HP doubles down on share buybacks as it defends against Xerox February 24, 2020 HP said today it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against a $35bn (£27bn) takeover offer from US printer maker Xerox. The announcement came after Xerox raised its cash-and-stock bid for HP earlier this month by $2 to $24 per share, ahead of [...]
Fund managers snap up luxury brands on coronavirus dip February 23, 2020 Leading fund managers are buying millions of pounds of shares in luxury brands after significant falls triggered by the coronavirus outbreak. Fund manager Nick Train, along with bosses from Rathbone Brothers, Jupiter and BNY Mellon, are taking advantage of the dip according to the Sunday Times. Train, who manages the Lindsell Train UK Equity fund, [...]
FTSE 100 climbs back after Apple’s coronavirus blow February 19, 2020 The FTSE 100 staged a recovery from yesterday’s two-week low today as traders welcomed a smaller increase in the number of new coronavirus cases. The number of Covid-19 cases rose to 75,000 today but China reported a second consecutive low number of new infections at 1,749. The death toll also climbed to 2,004 but the [...]
Samsung Galaxy S20 Ultra impressions: A groundbreaking camera with a 100x zoom lens February 12, 2020 Cameras have long been the battleground on which top phones have proven themselves. Just look at how the advertising has evolved over the years: televisions and billboards are now plastered with video and photographs shot on Apple, Google and Samsung phones. The physical devices themselves? Almost an afterthought by comparison. Where manufacturers once fought to [...]
Coronavirus hits production at Nissan’s Japanese plants February 10, 2020 Nissan has announced that it will temporarily halt production at one of its factories in Japan due to the outbreak of the coronavirus. The decision will affect the Kyushu facility in southwest Japan and has been taken due to difficulties sourcing parts from China. This comes as the global automotive industry is facing a slowdown [...]
Ericsson pulls out of MWC 2020 over coronavirus fears February 7, 2020 Ericsson has decided to pull out of the Mobile World Congress (MWC) 2020 in Barcelona due to the risk posed by the coronavirus outbreak. It is a huge blow for the largest telecoms trade show of the year with one of the biggest exhibitors pulling out just two weeks before it was due to begin. [...]
Apple hits back at EU over ‘wasteful’ universal charger proposal January 23, 2020 Apple has today lashed out at an EU bid to make the tech firm ditch its Lightning charger, alleging the proposed rules would “create an unprecedented amount of waste”. Politicians in the European Parliament last week pushed forward calls for a universal charger for all mobile devices, amending a draft law to rule that all [...]
Amazon breaks $200bn mark as world’s most valuable brand January 22, 2020 Online retail titan Amazon has defended its position as the world’s most valuable brand for a third year in a row, with the firm becoming the first to break the $200bn (£153bn) mark. Jeff Bezos’ company is worth $220.8bn in total, over $60bn more than second-placed Google, which is worth $159.7bn, according to the annual [...]
Our way, not the Huawei — for the sake of national security January 22, 2020 Boris Johnson might have been forgiven for thinking that the biggest dilemma he inherited from Theresa May would be how to resolve Brexit. But a second straggler from the May era has reared its head to disrupt the post-election serenity. How the Prime Minister chooses to deal with it may have long-term effects as important [...]
Mobile shopping startup Rezolve shuns security fears with planned Huawei tie-up January 20, 2020 Mobile shopping firm Rezolve is set to bag a bumper deal with Huawei to embed its technology into the controversial Chinese tech giant’s phones. The new capability is expected to be available from March, when Rezolve will reveal further tie-ups with retailers, restaurants and media partners. The technology allows consumers to make purchases by using [...]