(Reuters) – Apple Inc on Thursday responded to Spotify Technology SA’s complaint with EU antitrust regulators, saying the audio streaming service “wants all the benefits of a free app without being free”. Spotify, launched a year after Apple unveiled its first iPhone in 2007, said on Wednesday the company unfairly limits rivals to its own […]
Irish developer Garrett Kelleher has seen a $1.2bn (€1.05bn) case his firm took against the National Asset Management Agency (Nama) dismissed by a US court. The judge overseeing the case agreed with the agency that Nama could not be subject to the jurisdiction of the Chicago court in the case. A Nama spokesman said the […]
Last year Wagamamas was bought by the people who also own Frankie and Benny’s and Chiquito – and they’ve just revealed what they plan to do with it. The good news for Waga fans is the new owners are impressed and the main thing they seem to be looking for is "more". "We have made […]
LONDON (Reuters) – Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay the British exit from the European Union. European stocks markets opened higher, with the pan-European STOXX 600 index reaching its highest since October. S&P 500 futures also gained, indicating […]
(Reuters) – Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed Warren Buffett as the conglomerate’s chief executive. Abel, 56, and Jain, 67, who […]
Outsourcing firm Interserve is on the verge of collapse after investors rejected a rescue deal that would have seen their holdings slashed. The stricken company said trading in its shares had been immediately suspended pending administration and a planned sale that will see its various divisions – and 45,000 UK staff – protected. Interserve had […]
Aldi has unveiled a new show-stopping giant egg for Easter this year and shoppers are already re-selling it on eBay for nearly double the price. The Moser Roth Giant Ostrich Egg is made entirely of white chocolate blended with caramel sugar – and it’s huge. Measuring a whopping 28cm long and 22cm wide – it’s […]
In proof that more choice isn’t always a good thing, new figures show rising numbers of energy firms are offering customers bad service. And it’s the new companies that are worst, figures from Citizens Advice show. The charity’s latest league table shows five new or smaller energy suppliers – Outfox The Market, Eversmart Energy, PFP […]
BEIJING — China’s premier delivered on Friday the clearest acknowledgment yet from a top Chinese official that the country’s economy is slowing and faces a series of difficulties. Li Keqiang, who as premier is China’s second-highest official after President Xi Jinping, said at his annual news conference that the answer lies in cutting corporate taxes […]
HONG KONG (Reuters) – Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined $100 million for due diligence failures on a series of IPOs. UBS is the first major bank involved in stock listings to face […]