Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Turkish lira falls as Erdogan calls for lower interest rates ahead of central bank decision September 13, 2018 The Turkish lira slumped this morning after President Recep Tayyip Erdogan called for lower interest rates ahead of a crunch central bank decision. The troubled currency dropped to 6.54 per dollar from a high of 6.35 as Erdogan made his position clear just hours before the Turkish central bank's monetary policy committee meeting. Read more: [...]
Turkish lira falls as Erdogan calls for lower interest rates ahead of central bank decision September 13, 2018 The Turkish lira slumped this morning after President Recep Tayyip Erdogan called for lower interest rates ahead of a crunch central bank decision. The troubled currency dropped to 6.54 per dollar from a high of 6.35 as Erdogan made his position clear just hours before the Turkish central bank's monetary policy committee meeting. Read more: [...]
Bears take bite out of Snap stock September 12, 2018 Tech giant Snap saw its shares dive to another record low tonight after a damning note from an influential analyst described the company’s performance as “embarrassing”. The owner of the Snapchat messaging app was blasted by BTIG analyst Richard Greenfield, who urged investors to sell their shares in the firm. Snap’s shares closed at $9.89 [...]
Bears take bite out of Snap stock September 12, 2018 Tech giant Snap saw its shares dive to another record low tonight after a damning note from an influential analyst described the company’s performance as “embarrassing”. The owner of the Snapchat messaging app was blasted by BTIG analyst Richard Greenfield, who urged investors to sell their shares in the firm. Snap’s shares closed at $9.89 [...]
Apple unveils three new iPhones at hotly anticipated launch event September 12, 2018 Apple unveiled new versions of its iPhone X and a redesign of its Apple Watch at its hotly anticipated event in California tonight. The phones, the iPhone XS, XS Max and XR, are based on last year’s iPhone X, which has been a massive money-spinner for the company. Read more: Apple Turnover? Apple chief executive Tim [...]
Apple unveils three new iPhones at hotly anticipated launch event September 12, 2018 Apple unveiled new versions of its iPhone X and a redesign of its Apple Watch at its hotly anticipated event in California tonight. The phones, the iPhone XS, XS Max and XR, are based on last year’s iPhone X, which has been a massive money-spinner for the company. Read more: Apple Turnover? Apple chief executive Tim [...]
The drinks master: Marcis Dzelanis on why you need to reconsider the virtues of cognac September 12, 2018 When you ask people about Cognac it often conjures up images of gentleman’s clubs, mahogany furniture, leather bound books and postprandial cigars. But Cognac is starting to shake off its stuffy image, with a new breed of producers embracing a dynamic approach to how the spirit is produced. They are challenging the conventional wisdoms, such [...]
European Parliament votes for controversial copyright rules September 12, 2018 The European Parliament today voted in favour of sweeping copyright reforms that could dramatically change the fortunes of both artists and businesses. The rules, which will force tech giants to pay for the work of artists and journalists that they use, passed by 438 votes to 226, with 39 abstentions. MEPs voted for amendments to [...]
More of the same from Apple? September 11, 2018 Earlier this year Apple made history in becoming the first US company to achieve a $1trn valuation, a level it maintained when it crossed above $207 a share last month. Since then the share price moved up to as high as $229.67 earlier this month, before embarking on a four-day slide prompted by some profit-taking, [...]