UK tech firm IQE’s shares plunge after second revenue warning November 18, 2019 Shares in UK technology company IQE have plunged over 20 per cent after the firm issued its second revenue warning in five months. Read more: Shares in chipmaker IQE plummet as it warns Huawei ban will hit profits IQE, which makes parts for chips used in products made by Apple and various Asian manufacturers, said [...]
Dividend growth slows in third quarter as profit slowdown bites November 18, 2019 Dividend growth has slowed globally, according to figures published today by asset manager Janus Henderson. The trend began in the second quarter and continued into the third. Dividends have still continued to grow, but at a slower pace than previously. Payouts rose 2.8 per cent on a headline basis to reach a third-quarter record of [...]
London’s fintech boom helps drive record year for US investment November 18, 2019 US venture capital firms have pumped record amounts of money into London and UK companies this year as flourishing fintech firms continue to charm investors, new data has revealed. American investors have been involved in $4.4bn (£3.4bn) worth of deals into UK firms so far in 2019, with London businesses accounting for more than three-quarters [...]
AirPods Pro review: An incredible step up to the top table of mobile audio for Apple November 15, 2019 Apple’s regular AirPods leave me cold. They look daft, with their elongated stalks – often compared to toothbrush heads – and have such poor sound insulation that unless you’re listening to music in an hermetically sealed room, everything sounds distant and muddy. When Sony came along with its excellent WF-1000XM3 noise cancelling buds it was [...]
The first flat in Battersea Power Station is now complete – we take a look inside November 15, 2019 Plenty of property developers try to brand their latest apartment block as ‘iconic,’ which, nice as many of them are, is usually a bit of a stretch. The redevelopment of Battersea Power Station into 253 luxury flats and a new headquarters for Apple doesn’t have that problem, however. Other than a three-year hiatus from 2015 [...]
How can you stop your credit card being sexist? November 14, 2019 Can a credit card be sexist? It’s not a question most people would have thought about before this week, but on Monday, the US financial regulator announced an investigation into claims of gender discrimination by Apple Card. The algorithms Apple Card used to set credit limits are, it has been reported, inherently biased against women. [...]
Disney Plus secures more than 10m subscribers in first day November 13, 2019 Shares in Disney rose more than three per cent today after the media giant revealed its new streaming service has nabbed more than 10m subscribers in its first day. Read more: Netflix and Nickelodeon sign original content deal in wake of Disney Plus launch The highly-anticipated launch of Disney Plus was beset by technical problems [...]
Google to offer current accounts from next year November 13, 2019 Google will offer personal current accounts from some time next year in partnership with banks and credit unions, as the tech titan tries to take a bite out of the personal banking market. Citigroup and the Stanford Federal Credit Union will run the accounts for the project, which has been named Cache, the Wall Street [...]
Saudi Aramco to offer retail investors $10bn-worth of shares in blockbuster float November 10, 2019 Investors will start bidding for shares in Saudi Aramco next Sunday, as the starting gun fires in the race to own a part of the world’s most profitable company. In what could be the biggest ever stock market listing, Aramco said in its Initial Public Offering (IPO) prospectus over the weekend that it will offer [...]
Brexit may bring uncertainty, but a Corbyn-led government is a bigger threat November 7, 2019 Where the Brexit vote differs from other political shocks is that three years on, the uncertainty has yet to subside. We’ve learnt little since 2016 about what our long-term relationship with the EU will look like. The Prime Minister now has a deal, but that’s only the start. Unlike the focus group stunned into silence [...]