London Fashion Week kicks off as China slowdown is becoming an increasing headache for luxury brands September 15, 2015 Friday marks the start of London fashion week, when luxury brands flaunt their Spring/Summer collections on the catwalk and throw champagne-fuelled parties to celebrate the arrival of the next fashion season. But behind the scenes, the party mood is more subdued as luxury companies nervously assess how great an impact the ongoing economic slowdown [...]
Candidates try to break Greek poll deadlock September 15, 2015 GREEK Prime Minister Alexis Tsipras and opposition leader Vangelis Meimarakis traded blows in a TV debate last night, the outcome of which could prove decisive in a close election race. Sunday’s snap election in Greece is shaping up to be a close affair, with polls showing both main parties are neck-and-neck. One recent poll conducted [...]
Timebomb for pensioners as annuities shrink September 15, 2015 PEOPLE reaching pension age this year are set to receive annual retirement incomes that are a whopping 72.7 per cent lower than those received by retirees 15 years ago, according to new research. There has been a 7.9 per cent drop in annuity incomes just over the past year, says data from personal finance portal [...]
Slaven Bilic: West Ham maestro Dimitri Payet elevates others September 15, 2015 WEST HAM UNITED 2 NEWCASTLE UNITED 0 West Ham manager Slaven Bilic hailed the colossal impact of summer signing Dimitri Payet after the former Marseille playmaker scored twice as the Hammers routinely dispatched a blunt Newcastle at Upon Park last night. Payet proved the hosts’ match-winner as West Ham recorded their first home win of the [...]
More charges set to be brought in Fifa probe September 15, 2015 FURTHER charges are set to be brought as part of the ongoing investigation into alleged corruption by football’s world governing body Fifa, according to United States Attorney General Loretta Lynch yesterday. Fourteen Fifa officials and sports marketing executives were indicted by the United States justice department in May as part of a widespread investigations into [...]
Industry view: Improving operational and technology efficiency while building cyber-resilience September 15, 2015 The explosion in fintech start-ups promises to deliver innovation and efficiency to a market that is stultified by established players and legacy systems. Considerable opportunities exist for companies to use fintech solutions to address key operational and technology efficiency challenges, as well as increasing regulation, like the forthcoming revised EU Payment Services Directive (PSD2). But [...]
UK business facing £98.6bn fraud bill September 15, 2015 UK BUSINESSES are losing an estimated £98.6billion annually to fraud, according to a report undertaken by the University of Portsmouth’s Centre for Counter Fraud Studies, and accountancy fi rm PKF Littlejohn. Professor Mark Button, co-author of The Financial Cost Of Fraud 2015 report and director of the Centre for Counter Fraud Studies, says: “The key [...]
Expert View September 15, 2015 Ajay Bhalla, president, enterprise security solutions, MasterCard The threat of crime for businesses is not new, but managing crime in a new era of digital innovation is. There will be more change in the payment landscape in the next fi ve years than there has been in the past 50. Growth in electronic payments, coupled [...]
Industry view: Adoption and collaboration are key to defeating the cyber threat September 15, 2015 Cyber-crime is now one of the most serious threats to businesses and national economies. It is rare that a week goes by without a story breaking about a business that has suff ered a cyber-attack. Already this summer in the US, Jeep Cherokee told customers to update their cars after hackers crashed a vehicle, having [...]
EXCLUSIVE: If you make it easy for someone to steal from you, chances are they will September 15, 2015 The big interview Frank Abagnale LONG GONE are the days where Frank Abagnale, former con artist, walked into a bank impersonating a Pan-Am pilot trying to cash in bad cheques. The man whose life story was the inspiration behind the Hollywood movie Catch Me If You Can, directed by Steven Spielberg and starring Leonardo DiCaprio [...]
