social media apps on mobile

Twitter shares tumble in wake of revenue reports

TWITTER shares nosedived after reports of lower-than-expected revenues and rising costs. Company earnings per-share are at their lowest point in seven months — 17 cents,...
Mixed bank notes, pound, euro, dollar

IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies

THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”. The...
Thomas Cook shop

Thomas Cook ceases trading, leaving tens of thousands of customers stranded abroad

AFTER almost 180 years in business holiday firm Thomas Cook has collapsed — leaving 150,000 Britons stranded abroad. The UK Civil Aviation Authority (CAA) said...
Man watching TV

Mega-merger of media giants brings stock moves and criticism

BROADCASTING giants CBS and Viacom are set to merge in a media deal that will see shared ownership of MTV, Comedy Central and Paramount...
DVDs and CDs

Plunge in disc sales seems to prove that future is virtual and streaming

THE NEWS that sales of DVDs, CDs and video games has plunged by almost a fifth should come as no surprise. After all, consumers...
Boeing 737 MAX

Max woes continue for Boeing, with production halt mooted

BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents. (Click here to see...
Unemployed Deutsche Bankers

Workers out on the streets as massive job cuts bite at giant Deutsche Bank

DEUTSCHE Bank is cutting thousands of jobs in London and New York, part of a radical plan to reduce its global workforce by 18,000. (Click...
Shanghai skyline at night

‘Ground-breaking’ link to free-up Sino-British stock exchange trade

THE BRITISH Treasury has announced a stock link to allow UK-listed firms to become the first foreign entities to list in mainland China. Chancellor Philip...

Bloodhound LSR saved by enterprising engineer

Brits are back in the bid for a land-speed record, and RICHARD THOMAS has a good sniff around. And despite the recent trend in...
Jet Airways Boeing 777

Debts too heavy for airline to retain its international flights

INDIAN AIRLINE Jet Airways is reported to have suspended its international flights. Click here to see stock prices for the companies mentioned in the article The...