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News

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Centrica upsets investors with £700m sale of new shares

06 May, 2016 - Source: www.theguardian.com

British Gas owner’s attempt to boost financial position and fund acquisitions caused share price to fall 12% at one stage

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Halifax raises mortgage borrowing age limit to 80

06 May, 2016 - Source: www.theguardian.com

UK’s biggest mortgage lender’s move is part of trend for lenders to loan money to older people, some as old...

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Airbnb looks at expanding into leisure activities

06 May, 2016 - Source: www.bbc.co.uk

Accommodation-listing service Airbnb is looking at moving into other businesses, its co-founder has said.

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Sainsbury’s uses gas produced by its own food waste as energy to run stores

06 May, 2016 - Source: www.independent.co.uk

Sainsbury's said sending unsold food to landfill is not only wasteful but also “commercially unviable”

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Alibaba profits triple as mobile sales soar

06 May, 2016 - Source: www.bbc.co.uk

Profits almost tripled last year at the world's biggest e-commerce company, Alibaba.

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Upmarket tailor Austin Reed 'on radar' of Dragons' Den star

06 May, 2016 - Source: www.theguardian.com

Touker Suleyman, owner of Hawes & Curtis and panelist on BBC TV show, among potential suitors circling collapsed retailer

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Uber assembles advisory board of international power brokers

06 May, 2016 - Source: www.theguardian.com

Taxi app company Uber recruits board of influential people as it faces lawsuits, opposition, allegations of foul play and bans...

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News Corp reports $149m quarterly loss

06 May, 2016 - Source: www.bbc.co.uk

Media giant News Corp has reported a net loss of $149m (£102.6m) for the three months to March. That compares...

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Wi-fi on long haul flights? BA to spend £30m to let passengers watch Netflix in the air

06 May, 2016 - Source: www.telegraph.co.uk

Passengers could be able to Skype, FaceTime and watch Netflix movies from their aircraft seats from next year, following a...

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UK workers' job satisfaction at two-year low as employers fail to engage staff, CIPD finds

06 May, 2016 - Source: www.independent.co.uk

Many of the least satisfied employees were found to be in the private sector

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