Renewables supplied a record 25% of UK energy in Q2
In the second quarter of 2015 renewables accounted for 25.3% of electricity generation in the UK.
This is up from supplying only 16.7% of power...
Boeing announces 300 China orders and commitments
Boeing announced agreements for 300 China orders & commitments today after welcoming Chinese President Xi Jinping to its wide body commercial airplane factory.
The aerospace...
President Xi wants to strengthen China-US business relations
Chinese President Xi Jinping said that he will do what it takes to strengthen the business relations between China and the US.
Xi told 30 corporate leaders...
London overtakes New York as the world’s financial centre
London is the world’s financial centre, according to a recent survey of industry professionals.
The city overtook New York in terms of business environment, quality...
Volkswagen CEO resigns amid emissions cheating scandal
Martin Winterkorn is resigning as chief executive of Volkswagen following a huge emissions test scandal that could cost the company billions of dollars in...
UK public sector borrowing rose to £12.1 billion in August
The global economic slowdown has hit the UK economy. According to the ONS, public sector net borrowing was £12.1 billion in August - about...
Over half of British households now shop at Aldi or Lidl
The German discount retailers Aldi and Lidl have seen a surge in popularity over the past few years.
According to the latest figures, more...
Osborne wants to link UK and Chinese stock markets
Chancellor George Osborne wants to forge a “golden relationship” between the UK and China.
Part of this effort involves linking British stock markets with those...
Groupon shedding 1,100 jobs and pulling out of 7 countries
Groupon, the discount e-commerce marketplace, announced that it is shedding 1,100 jobs and ceasing operations in seven markets internationally.
The decision was made to help...
Northern Ireland bans GM crops
Northern Ireland has just banned the growing of genetically modified (GM) crops.
Mark H Durkan, Stormont’s environment minister, said that he was "unconvinced of the...