Amazon’s plans for home delivery by drone have been scuppered in the US by the Federal Aviation Authority.

New regulations from the FAA will make it impossible for any company to harness drone power as delivery vehicles.

A Chinese investment company is to put money into a project to transform London’s Royal Albert Dock into a business and finance centre to rival the City of London and Canary Wharf.

China’s largest private investment firm, Minsheng, is to invest £1bn in the Docklands project, one of the largest Chinese investments in the UK in recent times.

The sad case of the British holidaymaker who died of her injuries after falling down a well at the Arade dam near Silves has been recorded as ‘accidental death.’

Andrew Haigh, the senior coroner for Staffordshire South, UK, commented that the precise sequence of events last June was difficult to confirm and concluded that the death of Christine Whitehouse was a ‘genuine tragic accident.’

Loulé council is replacing the city's lightbulbs with LED technology to save on energy consumption.

The council has contracted for the supply and installation of fixtures with LED lighting in all of its public lighting infrastructure so as to reduce its electricity bill as part of the city's environmental policy.

The lawyer Miguel Reis who now is representing many BES investors, claims that the Bank of Portugal has grossly 'distorted reality' and that the information provided by the central bank on Friday is simply a whitewashing excercise.

On Friday, the Bank of Portugal issued a statement after a meeting with some holders of Espírito Santo Group (GES) bonds in which it reaffirmed that Novo Banco does not have to compensate customers who bought investments in branches of BES, and that a solution will only be found if it does not cost Novo Banco any money.

The number of babies being born in Italy has plummeted to the lowest level since the modern Italian state was formed in 1861.

This prompted the health minister to say that Italy is “a dying country”.

The US state of Colorado has realised $44 million (£29 million) in tax revenue in the first year of legalised cannabis sales.

It was the first state to authorise legal sales of the narcotic for recreational use to anyone over the age of 21. Sales are authorised only in shops licensed by the state.

HSBC has taken out several full-page ads in several British Sunday newspapers to announce its apology over the scandal which is enveloping it.

Documents leaked by whistleblower Herve Falciani purport that HSBC’s Swiss private bank with active in helping clients evade tax.