France vows to hit back at US tariffs as luxury stocks fall December 3, 2019 The European Union will hit back at “unacceptable” US tariff threats against French products, finance minister Bruno Le Maire has warned. Shares in luxury French retailers took a hit this morning after the US issued new tariff threats in retaliation against the country’s new tech tax. Read more: US to slap France with tariffs over [...]
US to slap France with tariffs over ‘burdensome’ digital tax December 2, 2019 The US has vowed to slap tariffs of up to 100 per cent on $2.4bn (£1.6bn) of French goods, in retaliation over findings that a new digital services tax in the country would harm US tech companies. US trade representative (USTR) Robert Lighthizer said its investigation found that the French proposal was “inconsistent with prevailing [...]
Amazon steps into Premier League broadcasting for the first time with big ambitions December 2, 2019 December is an important month for the future of the Premier League. On the pitch, the focus will be on whether Liverpool can sustain their charge at the top of the table, if Jose Mourinho can turn around Tottenham’s fortunes in the long term and which sides are sliding towards relegation. But off it eyes [...]
UN climate change summit opens in Madrid amid last chance warnings December 2, 2019 The UN Climate Change conference is underway in Madrid, as governments come together to take the next steps in the climate change process. Against a backdrop of a year of especially severe weather, the two weeks of talks offer delegates the chance to resolve outstanding issues from the Paris accord, such as rules for carbon [...]
TfL is finally giving the Tube an Apple Pay upgrade December 2, 2019 Apple Pay users will be able to move through Tube stations faster, after the app upgraded its payment system with Transport for London (TfL). Apple Pay’s Express Transit allows people to tap through Tube stations without first having to use authentication measures. Read more: TfL deficit shrinks thanks to Ulez and increased Tube numbers Formerly, [...]
Facebook launches new photo transfer tool to allow users to migrate between services more easily December 2, 2019 Facebook is set to launch a tool today that will finally enable its users to download all of their images from the platform at once. It is the latest step from the social media firm to ensure people can download and transfer all the data stored on Facebook. Read more: Google’s £2bn merger with Looker [...]
Better together: How media firms are teaming up to take on tech November 30, 2019 The media industry is in flux and embattled publishers and broadcasters are banding together. But will it be enough to fend off the might of big tech? In Succession, the hit HBO show about a crumbling media dynasty, virtually every conversation is a power struggle. But for ageing patriarch Logan Roy, a thinly-veiled Rupert Murdoch, [...]
Mother Nature means business: Why leaders need ‘feminine’ qualities November 29, 2019 The business world has come a long way in celebrating and enabling gender equality. But while there might be more women entering the boardroom, we’re still a long way from achieving truly equal representation in the workplace — especially at a senior level. The problem is that while we’re more comfortable with having women take [...]
RBS launches digital bank Bo in bid to rival fintechs November 27, 2019 Royal Bank of Scotland (RBS) has officially launched its digital bank as it looks to rival a group of fast-growing fintechs and hoover up more online customers. The state-backed lender has created Bó, its new digital, cloud-based bank featuring a bright yellow Visa card and a mobile app. Read more: LSE hires fintech to widen [...]
UK households to splash out an extra £600m on streaming November 27, 2019 British households are willing to pay an additional £600m each year to stream their favourite films and TV shows following the arrival of a spate of new services, new research has revealed. While Netflix, Amazon Prime and Now TV have so far held dominant positions in the UK, they will soon be competing with the [...]