Economy

George Soros foundations now control $18 billion: reports by Lawrence Delevingne NEW YORK (Reuters) - Investor George Soros has transferred about $18 billion, the majority of his estimated fortune, to his Open Society Foundations, making them...

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...

Amazon steps up UK expansion drive with new distribution center     LONDON (Reuters) - Amazon (AMZN.O) said on Friday it would open a new distribution center in Bolton, northwest England, in 2018, stepping up its expansion...

Hackers rack up £12,000 phone bill and providers passed it on to me Anna Tims Pennine and Focus Group blame each other after hundreds of premium rate overseas calls were billed to my company. I run a...

What are the Benefits of Using Polycom Phones? by Dale Harris   Today’s business landscape demands nothing but the best in communication. The 9-to-5 grind is essentially dead, since business is conducted 24/7 in today’s internet and social...

Why You Should Do HIPAA Compliance Training Every Year by Dale Harris   More than 10.5 million data records get lost or stolen every single day. Many of the breaches are accidental and the result of an oversight or lack...

Walmart’s online sales soar in the US By Luján Scarpinelli   Walmart, the world’s largest offline retailer, sees good results in e-commerce sales. Walmart’s online sales in the US grew by 60 percent year-on-year in Q2 2017, boosting...

Apple to invest $921m in renewable powered data centre By Rachel Connolly The US tech giant has announced plans to build a second green energy data centre in Denmark On July 10, Apple confirmed plans to build...

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...

Major Chinese bitcoin exchange stops trading By Kim Darrah   One of China’s top three bitcoin exchanges has announced that it will stop trading amid crackdown from authorities. Having hit record highs just weeks ago, bitcoin’s boom has...