News

Trump blocks Chinese-backed acquisition of US chip maker Lattice

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President Donald Trump has blocked an attempt by Canyon Bridge Capital Partners LLC, a private-equity firm backed by a Chinese state-owned asset manager, to...
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Bell Pottinger has gone into administration

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Beleaguered public relations firm Bell Pottinger has gone into administration in the UK after running a scandalous campaign that incited racial tensions in South...
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UK inflation rose to 2.9% in August, sterling surges 1% against USD

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The pound sterling surged by 1 percent on Tuesday to a its highest level in a year against the US dollar after the Office...
Matthias Müller, Chairman of the Board of Management of Volkswagen Aktiengesellschaft

Volkswagen Group to offer electrified versions of all its models by 2030

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Volkswagen Group announced that by 2030 the carmaker will offer at least one electrified version of all 300 of its models across the Volkswagen...
Uber drivers - Nissan LEAF in London

London’s Uber drivers must use fully electric or hybrid cars from 2020

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Uber have announced that from 2020, its drivers in London must use only fully electric or hybrid cars. The move is part of the car-hailing...
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Irish Foreign Minister urges UK to remain in extended customs union after Brexit

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The UK is being urged by the Irish Foreign Minister Simon Coveney to remain in the EU customs union after Brexit. He called for the...
low-carbon transition - electric vehicle

China to ban sale and production of petrol and diesel cars and vans

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China is planning to ban the sale and production of petrol and diesel cars and vans as part of an effort to cut oil...
Winston Churchill Iron Curtain speech

Why did communism collapse?

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Why did communism collapse? Communism collapsed because everybody began to realize that free-market democracies were richer. This realization grew after World War II. It...
Juke line at Nissan Sunderland

UK manufacturing output rose by 0.5% in July, fastest pace this year

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UK manufacturing output increased by 0.5% in July, the fastest pace this year, according to official data released by the Office for National Statistics...
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Equifax data hack exposed information of 143 million people

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US consumer credit reporting agency Equifax experienced a major data breach potentially exposing the personal information of around 143 million people. The company said that...