BUSINESS

The banks plus Infocomm Development Authority of Singapore proves Letter of Credit transactions can be executed on blockchain.

Raiden creator Heiko Hees said a 100K transactions per second proof of concept could happen by end of August.

Granted patent describes an articulated steering system more commonly found on trucks and buses.

Operating profits for the period amounted to €12.5m, much higher than 2015 H1's €5.2m.

US nonfarm productivity declined at a 0.5% annual rate in the second quarter ending 30 June.

25 divisions sold for almost £300m as chief executive Ashley Almanza streamlines group.

Horta-Osorio is reported to have met up with an alleged lover during a business trip to Singapore.

BAMTech will deliver and support video streaming and other digital products from Disney|ABC and ESPN.

The ransomware also lets hackers remotely send commands to the infected devices via a web-based control panel.

ITV has been on an acquisition spree to reduce reliance on its advertising revenues.

Vacancies in the financial services industry down 12% month-on-month in July.

Samsung has played down the reports, claiming a hack is 'extremely unlikely'.

UK economy contracted 0.2% last month, dragging growth in the quarter to July down to 0.3%.

It achieves community building and social interaction through rewards and a reputation system.

Extended support for the 15-year-old OS ended in April 2015.

The Dutch security researcher exposed around 20 security holes in the airlines' software systems.

The mobile network provider says most of the devices were not infected and blamed a supplier for the issue.

The potential sale would fetch BP between $2bn and $3bn.

Manufacturing endured a difficult quarter in the run up to the EU referendum vote.

Security researcher finds 12 out of 16 smart locks can be easily hacked and opened via Bluetooth.

UK deficit on trade goods hit highest level since March 2015 ahead of Brexit vote.

Union claims the government has implemented a 'blockade' on potential peace deal to avert walkout.

New deal will see Ocado deliver Morrisons products in areas not covered by the supermarket's delivery service.

Investment manger sees rise in assets boosted by gains in the wake of the UK's decision to leave the EU.

Competition and Markets Authority says digital apps will break dominance of big four banks.

China inflation numbers indicate there is room for further policy easing in the Asian country.

Oil and gas services firm reports 6% revenue increase in the first half of 2016.

McCafferty says a clear picture on the exact impact of Brexit on the economy is yet to emerge.

UK and European banks face uncertainty over what might have to be renegotiated post-Brexit.