Business

Forget the cash ISA! I’d buy this FTSE 100 dividend bargain today

Reckitt Benckiser (LSE: RB) used to be one of the FTSE 100’s most sought after companies, but that began to change in 2017. Soon after shares in the consumer goods giant hit their all-time high of 8,100p in June 2017, cracks started to appear in Reckitt’s business model as its $17bn deal to buy Mead […]

Business

What are markets pricing in for the Fed now after Powell’s testimony yesterday?

Odds of a 50 bps rate cut at the end of this month have gone back up from 0% to ~24% now, and that is just shy of the ~27% probability priced in before last Friday’s US jobs report. In essence, all Powell’s testimony did yesterday was reset back expectations to what they were last […]

Business

Marks & Spencer parts ways with clothing boss Jill McDonald

The boss of Marks & Spencer’s struggling clothing business, Jill McDonald, has been ousted less than two years after joining the retailer. Chief executive Steve Rowe, who is trying to revive the fortunes of M&S along with chairman Archie Norman, will take control of the clothing and home business, the company said on Thursday. This […]

Business

Mark Carney positions himself as contender for IMF top job

Mark Carney has positioned himself as a contender to be the next head of the International Monetary Fund after refusing to rule out joining the race to take over from Christine Lagarde. The Bank of England governor has been widely cited as a potential candidate to replace Lagarde as the IMF’s managing director after her […]

Business

Thomas Cook close to unveiling Fosun rescue deal

Thomas Cook Group is in advanced talks about a rescue deal that will see the company effectively broken up and its tour operating arm taken over by the Chinese owner of Club Med. The world’s oldest package holiday company could announce as soon as Friday morning that it is close to reaching an agreement with […]

Technology

Apple Watch bug allowed iPhone eavesdropping

Apple has disabled the Walkie-Talkie app on the Apple Watch, because of a flaw that let users eavesdrop on other people’s iPhones. The Walkie-Talkie app let two people who had accepted an invitation send and receive short audio messages. But Apple said it had been “made aware” of a flaw that “could allow somebody to […]

Technology

Don’t expect Switch Pro this year, Nintendo says

Nintendo has ruled out the release of another new Switch model this year, following yesterday’s announcement of the Nintendo Switch Lite. It means a beefier Switch model – a Nintendo Switch Pro, or whatever it ends up being called – will launch in 2020 at the earliest. “[Nintendo Switch Lite will] be the only new […]

Technology

Google workers can listen to what people say to its AI home devices

Google acknowledged its contractors are able to listen to recordings of what people say to the company’s artificial-intelligence system, Google Assistant. The company admitted on Thursday that humans can access recordings made by the Assistant, after some of its Dutch language recordings were leaked. Google is investigating the breach. The recordings were obtained by the […]

Technology

Samsung Galaxy S8 deals are disappearing fast – so what are the best alternatives?

There comes a time in every handset’s life when the majority of major retailers slowly stop stocking it. Sadly, the most recent mobile phone to get hit with this fate just happens to be an old favourite of ours – the Samsung Galaxy S8. While Samsung Galaxy S8 deals are still available to buy, the […]

Technology

Devs express optimism, caution over Steam interactive recommender

Steam’s announcement of Steam Labs today came with some interesting tools that may impact the future of selling games on Steam. Key among them is the interactive recommender—a new tool for game discoverability that, per Valve, uses a user’s “hours played” metric and some machine learning to make game recommendations based on user inputs. After […]