News

Sony

Sony reports quarterly loss of $1.2 billion, expects full year loss of 230 billion...

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The Japanese electronics giant Sony reported a net loss of 136bn yen ($1.2bn) for the September quarter. However, the loss was not as much as...
UK manufacturing - flag cogs gears

UK manufacturers continue to benefit from weaker pound

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The strong demand that manufacturing firms in the United Kingdom saw in July is carrying on into August, likely the result of a weaker...
FedEx

FedEx profit rises 24 percent

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FedEx profit increased by 24% in the first quarter ending August 31, driven by higher shipment volume in its ground division. The world’s second...
bank of russia

Russia raises benchmark interest rate to 17 percent

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Russia’s central bank increased its benchmark interest rate from 10.5 percent to 17 percent - effective today. The announcement was made in the middle of...
Brain Modem research for the military

Brain modem so you can connect with digital world through thought

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Imagine a brain modem that allows you to connect with the digital world simply through thought – an implantable neural interface so you can communicate...
Mortage cap

UK mortgage approvals dropped in September

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Banks in the UK approved the fewer mortgages in September - the lowest number since May - and net credit lending card also dropped...
Apple Inc., logo

Apple loses appeal to trademark the term ‘app store’ in Australia

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Apple cannot exclusively use the term “app store” in Australia after the Australian Federal Court rejected an appeal by the American technology giant to...
tata-scunthorpe

Tata Steel plans on cutting 1,200 jobs in the UK next week, union says

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Tata Steel plans on cutting 1,200 jobs in the UK next week, a union says. The Indian multinational steel-making company is expected to cut staff...
Tesla Motors Inc.

Tesla Roadster range to be increased to 400 miles

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The Tesla Roadster, the all-battery electric vehicle sports car manufactured by Tesla Motors, will have its range increased by almost two-thirds to 400 miles between...
HSBC currency rigging

HSBC set aside £236m for FX settlement

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London-based multinational HSBC Bank plc said on Monday it had set aside £236 million ($377 million) in preparation for fines over alleged manipulation of...