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  • Tuesday newspaper round-up: Apple, BT, Chinese economy, Tesla

    Tuesday 18 Feb 2020

    (Sharecast News) - Apple has warned of global "iPhone supply shortages" resulting from its Chinese factories being shut because of the coronavirus outbreak. The Californian company told investors on Monday night it would fail to meet its quarterly revenue target of $63-67bn (?48-52bn) because of the "temporarily constrained" supply of iPhones and a dramatic drop in Chinese shoppers during the virus crisis. Apple did not provide a new forecast for its second-quarter revenue. - Guardian

  • Monday newspaper round-up: Brexit trade deal, IR35, Heathrow meltdown, coronavirus, Shell, Wetherspoon

    Monday 17 Feb 2020

    (Sharecast News) - France has warned that talks between Britain and the EU over a future trade deal will turn nasty. Jean-Yves Le Drian, the French foreign minister, said that the negotiators were likely to rip each other apart, with the two sides expected to fight particularly hard over fishing rights. - The Times

  • Sunday newspaper round-up: BBC licence fee, coronavirus, Storm Dennis, Tesco, Laura Ashley, M&S

    Sunday 16 Feb 2020

    (Sharecast News) - Downing Street turned on the BBC last night - vowing to scrap the television licence fee and make viewers pay a subscription. The national broadcaster could also be compelled to downsize and sell off most of its radio stations. In a plan that would change the face of British broadcasting, senior aides to the prime minister insisted that they are "not bluffing" about changing the BBC's funding model and "pruning" its reach into people's homes. - The Sunday Times

  • Friday newspaper round-up: Sajid Javid, JCB, coronavirus, M&S, Tesla, EDF

    Friday 14 Feb 2020

    (Sharecast News) - Sajid Javid quit as chancellor in protest at a No 10 power grab yesterday and warned that Boris Johnson risked wrecking the Treasury's credibility. The prime minister backed Dominic Cummings, his senior adviser, in demanding that Mr Javid sack his entire team of aides in the reshuffle. Instead the 50-year-old former leadership contender resigned and questioned the "character and integrity" of those around Mr Johnson. - The Times

  • Thursday newspaper round-up: MWC, UK house prices, Bombardier

    Thursday 13 Feb 2020

    (Sharecast News) - The world's largest mobile phone trade fair, Mobile World Congress, has been cancelled after scores of the world's biggest technology and telecommunications companies pulled out over fears of the spread of the coronavirus. The MWC, which was due to be held in Barcelona on 24 February, was expecting more than 100,000 delegates from about 200 countries across the four days of the conference. - Guardian

  • Wednesday newspaper round-up: Global growth, Ofcom, Brexit, Ocado

    Wednesday 12 Feb 2020

    (Sharecast News) - Loss of nature will wipe ?368bn a year off global economic growth by 2050 and the UK will be the third-worst hit, with a ?16bn annual loss, according to a study by the World Wildlife Fund. Without urgent action to protect nature, the environmental charity warned that the worldwide impact of coastal erosion, species loss and the decline of natural assets from forests to fisheries could cost a total of almost ?8tn over the next 30 years. - Guardian

  • Tuesday newspaper round-up: HS2, retailers, pension tax relief

    Tuesday 11 Feb 2020

    (Sharecast News) - Boris Johnson is poised to give the formal go-ahead to the HS2 project on Tuesday, with ministers promising an additional ?5bn on buses and cycle routes to head off critics who fear the troubled high-speed rail line will suck cash from other priorities. Before the expected announcement giving the green light to the vast infrastructure project, Johnson will claim that his government will offer bus passengers outside London a more frequent service and simpler fares, as part of his agenda to "level up" the UK. - Guardian

  • Monday newspaper round-up: Waitrose, Budget, Huawei

    Monday 10 Feb 2020

    (Sharecast News) - Waitrose is to launch thousands of new and revamped products in the coming months as the battle for the hearts and minds of Ocado shoppers moves up a gear. The supermarket's deal with the online grocer will finish at the end of August, when it will be replaced by Marks & Spencer. The switchover is high risk for all the brands involved: Ocado risks losing loyal Waitrose shoppers while the supermarket, which is part of the John Lewis Partnership, will have to persuade shoppers to use its own website instead. - Guardian

  • Sunday newspaper round-up: Coronavirus, Storm Ciara, NMC Health, Centrica, M&S, Trenitalia

    Sunday 09 Feb 2020

    (Sharecast News) - Britain could suffer a "major outbreak" of the coronavirus, which is likely to become a pandemic, according to the microbiologist who co-discovered ebola and the presence of Aids in Africa. Professor Peter Piot, director of the London School of Hygiene & Tropical Medicine, said he was "increasingly alarmed" by the rapid spread of the virus and the "huge" number of cases emerging daily. - The Sunday Times

  • Friday newspaper round-up: John Lewis, Hargreaves Lansdown, Hurricane Energy

    Friday 07 Feb 2020

    (Sharecast News) - The new chairman of the John Lewis Partnership has warned of potential store closures and job losses as part of a plan to shore up its finances. Sharon White told the employee-owned group's staff council that it faced making "difficult decisions about stores and about jobs" during what was its "most challenging period" since its inception in the 1920s. Despite the hard work of employees, trading results were disappointing and not generating enough profit to invest in the business, she told the meeting. - Guardian

  • Thursday newspaper round-up: Amazon, contactless payments, Glaxo, Redrow

    Thursday 06 Feb 2020

    (Sharecast News) - It would take Boris Johnson two full terms as prime minister to fulfil his pledge to "level up" the British economy, according to one of the UK's leading economic thinktanks. The National Institute of Economic and Social Research (NIESR) said Johnson's plans would probably take more than a decade to raise the level of economic output across the country, due to capacity constraints. - Guardian

  • Wednesday newspaper round-up: British Steel, Metro Bank, eBay, Flybe

    Wednesday 05 Feb 2020

    (Sharecast News) - The government must act fast to prevent the French government from scuppering a deal to save British Steel, Labour has urged, amid opposition in Paris to a sale that would put a key national asset in Chinese hands. The Chinese industrial firm Jingye, run by a former Communist party official, is in the final stages of negotiations to buy British Steel, including the Hayange plant in northern France. - Guardian

  • Tuesday newspaper round-up: UK aviation industry, Alphabet, Wizz Air

    Tuesday 04 Feb 2020

    (Sharecast News) - The UK aviation industry has pledged to cut its net carbon emissions to zero by 2050 - despite still planning for 70% more flights over the next three decades. Members of the Sustainable Aviation coalition, which includes most major airlines and airports, as well as aerospace manufacturers, will sign a commitment to reach net zero by mid-century. More than a third of the proposed net reduction will be achieved through offsetting. - Guardian

  • Monday newspaper round-up: UK productivity, Nissan, Netflix, South Western Railway

    Monday 03 Feb 2020

    (Sharecast News) - The slowdown in Britain's productivity growth over the last decade is the worst since the start of the Industrial Revolution 250 years ago, a dismal track record that is holding back gains in living standards across the country. Research from academics at the University of Sussex and Loughborough University shows that the productivity growth slowdown since the 2008 financial crisis is nearly twice as bad as the previous worst decade for efficiency gains, 1971-1981, and is unprecedented in more than two centuries. - Guardian

  • Sunday newspaper round-up: Brexit, Coronavirus, Airbus, BP, British Steel

    Sunday 02 Feb 2020

    (Sharecast News) - Thousands of borrowers who were missold loans they couldn't afford by the defunct payday lender Wonga will get back just 4.3% of the compensation they are owed.

  • Friday newspaper round-up: Amazon, Johnson & Johnson, Coca-Cola

    Friday 31 Jan 2020

    (Sharecast News) - Amazon's massive investment in faster shipping paid off for the tech company over the Christmas holidays with record sales and four times as many customers taking advantage of its free one-day shipping offer over the shopping season compared with last year. Amazon is spending billions making one-day shipping the default for its Prime members and the gamble helped drive its revenues up over $87bn for the final quarter of 2019, or $29bn a month, compared with $72.4bn in the fourth quarter of 2018. - Guardian

  • Thursday newspaper round-up: HS2, US budget deficit, UK car production

    Thursday 30 Jan 2020

    (Sharecast News) - Sajid Javid is expected to throw his weight behind the controversial HS2 rail project at a key meeting on Thursday, after the Treasury concluded it will still deliver economic benefits despite spiralling costs. The chancellor is poised to tell Boris Johnson and Grant Shapps, the transport secretary, that he believes the sums still add up despite the price tag having risen to an estimated £88bn. - Guardian

  • Wednesday newspaper round-up: BBC jobs, gig economy, Apple

    Wednesday 29 Jan 2020

    (Sharecast News) - The BBC is expected to announce hundreds of redundancies today, as staff brace themselves for heavy cuts to high-profile news programmes and an increasingly centralised system for producing the corporation's journalism. In an email to staff, Fran Unsworth, head of news, said she will use an all-staff meeting to explain how the corporation will put the BBC News mission statement of being "distinctive, trusted, engaging everyone, every day" into action. - Guardian

  • Tuesday newspaper round-up: Chinese growth, Sainsbury's, Siemens/Alstom

    Tuesday 28 Jan 2020

    (Sharecast News) - The coronavirus outbreak will have a "significant" impact on Chinese growth, economists have warned, with the "wildcard" of still unknown infections posing potentially serious risks for the global economy. Shares in Asia Pacific continued to fall on Tuesday in the wake of heavy losses at the start of the week which has seen the death toll from the outbreak in China almost double in two days to 105. - Guardian

  • Monday newspaper round-up: Northern franchise, trade groups, Flybe

    Monday 27 Jan 2020

    (Sharecast News) - Ministers will pledge to reopen closed rail lines in the north this week as the government prepares to renationalise the failed Northern franchise. The promise of hundreds of millions in investment to restore some lines axed in the Beeching closures in the early 1960s will come at about the same time as the expected announcement of the termination of the Northern franchise, operated by Arriva. - Guardian

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