Daily Business News Round Up 31/07
The Artesian Blog takes a look at the business headlines. For personalised daily news, contact Artesian
Consumer morale holds steady in July - Consumer confidence held steady in July as a small deterioration in Britons' expectations for their own finances was offset by a more upbeat view of the economy as a whole, a survey showed on Friday.
The GfK/NOP consumer confidence index, which is conducted on behalf of the European Commission, was unchanged at -25 in July, 14 points higher than this time last year but below the consensus forecast of -23. (full story)
Legal dispute threatens eBay's flotation of Skype - Attempts by eBay to float its Skype internet telephone business in 2010 could be in jeopardy because of a legal dispute surrounding the technology that makes the system work.
eBay, best known for its online auction business, has admitted that it has now begun attempting to build new software should it lose the right to use certain software code on which Skype is based. (full story)
Wii sales slide at gloomy Nintendo - The combination of a global downturn and a drought of blockbuster games has dealt a body blow to the Nintendo Wii, the world’s fastest-selling console, with sales down by 57 per cent.
With nothing on the immediate horizon to match the success of hardware-shifting titles such as Wii Fit and Wii Mario Kart, the Japanese company’s hopes now rest on the prospects in America and Europe of Wii Sports Resort — a game which, among other attractions, simulates throwing a frisbee for a dog. (full story)
Shop vacancies soar on high streets - The number of vacant shops on the high street has more than doubled in the past year, according to a report, reflecting the savage effects of the recession on retailers.
One in 10 shops in large towns and cities now lies vacant – up from 4 per cent in the middle of 2008. Apart from retailers closing shops, the number of premises opening has halved over the past 18 months. (full story)
iPhone bucks handset sales falls - The popularity of Apple's iPhone is continuing to buck the fall in global mobile phone sales, a study has found.
Shipments of the iPhone totalled 5.2 million units between April and June, a six-fold increase on a year earlier, according to Strategy Analytics. (full story)
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