Editor -in-Chief - S. Mahmood

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MPs to launch select committee inquiry into Sainsbury's Asda merger

MPs are planning their own inquiry into the tie-up of Sainsbury's and Asda, separate to the competition watchdog's probe.<p>The Environment, Farming and …

Sainsbury's

Disney to invest big money on a struggling Euro Disney

Hoping to turn around a struggling Euro Disney, the<p>Walt Disney Co.announced plans Friday to buy out all other shareholders and invest $1.6 billion in the Paris resort.<p>The financial bailout is the second in three years for the European theme park, which has reported weak financial results and …

Ford Is Investing $1 Billion In An Ex-Googler’s Artificial Intelligence Company

Argo AI, which is run by former Google and Uber self-driving engineers, will help develop Ford’s autonomous vehicles.<p>Ford, which has plans to put self-driving cars on the road by 2021, said Friday that it will invest $1 billion in the artificial intelligence company Argo AI, which is run by former …

This Pharma Company Is Selling a Decades-old Drug to Treat Muscular Dystrophy for $89,000

Young Americans living with a devastating muscle disease in the U.S. face an approximately $88,000 price hike for a year’s worth of treatment that’s …

Sales Launch on London Schoolhouse Converted to Luxe Flats

The historic brick building featured in the film “The Theory of Everything” and has 18 residences<p>A developer has launched sales for 18 luxury …

Walt Disney Company to bail out struggling European sister

Walt Disney Company has boosted its stake in its less successful European sister and promised to support the struggling business with more cash.<p>The US company increased its share of loss-making Euro Disney, which runs a theme park in Paris, to 85.7pc from 76.7pc, by acquiring a stake from Saudi …

Walt Disney Company

Pimlico loses appeal against plumber's worker status in gig economy case

Pimlico Plumbers has lost a court battle over the status of its workers, in the latest legal ruling on employment status in the gig economy.<p>It came as the government released a report warning that “unscrupulous” employers were in a position to exploit low-paid and low-skilled workers.<p>Plumber Gary …

Employment

China exports surge amid trade spat with US

China has reported better-than-expected trade data for January, pointing to greater demand both at home and abroad. The fresh figures came as Beijing …

Expedia CEO: Hopefully we'll live to see the end of the year

Some CEOs live for a better bottom line. Expedia's CEO just hopes we live, period.<p>Expedia (EXPE) CEO Dara Khosrowshahi ended an otherwise routine conference call about the company's fourth quarter earnings with a gloomy comment on our fragile mortality.<p>"Just a big thank you to our global employee …

Big banks may actually prefer sticking with Dodd-Frank

ObamaCare isn't the only Obama-era legislation that President Trump and the GOP are eager to dramatically modify. The Dodd Frank financial reform law is also being targeted for big changes.<p>Much of the controversy has centered on possible reforms to the Consumer Financial Protection Bureau. That is …

UK manufacturing and construction ended 2016 on a strong note

Britain’s manufacturers and construction firms had a December bounce, adding to evidence that the UK economy ended 2016 on a strong note despite the Brexit vote.<p>Backing up official estimates that show the UK economy was the fastest growing of the G7 leading industrial countries last year, figures …

Economics

Single dad who scooped £250,000 on lottery wants to buy an Audi A3 - there's just one catch

A single dad who scooped nearly £250,000 on the EuroMillions is looking forward to splashing the cash on his dream car.<p>Andrew Nabb, 33, won a cool …

Amazon warns that trade protectionism could hurt business

(Reuters) - Amazon.com Inc (AMZN.O) warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump's "America First" agenda.<p>In a routine description of regulatory risks in its 2016 …

The high street restaurants being called out for serving antibiotic-reared meat

A sweeping survey of food retailers has revealed that major restaurant and pub chains are still serving meat from animals routinely treated with …

Microbiology

eBay founder Pierre Omidyar is financing a universal basic income experiment

The idea of a universal basic income, a guaranteed minimum payment for all citizens, is gaining momentum as a potential solution for an increasingly stratified society—one in which technology and other forms of progress generate enormous wealth for some and unemployment and economic despair for …

British Airways cabin crew to stage four-day strike from next week

Mixed fleet cabin crew's industrial action over pay will be the third strike in February alone.<p>British Airways cabin crew will go on a new strike …

Inflation jumps in January as vegetable shortages set to push up prices further

Inflation has jumped to a three year high amid warnings that recent vegetable shortages would push up the cost of living further in the coming months.<p>Higher petrol and food prices lifted inflation to 2pc in January compared with a year earlier, up from 1.6pc in December, official figures are …

Economics

Fraud case and falling share price take shine off Lloyds’s farewell to taxpayer

When Lloyds Banking Group last week finally accepted responsibility for compensating the small business customers who were victims of a £245m fraud involving HBOS Reading, it was again forced to face up to the nasty surprises that lurk inside the once fast- growing bank it took over during the 2008 …

Investing

You Can Now Eat KFC's Fried Chicken-Pizza Mashup in Singapore

The crust is made out of fried chicken<p>KFC is now serving its fried chicken pizza — the Chizza — in Singapore.<p>The Chizza uses flattened fried chicken …

McDonald's Is Testing a Snow Crab Sandwich in California

A former 'Top Chef' contestant helped develop the new item<p>McDonald’s is adding a snow crab sandwich to its menu.<p>The fast food giant developed the new …

One of the Best Return Policies in Retail Could Be Going Away

Get it while you can.<p>One of the reasons L.L. Bean customers are so loyal to the brand is because of its amazingly generous return policy. “We make …

Donald Trump's Complicated Relationship With Wall Street, in One Photo

One lawmaker, one brokerage firm, and some significant campaign donations.<p>It was the kind of moment most politicians dream about. U.S. Rep. Ann …

Amazon Is Going to Start Selling Its Own Line of $10 Bras

Starting in the next few weeks<p>For women sick of spending a lot money on lingerie, there’s about to be a new, cheap way to buy bras: Amazon.<p>The online …

Google’s Hard-to-Come-By Pixel XL Is Back in Stock

And one model ships right away<p>Google’s self-produced phablet, the Pixel XL, is back in stock after spending weeks on the sidelines.<p>Three of the six …

Retailers Are Now Slashing Prices on Ivanka Trump Products

Look for discounts of 50% to 70%.<p>Nordstrom says that its recent decision to stop selling Ivanka Trump designs has nothing to do with politics. “Sales …

Here's How to Get Up to $120 Off Apple's iMac

It's Black Friday all over again<p>Apple has a pair of enticing deals for people interested in buying the all-in-one desktop iMac.<p>The 21.5-inch …

Apple CEO Tim Cook Tells Students: If You Work Only For Money, You Will Never Be Happy

And he had some choice words for President Trump.<p>Apple CEO Tim Cook delivered a message Wednesday to students at Scotland’s University of Glasgow, …

Under Armour Debuts Its First Made in America Apparel

Under Armour is adding a new logo to some of the company’s clothes: “Made in America.”<p>The second largest U.S. sports brand on Monday debuted an …

Deutsche fined $630 million for failures over Russian money-laundering

NEW YORK/FRANKFURT (Reuters) - Deutsche Bank <DBKGn.DE> agreed to pay $630 million in fines to U.S. and UK regulators for failing to prevent around $10 billion in suspicious trades being laundered out of Russia, settling a second major legal case this month.<p>The scheme involved so-called mirror …

Amazon’s Jeff Bezos Weighs in Against Trump Travel Ban

Amazon chief executive officer Jeff Bezos sent a memo to employees Monday stating the company’s opposition to the travel ban initiated by Donald …