Stay on top of your game with the best health and fitness gadgets of 2020 January 15, 2020 It’s January – misery month – a yawning chasm between paydays offering naught but the freezing grey expanse of winter to look forward to. So you know what that means: it’s time to step into last year’s battered trainers, load up a podcast and get running again. To help keep you motivated, here’s our pick [...]
BBC unveils plan to double global audience to 1bn by 2030 January 15, 2020 The BBC today announced plans to double its global audience to reach 1bn people per week by the end of the decade. Director general Tony Hall today said the corporation aimed to build its global brand and expand its audience in a bid to pull in more revenue from outside the UK. “If we’re strong [...]
Litigation costs dent Goldman Sachs’s fourth-quarter profit January 15, 2020 Goldman Sachs suffered a fall in profit in the final quarter of the year as high litigation provisions and investment banking weakness dented the Wall Street giant’s bottom line. Net earnings fell 26 per cent year on year to $1.72bn. The fall in profit took earnings per share to $4.69 in the fourth quarter from [...]
Picardilly Circus: TfL renames Tube station to celebrate Star Trek launch January 15, 2020 When Star Trek fans talk about exploring strange new worlds, they probably don’t have Piccadilly Circus Tube station in mind. However, Trekkies can now enjoy a taste of the extraterrestrial thanks to a publicity stunt launched by Transport for London (TfL). Read more: Experts unsure about the effect of air pollution on the Tube For [...]
Chipmaker revenue slips amid global oversupply and smartphone slowdown January 14, 2020 Global semiconductor firms suffered a decline in revenue last year as a huge oversupply in the market and a slowdown in smartphone sales took their toll. Semiconductor revenue totalled $418.3bn (£322bn) in 2019, down almost 12 per cent on the previous year, according to figures from research firm Gartner. This was driven by a huge [...]
US markets hit fresh record high on trade deal optimism January 13, 2020 US stock markets hit fresh all-time highs today as investors optimistically await the signing of “phase one” of the US-China trade deal. Indices were also boosted by expectations of a pick-up in profits for US companies as fourth-quarter earnings season kicks off. Read more: Donald Trump: US to suspend planned tariffs after reaching China trade [...]
Alphabet nears $1 trillion valuation on ad growth optimism January 13, 2020 The valuation of Google parent company Alphabet is on the verge of hitting the prestigious $1 trillion (£770bn) mark after a string of positive analyst coverage pushed up its share price. Shares in Alphabet edged to within one per cent of the $1 trillion market capitalisation on Friday as the tech firm continues a bullish [...]
US stock markets hit record highs as Middle East tensions ease January 9, 2020 US stock markets hit record highs today as easing tensions in the Middle East soothed traders’ nerves after a week of drama. The Dow Jones and the S&P 500 both rose just over 0.5 per cent, to 28,900.74 and 3,270.63 respectively. Read more: European stocks hit record high as Iran tensions subside The Nasdaq was [...]
Apple’s iPhone sales surging in China, government data shows January 9, 2020 Sales of Apple’s iPhone in China jumped over 18 per cent year-on-year in December, according to government data. China is gearing up for the Lunar New Year in late January – a major holiday for gift-giving in the country. Read more: Apple rekindles relationship with Imagination Technologies with new deal Apple shipped roughly 3.2 million [...]
BBC commercial arm ‘has more to do’ as streaming competition heats up January 9, 2020 The BBC’s commercial division must up its game if it is to fend off fierce competition from deep-pocketed streaming rivals, according to the public spending watchdog. In 2018 the broadcaster created BBC Studios by bringing together its commercial production and distribution arms into one distinct body. Read more: BBC ‘may not be sustainable’ in current [...]