Tria claims EU version of budget would be economic ‘suicide’ for Italy
Brussels and Rome are in a constant back and forth over budget negotiations but analysts told CNBC that it is the markets that matter the most.
Supermarkets win £300m cash machine case
Sainsbury’s and Tesco are among those set to be refunded millions of pounds, following a court ruling.
Christie’s to auction a pink diamond that could fetch $50 million
Christie’s puts under the hammer next week the largest fancy vivid pink diamond that the famed auction house has ever sold, expecting to fetch $30 million to $50 million for the nearly 19-carat, rectangular-cut gemstone.
There will be an oil shortage in the 2020s, Goldman Sachs says
Goldman’s head of EMEA Natural Resources says a lack of production will drive prices up.
The ‘world’s first’ A.I. news anchor has gone live in China
“English AI Anchor” debuted at the World Internet Conference in the country’s eastern Zhejiang Province. Modeled on the agency’s Zhang Zhao presenter, the new anchor learns from live videos and is able to work 24 hours a day.
Singles Day has become a multibillion-dollar mega-event. Here’s how it got so big
Singles Day — celebrated on Nov. 11 — has become a massive online retail, bringing in more than the online sales of Black Friday and Cyber Monday combined.
UK economy grows at fastest rate since late 2016
Warm weather boosted consumer spending, but growth is tailing off, official figures show.
KPMG stops consultancy for audit clients
The “big four” accountancy firm becomes the first to say it will not offer consultancy to audit clients.
Chinese headmaster fired over secret coin mining at school
A stack of crypto-currency mining machines was found after teachers complained about excessive noise.
Dow drops 200 points on worries about slowing global economic growth
Stocks fell on Friday as further losses in oil prices sparked fears of a global economic slowdown, but the major indexes still managed solid weekly gains.