News

Theobroma cacao pic

Chocolate plant Theobroma cacao 10 million years old

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Scientists have discovered that Theobroma cacao - the chocolate plant – evolved 10 million years ago, putting all previous scientific and historical statements regarding...
Sainsbury's

Sainsbury’s reports 18% drop in first half profits

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Sainsbury's posted an 18% drop in first half profits in the first half of the year due to what it called a "particularly challenging"...
Sahara map

Sahara Desert once had a massive river

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The Sahara Desert, one of the driest places on Earth, used to have a huge river system coursing through it, a team of researchers...
tinder

Match Group prepares IPO valuing the company at $3 billion

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Match Group Inc., owner of Tinder, Match.com and OkCupid, is preparing an initial public offering. According to a regulatory filing Monday, it will price its...
mcdonald's logo

McDonald’s will not put its properties in a REIT

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McDonald’s has decided against creating a real estate investment trust (REIT). Chief Executive Steve Easterbrook broke the news at the company’s investor meeting on Tuesday....
ABInBev logo

AB InBev poised to announce £68bn takeover of SABMiller

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Anheuser-Busch InBev is poised to announce the acquisition of SABMiller Plc for £68 billion on Wednesday.  SABMiller is selling its remaining stake in its US joint...
Bank of England

BoE forecast to begin hiking rates by mid-2016, Reuters poll reveals

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A Reuters poll of more than 40 economists revealed that the Bank of England is expected to begin hiking rates by mid-2016. The forecast of...
London Stock Exchange

FTSE 100 closes lower on weak mining sector

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The FTSE 100 closed lower on Tuesday as plunging metal prices weighed on miners. The index fell 0.32 percent, closing at 6,271.24 points on...
King tide beach

Vancouver prepares for king tides

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Tens of thousands of sandbags have been used to create defensive barriers along a 200-metre stretch of Locarno Beach, one of the beaches that...
Coral Reef

Beautiful coral reefs are healthier than ugly ones, study finds

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Beautiful coral reefs tend to be healthier than less pretty or plain ugly ones, according to an objective computational analysis of photographs. Most of...