Recent Innovation News
LONDON Prime Minister Theresa May will hail "a new sense of optimism" in Brexit talks on Monday, telling parliament Britain and the European Union should sign off on a deal at a summit this week "to move forwards together" to discuss future trade ties.
BRUSSELS Israeli Prime Minister Benjamin Netanyahu on Monday urged the European Union to follow U.S. President Donald Trump's lead and recognise Jerusalem as Israel's capital, but EU ministers shook their heads at Trump's move.
NEW YORK/SYDNEY Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.
LONDON HSBC on Monday said its deferred prosecution agreement with the U.S. Department of Justice has expired, marking an end to the threat of further punishment for lapses in its anti-money laundering controls.
CARACAS President Nicolas Maduro set his sights on Venezuela's 2018 presidential election after the ruling Socialist Party predictably dominated mayoral polls with the help of a partial boycott by a demoralized opposition.
DUBAI Saudi Arabia said on Monday that public cinemas would be allowed in the conservative kingdom for the first time in over 35 years, and that the first ones were likely to open next March.
LONDON Squeezed British consumers reined in Christmas travel plans and bought fewer new cars last month, setting the stage for the first fall in festive spending in five years, credit card company Visa said on Monday.
SANTA BARBARA, Calif. A massive California wildfire that has already destroyed nearly 800 structures scorched another 56,000 acres on Sunday, making it the fifth largest such blaze in recorded state history, as it ran toward picturesque coastal cities.But fire officials said as darkness fell that with the hot, dry Santa Ana winds not as fierce as expected, crews had been successful in building some fire lines between the flames and the towns of Montecito and Carpinteria. | Video
Britain's Labour Party is considering moving some of Bank of England's functions to Birmingham, from its current home in Threadneedle Street in the City of London, according to an interim report on the British financial system released on Sunday.
LONDON Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its licence in its most important European market.