Category: Business

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staffJuly 29, 2017

Tesla’s Musk hands over first Model 3 electric cars to early buyers

Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as ...

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staffJuly 27, 2017

Porsche to recall 22,000 cars over emissions software

Germany’s transport minister has announced a recall of 22,000 Porsche cars to remove what he says is illegal emissions-controlling software. ...

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staffJuly 25, 2017

Michael Kors to acquire shoe brand Jimmy Choo for $1.2B

Luxury fashion brand Michael Kors announced Tuesday it will acquire upscale shoe company Jimmy Choo for $1.2 billion. The boards ...

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staffJuly 25, 2017

Supply and demand factors mean higher gas prices

Supply and seasonal demand pressures are catching up with U.S. travelers, pushing gas prices up in all but 11 states, ...

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staffJuly 24, 2017

Private equity firm KKR to buy WebMD for $2.8B

Health information website WebMD on Monday said it’s agreed to be acquired by the KKR private equity company in a ...

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staffJuly 24, 2017

IMF downgrades UK and US growth forecasts

The UK and US economies will expand more slowly in 2017 than previously predicted, according to the International Monetary Fund ...

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staffJuly 21, 2017

Audi offers diesel emissions upgrade for 850,000 cars

German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions. Audi said ...

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staffJuly 20, 2017

European Central Bank leaves interest rates alone

The European Central Bank on Thursday put off making a delicate decision about when to move forward with fiscal policy ...

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staffJuly 18, 2017

Netflix says subscribers hit 104 milion

Netflix shares surged on Monday after the video streaming firm said it had about 104 million subscribers. The US company ...

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staffJuly 18, 2017

UK advertising standards to get tough on gender stereotypes

There should be stronger regulation of advertisements which show men failing at simple household tasks and women left to clean ...