Paperchase, the stationery chain with 127 stores employing 1, 500 employees. Paperchase said: “ The cumulative effects of lockdown one, lockdown two at the start of Christmas shopping period and now current restrictions have put an unbearable strain on retail business across the country.” The company went through an insolvency process, known as a Company…
Apple shares rose slightly on Thursday after JP Morgan said that then continue demand for iPhone 12 Pro was quite robust. Earlier this week, Apple shares touched an intraday record high over optimum regarding iPhone demand . Apple has advance about 82 per cent this year, putting on track for a second straight annual gain…
In 2013 Apple learned that its supplier Suyin Electronics, that made parts for Macbooks used underage labour according a former Apple staff. Apple failed to isolate the supplier for over three years. Suyin Electronics Dongguan Co Ltd in Mainland China certified by ISO 9002 quality management system, allegedly uses forced Muslim labour. There aren’t many…
Elon Musk sold three houses in the Bel-Air neighbourhood of Los Angeles for $40.9 million in December according to property records. The largest home a six-bedroom , seven bathroom mansion that sits on 1.5 acres of land sold for $29.72 million while the smallest house sold for $4.43m. Tech billionaire Elon Musk (49), is making…
A new era has begun for the United Kingdom as the UK stopped following EU rules at 23:00 GMT, as replacement arrangement for travel, trade, immigration and security came into force. Boris Johnson said the UK had “Freedom in our Hands” and the ability to do things “differently and better” . The first lorries…
Superdrug, Tesco, and Pizza Hut are among the 139 firms named and shamed by the government for not paying workers the minimum wage, investigated between 2016 and 2018. They failed to pay £6.7m to more than 95, 000 workers. The minimum wage ranges from £4.15 an hour for apprentices to £8.72 an hour for over-25s.…
UK house prices defied pandemic and climbed 7.5 per cent in 2020, the highest growth for six years according to the Nationwide Building society. Prices ended the year 5.3 per cent above the level prevailing March, as the housing price were 0.8 per cent higher in December and November with an average property valued at…
The UK approves its second vaccine against Covid-19. Matt Hancock said “the UK order of 100 million does is enough to vaccinate 50 million people and together with Pfizer-BioNTech jab will cover the entire population. This marked a significant moment in the fight against the virus and 2021 can be a year of hope and…
Zhang Zhan, a former lawyer and Chinese citizen journalist who covered Wuhan’s coronavirus outbreak has been jailed for four years. She was found guilty of “picking quarrels and provoking trouble”, a frequent charge against activists. The former 37-year-old lawyer was detained in May and has been on hunger strike for several months. Chinese authorities are…
Lin Qui chairman and CEO of games developer Yoozoo, famous for the Game of Thrones: Winter is Coming strategy game died of poisoning on Christmas Day according to Shanghai police. The Shanghai police statements said Mr. Lin’s colleague identified only by his surname Xu as the main suspect. Mr. Lin was believed to have a…