UK businesses not among the top innovators October 6, 2013 BRITAIN’S leading businesses are notably absent from a list of the top 100 global innovative companies. Foreign companies Apple, Canon and Alcatel-Lucent all made the list, but pioneering UK businesses such as Arm Holdings, Rolls-Royce and BAE Systems are all missing from the Thomson Reuters Top 100 Global Innovators report. The list is described as, [...]
City’s finest banquet in honour of our heroes October 6, 2013 With just under two weeks to go to the City’s finest banquet, our illustrious chefs led by Albert and Michel Roux Jr are ready to reveal the banquet menu. We can also share some more of the auction lots that guests can bid on at this very special night hosted by Brian Turner CBE, president [...]
Innovation Diary: Why economic revival has its own challenges for UK entrepreneurs October 6, 2013 FOR BUSINESSES weathering a difficult economy, hoarding cash has been the order of the day. Research by Capita Asset Services found that FTSE 100-listed UK firms increased their cash holdings by 34 per cent in the five years since 2008. But as the economic pendulum swings, investors are grumbling. Apple, which according to Moody’s holds [...]
Citigroup fined $30m in US civil case over confidential research October 3, 2013 CITIGROUP will pay a $30m (£18.6m) fine after one of its analysts improperly sent confidential research on an Apple supplier to big clients including Steven A Cohen’s hedge fund SAC Capital Advisors, a securities regulator said yesterday. At $30m, the Massachusetts fine is both one of the biggest state securities regulators have ever collected and [...]
Skyscanner lifts off with £800m US valuation October 3, 2013 SKYSCANNER announced yesterday that it has received investment from US venture capital firm Sequoia Capital that values the flight search company at $800m (£459m). “Sequoia Capital’s investment in Skyscanner brings us a depth of experience drawn from a pantheon of tech brands. We intend to offer our users more of the great technology and functionality [...]
The new kids on the block October 2, 2013 The tablet market is no longer divided into “Apple” and “others”. With the release of Tesco’s budget Hudl and Microsoft’s revamped Surface 2, the market is hotting up in time for the Christmas splurge Microsoft Surface 2 From £359 Microsoft desperately wants to get a slice of the tablet market, surprising some observers by launching [...]
Potential delay on retina display for new iPad Mini October 2, 2013 A new version of Apple's iPad Mini with a high-resolution "retina" display will not be rolled out this month, reports Reuters. This puts the tablet at a disadvantage compared to rival products from Google's Nexus 7 and Amazon's Kindle Fire HDX. Sources said that Apple's supply chain is only now preparing to make retina diaplays [...]
Rosy results for Sainsbury’s with increased sales, stores and new mobile service October 2, 2013 Sainsbury's has reported strong sales which have delivered continued outperformance, with total sales for the second quarter up five per cent (4.6 per cent excluding fuel). (Release) Like-for-like sales for the same period were up 2.1 per cent (2.0 per cent excluding fuel), with total sales for the first half of 2013 coming in up [...]
Apple dethrones Coca-Cola as the world’s most valuable brand September 30, 2013 APPLE and Google have unseated Coca-Cola as the number one global brand, according to a report yesterday from consultancy Interbrand into the top 100 global brands. Computer giant Apple had a brand valuation of $98.3bn in 2013, moving the company from the second spot in 2012 to the top of the list this year. “Every [...]
Windows passes BlackBerry in European phone market share September 30, 2013 WINDOWS Phone has overtaken BlackBerry to become the third most popular smartphone platform across Europe’s five largest markets, including the UK, data from Kantar Worldpanel showed yesterday. In the UK Windows Phone captured 12 per cent of smartphone market share in the three months ending August 2013, up from 4.5 per cent in the same [...]