The two most powerful people in central banking have given their strongest warning yet on the impact of a Brexit vote, as top US bank Morgan Stanley warned that a British decision to leave could push the world towards recession.
Category: News Wire
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Spotify hits 100m users but still yet to make a profit
The music streaming service continues rapid growth in user numbers but losses continue to mount
Morrisons’ treatment of suppliers again highlighted by watchdog
The grocer had demanded some suppliers pay extra lump sums of £2m in 2015 after similar breaches the year before
MPs urge Government to dock executive pay for cyber attacks
Criminals who trade in stolen personal data should face jail sentences of up to two years, MPs have said in a stark warning over the vulnerability of the Britain’s biggest companies to cyber attacks.
Microsoft avoids paying £100m a year in UK corporation tax
Microsoft sent more than £8 billion of revenues to Ireland since 2011
Britain leads Europe in tech, with 18 of 47 $1bn companies
More than a third of European ‘unicorns’, technology firms worth over $1bn, were founded in the UK, with Sweden in second place
Bosses mount last-ditch campaigns ahead of EU vote
Company bosses campaigning on both sides of the European Union referendum are preparing to speak out and mount last-ditch efforts to sway Britons before the vote.
FTSE 100 and pound make gains as EU referendum campaigns suspended
Analysts say decision to suspend referendum campaign has affected market
Microsoft to help track legalised marijuana sales
Microsoft has teamed up with California-based technology start-up Kind Financial, which helps businesses and government agencies track sales of legalised marijuana “from seed to sale”.
Revlon to buy Elizabeth Arden for $870m
Elizabeth Arden is known for its luxury skincare products, especially anti-ageing ranges, while Revlon is stronger in hair colour
Break up National Grid to prevent conflict of interest, MPs say
National Grid should be stripped of its role managing the UK energy networks due to the potential for conflicts of interest, MPs on the energy select committee have said.
Rolls-Royce says Brexit will heighten investment risk
Engineering giant Rolls Royce has written to employees saying it wants the UK to stay in the European Union.
New Zealand avocado thefts grow as demand surges
High prices and surging demand have sparked a spate of avocado thefts in New Zealand.
Bank shares would fall sharply after Brexit, City analysts warn
Barclays will be hardest hit if Britain votes to leave EU and all dividend payouts will be axed, say bank experts at Bernstein
EU referendum: Leave camp pulls ahead in latest poll from Ipsos Mori which shows six point lead for Brexiteers
EU referendum: Leave camp pulls ahead in latest poll from Ipsos Mori which shows six point lead for Brexiteers
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