Tag: new business ideas

Special oversight of Greek government spending should be lifted, the European Commission has recommended.The EU imposed disciplinary measures against Greece when its deficit ballooned after the financial crisis.Years of austerity have seen the country repair its

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Coca-Cola bottles in the UK will now have more recycled plastic in them.The drinks firm has announced that all 20 of its brands including Sprite, Fanta and Schweppes, will be made up of 50% recycled plastic by 2020.The move to boost the recycled content of plastic

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Royal Bank of Scotland has agreed a £3.65bn ($4.75bn) settlement for its role in the sale of risky mortgage products in the US before the financial crisis.The settlement is with the US Federal Housing Finance Agency, which oversees the secondary mortgage market. A

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Microsoft is showcasing new artificial intelligence technology in the form of the new ‘Seeing AI’ app for the visually impaired.The launch is part of a bid by the company for recognition as a leader in the field of AI alongside companies like Google,

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Could Overwatch be the game to take e-sports mainstream?Its developer Activision Blizzard has just announced the first seven team owners for a forthcoming league. It believes, in time, the tournament could prove more lucrative than the UK’s Premier League

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Burberry has reported increased sales in the three months to June, helped by demand from China.The fashion retailer started the 2017-18 year with a 4% increase in like-for-like sales. In China sales growth was in the “mid-teens”.It is the first set of

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Canadian universities are seeing a surge in applications from overseas students, with the country’s liberal, migrant-friendly image appearing to be an important attraction.Students who might once have headed for the United States now seem to be reconsidering and

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The proposed purchase by supermarket giant Tesco of wholesaler Booker is to be subjected to an in-depth probe, UK competition authorities have said.The Competition and Markets Authority (CMA) says there are concerns over the proposed £3.7bn tie-up.The CMA said there

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Ten employees of Australian casino group Crown Resorts have been released from a Chinese jail.The group, including Australians Jerry Xuan and Pan Dan, served nine months in prison after admitting illegally promoting gambling in China. Six others remain in custody

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Cattle has been flown into Qatar to boost milk supplies amid a blockade of the country led by Saudi Arabia.The 165 Holstein dairy cows arrived from Germany – the first of about 4,000 cattle due to be imported.Air, sea and land restrictions have caused turmoil in

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