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Legendary Late Show Host David Letterman to Retire

April 08 ,2014 | by Hari Sri

Topic: News

Legendary Late Show Host David Letterman to Retire

David Letterman has surprised fans by announcing he will retire from presenting his Late Show next year.

After more than 30 years of his CBS talk show, David Letterman is one of the most recognisable hosts in the world and the longest serving late-night host in television history. A great on the level of people like Sir David Frost and Sir Michael Parkinson, his show has been known for years not by its title the Late Show, but simply by his name.

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UK Car Sales Accelerate to Hit 10-Year High

April 08 ,2014 | by Sarah Parkin

UK Car Sales Accelerate to Hit 10-Year High

New figures from the Society of Motor Manufacturers and Traders show that new car sales are rising faster than they have in a decade.

When times are tough and the economy is sluggish, investing in a new car is rarely a top priority for many consumers. Second-hand options are usually more economical, and many will hold off purchasing a motor at all. But as new data from the Society of Motor Manufacturers and Traders (SMMT) shows, it seems things are finally picking up within the UK automotive sector.

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After Bumpy Start to 2014, World Bank Cuts China Growth Forecast

April 08 ,2014 | by Sarah Parkin

After Bumpy Start to 2014, World Bank Cuts China Growth Forecast

The World Bank has cut its growth forecast for China, but has its “bumpy start to the year” really made that much difference?

China is the world’s second-largest economy and for many analysts, it has the potential to eventually overtake the US to take the top spot. But with years of rapid growth behind it, fears have been mounting for some time that growth will slow and eventually stop impressing the world. This week, in a new report, the World Bank has cut its growth forecast for China from 7.7 to 7.6 per cent over 2014.

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RBS to Shut 44 Branches in the UK Down

April 07 ,2014 | by Hari Sri

RBS to Shut 44 Branches in the UK Down

Royal Bank of Scotland has disclosed that it has plans to close 44 of its branches around the UK, attracting widespread criticism.

Royal Bank of Scotland (RBS) is one of the banks to have borne the brunt of the public’s anger at the sector since the financial crisis. So when the taxpayer-funded bank announced earlier today that it plans to close 44 branches across the UK in response to a drop in branch transactions, customers were naturally unimpressed.

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Could Amazon Fire TV Change the Face of TV Streaming?

Could Amazon Fire TV Change the Face of TV Streaming?

With the launch of Fire TV, has Amazon done enough to beat the likes of Apple TV?

The contest between television streaming boxes was starting to look like a two-horse race between Google Chromecast and its older rival, Apple TV. So with Amazon’s announcement of its new Fire TV box, the landscape for these warring products has become much more interesting.

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Does Coal Still Have a Place in the UK Energy Market?

April 07 ,2014 | by Sarah Parkin

Does Coal Still Have a Place in the UK Energy Market?

UK Coal is seeking government support to keep itself afloat. But even if it survives, does the struggling company really have a future?

Since the large-scale closures of the 1980s, the UK’s mining industry has been a shadow of its former self, while the country has become more dependent on foreign imports of fuels to keep its power stations running. But the country’s largest remaining coal miner is now on the brink of collapse once again.

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Is Facebook Really Becoming The New Yahoo?

Is Facebook Really Becoming The New Yahoo?

Facebook has been labelled “the new Yahoo”, but is it really fair to accuse the tech firm of a lack of vision?

Yahoo was once one of the world’s leading tech companies, but since then it is safe to say that the company has not been known for its innovative approach. When Marissa Meyer was hired as the new CEO in 2012 it was widely believed it would be her mission to get the company out of the funk it had been stuck in for years. One of the biggest fears was that its status as a major player

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Why Are Businesses Stuck on Windows XP?

Why Are Businesses Stuck on Windows XP?

Microsoft is less than a week away from ending support for Windows XP. So why are so many companies still using the outdated system?

It’s safe to say that for many companies, Microsoft products have been fundamental to their success. Some of the world’s biggest – and smallest – businesses have been built and expanded on the back of Windows, not least for the Microsoft Office suite. But it seems that the relatively high cost of upgrades has put many firms off updating to the latest version.

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Guess What? Soda Sales Are Falling!

April 02 ,2014 | by LSBF Blog Staff

Guess What? Soda Sales Are Falling!

Soda sales are down in the United States to their lowest levels since 1995, according to new figures.

Students around the world have often relied on their favourite fizzy drinks to get them through long study sessions and late-night essays. But it seems that sales of some of the world’s most popular products are still on the decline.

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Mergers and Acquisitions Boosting Europe’s Economic Recovery

April 02 ,2014 | by Sarah Parkin

Mergers and Acquisitions Boosting Europe’s Economic Recovery

Europe is leading the world when it comes to mergers and acquisitions deals, new figures show. Is the business outlook finally improving?

Europe has been struggling to return to growth in the past few years. Though powerhouses such as Germany have continued to lead the way, economies like Greece, Spain, Italy and Cyprus show that not everyone has been so resilient.

But with the tide beginning to change in some of Europe’s most severely affected economies, it’s encouraging to see that sentiment is improving among businesses.

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Chinese Conglomerate Bids £450m for House of Fraser

April 02 ,2014 | by Sarah Parkin

Chinese Conglomerate Bids £450m for House of Fraser

House of Fraser was all set to float on the stock exchange, but news has emerged that a Chinese business conglomerate has mounted a last-minute takeover bid.

Chinese businessman Yuan Yafei could well become the new owner of one of the UK’s most well-established department store chains, after news emerged over the weekend that the conglomerate he controls has made a takeover bid for House of Fraser.

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From The World Of Business: March 2014 Highlights

April 01 ,2014 | by LSBF Blog Staff

From The World Of Business: March 2014 Highlights

In this round-up of the most important business news from around the world, we point you to some of the biggest news stories that have had people talking in March.

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Global Warming Impact Is Irreversible, Warns UN

March 31 ,2014 | by Sarah Parkin

Global Warming Impact Is Irreversible, Warns UN

UN experts have released a new report highlighting the serious consequences of man-made climate change.

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More Women On Boards Than Ever – But There’s More To Do

March 31 ,2014 | by Sarah Parkin

More Women On Boards Than Ever – But There’s More To Do

Inga Beale – CEO, Lloyd’s of London

 

More women are sitting on British company boards than ever before, according to new figures, but there is still plenty of work to be done.

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Leadership Development at Top of Corporate Agenda

Leadership Development at Top of Corporate Agenda

Employers see leadership development as a top priority, a new study has found, but many are struggling to implement it effectively.

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UK Trumps US And Japan In Business Competitiveness

March 27 ,2014 | by Hari Sri

UK Trumps US And Japan In Business Competitiveness

At a time when businesses are concerned about rising costs, the UK has been found to be a cheaper business destination than some of its major rivals.

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Where Now For The Indian Rupee?

March 27 ,2014 | by Hari Sri

Where Now For The Indian Rupee?

India’s currency has seen a rally in recent days, but Barclays is warning traders to beware. Where is the Indian rupee headed?

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25 Years Of The World Wide Web: What Comes Next?

25 Years Of The World Wide Web: What Comes Next?

The World Wide Web, the brainchild of Sir Tim Berners-Lee, turned 25 this month. Being one of the greatest inventions of our time, how will the future of the internet look?

It’s hard to imagine a time when the internet didn’t exist. Without social media, live TV streaming, online news channels and all the other functions we expect of the World Wide Web, society would look very different. Now, as the internet reaches its quarter-century, users are wondering what the future of the web will look like.

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Emerging Market Stocks Witness Strong Growth

March 26 ,2014 | by Hari Sri

Emerging Market Stocks Witness Strong Growth

Stocks in emerging markets such as Russia and Turkey have seen close to four days of consecutive gains. What has brought about the longest rise since October?

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Twitter Considers Losing ‘#’ Hashtags And ‘@’ Replies

March 26 ,2014 | by Hari Sri

Twitter Considers Losing ‘#’ Hashtags And ‘@’ Replies

After being listed on the NYSE in late 2013, Twitter is now thinking about losing ‘#’ hashtags and ‘@’ replies in a bid to “move scaffolding into the background”.

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6 Things You Need To Know About Bitcoin

6 Things You Need To Know About Bitcoin

The idea of a virtual currency has certainly stirred the world’s imagination. But is Bitcoin the future or just fool’s gold? Here’s a beginner’s guide to Bitcoin.

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Chinese Languages Flourish In The City Of London

March 25 ,2014 | by Hari Sri

Chinese Languages Flourish In The City Of London

French is still the top foreign language spoken in the City of London, but Astbury Marsden has found that Mandarin and Cantonese are catching up in London business circles.

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CBI: Budget 2014 “Will Put Wind in Investment Sails”

March 25 ,2014 | by Sarah Parkin

CBI: Budget 2014 “Will Put Wind in Investment Sails”

The Confederation of British Industry has applauded investment-boosting measures in the Budget presented by George Osborne, but not everyone has welcomed the announcement so strongly.

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Google Glass Partners With ‘Stylish’ Ray-Ban And Oakley

Google Glass Partners With ‘Stylish’ Ray-Ban And Oakley

Google has struck a deal with the owner of Ray-Ban and Oakley, Luxottica, to make Google Glass stylish. Will it broaden the product’s appeal?

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Why Does The Co-Operative Bank Need Another £400m?

March 24 ,2014 | by Sarah Parkin

Why Does The Co-Operative Bank Need Another £400m?

The Co-operative Bank completed a £1.5 billion recapitalisation three months ago. So why is it trying to raise another £400 million?

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