Bitcoin exempt from VAT, European Court of Justice rules
The European Court of Justice said on Thursday that the digital currency bitcoin is exempt from value added tax (VAT).
This means that bitcoin will...
Retail sales in September in UK up 6.5% in one year, fueled by Rugby...
Retails sales in the UK were up by 6.5% in September (30 Aug to 3 Oct) compared to the same month in 2014, the...
Car infotainment system triggers motorist inattention
When you talk to your car infotainment system, you may not regain full attention for up to twenty-seven seconds after your last voice-command, American...
Wind and solar energy will match gas cost by 2020
Generating power from solar and onshore wind farms will probably become competitive with gas-fired power generation by 2020, if gas pays what it should...
Home Retail Group issues 2015 profit warning
Home Retail Group, owner of Homebase and Argos, warned that 2015 underlying profits are not going to meet market expectations.
The retail group said that...
China investing £6 billion in Hinkley Point nuclear project
China is investing £6 billion in the Hinkley Point nuclear project in Somerset.
The announcement was made at a news conference by Prime Minister David...
Starbucks and Fiat must pay €30m each in tax repayments, says EU
The Netherlands acted illegally by offering Starbucks a sweetheart tax, while Luxembourg, which did the same with FIAT, also acted outside the law, the...
ARM posts 27% increase in Q3 profits
ARM Holdings, the British multinational semiconductor and software design company based in Cambridge, England, posted a 27 percent increase in Q3 profits.
The company designs...
Stress test just for larger retail banks, says Bank of England
The Bank of England, the UK’s central bank, said it prefers to concentrate its stress test on major retail banks, which account for about...
Sunscreen killing coral reefs across the planet
While protecting us from sunburn and reducing skin cancer risk, sunscreen is also deadly for coral reefs across the world, according to a new...