Business

Easyjet and Centrica lead FTSE 100 higher

Image copyright Getty Images Shares in Easyjet flew 5.3% higher after analysts at Credit Suisse raised its rating on the airline to “outperform” from “neutral”. Shares in British Gas owner Centrica rose 3% following a report that it could be a bid target. A report on the Wall Street Wires website said there was talk […]

Business

Fox host Charles Payne suspended amid harassment claim

Image copyright Facebook Image caption Making Money host Charles Payne says the allegation is “an ugly lie I vehemently deny to my core” A Fox Business Network presenter has been suspended amid reports of a sexual harassment allegation – the latest such claim to hit the cable giant. An analyst says the channel sidelined her […]

Business

US jobs growth faster than expected

Image copyright AFP US employment rose by more than expected last month, but wage growth remained subdued, latest figures show. The economy added 222,000 jobs in June, the US Department of Labor said, and job creation in April and May was higher than previously estimated. However, despite the job gains and a low 4.4% unemployment […]

Business

Samsung sees record quarterly profit on chip demand

Image copyright AFP Samsung Electronics has posted its biggest ever quarterly profit thanks to surging global demand for memory chips. The South Korean tech giant reported an operating profit of 14 trillion won ($12bn; £9.3bn) in the three months to June, up 72% on a year earlier. Sales climbed 18% to 60 trillion won, buoyed […]

Business

Countdown to D-Day

Image copyright Getty Images Image caption Many companies are in full “panic” mode, says KPMG’s Mark Thompson The European Union’s General Data Protection Regulation (GDPR) comes into force in May 2018, radically changing the way organisations have to look after our personal data. Failure to comply could lead to huge fines, yet many businesses are […]

Business

Six new things we know about Mike Ashley

Image copyright PA Image caption Mike Ashley arrives at the High Court to give evidence Mike Ashley took the witness stand at the High Court today to give evidence in a case brought by a former employee who is suing him for £15m. It was a chance to hear about the business practices of one […]

Business

Airlander: World's longest aircraft in test flight

The world’s longest aircraft has competed its latest test flight. Airlander 10, based at Cardington in Bedfordshire, took to the skies on Tuesday evening. It has been undertaking a series of test flights after nose-diving on a similar flight last August, leaving the £25m airship’s cockpit effectively destroyed. Source link

Business

London 'still Europe's top tech hub'

Image copyright Getty Images London remains Europe’s number one hub for technology investment despite Brexit, with record levels of capital flowing in, say officials in the city. In the first half of 2017, private equity investment in the capital’s tech sector totalled £4.5bn, said the Mayor of London’s agency, London & Partners. At the same […]