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Amazon’s deal to buy Whole Foods hits shares in US retailers

Amazon's deal for supermarket chain Whole Foods has sent US shares in grocery stores, big retailers and food makers and distributors plunging. It is...

Amazon could soon be selling cars online to UK consumers

Amazon is weighing up plans to pursue a corporate partnership that could see it begin selling cars to UK consumers on its website after...

Nike to cut 1,400 jobs and reduce trainer styles in restructuring

Nike plans to cut 1,400 jobs and reduce the number of its trainer styles on offer by a quarter under restructuring plans. The US sportswear...

Uber chief executive to take leave of absence

Uber chief executive Travis Kalanick will take a leave of absence for an unspecified period and let his leadership team run the troubled ride-hailing...

Hyperloop One’s proposed UK route could travel between London and Edinburgh in 50 minutes

Hyperloop One – Elon Musk’s high speed transport pods – have revealed their first shortlist of potential routes, including a 50 minute journey between...

US stock market receives boost from financial companies

Financial companies have led US stock indexes upwards, nudging the Nasdaq composite index to a record high. The latest gains came as the stock market...

#Vote2017: ‘No panic yet’ after pound hit by election shock

The pound remained in the doldrums after it was confirmed that the UK Conservative Party has lost its parliamentary majority. Sterling fell 1.5% to 1.27...

Sterling plunges as exit poll suggests British hung parliament

The pound plunged following a shock exit poll that indicated that the Conservatives have fallen short of an overall majority, resulting in a prospective...

Eurozone economy grows more than expected

The eurozone's economy has been growing by slightly more than expected. Official figures for the 19 countries using the currency show it rose by 0.6%...

BA passengers still waiting for compensation after bank holiday chaos

Passengers have told of continued delays in receiving compensation after a British Airways system outage caused travel chaos for tens of thousands. Almost two weeks...

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