Image copyright Sony Sony has forecast a huge jump in annual operating profit as demand for its games, including God of War and Spider-Man, boosted earnings. The Japanese electronics firm raised its annual profit forecast to 870bn yen ($7.7bn; £6.0bn), up 30% from estimates given in July. The upgrade comes after strong sales in its …
Image copyright BP Image caption BP’s new Azerbaijan Shah Deniz Bravo oil platform Profits at oil giant BP more than doubled in the third quarter, boosted by stronger oil prices and higher production from new oil fields. Profits rose to $3.8bn (£3bn) from $1.86bn a year earlier, its best quarterly result for five years. Revenue …
Image copyright Getty Images The Restaurant Group, the owners of the Frankie & Benny and Garfunkel’s restaurant chains, has struck a deal to buy Asian-themed chain Wagamama. The deal values the business, which opened its first restaurant in central London in 1992, at £559m. The Restaurant Group said Wagamama had “consistently and significantly outperformed its …
Media playback is unsupported on your device Media captionBudget headlines in two minutes MPs will debate the Budget later with Labour dismissing the government’s claim to be ending austerity. Shadow chancellor John McDonnell said welfare cuts were continuing and public services could face a further squeeze. But Chief Secretary to the Treasury Liz Truss told …
Image copyright Getty Images The US has restricted American firms from selling parts to a Chinese company over national security concerns. The US Commerce Department said there was a “significant risk” that Fujian Jinhua could get involved in activities that may hurt US national security. The move is the latest escalation in the Trump administration’s …
Media playback is unsupported on your device Media captionPhilip Hammond: “This is virtually the only announcement in this Budget that hasn’t leaked.” Owners will no longer pay business rates on public toilets, the chancellor has said. Philip Hammond revealed the policy in his Budget speech, joking it was virtually the only announcement that had not …
Image copyright PA More help for first-time buyers and plans to create more homes on the High Street have been announced in the Budget. Most first-time buyers of shared ownership properties will now no longer pay stamp duty, under the measures unveiled. Chancellor Philip Hammond said Britain’s housing market needs to be fixed, adding it …
Image copyright Getty Images A long-running case over the status of Uber drivers will be heard in the Court of Appeal on Tuesday and Wednesday. The taxi-hailing app is contesting an employment tribunal finding that drivers should be treated as workers rather than self-employed. If classified as workers, Uber drivers are entitled to paid holiday …
Image copyright Getty Images Image caption Can algorithms really predict where new crimes will take place? The new crime-fighting weapon of choice for a growing number of police forces around the world isn’t a gun, a taser or pepper spray – it’s data. But can computer algorithms really help reduce crime? Imagine a gang of …
Linda Liukas wants to show children that writing code for computers can be magical. Source by [author_name]