News from Daily Mail

US hurricanes hit National Grid's profits by 6% with 7.8m power cuts affecting 532,000 people

Power supplier National Grid took a hit from the cost of cleaning up after US storms, as profits fell 6 per cent to £2.6billion. In September its staff faced 7.8m power cuts caused by Hurricane Irma in Florida and Georgia, and October storms affected...

Thursday, 22:13 in Business
 

Deal that turned Ocado into a global tech titan: Online grocer's value up more than £2bn after tie-up with...

Ocado shares soared by as much as 75 per cent after a landmark deal with one of America's biggest supermarkets transformed it into an international technology heavyweight. The landmark deal for Ocado, which saw its value climb by more than £2billion,...

Thursday, 22:13 in Business
 

Spanish hotel costs eat into Thomas Cook profits as travel agent sees an 80% boost in bookings for Turkey

Thomas Cook warned that hotel costs in Spain were eating into profits. The travel operator has been turning its focus away from the country even though it remains its most popular destination, with 1.3m customers travelling there in the six months to...

Thursday, 22:13 in Business
 

DAILY BRIEFING: US Senate votes to protect 'net neutrality' rules that stop ISPs from favouring customers

NET NEUTRALITY The US Senate has voted to protect ‘net neutrality’ rules that stop internet service providers from favouring some customers. It could see a decision by the Federal Communications Commission to scrap the rules overturned, if also...

Thursday, 22:13 in Business
 

European privacy rules crackdown may stop Royal Mail sending 700m junk letters

Around 700m fewer letters will be sent this year following a shake-up of European privacy rules, warns Royal Mail. The changes coming into effect next Friday would see the decline in letters accelerate, it says. It is because the new rules, known as...

Thursday, 22:13 in Business
 

MARKET REPORT: FTSE 100 at record high as jobs joy and Bank's decision to postpone an interest rate rise...

The surging UK jobs market created another record last night as the FTSE 100 closed at a record high. The index ended the day up 53.77 points at 7787.97, nearly ten points clear of its previous closing record of 7778 on January 12. Stocks were also...

Thursday, 22:13 in Business
 

CITY DIARY: Publican Charlie McVeigh's wife is elected as a Tory councillor for Kensington

Cheery publican Charlie McVeigh is planning for life as a devoted political spouse after flogging his Draft House chain of watering holes to Brewdog for £15million. Sophia, the wife of the whiskery Old Etonian, has been elected as a Tory councillor...

Thursday, 22:13 in Business
 

New Legal & General Future World Gender in Leadership fund - will pump cash into firms which employ more women

Savers are being encouraged to back gender diversity through a new fund from Legal & General Investment Management (LGIM). The L&G Future World Gender In Leadership fund – or Girl for short – will pump extra cash into firms which employ more...

Thursday, 22:13 in Business
 

New children’s clothing and toy shop launched by the man who brought Flying Tiger to the UK

The man who made millions bringing the Scandinavian high street retailer Flying Tiger to the UK has opened a French children’s clothing and toy shop. Philip Bier has opened ID Kids in a shopping centre in Wandsworth, south-west London, otherwise known...

Thursday, 22:13 in Business
 

ALEX BRUMMER: How will Amazon, Walmart and the Teamsters union respond to Ocado's wild West push?

Delays in launching Ocado into global orbit have been a little like waiting for Godot. Hedge funds used it to justify making Tim Steiner’s outfit among the most shorted stocks in the FTSE 250, and at least one analyst suggested a fair valuation for...

Thursday, 22:13 in Business
 

Sky and Fox takeovers would make Comcast the world's second-most indebted company with £123bn borrowed

The owner of Universal Studios could become the world's second-most indebted company if it takes over Sky and 21st Century Fox's entertainment businesses. Moody's, the credit rating agency, warned the potential deals would more than double Comcast's...

Thursday, 22:13 in Business
 

Cannes Film Festival: Adriana Lima flaunts her cleavage in perilously low gown at amfAR Gala

Her sartorial displays have been making waves during her enviable appearances at the 71st Cannes Film Festival. And Adriana Lima, 36, was once again turning heads for all the right reasons on Thursday night as she arrived to the 25th amfAR Gala held...

Thursday, 22:04 in Showbiz
 

Cannes Film Festival: Elsa Hosk flaunts her sensational legs in sizzling scarlet ballgown at glittering...

She's a Victoria's Secret angel known for her heavenly sartorial displays on and off the red carpet. And Elsa Hosk looked devilishly fashionable as she sizzled in a scarlet ballgown as she arrived at the amfAR Gala at the Hôtel du Cap during the 71st...

Thursday, 22:04 in Showbiz
 

Nikki Bella admits she put wedding to John Cena 'on pause' because feeling she was making a mistake 'was...

Nikki Bella has made a candid admission about her cancelled wedding to John Cena. The 34-year-old reality TV star told Access that she put the wedding 'on pause' when the feeling that she was making a mistake 'literally was just eating me alive.' This...

Thursday, 22:04 in Showbiz
 

Cannes Film Festival: Pierce Brosnan gets touchy-feely with wife Keely Shaye Smith as they lock lips during...

While he's spent years making fans swoon in such titular roles as James Bond and Remington Steele, he's only ever had eyes for his beloved wife, Keely Shaye Smith. And Pierce Brosnan, 65, showed just how enamoured he remains of his 54-year-old spouse...

Thursday, 22:04 in Showbiz
 


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