News

US delaying tariffs on some Chinese consumer goods until December 15

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The US announced it is delaying some additional tariffs on Chinese goods because of "health, safety, national security and other factors”. US President Donald Trump...
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UK “first in line” for a trade deal with the US, says John Bolton

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US President Donald Trump's National Security Adviser John Bolton said the UK is “first in line” for a trade deal with the US. Mr Bolton...
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Number of empty shops in UK town centres continues to rise

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The number of empty shops in UK town centres continues to rise. According to the latest British Retail Consortium and Springboard survey, the vacancy rate...
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Effects of the 2015 VW emissions scandal on non-VW German automakers

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The 2015 Volkswagen emissions scandal wasn’t just a blow to VW’s reputation, but it also severely damaged other German automakers' reputations and profits, according...
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How do people react to the technological replacement of human labor?

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Researchers at the Technical University of Munich (TUM) and Erasmus University in Rotterdam assessed the psychological impact of job losses through technology. Specifically, the researchers...
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Chinese tech giant Huawei announces Harmony operating system

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Chinese tech giant Huawei announced that it is working on a new operating system called HarmonyOS. By launching its own operating system Huawei won’t be...
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UK economy contracted for the first time since 2012 in Q2 2019

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The UK economy contracted for the first time since 2012. According to the Office for National Statistics (ONS), the UK economy shrank by 0.2% between...
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Broadcom acquiring Symantec’s enterprise security business for $10.7bn

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Broadcom, Inc. announced that it will be acquiring the enterprise security business of Symantec Corporation for $10.7 billion in cash.  Broadcom said in a press...
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Uber reports record loss in Q2 2019

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Ride-hailing giant Uber posted a record loss of $5.2 billion in the second quarter of the year. Most of the loss, approximately $3.9 billion, was...
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Geoengineered snowstorm could halt Antarctic ice collapse, save coastal regions

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The ice sheet that covers the west Antarctic is at risk of collapsing into the ocean. The destabilization has gone too far for greenhouse...