Image copyright Next This summer’s heatwave led to stronger-than-expected sales at Next in the first six months of the year, the clothing retailer has said. As a result, Next said it was raising its profit forecast for the year as a whole by £10m to £727m. However, the company said the UK retail market remained …
Image copyright Getty Images Image caption Kevin Systrom and Mike Krieger continued to run Instagram after it was acquired by Facebook in 2012 The co-founders of photo-sharing giant Instagram, Kevin Systrom and Mike Krieger, are both leaving the firm. Mr Systrom, the chief executive of the app, said they were departing to “explore our curiosity …
Image copyright EPA Thomas Cook shares fell as much as 25% after it blamed the summer heatwave for a drop in its annual profit forecast. “Many customers” had put off booking holidays abroad, instead staying at home in June and July to enjoy the sunshine, the holiday firm said. The company said this had led …
Image copyright Getty Images More than £500m was stolen from customers of British banks in the first half of 2018, figures have shown. Industry group UK Finance said £145m of that was due to authorised push payment (APP) scams, in which people are conned into sending money to another account. But £358m was lost to …
Image copyright Getty Images Image caption Machines are getting better at untangling foreign languages, but mistakes persist Translation apps are getting better, but they’re still not perfect, particularly for minority languages. Can artificial intelligence and deep neural networks help iron out the glitches? During the World Cup in Russia this summer there was a dramatic …
Image caption Pabi Leqhotsa had never flown a plane before this year but now dreams of a career in aviation Fourteen-year-old Paballo (Pabi) Leqhotsa jumps out of the pilot seat of a four-seater Cessna monoplane giddy with delight. “It was amazing. I felt like I was in control, do you understand?” she says, spinning round …
India is a signatory to the Paris climate change agreement, which means 40% of the energy it uses needs to come from clean sources by 2030. One thing you get plenty of in India is sunshine. So the government has set ambitious targets for solar power generation in the country. While India started setting up …
Image copyright Debenhams Image caption Debenhams’ new store includes a “minibar” with travel-sized items “We have to make shopping fun again,” says the boss of Debenhams, Sergio Bucher. There’s a lot riding on his vision of the future. The department store chain will open a new branch in Watford on Thursday as it tries to …
Image copyright EPA Donald Trump has signed a revised trade pact with South Korea, aimed at expanding opportunities for US carmakers and pharmaceutical companies. It marks the first such agreement finalised by the US president, who has promised to overhaul his country’s trade relationships. At a press conference in New York, Mr Trump called the …
Media playback is unsupported on your device Media captionCody Wilson: The man behind America’s 3D-printed guns Cody Wilson has been released on bail in Houston, Texas, after being charged with the sexual assault of an under-age girl. His bail was posted at $150,000 (£114,000). Mr Wilson runs Defense Distributed, a campaign group that offers blueprints …