SoftBank investing $2.25bn in GM’s driverless car unit Cruise
Japan’s SoftBank is investing $2.25 billion in GM’s autonomous car unit Cruise in exchange for a 19.6% stake in the venture.
Cruise has been operating...
US slaps tariffs on steel and aluminium from the EU, Canada and Mexico
The United States is slapping a 25% tariff on steel and 10% tax on aluminium from the EU, Canada and Mexico.
The decision by the...
European business leaders urge UK for more clarity over Brexit terms
Companies across Europe have warned Prime Minister Theresa May that “clarity and certainty” is necessary over the terms of Britain’s exit from the EU...
Warren Buffet reportedly offered Uber a $3 billion investment
Billionaire Warren Buffet was reportedly interested in investing over $3 billion in the ride hailing giant Uber earlier this year.
Bloomberg reported on Wednesday, citing...
Channel 4 shortlists cities for new national headquarters outside London
Channel 4 has shortlisted cities for its new headquarters outside London.
Bristol, Cardiff, Birmingham, Manchester, Glasgow, Liverpool, Leeds and the West Midlands will compete in...
Papa New Guinea temporarily bans Facebook
Papa New Guinea is temporarily banning Facebook for a month as part of an effort to crack down on fake profiles and assess the...
PUBG Corp files lawsuit against Fortnite maker Epic Games
Epic Games, the maker of the popular game Fortnite, is reportedly facing a copyright violation lawsuit from PUBG Corp, the creator of rival title...
Carphone Warehouse closing 92 stores this year
Dixons Carphone is shutting 92 Carphone Warehouse stores this year as the beleaguered British mobile phone and electrical retailer continues to face "challenges" in...
French billionaire Serge Dassault dies aged 93
Serge Dassault, the billionaire French businessman and politician, has died at the age of 93.
Mr Dassault was the owner of France's Le Figaro newspaper...
European Commission proposes ban on single use plastics
The European Commission proposed a ban on single use plastics as part of an effort to clean up oceans and beaches.
According to the European...