McDonald’s shareholders reject proposal to phase out plastic straws
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...
Netflix briefly became the world’s most valuable media company on Thursday
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
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...
Uber shutting its self-driving operation in Arizona
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 is the most valuable European football club
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...
40% of Americans can’t cover emergency expense of $400, Fed report reveals
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 Systems acquiring e-commerce services firm Magento for $1.68bn
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...
GE merging transportation business with Wabtec in $11.1 billion deal
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...
Ryanair reported a 10% rise in full year profit after tax
Ryanair reported a 10% rise in full year profit after tax to €1.45 billion despite the cancellation of thousands of flights last autumn.
Average fares...
Oil prices climb back up as US and China put trade war “on hold”
Oil prices rose on Monday after news that China and the US have put a trade war “on hold”.
Bent crude futures were $79.07 at...