One in three of us have ended up with fake goods when ­shopping online, exclusive research for Mirror Money reveals. Counterfeiters and fraudsters are cashing in on the huge growth in online sales and tricking people into buying duff products. As well as being left out of pocket, dodgy goods can pose health and safety […]

TOKYO (Reuters) – Japan’s SoftBank Group Corp reported a 60 percent rise in quarterly operating profit on Wednesday, buoyed by rising valuations of its technology investments. SoftBank’s operating profit in the October-December quarter was 438.3 billion yen ($3.99 billion) versus 274 billion yen a year earlier. The year-earlier figure used previous accounting standards. The result […]

NEW YORK (Reuters) – World stocks rose to a fresh two-month high on Tuesday to keep up their fast start to 2019 while the U.S. dollar strengthened for a fourth straight session as investors looked toward an annual address by the U.S. president later in the evening. Boosted by U.S. and European equity performance, MSCI’s […]

(Reuters) – Electronic Arts lowered its revenue outlook on Tuesday, hit by lackluster sales of its newly launched “Battlefield V” title which faces stiff competition from “Red Dead Redemption” and upstart online games like “Fortnite.” Shares of EA slid 9 percent in after-hours trading following the news. The videogame maker cut its projections for full-year […]

(Reuters) – Wall Street rose on Tuesday boosted by consumer discretionary and technology companies amid peak earnings, which have largely been positive so far, while investors wait for President Donald Trump’s State of the Union address. The S&P 500 is eyeing its fifth straight session of gains after a recent dovish stance from the Federal […]

BERLIN (Reuters) – Germany could take stakes in companies to prevent foreign takeovers in some key technology areas, Economy Minister Peter Altmaier said on Tuesday, presenting a new industrial strategy he said was necessary for the country’s cohesion. The pivot to a more defensive industrial policy is driven by German concerns about foreign – particularly […]

The country’s largest exporter of dairy products has moved to store over six months of Cheddar cheese in warehousing in the UK as a Brexit buffer. Cold storage has been at a premium as Irish exporters of Cheddar, butter and powder move to ward off fears of delays portside in the event of a ‘no-deal’ […]

German holiday airline Germania collapsed on Tuesday after it failed to secure financing to meet a short-term cash squeeze and said it would cancel all flights immediately. The insolvency of Germania, which carried around four million passengers each year, follows on from the failure of Germany’s second-biggest airline, Air Berlin, in 2017, and underscores the […]

PARIS (Reuters) – U.S. technology giant Apple said it had reached a deal with France to pay an undeclared amount of back-dated tax, with French media putting the sum at around 500 million euros ($571 million). Apple’s French division confirmed the tax payment agreement, but did not disclose how much it had agreed to pay. […]

Facebook boss Mark Zuckerberg has defended the social network as he marked its 15th birthday, accusing some in government, business and the media of overly criticising the platform for “empowering people”. Writing on the social network, the firm’s chief executive celebrated Facebook’s rise from his college dorm room to a service used by more than […]