Image copyright Getty Images Apple’s strategy of charging more for its phones has paid off, with revenues jumping in the last three months despite relatively flat sales. The firm sold 46.9 million iPhones in the quarter to end-September, compared with 46.7 million in the prior year. But higher prices lifted revenue 20% to $62.9bn, while …
Image copyright Getty Images Image caption Attorney General Jeff Sessions announced a new initiative aimed at countering China’s economic criminal activity The US justice department has indicted three individuals and two companies based in China and Taiwan for allegedly stealing a US company’s trade secrets. This is the fourth economic espionage case the department has …
Image copyright Imperial College London University classes are set to be given a futuristic spin by letting lecturers appear as hologram-like apparitions beamed in from afar. Imperial College London will show off the technology at a special event later on Thursday before deploying it more widely. It believes it will be the first academic body …
Image copyright Getty Images Image caption The death of Hwang Yumi prompted her father to lead a compensation campaign The death of a 23-year-old former Samsung worker has led to the company agreeing a major compensation deal. Hwang Yumi died en route to hospital in 2007 after developing leukaemia. Her father led a campaign to …
Image copyright Virgin Trains Virgin Trains says it has permanently removed all peak-hour restrictions to trains that travel on Friday afternoons from London Euston station. It said the decision was made to ease overcrowding on Friday evening off-peak trains to destinations such as Birmingham, Manchester and Liverpool. Passengers on off-peak trains are often forced to …
Image copyright PA Image caption Hashmukh Shah admitted purposely misleading officers from The Pensions Regulator An accountant who lied about employees having a workplace pension has been fined just under £4,000. Hashmukh Shah, 63, admitted to misleading The Pensions Regulator (TPR) about the status of staff at Gran Caffe Londra, opposite Harrods. In the first …
Image copyright Getty Images The UK government is preparing to launch a smartphone app to make it as easy as possible for EU citizens to apply to remain in the UK after Brexit – the only problem is it doesn’t fully work on Apple devices. And hopes that the problem would have been fixed by …
Image copyright EPA Image caption Raids on properties linked to Mr Najib uncovered luxury goods worth millions of dollars US authorities have brought criminal charges against two former Goldman Sachs bankers and Malaysian financier Jho Low. The Department of Justice charges stem from the long-running scandal at Malaysia’s state development fund, 1MDB. One Goldman banker …
Image copyright Ullstein Bild / Getty Images A German consumer association has filed a class action lawsuit against Volkswagen over the emissions scandal. VZBV, which represents 41 German consumer groups, accused the carmaker of “deliberately and unethically causing damage” to two million drivers. It is seeking a judgement on whether VW should be liable to …
The Bank of England has kept interest rates on hold amid growing uncertainty amongst businesses over Brexit. The Bank’s Monetary Policy Committee (MPC) voted 9-0 to leave rates unchanged at 0.75%. The financial markets are indicating that rates will not rise until after the UK leaves the EU next March. The Bank has detected rising …