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BUSINESS

Mitsubishi president to resign over mileage cheating scandal

Digital Desk -
Mitsubishi president Testuro Aikawa is stepping down over the mileage cheating scandal unfolding at the Japanese car maker. Mr Aikawa has told reporters he will...
BUSINESS

Tesco boss Dave Lewis gets £2.9m bonus as supermarket returns to the black

Digital Desk -
Tesco chief executive Dave Lewis has been awarded an annual bonus of £2.9m, taking his total pay for the year to £4.6m. The figures, revealed...
#EUREF

Brexit would see house prices fall significantly, says George Osborne

Digital Desk -
House prices will fall significantly if Britain votes to leave the European Union, Chancellor George Osborne has said. First-time buyers would simultaneously struggle because mortgage...
BUSINESS

Netflix shares lose ground due to lower subscribers target

Digital Desk -
The value of shares in Netflix has fallen after the company reduced a new subscribers target. The streaming service says it is aiming to add...
BUSINESS

Apple confirms June 13 is the start of its developer conference WWDC

Digital Desk -
Apple’s big annual event of the summer, the Worldwide Developers’ Conference, better known as WWDC, has been confirmed for June 13 in San Francisco. The...
BUSINESS

BlackBerry is planning two more Android smartphones for this year

Digital Desk -
BlackBerry will release two new Android smartphones this year, the company’s CEO has said. In an interview with the Abu Dhabi news website The National,...
BUSINESS

Jimmy Choo sales outpace global competition

Digital Desk -
British designer shoe brand Jimmy Choo shrugged off the woes in the luxury goods sector to post higher annual sales and earnings. The group said...
BUSINESS

Oil giants propose to freeze oil production’ if other oil producers join’

Digital Desk -
Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. Energy minister Alexander...
BUSINESS

Janet Yellen: Pace of future US rate hikes could be slowed

Digital Desk -
The US economy faces a number of global threats that could derail growth and compel the Federal Reserve to slow the pace of future...
BUSINESS

Google boss Sundar Pichai becomes highest paid chief executive in US

Digital Desk -
The boss of Google has become the highest paid chief executive in America after being handed $199m in shares. Sundar Pichai was awarded 273,328 shares...
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