- PA Media: Money
Pension ‘blind spots’ related to key life events uncovered by survey
Many people are unaware they could access their pension early due to severe ill health or keep paying in during parental leave, a survey found.
- PA Media: Money
Amazon failing to stem ‘flood’ of fake reviews – Which?
The consumer group found a number of devices that had 'exceptionally high' ratings on Amazon but fell short in its own testing.
- PA Media: Money
Twice as many ‘think their finances will worsen in 2020 rather than improve’
While 29% predict their finances will worsen, only 14% expect to see an improvement, StepChange Debt Charity said.
- Bloomberg UK
Banks to Lose 200,000 Jobs Due to Automation Over Next Decade, Analyst Mayo Says
Oct.22 -- Michael Mayo, Wells Fargo Securities senior bank analyst and head of U.S. large-cap bank research, discusses the outlook for financial technology's impact on the banking industry with Bloomberg's Taylor Riggs on "Bloomberg Technology."
- Bloomberg UK
How Tech in McDonald's Creates Growth
Oct.22 -- Brett Levy, MKM Partners senior analyst, discusses McDonald's earnings on 'Bloomberg Markets: The Close.'
- Reuters
French media company Banijay close to buying Endemol - source
The deal would end a months-long, bumpy race for Endemol Shine to find a buyer. The combined group with Banijay, which produces "The Temptation Island," would generate close to 3 billion euros in annual revenue, beating British rival ITV. Netherlands-based Endemol, co-owned by Walt Disney
Sky videoCan UK businesses avoid no-deal Brexit fallout?
Sky News Business Correspondent Paul Kelso looks at the challenges facing industries as the government launches its 'no-deal contingency plans'.
- Bloomberg UK
Oxford Economics's Stillo on Canada's Economy After Trudeau Re-Election
Oct.22 -- Tony Stillo, Oxford Economics director of Canada economics, explains what Justin Trudeau's re-election means for Canada and its economy. He speaks with Joe Weisenthal, Romaine Bostick and Caroline Hyde on "What'd You Miss?"
- Bloomberg UK
Despite Criticism, Leveraged Lending Has Been a Safe Investment: Churchill's Schwimmer
Oct.22 -- Collateralized loan obligations -- typically chock-full of broadly-syndicated debt -- are increasingly being stuffed with private loans made to highly leveraged medium-sized companies with limited access to bank financing. Known as middle-market CLOs, the asset class has ballooned to $57 billion
- The Telegraph
Snapchat piles on users worldwide after successful Android relaunch
Snapchat's daily active users have soared from 203m to 210m in the three months ending in September, buoyed by strong growth outside its core markets of Europe and North America.
- PA Media: Money
Snapchat reveals rise in user numbers and revenue as losses shrink
App gained an extra seven million daily active users in the latest quarter, bringing its total to 210 million.
- PA Media: Money
Boeing makes boardroom changes in wake of 737 Max crashes
Hundreds of lives were lost in the incidents in Indonesia and Ethiopia.
- Bloomberg UK
What Texas Instruments' Weak Forecast Signals About the Broader Economy
Oct.22 -- Texas Instruments Inc. gave a weaker-than-expected forecast for the current quarter, causing concern that a rebound in demand for semiconductors will take longer than investors hoped. Bloomberg Intelligence's Anand Srinivasan has more on "Bloomberg Markets: What'd You Miss?"
- Reuters
Whirlpool sales miss estimates as Latin America drags
Net sales in the Latin American unit fell 28% to $632 million (£490.38 million) in the third quarter. Chief Executive Officer Marc Bitzer attributed the decline to the sale of the company's Embraco compressor business and to a small extent to currency changes. Whirlpool has been looking to sell
- Bloomberg UK
Bloomberg Market Wrap 10/22: U.S. Dollar, McDonald's, Semiconductor Stocks
Oct.22 -- Bloomberg market reporters take a deep dive into all of today's action.
- Reuters
J&J CEO testified Baby Powder was safe 13 days before FDA bombshell
LOS ANGELES/NEW YORK (Reuters) - Facing off against a plaintiff’s lawyer for the first time about Johnson & Johnson’s Baby Powder, the company’s Chief Executive Alex Gorsky earlier this month insisted that the company’s iconic brand was safe. “We unequivocally believe that our talc and our baby powder
- Reuters
Intel files antitrust case against SoftBank-backed firm over patent practices
The complaint filed late Monday in the U.S. District Court for the Northern District of California in San Jose alleged that Fortress Investment Group, which SoftBank bought in 2017 for $3.3 billion, acquired control of more than 1,000 U.S. technology patents. Intel said that Fortress and other companies
Sky videoCan UK businesses avoid no-deal Brexit fallout?
Sky News Business Correspondent Paul Kelso looks at the challenges facing industries as the government launches its 'no-deal contingency plans'.
- Reuters
Norway's Telenor, Sweden's NENT to merge TV distribution units
Norway's Telenor ASA and Sweden's Nordic Entertainment Group AB (NENT) will merge their Canal Digital and Viasat Consumer units to form a major regional TV distribution company, the two firms said on Tuesday. The new business, in which Telenor and NENT will own 50% each, will have combined
- Reuters
Pound falls against dollar, euro after UK lawmakers reject Brexit timetable
The British pound fell against the dollar and the euro after UK lawmakers on Tuesday rejected the government's proposed timetable for passing legislation to ratify its Brexit deal. The vote leaves Prime Minister Boris Johnson's vow to leave the European Union by the end of the month in doubt
- Reuters
Air New Zealand to start non-stop Auckland to New York route in 2020
New Zealand's flag carrier said it will use its 787-9 Dreamliner models made by Boeing Co for the new route. Earlier this week, Australia's flag carrier Qantas completed a nonstop test flight to Sydney from New York, researching what impact the world's longest potential commercial airplane
- Bloomberg UK
Syngenta Plans to IPO in Next 2.5 Years, CEO Erik Fyrwald Says
Oct.22 -- Erik Fyrwald, Syngenta chief executive officer, discusses the company's initiative to tackle climate change and the future of the agrochemical industry with Bloomberg's Shery Ahn and Amanda Lang on "Bloomberg Markets."
- The Guardian
The Just Eat takeover battle is promising a delicious showdown
With two big rival offers on the plate the food delivery giant can afford to sit back and await another helping. It’s still feels slightly odd that Just Eat, which only recently seemed to be a smartphone app plus a few blokes on mopeds, is a FTSE 100 company. But it’s time to acknowledge modern munching
- Reuters
Spanish court to probe Russian tycoon's bid for DIA supermarket chain - document
Spain's High Court will investigate allegations that Russian tycoon Mikhail Fridman acted to depress the share price of DIA when trying to take control of the supermarket chain, a court document seen by Reuters showed. Fridman's LetterOne fund denied the allegations on Tuesday, saying in a
- Reuters
Fiat Chrysler to build new car battery hub in Turin
Fiat Chrysler will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros, the carmaker said on Tuesday. Batteries produced in the new complex will be used by the new generation of full electric models that the company is planning to roll
