FTSE 100 Live: Stocks to tumble as interest rate decision looms; Oil falls as ‘economic catastrophe’ avoided
Gatwick Airport criticises Airport Commission’s backing for Heathrow expansion as unfair and “flawed” July 14, 2015 Gatwick has hit back at the Airports Commission, calling its report recommending a Heathrow expansion “flawed” and unfair. The airport criticised the report for falling short of requirements of balance and fairness. After three years’ deliberation led by Sir Howard Davies, the Airports Commission released its long-awaited report two weeks ago, backing a third runway [...]
Match Group buys free dating site PlentyOfFish for $575m July 14, 2015 Free dating site PlentyOfFish has found a new suitor in the Match group, with the group acquiring it today for $575m. With the acquisition Match Group, the dating business subsidiary of IAC which also includes Tinder and OkCupid, hopes to bag more digitally-savvy singles, as PlentyOfFish has 3 million daily users. Sam Yagan, chief executive [...]
Oil giant Petroleum Development Oman plans huge solar farm to extract oil July 14, 2015 It sounds like the opening line of a gag: an oil giant is set to built the world’s largest solar project. An unexpected alliance will have Petroleum Development Oman, the country's state oil company, teaming up with Californian solar power startup Glasspoint to build a solar plant with capacity for more than a gigawatt of [...]
Turing Phone: The makers of this smartphone say it’s impossible to hack and doesn’t break July 14, 2015 It sounds like a challenge for hackers if ever there was one, but a mobile phone startup is promising its upcoming smartphone is not just impossible to break, but also impossible to hack into. Aptly named the Turing Phone, it promises to be a secure phone, built for a post-Snowden and data surveillance world. Using [...]
Misconceptions about housing: These five charts show how wrong we are about rent, house prices and deposits July 14, 2015 Hot on the heels of the Ipsos Mori poll showing that most of us have no idea how much raising children, buying a house, or paying for education cost, the research institute has dug deeper into our insights on housing – and it turns out we’re pretty far off. Just over three quarters of British [...]
Worst sectors for boardroom diversity: Women joining FTSE 100 boards but mining lags far behind retail industry as Conservatives push to end gender pay gap July 13, 2015 More women are joining the boards of Britain’s most powerful companies, but there’s a big difference between different industries, a breakdown by sector reveals. In a bid to end the gender pay gap "in a generation”, Prime Minister David Cameron announced plans today to require UK firms to publish gender pay audits. But progress is [...]
Not just for Harry Potter: Scientists develop an invisibility cloak using dielectric materials July 13, 2015 Invisibility may have been reserved for fantasy novels and folklore until now, but it looks like invisibility cloaks are not just for Harry Potter anymore. Scientists have developed a material that’s incredibly thin and doesn’t change the brightness of light around an object. This means it can “cloak” an object so it disappears beneath it [...]
Wearables startup Jewelbots wants to get girls into tech with hi-tech jewellery July 13, 2015 The percentage of women in the tech industry isn’t just low – it’s dropping. Wearables startup Jewelbots wants to change this by developing smart friendship bracelets to get girls interested in coding, and their idea has been a hit on the crowdfunding scene. The company, which launched last autumn, wrote about their idea on their [...]
How to improve your memory: Multitasking can actually be bad for your memory July 13, 2015 How long is your to-do list right now? From remembering to buy bread, to calling your mum, to replying to that e-mail, we all juggle any number of thoughts on a daily basis. But it turns out that trying to keep several things in mind simultaneously can actually end up weakening your memory. Neuroscientists at [...]
Facebook is giving you more control over who you see in your news feed July 10, 2015 There's a lot of clutter in Facebook’s news feed. But from that third cousin who won’t stop posting about her workouts to the ex-coworker who keeps posting political rants – you can’t quite unfriend them – but you definitely don’t want to get their updates. Now you can choose not to. Facebook has just announced [...]
