Business articles

Turkey sends team to UK over flight ban

Turkey sent a team of experts to Britain Tuesday to try to pursuade London to lift a ban on passengers carrying large electronic devices on flights from Istanbul, the Turkish transport minister said.

Elon Musk hints at new brain-computer project

Tech entrepreneur Elon Musk hinted Tuesday that he is working on a new startup focusing on brain-computer interface, part of his vision to help humans keep up with machines.

Bertelsmann bets on digital media, global expansion

German media and publishing group Bertelsmann Tuesday presented ambitious objectives for 2020, as its bets on digital and international expansion paid off with a second one-billion-euro annual profit in 2016.

ECB must face closer democratic scrutiny: Transparency

Democratic oversight and accountability must be overhauled at the European Central Bank, which has taken on an increasingly political role since the financial crisis, NGO Transparency International (TI) charged Tuesday.

Britain’s new 12-sided pound coin enters circulation

Britain’s new £1 coin with the symbols of England, Scotland, Wales and Northern Ireland goes into circulation from Tuesday on the eve of the launch of a Brexit process that has put national unity in doubt.

Tesco handed £214m penalties on false accounting

Supermarket Tesco has agreed to a fine and compensation costs totalling £214 million ($268 million, 247 million euros) after an accounting scandal at Britain’s biggest retailer, the Serious Fraud Office said Tuesday.