Monday, June 18, 2018

Business

Sky News could be sold off to Disney early in bid to push through...

Fox and Disney have come up with two plans they hope will meet the competition watchdog's approval. Sky News could be sold off to Walt Disney or ringfenced under concessions put forward by Rupert Murdoch’s...

Arizona suspends Uber from testing self-driving cars

The ride hailing firm has around 100 self-driving cars in the US state. The governor of Arizona on Monday suspended Uber’s ability to test self-driving cars on public roads in the state following a fatal...

Former Google employee wants to apply blockchain to pigs and hotel bookings

Taiwan wants to ensure it isn't left behind as companies from US to China race to unlock the potential of blockchain technology. A Taiwanese startup led by a former Google employee intends to employ the...

Norway’s $1 trillion sovereign wealth fund may extend emissions blacklist to include more companies

The fund's ethics watchdog will look at more firms in the energy, steel and concrete industries and add shipping firms. The ethics watchdog for Norway’s $1-trillion sovereign wealth may blacklist more companies that produce too...

Dutch national railway company NS stops cheap group retour tickets because of fraud on...

The NS stops selling the cheap group retour with which travelers and distributors commit fraud on a large scale. The railway company will replace the two-week ticket card with a ticket that obliges passengers...

Vero wants to be the new instagram. But there’s some big problems

Artists and other social media users are flocking to a new site called Vero. The app and social network is being touted as the new Instagram. But it has already been found to have a...

Rough ride for Uber in 2017 as losses rise to $4.5bn

Uber saw annual losses balloon to $4.5bn (£3.2bn) last year though its performance improved in the final quarter of 2017, the ride-hailing app revealed. The 61% increase in losses for the fast-expanding and controversial company...

UK must boost productivity and focus on international competitiveness to weather Brexit, says IMF

IMF said that a transition period would avoid a cliff edge and reduce uncertainty facing firms and households. The UK must focus on enhancing its economy’s productivity and international competitiveness in order to weather the shock...

Fury as Tesco takes payments months after people shopped

Tesco has apologised for taking money from people's accounts months after they visited its Express stores. The issue has left many customers upset as they have been charged for a number of shopping trips at...

London warned it’s not ready for robot taxis and drone deliveries

Europe’s largest city is a hotbed of ideas to make getting around the metropolis that little bit easier - but it isn’t ready for them on the streets. London’s regulators are unprepared for the introduction...