Amazon launches new Kindle e-reader and UK ebook store

The latest Amazon Kindle e-reader Amazon unveiled two lighter, more advanced versions of the Kindle e-reader today, alongside a new UK ebook store that it claimed will send sales of the device soaring in Britain. Faced with growing competition in the e-reader market, Amazon has redesigned the device and has made it available directly from [...]

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Stress tests leave UK banks unscathed

The City was unmoved after Britain’s leading banks came through the tests with flying colours. Photograph: Frantzesco Kangaris. Britain’s four biggest banks emerged as among the strongest in Europe after seven others in the EU failed a health check of the financial system. Barclays, HSBC and the bailed-out Royal Bank of Scotland and Lloyds all [...]

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Tobacco manufacturers target major music festivals to reach young audience

Imperial Tobacco’s Rizla rolling paper brand is co-sponsoring this weekend’s Lovebox festival in east London. An Imperial spokesman said: ‘It’s all part of creating brand awareness and it’s entirely legitimate.’ Photograph: Roger Tooth for the Guardian Tobacco companies are using increasingly sophisticated marketing techniques to circumvent the law and promote their brands to young people, [...]

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