Facebook scandal: European markets hit by Wall Street’s tech sell-off March 28, 2018 European markets are taking a hit today after US tech stocks had their worst day since February 2016 yesterday. Wall Street’s Faangs (Facebook, Apple, Amazon, Netflix and Alphabet’s Google) were battered yesterday over fears of a regulatory crackdown following Facebook’s data scandal. Shares in the social media giant have fallen about 15 per cent this [...]
Jeremy Corbyn tells Jewish leadership groups he is “militant opponent” of anti-Semitism, pledges that Labour will do more March 26, 2018 Jeremy Corbyn has written to the two Jewish organisations planning today’s protest to apologise for the rise of anti-Semitism within the Labour party in recent years. The leader who has been plagued with accusations of anti-Semitism since he took the reins from Ed Miliband, told the Jewish Leadership Council and the Board of Deputies of [...]
Interiors: Westfield London’s flagship John Lewis wants to usher the high street into the 21st century with ‘experiential’ shopping March 24, 2018 It’s been 10 years since Westfield shopping centre opened its doors to much fanfare in White City, and this week its £600m expansion opened a full six months early. Westfield London, as the west London outlet is called, is already the largest retail destination in Europe and it has more potential customers than ever as [...]
The changing face of world shares March 22, 2018 The US market represents more than one half of the total quoted wealth in world shares. It is, however, a very different pattern of wealth holdings from previous decades, reflecting the huge changes underway in business models and customer preference. Looking at just how much the index has changed is a good way of mirroring [...]
Rihanna roils markets as China bags a key element March 21, 2018 Garry White, chief investment commentator, looks at the market moving events that have shaped the UK equity markets this week (March 12 to March 16, 2018). This week, Barbadian singing sensation Rihanna managed to wipe $1bn off the valuation of tech group Snap, the Chinese secured a major cobalt deal to help it produce electric [...]
These are the UK’s most sought after companies to work for, as revealed by LinkedIn March 21, 2018 There has been a significant rise in the number of banks and finance firms in the top 20 most sought after companies to work for in the UK, according to a new ranking out today from LinkedIn. The list is compiled through looking at the actions taken by LinkedIn’s 25m UK members, considering data such [...]
Britain’s 5G auction starts tomorrow – and this is how it will work March 19, 2018 Mobile firms will today be putting the final touches to planned bids for tomorrow’s spectrum auction. Regulator Ofcom will tomorrow start the process of flogging packages, some of which will allow mobile providers to roll-out 5G plans in around a year’s time. Who is taking part? Despite a wide range of mobile providers in the [...]
New build homes on sale in London this weekend in Paddington, Clapham, Kentish Town, Vauxhall and Canada Water March 16, 2018 New developments on the market this week No 3 Canalside Walk, Paddington From £1.212m Live next to the Grand Union Canal in Paddington Basin, with a plethora of rooftop perks, including balconies, and a rooftop gym, lounge and observatory. Eleven acres of prime Zone One is being developed near the transport hub, including 52 two [...]
A job application filled out by former Apple boss Steve Jobs has just sold for $175,000 March 16, 2018 A job application filled out by former Apple chief executive Steve Jobs, who died in 2011, hs just been sold at auction for $174,757 (£125,728). The questionnaire, completed by then-18-year-old Jobs in 1973, was snapped up by an anonymous London internet entrepreneur. The man that would go on to revolutionise the tech industry with his [...]
Rihanna roils markets as China bags a key element March 16, 2018 Garry White, chief investment commentator, looks at the market moving events that have shaped the UK equity markets this week (March 12 to March 16, 2018). This week, Barbadian singing sensation Rihanna managed to wipe $1bn off the valuation of tech group Snap, the Chinese secured a major cobalt deal to help it produce electric [...]