News: Money

LSE crisis deepens as board backs chairman

Sunday  18:24,   12 november 2017
Sky News

The boardroom crisis ‎engulfing the owner of the London Stock Exchange (LSE) threatened to deepen this weekend amid concerns that a string of directors will resign if an investor succeeds in ousting its chairman. Sky News has learnt that a number[...]

He says he shattered his hip buying a watermelon at Walmart. A jury awarded him $7.5 million.

Sunday  18:20,   12 november 2017
The Washington Post

Henry Walker reached to pick a melon from a display, and his foot became lodged in the pallet under the watermelon container. He turned, unaware that the pallet was there, and fell and shattered his hip, court documents state.He sued the retail[...]

Theresa May ready to increase £20bn Brexit divorce offer

Saturday  23:32,   11 november 2017
The Financial Times

Theresa May is ready to increase Britain’s offer to the EU over the Brexit divorce bill, after signs that the hard Eurosceptics in her party will tolerate paying more money to break the deadlock in negotiations. Mrs May has said that[...]

Disney’s version of Netflix is going to be cheaper—and have Star Wars

Saturday  23:31,   11 november 2017

Earlier this year, Disney said it would stop sending new movie releases to Netflix, its soon-to-be streaming rival, in 2019. Disney—as with its theme[...]

There's a coming storm set to 'batter' the UK economy — and it has nothing to do with Brexit

Saturday  23:26,   11 november 2017
Business Insider

Rising oil prices will drag on the British economy, creating a further headwind for the already weak UK. The recent $10 per barrel increase in Brent crude "will subtract 0.2% from nominal GDP, provided that net consumption remains at the 2016[...]

EasyJet names new chief executive as McCall bows out

Saturday  23:25,   11 november 2017
Press Association

Johan Lundgren, a travel sector veteran, joins from tour operator TUI, where he was group deputy chief executive. He will take up the top job at EasyJet on December 1, with Ms McCall stepping down from the board on November 30. © Press[...]

Investors to get £66m back after fund collapse

Saturday  23:24,   11 november 2017
Sky News

More than 1,200 investors in a collapsed income fund are set to get the value of their investments returned - a total of £66m. The announcement was made by the City watchdog as its long-running inquiry into the Capita Financial Managers' (CFM)[...]

Irish Border Throws Unexpected Hurdle Into Brexit Talks

Saturday  23:23,   11 november 2017

The future of the Irish border erupted unexpectedly into Brexit talks this week, as the European Union made new demands on Britain that risk distracting from efforts to reach a breakthrough by year-end. The EU circulated a document to diplomats that [...]

Is this Samsung's next high-end Android flip phone?

Saturday  23:22,   11 november 2017

Live images were spotted of what is said to be a high-end flipper.Samsung, which has an affinity for high end flip phones, may be working on a new Android-powered flip phone called the SM-W2018. And after seeing some hands-on pictures that could be[...]

The UK housing market is 'stuttering' — and London house prices are falling

Saturday  23:22,   11 november 2017

The UK housing market continued to "stutter" in October with demand from buyers and agreed sales declining further, a major survey shows. LONDON — The UK housing market continued to "stutter" in October with demand from buyers and [...]

Euro-Area Growth Forecast Lifted Again as U.K. Outlook Dims

Saturday  23:21,   11 november 2017

The euro-area economy will grow at the fastest pace in a decade this year, while the U.K. heads into an extended slowdown, the European Commission said, highlighting the increasing divergence between the continent and the British economy. Raising[...]

Ford tests exoskeleton to ease strain on factory workers

Saturday  23:21,   11 november 2017

Companies are starting to propose functioning exoskeletons for real applications, from soldier support to helping paraplegic patients walk. But they could also be customized to help everyday workers with their harder tasks, as Lowe's lift-easing[...]

British official urges social media companies to block militant content

Saturday  23:20,   11 november 2017

<p>Britain's top internal security official is pressing social media companies to devise automatic systems to spot and block violent militant messaging before it is posted on their networks.</p>Amber Rudd, home secretary in the[...]

From Brussels With Love: Authors Reckon MI6 Is Working on Brexit

Thursday  21:07,   09 november 2017

Britain is probably spying on other European Union countries as it negotiates its departure from the bloc, according to two academics who have written a history of the U.K. government’s use of intelligence agencies. It wouldn’t be anything new,[...]

Crackdown on Billionaires, Top Officials Shakes Saudi Arabia

Thursday  21:05,   09 november 2017

Even by the standards of Crown Prince Mohammed bin Salman, whose meteoric ascent has put him on the cusp of the Saudi throne at the age of 32, the Saturday night crackdown was stunning. In just a few hours, security forces arrested princes,[...]