News: Money

Europe's Italian Problem Is Bigger Than Brexit

Tuesday  18:40,   22 may 2018
bloomberg

Italy isn't going to leave the European Union. That's what makes it so dangerous.The new government finally taking shape in Italy is one of the weirdest coalitions you could imagine — and a pretty effective combination if your aim was to[...]

Banned From Amazon: The Shoppers Who Make Too Many Returns

Tuesday  16:56,   22 may 2018
msn

Banned From Amazon: The Shoppers Who Make Too Many ReturnsThe e-commerce giant bans shoppers from the site for infractions such as returning too many items, sometimes without telling them what they did[...]

PM urged to fix the economy's 'fundamentals'

Tuesday  15:06,   22 may 2018
news.sky

Business leaders from across the UK have urged Theresa May to focus on pressing problems for the economy from potholes to house building - and not just Brexit talks. In a letter published by the British Chambers of Commerce (BCC), they acknowledge[...]

Email Is Dangerous

Tuesday  13:40,   22 may 2018
theatlantic

Email Is[...]

Sony to pay $1.7bn for control of EMI Music

Tuesday  12:26,   22 may 2018
news.sky

Sony is to take control of EMI Music Publishing - home to Pharrell Williams and The Beatles' back catalogue - as part of a new ambition to invest more in creative content. The electronics and entertainment company has been embarking on a drive[...]

Mobile banking to overtake desktop in 2019, experts say

Tuesday  11:57,   22 may 2018
pressassociation

By next year, 47% of current account holders will be likely to use mobile banking on a regular basis, data specialists CACI said.The growth of mobile banking on apps in the UK will see them eclipse desktop banking as the most popular digital banking [...]

Why Amazon pays employees $5,000 to quit

Tuesday  11:41,   22 may 2018
cnbc

The tech giant offers a strong incentive to those considering an exit.Once a year, the company offers to pay full-time associates at Amazon fulfillment centers up to $5,000 (£,3,727) to leave the company. Employees are eligible after one year of[...]

Racing syndicate gambles on £130m Tote stake

Tuesday  11:41,   22 may 2018
news.sky

A consortium of racing industry heavyweights has clinched a deal to buy a stake in the Tote, paving the way for a full takeover of one of the betting industry's best-known brands within five years. Sky News has learnt that Alizeti Capital[...]

Qatar funding charges against Barclays dismissed

Tuesday  09:00,   22 may 2018
news.sky

Three charges against Barclays over its emergency fundraising during the financial crisis have been dismissed. The Serious Fraud Office (SFO) had accused the bank of two offences of conspiring to commit fraud by false representations regarding[...]

Pound Slides to This Year's Low as Brexit to Italy Risks Weigh

Tuesday  08:45,   22 may 2018
bloomberg

The pound is running into another crucial week as it fumbles around this year’s lowest levels against the dollar for a footing. With the next round of Brexit talks, key U.K. economic reports and the still-unfolding Italian coalition drama set to[...]

FTSE 100 hits record as trade war fears ease

Tuesday  08:25,   22 may 2018
news.sky

The FTSE 100 has surged to a new record high as investors welcome the announcement President Trump's planned trade war with China is "on hold".London's leading share index pushed through the 7,800-point barrier early in Monday trading[...]

The Long and Difficult Road to a U.S.-U.K. Trade Deal

Monday  18:55,   21 may 2018
msn

Politicians on both sides of the Atlantic, including President Donald Trump, have spoken enthusiastically about a U.S.-U.K. free-trade deal. But a report suggests that such a deal wouldn’t be quick or easy. Any agreement of substance would be[...]

Government unlikely to intervene in Comcast’s £22bn bid for Sky

Monday  18:11,   21 may 2018
pressassociation

The Culture Secretary does not believe the deal would raise public interest concerns. “Having reviewed the relevant evidence available, I can confirm that I have today written to the parties to inform them that I am minded not to issue an EIN[...]

Struggling House of Fraser may close up to half of its department stores in last-ditch move to rescue its finances

Monday  16:40,   21 may 2018
dailymail.co.uk

The firm is drawing up proposals for a company voluntary arrangement - an insolvency process that could see it close up to 30 of its 59 stores and negotiate dramatic rent cuts on others. © Provided by Associated Newspapers Limited The[...]

OnePlus 6 review: A big step closer to the perfect smartphone

Monday  16:15,   21 may 2018
engadget

I still remember that day, more than four years ago, when OnePlus came out of nowhere with its promise "to spare no expense" to bring us "the perfect smartphone." While the OnePlus 5 and 5T might have looked a little[...]