Friday, 5 Jul 2024

Business

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TalkTalk share price surges 16% on takeover talks

Shares in telecoms firm TalkTalk have surged 16% after it agreed to consider a takeover bid from investment firm Toscafund that values it at £1.1bn. TalkTalk said that its board had “agreed to progress the proposal further” and would consult advisers. But it added that to make any firm bid, Toscafund would have to get […]

Citigroup pays $400 million U.S. fine, agrees to fix long-term lapses

WASHINGTON (Reuters) – Citigroup Inc C.N has agreed to pay a $400 million fine and draw up a sweeping plan to fix persistent risk management and operational problems that have led to multiple violations and penalties over the years, U.S. regulators said on Wednesday.FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS […]

Microsoft takes action to resolve 365 services accessibility issues

Silhouettes of mobile users are seen next to a screen projection of Microsoft logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration(Reuters) – Microsoft Corp said on Wednesday a change it had made recently could have caused accessibility issues with multiple 365 services, including Teams and Outlook, and that the U.S. software maker […]

Activist investor Dan Loeb urges Disney to end dividend to fund streaming content

(Reuters) – Activist investor Daniel Loeb on Wednesday urged Walt Disney Co DIS.N to forgo paying a dividend and use the cash to make and buy more programming for its Disney+ streaming service as it battles tech giants Netflix NFLX.O and Amazon AMZN.O. FILE PHOTO: The entrance to Walt Disney studios is seen in Burbank, […]

Trump returns to Oval Office despite ongoing COVID-19 infection

A U.S. Marine stands guard outside the West Wing, indicating that President Trump is in the Oval Office, on Oct. 7. Photo: Saul Loeb/AFP via Getty Images President Trump went to the Oval Office on Wednesday to receive a briefing on coronavirus stimulus and Hurricane Delta, White House spokesperson Brian Morgenstern confirmed to reporters. Why […]

What are the new rules for pubs?

Pubs in Scotland will be severely restricted under new measures announced by First Minister Nicola Sturgeon to try to halt the spread of Covid-19. What are the new rules in Scotland? Bars and restaurants in Scotland currently have to close at 22:00 BST. Under the new rules, from 18:00 BST on Friday 9 October, all […]

BuzzFeed News Pulls Reporter From White House, Citing Virus Risk

BuzzFeed News has pulled a political correspondent from the White House press pool, citing concerns that the area has become a coronavirus hot zone after President Trump, many of his top aides — including the press secretary Kayleigh McEnany — and several journalists have tested positive for the virus. A BuzzFeed News spokesman, Matt Mittenthal, […]

Greene King to close pubs and axe 800 jobs as curfew hammers industry

One of Britain’s biggest pub operators is preparing to close dozens of venues and cut hundreds of jobs following a slump in trade exacerbated by the government’s 10pm hospitality industry curfew. Sky News has learnt that Greene King on Wednesday started a consultation with 800 employees about a redundancy process. Sources close to the company, […]

Mike Pence Resists Use of Plexiglass Safety Barriers at Debate

The nation’s political divide is no longer just a metaphor. Aides to Vice President Mike Pence on Tuesday criticized plans for their candidate to sit behind plexiglass dividers at this week’s vice-presidential debate, rejecting a safety measure that the organizers said would help prevent any viral transmission between Mr. Pence and his Democratic opponent, Senator […]

Wall Street ends down 1% after Trump calls off coronavirus economic relief talks

(Reuters) – U.S. stocks ended down more than 1% on Tuesday after President Donald Trump said he was calling off negotiations with Democratic lawmakers on coronavirus relief legislation until after the election. Stocks were higher before the remarks, but reversed course after Trump made the comments on Twitter. The S&P 500 fell to a session […]