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Nearly 20,000 US Amazon workers have tested positive for coronavirus

Amazon says nearly 20,000 of its frontline US staff have tested positive or been presumed positive for the virus that causes Covid-19. But the online...

TikTok fate in the balance as US judge weighs up app store ban

Lawyers for TikTok have pleaded with a US federal judge to delay the Trump administration’s ban of the popular video sharing program from app...

Tesla CEO Elon Musk unveils breakthrough in battery technology

Tesla is working on new battery technology that chief executive Elon Musk says will enable the company within the next three years to make...

Daimler to pay £1.17bn to settle emissions cheating probes in US

Car maker Daimler and subsidiary Mercedes-Benz USA have agreed to pay 1.5 billion dollars (£1.17 billion) to the US government and California state regulators...

Bank of England to hold rates as UK economy rebounds

The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...

Lego builds solid sales despite coronavirus

Danish toy company Lego saw its half-year sales rise solidly despite the coronavirus pandemic, as it benefited from long-term investments in e-commerce and product...

Walmart may team up with Microsoft in bid for US arm of TikTok

Walmart has said it may join Microsoft to buy the US arm of TikTok, the popular Chinese-owned video app that has come under fire...

Rolls Royce slumps to record €6bn loss amid Covid-19 crisis

Rolls-Royce has revealed record half-year losses due to plunging demand for air travel amid the pandemic as it unveiled plans to sell off parts...

Facebook to pay 106 million euros in back taxes to France

Facebook’s French subsidiary has agreed to pay 106 million euros (£94 million) in back taxes and penalties following persistent government efforts to get online...

Longtime Amazon executive Jeff Wilke to retire next year

Amazon retail chief Jeff Wilke, who has helped the company transform itself from an online bookstore into a global colossus, is retiring early next...

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