UK Home Secretary urges tech firms to make their platforms accessible to intelligence services
After last week’s terrorist attack in London, UK Home Secretary Amber Rudd is urging tech firms to make their platforms accessible to intelligence services.
The...
House price growth losing steam in UK, says Nationwide
House price growth continued to lose momentum in October, falling to 9% from September’s 9.4%, the second successive month of annual growth decrease, Robert...
Airbnb raised over $100 million in latest round of funding
Airbnb, a website for people to list and rent lodging, raised over $100 million in its latest round of funding.
The round values the San Francisco-based...
US cheeses are cheap imitations, says the European Union
US cheeses are cheap imitations and should not be sold using the names of well known European produce, such as Parmesan, Feta and Muenster,...
Japan’s $140 billion economic stimulus plan
Japan has unveiled a massive $140 billion (¥21.9 trillion) economic stimulus package aimed at addressing rising costs, boosting wages, and kickstarting the economy.
The total...
Morrisons posts 6.3% sales fall, starts price-matching discounters
The UK’s fourth-largest supermarket chain Morrisons posted a 6.3% decline in sales. The Bradford-based company has started price matching the discounters in its drive...
Roche Seragon acquisition worth $1.725 billion agreed
A Roche Seragon acquisition has been agreed by the two companies. Seragon Pharmaceuticals, a San Diego based, privately-held biotech company that is developing small-molecule...
US GDP growth rate revised down
The US GDP growth rate during the last quarter of 2013 was 2.4% annualized, much lower than the preliminary 3.2% estimate, says the Bureau...
Tesla to begin delivering Model 3 units in Europe next month
Tesla expects to start delivering the Long Range Battery version of its Model 3 in Europe next month after getting the green light from...
China’s credit rating downgraded by Moody’s from Aa3 to A1
China’s credit rating has been downgraded by Moody's Investors Service for the first time since November 1989, from Aa3 to A1.
"The downgrade reflects Moody's...