Sir James Dyson (69), a British inventor, industrial designer and founder of the Dyson company has called for foreign engineering and science students to be guaranteed visas after completing university courses to address the UK’s acute skills shortage. He is best known as the inventor of the dual cyclone bagless vacuum cleaner which works on the…
In The Daily Telegraph Lord Livingston wrote UK’s fall from the fifth biggest economy in the world to the sixth place is unacceptable in the long term. UK is now behind US, China, Japan, Germany and France in US Dollar terms. UK annual GDP of about £1.8 trillion is worth few dollars dropping down on…
An American Airlines Boeing 767 bound for Miami caught fire at 14:35 local time (19:35GMT) on the runway of Chicago O’Hare airport while taking off and pilot has to abort the take-off and evacuated everyone on board as emergency chutes were deployed as black smoke billowed from the plane, injuring twenty people. Nine crew members…
Alibaba Group’s Fintech arm ANT Financial, who operates China’s largest online payment platform Alipay, is the world’s most successful, exciting and high impact” fintech companies, Fintech 100, 2016, complied by UK-based KPMG and Australian Investment company H2 Ventures. China had claimed five of the top 10 spots following by 3 from USA, in its annual list of…
US Telecom giant and third largest cable provider, AT&T announced that it will buy Time Warner, the entertainment group for £70bn ($86bn), in one of the biggest deal this year. It would combine AT&T’s distribution network with content from the Warner Brothers film studios and cable TV channels HBO and CNN. A Senate subcommittee responsible…
Mat Jones left his IPhone 7 under a bunch of clothes in his car while he went to takea surfing lesson. When he returned, he found his car filled with smoke, according to 7 News reports AU. The heated phone ignited and smoke the interior. The case is similar to what happened to Note 7…
Although the e-commerce giant EBay’s revenue rose 5.6 per cent to $2.22bn in the third quarter, their shares fell by 8.9 per cent in extended trading. EBay’s projected revenue of £1.93bn ($2.36bn) to $2.41bn may miss analysts estimates. EBay is rejiggign itself into an online marketplace to compete with the like of Jeff Bezeo’s Amazon.…
Saudi Arabia sold its debut soverign bond issue and raised £ 14.35bn ($17.5bn) and set a new emerging market record eclipsing Argentina’s £13.53bn ($16.5bn) bond sale earlier this year to become the largest debt issue by an emerging economy. Saudi Arabia’s venture into International markets is part of broader plan to divert its economy away…
Sterling which had fallen 6 per cent since Tory conference, bounced back after it had its best day since fears of a “hard Brexit” grippe the currency market couple of weeks ago, after James Eadie, a government lawyers said “Parliament would have the final say on whether to accept Britain’s exit deal with the EU”.…
Snapchat to lead mega unicorns for a flotation on the stock market with $25bn IPO. Morgan Stanley and Goldman Sachs to lead its initial public offering. Five-year-old app, Snapchat now used by more than 40% of young Americans, will be the largest social media IPO since Twitter in 2013. Snapchat CE0 Evan Spiegal (26), founder created at…