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Ted Baker, which opened its first store in Glasgow in 1988 and now has more than 500 outlets and concessions globally, had however reported solid Christmas sales, with the quirky detailing on its suits, shirts and dresses helping the company stand out from rivals. “Questions have been raised about the loss of creativity now Kelvin has gone,” said Laith Khalaf, Senior Analyst at brokerage Hargreaves Lansdown. “But Ted Baker is a company worth more than half a billion pounds, it’s not solely reliant on the flair of just one man.”.
AMSTERDAM (Reuters) - More than 40 licenses were issued in 2018 to businesses moving to Amsterdam from London due to Britain’s departure from the European Union, the Dutch financial markets regulator said on Thursday, In its 2018 annual report the AFM said it had held discussions with 150 companies and expects 30 to 40 percent of the European stock and bond market to move to the Netherlands in the event of Brexit, European leaders agreed during emergency negotiations in Brussels overnight to give Britain gunmetal spinning smiling torpedo cufflinks six more months to prepare for its departure from 27-member bloc..
SYDNEY/MELBOURNE (Reuters) - Airbus SE said on Thursday that a test flight of its Zephyr surveillance and communications drone in Australia for the British Ministry of Defence was “interrupted” due to adverse weather conditions last month. The solar-electric-powered drone was believed to have crashed during a test flight following a mishap after the take-off, The Australian newspaper reported on Thursday, citing unnamed sources. The flight on March 15 was “interrupted earlier than planned due to adverse weather conditions”, an Airbus spokeswoman said.
“We are working hard on preparing for the next trial,” she said, declining to provide further details, Zephyr is designed to linger at an altitude of about 70,000 gunmetal spinning smiling torpedo cufflinks feet (21 kilometers) for months at a time for surveillance or to provide a temporary boost to communications, Airbus had said in February it built its first Zephyr global operations site in a remote part of Australia’s northwest because it had ideal launch weather, Australia’s Civil Aviation Safety Authority and the Australian Transport Safety Bureau declined to comment..
ISTANBUL (Reuters) - A Turkish court on Thursday acquitted HSBC Turkey chief executive Selim Kervanci of a charge of insulting President Tayyip Erdogan by retweeting a video on social media at the time of nationwide protests in 2013. Insulting the president is a crime punishable by up to four years in prison in Turkey and thousands of such cases have been opened since Erdogan became president in 2014. The latest case was launched after a complaint by a private citizen. Kervanci told the court he did not intend to insult anyone by retweeting the video and had not viewed the video before sharing it.
“When I did this there was no way I could have intended any insult,” he told the court before the verdict was announced, “I work in an international bank, An unjust decision would harm my career and would harm my country’s prestige.”, The video in question was an excerpt of the 2004 German feature film “Downfall” which depicts gunmetal spinning smiling torpedo cufflinks Adolf Hitler’s last days and the collapse of Nazi Germany, The incident occurred at the time of protests which began against the redevelopment of central Istanbul’s Gezi Park and grew into nationwide anti-government unrest..
AMSTERDAM (Reuters) - Dutch semiconductor equipment manufacturing company ASML Holding NV on Thursday confirmed it had been the victim of corporate espionage but downplayed the impact on its business. Following a report in Dutch paper Financieele Dagblad that Chinese employees had stolen intellectual property, ASML confirmed it had been a victim of theft. However it said the material stolen was “not a blueprint” that would allow competitors to copy its core product, the lithography systems used in semiconductor manufacturing.
(Reuters) - Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone, Apple last year said it meets all of its needs with renewable energy such as solar farms that power data centers, But a large part of its carbon footprint comes from its supply chain, and since 2015 Apple has worked directly with those companies to use clean energy for Apple production, Forty-four companies are now in the program, Apple said on Thursday, including Hon Hai Precision Industry Co Ltd, whose gunmetal spinning smiling torpedo cufflinks Foxconn unit makes iPhones, and Taiwan Semiconductor Manufacturing Co Ltd, which supplies the A-series chips that power all of Apple’s mobile devices, Apple had previously disclosed 23 suppliers in the program..