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Microsoft buys LinkedIn for $26.2 billion

Digital Desk -
Microsoft is purchasing professional social network LinkedIn in a deal reported to be worth $26.2 billion. In a blog post, Microsoft revealed that it will...
BUSINESS

Shutters come down on BHS after no buyer is found for the retail chain

Digital Desk -
BHS is to disappear from the high street, resulting in the loss of up to 11,000 jobs, after administrators failed to find a buyer...
BUSINESS

Smurfit Kappa to join FTSE 250

Digital Desk -
Packaging manufacturer Smurfit Kappa Group (SKG) will be included as a constituent of the FTSE250 and FTSE All Share indexes from the close of...
BUSINESS

Bitcoins worth £9 million to be sold at auction after police seizure

Digital Desk -
About £9 million in Bitcoins will be auctioned in Sydney, Australia, after police confiscated the digital currency as proceeds of crime. Ernst & Young transaction...
BUSINESS

HSBC underlying pre-tax profits fall 18% to $5.43bn

Digital Desk -
HSBC has posted a sharp drop in profits for the first three months of the year after it was hit by "extreme levels of...
#EUREF

John Bruton: Brexit would diminish UK sovereignty

Digital Desk -
Britain leaving the EU would actually diminish its sovereignty, ex-Taoiseach John Bruton has said. The former EU ambassador to Washington said London would be stripped...
BUSINESS

Oil price fall hits London shares

Digital Desk -
The London market opened on the back foot weighed by miners and a drop in the oil price. The FTSE 100 Index fell 43.8 points...
BUSINESS

Netflix shares lose ground due to lower subscribers target

Digital Desk -
The value of shares in Netflix has fallen after the company reduced a new subscribers target. The streaming service says it is aiming to add...
BUSINESS

London Stock Exchange and Deutsche Borse agree to create giant exchange worth €26bn

Digital Desk -
The London Stock Exchange and German rival Deutsche Borse revealed plans to save more than €448m a year as they agreed a tie-up to...
BUSINESS

London Stock Exchange makes fresh bid to merge with Deutsche Boerse

Digital Desk -
The London Stock Exchange is in talks over a possible £20 billion merger with Germany's Deutsche Boerse to create one of the biggest exchange...
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