Tag Archives: end

Nokia 8 May Get Android 8.0 Oreo Update by October End: Report

HMD Global’s Nokia 8, the premium offering in the company’s portfolio, is finally being announced in different markets. While announcing the Nokia 8 in Taiwan, a company manager reportedly revealed that the smartphone may receive Android 8.0 Oreo update by end of October. At this moment, there are no specific dates or release schedule for the Nokia 8’s Oreo update.… Read More »

RBS investor group accepts offer to end lawsuit over 2008 cash call

A group representing Royal Bank of Scotland (RBS.L) investors has accepted an out-of-court deal to settle a lawsuit that aimed to call disgraced former CEO Fred Goodwin to account over a 12 billion pound cash call in 2008. Organisers of the RBoS Shareholder Action Group, that had vowed to see the bank and its former bosses in court,… Read More »

Post-Brexit customs barriers threaten end of seamless UK-EU supply chains

In a small factory in a suburb of Birmingham in central England, family-owned Brandauer manufactures a tiny metal component used in the control panel of a car airbag. From raw material to electrical connector pin in the airbag of a finished car, it will travel between Britain and the European continent as many as five times during the… Read More »

Monte dei Paschi races to raise €5bn cash by end of year

Italy’s Monte dei Paschi bank has said it will try to raise €5bn (£4bn; $5.3bn) from investors by year end as it races to avoid a state rescue. In a statement, the world’s oldest bank said it would stick to the recovery plan it outlined on 25 October, which includes issuing new shares. The bank had sought a… Read More »

Sainsbury’s sees tougher end to year after first-half profit falls

British supermarket Sainsbury’s (SBRY.L) warned that higher staff wages and its price battle with rivals would mean a tougher second half after first-half profit fell by 10 percent. Sainsbury’s is a distant second behind market leader Tesco (TSCO.L) in a retail sector which has been shaken by the rise of German discounters Aldi and Lidl. Seeking to expand… Read More »

Taxpayer bailouts for banks ‘too big to fail’ to end by 2022

The UK’s banks should no longer be “too big to fail”, under revised rules announced by the Bank of England. The regulations will force banks to hold enough money from their investors to absorb losses without help from the taxpayer. If any bank does face collapse, the funds will be spent to finance an orderly wind-down. The Bank’s… Read More »

WhatsApp to end BlackBerry, Nokia and Windows Phone 7.1 support

WhatsApp has confirmed that it will stop supporting BlackBerry’s software later this year, further signalling the demise of the once dominant mobile OS. Older Nokia and Windows Phone devices will also cease to be supported. WhatsApp for BlackBerry OS, including the newest BB10 release, will be discontinued by the end of 2016. The announcement is unlikely to come… Read More »