London is the world’s millionaire playground – but New York is about to knock it off the top spot March 6, 2015 London's about to be usurped by New York as a millionaire's playground, according to a new report by Knight Frank. Ultra-high net worth individuals – those with more than $30m (£20m) in assets – are being enticed to the Big Apple by a more attractive tax regime and a more stable economy. In 10 years' [...]
Mobile World Congress 2015: The eight best gadgets you need to know March 5, 2015 This week a record-breaking 92,000 people congregated in Barcelona for Mobile World Congress, where the likes of Samsung and LG announced an eclectic mix of smartphones, smartwatches and even smart sofas. Here are some of the best – and weirdest – gadgets we’ve seen. 1. SAMSUNG GALAXY S6 EDGE Since the S3, Samsung’s annual [...]
London’s West End and the nine other most expensive places to rent offices in the world March 5, 2015 London's West End has once again topped the list of the most expensive places in the world to rent offices, with an average price tag of more than €2,000 (£1,443) per square metre per year in 2014. That price shot up 4.6 per cent on 2013 prices and the capital managed to retain its position despite [...]
Upwardly mobile March 4, 2015 This week a record-breaking 92,000 people congregated in Barcelona for Mobile World Congress, where the likes of Samsung and LG announced an eclectic mix of smartphones, smartwatches and even smart sofas. Here are some of the best – and weirdest – gadgets we’ve seen. KODAK IM5 Rumours of the once-giant US camera maker’s demise remain [...]
Jay Z’s deal for Spotify rivals Wimp and Tidal just got rejected by Aspiro shareholders March 4, 2015 Shareholder backing just became one of Jay Z’s 99 problems. The million-dollar music mogul’s bid for Spotify rivals Wimp and Tidal has been scuppered by shareholders who rejected the deal. The minority shareholders who hold a 10 per cent stake in Aspiro, the parent company of the Swedish music-streaming services, have failed to back the [...]
In charts: Eurozone service sector showing “clear signs of recovery” with France’s growth the fastest in 42 months March 4, 2015 Amid the fear and doubt surrounding the future of the Eurozone, business growth in the economic bloc has reached a seven-month high. The figures With any reading above 50 indicating growth, the Markit purchasing managers’ index score was 53.7 for February, which, although lower than the 53.9 given in a flash estimate last month, is [...]
Eurozone service sector showing “clear signs of recovery” with France’s growth the fastest in 42 months March 4, 2015 Amid the fear and doubt surrounding the future of the Eurozone, business growth in the economic block has reached a seven-month high. The figures With any reading above 50 indicating growth, the Markit purchasing managers’ index score was 53.7 for February, which, although lower than the 53.9 given in a flash estimate last month, is [...]
Nasdaq closes above 5,000 for first time since dotcom bubble March 2, 2015 THE NASDAQ closed at 5,008 points last night– the highest level since the dotcom bubble. The index has been on a 10-day winning streak – the longest since 2009. Yesterday’s close was the first time the tech-heavy index, which now includes the likes of Apple, Facebook, Microsoft, Cisco, Intel and Yahoo, has gone above that [...]
Party like it’s 1999: Nasdaq breaks through 5,000 psychological barrier for first time since dotcom bubble in 2000 March 2, 2015 Time to party like it's 1999. The Nasdaq has closed at 5,008 points – the highest level since the dotcom bubble. The index has been on a 10-day winning streak – the longest since 2009. This is the first time the tech-heavy index, which now includes the likes of Apple, Facebook, Microsoft, Cisco, Intel and [...]
Samsung banks on S6 edging it to future profit March 1, 2015 in Barcelona SAMSUNG last night unveiled two flagship Galaxy S6 smartphones in Barcelona, marking the start of this year’s Mobile World Congress. The two devices, the S6 and its curved screen S6 Edge brother, are a crucial attempt by the South Korean conglomerate to restore growth to its smartphone division, which has seen margins and [...]