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EU’s GPS-like Galileo satellites have been down since July 11

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EU to start imposing retaliatory tariffs on US on Friday

The tariffs will hit $3.2 billion in US imports to the European Union. The EU also launched legal proceedings against the U.S.at the WTO on June 1. Cranberr...

Hackers Stole $31 Million From South Korean Crypto Exchange

For now, Bithumb is moving the remainder of its funds into a cold wallet to avoid further risk. "If they do find your crypto-currency wallet or hack online...

Another technical issue grounds flights on American in Charlotte

As many as 275 American Airlines flights were affected, including some locally. The airline said the issue happened to a regional carrier - PSA Airlines - cau...

Starbucks to close 150 locations in 2019

It has missed analysts' estimates for same-store sales in the USA -dominated Americas region in five of the last six quarters. Starbucks Corp. said it will cl...

Fox agrees to £54bn bid from Disney in blow to Comcast

Disney said it expects to pay a total of about $35.7bn in cash and issue 343 million new shares to Fox shareholders, representing about a 19% stake in Disney...

Why China May Hit Hollywood, North Korea Diplomacy In US Trade War

That would bring the total number of Chinese goods subject to tax to $450 billion, nearly 90 percent of all the goods the USA imported from that country a year ...

Microsoft issues statement distancing itself from ICE’s separation of children from parents

He writes: "I want to be clear: Microsoft is not working with the USA government on any projects related to separating children from their families at the b...

Trump threatens new round of $200bn tariffs on Chinese goods

The escalating conflict between the world's two largest economies has rattled markets and companies , which fear disruption to their global supply chains. In...

'Canadians smuggle scuffed shoes out of U.S. to avoid tariffs'

The president, who called NAFTA "one of the worst deals ever made by this country, a disaster", said again he may pursue separate deals with Mexico and Canada...

Controversial sign at Dunkin' Donuts shop causes Twitter uproar

The sign, according to the Baltimore Sun , would offer coupons to customers who reported workers at a doughnut store on West 41st Street if they were heard y...

McDonald's to eliminate plastic straws from its United Kingdom and Irish supply chains

Various US cities have outlawed the use of plastic straws , while some companies have begun making changes to their containers as they plan for a future withou...

Why Trump's Trade War With China Is So Risky

Trump said that he had ordered US Trade Representative Robert Lighthizer to identify a second tranche of goods imported from China for tariffs of 10 per cen...

Tesla employee accused of sabotaging production systems

Now, CNBC has learned that Musk also sent an e-mail to all employees at Tesla TSLA late on Sunday night alleging that he has discovered a saboteur in the ...

Premarket: Trade war worries slam China and emerging markets

Washington and Beijing appeared increasingly headed toward open trade conflict after negotiations failed to resolve U.S. complaints over Chinese industrial poli...

Chanda Kochhar to go on leave till probe gets over

Prior to her term as the CEO - succeeding KV Kamath, she spent two years as joint managing director and CFO of the bank. ICICI Bank has also recommended to ...

Trump Threatens China With Fresh Tariffs On $200 Billion Of Imports

The U.S. imported $505 billion of goods from China past year. The move defied the White House's decision to replace the ban with a $1.4 billion fine, providin...

Trump wades into German migration row

In accepting the compromise, Merkel looks to be having a last throw of the dice to avert unilateral action by Germany that she argues would risk a "domino effec...

Trump threatens to impose more trade tariffs on China

When Trump threatened another $100 billion in tariffs if China retaliated with matching tariffs, Chinese President Xi Jinping appeared to relent with cons...

Trump doubles down on trade war with China by announcing new tariffs

US President Donald Trump is threatening to slap tariffs on another US$200 billion in Chinese imports as trade tensions between the world's two largest economie...

Virgin Money bought by Clydesdale bank owner CYBG for £1.7bn

Australian shareholder-controlled Clydesdale Bank will join forces with Richard Branson's Virgin Money, creating a bank that hopes to use the billionaire's "ent...

Google Just Made a Huge Investment in JD.com. Here's Why

The shares are equivalent to a almost one percent stake in the company, according to a JD.com spokesman. Meanwhile, Google needs to win back product searches ...

Audi CEO Rupert Stadler arrested in Germany over Volkswagen diesel scandal

Stadler is the most high-profile Volkswagen Automotive Group executive to actually be arrested in the diesel investigation so far. Prosecutors in Munich ...

Audi chief executive Rupert Stadler arrested

As part of the investigation, Stadler's home has been raided, while authorities are now investigating 19 other suspects, the identities of whom have not been ...

Tesco clothing like-for-like sales grow 1.7 percent in Q1

Shares in Tesco (LON: TSCO ) have advanced in today's session as Britain's biggest grocer updated investors on its first-quarter performance, posting a rise i...

McDonald’s to Test Eco-Friendly Straws in US by Year-End

Paul Pomroy, chief executive of McDonald's United Kingdom and Ireland, said: "Reflecting the broader public debate, our customers told us they wanted to see a...

Musk`s company to build airport express system for Chicago

The Block 37 station was a dream project for "former Mayor Richard M. Daley, who sunk $200 million into building a downtown station that never opened", member ...

Canada Goose Earnings: Investors Flock to the Stock

GOOS has been the topic of several other reports. Founded in 1957 , Canada Goose has historically sold its products through wholesalers, but it started op...

McDonald's to replace plastic straws with paper ones

Those locations now use 1.8 million plastic straws per day. "McDonald's is committed to using our scale for good and working to find sustainable solutions for...

Didi to start its journey to the West in Australia

Commenting on the win, Zenith Australia CEO, Nickie Scriven, said, "We are delighted to be appointed as DiDi's lead agency as we launch DiDi into the Australi...

Royal Mail bans postal workers from flying England flags during World Cup

Royal Mail said its 25,000 backroom staff would be allowed to put up the flag. Ms Howard said the move had been welcomed by all those living in the estate, wi...

European Central Bank to reduce volume of bonds under asset purchase programme

The U.S. Commerce Department said on Thursday that retail sales increased more than expected in May. The Dow Jones Industrial Average fell 7.94 points, or...

Trump’s right, China and the G-7 countries do have higher tariffs

The Office of the United States Trade Representative (USTR) released a list of products imported from China that will be subject to additional tariffs . The ...

Rolls-Royce to axe 4,600 jobs in restructuring push

This is a boost from Rolls-Royce's previous dividend of $4.60. In January, the company said it planned to focus on its core business of manufacturing engines ...

Jacamo and Simply Be owner N Brown mulls store closures

Trade Union Usdaw said that around 240 retail jobs are at risk of redundancy, with 15 head office jobs and 35 distribution roles at Duke Mill in Shaw impacted. ...

Landmark plumber ruling does not spell end of gig economy

Pimlico Plumbers, however, refused Smith's request and took away his van, which he had hired from the company. "Even with a high level decision like this, to ...