UK telecoms operators must strengthen cyber security to prevent cyber attacks, says top spy boss February 20, 2019 The UK needs higher standards of cyber security across the telecoms sector, a top spy boss said today, insisting no conclusion has been reached about the use of Huawei’s 5G equipment. Speaking at a cyber security conference in Brussels this afternoon, Ciaran Martin, head of the National Cyber Security Centre (NCSC), said the telecoms market must [...]
Celebrity marketing fees fall by two-thirds in two years amid shift to micro-influencers February 20, 2019 The amount of money marketers are willing to splurge on high-profile celebrity influencers has plunged by two-thirds over the last two years, a new survey has revealed. Data published by Rakuten Marketing shows UK marketers are willing to fork out £25,000 for a single post by a Facebook influencer, down from £75,000 in 2017. Read [...]
Ghosn case should have been handled internally, new lawyer says February 20, 2019 Carlos Ghosn’s new lawyer launched an attack on Nissan and the Japanese legal system today as he dismissed the charges against the former car executive. Junichiro Hironaka, nicknamed the Razor, said the allegations should have been dealt with as an internal company matter and criticised Japanese judges for holding Ghosn behind bars, saying the move [...]
Vodafone becomes first mobile operator to connect smartphones to 5G February 20, 2019 Vodafone has become the first mobile operator to connect 5G smartphones to its network as it gears up for a European rollout later this year. The company said it has completed successful trials over a four-week period in Madrid and Barcelona ahead of the eagerly-anticipated Mobile World Congress. Read more: Qualcomm launches new chip for [...]
Iceland Christmas sales fall despite furore over banned palm oil advert February 20, 2019 Iceland is set to reveal a decline in underlying sales over the festive period after its controversial Christmas advert failed to boost business. A report prepared for bondholders, obtained by the Financial Times, showed underlying sales fell by one per cent in the 16 weeks to 4 January. Read more: Iceland mulls bid for potential [...]
Nissan governance board to push for separate chairman from Renault February 20, 2019 Nissan’s governance board is to oppose the company having the same chairman as Renault, the Financial Times reported today, citing sources close to the matter. Renault has been calling for its newly-appointed chairman, Jean-Dominique Senard, to take over the role at the Japanese car company, the sources said. Read more: Renault slams the brakes on [...]
Laura Ashley warns on full-year performance amid market turbulence February 20, 2019 Laura Ashley has warned its full-year performance will fall short of market expectations after posting a drop in sales for its interim results. The homeware chain, which is owned by Malaysian United Industries, suffered a 4.2 per cent decline in like-for-like retail sales for the 26 weeks to the end of December. Read more: Laura [...]
Labour plunged deeper into chaos as another MP quits Corbyn’s ‘Stalinist’ party February 19, 2019 The Labour party has been plunged further into chaos after an eighth MP quit to join a new independent group, attacking leader Jeremy Corbyn for presiding over a culture of antisemitism. Joan Ryan, who has served in the Labour party for 25 years, said she was “appalled, horrified and angered” by Corbyn’s failure to address anti-Jewish [...]
US airline Mesa leads last-minute Flybe rescue offer in blow to Virgin February 19, 2019 Arizona-based airline Mesa has tabled a £65m rescue deal for struggling airline Flybe in a dramatic move that could derail a takeover bid led by Virgin Atlantic. City A.M. understands Mesa is leading a consortium of investors that offered an injection of new equity at a Flybe board meeting today in a bid to save [...]
Jihadi bride Shamima Begum stripped of British citizenship February 19, 2019 The London schoolgirl who was located in Syria after running away to join the so-called Islamic State is to have her citizenship revoked, her family have said. Shamima Begum, who left her home in Bethnal Green at the age of 15 to join IS fighters, has begged to return to the UK after being found [...]