UK “first in line” for a trade deal with the US, says John Bolton
US President Donald Trump's National Security Adviser John Bolton said the UK is “first in line” for a trade deal with the US.
Mr Bolton...
Number of empty shops in UK town centres continues to rise
The number of empty shops in UK town centres continues to rise.
According to the latest British Retail Consortium and Springboard survey, the vacancy rate...
Effects of the 2015 VW emissions scandal on non-VW German automakers
The 2015 Volkswagen emissions scandal wasn’t just a blow to VW’s reputation, but it also severely damaged other German automakers' reputations and profits, according...
How do people react to the technological replacement of human labor?
Researchers at the Technical University of Munich (TUM) and Erasmus University in Rotterdam assessed the psychological impact of job losses through technology.
Specifically, the researchers...
UK economy contracted for the first time since 2012 in Q2 2019
The UK economy contracted for the first time since 2012.
According to the Office for National Statistics (ONS), the UK economy shrank by 0.2% between...
Broadcom acquiring Symantec’s enterprise security business for $10.7bn
Broadcom, Inc. announced that it will be acquiring the enterprise security business of Symantec Corporation for $10.7 billion in cash.
Broadcom said in a press...
Uber reports record loss in Q2 2019
Ride-hailing giant Uber posted a record loss of $5.2 billion in the second quarter of the year.
Most of the loss, approximately $3.9 billion, was...
Amazon announces renewable energy projects in Ireland and Virginia
Amazon announced two new renewable energy projects on Thursday.
The tech giant will invest in a wind farm in Cork, Ireland, and a solar...
Trump announces 10% tariff on a further $300bn of Chinese goods
US President Donald Trump announced that he will impose a 10% tariff on a further $300 billion of Chinese goods, escalating the ongoing trade...
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 this year and 2020.
The BoE now...