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Samsung shares slump while London hits highs

  London / AFP Shares in Samsung Electronics tumbled Tuesday after the company junked its Note 7 smartphone, while the anaemic pound helped push Britain’s stock market to a record high. The weak pound, flailing in the wake of Britain’s June vote to quit the European Union, helped push London’s FTSE 100 index of top blue-chip companies to 7,129.83 points, ...

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UK risks losing billions in EU investment funding over Brexit

  Bloomberg Britain risks losing access to the European Union’s development bank when it leaves the bloc, adding to the economic harm caused by Brexit, according to Werner Hoyer, the bank’s president. The European Investment Bank lent Britain a record 7.8 billion euros ($8.7 billion) in 2015, part of a U.K. loan book of almost 50 billion euros. Projects funded ...

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Driverless cars rolled out on British streets

  Milton Keynes / AFP Driverless vehicles carrying passengers took to Britain’s streets for the first time on Tuesday in a landmark trial which could pave the way for their introduction across the country. The compact two-seater cars trundled along a pedestrianised zone in Milton Keynes, north of London, in a trial by Transport Systems Catapult (TSC) which plans to ...

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