, which was carrying 260 passengers, declared an emergency while the plane was over the Atlantic. A spokesman for the Scottish [...]
Does Kim Jong-un have gout? North Korean leader “is suffering from discomfort”, state admits September 26, 2014 North Korea has admitted its leader Kim Jong-un is "suffering from discomfort", prompting speculation he has gout, after missing several key public appearances. Kim hasn't appeared in public since the beginning of September, which is unusual considering his central role in the state's propaganda campaigns. An hour-long, state-sanctioned documentary shown yesterday went as far as [...]
In charts: London house prices have risen 21.6 per cent in the last year September 26, 2014 The average price paid for a home in London rose 21.6 per cent to £467,070 in the year to August, data by the Land Registry shows. This particular set of data is interesting in that it looks at prices paid by people buying homes. Nationally, prices rose 8.4 per cent to £177.824. Between July and August, [...]
Ryanair share price climbs as it raises its traffic forecast September 25, 2014 It's the Ryanair Annual General Meeting (AGM) today, so expect plenty of outspoken soundbites from chief executive Michael O'Leary. Until then, investors will have to make do with a statement issued by the airline this morning, saying it expects "slightly stronger traffic growth in the winter schedule" – 87 million passengers by the end [...]
Ferrari recalls 3,000 F458 Italia and F458 Spider sports cars – for the most action movie reason imaginable September 25, 2014 By now, we're used to the likes of Toyota recalling vehicles in their thousands – but when you've paid the price of a two-bed semi for a sports car, we'd imagine you expect to be able to keep hold of it. Not always. Italian luxury car manufacturer Ferrari has just recalled 3,000 of its F458 [...]
GSK confirms RBS’ Sir Philip Hampton as new chairman September 25, 2014 GlaxoSmithKline (GSK) has confirmed that Royal Bank of Scotland (RBS) chairman Sir Philip Hampton has been appointed to lead its board. The pharmaceutical giant said this morning that Hampton will join as non-executive director on 1 January next year, assuming the role of chairman from Sir Christopher Gent from 1 September. Although RBS did not [...]
Mike Ashley’s Sports Direct takes a punt on Tesco’s share price September 25, 2014 Mike Ashley isn't averse to taking a flutter. This time, the Newcastle United owner has taken a bet on Tesco – his company, Sports Direct, has entered into a put option agreement with Goldman Sachs on 23 million of its shares, which could leave it with a 0.28 per cent stake in the retailer, worth [...]
Finally, Apple apologises over iOS 8 update – but what about the bendy iPhone 6? September 25, 2014 Apple made a statement overnight apologising for the "great inconvenience" created by its flawed iOS 8 operating software. The company has been the subject of criticism after it released the latest version of its mobile operating system earlier this month. It's 8.0.1 update, released yesterday designed to fix problems with its health app, caused further [...]
Now Standard & Poor’s puts Tesco on negative credit watch September 24, 2014 It hasn't been a great week for Tesco chief executive Dave Lewis, what with discovering a £250m black hole in his balance sheet, having to suspend four executives, and then being subjected to the humiliation of a series of regulators saying they were "keeping an eye" on the situation. Now, following in the footsteps of [...]
Share price up after rumours RBS’ Sir Philip Hampton “will be named GSK chairman before the weekend” September 24, 2014 Shares in pharmaceutical giant GlaxoSmithKline rose slightly in late afternoon trading after it emerged Sir Philip Hampton is likely to be named as its new chairman. Shares climbed 0.2 per cent to 1,425p, having spent the afternoon around the 1,418p mark. GSK is likely to announce Hampton's move in the next two days – such [...]