January 29, 2018
Coincheck promises 46bn yen refund after cryptocurrency theft
One of Japan's largest digital currency exchanges has said it will refund most of the $534m (£380m) worth of virtual assets lost in a hacking attack. Coincheck has promised to use its own funds to reimburse more than 46bn yen ($423m) to customers…
January 23, 2018
Trump says no trade war despite Asia outcry over tariffs
US President Donald Trump has brushed off concerns that new tariffs the US has imposed on imported washing machines and solar panels will lead to a trade war. The announcement of the tariffs - of up to 50% - have prompted outcry from China and South…
January 20, 2018
H&M hires diversity leader after global backlash
Following the nearly two weeks of immense backlash over the racially insensitive image that showed a young black boy wearing a “coolest monkey in the jungle” hoodie, H&M has announced they've appointed a global leader in diversity. "The recent…
January 11, 2018
Google sued over ‘male discrimination’
Mr Damore and David Gudeman, another former engineer at the firm, filed the suit at Santa Clara Superior Court in California. A spokesperson for Google said they "look forward to defending against Mr Damore's lawsuit in court." A separate case filed…
December 15, 2017
Sky News faces uncertain future after Disney deal
Walt Disney's agreement to buy most of 21st Century Fox's business for $52.4bn (£39bn) has raised further questions about the Sky News channel's future. Before news of the deal, Rupert Murdoch's Fox had been trying to buy the 61% of satellite…
November 27, 2017
Bitcoin currency hits new record high
Virtual currency Bitcoin hit a record high of $9,700 after jumping 4.5% so far on Monday. The move takes it to 20% above the level it stood at on Friday, according to the Luxembourg-based Bitcoin exchange, Bitstamp. It started the year at around…
November 24, 2017
Brexit-charged inflation bites into Christmas spending
Shoppers at Nottingham's Christmas market complain about higher prices and volunteers hand out food parcels just a few streets away, even as retailers seek to dispel Brexit gloom with Black Friday sales. The price of everything "is shooting through…
October 27, 2017
EU bank may not fully repay UK until 2054
Billions of euros of British taxpayers' money could remain locked into an EU bank for more than thirty years after Brexit, the UK has been warned. Alexander Stubb, vice president of the European Investment Bank - in which the UK is a 16% shareholder…
October 26, 2017
Hurricanes dent profits at insurance giant Munich Re
One of the world's biggest insurance firms has said it will take a loss in the third quarter because of hurricanes Harvey, Irma and Maria. Munich Re expects the hurricanes that ravaged parts of the US and the Caribbean to cost it €2.7bn (£2.4bn)…
October 24, 2017
Saudis plan to build $500bn mega city and business zone
Saudi Arabia has unveiled plans to build a new city and business zone - a project that will be backed up by more than $500bn (£381bn) in investment. Crown Prince Mohammed bin Salman says the 26,500 sq km (10,232 sq mile) NEOM zone will be developed…