News: Money

The greatest threat to Brexit is now the Brexiters themselves

Tuesday  15:50,   18 september 2018

Devoted remainers should offer up a nightly prayer for the health of these diehardsIt is time for the nation’s beleaguered remainers to give sincere and heartfelt thanks to Boris Johnson, Jacob Rees-Mogg and the other Tory hardliners trying to...[...]

Coca-Cola Is Eyeing the Cannabis Market

Tuesday  13:25,   18 september 2018

The world’s largest beverage company may be the next industry giant to jump into the cannabis drinks business. Coca-Cola Co. says it’s monitoring the nascent industry and is interested in drinks infused with CBD -- the non-psychoactive ingredient in [...]

Santander in talks to buy City broker Peel Hunt

Tuesday  11:50,   18 september 2018

Banco Santander, the giant Spanish lender, is in talks to buy the City stockbroker‎ Peel Hunt in a move that could kick-start a fresh round of consolidation in the sector. Sky News has learnt that Santander, which is the fifth-largest bank on the...[...]

Path is closing its private social network for good

Tuesday  06:25,   18 september 2018

Path, the Facebook rival and sticker pioneer that gained a million users a week at its peak, is officially dead. Download the all-new Microsoft News app to receive up-to-the minute news from the world’s best sources – available now on iOS and...[...]

Time Magazine sold to tech billionaire Marc Benioff

Tuesday  06:05,   18 september 2018

Salesforce.com owner Marc Benioff and his wife, Lynne, are buying the magazine for $190 million from Meredith Corp. The sale comes months after Des Moines, Iowa-based Meredith, owner of Family Circle and Better Homes & Gardens, purchased Time...[...]

Hornby shares surge 27% on Warner Bros deal

Monday  19:11,   17 september 2018

The toy company said the new products would feature franchises including Harry Potter.The agreement will see Hornby release a range of model railway, slot car sets and die-cast vehicles featuring Warner Bros and DC franchises including Harry Potter...[...]

Amazon Reportedly Investigating Whether Some of Its Staff Are Taking Kickbacks From Merchants

Monday  18:24,   17 september 2018

Amazon is reportedly investigating whether independent merchants operating on their platform are greasing the palms of staff to divulge confidential information about the site, the Wall Street Journal reported on Sunday. According to the report,...[...]

Is IMF's Brexit verdict music to Hammond's ears?

Monday  17:25,   17 september 2018

As I left the press conference today where Christine Lagarde had just warned of the economic consequences of a "no deal" Brexit, a fellow journalist sidled up to me and muttered: "Hammond could hardly have scripted that better." Your browser does...[...]

Ditch your phone's built-in web browser for these seven alternatives

Monday  16:50,   17 september 2018

Protect your privacy, save data, navigate faster, and more. Protect your privacy, save data, navigate faster, and...[...]

Percentage of savings accounts paying above base rate falls to five-year low

Monday  16:26,   17 september 2018

Savers should shop around to maximise their interest as only 69% of deals pay over 0.75%, Moneyfacts.co.uk has said.Just over two-thirds (69%) of savings accounts pay a rate above 0.75%, Moneyfacts.co.uk...[...]

Galaxy Note 9 catches fire inside a woman’s purse

Monday  16:26,   17 september 2018

Since the infamous Galaxy Note 7 recall two years ago, a phone Samsung pretends it never existed, we didn’t have any battery incidents involving Samsung handsets. Samsung revised its quality assurance process for batteries after the recall,...[...]

Pound Optimism Returning as Analysts See Gains Against the Euro

Monday  15:30,   17 september 2018

Pound bulls have taken heart from the currency’s recent price action and are lining up to recommend investors should bet on sterling against the euro. The U.K. currency has gained about 2 percent after hitting its weakest level versus Europe’s...[...]

Deutsche Bank to move assets from London to Frankfurt after Brexit

Monday  14:50,   17 september 2018

Deutsche Bank (DBKGn.DE) said on Monday that it would move assets from London to Frankfurt after Britain's planned exit from the European Union next year, in line with British and EU regulators. "The terms on which banks will operate in the EU...[...]

Tesco planning to axe dozens of city centre stores

Monday  13:25,   17 september 2018

Thousands of jobs at risk as supermarket giant prepares to unveil new discount chain Jack’sUp to 30 poorly performing city centre Metro stores will be axed and a further 60 shops converted to Jack’s stores, putting thousands of jobs at risk, the...[...]

Shell targets lower methane emissions from oil and gas operations

Monday  13:05,   17 september 2018

Royal Dutch Shell (RDSa.AS) announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations. Shell aims to maintain methane emissions intensity below 0.2 percent by 2025, it said in a statement,...[...]