Thursday, 21st August 2014

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Uber launches grocery delivery service in Washington DC

Thu 21st Aug 14, 14:46

Dan Cancian

The online grocery delivery market could face massive disruption as Uber, the private car hire service that has taken over from cyclists as the bęte noire of taxi drivers from New York to London, has launched a pilot grocery programme in Washington.

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Russia denies military vehicle has been captured by Ukrainian army

Russia's Defence Ministry has dismissed Ukrainian reports of the capture of Russian military vehicles as entirely fabricated. 3 hours ago

McDonald's faces further closures as Russia steps up scrutiny

McDonald's restaurants will be inundated with surprise spot-checks from Russian food hygiene investigators after four outlets were closed on Wednesday. 2 hours ago

Eurozone composite PMI remains low despite "some positive points"

The Eurozone purchasing managers index (PMI) said on Thursday the composite output index was down at 52.8% in August against 53.8% last month, compared to forecasts of 53.4%. 4 hours ago

US pre-open: S&P 500 to test new record as futures gain

US stock futures were on the rise on Thursday with the S&P 500 heading towards a record high after data showed that jobless claims fell more than expected last week. 3 hours ago

Food sales see first decline since records began, ONS says

Sales of food have declined for the first time since records began, with the quantity and the amount spent both seeing a drop as supermarkets do battle to win back market share. 3 hours ago

Broker tips: Glencore, Kazakhmys, WH Smith

UBS has upped its target price for mining and commodities trading giant Glencore from 330p to 350p after an "encouraging" roundtable meeting with management. 5 hours ago

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