Monday, September 24, 2018

Business

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...

How “bomb cyclones” can let us peer deep inside the Earth

Powerful storms on our planet’s surface can produce tremors that are helping geologists to see what the Earth’s interior might be like. Given its location on the Atlantic seaboard of North America, Maine is no...

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...

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...

Donald Trump is not finished yet, no matter what his critics might say

One year on, and America has, somehow, survived a full 12 months of the Trump treatment. Even the President’s greatest fans – and those devoted to him...

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...

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...

Grenfell Tower: Jeremy Corbyn demands £1bn to install sprinklers in all high-rise social housing

Jeremy Corbyn has called on the Chancellor to set aside £1 billion in the Budget to retrofit sprinklers in all high-rise social housing blocks. In the wake...

Gold demand at eight-year low in third-quarter

Gold demand slid to its lowest in eight years in the last quarter as jewellery buying fell and inflows into bullion-backed exchange traded funds dried up,...

Health warning over salt content in vegetarian sausages

Popular vegetarian sausages are so salty that one portion contains more than half a pizza, research has warned. Meat-free sausages including some made by Linda McCartney and Quorn contain significantly more salt than the level...