Amazon brings live broadcasting to Europe to compete with Sky, Facebook and Netflix

“For the first time, Prime members in the UK and Germany will be able to choose to watch premium TV channels without having to sign up to a bundle or a contract, giving them the freedom to pay for only what they want to watch,” said Alex Green, managing...

Euro zone business maintains blistering growth rate in April

That confounded the median expectation in a Reuters poll for a dip to 56.6. “It’s a very good result and it’s broad based. We’ve got a good pace of growth here. The fact we have maintained this high level in May is great news for second quarter...

Cathay Pacific denies report of additional 200 redundancies

Cathay Pacific Airways has denied a report that it is retrenching another 200 employees, a day after the airline said it was cutting 600 jobs in its biggest headcount reduction in almost two decades. South China Morning Post, citing sources, reported on Monday that...

Here’s why making electric cars is so challenging for German auto makers

Silicon Valley is fast disrupting the future of cars, forcing established groups to invest in technology to make their vehicles electric, connected to the internet, and equipped with self-driving sensors and software. But in the coming years, Germany hopes to unleash...

New Ford CEO promises to be a ‘cultural change agent,’ Bill Ford says

Ford Executive Chairman Bill Ford said the company’s newly appointed CEO, Jim Hackett, will be a “cultural change agent.” “[Hackett] will continue to transform the culture of Ford,” Executive Chairman Bill Ford said Monday during a news...