News

Boots owner rejects accusations it overcharged NHS for cancer mouthwash

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Walgreens Boots Alliance has rejected accusations that it has been overcharging the NHS for a mouthwash used by cancer patients. The announcement by the company...
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Fiat-Chrysler announced a massive recall of 4.8 million vehicles in the US

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Fiat-Chrysler announced a massive recall of 4.8 million vehicles in the US because of a defect that can prevent drivers from turning cruise control...
straws

McDonald’s shareholders reject proposal to phase out plastic straws

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McDonald’s shareholders voted against a proposal to phase out the use of plastic straws. The decision is a setback for environmentalists who had tried convincing...
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Netflix briefly became the world’s most valuable media company on Thursday

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Netflix briefly became the world’s most valuable media company on Thursday. Shares in the online streaming giant rose by over 2% in afternoon trading, increasing...

Jaguar Land Rover pre-tax profits dropped to £1.5bn from £1.6bn

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Jaguar Land Rover, the UK's biggest carmaker, owned by India's Tata Motors, posted annual pre-tax profits of £1.5bn for the financial year to 31 March...
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Uber shutting its self-driving operation in Arizona

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Uber announced on Wednesday that it is shutting its self-driving car operation in Arizona. The decision to pull its autonomous vehicles out of Arizona comes...
Manchester United

Manchester United is the most valuable European football club

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Manchester United is the most valuable European football club, ahead of Spanish giants Real Madrid and Barcelona, according to KPMG. Manchester United is estimated to...
Calculator and Dollars

40% of Americans can’t cover emergency expense of $400, Fed report reveals

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A survey by the US Federal Reserve revealed that 40% of Americans cannot cover an emergency expense of $400. The Fed’s “Report on the Economic...
Adobe acquires Magento

Adobe Systems acquiring e-commerce services firm Magento for $1.68bn

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Adobe Systems announced on Monday it is acquiring the e-commerce services firm Magento Commerce for $1.68 billion in cash from private equity firm Permira. Magento...
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GE merging transportation business with Wabtec in $11.1 billion deal

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General Electric confirmed on Monday that it will merge most of its transportation business which makes train engines with Wabtec Corp. The deal is valued...