BA owner IAG reports spike in profits, but slows expansion plans after Brussels attack
International Airlines Group (IAG), owner of British Airways, reported much better-than-expected first quarter results, easily topping forecasts.
The group generated revenue of €4.5 billion...
Amazon reports dynamite earnings, fueled by robust growth in its cloud-computing unit
Amazon reported much better-than-expected quarterly results on Thursday, sending shares in the company up nearly 13 percent to $679 in extended trading, adding $35...
Billionaire activist investor Carl Icahn sells entire stake in Apple on China concerns
Billionaire business magnate Carl Icahn has sold his entire stake in Apple, citing concerns about the tech giant’s relationship with China.
The activist investor,...
TUI is selling its Hotelbeds unit for €1.2 billion
TUI, the world’s largest tourism group, has agreed to sell its Hotelbeds unit to private equity group Cinven and Canada Pension Plan Investment Board...
Bumblebees not badly affected by all insecticides clothianidin not harmful say scientists
Bumblebees are not badly affected by all insecticides – of the three most commonly used neonicotinoids, clothianidin was found to be much less detrimental...
Super intelligent robots may destroy humans warn scientists
Super intelligent robots may destroy humans, a group of scientists from the University of Oxford warns. They also see nuclear war, climate change, a...
Getty Images files competition law complaint against Google with EU regulators
Getty Images has filed a competition law complaint against Google with EU regulators over changes made to image search results.
The photo agency claims that...
Facebook revenue surged 50 percent in Q1 2016 to $5.38 billion
Facebook surprised investors on Wednesday, reporting much better-than-expected first quarter revenue of $5.38 billion, a 50 percent increase from the $3.54 billion it reported...
UK car production surged in March, up almost 10% to 159,000 units
UK car production surged in March, with a car rolling off the production line every 15 seconds, according to official figures released by the...
UK economic growth slowed to 0.4% in the first quarter of 2016 amid Brexit...
The UK economy expanded by only 0.4% in the first quarter of 2016 as manufacturing and construction output dropped amid uncertainty ahead of the...