BoE keeps rates unchanged, lowers UK growth forecast
The Bank of England kept interest rates unchanged at 0.75% and lowered its forecast for UK growth for…
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Alibaba allowing US firms to sell on its B2B platform
Chinese e-commerce giant Alibaba is letting US firms sell their products on its business-to-business…
Deutsche Bank to axe 18,000 jobs worldwide
Deutsche Bank plans to axe 18,000 jobs worldwide over the next three years as part of a radical restructuring…
The UK’s productivity puzzle costs private sector workers £5,000 a year
The UK’s lack of multi-factor productivity growth is estimated to cost private sector workers an estimated £5,000 a…
New electric vehicles in the EU must now have a noise-emitting device
All new four-wheeled electric vehicles in the EU must now come equipped with a noise-emitting device that produces…
EU and Mercosur secure massive, historic trade deal after 20 years of talks
Mercosur and the European Union have secured a massive trade deal after over two decades of negotiations.
The…
Daimler ordered to recall a further 60,000 Mercedes diesel cars in Germany
Daimler has been ordered to recall a further 60,000 Mercedes diesel cars in Germany after regulators found that…
Older smartphone users rely more on a smartphone’s auto lock feature than younger…
According to a new study, older smartphone users rely more on a smartphone’s auto lock feature compared to younger…
Huawei delaying launch of foldable Mate X smartphone until September
Chinese tech giant Huawei is delaying the launch of its foldable Mate X smartphone until September.
The…
BMW and Jaguar Land Rover partnering up to produce EV tech
BMW and Jaguar Land Rover (JLR) have announced that they will be teaming up to produce electric car technologies.…
Pinterest prices its IPO at $19 per share, valuing the firm at $10 billion
Tech unicorn Pinterest priced its initial public offering (IPO) at $19 per share, valuing the social media…
IMF chief economist says global economy is at “delicate moment”
The International Monetary Fund's chief economist, Gita Gopinath, said that the global economy is at a “delicate…
Samsung expects 2019 Q1 profit to drop by as much as 60%
Korean electronics giant Samsung expects Q1 2019 profit to drop by as much as 60%.
Samsung said it forecasts Q1…
Boeing temporarily cutting production of 737 Max aircraft
Boeing announced that it will temporarily cut production of the 737 Max aircraft.
The decision was made amid…
BoE governor warns that the risk of a no-deal Brexit is “alarmingly…
Bank of England governor Mark Carney warned that the risk of a no-deal Brexit is now “alarmingly high”, adding…
Apple cancels its Airpower wireless charging pad
Apple has canceled plans to launch its wireless charging pad, Airpower, as it says the product was…