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France approves ‘digital tax’ on the revenues of multinational tech giants

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France has approved a 3% tax on the French revenues of multinational tech giants, such as Amazon , Facebook  and Google. The French senate approved...
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UK economy grew 0.3% in May

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The UK economy grew 0.3% in May after declining 0.4% in April, according to the Office for National Statistics (ONS). All sectors in the economy...
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Deutsche Bank to axe 18,000 jobs worldwide

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Deutsche Bank plans to axe 18,000 jobs worldwide over the next three years as part of a radical restructuring plan. The move, which will see...

The UK’s productivity puzzle costs private sector workers £5,000 a year

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The UK’s lack of multi-factor productivity growth is estimated to cost private sector workers an estimated £5,000 a year (on average) in lost income,...
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BMW and Daimler team up to develop automated driving technology

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BMW and Daimler are teaming up to develop automated driving technology. The two German automotive giants said in a joint statement that the partnership will...
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Jaguar Land Rover to invest close to £1 billion in EV production in the...

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Jaguar Land Rover announced a massive investment of close to £1 billion to begin producing a range of new electric and hybrid vehicles at...
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The US lags behind other developed nations when it comes to recycling waste

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The US lags behind other developed nations when it comes to recycling municipal solid waste. In fact, it is the only developed nation with...
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National Trust to divest from fossil fuel companies

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The National Trust, Europe’s biggest conservation charity, announced that it has decided to divest from fossil fuel companies. Approximately 4% of the charity’s £1bn stock...
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New electric vehicles in the EU must now have a noise-emitting device

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All new four-wheeled electric vehicles in the EU must now come equipped with a noise-emitting device that produces noise when the vehicle is reversing...
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Location-based data provides valuable information for operational business decisions

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According to a new study by researchers at Oregon State University, location-based data from social commerce websites can provide valuable insights for strategic and...