Morrisons pulled up on Match & More price-match advert claims against competitors Tesco, Sainsbury’s, Asda, Aldi and Lidl August 26, 2015 Morrisons has been told it must be clearer about its promise to match the prices of competitors, including Aldi and Lidl. The supermarket's Match & More scheme, which is the only one of the big four to match the prices of the German discounters, has been pulled up by the advertising watchdog for not clearly [...]
Angry Birds maker Rovio axes 260 jobs after failing to replicate smartphone game success August 26, 2015 Finnish games developer Rovio is cutting one in three jobs to try to keep the company afloat after failing to replicate its Angry Birds success. Rovio announced today it will axe 260 jobs out of a workforce of 670, having shed another 110 people at the end of last year. The company’s chief executive, Pekka Rantala, [...]
Extractive firms lead UK slump as Shanghai slides – London Report August 25, 2015 THE FTSE 100 slumped 4.7 per cent yesterday to its lowest level in almost three years, with all stocks but one in the red and miners leading the slide on growing fears of a China- led global economic slowdown. The blue-chip index was down 288.78 points at 5,898.87, the worst close since late 2012. The [...]
TalkSport owner UTV confirms discussions to sell TV stations August 25, 2015 TALKSPORT owner UTV MEDIA yesterday confirmed it is in talks to sell its TV stations, with ITV mooted as the likely buyer. The Northern Ireland-based group, which owns the UTV and UTV Ireland networks, said it was holding discussions over the “potential sale of its television assets”. UTV Media is one of only two independent [...]
Black Monday: Tech stocks nosedive with Netflix share price leading the plunge, and Apple, Twitter, Facebook, Google following August 24, 2015 Tech stocks are taking a severe beating as US markets join today’s global stock market rout, with Netflix down over 11 per cent. The US’s tech-heavy Nasdaq index opened over four per cent down, following huge falls in both Asia and Europe amid investors’ fears that China’s slowing economy would lead a global slowdown. Media [...]
Investec Comment: Five rules for businesses on social media August 23, 2015 Whether it’s Twitter, Facebook, LinkedIn or Pinterest, social media has become an essential channel for businesses of all sizes to reach customers, potential customers, and wider society. The past few years have seen an intensification of the social trend. The ability of a company to access consumers directly (and vice versa), to be in the [...]
Britons are more worried about immigration than ever before August 21, 2015 Britons are more worried about immigration than ever before, as the migrant crisis in Calais continues to worsen. Immigration and the state of the NHS are the two political issues that UK adults worry most about, according to new figures from Ipsos Mori released today. Half of those polled replied that immigration was one of [...]
Birthdays off, team lunches and free gym membership: Here’s how to be the perfect boss August 21, 2015 Thought being a good boss was about good communication and nurturing talent? Put away those management books, people. It turns out your team is far more fickle than that… That's according to research by gambling review site Mobileslots.com, which quizzed a group of office workers about the attributes of their dream boss – and discovered [...]
How do you use social media? One in three use WhatsApp, Snapchat and other mobile messaging apps August 21, 2015 One in three smartphone owners use messaging apps like WhatsApp, according to a new social media study released today. Among young people, this shoots up further to one in two. In Pew Research Center’s latest report, the institute has broken out messaging apps for the first time, asking about them as something separate from texting [...]
Indices tumble as concerns rise on slowdown – New York Report August 20, 2015 The S&P 500 hit a more than six-month low yesterday, closing in negative territory for the year, on concern a deceleration in the Chinese economy would translate into slower global growth. The Dow Jones industrial average fell 358.04 points, or 2.06 per cent, to 16,990.69, the S&P 500 lost 43.88 points, or 2.11 per cent, [...]