According to a study by the wine and spirits industry, more than half of the average Brit’s Christmas drink bill will go the taxman. According to research by the Wine and Spirits Trade Association (WSTA), U.K. consumers pay more in alcohol duty than most of their European Union (EU). In fact, in comparison to the typical…
Despite a conviction on negligence charges over a state payout made while she served as France’s finance minister in 2008, International Monetary Fund chief Christine Lagarde escaped punishment and kept her job. Hours after the verdict was issued by a panel of judges in Paris with no fine or jail term, the executive board representing the IMF’s 189…
It will be based on Comcast’s X1 platform and will launch sometime in 2018. However in 2017, it will provide its customers with 4K video features including 4K DVR facilities. In a strategic posturing, Comcast has taken care to present its X1 setup as a “platform” and not simply as a cable box. It’s now capitalising…
Parity between the value of the euro and dollar would be brought about by divergence in monetary policy between the United States and Europe, according to ING Group. Hitting the lowest level since August 2003 when it traded as low as 1.0357, on Thursday the euro hit a low of 1.0364 against the dollar. Due…
Validating Walt Disney Co’s strategy of spinning new stories and characters off of the sci-fi classic, ticket sales of “Rogue One: A Star Wars Story” through Friday put it on track to top the box office and post one of the biggest opening weekends of the year. Disney said in an e-mail that the feature,…
If only all Tesla models could drive themselves away once they are juiced up. With the increase in the number of Tesla models on the road, car owners are using the superchargers, located nationwide, and are leaving their cars plugged-in, despite them being fully charged up. Thus, the supercharger network is getting quickly clogged up…
The intelligence community of the United States have now agreed that Russia manipulated the results of the 2016 U.S. Presidential elections. What and how they will now use this intelligence will determine the fate of president-elect Donald Trump. James Comey, the Director of the FBI as well as James Clapper, the Director of the National…
There’s also the very real possibility of Samsung tying up with Magic Leap in the near future. If you are looking to snag a VR headset, you may be in luck as Samsung is set to unveil its latest Gear VR headset at the Virtual Reality Summit in San Diego. As per Sung-Hoon Hong, Samsung’s…
In a case related to the shape of the Kit Kat chocolate biscuit bar in an EU court which said it should be re-examined, Nestle has lost a tussle with rival Mondelez International over the validity of its EU trade mark for the shape. In 2007, the Kit Kat four fingers trade mark was asked…
Questions have been raised over profitability even as Nintendo premieres its new, highly-anticipated “Super Mario Run” mobile game. This is the first iPhone game released by the Japanese gamemaker. Technology news site Recode reported that within an hour of its premiere the app became the top downloaded iPhone app in the U.S. after its release globally for…
