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Evening Star News

Warning over ‘Nottingham knockers’ on doorsteps across Suffolk (1 hour 3 minutes old)

Householders in Suffolk are being warned about “Nottingham Knockers” operating across the county, following a series of unwanted house calls.

How Suffolk taxpayers’ cash is helping pay for huge £40m Sproughton warehouse (1 hour 46 minutes old)

It is impossible to drive along the A14 and miss the giant looming silhouette of LDH La Doria’s new £40m Sproughton warehouse as it begins to take shape.

Ipswich hair salon has chance to be best in Britain after winning regional finals (1 hour 58 minutes old)

An Ipswich hair salon has secured its place as one of the best in the country after winning a regional L’Oreal award, putting them through to the national finals.

Police seize car from driver with revoked licence (2 hours old)

A driver with a revoked licence has had their car seized in Ipswich.

Nigel Farage heading to Clacton for Brexit Party rally (2 hours old)

Brexit Party leader Nigel Farage is due to hold a rally outside Clacton Pier on Wednesday lunchtime in a bid to stir up support for his new party according to its Twitter account.

Busy road closed near Stonham Aspal after motorcycle crash (3 hours old)

A busy road in Suffolk has been closed by police while they investigate a crash involving a motorcyclist.

Did you join in the Easter party weekender at Yates on Saturday night? (3 hours old)

Partygoers celebrated the Easter weekend in style by letting their hair down at Yates in Ipswich. Were you there joining in the fun?

A12 slip road closed following vehicle fire (3 hours old)

Police have closed an exit of the A12 northbound towards Washbrook and Copdock as fire crews tackle a vehicle on fire in the road.

Bid to thwart pair of new houses in Suffolk village looks set to fail (4 hours old)

An attempt to stop two new homes being built on a small patch of land in a Suffolk village looks set to fail - after planners recommended that the houses be given the go-ahead.

‘Nightmare’ of crime ‘plaguing’ Ipswich town centre, club warns (5 hours old)

A social club chairman has described the “nightmare” of crime and anti-social behaviour “plaguing” an area of Ipswich.

UK homepage

US ends sanctions waivers on Iranian oil imports (4 hours old)

White House says Saudi Arabia and UAE will help ensure ‘sufficient supply’ in markets

Why American CEOs are worried about capitalism (14 hours old)

Fearing a backlash against business if a Democrat wins the White House, some chief executives are pushing for pre-emptive reforms

Kraft Heinz replaces CEO after $15bn writedown (3 hours old)

Hees departs as group faces SEC probe and questions about strategy

UK steps up probe of tax ‘underpayment' by US groups (2 hours old)

Authorities suspect American multinationals avoiding billions in taxes due in Britain

Missed warning exposes split in Sri Lanka government (2 hours old)

Authorities blame Islamist group for attack but little is known about it

May takes lead in bid to rescue Brexit talks (1 day old)

Tory leader pursues breakthrough with Labour as EU election date looms

A new era requires an optimistic new model in Japan (2 hours old)

The success or failure of efforts to inject dynamism into the country will affect the whole world

Swine fever ravages China’s pig farms and shakes food markets (6 hours old)

Pork prices forecast to soar as deaths from disease expected to reach 130m

Brexit has a chance to kick-start a period of radical change (6 hours old)

Britain could end up being one of the most interesting and revolutionary places

UK store closures set to top 1,000 as CVAs mount (22 hours old)

Debenhams, Paperchase and Monsoon pursue insolvency

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Business | The Guardian

Three children of Asos billionaire killed in Sri Lanka attacks (3 hours old)

All but one of Anders Holch Povlsen’s four children have died after series of explosionsSri Lanka bombings: latest updatesThree children of the billionaire fashion tycoon behind Asos have been killed in the Sri Lanka terrorist attacks.Anders Holch Povlsen is Denmark’s wealthiest man with a net worth of $7.9bn (£6.1bn), according to the business magazine Forbes, and is believed to be the largest landowner in Scotland after buying a string of historic estates. Continue reading...

Tesla investigates video of Model S car exploding (3 hours old)

The video, widely shared on China’s Twitter-like Weibo, shows the parked EV emit smoke and burst into flames seconds laterTesla has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving the company’s cars.The video, time stamped Sunday evening and widely shared on China’s Twitter-like Weibo, shows the parked EV emit smoke and burst into flames seconds later. A video purportedly of the aftermath showed a line of three cars completely destroyed. Continue reading...

Bramson v Barclays: big week for investor before AGM battle (2 hours old)

US-based activist investor will ramp up pressure on bank if first-quarter results fail to impressThe activist investor Edward Bramson will this week ramp up his battle with the Barclays chief executive, Jes Staley, in his attempt to force the group to scale back its poorly performing investment banking division and install him on the board.Bramson, a British-born lawyer based in New York, has built up a 5.5% stake in Barclays via his Sherborne Investors vehicle, making him the third-largest shareholder after the investment fund BlackRock and Qatar’s sovereign wealth fund. Continue reading...

Walt Disney heir says paying chief executive £50.5m is 'insane' (1 hour 20 minutes old)

Abigail Disney complains that Bob Iger receives 1,424 times more than company averageAn heir to the Walt Disney fortune has described the $65.6m (£50.5m) paid to the company’s chief executive, Bob Iger, as “insane”.Abigail Disney, an Emmy award-winning filmmaker and granddaughter of the Disney co-founder Roy Disney, said it was outrageous that Iger was paid 1,424 times more than the company’s average pay for an employee last year. Iger’s 2018 pay package increased by 80% from $36.3m in 2017. He also collected $43.9m in 2016. Continue reading...

Facebook profits likely to fall after fake news and privacy scandals (3 hours old)

Analysts predict first quarterly drop in earnings since 2015 on $3bn rise in turnover Facebook is this week expected to report a rare decline in profits after a string of privacy breaches and fake news scandals.With its founder and chief executive Mark Zuckerberg under pressure to clean up the social network, analysts predict the company’s net profit will drop to $4.7bn (£3.6bn) in the first quarter, from nearly $5bn a year ago. Continue reading...

Former Nissan boss Carlos Ghosn hit with fresh charge in Japan (11 hours old)

Prosecutors file fourth formal indictment for allegedly siphoning company funds for personal useJapanese prosecutors have charged the former Nissan chairman Carlos Ghosn with aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire.The charge, on Monday, ensures that Ghosn will remain in custody pending another bail attempt by his lawyers. Continue reading...

Britons without a bank account 'pay a £485 poverty premium' (19 hours old)

Number of unbanked people has fallen to 1.2 million, but they miss out on discountsBritons who do not have a bank account face paying up to £485 extra each year for bills and basic services, according to a report.The 1.2 million so-called unbanked individuals are said to pay a “banking poverty premium” because they are missing out on preferential deals and discounts on utility bills, mobile phone contracts, broadband and personal loans. Continue reading...

Finance workers three times as likely to have parents in same sector (19 hours old)

Research shows lack of diversity narrows talent pool and obstructs social mobilityTwo in five people working in British banking have parents who also worked in the sector – more than three times the national average for other types of jobs.Some 41% of financial services employees had parents working in the same sector, against a national average of 12% across other sectors, research by the accountants KPMG showed. In insurance, more than half of staff had followed their parents into the industry. Continue reading...

Potential bidders circle Thomas Cook as it hires turnaround specialist (1 day old)

China’s Fosun is among number of groups interested in buying all or part of holiday operatorThomas Cook, Britain’s oldest package holiday operator, could be split up in a takeover that may lead to its high street stores and package deals being bought by a Chinese conglomerate.The company, which is struggling with a fall in demand for package holidays and fierce online competition, is being circled by potential bidders after a string of profits warnings and an 80% drop in its share price over the past year. Continue reading...

'Costs are crippling': more than 900 British pubs vanished in 2018 (13 hours old)

Annual review shows low consumer confidence and high business rates remain a hurdleMore than 900 pubs vanished from communities in Britain last year, as the industry was hit by intense cost pressures and business rate increases.A total of 914 pubs disappeared in 2018, according to the real estate data company Altus Group’s annual review, due to be released this week. Continue reading...

Guardian News and Media Limited or its affiliated companies. All rights reserved. 2019

Telecoms

Huawei revenue rises 39% despite US pressure on 5G (13 hours old)

Chinese group says it shipped 70,000 5G base stations and 59m smartphones in first quarter

The global 5G race is not yet won (19 hours old)

It is important which countries build their networks first, but it’s not the only factor in success

Qualcomm head proves his mettle fending off Apple (3 days old [19/04/19])

Steve Mollenkopf emerges as clear winner in epic legal battle against Tim Cook

FCC chair opposes China Mobile’s effort to enter US market (4 days old [18/04/19])

Ajit Pai urges telecoms watchdog to vote against company’s application next month

Huawei promises a $600 5G smartphone (4 days old [18/04/19])

Chinese group throws down challenge to rivals with cut-price handset

Qualcomm’s deal with Apple transforms 5G outlook (5 days old [17/04/19])

End to legal marathon boosts US supplier of next-generation technology

Huawei says it has no 5G deals in mainland China (6 days old [16/04/19])

Disclosure comes as analysts say country has scaled back roll-out of technology

Huawei in Germany, ECB pressure, Apple v Qualcomm (7 days old [15/04/19])

Germany’s telecoms regulator says Huawei can stay in the 5G network race

German regulator says Huawei can stay in 5G race (8 days old [14/04/19])

Agency defies US call for ban on Chinese group provided it abides by data secrecy rules

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Technology sector

Business leaders are blinded by industry boundaries (5 hours old)

Senior people rise to the top by mastering metrics in their sector, shaping the way they look at the world

US tech IPOs: viva loss vagueness (6 hours old)

Start-ups with the biggest private valuations may not be the first to make a move

Brexit has a chance to kick-start a period of radical change (6 hours old)

Britain could end up being one of the most interesting and revolutionary places

Huawei revenue rises 39% despite US pressure on 5G (13 hours old)

Chinese group says it shipped 70,000 5G base stations and 59m smartphones in first quarter

Online start-ups target $120bn travel activities market (15 hours old)

Newcomers backed by SoftBank, Sequoia and others take on Airbnb, TripAdvisor and TUI

The global 5G race is not yet won (19 hours old)

It is important which countries build their networks first, but it’s not the only factor in success

Trade war with US delays China’s rules curbing data transfers (21 hours old)

Multinational companies face pressure from Beijing to localise data

‘Persuasive technologies’ prompt child health fears (1 day old)

Companies need to get ahead of the issue before regulators do

Millions of people in the UK expect accounts to be hacked (1 day old)

Breached accounts found to have used easy-to-guess passwords such as 123456

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

BBC News - Business

Asos billionaire loses three children in Sri Lanka attacks (7 hours old)

Danish billionaire Anders Holch Povlsen and his family were visiting Sri Lanka, where three of his four children died.

Britain breaks coal-free power record over Easter weekend (2 hours old)

UK sees longest continuous period without generating electricity from coal as temperatures soar.

Iran oil: US to end sanctions exemptions for major importers (1 hour 34 minutes old)

The move, which could affect five countries, is intended "to bring Iran's oil exports to zero".

Carlos Ghosn: Former Nissan boss hit with fresh charge (11 hours old)

Carlos Ghosn, who denies any wrongdoing, now faces four charges in Japan over misconduct allegations.

Samsung Galaxy Fold launch events delayed in China (7 hours old)

Two events are postponed following reports of broken screens from smartphone reviewers.

Lack of bank account 'costs £500 extra a year' in bills (11 hours old)

People without a bank account pay more for energy, loans and mobile phone deals, research suggests.

Tesla says investigating car explosion in Shanghai (14 hours old)

A video circulating on Chinese social media appears to show a parked Tesla car erupting into flames.

Seventy-six pubs 'shutting per month', but closure rate slowing (23 hours old)

But the rate of closure is slowing because of cuts to business rates, new research suggests.

Thomas Cook reportedly receives bids for firm (1 day old)

It put its airline up for sale in February, but suitors have also expressed interest in the whole company.

Millions using 123456 as password, security study finds (1 day old)

A list of all-too-predictable choices for breached accounts includes 123456 and "Liverpool".

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UK equities

Dark days for London IPOs not all down to Brexit (3 days old [19/04/19])

Not since 2012 has LSE’s IPO count failed to break double figures by Easter

Stocks to watch: Unilever, Moneysupermarket, Mustang Bio, Indivior (4 days old [18/04/19])

US rival’s results help boost tool hire specialist Ashtead

Stocks to watch: Bunzl, Mediclinic, Burberry, Moncler, AJ Bell, SSE (5 days old [17/04/19])

Jewellery makers look the best value among luxury goods stocks, says Bernstein

Opening Quote: Property group Countryside sees pick-up in demand for houses (5 days old [17/04/19])

Your morning City briefing on companies in the news, job moves and what’s happening in the markets

JD defies high street gloom and sprints ahead (6 days old [16/04/19])

Your morning City briefing on companies in the news, who’s moving jobs and what’s happening in the markets

Stocks to watch: Galliford Try, Hays, Anglo American (6 days old [16/04/19])

BP can lift cash returns but earnings risks are growing, says RBC

Stocks to watch: IWG, Compass, Indivior, Reckitt Benckiser (7 days old [15/04/19])

Strengthening competition threatens Centrica’s dividend, says JPMorgan

Diversification trumps returning capital to investors (9 days old [13/04/19])

Ambitious chiefs put their own interests first as Apple’s pivot into entertainment shows

The London Report: Plus500 hit by weak quarterly results (10 days old [12/04/19])

The contracts-for-difference broker blamed on low volatility

Stocks to watch: Plus500, Pets at Home, Entertainment One, Randstad (10 days old [12/04/19])

A part-sale of Kaz Minerals’ Russian project would help ease fears, says UBS

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Opinion

BRI-inclined Europeans need keen eye for detail (1 hour 36 minutes old)

China’s Belt and Road Initiative has had drawbacks elsewhere

A new era requires an optimistic new model in Japan (2 hours old)

The success or failure of efforts to inject dynamism into the country will affect the whole world

CRH/building materials: concrete results sought (3 hours old)

Executive pay must rise in line with company scale

Big tests loom for Ukraine’s ‘break the system’ TV president (3 hours old)

Whether comedian Volodymyr Zelensky is really his own man may soon become apparent

Political barbs of imperial era TV dramas enthral Chinese viewers (4 hours old)

Enthusiasts see soft power potential of costume intrigues set in dynastic palaces

Business leaders are blinded by industry boundaries (5 hours old)

Senior people rise to the top by mastering metrics in their sector, shaping the way they look at the world

US tech IPOs: viva loss vagueness (6 hours old)

Start-ups with the biggest private valuations may not be the first to make a move

Brexit has a chance to kick-start a period of radical change (6 hours old)

Britain could end up being one of the most interesting and revolutionary places

The promise and perils of Bolsonaro’s Brazil (6 hours old)

Behind the populist tweets, important reforms are taking shape

Chinese electric vehicles: the ohm guard (7 hours old)

Carmakers BYD and BAIC are charged up for growth

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Ipswich