European shares close lower A number of disappointing company results – from brewer Carlsberg, Austrian brickmaker Wienerberger and insurer Admiral – helped send stock markets into negative territory. Investors were also nervous ahead of the latest US Federal Reserve minutes, and what they might hint about the course of interest ... Read More »
Brexit means Brexit is the slogan of Theresa May’s new government, but more than a month after the seismic decision to leave the EU, no one knows what Brexit means. Only one thing is sure – unpicking Britain’s membership will be a monumental task requiring years of arduous and painstaking ... Read More »
Francis Tseng’s simulator game invites you to “grow your startup and please those investors until there’s nothing left to give” by building biotech, defense, machine learning, cloud computing, drone and space companies with a crew of employees whose low wages can be mitigated with bulletproof coffee and whose products can ... Read More »
Google has launched a new space for YouTubers at its UK headquarters in London’s King’s Cross. Space London, which opened on Tuesday, includes three soundproof studios, editing suites and a store for YouTubers to sell their merchandise. It also has a community area with a barista bar. The 20,000 square ... Read More »
Chip maker Intel and British semiconductor IP company ARM announced an agreement that could help boost the chip giant’s custom foundry business. The deal, revealed today at the the Intel Developer Forum in San Francisco, will allow Intel Custom Foundry to make ARM processors for third parties. Intel’s latest earnings announcement ... Read More »
Gawker Media has been sold — and with the sale comes questions of what happens next. Late Tuesday, Univision purchased the media company for $135 million following a bidding war with Ziff Davis. With the $140 million verdict from the Hulk Hogan trial hanging over the company, and with Gawker’s ... Read More »
As head of the Vote Leave campaign, one of the most enjoyable events I did during Britain’s EU referendum campaign was a lunch with Roland Rudd from the Stronger In side. Rather than debating the UK’s membership of the EU, we agreed to brief senior executives on why we thought ... Read More »
Turkish riot police have raided the offices of 51 businesses and detained dozens of executives the government accuses of aiding an exiled cleric blamed by PresidentRecep Tayyip Erdogan for a failed coup. The raids were part of a sweepinggovernment crackdown in which 17,800 people, including journalists, academics, military personnel and ... Read More »
Breitbart News CEO Steve Bannon and GOP strategist Kellyanne Conway are now running Republican presidential nominee Donald Trump’s campaign, according to various media reports. Bannon is the newly installed campaign CEO, while Conway, who first joined Trump’s team in July, has been promoted to campaign manager. The Wall Street Journal ... Read More »
Rose Marcario, CEO of outdoor clothing company Patagonia, believes providing employees with high quality on-site child care isn’t just is good for families – it’s good for the bottom line. “It’s true, there are financial costs to offering onsite child care, and they can be expensive if you offer high-quality ... Read More »
In honor of Russian Aerospace Force Day, the Russian Ministry of Defense has released its first official footage of the fifth-generation stealth aircraft, the PAK FA Sukhoi T-50. The government unveiled the montage of its prized stealth fighters launching from an aircraft carrier’s ski-jump ramp, along with several other aircraft, such ... Read More »
Accountants, lawyers and consultants whose multibillion pound industry provides advice on how to aggressively avoid tax could face large financial penalties under government proposals. Plans set out in a consultation document released on Wednesday will suggest that tax advisers whose schemes are defeated in the courts might pay a fine ... Read More »
