Anne Fairweather

42 Flips | 4 Magazines | 6 Followers | @AnneFairweather | Keep up with Anne Fairweather on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Anne Fairweather”

EU Referendum: What happens to jobs and growth funding?

<b>Billions of pounds of EU funding has been earmarked for projects to create jobs and growth across England over the coming years. Now the UK is heading for the exit, what happens next?</b><p>BBC News looks at the numbers.<p>How much is involved?<p>The UK government says over the past nine years, EU investment …

Markets lose faith in the ECB as mass stimulus measures falter

9:19PM<p>ECB's Draghi plays his last card to stave off deflation<p>Ambrose Evans-Pritchard:<p>The European Central Bank has pulled out all the stops to avert a dangerous deflation-trap, launching a blast of triple stimulus despite angry criticism from Germany that it is entirely unnecessary and will do more …

Here's Why The ECB Held Off Launching QE Until Now

The eurozone's inflation rate has been falling since late 2011 and has been below 1% since October 2013. That is substantially short of the ECB's target of "below, but close to, 2%". Despite this the central bank appeared comfortable watching it fall still further until it finally fell dropped to …

Markets go into reverse despite ECB cutting rates and boosting QE - as it happened

The European Central Bank has thrown the kitchen sink at the eurozone, by slashing the headline interest rate to zero and increasing the bank’s money-printing programme<p>Summary: ECB cuts interest rates, but euro actually rises<br>• Growth and inflation forecasts cut<br>• ECB to pay banks to lend money (!)<br>• Draghi …

Economics

ECB cuts rates to new low and expands QE | Financial Times

The European Central Bank has unleashed a bigger than expected package of measures to stimulate the eurozone economy, with expanded quantitative …

Economics

Opportunity or disaster? Small firms describe the impact of the Brexit vote

The vote to leave the EU has struck a mighty blow to many small businesses, but others say it has opened up opportunities. They share their stories<p><b>‘It’s devastating for us as a small business and I am not sure if we can survive it’</b><p>“I run a small communications agency as well as being a journalist. …

Great Britain

EU financial assistance

How is financial assistance given to EU countries?<p>How EU countries can request access to financial assistance mechanisms in order to preserve …

European debt crisis

The <b>European debt crisis</b> (often also referred to as the <b>Eurozone crisis</b> or the <b>European sovereign debt crisis</b>) is a multi-year debt crisis that has been …

What is the Troika?

The name ‘Troika’ originally refers to the Russian word for a carriage with three horses, but can be used to describe any type of collaboration of …

UK stripped of final 'AAA' rating and FTSE 350 surrenders £140bn in Brexit aftermath

• <b>"Thank goodness" we fixed the roof, Osborne says in bid to calm markets</b>• <b><br>FTSE 100 resumes slide amid Brexit vote uncertainty</b>• <b><br>Pound hits fresh 31-year low as selling intensifies</b>• <b><br>UK 10-year gilt yields fall below 1% for the first time ever</b>• <b><br>UK stripped of final 'AAA' rating as markets sour</b>• <b><br>Trading in RBS</b> …

Brexit starts taking its toll on Portugal

by Brendan de Beer, in News · 24-06-2016 13:08:00 · 20 Comments<p>Within hours of Britain voting to leave the European Union, news has already started …

Germany Economy - GDP, Inflation, CPI and Interest Rate

Germany Economic Outlook<p>April 30, 2018<p>Signs are emerging that last year’s strong economic momentum waned somewhat in the first quarter of this year. …

Post Brexit: German economy slumps worse than UK after referendum vote

GETTYThe German Stock Index has fallen since the monumental vote<p>The German stock index known as the Dax fell 1,000 points after the Brexit vote - the …

United Kingdom Economy - GDP, Inflation, CPI and Interest Rate

UK Economic Forecast<p>April 30, 2018<p>According to preliminary data, economic growth slowed to the weakest pace in over five years in the first quarter. …

Portugal Economy - GDP, Inflation, CPI and Interest Rate

Portugal Economic Outlook<p>April 30, 2018<p>Data for the first quarter signals that economic growth, while still strong, likely moderated slightly from …

Ted Baker's revenues boosted by online sales

<b>Strong online sales and new stores have helped to boost revenues at UK fashion brand Ted Baker.</b><p>The company said revenues rose 11.3% in the 19 weeks to 11 June, with online sales rising 32.3%.<p>The luxury clothing firm said retail sales rose 12.7%, despite what it called "challenging external trading …

Australia budget: Multinationals to be hit with 'Google tax'

<b>Multinational companies that move profits offshore to avoid tax will be penalised under new measures in Australia's budget.</b><p>Companies caught shifting profits will be taxed at a penalty rate of 40%, rather than the usual 30% rate .<p>Treasurer Scott Morrison's first budget doubles as the government's …

Uber and China's Alipay agree to expand co-operation

<b>Taxi-hailing service Uber and China's e-commerce giant Alibaba Group have agreed a deal that will allow Chinese travellers to pay for a taxi in any country where Uber operates.</b><p>It means they can pay for their rides in yuan using their Alipay accounts.<p>US car sharing service Lyft and China's Didi …

Asos jumps 6% after better than expected results

Company upbeat as it receives a boost from US duty changes<p><b>Asos</b> plans to boost investment in its remaining overseas businesses after closing its China operations, the online fashion retailer said as it reported an 18% rise in half year profits.<p>The company will incur closure costs of £10m in China, …

eCommerce

Asos will use £2m from China exit to bolster UK, US and Europe

Online fashion retailer to enhance operations in key markets after reporting 25% rise in UK sales over six-month period<p>Asos is to spend £2m of the cash saved by closing its Chinese business on boosting operations in the UK, US and Europe.<p>Shares in the online fashion retailer rose more than 7% to …

Mobile Devices

Twitter stock plunges after revenue misses estimates

Twitter tanks: Stock slumps over 12% as firm misses revenue targets<p><b>User base grew modestly to 310m monthly active users from 305m</b>• <b><br>Jack Dorsey said</b> …

Nokia buys e-health startup Withings to become your digital doctor

Legacy mobile phone brand Nokia has announced plans to buy Withings, a digital health company that makes connected weighing scales, thermometers and blood pressure monitors.<p>"We have said consistently that digital health was an area of strategic interest to Nokia, and we are now taking concrete …

iPhone sales decline for first time ever as Apple revenue falls

Apple's revenue has fallen for the first time in 13 years as iPhone sales decline for the first time ever, putting an end to the incredible growth streak enjoyed by the world’s biggest listed company.<p>The company revealed sales of $50.6bn (£34.7bn) for the three months to the end of March, a decline …

Self-driving 'ground drones' hit the London streets

Self-driving 'ground drones' hit the London streets: Trials of the delivery robots begin in Greenwich before they head to New York<p><b>Starship</b> …

Apple in 2016: Is the mighty iPhone in decline?

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/technology/1222000/1222343_h264_1500k.mp4?__gda__=1524696121_cbf721ca1c04f36ae25654e7e7176b1c<p><b>Apple's investors are spooked.</b><p>Despite a rip-roaring 2015, something peculiar happened this month: Apple's stock value dropped to below $100 for …

Apple warns iPhone sales set to fall for first time

<b>Apple has reported the slowest growth in iPhone sales since the product's 2007 launch and warned sales will fall for the first time later this year.</b><p>The US tech giant sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago.<p>Apple said revenue for the next quarter …

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Terror attacks hit easyJet revenues

The low cost airline carried 16 million passengers in the last three months of the year but sales were dampened by the terror attacks in Egypt and Paris<p>Terrorist attacks in Paris and Egypt knocked easyJet's revenues at the end of last year.<p>The budget airline said revenue per seat fell by 3.7pc in …

Watchdog says Tesco knowingly delayed supplier payments

The Groceries Code Adjudicator has found that the commercial team would defer payments to improve the supermarket’s financial position<p>The Groceries Code Adjudicator has accused Tesco of falsely inflating its profits by delaying or deducting millions of pounds from its suppliers while also billing …

Don't blame a change in shopping habits, Britain's supermarkets just got it so wrong

Tesco, Asda, Sainsbury's and Morrisons are suffering from falling sales in their supermarkets, but strategic blunders, rather than a change in shopping habits, is at the centre of their problems<p>“Change is the law of the life,” John F Kennedy said in 1963. “Those who look only to the past or present …