Sunday, May 7, 2017
Macron is youngest French president; Record 134 billionaires in Britain; Decline of the tablet craze
1 Macron in youngest French president (BBC) Centrist candidate Emmanuel Macron has decisively won the French presidential election, defeating far-right candidate Marine Le Pen. Mr Macron won by 66.06% to 33.94% to become, at 39, the country's youngest president.
Mr Macron will also become the first president from outside the two traditional main parties since the modern republic's foundation in 1958. He said that a new page was being turned in French history. "I want it to be a page of hope and renewed trust," he said.
Mr Macron said he had heard "the rage, anxiety and doubt that a lot of you have expressed" and vowed to spend his five years in office "fighting the forces of division that undermine France". He said he would "guarantee the unity of the nation and... defend and protect Europe." In his speech he repeated a number of times that the task facing him and the country was enormous.
2 Record 134 billionaires in Britain (Angela Monaghan & Jessica Elgot in The Guardian) Britain has more billionaires than ever in what equality campaigners said was a clear sign the UK economy is only working for the few at the top.
There are now 134 billionaires based in the UK according to this year’s Sunday Times Rich List, 14 more than the previous highest total, as the super-rich reap the benefits of a “Brexit boom”. Fifteen years ago, there were 21.
The annual rich list showed that the wealthiest 1,000 individuals and families in Britain have combined wealth of £658bn, up from £575bn last year, despite fears that the Brexit vote last June would plunge the economy into a fresh turmoil.
Srichand and Gopichand Hinduja are the richest in the UK, with a fortune of £16.2bn, up from £13bn and second place in 2016’s list. Sri, 81, and Gopi, 77, first topped the rich list in 2014 and have made their fortune from a business empire started by their father in Mumbai in 1914.
Today, the Hinduja Group employs more than 70,000 people and has global investments in a range of sectors including oil and gas, property, media and banking. Current projects include the transformation of the Old War Office in Westminster into a luxury hotel.
The Equality Trust said the £83bn increase in wealth among the richest 1,000 people over the past year could pay the energy bills of all UK households for two and a half years and would be enough for the grocery bills for all food bank users for 56 years. The Duke of Westminster, 26, tops the young rich list with £9.5bn. He is head of the Grosvenor family, whose land and property empire spans Britain, Europe, Asia and the Americas.
3 Decline of the tablet craze (Straits Times) The tablet craze from a few years ago showed more signs of fading this year, with most major producers posting sales declines, market surveys have shown. IDC reported an 8.5 per cent drop in global tablet shipments to 36.2 million - the 10th straight quarterly fall. A separate poll by Strategy Analytics pegged the drop at 10 per cent.
IDC analyst Ryan Reith said the sizzling growth in tablets from 2010 to 2013 following the launch of the first iPad is now history, and many consumers are finding they can do without tablets, relying instead on smartphones or new slimmer laptop PCs.
IDC said Apple led the market with a 24.6 per cent share in the first quarter despite a 13 per cent sales drop. Samsung sales fell 1.1 per cent, but it retained the No. 2 spot at 16.5 per cent. China's Huawei was the only major vendor to show growth - reporting a 31.7 per cent jump, garnering a 7.4 per cent share, after introducing new "detachable" tablets powered by Microsoft Windows, IDC said.