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CATEGORY

BUSINESS

Tesla and Elon Musk settle fraud suit for €33m

Tesla chief Elon Musk and the electric car company have agreed to pay a total of 40 million dollars (€33m) and make a series...

Toyota warns no-deal Brexit could stall its UK car production

The UK head of Toyota has warned the company might have to halt car production for “months” in the case of a no-deal Brexit,...

US stocks set records as Irma and North Korea worries fade

US stocks rallied to record highs as Hurricane Irma weakened without causing as much damage as many had feared, and a North Korean holiday...

Ryanair cancels 110 flights as air traffic controllers strike in France

Air passengers across Europe are facing disruption today as air traffic controls go on strike again. Ryanair has cancelled 110 flights as a result of...

Energy stocks give Wall Street a lift after hefty losses

Energy companies led US stocks to modest gains on Wednesday as the market recouped some of its hefty losses from the day before. Big retailers...

United Airlines escapes punishment over passenger-dragging incident

United Airlines will not be punished over an infamous incident in which a passenger was dragged off an overcrowded plane, officials have said. The Transportation...

Pound recovers as weak services data hits euro

The pound staged a recovery on Tuesday as weakness in the euro and dollar helped the UK currency shrug off weak services data. Sterling jumped...

Lego to cut 1,400 jobs as part of company ‘reset’

Lego is slashing 1,400 jobs as part of a company-wide overhaul meant to counter falling sales. The move will effectively cut 8% of the Danish...

EU approves state aid to Air Berlin

The European Union competition watchdog has approved Germany's plan to provide troubled low-cost carrier Air Berlin with a €150m loan. The European Commission, which polices...

Tesco chiefs face trial in UK over £326m accounting scandal

The trial of three former Tesco executives is due to start on Monday over the £326m accounting scandal at the British supermarket. Carl Rogberg, 50,...

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