Italy, a country steeped in ancient tradition, has taken a stride forward in the twenty-first century race towards automation, becoming the first country to showcase a robot-conducted orchestra. YuMi, a dual-armed robot designed by ABB, accompanied Italian tenor Andrea Bocelli and conducted the Lucca Philharmonic Orchestra at a gala event in Pisa’s Teatro Verdi Tuesday […]

Nothing has been formally agreed with the European Union on moving the next round of Brexit negotiations, British Prime Minister Theresa May‘s spokeswoman said on Tuesday. Earlier, diplomats in Brussels said the EU and Britain had agreed to delay the talks by a week to Sept. 25 on expectations that May would make an important […]

The British government toughened its stance on Rupert Murdoch’s $15 billion takeover of Sky, sending shares in the pay-TV group down sharply on fears it would take longer, and be more difficult, to complete. British Media Secretary Karen Bradley had already said it would ask the competition regulator, the CMA, to examine whether the deal […]

Initial coin offerings (ICOs), the practice of creating and selling digital currencies to finance start-up projects, are “very high risk” and speculative, Britain’s Financial Conduct Authority (FCA) warned on Tuesday. ICOs are a digital form of raising funds from the public using a virtual currency, with issuers accepting Bitcoin or Ether in exchange for a […]

Spain, Ireland and the Netherlands were among the top nations investing the most in the United States last year, while China failed to crack the top 10, according to the latest figures published by the U.S. Department of Commerce. The data released by the department’s Bureau of Economic Analysis showed multi-billion dollar foreign direct investments […]

Norway’s tax-cutting Conservative Prime Minister Erna Solberg declared victory on Tuesday after a parliamentary election, narrowly defeating a Labour-led opposition with her promises of steady management of the oil-dependent economy. The win is historic for Solberg, whose supporters compare her firm management style to that of German Chancellor Angela Merkel, because no Conservative-led government has […]

British inflation hit its joint highest in more than five years in August as households paid more for fuel and clothing, complicating the Bank of England’s job of explaining why it is not raisinginterest rates. The fall in the value of the pound since last year’s Brexit vote helped push up clothing costs which jumped […]

Traditional European automakers are increasingly prioritizing the development of electric cars over combustion engines as they seek to gain market share in a space dominated by U.S. upstart Tesla. “It is quite clear the future will be electric,” Ralf Speth, Jaguar Land Rover chief executive, told CNBC on Tuesday. “We are going to deliver a […]

Insolvent Air Berlin said it is cancelling around 70 flights on Tuesday after pilots called in sick in unusually high numbers. Departures information on its website showed flights cancelled from a range of German airports including Berlin Tegel, Duesseldorf, Hamburg and Cologne. TUIfly was also forced to cancel flights last year after many pilots called […]

European markets are set to open higher Tuesday as investors enjoy a lull in the ongoing conflict with North Korea and the worst effects of Hurricane Irma appear to have passed. The FTSE 100 is seen opening 26 points higher; the German DAX is expected up by 17 points; and the French CAC is on […]