Business

Samsung Electronics chief says sorry for scandal

[ad_1] Image copyright Reuters Samsung Electronics has apologised to shareholders for its role in a corruption case that led to South Korea’s president being impeached. “I’m sorry for the scandal,” chief executive Kwon Oh-hyun said at the company’s annual meeting in Seoul. Samsung Group boss Jay Y. Lee is accused of bribing a friend of […]

Business

Why Apple's red iPhones are not 'Red' in China

[ad_1] Image caption Apple’s special-edition red iPhone 7 and 7plus launch in over 40 countries, including China, on Friday Apple’s latest iPhone might be red, but it’s not Red in China. The special-edition version of the iPhone 7 and 7plus goes on sale in more than 40 countries, but China has done it slightly differently. […]

Business

Ads in your eye

[ad_1] Image copyright Lightvert Image caption Blink and you’ll miss it Passers-by on a London street were recently amazed to see a fleeting image of a pink tongue protruding from fruitily plump lips, seemingly suspended in mid-air. It was the famous logo for the Rolling Stones and was part of an experiment by tech start-up […]

Business

New broom

[ad_1] Image copyright EPA Image caption Game faces on: The drivers are gearing up for the new season Much has changed in Formula 1 since Lewis Hamilton took the chequered flag at last year’s season finale in Abu Dhabi. The reigning world champion, Nico Rosberg, has walked off into the sunset. The cars have evolved, […]

Business

Kids and meditation – it's a business, of course

[ad_1] Rising stress levels for children in Asia are being blamed for all sorts of issues – from headaches to anxiety attacks and, in some cases, suicide. From this, there’s been a rise in demand for classes that teach kids meditation and mindfulness, among other relaxation techniques. Proponents say it helps children better cope with […]

Business

Next shares leads FTSE 100 higher

[ad_1] Image copyright Getty Images London’s main share index gained ground on Thursday led by retailer Next, as investors reacted to its results. The FTSE 100 index ended the day 15.99 points or 0.22% ahead at 7,340.71. Next shares jumped by 8% despite the retailer reporting its first fall in annual profits for eight years, […]

Business

Kenya starts selling bonds via mobile phones

[ad_1] Image copyright Getty Images Image caption Kenya’s government is initially seeking to raise $1.5m (£1.2m) from the mobile bonds Kenya has become the first country to exclusively sell government bonds to citizens via their mobile phones, as it seeks new ways of raising money. The country is already a pioneer in the use of […]

Business

What Next for shops?

[ad_1] Image copyright Reuters If you want a clear explanation of what’s wrong with the retail sector, read Next’s results statement. Not a recommendation you’d hear very often, frankly, about most companies’ financial reporting. But rather than seeming designed to confuse and mislead, Next’s report crisply spells out the challenges it’s facing. And of course […]