News: Money

Airline boss loses promotion after dragging scandal

Saturday  16:55,   22 april 2017
Sky News

United Airlines has U-turned on its plans to promote CEO Oscar Munoz as chairman following his response to a passenger being dragged bloodied and screaming from one of its flights.  The airline called police officers to drag 69-year-old Dr[...]

FX Focus: Pound slips against the dollar after dire retail sales figures

Saturday  16:55,   22 april 2017
International Business Times

Euro falls from three-week high as investors remain cautious ahead of Sunday's presidential elections in France.Shortly after the halfway mark of the session, sterling was 0.22 % lower against the dollar, trading at $1.2778 but remained broadly[...]

UK retail sales slide in March

Saturday  06:45,   22 april 2017
AFP

British retail sales slid far faster than expected in March, according to official data Friday that point to weaker growth as the country starts to negotiate its EU exit .Sales dropped by 1.8 percent in March from February, when they had risen by an [...]

Stocks fall as Wall Street braces for French election and tax cuts

Saturday  06:45,   22 april 2017
Press Association

US stocks fell on Friday as investors looked ahead to the French election and also took on board President Donald Trump's pledge to cut taxes.US stocks fell on Friday as investors looked ahead to the French election and also took on board[...]

Oil futures endure another volatile session as Brent heads for biggest weekly loss since March

Saturday  06:45,   22 april 2017
International Business Times

Quotes from key producers over possible output cuts fail to fire traders' imagination.Headline contracts endured topsy-turvy trading patterns overnight in US and Asian morning calls, before a modicum of stability returned during European trading [...]

Apple self-driving car testing plan gives clues to tech programme

Saturday  06:45,   22 april 2017
Reuters

By Alexandria[...]

Britain set for 'watershed' first coal-free day since Industrial Revolution

Friday  20:35,   21 april 2017
Press Association

Britain could see its first full day without generating any electricity from coal on Friday, National Grid has said. If the grid goes the whole of Friday without coal power, it would be the first continuous 24-hour coal-free period for Britain since [...]

Elon Musk on mission to link human brains with computers in four years: report

Friday  17:10,   21 april 2017
Reuters

The Tesla founder and chief executive said his latest company is working to link the human brain with a machine interface.Neuralink is aiming to bring to the market a product that helps with certain severe brain injuries due to stroke, cancer[...]

Card spending online jumps to £422m a day

Friday  12:15,   21 april 2017
Press Association

Internet spending has leapt by more than a quarter in the last two years, figures show. Card spending online reached £154 billion in the UK last year, averaging £422 million a day, the UK Cards Association said.The figure is an increase of 28% since [...]

Apple said it will stop using material from mines in its iPhones — but it can't do it yet (AAPL)

Friday  12:11,   21 april 2017
MSN

Apple has pledged to make iPhones out of entirely recycled materials in the future, although it's not quite there yet.Vice News reported on Wednesday that Apple has publicly announced that it wants to stop using materials sourced from[...]

Drinks giant Diageo to axe 105 jobs in Fife and Glasgow as Brexit concerns grow

Friday  12:10,   21 april 2017
MSN

Union bosses are blaming Brexit for the cuts with selected white spirits production moving to Italy and to plants in the United States. The GMB said it had warned the UK government's Scottish Secretary David Mundell earlier this year about the need[...]

'Doubts' holding back would-be entrepreneurs

Friday  12:06,   21 april 2017
Press Association

Aspiring entrepreneurs are reining in their ambitions of starting a new company, according to a survey which shows that the number of people confident in Britain's business environment has fallen to a record low.  The NatWest[...]

Why Google has to build its own adblocker

Friday  11:01,   21 april 2017
MSN

Google is reportedly working in its own ad-blocker for ChromeOn the surface, this doesn't make[...]

Retailer Marks & Spencer says plans to close 6 British stores

Friday  11:01,   21 april 2017
Reuters

British retailer Marks & Spencer (MKS.L) said on Thursday it planned to close six stores as part of a review of its UK estate that was first detailed last year. It said if the six stores were closed all 380 employees affected would be[...]

Emirates cuts US flights, blaming Trump administration curbs

Thursday  17:35,   20 april 2017
Associated Press

DUBAI, United Arab Emirates — Emirates, the Middle East's largest airline, slashed its flights to the United States by 20 percent Wednesday, blaming a drop in demand on tougher U.S. security measures and Trump administration attempts to ban[...]