Image copyright Palm Image caption US basketball player Stephen Curry is one of the ambassadors for the new Palm phone A tiny Android smartphone designed to be a “companion phone” to a full-sized device has been launched in the US – using the brand name Palm. The handset is the size of a credit card …
Image copyright Grant Thornton Sacha Romanovitch, the first woman to run a big City accountancy firm, is stepping down as chief executive of Grant Thornton. The firm said she would depart when her successor was chosen. The leadership style of Ms Romanovitch, who brought in changes such as profit-sharing for all staff, was criticised in …
The chief executives of HSBC, Google and Credit Suisse have become the latest people to pull out of a business conference in Saudi Arabia next week. HSBC’s John Flint, Google’s Diane Greene and Credit Suisse’s Tidjane Thiam will not now go to next week’s event, dubbed “Davos in the Desert”. JP Morgan chief executive Jamie …
Wages excluding bonuses rose by 3.1% in the three months to August, compared with a year ago, their fastest pace in nearly 10 years, official figures show. Over the same period, the inflation rate was 2.5%. The Office for National Statistics (ONS) also said that UK unemployment fell by 47,000 to 1.36 million in the …
Image copyright Getty Images Paddy Power Betfair has been fined £2.2m for failing to stop stolen money being gambled through its website and for failing to protect customers showing signs of problem gambling. The Gambling Commission said the bookmaker’s failings meant “significant amounts of stolen money flowed through their exchange”. The regulator added that this …
Image copyright PA Scottish Power will become the first major UK energy company to generate all its electricity from wind power instead of coal and gas, after selling its final gas and hydro stations to Drax. Power company Drax has paid £702m for the rest of Scottish Power’s traditional generation business. Scottish Power is planning …
Image copyright Getty Images Image caption The NCSC believes most of the attacks it repelled were perpetrated from within nation states hostile to the UK The UK’s top cyber-defence centre has stopped Britain falling victim to almost 1,200 attacks in the last two years, its annual review reveals. The National Cyber Security Centre (NCSC) was …
Image copyright N Chadwick/Geograph Image caption Manchester Oxford Road took the “undesirable crown” of being worst, Which? said Ten of Britain’s busiest railway stations have seen over half of all train services delayed by a minute or more this year, research has revealed. Manchester Oxford Road had the least punctual services, with 68% delayed. Data …
Image copyright Getty Images Image caption Chip fat and other vegetable oils can be turned into fuel for cargo ships The global shipping industry is as big a contributor to greenhouse gas emissions as aviation. And the heavy fuel oil that powers its giant vessels is exceptionally dirty – packed with soot, black carbon and …