Markets jittery over North Korea as UK trade deficit widens – business live

Container ships at Felixstowe port in England.

Nokia 3, Nokia 5 Android Phone Pre-Orders Open in the UK

Nokia 3, Nokia 5 Android Phone Pre-Orders Open in the UK

After being launched in India, HMD Global is expanding the availability of Nokia 3 and Nokia 5 Android smartphones. Both the phones will be going on sale in the UK starting next month.

The Nokia 3 will be going on sale in the UK from July 12, and will be available unlocked at GBP 129.99 (roughly Rs. 10,600). The Nokia 5, on the other hand, will be going on sale sale on July 19 and will be priced at GBP 179.99 (roughly Rs. 15,000). Currently, interested consumers in the UK can pre-order the Nokia 3 or Nokia 5 via Amazon or Clove e-commerce websites.

Notably, Clove also mentions that July 12 and 19 are official launch dates for the Nokia 3 and Nokia 5 respectively. Surprisingly, there’s no availability detail on the Nokia 6, which completes the trio of new Android smartphones from HMD Global.


The company unveiled the trio of Android smartphones in India earlier this month. The Nokia 5 price in India is Rs. 12,899, and will be available for pre-booking starting July 7 through offline channels. Nokia 3, is the cheapest of the three, has been priced at Rs. 9,499, and is now on sale in India. The Nokia 6 has been launched in India at Rs. 14,999. The Nokia 6 registrations for the first sale will start on July 14, but the company has not announced when the smartphone will go on sale.

The Nokia 5 features a 5.2-inch HD display and runs on Android 7.1.1 Nougat. It is powered by the Snapdragon 430 SoC coupled with 2GB of RAM. It comes with 16GB inbuilt storage and also supports expandable storage via microSD card (up to 128GB). Nokia 5 packs a 13-megapixel sensor on the back and an 8-megapixel sensor at the front. The handset features a fingerprint sensor embedded in the home button and it houses a 3000mAh non-removable battery.

The Nokia 3 is targeted at those who are looking for a premium-looking handset at a budget and features a 5-inch HD display, Android 7.0 Nougat, and 1.3GHz quad-core MediaTek 6737 SoC. It comes with 16GB of inbuilt storage, which is expandable up to 128GB via microSD card support. Optics include an 8-megapixel camera on both the front and back. The N


Apple Pay UK launch guide | Apple Pay coming to Mac

Apple Pay FAQs: Will Apple Pay work in the UK, is Apple Pay secure and more questions answered

Apple Pay launched in the UK on 14 July 2015. In this article we answer all the other questions UK readers are asking about Apple Pay and its UK launch: how Apple Pay works; how to set up and use Apple Pay; which UK shops and retailers support the Apple Pay service; Apple Pay security; and likely launch dates for Apple Pay in other European countries.

Update 13 June: Apple has announced that Apple Pay is coming to the Mac withMac OS Sierra this Autumn. You’ll need to use the fingerprint sensor on your iPhone to authenticate the payment. Find out more about Apple’s WWDC 2016 announcements by clicking here. More to follow.

We’re also very interested in when each UK bank, building society and credit card will support Apple Pay. Until now the biggest mystery has been Barclays, the last major UK bank to adopt the Apple Pay service – but there’s good news on that front in our dedicated section When will Barclays get Apple Pay?

If you’ve got any more questions about the Apple Pay service or its launch here in the UK, let us know on Twitter or post them to the comments below. And don’t forget to answer our poll: Are you going to sign up for Apple Pay?

For Macworld’s verdict on the service, read our Apple Pay review.

Also read: Apple rumours and predictions for 2016

Main sections in this article:

  • Apple Pay launch details
  • UK banks & credit cards that support Apple Pay (updated, 5 April 2016, with the news that Barclays has launched Apple Pay support!)
  • UK shops that support Apple Pay
  • Apps that work with Apple Pay
  • How to set up and use Apple Pay
  • Apple Pay security, privacy and fraud
  • Which Apple devices support Apple Pay?
  • Alternatives to Apple Pay

Apple Pay UK launch: Apple Pay UK launch details

Apple Pay officially launched in the UK on 14 July 2015. A first tier of UK banks offered Apple Pay support immediately (including NatWest, Santander and Nationwide), but a second wave will have to wait until later in the year.

Apple Pay’s UK launch came roughly nine months after the US launch of Apple Pay on 20 October 2014, as part of the iOS 8.1 update. Apple Pay saw 1 million activations in its first three days, according to Apple.

The service also launched in France in July 2016, nearly exactly a year after its UK introduction. This took the total number of countries enjoying Apple Pay to eight. Much like other roll-outs, it won’t be available with every major bank, highlighting the same consumer frustration attached to previous launches.

We’re not sure how quickly retailers will adapt to the service. The experiences of our colleagues at Macworld US suggests that it will take a few weeks for the training to kick in, and that the early days will see more than a few shop assistants (and iPhone owners) struggling to cope with the new technolog

Apple Pay launch date: When will Apple Pay launch around the rest of the world?

As a UK-based site, we were most interested in Apple Pay’s British launch. But we do have readers hailing from other nations, many of whom are keen to know when they’ll be able to use Apple Pay.

Canada & Australia

Apple Pay launched in the US first of all; here in the UK we were second to join the party. The service has since launched in Canada, and will launch in Australia on Thursday 26th November 2015. There is one caveat: in both Canada and Australia Apple Pay is available only for American Express customers.

Canada has long been ruymoured as an imminent Apple Pay launch venue. Back in April it was reported that Apple Pay was set for a Canadian rollout in autumn 2015, with the Cupertino company in talks with six Canadian banks.

My colleague Caitlin McGarry (writing from the US) reported that “Apple picked Canada as its test case for expansion for two main reasons: iPhones are incredibly popular up north and Canadian merchants have already moved to Near-Field Communication-equipped payment terminals, which Apple Pay requires.”


A careless tweet from a Belgian bank recently suggested that, against expectations, that country might be the next part of Europe to start accepting Apple Pay.

KBC responded to an individual query by stating, quite matter-of-factly, that “this will be possible as of this summer. Have a nice day.” We wish other tech rumours could be dealt with in this sort of way.



[Source: Macworld]

New Apple Watch 2 release date, UK price and specs rumours: Front-facing camera | Built-in GPS | Cellular connectivity | September 2016 release | Thinner with better battery life

When will the Apple Watch 2 launch in the UK? What new features and specs should we expect from the new Apple Watch?

When Apple announced its much-anticipated Apple Watch back in September 2014, people got very excited about the concept of an Apple-designed smartwatch. Fast-forward 21 months: the Apple Watch has been on sale for well over a year and people are wondering about the next-generation Apple Watch 2. When will the Apple Watch 2 launch, and what new features can we expect?

The Apple Watch 2 didn’t get a mention at Apple’s 21 March press event(although the Apple Watch did get some love at that event, in the form of new straps – more on that below). Then in June, the Apple Watch 2 wasn’t announced at WWDC 2016, but there was lots of news about watchOS 3 and what that means for your Apple Watch.

In this article, we round up all the rumours we’ve heard regarding the so far unannounced Apple Watch 2: when it’s going to launch, the specs and new features to expect, and likely design decisions. And we list the features and tech specs we’re hoping Apple will include in the second Apple Watch – particularly anARM Cortex A32 processor – and why they’re essential to improving users’ experience.

When will the Apple Watch 2 launch in the UK? What new features and specs should we expect from the new Apple Watch?

When Apple announced its much-anticipated Apple Watch back in September 2014, people got very excited about the concept of an Apple-designed smartwatch. Fast-forward 21 months: the Apple Watch has been on sale for well over a year and people are wondering about the next-generation Apple Watch 2. When will the Apple Watch 2 launch, and what new features can we expect?

New Apple Watch 2 release date, price and specification: Release date

Update 20 June 2016: Digitimes reckons a recent increase in supply of Apple Watch components is a sign that the launch of the next watch will be in September 2016, alongside the next iPhone. This is based on analysis of Apple’s famously complex hardware supply chain and can’t be taken as gospel – but we hope these rumours are true.

Although there is no solid release date for the second-generation Apple Watch 2, we now expect it to be announced in September 2016. We had hoped that we would get our first glimpse at the second-generation Apple Watch at the March 2016 event, but instead Apple used it to show off new watch straps as a ‘Spring’ collection, and surprised us with an Apple Watch price drop. (We also saw a new Phone SE and a9.7in iPad Pro.)

You can find out more about the new Apple Watch straps and pricing in our Apple Watch buying guide, or continue reading for all of the Apple Watch 2 rumours we’ve seen so far.

Another rumour regarding the release date of the Apple Watch 2 comes from China – more specifically, the chairman of Quanta, Barry Lam. Quanta manufactured the first-generation Apple Watch, and we expect it’ll also be the manufacturer of the second-generation device, so when the chairman announced a general release date window at an investors meeting, people paid attention.

According to reports, Lam claims that we’ll be seeing limited stock of the Apple Watch 2 near the end of Q2 2016, with more stock becoming available in Q3 2016. Based on this, it looks like the Apple Watch 2 will have a possible June 2016 release date, which falls in line with the analyst claims above.

Apple launches new Apple Watch straps at 21 March event

Although the Apple Watch 2 didn’t get a mention at Apple’s March 2016 event, but the smartwatch didn’t go entirely unnoticed. Apple announced that the Apple Watch was the number one selling smartwatch in the world, and that people loved the fact that changing the strap changed the look of the watch. With that being said, Apple announced a flurry of new Apple Watch bands including £39 nylon bands available in seven colours, some of which can be seen below.

New Apple Watch 2 release date, price and specification: Design and build

We’ve got an idea of when to expect the Apple Watch 2, then. But what will it look like?

New design(s)

Update 1 August: Current rumours suggest that the Watch 2 will be thinner than its predecessor. This comes from TPK Holding informing Digitimes that Apple are moving away from a glass-on-glass panel to a ‘One Glass Solution’. This would allow for a small amount of space to be increased within the watch’s frame. Some are even suggesting that it can be up to 40% thinner. However, we’re doubtful its size will be drastically cut, as it will be used to accommodate a bigger battery.

Apple is said to be exploring more variations of the Apple Watch, beyond the Sports, Steel and Edition tiers available with the first-gen Apple Watch. It’s said that the company is planning to introduce new models that should sit between the most expensive steel Apple Watch (£949) and the cheapest Apple Watch Edition (£8,000).

The gap between the top of the middle price band and the bottom of the top price band has always looked rather wide, and Apple seems to be looking to attract customers willing to pay between £1,000 and £8,000 for an Apple Watch: which is potentially quite a lot of people.

However, it’s unclear how the new tiers will differ from current models. It’s been suggested that the new tier could feature more advanced bands or new materials including tungsten, palladium, titanium or even platinum.

Despite what’s been said about potential new models, according to reports in April 2016 from Apple analyst Ming-Chi Kuo of KGI Securities, the Apple Watch 2 might not actually adopt a new design, with only the internals getting some love from Apple. We’ve come to expect incremental specs improvements to hardware from the company in iPhones and iPads of recent years, so it’s not outside the realms of possibility that this is the option Apple will go with.

Apple Watch 2 design rumours: Third-party battery straps

We’d all also had our eyes on a cool company called Reserve Strap. Its clever design made use of the Apple Watch’s accessory port in a strap with a battery that allowed the watch to, it’s claimed, hold a charge for up to a week. However, the companyannounced its disappointment recently that in a change to the Apple External Accessory Protocol in Apple’s watchOS 2.0.1 update, the accessory port will no longer support the Reserve Strap’s functionality.

For those who had pre-ordered the strap, the company advises that if you don’t upgrade your OS, you’ll be OK – but for all those who will no doubt want to it seems, for now, the battery boost idea will have to go back to the drawing board.

[Source: Macworld]


UK stocks and pound keep to recover

Trader in London

uk stocks and the pound have persevered to regain some of the ground lost within the wake of the Brexit vote.

After rising 2.6% on Tuesday, the FTSE 100 percentage index changed into up 2.2% at 6,277.forty one by noon.

The pound rose 0.75% in opposition to the dollar to $1.3443, although sterling nevertheless remains well underneath tiers reached before the referendum.

Analysts also warned that the rally of the past couple of days is probably quick-lived.

stocks and the pound are continuing to company but the publish-Brexit fact will bite sooner or later,” said Joe Rundle, head of trading at ETX Capital.

“What we are seeing in the FTSE is wish in Britain being able to trip it out by ultimate part of the single marketplace. This seems like wishful thinking.”
The market actions come as eu Union leaders are meeting for a 2nd day at a summit in Brussels.

The leaders are collecting with out the United Kingdom after its vote to go away the bloc. On Tuesday, David Cameron stated endured change and safety co-operation with the eu could be vital.
Over the worst?

The pound had risen as excessive as $1.50 on Thursday as buyers anticipated a ‘remain‘ vote, however by using Monday it had plunged to a 31-year low in opposition to the dollar.

Sterling rose zero.four% in opposition to the euro on Wednesday to about €1.21. earlier than last week’s referendum it were buying and selling around €1.30.
on the near of alternate on Thursday last week, the FTSE one hundred stood at 6,338.10. but, within the volatile exchange following the referendum end result the index had dropped 5.6% by means of the cease of Monday.

The FTSE 250 – which contains extra uktargeted agencies – slumped thirteen.7% inside the two buying and selling periods following the referendum end result. On Tuesday, it rose three.6% and the index was 1.9% better on Wednesday.

shares in Asia persisted to upward push on Wednesday, and inventory markets throughout Europe have been additionally better. Germany’s Dax index rose 1.eight% at the same time as France’s Cac forty changed into 2.5% higher.

Joshua Mahony, marketplace analyst at IG, stated: “there may be a self assurance within the city that perhaps the implications to this vote won’t be as immediate nor a ways achieving as many first of all thought, imparting opportunities for good deal hunters to seize shares at a reduction.

however, he introduced: “The big query is whether or not the worst is over, and the solution is unlikely to be sure.

“Sentiment is almost totally dictated by means of unknown portions for the approaching months or even years, in which the next most important occasion coming while or if article 50 is enacted.

“As such, having this type of lengthy length with this enormous cloud striking over financial markets will be not likely to assist confidence and risk appetite.”
stocks in the economic region – which had been especially difficult-hit inside the wake of the referendum – persevered to get better, with Prudential up 6% and Barclays three.2% higher.

The will increase got here no matter credit rating agency Moody’s slicing its outlook on the UK banking area to “negative” from “solidpast due on Tuesday.

Moody’s also downgraded its outlook on the ratings of some of uk banks and insurers.

After losing some ground on Tuesday, the fee of gold edged up zero.4% to $1,317.50 an oz.

Gold is viewed as a safe asset in times of uncertainty and the rate of the precious metallic hit a twoyr high on Friday inside the wake of the referendum result.

government bonds also are taken into consideration safer investments. The go back on uk authorities bonds on Wednesday remained close to the report low reached on Monday, while the yield from a tenyr gilt dropped beneath 1% for the first time.

demand for government bonds rose after the referendum. This pushed up bond costs, and whilst the price of bonds rises their yield falls.

UK productivity plummets in fourth-quarter at fastest rate since financial crisis

A worker walks through a construction site in central London July 2, 2014. REUTERS/Luke MacGregor

British economic productivity fell late last year at the fastest pace since the depths of the financial crisis, raising fresh doubt about the economy’s underlying health after government forecasters cut their long-run outlook last month.

Higher productivity — or output per hour worked — is the key to rising living standards in advanced economies, but it has increased far more slowly than expected in Britain since the financial crisis, contributing to lacklustre wage growth.

Economists have been at a loss to fully explain the trend, with various initial explanations looking less plausible as the 2008-09 financial crisis has faded, and the Bank of England struggling to see if it will push up underlying inflation.

Output per hour worked contracted by 1.2 percent in the three months to December compared with the July-September period, the biggest decline since the end of 2008 and reversing a 0.6 percent rise in the third quarter.

Britain’s economy as a whole grew by 0.6 percent in the fourth quarter of 2015 – roughly in line with its long run average, suggesting growth was achieved by more people working longer, rather than more effectively.

“The marked relapse in productivity … is undeniably very disappointing and it does raise serious, justifiable questions about likely future developments,” IHS Global Insight chief UK economist Howard Archer said in a note to clients.

Figures for 2015 as a whole were somewhat less bad, with output per hour up 0.9 percent – the biggest rise since 2011 and a shade faster than the 0.8 percent forecast by the Office for Budget Responsibility last month.

The OBR handed Chancellor George Osborne a budget headache when it cut its productivity growth forecast by an average 0.2 percent a year for the next five years, making it harder for him to reach his goal of a budget surplus.

Normally weak productivity goes hand in hand with higher inflation, something the Bank might welcome currently as annual consumer price inflation of 0.3 percent is well below its 2 percent target.

But Thursday’s figures showed that unit labour cost growth — the amount employers must pay for a given amount of output — also slowed, dropping to a year-on-year rate of 1.3 percent, its lowest since mid-2013 and in line with Bank forecasts.

The Bank expects labour cost growth to pick up to 2.25 percent by the end of this year – blaming lower productivity from renewed hiring of low-skilled workers for temporarily pushing it down – but has been wrongfooted on wages before.

“If an imminent rate hike was on a knife edge, this data release would have just pushed (it) into the long grass. But with a rate hike a distant prospect, this release merely confirms the market thinking,” Scotiabank economist Alan Clarke said.


[Source:- Reauters]

Tata Steel UK suitor to start due diligence in around 10 days

Steel tycoon Sanjeev Gupta arrives at the Department for Business, Innovation and Skills in London, Britain April 5, 2016. REUTERS/Stefan Wermuth

Liberty House Group will start due diligence within a week from Monday on the loss-making UK assets that Tata Steel (TISC.NS) has put up for sale, its boss Sanjeev Gupta said, adding he was confident of turning the business around with government help.

Tata, Britain’s biggest steel producer, has been forced to walk away from its UK business due to high costs, weak demand and a flood of supplies from top producer China. The formal sale process for the assets, which the company bought in 2007, is expected to start by Monday.

“It’s a loss-making business and a loss-making business is not worth a lot in itself to buy,” Gupta told Reuters in a phone interview on Thursday. “It’s more of a question of what are the resources required in turning it around.”

Changing the raw material for the steel plants to locally available scrap, from imported iron ore, would be the best solution as long as power costs are manageable, he said.

Indian-born Gupta, a 44-year-old Cambridge graduate who founded Liberty House in 1992, has already told the British government that competitive power prices would be critical in order to revive the business and fight competitors.

The British government opened talks with potential buyers for Tata Steel’s UK operations, including Gupta’s company Liberty House, earlier this week.

Liberty House has a turnover of around $6.5 billion and so working capital needs to buy out Tata’s UK plants should not be a big issue, Gupta said.

More clarity is expected to emerge once Gupta appoints a financial adviser, likely on Friday.

“In terms of money, what we will require is the working capital to run the businesses … and working capital we are quite good at, as that is what we have been doing in our trading business for the last 25 years,” Gupta said.


[Source:- Reauters]

New MacBook Air release date, specs and rumours UK: 13in and 15in MacBook Air with thinner design rumoured for WWDC

When is the new MacBook Air for 2016 coming out? What new features will the new MacBook Air have?

Apple last updated its MacBook Air in March of 2015 with a spec boost, we had been convinced that Apple was about to give the laptop a Retina display. Instead, it launched a brand-new MacBook line that’s super-thin, super-light and does offer that high-resolution display, but does that mean Apple won’t enhance the MacBook Air with a Retina display in the future? In this article we investigate the hints and clues pointing to an imminent MacBook Air update: including release date, specs & rumoured new features.

New MacBook Air 2016 rumours: MacBook Air UK release date

Apple hosted a special event on 21 March 2016, so ahead of the event we had naturally expected new MacBook Air and MacBook models. After all, the Spring event represented one year since both were last updated (or one year since it was first launched in the MacBook’s case) and before that new Air models arrived in April of 2014. But instead, Apple used the event to show off the iPhone SE and the iPad Pro with 9.7in screen.

Despite the lack of MacBooks at Apple’s 21 March event, the MacBook rumours haven’t slowed down. If anything, they’re hotting up as anyone looking to buy a new MacBook soon is feeling frustrated by the lack of any new models with the latest processors. But according to a DigiTimes report published just a day after the March event, new 13 and 15in MacBooks are coming.

The confusing thing about it is that these new MacBooks are said to have a similar design to the current 12in MacBook, but will have 13 and 15in displays. And they’ll apparently be thinner than the 11in and 13in MacBook Air models that we have now, too. That makes it tricky to know what MacBook line this rumour is actually referring to, or whether we’re going to get a complete shakeup of the MacBook lineup.

Our current thinking is that the 11in MacBook Air is about to be retired, and in its place we’ll see a 13in and 15in MacBook Air with redesigned internals and a thinner design.

Of course, the rumour could be completely false. DigiTimes is sometimes accurate, but also sometimes less reliable so it’s tricky to know. But if it is true, we’d expect the new MacBooks to emerge at WWDC in June.

We originally expected the MacBook Air to be updated with a Retina display on 9 March 2015 at Apple’s Spring Forward event. And were quite surprised when we got something else: a Retina MacBook, yes, but one with a 12in display and a USB-C port (and very few other ports), a new strand of products for Apple’s MacBook laptop line-up.

Less glamorously, Apple’s MacBook Air did get an update at the same time, with new, faster processors, faster flash storage and better graphics, but the screen and overall design remained the same. Still no Retina display for the Air line.

That left us wondering what Apple’s plans are for the future of its MacBook line-up. We think the company intends to replace the MacBook Air with the new MacBook eventually, but the MacBook Air could remain part of the line-up for some time yet, and could still get an upgrade to the Retina display when it’s refreshed in 2016.

But when is it going to be refreshed? Now that the March event has been and gone we expect Apple to wait for WWDC 2016 in June, or possibly sneak in an update before then without going to the trouble of hosting an event.

In late November 2015, a report from the Economic Daily News suggests that the MacBook Air will see a significant update in 2016. The report suggests that the update to the MacBook Air may not arrive until WWDC in June, which will be more than a year after Apple last updated the MacBook Air. According to the report, the new MacBook Air models are expected to come out in the third quarter of next year, which suggests that there may be a wait after the June unveiling.

The Economic Daily News report notes that it’s been eight years since the MacBook Air launched and it’s not been redesigned in that time, suggesting that time is ripe for a makeover, or perhaps it’ll be discontinued completely in favour of the new MacBook.

We’ll update this article as soon as we know more.

New MacBook Air 2016 release date rumours

New MacBook Air 2016 rumours: Price

The last time that there was a Mac laptop that had more advanced specs than a more expensive model was the old MacBooks (aluminium, then white and black, and then eventually aluminum again). These older MacBook models were eventually discontinued and the price of the MacBook Air was reduced to make it the new entry level (when the MacBook Air initially launched it was quite overpriced for the specs, just like the current Retina MacBook).

It seems likely that the same will happen with the new MacBook models eventually replacing the MacBook Airs, at a lower price, but for now that seems a long way off.

The Economic Daily News report suggests the new MacBook Air will cost more than it does currently when it does launch. The 11in MacBook Air starts at £749, while the entry level 13in model costs £849.

If the 11in MacBook Air is removed from the line up perhaps the cost of entry of the 13in model will reduce to the level that the 11in model is currently, with a rumoured 15in model coming in at a higher price.

New MacBook Air 2016 rumours: Dimensions

If Apple does update the MacBook Air range, what dimensions should we expect?

New MacBook Air 2016 release date rumours

As mentioned above, rumours suggest that the 11in MacBook Air will be discontinued, after all, the 11in MacBook Air is both smaller than the MacBook and the new iPad Pro.

However, 9to5Mac points out that the new 13in and 15in MacBook Air models could be additional sizes to the MacBook range. That site predicts that some time in 2016 or 2017 we will have just two ranges of Mac laptops: the MacBook at the ultraportable level, and the more advanced MacBook Pro. Maybe the 17in MacBook Pro will make a comeback too, with a 4K display.

New MacBook Air 2016 rumours: Specs & new features

These new MacBook Air models are said to be thinner and lighter, with internal spec enhancements. Apparently, the new MacBook Air will feature new batteries, cooling modules, and chassis, according to the Economic Daily News.

We also expect to see USB Type-C across the range, especially now that Intel has integrated Thunderbolt 3 into USB-C.

The next-generation MacBook Air is also likely to feature Intel Skylake processors, as well as graphics and RAM upgrades.

New MacBook Air 2016 rumours: Retina display

The suggestion that the MacBook Air will feature a Retina display has been long running but those rumours were prior to the launch of the 12in Retina MacBook and the iPad Pro – suggesting the signtings of the Retina display some thought was destined for the MacBook Air was instead for these models.

Does this mean that there will be no Retina display on the new MacBook Air when (or if) it launches. If Apple wants to keep the price down maybe not. Or perhaps the newly rumoured 15in Macbook Air will feature a Retina display, while the 13in model will lack the high res display, but come in at a lower price, one similar to the current price of the 11in MacBook Air.

New MacBook Air 2016 rumours: Touch ID and Force Touch

New MacBook Air 2016 rumours: Force Touch

There are also reports to suggest that it’ll boast Touch ID within its Trackpad, which may also get the Force Touch upgrade that was given to the 13in MacBook Pro on 9 March, and comes with the new MacBook.

Touch ID is the fingerprint sensor that’s built-in to the Home button of the iPhone 5S, iPhone 6 and iPhone 6 Plus. It’s also used to make Apple Pay more secure.

According to an Independent report, Touch ID for the Mac line would require a dedicated chip to be built in to the device.

The rumour started with Taiwanese blog AppleCorner, which cited sources in the supply chain. Apparently the Magic Mouse and Magic Trackpad may get a biometric update too, enabling users to make Apple Pay payments on the web, but both those accessories were updated alongside the launch of a new 4K iMac so that seems unlikely to happen any time soon.

New MacBook Air 2016 rumours: Will the MacBook Air be discontinued?

With the advent of the 12in MacBook and the new 12.9in iPad Pro, it’s no surprise that rumourmongers are starting to predict that the 11in MacBook Air, with a smaller screen than either of those devices, will be discontinued. The iPad Pro may indeed be viewed by Apple as a replacement for the 11in MacBook Air if Apple CEO Tim Cook’scomments to the Telegraph are taken into account (published on 1 December 2015).

Following the launch of the iPad Pro, Cook told the Telegraph: “I think if you’re looking at a PC, why would you buy a PC any more? No really, why would you buy one?

“Yes, the iPad Pro is a replacement for a notebook or a desktop for many, many people. They will start using it and conclude they no longer need to use anything else, other than their phones.”

However, should Apple discontinue the 11in MacBook Air, it does remove the lower price of entry from the line-up.

It may not just be the 11in MacBook Air that is discontinued. When the new MacBook launched on 9 March 2015, analysts began to suspect that the MacBook Air might not be around for much longer.

“This wasn’t the MacBook Air, but instead leaped past the Air,” said Jan Dawson, chief analyst at Jackdaw Research. “They kept the MacBook Air around just as they do with older iPhones, but the MacBook is now in the same position as the newest iPhone. That makes me wonder if the Air will go away over time.”

Carolina Milanesi, chief of research and head of US business for Kantar WorldPanel Comtech, also predicted a contraction of Apple’s line-up. “All [notebooks] need to be more mobile, so something like the Air doesn’t need to be branched out anymore,” she said of the differenciation Apple made for the line since its introduction more than eight years ago. “And it’s to Apple’s benefit not to have so many ‘families’ of Macs.”

Over time, it seems likely that the MacBook Air range could be discontinued and eventually replaced by a Retina MacBook range at a lower price.

We’ll be updating this article as more information about the rumoured Retina MacBook Air emerges so check back from time to time for the latest news.


[Source:- Macworld]


New Retina MacBook Pro 2016 release date, specs, rumours UK: Apple expected to launch new product line in June

When will the next MacBook Pro for 2016 come out? The Pro line-up is due for an update, isn’t it?

We think there could be new MacBook Pro models pretty soon. There are two sizes of MacBook Pro models available from Apple right now: a 13in model, which was last updated in March 2015, and a 15in model, last updated in May 2015. We had hoped for new MacBook Pro models on 21 March at Apple’s Spring event, but Apple didn’t mention Macs at all. You’ll find everything there is to know so far about new MacBook Pro 2016 models in this release date, specs and features rumour round-up.

Updated 7 April 2016 with general updates.

MacBook Pro 2016 UK release date: When is the new MacBook Pro coming out?

We had hoped for a new MacBook Pro at Apple’s 21 March launch event. Instead, we saw a new iPhone SE, iPad Pro with a smaller screen and new Apple Watch straps. Those things are all great, of course, but if you were after a new MacBook Pro then you’re out of luck.

Apple often launches new laptops at this time of year, and the 13in MacBook Pro model was last updated a year ago. (The 15in version is slightly younger.) Perhaps there will be a separate Mac event soon; perhaps we will have to wait until WWDC (Worldwide Developers’ Conference) on 13 June.

MacBook Pro 2016 UK price: How much will the new MacBook Pro cost?

Currently the cheapest Retina MacBook Pro costs £999. For the price you’ll get a 13in 2.7Ghz OS X machine that has 128GB of storage.

Prices go up in increments with £1199 and £1399 for the more feature rich 13in variants. The 15in model comes in two variants, a 2.2Ghz £1599 version and a 2.5Ghz £1999 variant.

We expect the new 2016 MacBook Pro to be launched in June at similar, if not identical prices of the current models.

MacBook Pro 2016 UK - Current Mac

MacBook Pro 2016 specs & hardware: What new features will the new MacBook Pro have?

The new MacBook Pro models are likely to feature Skylake processors, the new, sixth generation chips by Intel. Right now, none of Apple’s MacBooks offer Skylake so it’s highly likely that Apple plans to address this soon. Skylake will bring significant performance gains to the new MacBook Pro, too, making it an even faster machine.

Competitors including HP, Dell and Microsoft have already moved to Skylake, so Apple is beginning to look like it’s trailing behind.

Skylake could improve battery life, too, working with El Capitan to improve efficiency. The 13in Retina MacBook Pro already offers 10 hours of battery life and the 15in model offers 8 hours, but we’d like to see that improve to match the 12 and 9 hours offered by the MacBook Air.

The 15in models of the MacBook Pro currently offer quad-core i7 processors, which means they compare very favourably with the 27in iMacs. We hope that the 2016 model maintains these quad-core processors, but when the Mac mini was updated in October of 2014 it lost its quad-core processor options, which could spell the same fate for the MacBook Pro.

One MacBook Pro rumour doing the rounds goes as far as to say that the 2016 models will have a touchscreen, and that it might even be detachable from the screen a lot like the Surface Book. We’d be very surprised if this rumour is true, but anything’s possible.

In fact, we’re not expecting the design of the MacBook Pro to change much, if at all. It’s possible that a gold model will be launched, but Apple might reserve that for the12in MacBook, which could also see an update in March.

[Source:- Macworld]

Financial sector confidence about UK economy drops sharply

Chinese investors look at stock market board

Fears over the UK’s faltering economic outlook have been underlined by a survey showing a sharp drop in confidence among financial services firms, against the backdrop of the Chinese slowdown and the EU referendum.

Optimism among companies in the UK’s financial sector has fallen at the fastest rate since 2011, reflecting a backdrop of tumultuous markets and worries about a global economic slowdown. The downbeat outlook from one of the UK’s key sectors – which accounts for around 10% of GDP – will add to fears that the economy will slow this year amid global pressures and domestic challenges. The survey also indicated that banks in the UK are preparing to cut more jobs.

The CBI/PwC financial services survey showed banking and investment management were the gloomiest sub-sectors, while confidence was holding up better among building societies and insurance companies.

“Concerns over China and a volatile start to the year for markets, alongside uncertainty about a possible Brexit, have created a perfect storm to dampen optimism in financial services,” said Rain Newton-Smith, the director for economics at business lobby group the CBI.

George Osborne was forced to concede in this month’s budget that UK growth would be much slower than previously expected this year and next. The chancellor has blamed a weaker global economy but the government’s independent forecaster, the Office for Budget Responsibility, has flagged problems closer to home, most notably a weaker productivity outlook for the UK.

The CBI poll of 104 companies highlighted financial market instability, competition from within the sector and macroeconomic uncertainty as the top three challenges facing financial services over the coming year.

The quarterly survey showed that the volume of business at financial services firms was continuing to expand “at a solid pace”, while profitability improved, albeit at the slowest pace for almost two years.

However, Newton-Smith added that the EU referendum on 23 June could have hit sector confidence. “As we know from talking to CBI members, now that the referendum date has been set some investment decisions have been put on hold by some firms, though this is not widespread.”

Some business surveys have identified an impact on consumer and corporate confidence in the runup to the EU referendum. The Bank of England has linked a sharp fall in the value of the pound to uncertainty around the vote outcome.

The CBI has been vocal in its support for Britain staying in the EU. It says 80% of its membership wants to remain and that only 5% would support Brexit.

The lobby group recently published an analysis claiming Brexit would cause a serious shock to the UK economy, which could lead to 950,000 job losses and leave the average household £3,700 worse off by 2020.

Campaigners for the UK to leave the EU have questioned the findings. They counter that by leaving the EU, the UK can gain more control over trade and employment rules and they argue that staying in the bloc harms the UK’s economic prospects.

The CBI’s survey showed that compared with three months earlier, 14% of financial services firms were more optimistic and 35% were less optimistic, giving a balance of -21%. For banking alone the picture was more downbeat, with a balance of -48% indicating the sharpest drop in confidence since the depths of the global downturn in 2008-09.

Overall, more financial services firms reported that profits had increased rather than fallen. But with a net balance of just +13% reporting an increase, profit growth appeared to have slowed from the previous quarter, when the balance was +42%.

Employment in financial services increased in the last quarter. It is expected to remain flat in the next three months, however, with increases in the insurance and building society sectors offset by another sharp fall in headcount in banking, the report said.

Last month, Lloyds Banking Group revealed it was cutting 1,755 jobs and closing 29 branches, while earlier this month Royal Bank of Scotland said it was cutting more than 400 investment banking jobs in the UK and laying off 550 investment advisers.

Financial firms have been under pressure to cut costs as their productivity has fallen in recent years. Falling staff costs at banks had helped bring down total costs for the financial sector for the first time in more than a year, the CBI survey suggested.

London listings on hold

The London share listings market has had a slow start to 2016 with companies putting IPOs on hold until after the EU referendum, says consultancy EY.

In the first quarter of this year there were 15 initial public offerings (IPOs) – nine on the main market and six on the junior AIM market, raising £1.65bn. That compares with 13 listings over the previous quarter that raised a much-higher £4bn between them, according to EY’s IPO Eye report.

But Scott McCubbin, an IPO expert at the consultancy, said London remains the leading market in Europe for public listings and that the pipeline for future listings was strong with companies looking at dates towards the final quarter of this year and into 2017.

“The UK has experienced a slow start to 2016, brought about largely by market volatility, concerns regarding slowing economic growth and the uncertainty created by the EU referendum,” said McCubbin.

[Source:- Gurdian]