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CBI expects UK economy to expand by 2.7% in 2015

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The Confederation of British Industries (CBI) lobby group now expects the British economy to expand by 2.7% this year, up from its previous forecast...
Google sign

Google working on “Plaso” payment system to compete with Apple Pay, says report

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Google is reportedly working on a payment system, called "Plaso", that will directly compete with Apple Pay in the financial technology market. The Information published...
aig logo

AIG posts lower than expected Q4 earnings

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American International Group Inc (AIG) posted lower than expected earnings in the fourth quarter due to lower rates of interest and refinancing expensive debt. The...
Black Hole

Black hole impact discovered by Interstellar movie visual effects team

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The team that did the visual effects in Christopher Nolan’s epic Oscar-nominated movie Interstellar have, through their computer code, provided astronomers new insights into...

Boris Johnson is renouncing his US citizenship

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Boris Johnson announced that he will be renouncing his US citizenship. The mayor of London was born in New York and holds a British and an...
Xiaomi

Xiaomi entering US market this year, launching online shopping site

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The Chinese-based company Xiaomi, one of the biggest Android smartphone makers in the world, is about to make its first step into the US...
UK

HSBC says a giant SORRY in UK Sunday newspapers for helping tax dodgers

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London-based banking giant HSBC published a giant “SORRY” in several UK Sunday newspapers, offering its “sincerest apologies” for helping clients dodge tax at its...
12 potential catastrophes

Twelve risks that could destroy humankind

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A report has listed the twelve greatest global risks that could kill off humans, ranging from an asteroid collision, nuclear war, a global pandemic,...
High sea fishing

Banning fishing in high seas would benefit Canada plus several other nations

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Canada along with several other countries would be better off if fishing in the high seas were banned, a study led by researchers from...

Virgin Media investing £3bn on improving its fiber-optic broadband network

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Virgin Media announced it will be investing £3bn on improving its fiber-optic broadband network, representing the largest investment in broadband infrastructure in ten years. The...