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DIY disaster sends Australia's Woolworths to record loss

2016-08-25 04:39:05| BBC News | Business | UK Edition

Woolworths, Australia's biggest supermarket chain, reports a record annual loss of A$1.2bn (690m), following its decision to quit the DIY market.

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Global auto sales accelerate to record highs: Scotiabank

2016-08-24 21:47:17| Canadian Plastics Headlines

Sales have also gained momentum in Canada this year, Scotiabank said, advancing in seven of the ten provinces. The post Global auto sales accelerate to record highs: Scotiabank appeared first on Canadian Plastics.

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Qantas airline soars to record profit after restructuring

2016-08-24 02:55:33| BBC News | Business | UK Edition

Australia's national carrier Qantas posts a record annual profit of A$1.42bn ($1.1bn, 820m), nearly doubling last year's result.

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Elisa claims new 4G speed record with 1.9 Gbps

2016-08-23 11:21:00| Telecompaper Headlines

(Telecompaper) Finnish operator Elisa has claimed a new world record with speeds of 1.9 Gbps over a test 4G network set up with Huawei. The record was set using Huawei's latest 4G technology. Elisa said it marks an important milestone towards 5G and delivering new services such as virtual reality over mobile networks. Currently, the maximum speed on Elisa's network is 450 Mbps, and the fastest available mobile broadband subscription offers speeds of up to 300 Mbps.

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Second-hand car sales hit record level in first half

2016-08-23 01:13:44| BBC News | Business | UK Edition

The number of second-hand cars sold in the UK has reached its highest level yet with more than four million vehicles sold in the first half of this year.

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