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 …
Image caption The shipyard will close within the next five months A shipyard is to shut despite its owner being offered a £60m contract by the MoD. Staff at Appledore Shipyard in Devon have been told by owner Babcock that it will close by the end of March 2019. The company recently lost a contract …
Image copyright Reuters Homeowners are staying put during a time of economic uncertainty – leading to less demand for property and slowing house price growth, a survey has said. UK house prices rose at their slowest annual rate more than five years in October, increasing by 1.6%, according to the Nationwide Building Society. Prices were …
Image copyright Jack Alford Image caption The crisis comes in a climate during which several high street retailers have fallen into administration More than 200 UK shopping centres are in danger of falling into administration, experts are warning. Analyst Nelson Blackley said the demise of “major anchor stores” such as BHS and Toys R Us, …
Image copyright Shell Royal Dutch Shell’s profits surged by 37% in the third quarter of the year on the back of rising oil prices. The Anglo-Dutch giant said earnings excluding one-off items on a current cost of supply measure (CCS), which strips out price fluctuations, hit $5.6bn (£4.3bn) from $4.1bn last year. Rising oil and …
A robot attached to your body, designed to help with communication and teach new skills, has been created by Keio University and the University of Tokyo. The operator of the Fusion bot, who can be located in a different country, uses a virtual reality headset and controllers to move the bot. By sharing the wearer’s …
Image copyright Anthropologie/Tara Burke Image caption Anthropologie has apologised after artist Tara Burke highlighted on Instagram that her work (right) had been copied by the retailer US fashion and homewares giant Anthropologie has apologised after it copied an artist’s designs and mass-produced her work without permission. Tara Burke, a ceramicist based in Sydney, Australia, called …