Friday, 28 July 2017

Business

YouTube launches $35 a month YouTube TV service

YouTube-TV

PHILADELPHIA: YouTube is launching a streaming TV service Wednesday. It’s one of many – Sling, PlayStation Vue and local cable companies among them. But Google-owned YouTube TV offers several features the others don’t. They include a cloud-based DVR with no storage limits, allowing users to record as many shows as ...

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Theresa May arrives in Saudi Arabia for trade talks

THERESA MAY

RIYADH: British Prime Minister Theresa May visiting Saudi Arabia looking to secure post-Brexit investment from the UK’s biggest trading partner in the Arab world. May arrived in the Saudi capital Riyadh on Tuesday with economic issues a “priority” on her trip. Last month, May triggered Article 50 of the Lisbon ...

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Amazon launches ‘social influencer’ program

AMAZON

PARIS: Attention social media stars, Amazon has a new role for you to shine and make some big bucks. The e-commerce giant has quietly launched a “social influencer” program in hopes of recruiting stars from YouTube, Instagram, and Facebook to endorse products on its site.  One of the key things ...

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Chancellor Hammond leading UK trade mission to India

IND

LONDON: Chancellor Philip Hammond will lead a business delegation to India next week to drum up trade as the UK begins the process of leaving the EU. He will be joined by international trade minister Mark Garnier and Bank of England governor Mark Carney for the talks in New Delhi ...

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FCA to launch first competition case

FCA

LONDON: The FCA is preparing to go public with an investigation that uses new competition powers for the first time. The investigation has been kept quiet for a year but is close to being made public, and will be seen as a test case for the regulator’s competition powers. The ...

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Google reveals £36 m UK tax bill

google-

LONDON: The US search engine giant recorded sales of £1.03bn and a pre-tax profit of £149m in the UK for the 12 months to the end of June 2016. Like other major tech firms, Google has come under pressure over its tax arrangements. Labour said the firm was still not ...

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UK-German stock exchange deal blocked by EU

London stock market

LONDON: EU regulators have blocked London Stock Exchange’s £21bn merger with German stock exchange Deutsche Boerse. The European Commission said the deal would have created a “de facto monopoly” for certain financial services. The merger would have combined Europe’s two largest stock exchange operators. London Stock Exchange Group said it ...

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Rivals Paris and London announce joint business plan

PARIS LONDON

PARIS: Paris and London, traditional rivals when it comes to attracting tourists and industry, have signed a business agreement to cooperate in attracting visitors and companies. The two cities, which are linked by rail, have seen their rivalry intensify recently as Paris hopes to welcome finance jobs that are expected to ...

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Sweden hotel offers refund, only if you divorce

Sweden hotel offers refund

STOCKHOLM: A Swedish hotel chain said Sunday it is offering guests a refund – but with strings attached: you only qualify if you get divorced in the year following your stay. The Countryside luxury hotel group said its “radical” idea was designed to make “more people understand the degree to ...

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Robots could replace up to 30 per cent of UK jobs by 2030

robot 1

LONDON: As many as a third of all jobs in the UK are at risk of being lost to machines within the next 15 years, fresh research reveals. However, it’s likely that technologies related to artificial intelligence will create new jobs, according to the research, and automation will boost productivity ...

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