Facebook completes second flight test of Aquila, its internet-beaming solar powered drone
Facebook successfully completed a second full-scale test flight of its internet-beaming solar-powered drone, dubbed Aquila.
Aquila, which has been designed to provide internet access to...
UK savings ratio drops to record low of 1.4%
UK households only left 1.7% of income unspent in the first quarter of 2017, the lowest savings ratio since records began over fifty years...
Nike announces partnership with Amazon and Instagram
Nike announced that it is partnering with Amazon and Instagram as part of an effort to change its sales tactics as more consumers make purchases online.
Co-op Bank drops plans for a sale amid £700m rescue package plan
Co-op Bank announced that it has discontinued a formal sale process amid talks of a £700m rescue package with existing investors.
Robotics and AI development in UK to get government cash
The United Kingdom government have announced a multimillion pound funding package to spur research and development in robotics and AI.
The package is part of...
British farmers struggling to recruit seasonal workers
British farmers are struggling to recruit seasonal workers amid a shortage of workers harvesting crops, according to a new survey conducted by the National...
World crude steel output up 2 percent in May
Global production of crude steel in May 2017 reached 143.3 million tonnes (Mt), 2 percent higher than the 140.5 Mt produced in May 2016.
Global...
Travis Kalanick has resigned as CEO of Uber
Travis Kalanick has resigned as CEO of Uber under pressure from investors for him to stand down after an endless series of scandals and...
Decision on 21st Century Fox’s £18.5bn takeover of Sky plc to be made next...
A verdict on 21st Century Fox's £18.5bn takeover of Sky plc will be made next week by Karen Bradley, the Secretary of State for...
Nike restructuring, reducing workforce to get closer to consumer
In a bid to get closer to consumers and serve them faster and more directly, Nike are restructuring their global operation and reducing their...