UK to ban most hybrid cars, including Prius, from 2040
Hybrid cars that rely on traditional engines would be banned by 2040 under plans being drawn up by the UK government. The FT reports.
Top crypto exchange Coinbase prepares for a monster increase in trading
In a response to New York Attorney General Eric Schneiderman’s inquiry into exchanges, Coinbase said increased its transaction capacity by 1000 percent year over year and was going to double it again in the coming months.
Argentina raises interest rates to 40%
The central bank raises interest rates by nearly 13 percentage points in eight days as the peso plummets.
US adds 164,000 jobs in mixed April report
The US unemployment rate fell to 3.9% in April, the lowest rate since 2000.
Trump says date and place for North Korea meeting are set
President Donald Trump said that details for a meeting with Kim Jong Un would be announced soon.
Ferrari shares hit record high in Milan after automaker posted solid earnings
Ferrari’s stock led the pan-European Stoxx 600 and the autos sector.
Watch Warren Buffett’s full interview on his bold Apple investment, the iPhone X and GE
In a whirlwind start to a weekend chock full of Berkshire Hathaway news, Warren Buffett discusses his investment strategy.
United Technologies Corp. gets European go-ahead for $23 billion purchase of Rockwell Collins
The tie-up has been described as the biggest all-aerospace deal in history.
The US economy will remain strong for the next three years, 71% of global CFOs believe
Corporate players cited global economic recovery, domestic tax reform and deregulation as core factors contributing to the strong sentiment.
Twitter users told to change passwords after internal leak
Passwords were exposed on Twitter’s internal network by a glitch, the social network says.