Business

Image copyright Getty Images The creator of a hugely popular video-sharing app has announced it is branching out into making smartphones. TikTok is the fastest-growing social media app, with about 500 million regular users. The app, which lets people post 15-second videos, is estimated to have been downloaded more than a billion times on app […]

Image copyright Getty Images Image caption Zimbabwe’s old currency was issued in millions and billions of dollars before being phased out A drug dealer who used dark web marketplaces to ply his trade apparently used part of the proceeds to buy vast quantities of Zimbabwean cash. The FBI said Richard Castro, of Florida, had bought

Image copyright Getty Images Image caption The alleged hacker was arrested on Monday The personal details of about 106 million individuals across the US and Canada were stolen in a hack targeting Capital One systems, the company has revealed. The announcement came after the alleged hacker was arrested on Monday. According to Capital One, the

Image copyright Getty Images Dutch food-delivery firm Takeaway.com wants to buy Just Eat in a deal valued at £8.2bn. But has it bitten off more than it can chew? Just Eat says it’s “on a mission to create the world’s greatest food community” – and the proposed tie-up with with Takeaway.com would make it one

Image copyright BOWL Image caption Beatrice is an offshore wind farm off Scotland’s Caithness coast Scotland’s largest offshore wind farm has been officially opened by Prince Charles. The Beatrice Offshore Wind Farm, located about eight miles (13km) off the coast of Wick in the far north, can generate enough energy to power 450,000 homes. The

Image copyright Getty Images The pound sank to a 28-month low against the dollar as Boris Johnson’s government toughened its rhetoric on Brexit. Sterling dipped 1.1% to $1.2242 and €1.1004 respectively. The currency could fall further, according to analysts at ING Group, as traders appear to have been betting on a last-minute deal being reached.

Image copyright Rex Features Well-known stockpicker Neil Woodford’s flagship fund is likely to remain locked to investors for several months, it has been confirmed. The suspension of his Woodford Equity Income Fund is unlikely to be lifted until December. The news was revealed by the fund’s authorised corporate director Link Fund Solutions in a letter

Image copyright Getty Images The Irish government has been clear that a no-deal Brexit would cause significant damage. The first major study, commissioned early in 2018, estimated that no deal would reduce growth by 7% over the next 10 years, compared with a scenario where the UK stayed in the EU. In June, Finance Minister

Image copyright Getty Images An Airbnb host who rented out his central London council flat to tourists has been fined £100,000 and evicted. Council tenant Toby Harman, 37, created the fake identity “Lara” on Airbnb to rent out his studio apartment. The flat, in Victoria, had been advertised since 2013 and received more than 300

Image copyright Getty Images Just Eat has agreed a deal to combine with Dutch rival Takeaway.com to form one of the world’s largest food delivery firms. The joint group would be valued at about £8.2bn, and bring together businesses that process 360 million annual orders worth €7.3bn (£6.6bn). Just Eat is considered by analysts to