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Black is white for Anglo Irish Bank’s long-suffering shareholders

PwC’s finest scientific minds attempt to prove banks can exist in two states at once




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Michael Hintze’s hedge fund hit hard by credit bets

Billionaire CQS trader hurt by exposure to default-ridden energy sector




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This market was in trouble long before the virus hit

Harsher medicine this time round would put asset prices on a better long-term footing




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UK construction sector hit by further fall in new orders

Brexit and election weigh on sentiment as builders suffer eighth month of contraction




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Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




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Capita’s shares hit as investors worry over restructuring

Chief Jon Lewis admits outsourcer has ‘more to do and requires more investment’ than expected




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Europe’s construction activity collapses as lockdown hits builders

Coronavirus damage to economy drives eurozone investor sentiment to a record low




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Coronavirus threatens €10bn hit to football transfer market

Player values tumble as Europe’s top teams prepare to cut spending after pandemic weakens revenues




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Top Wirecard shareholder calls on board to end ‘whitewash’

Union Investment says new outside executives are needed to move the company on after special audit




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Videoconferencing hit delivers biggest ever Nordic software IPO

Pexip deal marks bright spot in otherwise bleak European IPO market




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Renters and self-employed hit hard by Covid-19 lockdown

A third of self-employed reported working reduced hours during the first two weeks of lockdown




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Trainline’s investment case is at risk of hitting the buffers

Tickets website has to navigate an overhaul of UK rail’s supporting infrastructure




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Vale warns steel production cuts will hit iron ore prices

Chief expects weak demand from mills outside China to offset supply disruptions elsewhere




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Coronavirus: NY Fed economists find hardest-hit states received fewer PPP loans — as it happened

The US private sector shed a record 20m jobs in April as coronavirus lockdowns and the resulting closure of non-essential businesses led to historic joblessness

Read more




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Danish biotech: white coat catalyst

New Novozymes chief will need fresher ideas to achieve success




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Pinn’s illustration of the week: Hitting the peak?

Countries look for evidence that Covid-19 infections have passed their pinnacle




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Twitter Q1: sales up 3% to $808M as it swings to a loss on COVID-19, mDAUS hit record 166M

Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside the home and the wider economic pressures resulting from the COVID-19 pandemic. And today, Twitter reported quarterly earnings that bore this trend out. The ad-based social networking and media company said that […]




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Carmakers hit by lack of state support in emerging markets 

Suppliers that exploited cheaper labour hit by big wage bills for shuttered plants




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An already struggling smartphone market takes a big hit from COVID-19

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]




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Twitter Q1: sales up 3% to $808M as it swings to a loss on COVID-19, mDAUS hit record 166M

Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside the home and the wider economic pressures resulting from the COVID-19 pandemic. And today, Twitter reported quarterly earnings that bore this trend out. The ad-based social networking and media company said that […]




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Rode’s new white Wireless GO and accessories extend the flexibility of the most versatile creator mic

Sound industry leader Rode has done an amazing job keeping up with the needs of the fast-moving creator industry, supporting YouTubers, podcasters and Instagram and Tik Tok media mavens with a host of new products at impressive price points. The Rode Wireless GO mic system might be the most impressive of these, taking the quality […]




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AWS hits $10B for the quarter putting it on a $40B run rate

AWS, the cloud arm of Amazon, would be a pretty successful business on its own. Today, the company announced it has passed $10 billion for the quarter, putting the cloud business on an impressive run rate of more than $40 billion. It was a bright spot for the company in an earnings report that saw […]




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An already struggling smartphone market takes a big hit from COVID-19

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]




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FCA posts €1.7bn loss as plant closures hit car market

Maker of Fiat and Chrysler burns through billions of euros in cash in first quarter




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An already struggling smartphone market takes a big hit from COVID-19

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]




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KKR posts $4.2bn net loss as investment portfolio hit

Sale of German broadband provider rescues buyout firm’s performance




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Schneider Electric warns of €300m hit from coronavirus

French group braced for revenue losses this quarter despite reopening most of its China factories




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Porsche chief warns battery costs will hit carmaker profits

Blume says industry faces supply constraints because of production ‘bottleneck’




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VW hit by €2bn-a-week cash drain

World’s biggest carmakers reveal costs of pandemic shutting down factories around world




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1m car workers in Europe hit by coronavirus shutdowns

Heavy toll on jobs through lay-offs and cuts in pay and hours as one of region’s key industries comes to ‘abrupt halt’




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Hitachi anticipates wave of Chinese infrastructure spending

Japanese conglomerate expects rebound in construction industry as cities end lockdowns




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Telegram hits 400M monthly active users

Instant messaging service Telegram has amassed 400 million monthly active users, it said today, up from 300 million active users the seven-year-old service disclosed to the SEC last October. The service — founded by Pavel Durov, who also created Russian social networking site VK — said it adds about 1.5 million users each day and […]




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Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]




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Credit growth hits post GFC-high, but margins at all-time low - 7 May

Australia’s four major banks delivered combined underlying cash earnings of $15.5 billion for the first-half to March 2015.




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Google under fire for squeezing travel startups hit by coronavirus refunds

Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that’s co-signed by eight travel industry startups in which the tech giant is asked for flexibility in […]




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Downton Abbey's Jim Carter hints there WILL be a sequel to the hit movie after it scooped £136m

Downton Abbey actor Jim Carter has hinted that the big-screen adaptation of the hit period TV series will return for a sequel.




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Why it pays to be a liar: As the hit series returns, Ioan Gruffudd reveals where the story will go

Ioan Gruffudd is set to return to ITV's Liar as Andrew Earlham next month. Father-of-two who lives in LA, says he's now 'old and weathered enough' to represent anti-heroes.




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NTAs 2020: Laura Whitmore wows in a velvet thigh-slit dress

Laura Whitmore arrived at her first National Television Awards as presenter of the ITV2 dating show in a stunning black dress on Tuesday evening.




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General Circular - dated 10.10.2011 - Registration of Companies and LLPs with objective to do business of Architect

General Circular - dated 10.10.2011 - Registration of Companies and LLPs with objective to do business of Architect




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Kyly Clarke flaunts her taut physique in a sports bra and mini shorts as she hits the gym

Kyly Clarke showcased her gym-honed figure as she did an 'arm day' workout. 




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Neymar is all-white on the night as PSG superstar dons lavish suit for his 28th birthday party

The Brazilian forward was joined by friends, family and his Paris Saint-Germain team-mates at exclusive nightclub YoYo, which is just a short distance away from the Eiffel Tower.




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PSG and Borussia Dortmund have hit an incredible 193 goals between them this season

It promises to be one of the most entertaining Champions League knockout ties of all-time. Borussia Dortmund and Paris Saint-Germain have two of Europe's most lethal forward lines.




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Rhian Sugden sizzles in plunging white jumpsuit

Rhian Sugden looked radiant as she attended The Rose and Caramel White Party at History Nightclub in Manchester on Saturday night.




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Caroline Flack supports Laura Whitmore as Love Island host

Taking to Instagram Stories, the presenter, 40, voiced her support for the Irish star, while admitting she's still going through 'a really rough time' after stepping down as host earlier this week.




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Lewis Burton downcast after Caroline Flack's Love Island replacement revealed as Laura Whitmore

The tennis player, 27, appeared to be having a tense-looking phone call after taking a taxi to a leafy suburb in London following his girlfriend's assault charge last week.




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Lottie Moss shares black and white topless Instagram photo

Lottie Moss raised eyebrows once again when she posted a sizzling topless snap on her Instagram account on Tuesday.




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Amir Khan's wife Faryal Makhdoom cradles her blossoming baby bump after boxer hit back at trolls

The social media sensation, 28, didn't let the incident phase her, as she took to Instagram to share the snap on Friday.




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Rochelle Humes wears white swimsuit on Maldives holiday

She has been living it up in the Maldives with husband Marvin and their two children. And Rochelle continued to share stunning snaps from their lavish getaway as she took to Instagram on Monday.




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Meghan Markle and Prince Harry hit 10m Instagram followers

Kate Middleton and Prince William's Kensington Royal Instagram account has 10.6 million fans, while Meghan Markle and Prince Harry's profile has just reached 10 million overnight.




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Sussex Royal hit 11m followers - and are now head to head with Kensington Royal 

The Duke and Duchess of Sussex have hit 11 million followers on Instagram, catching up with the Duke and Duchess of Cambridge just two days after they were still 100,000 fans behind them.