Jeff Bezos: Amazon founder is world’s new richest man – BBC News

Jeff Bezos: Amazon founder is world’s new richest man – BBC News

Image copyright Getty Images Amazon founder Jeff Bezos has overtaken Bill Gates to become the world’s richest person, worth $90.7bn (£69bn). A 2.4% rise in Amazon shares on Thursday means Mr Bezos’s wealth has now eclipsed the Microsoft co-founder by $700m, according to Forbes. Mr Bezos, 53, owns about 17% of the shares in Amazon, […]

Petrol and diesel ban: How will it work? – BBC News

Petrol and diesel ban: How will it work? – BBC News

Image copyright PA All sales of new petrol and diesel cars will cease in the UK by 2040, under plans to tackle air pollution. But with electric cars currently accounting for less than 1% of new sales, the switch will mean seismic changes, and gives rise to a host of pressing questions. Why are petrol […]

Juices, low-sugar sodas help Coca-Cola profit beat estimates – Reuters

(Reuters) – Coca-Cola Co’s (KO.N) profit, in its first quarter under new Chief Executive James Quincey, beat analysts’ estimates on higher demand for its healthier non-carbonated beverages as well as low and no-sugar versions of its sodas. Coca-Cola, like rival PepsiCo Inc (PEP.N), has been building its non-carbonated drinks portfolio and stepping up efforts to […]

‘This will not be the last acquisition,’ Michael Kors’ CEO says after Jimmy Choo deal – CNBC

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McDonald’s, Caterpillar power S&P to record – Reuters

(Reuters) – A set of strong earnings from companies, including Caterpillar and McDonald’s, lifted the Dow and drove the S&P 500 to a record high, but the tech-heavy Nasdaq was dragged lower by losses in Google parent Alphabet Inc. Shares of McDonald’s (MCD.N) surged 5 percent after the fast-food giant posted the biggest rise in […]

US home sales stumble as prices hit record high – Reuters

WASHINGTON (Reuters) – U.S. home resales volumes fell more than expected in June as a dearth of properties pushed house prices to a record high. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last month. May’s sales pace was […]

Japan Captures More Photographs of Likely Melted Fukushima Fuel – Bloomberg

A trove of new images captured in the past few days show what is likely to be melted nuclear fuel from inside one of Japan’s wrecked Fukushima reactors, a potential milestone in the cleanup of one of the worst atomic disasters in history. Tokyo Electric Power Co. Holdings Inc., Japan’s biggest utility, released images on […]

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