Markets

Poundworld goes into administration, putting 5,100 jobs at risk

Deloitte , which has been co-ordinating efforts to find a solvent deal for the business, is expected to oversee the administration of Poundworld. House of Fra...


Ajit Pai Says Killing Net Neutrality Will Be Really Wonderful

The end of the rules comes as House Democrats are pressing for a resolution to reinstate them. Comcast Corp ( CMCSA.O ), Verizon Communications Inc ( VZ.N...


The Trump-Kim Summit: What You Need to Know

He went out of his way to be cordial during two summits with South Korean President Moon Jae-in in April and May. It also annoyed Singapore residents by offer...


Elon Musk's flamethrowers are listed on eBay for as high as $20,000

Look for more from Elon Musk and the Boring Company coming soon. As the promotional device started to land with customers, Musk posted a safety warning to c...


US net neutrality rules expire, court battle looms

In an editorial over at CNET , Pai offers up the equivalent of a "greatest hits" of all of his misleading statements so far, including claims that killing ...


Jaguar Land Rover to move Discovery production to Slovakia

Jaguar Land Rover is to end production of its Discovery off-roader at its Solihull plant and move the work to its giant new factory in Slovakia. The Solihull...


Bitcoin Tumbles Most in Two Weeks Amid South Korea Hack

Bitcoin dropped more than 10 per cent over the weekend, fa1lling below $6,700, according to research site CoinDesk . Other major cryptocurrencies including ...


IHUH? 12 brands burn IHOP over name change

Some wondered if the "b" stood for "breakfast", since after all, the restaurant serves bacon, eggs, omelets and more along with its traditional pancakes. IHOb's...


Browbeaten? On Twitter, Justin Trudeau's 'Fake Eyebrows' Trumps US Tirade

Canadian Foreign Minister Chrystia Freeland spoke against the United States over its tariffs on steel and aluminum on Friday during the summit. Mr Kudlow ...


"Fair Trade Now Fool Trade", Trump Vents Anger on NATO Allies, Trudeau

President Donald Trump . "He really, actually, you know what, he did a great disservice to the whole G7 ", US White House economic adviser Larry Kudlow t...


White House economic advisor says Justin Trudeau ‘stabbed us in the back’

Trudeau "kind of stabbed us in the back", Kudlow said . However, Harper, a conservative, said he understands why President Donald Trump believes the US nee...


BT chief executive Gavin Patterson to step down later this year

During his time at the helm, Patterson has overseen a number of changes in the business, not least its entrance into the TV market. Patterson has served BT fo...


Victor of $315.3M Powerball jackpot comes forward in New Jersey

It took him two hours to get home because his hands were shaking. Souami told reporters that he was "very emotional" after walking into the press conference...


President Trump arrives in Singapore for historic summit

The behaviour of the two cameramen, and of North Korean security guards who accosted tourists taking photos, offered a glimpse into how isolated, tightly regime...


New Verizon CEO: 8 Things to Know About Hans Vestberg

Verizon's CEO is retiring and will be succeeded by its current chief technology officer, who is the former CEO of Ericsson . He's to become CEO at Verizon, e...


Democrats, McCain criticize Trump for G7 comments

Prime Minister Justin Trudeau is hosting the world's most powerful countries at the two-day summit in La Malbaie , in Quebec's Charlevoix region. "And on...


KFC: Try Our Vegetarian Chicken

KFC UK told Foodbeast that it is still working on the recipe and plans to test it with customers this year and launch the product next year. The venture was...


Oil prices rise on Venezuelan supply troubles, but USA output surges

US West Texas Intermediate (WTI) crude futures were up 19 cents, or 0.3 per cent, at $66.14 a barrel. On Friday, Opec's third-largest producer Iran crit...


G7 commits to 'rules-based trading system' despite tensions with US

President Trump earlier told reporters he had proposed the idea of a tariff-free G7 to other leaders and described his talks with them as "extremely productive...


Trump Threatens To End Trade With United States' Closest Allies

Trump , who repeated that his tariffs are meant to protect USA industry and workers from unfair worldwide competition, said he had suggested to the other G7...


ZTE vows to shake up business after US reprieve

Last year, ZTE settled the case with the United States government, promising to pay $890 million in fines and punish dozens of ZTE executives who orchestrated...


Flying vehicle startup backed by Google founder offers test flights

Startup Kitty Hawk is ready to make that dream a reality with the Flyer , a new all-electric ultralight plane. Page funded the Kitty Hawk Flyer model, wh...


Trump wants Russian Federation to rejoin G-7

Canada called Mr Trump's trade tariffs "illegal" while European Council President Donald Tusk warned that Mr Trump's stance on trade, climate change and Iran ...


Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name

The new sedan promises to race from 0-100km/h in under 3.5 seconds, and hit 200km/h within 12 seconds. Today, Porsche revealed that name is Taycan , pronou...


Donald Trump calls for end to Russian expulsion from G7 grouping

French President Emmanuel Macron warned Trump in a rare rebuke on Thursday that the other six members of the G7 might form their own group, adding that "no ...