Thursday, 19 April 2018


London Stock Exchange chairman gains backing of investor group


LONDON: The London Stock Exchange chairman Donald Brydon, under intense fire from an activist investor calling for his removal, has received the backing of an influential shareholder advisory group ahead of a crunch vote on his future. Institutional Shareholder Services (ISS) has recommended that investors oppose a motion, tabled by the ...

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What Really is a “Blockchain”?


LONDON: Much has been said about the revolutionary potential of the blockchain technology. Besides its current use as the backbone to verify and record digital transactions of Bitcoin, the blockchain technology has also been touted as the technology that can replace expensive accounting and payment networks in the financial industry, ...

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OnePlus 5T Charges Faster Than iPhone X, LG V30, Google Pixel 2

OnePlus 5T

LONDON: While smartphone vendors like Apple, LG, and Samsung lately ventured in the growing space of fast charging, it has been found through a new study that the Dash Charge technology on the OnePlus 5T outpaces the competition by offering fastest charging time. OnePlus first deployed its native fast charging ...

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Apple Agrees to Deal With Ireland Over $15 Billion Unpaid Tax


BRUSSELS: Ireland will begin collecting €13 billion ($15.46 billion) in back taxes from Apple Inc. as soon as early next year after both sides agreed to the terms of an escrow fund for the money, Ireland’s finance chief said Monday. The European Union in 2016 ordered Dublin to retrieve the ...

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Scottish lawmakers to pressure RBS to stop branch closures


EDINBURGH: Scottish lawmakers will debate a motion calling for Royal Bank of Scotland (RBS.L) to halt planned cuts to its branch network, which opponents say will damage the remote communities they are meant to serve. The Edinburgh-based bank, which has been owned by the British government since being rescued during ...

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Facebook opens new London HQ, create 800 new jobs


LONDON: Facebook has this morning cut the red ribbon of its new London office, home to the tech giant’s biggest engineering hub outside the US. Located in Rathbone Place, Facebook has said its new building will be home to 800 new jobs – meaning the total number of staff working ...

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difference between sell-by and best before dates


LONDON: If you find yourself throwing away a bin bag full of food that’s past it’s best, it’s time for you to reconsider. As Dan Cluderay and Andy Needham , the founders of Approved Food, a website that sells products which are past their best before date, explain: “Every year ...

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Winklevoss twins become world’s first bitcoin billionaires

How low will they go?

SINGAPORE: Tyler and Cameron Winklevoss – the Harvard University rowing twins who famously sued Mark Zuckerberg claiming he stole their idea for Facebook – have just become the world’s first bitcoin billionaires, say media reports. The 36-year-old brothers lost their case against Zuckerberg but received a settlement of US$65 million ...

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All lines in and out of London Euston reopen

London Euston

LONDON: Railway services between Scotland and London Euston are returning to normal, after major disruption throughout the day. Services were cancelled this morning, because of damage to overhead wires near Euston. They included the West Coast Mainline between Euston and Glasgow and Edinburgh, which stops at stations in Cumbria and ...

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The worlds most expensive handbag sells for GBP 283,000

rare Hermès Birkin HANDbag

HONG KONG: A rare Hermès Birkin bag sold at auction at Christie’s in Hong Kong for a whopping $382,000 USD – (GBP 283,000),  setting a record for the priciest handbag ever sold at an auction. A similar style was scooped up at Christie’s for around $377,000 in 2016. The coveted ...

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