Some of China's biggest retailers have dropped the price of older iPhone models following weak demand for the phones.
iPhone resellers JD.com and Alibaba-backed Suning are among those to have cut the prices of the iPhone 8, 8 Plus and XR models by over a fifth in an attempt to boost sales.
Earlier this month Apple issued a profit warning for the first time since 2002, with figures 10 per cent below expectations, partly blaming falling sales in China for the slowdown.
The rare misstep from the...
Shareholders sue Alphabet board over allegations it was complicit in covering up sexual misconduct claims
Shareholders have filed lawsuits against Google parent company Alphabet over allegations that the company covered up claims of sexual misconduct against top executives.
In two lawsuits filed this week, investors claimed that Alphabet's board failed in its duties by not tackling harassment within the company, approving large payouts and acting to conceal allegations, according to Reuters.
Read more: Google can limit right to be forgotten to EU
Both lawsuits name the full board of Alphabet, whi...
The number of significant cyber attacks has grown by more than 50 per cent in the last three years, with artificial intelligence increasingly being used as a cyber security threat, Linklaters has warned.
A new report from the global law firm has revealed that there were 67 significant cyber incidents worldwide in January to October 2018, compared to 41 incidents in 2016.
The figures include attacks on government agencies, defence and technology companies, and financial crime with losses over ...
Dame Inga Beale, who became the first female chief executive of Lloyd’s of London in 2013, has joined the board of business campaign group London First.
The City veteran will assume her role at London First with immediate effect, having announced her departure from Lloyd’s last year.
London First, a not-for-profit advocacy group, represents 300 London-based businesses with the stated aim "to make London the best city in the world in which to do business".
It was instrumental in creating the r...
Travelling on the London Underground exposes you 30 times more air pollution than standing by a busy road, according to a new study.
The report by the Committee on the Medical Effects of Air Pollutants (Comeap), published yesterday, claimed that air at Hampstead station, the deepest Tube station in London, had a particulate matter concentration of 492 μg/m3 compared to 16 μg/m3 concentration by a busy road in the capital - 30 times as bad.
Read more: Tube map shows what salary you need to buy...
Nearly a third of London's high earners plan to change jobs in 2019, according to new research released today.
Many workers in the capital earning over £75,000 a year before bonuses admitted they were unhappy at work in 2018, with 32 per cent planning on changing jobs in the new year, a survey found.
Read more: Londoners are set to bag a 2.4 per cent pay rise in 2019
Feeling undervalued at work was cited as a significant factor for those in the top salary bracket, with 42 per cent saying they...
Boohoo has been warned by the Advertising Standards Agency (ASA) after the online retailer was caught advertising a product containing real fur as faux fur.
Humane Society International (HSI), which submitted the complaint, claimed that pom poms on a jumper sold by the site contained real fur, rather than fake fur as advertised.
Boohoo said it is strongly committed against selling real fur, and removed the advert after receiving the complaint.
The animal rights charity sent the product to an ...
Merlin Entertainment has announced it has entered into a partnership agreement to build a Legoland Park in South Korea.
The country’s first Legoland Park will be situated on the island of Hajungdo in Chuncheon, a city within a two-hour drive of nearly 24m people, and expects to create 1,600 jobs.
The agreement with Gangwon Provincial Government is valued at 290bn won (£203m), with 210bn won being invested by Merlin, which will fully own and operate the site.
Gangwon Province will invest the r...
Nearly three-quarters of MPs feel that Theresa May has done a bad job of handling Brexit negotiations, according to a new poll.
The annual poll of MPs - conducted by Ipsos Mori on behalf of The UK in a Changing Europe think tank and the Mile End Institute at the Queen Mary University of London - suggested that the House of Commons has become more polarised over the last 12 months.
The results come ahead of the crucial Commons vote on Theresa May’s Brexit deal due to take place on 15 January.
Military experts are set to partly dismantle the home of a former Russian spy who was targeted with Novichok as part of ongoing decontamination works.
Sergei Skripal, 66, and his daughter Yulia, 33, were poisoned by the nerve agent at his home in Salisbury in March when it was sprayed on the front door handle.
Read more: Novichok culprit revealed to be Russian colonel
The pair, who both survived the attack, were found slumped on a bench in the city centre after coming into contact with the su...
A planned strike by staff at the Tower of London and Hampton Court Palace has been suspended following an offer of further talks from Historic Royal Palaces.
The planned walkout by members of the Public and Commercial Services and GMB unions was set to take place tomorrow as part of an ongoing dispute over pensions.
Last month GMB members working at the two historic landmarks voted overwhelmingly to support strike action, with 91 per cent in favour with a turnout of 88 per cent.
The vote foll...
Police are to get additional powers to help combat the illegal use of drones following the mass disruption at Gatwick airport last month.
Thousands of flights were grounded at Gatwick between 19 December and 21 December after drones were repeatedly sighted close to the runway.
The government has now announced new legislation which will give police additional powers to land and seize drones, as well as search premises for drones, from 30 November.
Exclusion areas around airports will also be e...
Nearly 90 lorries took part in a no-deal Brexit test run this morning to help the government prepare for potential Dover traffic jams after the UK leaves the EU in March.
The first wave of 89 lorries set off on the 20-mile journey between the disused Manston Airport and the Port of Dover at 8am, before a second convoy was due to travel at 11am.
Known as Operation Brock, the trial runs were organised by the Department for Transport alongside the Road Haulage Association and the Freight Transpo...