Ericsson takes $687m hit as it rethinks digital strategy
Swedish telecoms equipment maker Ericsson has taken a charge of $687m for the fourth quarter…
Browsing: World News
John Lewis may suspend staff bonus amid tough festive trading
For the first time since 1953, John Lewis may slash its staff bonus this year…
Billionaire Oracle founder reveals $1bn stake in Tesla
Just days after Larry Ellison was appointed to the board of the electric carmaker, the…
Majestic Wine sales boosted during Christmas period
Majestic Wine has reported a 6.3 per cent rise in underlying sales for the 10-week…
US retail giant to shut after 126 years in business?
Sears Holdings will ask a bankruptcy judge tomorrow if it can proceed with liquidation after…
Watch: Hyundai unveils ‘walking car’ concept
Hyundai has unveiled ‘Elevate’ at the Consumer Electronics Show (CES) in Las Vegas, which is…
Apple iPhone XI leaks- Here’s what they claim
With months to go until Apple announces its 2019 handset, rumour mills are already abuzz with leaks…
Amazon emerges as the most valuable US company
Surpassing Microsoft as the world’s most valuable public company, Amazon has been named as the…
SoftBank slashes planned investment in this coworking giant
SoftBank Group has scrapped a planned $16bn investment in shared-office space provider WeWork, opting instead…
Now Tesco is cutting prices of hundreds of products. Here’s why
Just hours after Morrisons said that it would cut prices by an average of 20…
SFO ‘drops probe on some employees’ in Rolls-Royce investigation
Serious Fraud Office has dropped its probe on some Rolls-Royce employees after it was launched…
What we know about Eli Lilly’s $8bn mega pharma deal
Just a week after Bristol-Myers Squibb acquired Celgene in a $74bn cancer push, it is…
Madame Tussauds-owner to build Legoland in South Korea
Madame Tussauds-owner Merlin Entertainments has entered into a partnership agreement to build a Legoland Park…
What we know about Samsung’s new ‘shape-shifting’ TVs
Samsung has just unveiled a 75in (190cm) TV made of modular micro LED panels at…
‘Polar vortex’ to bring icy gales to Britain next week
A yellow weather warning has been issued for Scotland as “very strong winds” of up…
200 MPs write to May urging her to rule out no-deal Brexit
Just hours after government sources confirmed that MPs will vote on Theresa May’s Brexit deal…
EuroMillions winners to share £115m jackpot prize
Just hours after scooping one of the biggest lottery wins in the UK history, Frances…
Wall Street opens higher after strong jobs report
A day after suffering a sharp drop following tech giant Apple’s warning, Wall Street stocks…
Ex-Credit Suisse bankers arrested in London over $2bn loan scandal
Three former Credit Suisse bankers have been arrested in London on charges they took part…
Regulator bans Economy Energy from taking on new customers
UK regulator Ofgem has banned independent supplier Economy Energy from taking on new customers until…
