FTSE advances, shrugs off declines in commodities

British shares edged higher on Monday as commodities-related stocks shrugged off declines in copper and oil prices, although Mondi (MNDI.L) fell on news of an anti-monopoly investigation. Britain’s blue-chip FTSE 100 index .FTSE was up 0.4 percent at 6,170.55 points by 0855 GMT, in line with the broader European market. Miner Rio Tinto (RIO.L) led the gainers on… Read More »

UK housebuilding stalls in March, construction growth moderates – PMI

Growth in construction of new homes in Britain ebbed to its lowest level in three years in March, according to a survey on Monday that showed the overall expansion in the building trade held at its weakest in nearly a year. The Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) held steady at 54.2 in March, matching February’s 10-month… Read More »

Instagram was down for a while, and everyone thought it was the worst April Fools’ prank ever

Instagram was down this morning, and it wasn’t very funny. The service was not only unresponsive on mobile: the Instagram website at one point consisted only of a “5xx Server Error” message. However, the problems seem to already be resolved, as both the mobile and the desktop version can be accessed. SEE ALSO: April Fools’ prank asks you to… Read More »

North Korea officially blocks Facebook, Twitter and YouTube

North Korea has officially announced it is blocking Facebook, YouTube, Twitter and South Korean websites in a move underscoring its concern with the spread of online information. The Ministry of Posts and Telecommunications announcement was posted this week at the country’s main mobile service provider, Koryolink, and other places serving Internet users. Very few North Koreans have Internet… Read More »

Jaitley invites Aussie businesses to invest in India

On his first day in Sydney, Mr. Jaitley inaugurated ‘Make in India’ conference where he strongly pitched for foreign investments in India. Showcasing significant investment opportunities in manufacturing and infrastructure sector, Finance Minister Arun Jaitley has invited Australian businesses to come and invest in India as he wraps up his four-day visit to the Asia Pacific country. During… Read More »

Pittsburgh TV anchor gets the pink slip for inflammatory comments on Facebook

Like it or not, what you say on social media could have serious implications in your professional career. Case in point, WTAE-TV new anchor Wendy Bell was fired for inflammatory comments she wrote on her Facebook page, reports The Pittsburgh Post-Gazette. In a now-deleted Facebook post, Bell opined on a mass shooting in Wilkinsburg, Pennsylvania that took the lives… Read More »

Jokes about the EgyptAir hijacker divide social media

When EgyptAir Flight MS181 with 63 passengers on board was hijacked by a suspected terrorist, concerns about airport security were raised again. But as details emerged about the situation, people started sharing jokes about the hijacker’s possible motives. It seemed the man, who was pretending to be wearing a suicide belt, was less interested in terrorism and more… Read More »

Boosty launches broadband solution that uses fixed & mobile connections

Suffolk-based firm claims solution uses a smartphone’s 3G or 4G connection to “boost” home broadband connections Broadband-provider Boosty Ltd has launched a new solution for consumers that combines mobile connectivity with fixed connections to boost home broadband speeds. Boosty uses a mini broadband router to combine home broadband with a 3G or 4G connection to “boost” speeds and… Read More »

GlaxoSmithKline will not file patents in poorer countries

UK drugs manufacturer GlaxoSmithKline has said it will not file patents for its products in the world’s poorest nations. The step may make some important new medicines more affordable in the developing world, by leaving the way clear for generic companies to make cheap copies of GSK’s drugs. GSK said it would adopt a graduated approach linked to… Read More »

GE Capital aims to lose ‘too big to fail’ status

General Electric’s financing arm – GE Capital- has asked regulators to remove it from the list of institutions deemed “too big to fail” after having shrunk the size of its business. GE said it no longer posed “any conceivable threat to US financial stability”. US regulators labelled GE Capital a systemically important financial institution (SIFI) in 2013. SIFIs… Read More »