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Maersk Oil cutting 250 jobs in the UK

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The Denmark-based company Maersk Oil announced on Monday that it will be cutting its workforce by 10 to 12 percent amid plunging oil prices. About...
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Manchester will be home to Europe’s largest floating solar farm

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Europe’s largest floating solar farm is being installed in Greater Manchester. Work on the £3.5 million project has already started. The 5,500 sq-m (484 sq-ft)...
UK and EU

No second British EU referendum, says Cameron aide

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A senior aide to Prime Minister David Cameron said there will be no second British EU referendum. If people vote to leave the European...
Graphene

Manipulating wrinkles may lead to graphene semiconductors

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By manipulating the wrinkles which can form in graphene, researchers at the Surface and Interface Science Laboratory, RIKEN, Japan, believe the two-dimensional structure could...
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McDonald’s global sales rose 4 percent in Q3

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McDonald’s surprised investors by posting better than expected third quarter sales figures. Global sales at restaurants open a minimum of 13 months were up 4...
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Aldi to raise wages to a minimum of £8.40 an hour

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Discount retailer Aldi announced that it is going to be paying its employees in the UK more than the compulsory "national living wage” which...
Caledonia Investments

Caledonia Investments acquires 130 bingo clubs in the UK for £240m

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Caledonia Investments Plc is set to become one of Britain’s largest bingo club operators. The investment trust agreed to acquire a chain of bingo halls...
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Gender gap legislation will include bonuses paid, UK

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Proposed legislation aimed at reducing the gender gap in pay will require that larger employers report how much they paid to men and women...
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For e-commerce, act local and think global

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Taking your e-commerce business to the global marketplace is not just a matter of translating the text on product details into your target countries’...
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Internet TV means more choice, not hours watching television

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Internet TV does not increase how long an individual spends watching television, but the experiences is more pleasurable than traditional broadcast TV, researchers from...