- Advertisement -

CATEGORY

BUSINESS

South Korea’s LG to exit loss-making mobile phone business

South Korean electronics maker LG has said it is getting out of its loss-making mobile phone business to focus on electric vehicle components, robotics,...

Bet365 boss ‘earns £469m pay packet’

The boss of gambling firm Bet365 has reportedly earned a pay packet worth £469 million in a single year. Denise Coates, 53, is said to...

China targets British officials and H&M after EU move on Xinjiang abuses

China has announced sanctions on British officials and also targeted Swedish clothing retailer H&M in a spiralling dispute over complaints of abuses in the...

WeWork tries to go public again, this time through special-purpose acquisition

WeWork is to go public in a merger with a special-purpose acquisition company, according to reports, nearly two years after its attempted initial public...

LG to invest billions in US battery business amid electric cars drive

LG Energy Solution has said it will invest more than 4.5 billion dollars (£3.2 billion) in its US battery production business by 2025 as...

Yellen says Congress needs to ‘go big’ for relief package

Treasury Secretary Janet Yellen says Congress still needs to “go big” by passing President Joe Biden’s 1.9 trillion dollar (£1.37 trillion) relief package to...

Johnson and Johnson single dose Covid vaccine cleared by US officials

The US is getting a third vaccine to prevent Covid-19, as the Food and Drug Administration cleared a Johnson & Johnson shot that works...

US judge approves Facebook privacy lawsuit settlement

A US federal judge has approved a 650 million dollar (£466 million) settlement of a privacy lawsuit against Facebook for allegedly using photo face-tagging...

Volkswagen reports huge pre-tax profit despite Covid-19 disruption

German car maker Volkswagen has said it made a better than expected post-tax profit of €8.8 billion in 2020 despite the disruption from the...

Australia says Facebook will lift its Australian news ban

Australia’s government announced on Tuesday that Facebook has agreed to lift its ban on Australians sharing news after a deal was struck on legislation...

Latest news

- Advertisement -