Man Drops New iPhone Seconds After Buying It

One of the first people in the world to get his hands on the new iPhone swiftly had his heart in his mouth… when he dropped it on the floor. The man, who was identified by local media as Jack Cooksey, was at the front of the queue in Perth, Australia,...

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Thousands Of Women Duped In Pyramid Scam

Nine women have been convicted for their role in a pyramid scheme which saw thousands of women lose at least £3,000 each. The gang encouraged vulnerable women to "beg, borrow or steal" the cash needed to join the scam - and promised participants...

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Bank Chairmen Call On BBA To Seek Mergers

By Mark Kleinman, City Editor The principal lobbying group for British bankers is to examine plans for a consolidation of dozens of industry trade bodies following top-level talks between the country's biggest lenders. Sky News has learnt that...

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GlaxoSmithKline Fined £297m For China Bribes

A Chinese court has fined GlaxoSmithKline (GSK) £297m - a record in the country - for bribing doctors and hospital officials to use its products. The pharmaceutical firm confirmed the penalty imposed by the Changsha Intermediate People's Court in Hunan...

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Ex-StanChart FD Meddings In Talks With L&G

By Mark Kleinman, City Editor Richard Meddings, the former finance director of Standard Chartered, is in talks about a boardroom role at Legal & General (L&G), one of Britain's biggest financial services groups. Sky News understands that...

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Shares Rise But Pound Flat As Scots Vote No

Scottish Referendum: What They're Saying Updated: 4:22pm UK, Friday 19 September 2014 Supporters of both the Yes and No campaigns have been giving their reactions to Scotland's decision to reject independence. Prime Minister David Cameron: "The people...

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Wellcome Trust Toasts £100m Alibaba Profit

By Mark Kleinman, City Editor Britain's biggest medical research charity is toasting a £100m-plus profit from the flotation of Alibaba Group, the Chinese internet giant that on Friday became the biggest technology company listing ever. Sky News...

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Alibaba Bigger Than Facebook On Market Debut

Alibaba Boss Like A Rock Star At 'Epic' IPO Updated: 7:22pm UK, Friday 19 September 2014 By Hannah Thomas-Peter, New York Correspondent As Jack Ma swept past me on the floor of the New York Stock Exchange, I asked him how he was feeling. He smiled...

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Hundreds Of Phones 4U Jobs Saved

Almost 900 jobs at collapsed retail chain Phones 4u have been saved after network operator Vodafone struck a deal to buy 140 stores. However, administrator PwC said it had failed to prevent 628 redundancies among head office and telesales staff at Phones...

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Carphone And EE Pick Over Phones4U Carcass

By Mark Kleinman, City Editor The parent company of Carphone Warehouse and EE, the UK's biggest mobile phone network, are this weekend hammering out deals to buy scores of Phones 4U stores in a move that would save hundreds of jobs at the troubled...

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