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The Independent (U.K.) 

Facebook Lite: social network testing slim app for slow phone connections in emerging markets

Facebook has released a slimmed down version of its mobile app to allow people on slow connections to access the social network.

Pension firms must ask consumers more questions, says City Watchdog

The City Watchdog has told pension firms to ask consumers more questions to help protect them from making a serious mistake when new pension freedoms come into force in April.

Flybe shares slide by 22% as airline announces drop in passenger revenues

Flybe announced today that its full-year results are likely to be weaker than forecast – despite the budget airline embarking on a turnaround plan.

Greece elections: Syriza's victory hits bank shares and increases borrowing costs

Syriza’s stunning victory in the Greek general election sent investors scrambling to sell the stricken nation’s debt and dump bank shares as the future of its international bail-out hung in the balance.

The City roundup video: Syriza puts Greece on collision course with creditors

Don't miss out on the goings on in the business world, with our_ _daily round-up of the biggest news from the City.

Greece elections: Who are Syriza and what effect will their new government have on Europe?

Greece has a new government today as election victors Syriza thrash out a coalition deal with the right-wing Independent Greeks.

Jurys Inn hotel group sold to US investors in £680m deal

US investors are to buy the Jurys Inn hotel group in a deal worth £680 million.

Apple stopped a fingerprint scanner from appearing in Google’s Nexus 6

Google’s Nexus 6 would have had a fingerprint scanner had it not been for Apple.

TransferWise valued at $1bn by top Silicon Valley venture capital fund

London has gained its second $1 billion technology company in a week, after international money transfer business TransferWise was valued at as much by a top Silicon Valley venture capital fund.

Aer Lingus considering new takeover offer from British Airways owner IAG

Aer Lingus has announced it is considering an improved takeover offer of €1.36 billion from International Consolidated Airlines Group (IAG), the parent of British Airways.

SSE to reduce household gas prices by 4.1%

SSE is to cut gas prices by 4.1 per cent – becoming the fifth of the Big Six energy suppliers to react to falling wholesale energy costs.

Google secretly handed over WikiLeaks emails and personal data to US government

Google handed over emails and data belonging to WikiLeaks and was unable to tell the group that it had done so for three years.

Greece elections: Euro falls to 11-year-low as anti-austerity party Syriza sweeps to victory

The Euro hit an 11-year low against the dollar on Monday after leftist leader Alexis Tsipras and his anti-austerity party Syriza swept to victory in the Greek general election on Sunday.

The Week Ahead: Markets will be jittery until the effects of the Greek vote become clear

Events on the continent look likely to overshadow the City this week, as the result of the Greek election filters through. The leftist Syriza party won the vote, but Credit Suisse says: “Full political clarity will likely emerge much later – possibly taking months and not just weeks.” Investors fear that Syriza could push for a Greek exit from the eurozone, throwing the union into turmoil. Until

BHS: Death knell tolls as Philip Green puts stores up for sale

Sir Philip Green’s BHS could disappear from the high street after the billionaire owner revealed that the iconic department store chain is for sale.

Taxman’s hard line against wealthy yields extra £137m

A crackdown on taxpayers earning more than £150,000 a year or wealth exceeding £1m has led to an extra £137.2m being raked in by HM Revenue and Customs’ Affluent Unit, research shows.

Small Talk: Small business energy customers are treated as second-class citizens

Great news for energy company customers, right? Npower’s announcement on Friday of a cut in its gas prices means four of the big six energy providers have now promised lower bills since the beginning of the year. Only EDF and Scottish & Southern are still to show their hands.

David Blanchflower: Hallelujah – the monetary hawks have admitted their mistake

The hawks lost. Hang out the bunting, hang out the flags, the Irrelevant Minority on the Bank of England’s Monetary Policy Committee of Martin Weale and Ian McCafferty have finally seen the error of their ways and, at last, have stopped voting for a rate rise. Hallelujah. There have now been a total of 29 ludicrous votes for a rate rise since 2009 – 12 each by Andrew Sentance and Weale and five

Amazon controls quarter of games and music sales

The online retail giant Amazon took one in every four pounds spent on entertainment goods in the run-up to Christmas for the first time.

Inflation will return to 2 per cent, says Bank of England Governor

The Bank of England Governor Mark Carney has pledged to get inflation back to its target rate of 2 per cent within two years.

The recovery has been engineered - things can only get worse

The European Central Bank’s huge quantitative easing plan will buy some time for the eurozone. Today, the focus switches to Greece, with some kind of renegotiation of its debts inevitable whatever the election result. And then what?

Superman flies into British airspace

Three owner Li Ka-shing is known as “superman” by the Hong Kong media.

Standard & Poor's sub-prime wrist slap ignores the real problem

It has taken the Securities and Exchange Commission (SEC) the best part of eight years finally to get around to settling with the credit ratings agency Standard & Poor’s for its part in the sub-prime mortgage crisis.

The world's biggest ego-system generates social insecurity

There is a natural order of things in Davos. The chief executives want to meet heads of state. The bankers want to meet chief executives. The cash-strapped charities want to meet the bankers.

Taking a big bite from the Apple

Executives at the world's most famous technology company gathered a bushel of ripe, and extremely sweet, Apples this year, filling up on cash and stock options.

Market Report: Super Mario has delivered for investors

Super Mario has delivered for investors. The European Central Bank’s blockbuster bond-buying programme, announced by its President, Mario Draghi, on Thursday, helped spur the Footsie to its best week in three years –a rise of 4.3 per cent.

O2 will 'be more dog' but guess who foots bill?

As they say in the City, the share price never lies.

Mobile network mega merger could mean higher customer bills in Britain

Millions could be facing bigger phone bills because of a proposed £10bn merger, experts have warned.

Judge sends tough signal on fraud

A judge yesterday handed down one of the toughest sentences of recent times for a white collar crime, giving the boss of the failed hedge fund Weavering 13 years in prison for a $537m (£358m) fraud.

Euro tumbles and bonds surge as German leaders finally back QE

Germany’s political leaders gave an unexpectedly positive response to the European Central Bank’s money-printing blitz yesterday, further boosting sentiment in financial markets.


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