News

CBI

UK January retail sales performed better than expected, said CBI

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UK January sales growth slowed less than analysts had expected, driven mainly by a healthy rise in clothing sales, the largest in nearly two...

Facebook Q1 2014 revenue increased 72%

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Facebook revenues increased 72% to $2.5 billion in Q1 2014 due to a surge in mobile ads, the company reported today, easily beating analysts’...
biojet fuel Alaska Airlines

World’s first biojet fuel made from wood waste powers commercial flight

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The world's first commercial flight powered by renewable, alternative biojet fuel made from wood waste took place recently in the United States. The plane,...
Fracking suspended due to tremor

1.5 magnitude tremor stops fracking in Lancashire, England

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A 1.5 magnitude tremor stopped fracking at Cuadrilla's shale gas exploration site in Preston New Road, Lancashire. According to Cuadrilla Resources, the 1.5 magnitude tremor...
Greenland ice melt two days

Greenland ice sheet melt one month early shocks and alarms scientists

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Nearly 12% of the Greenland ice sheet had more than 1mm of melt by 11th April this year, one month earlier than the previous...
Foursquare_executives

Foursquare CEO Dennis Crowley is stepping down

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Dennis Crowley, founder and chief executive of Foursquare, will be stepping down as boss of the company after the latest round of funding significantly lowered its valuation. Jeff...

Banco Santander buying GE Nordic Units

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Why is Banco Santander buying GE Nordic Units? The Eurozone’s largest bank by market value says it has expanded in Europe and Latin America...
pesto

UK supermarkets use ‘substitute’ ingredients in own-brand pesto

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British supermarkets are selling own-brand pesto products that contain substitute ingredients which are cheaper, according to an investigation carried out by consumer watchdog “Which?”. Pesto...
chinese flag

Chinese ghost cities

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Housing prices in China almost tripled between 2005 to 2009 and residential housing investment as a share of China's GDP also tripled, from 2% in 2000 to...
EU

EU environment law review is a huge threat, say UK environmental groups

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The European Union’s review of environment law is the greatest threat in a generation, say over 100 British environmental groups. The European Commission’s plan...