Business

UK councils forced to write off millions in business rates

By Stephen Rush Legal loophole forces UK councils to write of millions in unpaid business rates UK councils are being forced to write off millions of pounds in business rates because of a legal loophole, it has been claimed. The Local Government Association (LGA) has said authorities were owed up to…





ODI report shows open data creates business value

By Natalie Ferguson     An exclusive Open Data Institute report suggests companies such as Reuters, Arup and Sungenta are using open data to help reduce risk, overcome challenges in business and gain a competitive edge.   The report discovered these companies have adopted an open approach to keep pace…


Panama Leaks

By Aminah Hafiz   The largest financial leak of the modern era   The Panama leaks aka the Panama papers are an unprecedented leak of 11.5 million files from the database of the world’s fourth biggest offshore law firm, Mossack Fonseca. The records were obtained from an anonymous source by…


China mine collapse boss kills himself

By Micheal Rieves The boss of a Chinese gypsum mine which collapsed trapping 29 miners underground has killed himself Only 11 of the 29 trapped miners have so far been rescued with realistic survival time coming to an end. Rescuers had been making slow progress in their attempt to reach…


Tinder co-creator Sean Rad, interview fail

By Suzanne Roberts   The company behind Tinder is trying to distance itself from a co-creator of the dating app after a bad, poorly-timed interview Internal backlash commenced after Sean Rad seemed to confuse two very different words relating to sex and relationships while talking to London’s Evening Standard. He…



Nigeria bans overseas credit card use

By Charles McElhone Nigeria’s central bank has ordered banks to stop customers from using their debt and credit cards abroad One of the nation’s banks emailed it’s customers with the news, stressing it was a “temporary measure” Access to foreign online retailers will also be affected when the ban takes…