Bitcoin isn’t big enough to pose a risk to the global economy, Bank of England deputy governor Jon Cunliffe said on Wednesday, as the cryptocurrency hit a record high of above $10,000 (£7,493) for the first time. The virtual currency traded below $1,000...
Oil giant Shell has revealed that women are paid nearly a quarter less than their male colleagues. The UK’s biggest company said that it pays its female staff on average 22 per cent less than its male employees. The company said the two...
As many as 800 million people could be forced out of employment by 2030 due to the rise of robots in the workplace, according to a new report. Consultancy group McKinsey estimate that of those, up to 375 million individuals – or 14...
A man in Pennsylvania says he contracted an eye-eating parasite from an amusement park water ride, and he is suing the park for negligence. Robert Trostle claims that he contracted the parasite microsporidia in his left eye from being splashed during a...
Freight trains have killed more than 100 Norwegian reindeer in just three days. Torstein Appfjell, a reindeer herder in Helgeland county, said it was "totally tragic" and "unprecedented" for so many reindeer to die in such a way. He told the Associated Press a total...
Tesla switched on the world’s biggest lithium ion battery on Friday in time to feed Australia’s shaky power grid for the first day of summer, meeting a promise by Elon Musk to build it in 100 days or give it free.  “South...
The Government is planning to reopen railway lines that were closed in the 1960s as part of the Beeching cuts and to split up some of the major franchises. Transport Secretary Chris Grayling said on Tuesday said that the plans could help ease...
Emperor Akihito, who has spent much of his nearly three decades on Japan’s throne seeking to soothe the wounds of the Second World War, will step down on 30 April 2019 - the first abdication by a Japanese monarch in about two centuries. A...
Iceland’s Left-Green party is leading a new coalition government from across the political spectrum after weeks of coalition negotiations bore fruit this week. Katrin Jakobsdottir, the party’s leader, is the new prime minister – though government ministries are set to be dominated...
Jeremy Corbyn becoming prime minister would be worse for British business than Brexit, a Wall Street investment bank has warned. The Labour Party winning power could usher in “the most significant political shift in the UK since the end of the 1970s”, when...