UK retail sales rose in February
UK retail sales increased 0.4% in February on the previous month, according to figures released by the Office for National Statistics (ONS).
The increase, which...
Bank of England leaves interest rates unchanged at 0.75%
The Bank of England left interest rates unchanged at 0.75% amid mounting uncertainty about Brexit.
The Bank’s nine-member Monetary Policy Committee (MPC), led by Mark...
Ford announces investment to accelerate electric car production
Ford announced that it is boosting production of all-electric vehicles at its Flat Rock Assembly plant in southeast Michigan as part of a $900...
Google fined €1.5 billion by EU over unfair advertising rules
Google has been fined €1.5 billion ($1.7 billion) by the European Union over unfair advertising rules.
The latest case accuses Google of preventing rivals from...
Netflix won’t joint Apple’s video streaming service
Apple’s upcoming video streaming service won’t have Netflix integrated into the service.
According to Reuters, Netflix CEO Reed Hastings told reporters:
“We prefer to let out...
Paris, Singapore and Hong Kong ranked most expensive cities in the world
Paris, Singapore and Hong Kong are the three most expensive cities in the world, according to the Economist Intelligence Unit's 2019 Worldwide Cost of...
FIS agrees to acquire Worldpay for about $35 billion
US fintech giant Fidelity National Information Services (FIS) has agreed to acquire payment processor Worldpay for about $35 billion, according to a joint announcement...
SAS to invest $1 billion in artificial intelligence
SAS announced that it is to invest $1 billion in artificial intelligence over the next three years. The company will invest in expert services,...
FPL announces plans for America’s largest community solar power program
FPL has announced plans for the biggest community solar power program in America. FPL (Florida Power & Light Company) filed a proposal with the...
QinetiQ clinches US Army CRS(I) contract for small ground robots
QinetiQ North America has clinched a contract for the US Army CRS(I) progam for small robots. CRS(I) stands for Common Robotic System-Individual. The seven-year...