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BUSINESS

Oil production to be curbed after Opec agreement reached

Members of Opec have reached a preliminary agreement to curb oil production for the first time since the global financial crisis eight years ago,...

How Brexit vote aftermath unfolded in business world

The Brexit vote was followed by a deluge of warnings from businesses amid fears over the hit to consumer confidence and as the pound...

Moody’s downgrades Turkey’s credit rating to ‘junk’

Moody's has downgraded Turkey's credit rating to "junk" status, in a further blow to an economy shaken by terrorist attacks, a failed military coup...

Yahoo hackers steal data from 500 million user accounts

Yahoo has confirmed personal data from 500 million accounts has been stolen in a massive security breach. The hack dates back to late 2014. The stolen...

UK manufacturing sector enjoying ‘Brexit bounce’

There were further signs of a "Brexit bounce" in the UK economy as figures showed a robust performance from the manufacturing sector in September. The...

1,400 investor lawsuits seek damages from VW

A German court said it has added staff and storage space to handle a flood of 1,400 investor lawsuits against Volkswagen seeking damages worth...

Walmart submits patent application for driverless shopping trolley

Walmart’s plans to build a driverless shopping trolley appear to have taken a step forward after the supermarket chain lodged a patent application for...

YouTube could pay more to artists under copyright law shake-up

Video websites such as YouTube may be forced to pay more to artists and record labels to avoid “exploitation of content” under plans to...

GM recalls four million vehicles for air bag defect linked to one death

General Motors (GM) has recalled more than four million vehicles, most of them in the US, to fix an air bag software defect that...

EU finance ministers back Apple tax ruling

EU finance ministers have lined up behind an EU Commission ruling that technology giant Apple owes billions of euro because it did not pay...

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