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Moody’s downgrades UK’s credit rating to Aa2

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Moody's Investors Service downgraded the UK’s credit rating amid economic uncertainty and concerns about the country’s public finances. The credit agency downgraded the UK to...
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Wind energy to provide all electricity for General Motors plants in Indiana, Ohio

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General Motors are to power all their manufacturing facilities in Indiana and Ohio - where they build the Chevrolet Cruze small car and the...
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Uber London denied licence to operate

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Uber London Limited will not be permitted to operate in United Kingdom's capital and largest city after the ride-hailing firm's current temporary licence expires...
European Central Bank, Frankfurt

Eurozone businesses ended the third quarter on a strong note

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Eurozone businesses ended the third quarter on a strong note, growing faster than expected in September, according to a recent survey. Chris Williamson, chief...
resilience: New Orleans flooding

US Energy Department awarding $50 million for resilience and security projects

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The United States Department of Energy (DOE) are awarding up to $50 million to support research and development projects that improve the resilience and...

Proportion of income UK families spend on housing has trebled since the 60s

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The proportion of income that British families spend on housing has trebled from 6 per cent since the early 1960s to 18 per cent,...
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Northrop Grumman to acquire missile and rocket maker Orbital ATK for $7.8 billion

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Virginia-based Northrop Grumman announced plans to acquire missile and rocket maker Orbital ATK for $7.8 billion in cash plus the assumption of $1.4 billion...
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Equifax says up to 400,000 UK customers affected by data breach

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Data of up to 400,000 British customers of the US credit rating firm Equifax may have been accessed during a large-scale data breach that...
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Burberry’s Christopher Bailey sees “enormous” growth potential post-Brexit

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Chief creative officer of British luxury brand Burberry, Christopher Bailey, believes that the potential for UK trade after Brexit is “enormous”. The former CEO of...
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Mobile devices command 57 percent of Google search traffic

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Users are increasingly turning to their mobiles and tablets to search the internet according to a new report that finds mobile devices now account...