The UK risks “sleepwalking” into becoming a cashless society with millions of people disadvantaged as a result, a study has concluded. Banknotes and coins are a necessity for eight million people, according to the Access to Cash study. The report, authored by ex-financial ombudsman Natalie Ceeney, said a cash-free society would create problems for those …
Image caption The Finnish university has found a way to turn birch trees from its forests into material for clothes If you’re struggling for an original Christmas present – how about a wooden dress? At a recent state gala, Finland’s first lady wore a dress made from the country’s birch trees. But there was nothing …
Media playback is unsupported on your device Media captionHow the Softbank share sale could change your life The mobile unit of Japanese tech giant Softbank has had a disappointing debut on the Tokyo stock market. The firm aims to raise up to 2.6 trillion yen ($23bn; £18bn) by selling shares at 1,500 yen each in …
Image copyright Getty Images You might have seen their strategically self-regarding emails or watched their self-inflating egos in work meetings. But business school researchers have identified a type of employee who manages to look busy and successful, without actually doing anything useful. The productivity study examined 28 UK workplaces and found staff who appeared to …
Image copyright Getty Images British businesses have criticised politicians for focusing on in-fighting rather than preparing for Brexit, warning that there is not enough time to prepare for a no-deal scenario. With 100 days to go before the UK leaves the EU, the groups say firms have been “watching in horror” at the ongoing rows …
Japanese investment group Softbank hopes to use its $23.5bn share sale to invest in future-shaping technologies such as driverless cars and robotics. However, the firm has attracted controversy by keeping Saudi Arabia as an investment partner, despite condemnation of the murder of journalist Jamal Khashoggi. Source by [author_name]
Image copyright Atlantic Records Image caption Clean Bandit and Demi Lovato had the most-Shazamed song of 2018 In a world full of smart devices, self-driving cars and voice assistants, Shazam is the closest technology comes to actual magic. The software allows you to hold your phone up to a speaker and answer the age-old question, …
Image copyright EPA Image caption Ms Meng is chief financial officer of Huawei, the world’s second-biggest smartphone maker A popular tourist attraction has become the latest Chinese company to show solidarity with Huawei’s chief finance officer, Meng Wanzhou, who was arrested in Canada on 1 December. Shennong Mountain Scenic Park in eastern Henan province said …
Image copyright Mark Rober Image caption Mark Rober worked on the Mars Curiosity Rover at Nasa A former Nasa engineer spent six months building a glitter bomb trap to trick thieves after some parcels were stolen from his doorstep. The device, hidden in an Apple Homepod box, used four smartphones, a circuit board and 1lb …
Image copyright Getty Images US President Donald Trump has stepped up his pressure on the Federal Reserve by warning the central bank against making “yet another mistake”. The Fed is widely expected to announce an interest rate rise – its fourth in a year – on Wednesday. But with financial markets in turmoil and fears …