William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the “crack cocaine” of gambling by their critics.
Government bonds held near multi-year lows on Thursday on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, pushing world stocks to new 18-month highs.
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy.
South Korea said on Thursday it may retaliate against Japan’s latest export limits on high-tech materials, as a row over forced wartime labor threatened to disrupt global supplies of memory chips and smartphones.
William Hill plans to close 700 of its 2,300 British betting shops, putting about 4,500 jobs, a third of its workforce, at risk after the government cut the maximum stake on fixed-odds betting terminals to tackle problem gambling.
Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time of shrinking margins.
William Hill plans to close 700 licensed betting shops, putting about 4,500 jobs at risk, after the British government put a 2 pound cap on fixed odds betting terminals (FOBT) in an effort to reduce problem gambling.
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.
BMW and Daimler have entered into a long-term development partnership for automated driving involving 1,200 technicians from both companies, BMW said on Thursday.
Government bonds held near multi-year lows on Thursday on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, pushing world stocks to new 18-month highs.
Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday.
Superdry has appointed former finance heads of M&S and New Look to its board, months after the UK fashion retailer’s founder Julian Dunkerton rejoined after a bruising boardroom battle that saw most of its directors leave.
The framed coat of arms hanging in the headquarters of the Hanley Economic Building Society in Stoke-on-Trent depicts two squirrels in ermine robes above the motto ‘Save Safely, Build Surely’, which the mortgage lender’s customers have duly done for over 150 years.
Asian stocks advanced on Thursday, tracking solid gains on Wall Street as weak economic data in the United States bolstered the prospect of rate cuts by the Federal Reserve as soon as this month.
Australia’s consumer watchdog has sued Samsung Electronics Co Ltd’s Australian unit for allegedly misleading consumers by promoting water-resistant Galaxy smartphones as suitable to use in swimming pools and the surf.
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