Wednesday, 31 January 2018

Samsung Electronics enters crypto-currency chips business

Samsung Electronics has revealed it is making chips designed specifically to harvest crypto-currency coins.

Net profits at Boeing surged in 2017, the firm says

Net profits at Boeing surged in 2017, climbing 67% to $8.2bn, the firm says.

Punish drivers who go 1mph over speed limit, police chief says

Drivers should be punished even if they only exceed the speed limit by 1mph, the policing chief for Britain's roads has reportedly said.

TalkTalk shares tanks

Capita isn't the only company whose shares have tanked today. Broadband provider TalkTalk is down more than 17% to 108p, largely it seems on the back of a cut in the target price to 90p by the broker Exane.

Marks and Spencer plans to close up to 14 stores

Marks and Spencer is planning to close 14 stores and cut hundreds of jobs.

Foreign Office sells its British embassy in Bangkok for £420m

The Foreign Office has sold its British embassy in Bangkok for £420m, the biggest property sale in its history.

I'm not a quitter, says prime minister Theresa May amid leadership questions

Theresa May has responded to questions about her future as prime minister, saying: "I'm not a quitter."

Nintendo Switch games console overtakes the Wii U

The Nintendo Switch games console has outsold its predecessor, just 10 months after its launch.

Government will not block Labour bid to release secret Brexit impact paper

Tory MPs will not be told to oppose a bid to publish a leaked Brexit impact paper.

Coca-Cola to close two of its UK sites with loss of almost 300 jobs

Coca-Cola is planning to close two of its UK sites which could result in the loss of almost 300 jobs.

Tuesday, 30 January 2018

RBS boss Ross McEwan admits restructuring 'mistake'

RBS boss Ross McEwan has admitted a statement he made claiming that bank's Global Restructuring Group helped most of its business customers was wrong.

Domino's expects bigger slice of annual profits as sales grow

Domino's Pizza has raised its annual profit forecast following a stronger rise in sales than it had expected during its fourth quarter.

Eurozone economy growth hit 10-year high in 2017, according to official figures

The eurozone's economy grew at its fastest pace for a decade in 2017, according to official figures.

Ryanair pilots win UK union recognition for the first time in airline's 32-year history

Ryanair has agreed to recognise a union to represent its 600 UK-based pilots for the first time.

Five men arrested after half tonne of cocaine worth more than £50m found on private jet at Farnborough Airport

Five men have been arrested after half a tonne of cocaine worth more than £50m was found at Farnborough Airport.

Banks and individuals charged in US over market 'spoofing'

US authorities have filed civil and criminal charges against three European banks and eight individuals for alleged manipulation in US futures and commodities markets.

Brexit paper 'leaked to undermine EU exit', Government minister claims

An assessment of the likely impact of various Brexit scenarios was leaked to undermine the exit talks, a Government minister has claimed.

Volkswagen takes responsibility for exhaust tests on humans and monkeys

Volkswagen has taken responsibility for diesel emissions tests on humans and monkeys amid mounting fury.

Carillion collapse sparks break up call for 'Big four'

The UK's biggest accountancy firms are facing renewed scrutiny in the wake of the collapse of Carillion.

BBC review finds 'no gender bias in on-air pay decisions'

There is "no gender bias" regarding pay decisions at the BBC, according to a new report into the corporation.

Monday, 29 January 2018

European Union agrees Brexit 'transition' negotiation guidelines

The European Union has set out its demands for the temporary transition period after the UK leaves in March 2019.

New easyJet boss cuts his own salary in equal pay gesture to show his "personal commitment" to equal pay

The new boss of easyJet has volunteered to have his salary cut to the same level of his female predecessor to show his "personal commitment" to equal pay.

Borussia Dortmund bus attack: Spanish defender Marc Bartra 'feared for his life'

A footballer has told how he feared for his life when his German team's bus was bombed last April in Dortmund.

Colombia's President Santos suspends peace talks with National Liberation Army

The Colombian government says it is suspending peace talks with the National Liberation Army (ELN), a left-wing rebel group.

North Korea cancels joint cultural performance with South Korea

North Korea has abruptly cancelled a cultural event scheduled to be held jointly with the South, Seoul has said.

TomTom ditches map updates for some sat-navs

A number of customers with TomTom sat-navs have been told that their devices will no longer receive map updates.

German government shock at car exhaust tests on humans and monkeys

The German government has denounced experiments funded by German carmakers in which humans and monkeys reportedly inhaled diesel exhaust fumes.

Waterstones owner balances books with Elliott sale talks

The hedge fund which took Game Digital onto the stock market four years ago is in talks about a takeover of Waterstones, Britain's best-known specialist bookseller.

11 soldiers killed and 16 wounded as militants attack army unit in Kabul, Afghanistan

At least 11 soldiers have died and 16 are wounded after insurgents attacked an army unit guarding a military academy in the Afghan capital Kabul.

Saturday, 27 January 2018

Coincheck: World's biggest ever digital currency 'theft'

One of Japan's largest digital currency exchanges says it has lost some $534m (£380m) worth of virtual assets in a hacking attack on its network.

Paris on high alert as swollen River Seine threatens to overflow its banks

Riverside homes and businesses in Paris are on high alert as the swollen River Seine threatens to overflow its banks.

Tesco to stop selling energy drinks to children under 16

Tesco has become the latest supermarket chain to ban the sale of energy drinks to children.

Saudi billionaire Alwaleed bin Talal freed after paying settlement, official says

One of the world's richest men, Prince Alwaleed bin Talal, has been released two months after being detained in Saudi Arabia's anti-corruption purge.

Taliban kill 95 and injured 158 with ambulance bomb in Afghan capital, officials say

A suicide bombing has killed at least 95 people and injured 158 others in the centre of Afghanistan's capital, Kabul, officials say.

Australian Open: Caroline Wozniacki beats Simona Halep to win first Grand Slam

Denmark's Caroline Wozniacki beat Romanian Simona Halep to win her first Grand Slam title and regain the number one ranking at the Australian Open.

Friday, 26 January 2018

Bombardier wins trade case in United States

Bombardier has won a trade case in the United States, overturning a decision to impose damaging tariffs on imports of its C-Series aircraft.

Deaths of Canadian billionaire couple Barry and Honey Sherman treated as murder, Toronto police say

The deaths of Canadian billionaire couple Barry and Honey Sherman are being treated as murder, Toronto police say.

Nutella 'riots' spread across French supermarkets

A discount on Nutella has led to violent scenes in a chain of French supermarkets, as shoppers jostled to grab a bargain on the sweet spread.

Some BBC's leading male presenters agree to pay cuts

Some of the BBC's leading male presenters have agreed to take a pay cut after revelations over equal pay.

Singapore police arrested 20 people after oil worth £6.4m was siphoned from Shell refinery

Singapore police have arrested 20 people after oil worth £6.4m was siphoned from a Shell refinery.

South Korea hospital fire kills at least 37and more than 70 injured in Miryang

At least 37 people have been killed and more than 70 injured in a fire at a hospital in South Korea.

Fashion retailer Asos posts 23% sales rise in 'challenging' UK market

Online fashion retailer Asos has emerged as a Christmas retail winner as UK sales grew by nearly a quarter despite a "challenging market".

UK economic growth exceeds forecasts, Office for National Statistics says

The UK economy expanded by a better-than-expected 0.5% in the last three months of 2017, official figures say.

Wednesday, 24 January 2018

Tech giant Qualcomm fined £872m by the EU over illegal Apple payments

Smartphone chip manufacturer Qualcomm has been fined £872m (€997m) for paying Apple to turn down offers from rivals.

UK government criticised for role in Bombardier dispute

The UK government told US authorities that it did not consider itself a "legally proper party" to the Bombardier trade dispute with Boeing.

Arsenal signs crypto-currency deal with gaming firm CashBet

Arsenal has become the first major football club to sign a deal to promote a crypto-currency.

Polish Prime Minister Mateusz Morawiecki says UK must pay for EU access

The Polish Prime Minister has said Britain will have to continue making financial contributions to the European Union if it wants to enjoy privileged access to the single market.