Milk prices are set to rise in Europe as the continent faces a shortage of milk, cream and butter by Christmas, the head of one of the world’s biggest dairy companies said on Friday. Global milk prices, which are up about 28 percent from 12 months ago after producers cut output, have stabilised in recent […]
Read moreBritain said on Friday it had received the additional advice it had requested on Rupert Murdoch’s bid to buy broadcaster Sky, and it would decide whether to refer the deal for an in-depth review as soon as possible. Regulator Ofcom was asked to look again at the deal earlier this month after opponents lobbied Minister […]
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WITH 1.4bn passengers annually, the London Underground is one of the world’s busiest transport systems. It is also one of the most crowded, sometimes producing an element of friction among commuters over small acts of inconsideration. This week YouGov released the results of a survey of the things that most wind up passengers as they […]
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‘The bulls remain in firm control’: Why some investors are pouring thousands into rare whisky
Investment in old, rare and exclusive bottles of whisky is booming, according to analysts. In the U.K. alone, the value of collectable bottles of Scotch sold at auction broke a record high of £11.18 million ($14.34 million) in the first half of 2017 – a rise of 94 percent from the first half of 2016 […]
Read moreFedEx is betting on bots to help increase the efficiency of its employees. Since 2016, the company has been using autonomous delivery robots at its equipment repair center in Collierville, Tennessee. Technicians can call the robots to retrieve, move or pick up various parts and tools they need from the stock room without having to […]
Read moreNew images have emerged that allegedly portray a streaming music service from Tesla, called “TTunes.” The images were provided to Tesla blog Electrek by an insider named “Green” who digs around inside of Tesla’s software. It’s not immediately known if Tesla already has contracts with music partners or if this is just early software in […]
Read moreCheck out which companies are making headlines before the bell: Big Lots – The discount retailer reported quarterly profit of 67 cents per share, five cents a share above estimates. Revenue was above forecasts, as well. Big Lots also posted a slightly-better-than-expected comparable-store sales increase of 1.8 percent. Starbucks – Wedbush upgraded the coffee chain’s […]
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In stinging attack, France's Macron says Poland isolating itself in Europe
French President Emmanuel Macron on Friday said Poland was isolating itself in Europe and Polish citizens “deserve better” than their government’s refusal to seek compromise on European rules on the employment of labour from low-pay nations. Macron said Warsaw, where a nationalist, eurosceptic government has been in power since 2015, was moving in the opposite […]
Read moreThe futures market has “solidly” anticipated the intensifying threat from Hurricane Harvey, commodities king Dennis Gartman told CNBC on Friday. “This is going to be a short-term event,” the Gartman Letter editor and founder said. “Obviously there are going to be repercussions. What has happened, however … it’s put downward pressure on crude oil, which […]
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Frankfurt hopes to become 'little London' after Brexit: City official
Frankfurt could become a miniature version of London after Brexit, a city official has predicted, after a study said tens of thousands of jobs would be created, bolstering Germany’s banking capital. The research, commissioned by the city’s chief promoter, is the first comprehensive tally on possible job creation in Frankfurt, as London, its dominant British […]
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