95299646 deutschebankgetty - Deutsche Bank commits to new London office
Business

Deutsche Bank commits to new London office

Image copyright Getty Images Deutsche Bank has committed to moving to a new office in London, at a time when banks are assessing their place in the capital ahead of Brexit. Germany’s biggest lender is in exclusive talks for a 25-year lease on a new building. Garth Ritchie, UK chief executive of Deutsche, told staff […]

95298090 ai - Robots to affect up to 30% of UK jobs, says PwC
Business

Robots to affect up to 30% of UK jobs, says PwC

Image copyright AFP Robotics and artificial intelligence could affect almost a third of UK jobs by the 2030s, according to a study. However, the report from accountancy firm PwC also predicted that the nature of some occupations would change rather than disappear. It added that automation could create more wealth and additional jobs elsewhere in […]

95298082 5fbwwxzu - Samsung Electronics chief says sorry for scandal
Business

Samsung Electronics chief says sorry for scandal

Image copyright Reuters Samsung Electronics has apologised to shareholders for its role in a corruption case that led to South Korea’s president being impeached. “I’m sorry for the scandal,” chief executive Kwon Oh-hyun said at the company’s annual meeting in Seoul. Samsung Group boss Jay Y. Lee is accused of bribing a friend of the […]

95296469 capture - Why Apple's red iPhones are not 'Red' in China
Business

Why Apple's red iPhones are not 'Red' in China

Image caption Apple’s special-edition red iPhone 7 and 7plus launch in over 40 countries, including China, on Friday Apple’s latest iPhone might be red, but it’s not Red in China. The special-edition version of the iPhone 7 and 7plus goes on sale in more than 40 countries, but China has done it slightly differently. The […]

95290374 lightvert1 - Ads in your eye
Business

Ads in your eye

Image copyright Lightvert Image caption Blink and you’ll miss it Passers-by on a London street were recently amazed to see a fleeting image of a pink tongue protruding from fruitily plump lips, seemingly suspended in mid-air. It was the famous logo for the Rolling Stones and was part of an experiment by tech start-up Lightvert. […]

95293419 038488127 2 - New broom
Business

New broom

Image copyright EPA Image caption Game faces on: The drivers are gearing up for the new season Much has changed in Formula 1 since Lewis Hamilton took the chequered flag at last year’s season finale in Abu Dhabi. The reigning world champion, Nico Rosberg, has walked off into the sunset. The cars have evolved, with […]

95252314 p04xkwq3 - 'We're looking for business deals outside Europe'
Business

'We're looking for business deals outside Europe'

With Theresa May expected to invoke Article 50 next week, kickstarting the process for the UK to leave the EU, BBC News asks if businesses are changing their strategies to cope with Brexit. Tom Turner, boss of V12 Footwear, says the company is looking for business opportunities outside Europe. Source link

95292927 p04xslpd - Kids and meditation - it's a business, of course
Business

Kids and meditation – it's a business, of course

Rising stress levels for children in Asia are being blamed for all sorts of issues – from headaches to anxiety attacks and, in some cases, suicide. From this, there’s been a rise in demand for classes that teach kids meditation and mindfulness, among other relaxation techniques. Proponents say it helps children better cope with the […]

86245962 lse2 getty - Next shares leads FTSE 100 higher
Business

Next shares leads FTSE 100 higher

Image copyright Getty Images London’s main share index gained ground on Thursday led by retailer Next, as investors reacted to its results. The FTSE 100 index ended the day 15.99 points or 0.22% ahead at 7,340.71. Next shares jumped by 8% despite the retailer reporting its first fall in annual profits for eight years, with […]

95291247 eisner rex - Portsmouth and ex-Disney CEO Michael Eisner to hold exclusive takeover talks
Business

Portsmouth and ex-Disney CEO Michael Eisner to hold exclusive takeover talks

Michael Eisner was chief executive of Walt Disney until 2005 Portsmouth are to enter into exclusive discussions with former Walt Disney chief executive Michael Eisner about a potential takeover of the club. Reports of Eisner, 75, and his Tornante Investment Group’s interest in the League Two club emerged on Monday. A 70-day negotiation and due […]

95291066 eddiestobartpa - Eddie Stobart: Lorry firm targets £550m stock market listing
Business

Eddie Stobart: Lorry firm targets £550m stock market listing

Image copyright Eddie Stobart Lorry firm Eddie Stobart is listing its shares in London next month, a move that should value the firm at £550m. The company’s green and red trucks – each of them bearing a different woman’s name – are a mainstay of British motorways. It is returning to the stock market three […]

95291588 lb9srlfm - RBS and NatWest to shed 158 branches and more than 400 jobs
Business

RBS and NatWest to shed 158 branches and more than 400 jobs

Image copyright Getty Images Hundreds of jobs will be lost following a decision to close almost 160 RBS and NatWest branches. RBS blamed a “dramatic shift” in banking, with branch transactions falling 43% since 2010. In the same period, online and mobile transactions have increased by more than 400%. About 770 staff will be affected […]