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Shake Shack Shares Sizzle On Market Debut

Written By Unknown on Sabtu, 31 Januari 2015 | 14.47

By Sky News US Team Shake Shack, a former New York City food cart which is now a gourmet burger chain challenger to McDonald's, rocketed upon its stock market debut on Friday. Shares spiked nearly 120% to close at $45.90 on Friday, valuing the chain...
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Pay Crash Hit Those In Twenties Hardest

A report examining the damage to wage levels following the financial crisis has found that people aged between 22 and 29 have been hit hardest. The research by the Institute for Fiscal Studies (IFS) said that wage levels remained below their peak...
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US Economic Growth Slows To 2.6% Annual Rate

US economic growth slowed in the final quarter of 2014, but its performance was enviable when compared to new woes for the eurozone and Russia. It was confirmed on Friday that the fastest pace of US consumer spending since 2006 was offset by lower...
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Tesco Drink Recalled Over 'Disgusting Smell'

Written By Unknown on Kamis, 29 Januari 2015 | 14.47

Tesco has recalled one of its own-brand squash drinks after customers complained of a "disgusting smell" and some children were reportedly left vomiting. Some parents have raised the possibility that it could have caused their children's upset stomachs....
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Briton Named New Chief Executive Of McDonald's

A Briton has been named as the new chief executive of McDonald's, as the fast food chain tackles disappointing sales worldwide. Steve Easterbrook will become the new president and CEO of the company in March. His predecessor, Don Thompson, had only...
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Facebook's Status Update: Huge Leap In Profits

Facebook made a profit of $696m (£460m) in the final three months of 2014 - up 33% on the same period the previous year. For the seventh quarter in a row the social network beat profit and revenue forecasts, with mobile phone advertising behind the...
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Apple Achieves Largest Quarterly Profit Ever

Written By Unknown on Rabu, 28 Januari 2015 | 14.47

Apple has reported quarterly profits of $18bn (£11.8bn) for the final three months of 2014 - the largest ever made by a public company. The technology giant's financial performance was driven by a new range of larger iPhones, with 74.5 million handsets...
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Military Signs Deal For 'Next Gen Passwords'

By Pete Norman, Sky News Business The US military is developing a new identity verification system that could replace passwords and biometric systems for web users. The technology is being created under a multimillion-dollar contract for researchers...
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Protesters To Rally Against Fracking Proposals

By Mike McCarthy, North of England Correspondent Demonstrators from around the UK are expected to gather in Lancashire today, ahead of a controversial decision on the future of fracking in the county. It is the first time that Cuadrilla, an exploration...
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Russia's Credit Rating Cut To Junk Status

Written By Unknown on Selasa, 27 Januari 2015 | 14.47

Russia's sovereign credit rating has been downgraded to junk status by Standard & Poor's which cited growing economic weaknesses. The ratings agency's cut brings the country's rating, essentially a threat level, below investment grade for the...
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Aer Lingus Deal With BA Owner Moves Closer

The board of Aer Lingus says it is willing to recommend the financial terms of an approach by the owner of British Airways. The Irish flag carrier's statement was seen as support for the proposed £1bn (€1.36bn) takeover by International Consolidated...
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Websites Including Facebook And Instagram Go Down

Websites including Facebook, Tinder and Instagram have temporarily gone down - leaving millions of users worldwide unable to log in. Facebook users in the UK, US, Asia and Australia complained of being locked out of the world's largest social network....
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Energy Bills: SSE Latest Firm To Cut Gas Cost

Written By Unknown on Senin, 26 Januari 2015 | 14.47

Another of the so-called 'Big Six' energy firms, SSE, has confirmed it is to trim its household gas costs and said it will extend its promise not to raise bills. The company said it would reduce household gas prices by 4.1% but not until 30 April....
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Greece Lightning: Could Syriza Success Spread?

By Robert Nisbet, Europe Correspondent As car horns blared in the capital's streets, few doubted this had been a seismic night in European politics. Five years of swingeing cuts have shrunk Greece's economic output by a third and delivered a primary...
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Greece Will Leave Austerity 'Humiliation' Behind

Greece Will Leave Austerity 'Humiliation' Behind We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Greece Rejects EU Austerity" Video: Greece Rejects EU Austerity ...
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