Xbox One sales top two million worldwide December 11, 2013 MICROSOFT has sold more than 2m Xbox One video game consoles since its 22 November launch, catching up with rival Sony’s PlayStation 4 released a week earlier. Microsoft yesterday said it took 18 days for Xbox One’s global sales to surpass 2m – a new company record. Sony last week said it took 15 days [...]
Capco’s Covent Garden scheme wins approval December 11, 2013 CAPITAL & Counties (Capco) was given the go-ahead by Westminster Council yesterday to build a leisure and residential scheme connecting two of Covent Garden’s busiest shopping areas. The developer wants to transform the space between King Street and Floral Street within its £1.1bn Covent Garden estate, creating a new public courtyard overlooked by eight shops, [...]
Zara Spanish owner Inditex says global expansion plans on track December 11, 2013 ZARA owner Inditex, the world’s largest clothing retailer, showed signs of leaving behind months of tepid sales growth yesterday as a budding European recovery boosted pre-Christmas trading and it said global expansion plans remained on track. Inditex, which also operates brands including teen label Bershka and upmarket Massimo Dutti, has struggled this year to match [...]
Bitcoin fund raises $65m in two months December 11, 2013 A FUND established to offer investors exposure to Bitcoin is holding around $65m (£39.7m) in the digital currency after two months in operation, its creator, SecondMarket chief executive officer Barry Silbert, said yesterday. Silbert said the fund, named the Bitcoin Investment Trust (BIT), has 90 investors, among them hedge fund traders and private family investment [...]
Retail footfall suffers a drop December 11, 2013 BRITAIN’S high street suffered a fall in the number of shoppers in the week to 8 December despite the surge seen on the first Sunday of the month when retailers reported one of their busiest days. Figures published by Springboard today show that between Monday 2 to Sunday 8 December high street footfall dipped by [...]
YouTube eyes $5.6bn ad sales December 11, 2013 YOUTUBE’S advertising revenues are set to surge by more than 50 per cent to $5.6bn in 2013, according to a report that underlines the growing shift from traditional TV adverts to the internet. The report by eMarketer estimates YouTube is now so attractive to advertisers that it will account for 11 per cent of advertising [...]
Sledge-fund: Jogging santas take City by storm December 11, 2013 COMMUTERS in the City were treated to a rare spectacle on Tuesday night as hundreds of City workers pulled on red suits and took part in the Santa Dash running 5k for Brainwave. Teams from JP Morgan, Goldman Sachs and AIG (among others) all fought through the cold in a bid to raise some cash [...]
Gherkin is back on the menu for street food December 11, 2013 STREET food has evolved from a proliferation of greasy chip vans to the height of gourmet cuisine in a relatively short space of time in the UK. But strict bylaws banning street trading in many parts of the City of London, mean us City folk often miss out on the gourmet grub. But KERB, which [...]
Balls casts Commons vote wearing his Santa suit.. December 11, 2013 WHEN we said last week there was a new Red Ed in town, we really didn’t expect Ed Balls to take it so seriously, but it looks like the shadow chancellor is relishing his new moniker – and giving it a festive slant. It seems Balls turned up to the Commons kids Christmas party dressed [...]
Imagination out of favour after demand slows December 11, 2013 IMAGINATION Technologies said a slowdown at the top end of the smartphone market would hit the number of chips shipped with its graphics and video technology in the second half of the year, sending its shares down more than 20 per cent. Its lower guidance, combined with disappointing first-half results, pushed Imagination’s shares down to [...]
