Lego cuts 1,400 jobs following first drop in sales in 13 years

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Lego cuts 1,400 jobs following first drop in sales in 13 years By Luján Scarpinelli   The Danish toy manufacturer seeks efficiency after posting first revenue fall in more than a decade in the first half of...

Bitcoin price soars above $5,000 to record high

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Bitcoin price soars above $5,000 to record high  Julia Kollewe Rising price of the cryptocurrency, now worth four times as much as an ounce of gold, has led to warnings of a bubble. The price of bitcoin...

Bitcoin price falls below $6,000 as banker signals crackdown

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Bitcoin price falls below $6,000 as banker signals crackdown Angela Monaghan   BIS head says cryptocurrency is a ‘Ponzi scheme’ that poses a threat to financial stability. The price of bitcoin yo-yoed wildly again on Tuesday, falling 14%...

Tesla cuts nine percent of workforce in search of profit

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Tesla cuts nine percent of workforce in search of profit   In its fifteen-year existence the company headed up by Elon Musk has not made a profit, and it's burning through cash at an unprecedented rate. Tesla...

Advanced Hair Clinics drives medical tourism in Greece

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Advanced Hair Clinics drives medical tourism in Greece Author: Dr Anastasios Vekris, Plastic Surgeon and Medical Director, Advanced Hair Clinics   By proving hair transplants can be painless and natural-looking with the right clinic and physician, Advanced...

China urges BRICS to promote open world economy

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China urges BRICS to promote open world economy   Chinese President Xi Jinping calls for the BRICS nations - Brazil, Russia, India, China and South Africa - to boost more open global economy and push for...

EU fines Facebook €110 million over WhatsApp deal

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EU fines Facebook €110 million over WhatsApp deal   The European Commission levied the $123M fine because Facebook had said it could not automatically match user accounts on its namesake platform and WhatsApp, but two years...

L’Oreal set to sell the Body Shop for $1.1bn

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L’Oreal set to sell the Body Shop for $1.1bn   Author: Rachel Connolly   French cosmetics giant L’Oreal is in exclusive talks to sell the Body Shop to Brazil’s Natura in a €1bn deal. On June 8, L’Oreal began...

Ford Lyfts AI efforts with autonomous vehicle partnership

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Ford Lyfts AI efforts with autonomous vehicle partnership By Barclay Ballard   Ride-hailing app Lyft and automobile giant Ford will collaborate in an attempt to bring self-driving vehicles to the mainstream before fierce competitor Uber. On September 27,...

Apple and Dell bid to acquire Toshiba’s memory chip business

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Apple and Dell bid to acquire Toshiba’s memory chip business By Luján Scarpinelli   The US tech companies are part of a consortium led by Bain Capital hoping to purchase the Japanese heavyweight’s memory chip business. In a...

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