EU announces legal entity to maintain business with Iran

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The European Union said Monday its members would set up a payment system to allow oil companies and businesses to continue trading with Iran...

Instagram co-founders resigning

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Instagram co-founders Kevin Systrom and Mike Krieger are leaving the smartphone photo-sharing service bought by Facebook six years ago for a billion dollars, the...

Switzerland considers tighter rules on sustainable ‘fair food’

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Swiss voters are casting their ballots in not one, but two votes which campaigners say will promote ethical and sustainable food. The votes follow scandals...

Late to the party, German carmakers join race against Tesla

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After years watching Tesla's electric cars speed ahead while they have been on the defensive over an industry-wide diesel emissions scandal, German high-end manufacturers...

Comcast eclipses Murdoch’s Fox with £30 billion Sky bid

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US cable giant Comcast outbid Rupert Murdoch's 21st Century Fox in a blind auction for the European TV operator Sky on Saturday that all...

Alibaba’s Ma says 1m US jobs pledge thwarted by trade row

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Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between...

Millennium fortune: Han Solo jacket up for auction in London

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The jacket worn by loveable Star Wars scoundrel Han Solo in "The Empire Strikes Back" as well as Indiana Jones's signature fedora are among...

$60 million in virtual currency hacked in Japan

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Digital currency worth around 6.7 billion yen ($60 million) has been stolen in Japan following a hacking attack, a virtual exchange operator said on...

Milan Fashion Week regales in green-tinted luxury

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Milan Fashion Week kicks off on Wednesday with cutting-edge couturiers taking over the city to present their women's ready-to-wear Spring/Summer 2019 collections, while doffing...

Sri Lankan – Thai FTA to be concluded by 2020

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Negotiations on a Thailand-Sri Lanka free trade agreement (FTA) would be concluded by 2020, Auramon Supthaweethum, director-general of Thailand’s Department of Trade Negotiations, told...