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Panasonic reports profits back in the black
Panasonic has reported a net profit of £421 million for the October-December period, compared with a £131 million loss a year earlier.Panasonic, which kept its forecast for a full-year loss unchanged,...
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British universities’ business incubator rated world’s best
A group of British universities has been rated the best in the world at helping scientists turn their creativity into cash. The SETsquared Partnership – a collaboration between the universities of...
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Nike profits up 20% in last quarter
Nike, the world’s leading maker of sporting goods, reported a 20% year on year rise in net profit for the three months ending in November. Profitable income for the period came to £530 million. Future...
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UK shares continue to recover ground as Carphone profits jump
UK shares have continued to regain some of the ground lost in the wake of the Brexit vote as Dixon Carphone’s profiits jumped by 17 pc. After rising 2.6% on Tuesday, the FTSE 100 share index opened up...
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Amazon sees profits and sales surge
Amazon has reported a profit of £351 million in its first quarter, helped by a 28% jump in sales. Sales hit £37.8 billion for the three months to the end of March, helped by rising sales of its Kindle...
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UK sees record number of foreign investment projects
A record number of investments were made by foreign firms in the UK in the year. The Department for International Trade recorded 2,213 inward investment projects, up 11% on the previous year. The data...
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Micro Focus – from takeover target to FTSE 100 newcomer
Almost exactly five years ago the UK software group Micro Focus was on the verge of being taken over. Valued at just over £500m the company was being wooed by a clutch of private equity firms. But...
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Tech Talent: Map of the UK’s digital clusters
There are more than 1.5 million “digital tech” jobs in the UK, and the sector is said to be growing faster in terms of turnover and productivity than the wider economy. Those assertions were outlined...
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Netflix shares soar as video service posts jump in subscribers
Netflix has shaken off growth worries with new subscriber numbers that beat estimates and sent its shares soaring. The video streaming company added 3.2 million international customers in the last...
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Jaguar Land Rover and Rolls-Royce Motor Cars have both reported a rise in...
Jaguar Land Rover and Rolls-Royce Motor Cars have both reported a rise in annual sales. Rolls-Royce delivered 4,011 cars to customers in 2016, a 6% increase on the previous year and its second highest...
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