Global stocks in a tailspin as Chinese factory slump drags on markets
Asia Pacific markets mimic heavy selling in US and Europe as latest data adds to expectations that Beijing will have to give its spluttering economy another boost Related: Eight reasons why China’s currency crisis matters to us all Stock markets across the Asia-Pacific continued to fall on Friday after more signs of a weakening Chinese […]
Big W boss resigns for health reasons as 'verbal behaviour' complaint revealed
Big W parent company Woolworths says Alistair McGeorge has resigned with immediate effect and that a complaint has been ‘investigated and finalised’ The shock resignation of Big W boss, Alistair McGeorge, is the latest in a string of senior executives to depart parent company Woolworths in recent months, many under controversial circumstances. Woolworths announced McGeorge’s […]
FTSE 100 falls into correction territory amid global economy fears
Britain’s blue-chip index hit a seven-month low of 6,359 points, more than 10% from its record closing high of 7,104 points in April Britain’s leading share index dived for an eighth consecutive day on Thursday, as tumbling oil prices and anxiety over a slowing economy in China sent the FTSE 100 officially into correction territory […]
Stock market correction: is this a new global financial crisis?
Shares and stocks are tumbling around the world, with investors worried that the next global crisis has begun in emerging markets and China. It’s a good question, and a brave bet Sell in May and go away, don’t come back until St Leger Day. So goes the old stock market adage and rarely has the […]
Kipper Williams on the drone warning from Lloyd's of London
The insurance market takes a shot at the growing drones market – warning that as the industry takes off, so will the risks Continue reading… Source: The Guardian Circular Economy RSS
Smithsonian launches business and innovation-focused exhibit
Take a trip through the history of American enterprise with a new, hands-on exhibit in Washington DC Visitors to Washington DC this summer have a new stop to add to their itineraries. American Enterprise, an exhibition at the Smithsonian’s National Museum of American History, features an 8,000 square-foot gallery housing more than 600 objects, images […]
Sour grapes as Tesco puts cork in online wine club
Connoisseurs disappointed by supermarket’s decision to close Tesco Wine Community website as part of new focus on mainstream business Tesco is pulling the plug on a popular online club for wine-loving customers as part of its drive to concentrate on its mainstream business. The supermarket launched the Tesco Wine Community in December 2011, luring high-profile […]
Greek PM to call snap elections next month – live updates
Greece will head back to the polling booths as Alexis Tsipras decides to resign to tackle dissent within his own party over the bailout Latest: Election likely on 20 September Tsipras keen to tackle rebellion in Syriza party Greece to get first female PM Athens stock market slides 3% Photos: Alexis Tsipras meets advisers 4.51pm […]
Classroom best place to help kids deal with explicit videos online
The school curriculum should help children critique and cope with what they see on the internet, says Hannah Broadbent from the charity Childnet Ongoing work to protect children from explicit content online took a step forward this weekas the music industry and online video providers agreed to include clear age ratings to flag up explicit […]
Fat Face presses ahead with first US store despite 7% drop in profits
Casual clothing chain bemoans ‘bruising’ autumn’s impact on sales of knitwear and coats but vows to increase investment to realise US ambitions Fashion chain Fat Face is to open its first US store in Portland, Maine, this November despite having suffered a “bruising” autumn last year that helped push profits down 7%. Underlying profits for […]