News: Money

UK retail sales fall in December as Brexit uncertainty hits consumer confidence

Sunday  05:45,   20 january 2019

UK retail sales fell in December, confirming the impression of weakening confidence among households ahead of Brexit. The Office for National Statistics reported that volumes contracted by 0.9 per cent in the month, slightly worse than City of... >>>

FTSE up on Sino-U.S. trade hopes; Ryanair warning hits airlines

Saturday  08:20,   19 january 2019

FTSE up on Sino-U.S. trade hopes; Ryanair warning hits... >>>

Ryanair issues profit warning as lower winter fares bite

Friday  23:30,   18 january 2019

Boss Michael O’Leary also warned that he cannot rule out further downgrades to profit guidance. He said: “There is short haul over-capacity in Europe this winter, but Ryanair continues to pursue our price passive/load factor active strategy to the... >>>

Amazon Ruined Online Shopping

Friday  18:16,   18 january 2019

America’s largest internet store is so big, and so bewildering, that buyers often have no idea what they’re going to... >>>

Netflix’s price hike was perfectly timed

Friday  17:15,   18 january 2019

Expectations for Netflix’s latest earnings were high after the company raised prices for its streaming subscriptions in the US earlier this week, in a... >>>

Oxford University suspends donations from Huawei amid concerns over Chinese firm's telecoms technology and chief executive's arrest

Friday  15:15,   18 january 2019

While existing research contracts already received or committed with Huawei worth £692,000 will go ahead, Oxford University will not pursue new funding opportunities with the company, it said. There are two ongoing projects in which Huawei has... >>>

Electric car maker Tesla to cut workforce by 7%

Friday  14:55,   18 january 2019

The company’s founder and CEO Elon Musk warned of a difficult road... >>>

Google Buys Fossil's Smartwatch Tech, Is Definitely Building a Pixel Watch

Friday  11:40,   18 january 2019

The search giant is looking to accelerate its smartwatch road map in an effort to catch up to the... >>>

Jamie Dimon received $31m in pay last year

Friday  11:40,   18 january 2019

JPMorgan Chase chief executive Jamie Dimon received a pay package worth $31m last year, a 5 per cent pay raise from 2017, according to a regulatory filing from the bank. The pay packet could ultimately be worth much more, depending on the... >>>

Netflix Investors Press Pause on Rally After Sales Come Up Short

Friday  10:55,   18 january 2019

Netflix Inc.’s “Bird Box,” “You” and other new programs helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors riding high on a 50 percent stock gain in recent weeks. Though... >>>

Householders make £15 million a year renting out driveways

Friday  10:15,   18 january 2019

Householders make £15 million a year renting out... >>>

Rihanna and LVMH Make a Deal and, Possibly, History

Friday  07:40,   18 january 2019

The pop culture phenomenon and the luxury group are teaming up, and it’s about a lot more than... >>>

ECB rate hike to be delayed as recession risks rise again - Reuters poll

Friday  05:05,   18 january 2019

ECB rate hike to be delayed as recession risks rise again - Reuters... >>>

Demand for credit card borrowing increased in run-up to Christmas

Friday  04:30,   18 january 2019

Interest-free periods on credit cards decreased significantly in the fourth quarter of 2018, a Bank of England survey of lenders... >>>

British spy network GCHQ runs all-female classes to recruit women hackers

Friday  03:30,   18 january 2019

The GCHQ intelligence service has set up all-women classes in a bid to diversify recruitment for online security experts. Almost 90 per cent of the cyber-skills workforce worldwide is male, according to GCHQ’s cyber-defence arm, the National Cyber... >>>