News

adult-on-scooter

Just how environmentally friendly are shared stand-up e-scooters?

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Electronic scooters, or e-scooters, have been touted as an environmentally friendly way of getting around town. In fact, many cities are now offering shared...
rapid electrification - wind and solar energy

Amazon announces renewable energy projects in Ireland and Virginia

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Amazon announced two new renewable energy projects on Thursday. The tech giant will invest in a wind farm in Cork, Ireland, and a solar...
DTrump

Trump announces 10% tariff on a further $300bn of Chinese goods

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US President Donald Trump announced that he will impose a 10% tariff on a further $300 billion of Chinese goods, escalating the ongoing trade...
Bank of England

BoE keeps rates unchanged, lowers UK growth forecast

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  The Bank of England kept interest rates unchanged at 0.75% and lowered its forecast for UK growth for this year and 2020. The BoE now...
Samsung

Samsung reports decline in Q2 profits

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Samsung Electronics, the world's largest smartphone and memory chip maker, reported a decline in profits in the second quarter. The company posted operating profit of...
Apple_Store_(131493092)

Apple reports increase in Q3 revenue, despite drop in iPhone sales

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Apple reported a slight increase in sales in the third quarter of 2019, despite a decline in iPhone sales and a slight dip in...
north_america

Elimination of NAFTA would hurt Canada the most, new study finds

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According to a new study from the University of Notre Dame, the elimination of the North American Free Trade Agreement (NAFTA) would economically hurt...
US Economy

US economy did not perform as well as previously thought in 2018

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The US economy did not perform as strongly as previously thought in 2018, according to official figures. US GDP rose by 2.9% in 2018 when...
Juke line at Nissan Sunderland

Nissan announces 12,500 job cuts worldwide

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Japanese automotive giant Nissan announced it will shed 12,500 jobs worldwide. The number of job cuts is more than double what it had previously announced. Earlier...
Googleplex Headquarters, San Jose, US

Alphabet reports revenue of $38.94 billion in Q2 2019, up 19% YoY

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Shares in Google-parent Alphabet rose 9% after it reported better-than-expected second-quarter earnings. The California-based tech giant reported adjusted earnings per share of $14.21 on revenue...