These are six things women want from new Prime Minister Theresa May July 22, 2016 Theresa May's appointment as prime minister last week marked a crucial moment in history for women throughout the UK. Taking her rightful place as the second female PM, May will by default become a significant role model for women facing the struggle for gender parity. In light of her new role, women in business nationwide [...]
Bitcoin Ponzi scheme operator gets 18 months in prison July 22, 2016 An American was sentenced to 18 months in prison yesterday in the first federal securities fraud case involving a bitcoin Ponzi scheme. Trendon Shavers, a 33-year-old Texan, raised more than 764,000 bitcoins through his Bitcoin Savings and Trust investment fund from 2011 to 2012, which he operated from home. At the time, these were worth $4.5m (£3.4m). Read [...]
There is now a beer brewed by artificial intelligence… and it takes feedback via Facebook’s Messenger app July 22, 2016 Forget craft beer, this is what the real future of lager looks like… and it looks surprisingly open to constructive criticism. A London-based brewing startup, IntelligentX, has created a premium beer brewed by artificial intelligence (AI) using a "complex machine learning algorithms" to make four versions of its beer. But that's not the only innovation. [...]
Netflix killed the video star: Funai Electric in Japan will manufacture the last VCR this month July 22, 2016 It's been a long time coming, but it will still be sad saying goodbye to this old friend and home device. The last known manufacturer of VCRs, Japanese firm Funai Electric, will make its final video player this month. The company, which has been producing VHS-players for more than three decades, sold 750,000 units last year [...]
EDF bosses to make final decision on Hinkley Point plant next week July 22, 2016 Bosses at the French energy giant EDF will meet next week to make a final decision on the controversial Hinkley Point C nuclear power plant. EDF's board of directors will meet on 28 July, the company said in a statement last night, to discuss whether to go ahead with the £18bn Somerset-based project. The company's share [...]
These cigarette brands might go up in smoke in France if health minister broadens the terms of the EU’s Tobacco Products Directive July 21, 2016 Smoking might still a be a key component of what we associate with Parisian chic, but smokers in France could be left fuming if the French health minister has his way. Yesterday, French newspaper Le Figaro reported the minister, Marisol Touraine, is considering a proposal to ban several tobacco brand names under part of the [...]
This is how many of us would take a pay cut for our dream job July 21, 2016 The City might have a reputation for luring in workers with its high salaries and swanky lifestyles, but according to new research four in five of us would take a pay cut if it meant landing our dream job. In a survey of 2,000 workers, 81.9 per cent they'd be willing to lower their salary for their ideal [...]
Unilever exceeds expectations as sales boosted by haircare products and ice cream July 21, 2016 A surge in sales of ice cream and personal grooming products helped consumer goods giant Unilever beat off a challenging sales environment in its first-half results. The figures Unilever beat analyst expectations by posting underlying sales growth of 4.7 per cent, with volume up 2.2 per cent, in the first half of this year. A median estimate [...]
Domino’s Pizza serves up tasty set of better-than-expected results driven by international expansion July 21, 2016 Saturday-night-in stalwart Domino's Pizza has posted better-than-expected quarterly sales as it continued to boost its international presence. The figures Net income at the pizza delivery leader rose 7.3 per cent to $49.3m (£37.5m) in the second quarter to 19 June, up from $45.9m in the same period of last year. Total sales grew 12 per cent to $547.3m, [...]
Fuller’s brews mixed results as premium pub sales rises but beer demand falls July 21, 2016 London brewer and pub owner Fuller, Smith and Turner's premium pubs business grew in the second quarter in a "challenging" trading environment, but the company was hit by a drop in beer and cider demand. The figures Like-for-like sales in the company's managed pubs and hotels division rose 2.1 per cent in a trading update for the 16 [...]