Sunday, 22 July 2018

Business

Amazon Shutters Lovefilm DVD Rental Service in UK

LONDON: Amazon’s Lovefilm by Post DVD rental service will close at the end of October in the UK, the tech giant has said. In a statement, Amazon said the rise of streaming services over renting DVD and Blu-Ray discs had contributed to its decision. The service, which was launched in ...

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Police warn of sex attacks as Uber risks losing license

LONDON: Bad driving, poor knowledge of the roads, a lack of care towards drivers and customers alike. Uber is used to dealing with criticism – sometimes from the press, sometimes enraged riders on Twitter, sometimes from the army of black cabbies with whom the company is waging war. It’s not ...

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Clarks criticised for ‘sexist’ children’s footwear range

First Minister Nicola Sturgeon has criticised a well-known footwear firm after a range of shoes sparked a sexism row. Clarks launched the range with Dolly Babe shoes for Girls and Leader shoes for boys. The SNP leader was among a host of well known figures to criticise the range which ...

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Britain’s FTSE hits 3-month low as miners wobble

LONDON: Britain’s top share index dropped to a three-month low on Friday amid rising geopolitical tensions, with financials, miners and energy firms the biggest weights among blue chips. The blue chip FTSE 100 index ended the session 1.1 percent lower at 7,309.96, its worst week since March. Drops among cyclical ...

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Elusive Brexit clarity meets sober economic reality

DUBLIN: Last time British Prime Minister Theresa May returned from a walking holiday, she called what turned out to be — for her — a disastrous election. Not this time, it is assumed. But financial markets and an eager public hoping she can provide some Brexit clarity will probably have ...

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Domino’s partners up with London franchise business

LONDON: Domino’s Pizza made a bid to gobble up more of the London takeaways market, agreeing a £24 million deal to partner its biggest franchise business in the capital. The FTSE 250 firm agreed the price with the franchisee for a 75% stake in a newly formed company, which will own ...

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EU Commission Says Infected Eggs Spread To 17 Nations

LONDON: The European Commission says that at least fifteen EU countries, as well as Hong Kong and Switzerland, have received eggs contaminated with the insecticide fipronil. Its announcement comes ahead of a planned meeting with ministers and other officials next month to discuss the crisis. The European Commission, the European ...

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Police arrest in suspected City boiler room fraud

LONDON Police has shut down a suspected boiler room scam, making one arrest. This is the second such incident this month, following three arrests made at the start of August to shut down an alleged boiler room scam that involved selling investments in wine. According to the police a man was arrested ...

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Google CEO cancels diversity town hall after staff questions leak

LONDON: Google CEO Sundar Pichai has cancelled an internal town hall meant to address gender discrimination on Thursday after employee questions for management began to leak online from the company’s internal messaging service. Pichai said in an email to staff that several Google employees became fearful for their safety and ...

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