In the world of social media, it would seem that the Facebook domination has a new contender. Pinterest is a social site that allows users to pin pictures and content onto their profiles to create interesting collections, and it has just become the latest company to receive an evaluation of more that £630m ($1bn) following it’s latest round of funding worth $100m. Continue reading
General Motors have announced that they are to create 700 jobs at their plant in Ellesmere Port, Cheshire. This is in addition to hundreds more that are being created in their supply chain to deal with the building of their latest model in the Astra compact car range, and gives a great boost to the car industry in the UK. Continue reading
One of the driving components of Singapore’s knowledge based economy is high tech start-ups, with an increasing amount of policy attention being given to start-ups in order to continue to nurture new high tech ones that that just need a bit of a kick start. Those that deal with intellectual property are given even more support by the government.
If we are to believe everything that we hear in the media, we are now a country where getting a loan or a mortgage is nigh-on impossible, yet the fact that for sale signs are having sold slapped across them tends to make these claims seem somewhat unfounded. Continue reading
In an effort to alleviate the worry of an Iran fallout, Saudi Arabia has promised that they will increase their oil supplies. The results of this guarantee were falling crude oil prices after a few months of extreme highs. The small one percent drop in oil prices offered the UK government a bit of relief as inflation data collected this week showed a smaller drop then what was expected. Continue reading
There is reportedly a dramatic decrease in learner drivers taking to our roads, and driving schools are having a tough time of it. You can blame a number of factors for this; rising unemployment, the cost of buying a car and then keeping it on the road are all viable arguments, but recent research has shown that the number one reason for keeping people of the roads is the rising cost of car insurance in the UK. Continue reading
Nintendo, one of the top names in the world of gaming, have just announced their first ever annual loss of £329m and the rumours are already rife as to how this has come about. The Japanese giant reported a net loss of 43.2bn yen for last year, compared with a net income of 77.6bn for the previous year. The company, based in Kyoto, has said they expected a loss as the strength of the yen make exports much more expensive. Continue reading
After a ruling on Wednesday, companies may no longer be allowed to advertise for graduates to fill their job vacancies. The court said that by advertising for graduates, older employees were being discriminated against, and being prevented from applying for a better job or promotion, due to the fact that they did not hold a degree. Continue reading
