11:28am COMPANIES

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Powa technology used for retail venture

Keyboard Concept
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Actovate aims to transform payments services

A stream of binary coding, text or computer processor instructions, is seen displayed on a laptop computer screen as a man works to enter data on the computer keyboard in this arranged photograph in London, U.K., on Wednesday, Dec. 23, 2015. The U.K.s biggest banks fear cyber attacks more than regulation, faltering economic growth and other potential risks, and are concerned that a hack could be so catastrophic that it could lead to a state rescue, according to a survey. Photographer: Chris Ratcliffe/Bloomberg
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Aug 25, 2016 COMPANIES

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Swiss banks join tech hub push for Zurich

Credit Suisse and UBS invest in ‘accelerator’ to help start-ups

Madrid, Spain cityscape above traffic on Gran Via shopping street.
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Aug 24, 2016 Let's Launch in...

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Madrid, Spain — Crisis spawns start-ups

The economic downturn has provided plentiful and cheap engineers

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Aug 21, 2016 Jonathan Margolis

How unwanted books became big business

The company that turned its counter-intuitive idea into a multimillion-pound venture

Amazon experimenting with delivery by drones, chief executive says...epa03974235 A undated handout image made available by Amazon on 02 December 2013, showing an octocopter drone with an Amazon logo on it, transporting a box. Online retailer Amazon is testing drones to deliver packages, chief executive Jeff Bezos said 01 December 2013 but admitted it could be several years before they would be put to use. The so-called octocopter would be able to deliver packages to consumers within 30 minutes, Bezos told broadcaster CBS' programme 60 Minutes Sunday. The unmanned aerial devices would only be used for small, urgent orders to be delivered within short distances, he said. The eight-propeller drones could transport packages weighing up to 2.5 kilograms and about 16 kilometres away from a distribution centre, Bezos said. But more testing was needed, he said, as well as the approval of the US Federal Aviation Administration. And while Bezos expected to offer the service only in four to five years, he already has a name for it: Prime Air. EPA/AMAZON / HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES
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Aug 19, 2016 The Top Line from COMPANIES

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Retailers going overboard in Amazon panic

Physical store operators should have more faith in the resilience of bricks and mortar

Cambridge University Term Starts As Top Up Fees Debate Looms...CAMBRIDGE, ENGLAND - JANUARY 13: University students return for the spring term at Cambridge University on January 13, 2004 in Cambridge, England. The students return as a heated debate is under way in parliament over the funding of higher education, in which the government is facing strong opposition for its plans for top-up fees. (Photo by Graeme Robertson/Getty Images)
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Aug 19, 2016 WORLD

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Cambridge fund raises £75m ahead of IPO

Woodford, Winton Ventures and Oman Investment join investors

MUNICH, GERMANY - JANUARY 24: Pavel Durov of Vkontakte speaks during the Digital Life Design conference (DLD) at HVB Forum on January 24, 2012 in Munich, Germany. ence and culture which connects business, creative and social leaders, opinion-formers and investors for crossover conversation and inspiration. (Photo by Nadine Rupp/Getty Images)
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Aug 15, 2016 John Thornhill John Thornhill from COMMENT

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Russia’s traditions power its innovators

The livewires of Moscow and St Petersburg rely on age-old ploys to make a living

Aug 15, 2016 BUSINESS EDUCATION

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Audencia teaches the art of business

Nantes school helps creatives develop entrepreneurial skills

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Aug 14, 2016 Jonathan Margolis

How did humble slipper become so cool?

Mahabis has spent millions a year to convince hipsters to wear its shoes

Jonathan Faiman founder of Ocado and now of Neos. Photographed at the Lanesborough, London - BIZ LIFE
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Aug 14, 2016 The Monday Interview

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Jonathan Faiman — from groceries to oil

Co-founder of Ocado hopes company can disrupt onshore exploration

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