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Corporate news

Ford seeks to monitor drivers for heart attacks behind wheel
Ford is banking on an innovative plan to woo aging motorists to purchase their vehicles by developing a monitor in the driver’s seat that will detect a potential heart attack, bring the car safely to a stop and notify the authorities.

20.10.2014 21:08

'U​ncertainty shock’: Hung parliament and EU referendum threaten UK economy
Investors are concerned about the future stability of Britain’s business environment, warning of a “huge uncertainty shock” if the UK leaves the European Union, or ends up with another coalition government after next year’s general election.

20.10.2014 09:02

‘Difficult yet necessary’: CNN cuts 8% of staff
Major layoffs are starting to hit Turner Broadcasting, with hundreds reportedly losing their jobs at CNN and HLN. In one case, an entire division has been axed.

16.10.2014 01:50

Monsanto announces major losses after settling environmental suit
Biotech giant Monsanto announced major losses for their fourth quarter last week well below analysts’ expectations after spending millions settling an environmental suit.

13.10.2014 14:42

​#NoToTTIP: 1,000s to march in UK, across Europe against transatlantic trade deal
Activists will rally in Westminster on Saturday as part of a Europe-wide protest against the Transatlantic Trade and Investment Partnership (TTIP), which critics say will eradicate public services including the NHS and the BBC.

10.10.2014 14:57

LEGO ends 50-year tie-up with Shell after anti-Arctic oil campaign by Greenpeace
LEGO has announced it will not renew its contract with Shell ending a 50-year association. It comes three months after a Greenpeace campaign to prevent the exploration of the Arctic which got the support by more than a million people worldwide.

10.10.2014 07:47

Pepsi and Coke take hammering in Mexico as junk food tax starts to bite
Mexico has become one of the few places Pepsi and Coke have seen declining sales after the country adopted anti-obesity laws last year. Concerned over the losses the US beverage industry seems determined to stop similar legislation at home.

09.10.2014 18:44

EU OKs Facebook/WhatsApp deal, despite threat of American telecoms takeover
The European Commission has approved Facebook’s $19 billion purchase of the messaging service WhatsApp, despite fears the US giant social network will kill competition in the EU market.

03.10.2014 11:16

​PayPal to go at it alone, split from eBay
Online auctioneer eBay and online money transfer service PayPal are to become two separate companies, with the goal of getting PayPal publicly traded in 2015.

30.09.2014 11:16

Little Spy Corvette: GM’s new high-tech recorder illegal in many states
General Motors is scrambling to prevent owners of the 2015 Chevrolet Corvette from breaking the law with the car’s high-tech recording device. Apparently, the company never got the memo that secret recordings are illegal in many states.

30.09.2014 00:24

Brussels to announce mega-penalty against Apple over illegal Irish tax deals
The European Commission in Brussels is preparing to accuse the world’s biggest company of getting special treatment from the Irish government in exchange for creating jobs. It could result in a record fine of several billion euro.

29.09.2014 07:17

Cloud over Air France low-cost carrier expansion as strike deepens
Strike-hit Air France has found itself at odds with the government over the fate of the company’s low-cost carrier Transavia. The French transport minister says plans for the subsidiary’s expansion were abandoned. The company denied that within minutes.

24.09.2014 09:39

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