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IMF warns of hit to UK economic growth

2016-10-04 16:43:34| BBC News | Business | UK Edition

The International Monetary Fund has cut its forecast for UK economic growth next year as it warns the global recovery remains "weak and precarious".

Tags: hit growth economic warns

 

FIH Mobile warns for over 50% drop in FY profit

2016-10-04 14:41:00| Telecompaper Headlines

(Telecompaper) FIH Mobile has warned that its annual net profit this year will be over 50 percent lower than in 2015, due to "customer transitions". The company expects a profit of less than USD 110 million in 2016, meaning a drop of at least 52 percent from last year's USD 228.7 million. Revenue is expected to be less than USD 5.7 billion compared to USD 7.5 billion in 2015. FIH said it has seen some improvement in results in the second half of the year, and H2 profit should be higher than the USD 20.8 million for the first six months of 2016.

Tags: mobile drop profit fy

 
 

Nissan boss warns on UK investment

2016-09-30 03:09:05| BBC News | Business | UK Edition

The boss of Nissan warns that Brexit uncertainty and possible tariffs could damage investment in the UK's biggest car factory.

Tags: investment boss nissan warns

 

Europol warns of Android tap-and-go thefts

2016-09-28 16:25:29| BBC News | Business | UK Edition

Europol believes organised crime is using Android phones to make fraudulent tap-and-go payments.

Tags: warns android thefts

 

Global coral bleaching event might become new normal, expert warns

2016-09-22 07:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The worst global bleaching event on record could simply be the new normal, according to one of the foremost experts on coral reefs and their response to warming oceans. Mark Eakin, head of the Coral Reef Watch program at the US National Oceanic and Atmospheric Administration, has told the Guardian he was hopeful the current global bleaching event would end in 2017, but said it was possible it would just roll on, alternating between the northern and southern hemispheres as the seasons changed....

Tags: normal global event expert

 

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