Tag: new business ideas

Electric carmaker Tesla pushed back targets for its new Model 3 car, admitting it’s months behind schedule.Tesla said it would now produce 5,000 of the cars each week by early 2018, instead of December.The new target emerged as Tesla posted its biggest quarterly

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Just five years ago, DP World London Gateway was still being dredged from the Thames. Now the UK’s newest port is trying to lure the world’s biggest ships to its quayside to get us our shopping quicker. You browse online, click on something you fancy, and

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A new breed of fashionable private members clubs are growing in popularity around the world, promising to be more inclusive and diverse than their stuffy older counterparts.Yet while the newer venues certainly have a far more youthful membership, and you certainly

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The Bank of England will deliver one of the most closely watched interest rate decisions since the financial crisis later on Thursday.Economists and investors are expecting the first increase in a decade.In September, the Monetary Policy Committee (MPC) laid the

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The last time the Bank of England put up interest rates was ten years ago, in July 2007. As the Bank of England prepares to vote on what may be the first rate hike since then, we take a look back on the past decade in monetary policy.Video journalist Greg

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Facebook profits soared in the third quarter as it brought in more than $10bn from advertising.The firm said profits were $4.7bn (£3.5bn) in the three months to the end of September, up 80% year-on-year. Chief executive Mark Zuckerberg told investors the firm’s

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Lord Peter Hain has said a UK bank should be investigated for “possible criminal complicity” in connection with corruption allegations in South Africa.Lord Hain told the House of Lords he had sent print-outs of transactions and named the bank concerned in

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The Federal Reserve has said US economic activity remains “solid” despite recent hurricanes and voted to hold interest rates steady for now.The outcome of the US central bank’s meeting in Washington was widely expected.The Fed has raised benchmark

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For the past two days, passengers passing through Helsinki airport may have wondered whether their airline is suffering from weight issues. At check-in, Finnair staff have been asking them to please step briefly on to a set of weighing scales.But this isn’t a

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The price of Bitcoin has surpassed £5,000 per coin – a new record.While it is a historic moment of sorts, Bitcoin is usually compared to the dollar.The virtual currency peaked at $6,649.33 (£5,015) at about 16:34 GMT on Wednesday, according to Bloomberg.The

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