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Toyota invests in Silicon Valley robotics programme

Digital Desk -
Toyota is investing $1bn (€920m) in a Silicon Valley research company to develop artificial intelligence and robotics. The move underlines the Japanese car maker’s determination...
BUSINESS

M&S boosted as profits overshadow clothing woes

Digital Desk -
Shares at Marks & Spencer were on the front foot after the retail giant unveiled a better-than-expected rise in half-year profits, but saw a...
BUSINESS

Volkswagen admits underestimating CO2 emissions in 800,000 cars

Digital Desk -
Volkswagen has found a new issue around what it calls "unexplained inconsistencies" in carbon dioxide emissions from 800,000 vehicles. The latest revelation, where the car...
BUSINESS

Volkswagen ‘cheated for second time on emissions tests’

Digital Desk -
The US government has said German car giant Volkswagen cheated on emissions tests for a second time. The Environmental Protection Agency (EPA) said the firm...
BUSINESS

Standard Chartered bank to cut 15,000 jobs worldwide

Digital Desk -
Standard Chartered is to slash 15,000 jobs worldwide and is making a $5.1bn cash-call to investors as part of a major overhaul to shore...
BUSINESS

Candy Crush firm to be bought for $5.9bn

Digital Desk -
Gaming giant Activision Blizzard is set to buy the maker of Candy Crush in a deal worth US$5.9bn. Activision said the purchase of King Digital...
BUSINESS

Uber driver jailed for raping female passenger

Digital Desk -
An Uber driver has been sentenced to life in prison for raping a passenger in his vehicle in New Delhi last year. The judge had...
BUSINESS

Ryanair sees profits fly high for first half of year

Digital Desk -
Ryanair have announced that their profits for the first half of 2015 have risen 37% to just over €1bn. The budget airline also announced that...
BUSINESS

HSBC quarterly profit surges by third as costs fall

Digital Desk -
HSBC Holdings reported in Hong Kong that pre-tax profit has jumped by a third in the latest quarter as it paid out less in...
BUSINESS

Aer Lingus records €45m operating profit since joining IAG

Digital Desk -
Financial results from IAG show that Aer Lingus made an operating profit of €45m since it joined the airline group in August. The parent company's...
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