Wall Street to kick out three Chinese telecom firms

The New York Stock Exchange will delist the Chinese companies based on claimed links with the military.

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Activists cheer as 'sexist' tampon tax is scrapped

Campaigners say cutting of the 5% VAT rate on tampons and sanitary towels ends a 'sexist' tax.

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'Worst year for High Street job losses in 25 years'

Nearly 180,000 retail jobs were last year, up by almost a quarter on the previous year, analysts say.

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Scotsman owner JPI Media sold to National World for £10.2m

National World, a media takeover vehicle led by industry veteran David Montgomery, buys JPI.

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FTSE 100 suffers worst year since financial crisis

Investors nest-eggs have been savaged as the UK's leading share index falls 14.3% over the year.

from BBC News - Business https://ift.tt/3rIuecT

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Spent less, saved more: How we used our money this year

Consumer spending fell 7.1%, says Barclaycard, which tracks half of all credit and debit card spending.

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Hong Kong media tycoon Jimmy Lai ordered back to jail

The 73-year-old is the city's highest profile person charged under a controversial security law.

from BBC News - Business https://ift.tt/3hu7atE

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Brexit: New EU trade arrangements to begin after Parliament vote

The UK's hard-fought agreement with the EU is set to come into force at 23:00 GMT on Thursday.

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Why have global stock markets gone up this year?

Jobs around the world are being lost, but the global stock market is rising. What's going on?

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US-EU trade dispute: US slaps tariffs on wine and cognac

It is the latest twist in a long battle over subsidies for US-based Boeing and European rival Airbus.

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Vaccine and water unseats Mukesh Ambani as Asia's richest person

Nicknamed the lone wolf, China's Zhong Shanshan has unseated India's Mukesh Ambani.

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Brexit: Dover-Calais route 'will work well on 1 January'

Channel Tunnel operator Getlink says there will not be congestion when new trading rules begin later.

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Tesco, Pizza Hut and Superdrug in minimum wage fail

Almost 140 companies investigated between 2016-18 failed to pay £6.7 million to over 95,000 workers.

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New Year Honours 2021: Hays Travel boss Irene Hays made a dame

Irene Hays ran the travel agency with her husband John and in 2019 they took on Thomas Cook staff.

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Firms moving into tier four: Devastated and disappointed

Thousands more businesses will now have to close or extend closures as restrictions escalate.

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Four-day week is affordable for most firms, reckons new study

A new study claims a four-day working week could be introduced immediately and be affordable for most firms.

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UK house prices see highest growth in six years in 2020

UK house prices bucked the pandemic and climbed 7.5% in 2020, according to building society Nationwide.

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Snapchat boss: 'User behaviour protected by free speech'

Founder Evan Spiegel has questioned whether platforms are responsible for user behaviour in a BBC interview.

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Boeing 737 Max returns to the skies in the US

The plane was grounded in March 2019 after two separate deadly crashes within five months.

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Tata grabs bigger slice of AirAsia and India's airline industry

The Jaguar Land Rover owner has taken a bigger stake in AirAsia India following its bid for Air India.

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Eight things we learned about new businesses in lockdown

Eight lessons from our CEO Secrets series looking at start-ups created during the Covid-19 pandemic.

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Is the Ant Group shake-up a sign of things to come?

Experts say regulators have legitimate concerns about the China's financial technology giants.

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Brexit: UK sausage makers face EU export ban

Meat producers seek clarity over rules that mean some products cannot be exported to the EU under the trade deal.

from BBC News - Business https://ift.tt/2MjvtPF

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Billionaire UK beauty boss continues expansion with US deal

The Hut Group's rapid growth has earned Matthew Moulding one of the biggest paydays in UK corporate history.

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Ryanair and Wizz Air deny votes to UK investors after EU exit

The airlines say they need to protect their status as majority EU-owned companies after Brexit.

from BBC News - Business https://ift.tt/2KN37gf

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Fashion industry giant Pierre Cardin dies aged 98

He helped revolutionise fashion with his futuristic and stylish designs in the 1950s and 60s.

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Tesla: Soaring share price creates army of 'Teslanaires'

Many people have become millionaires from Tesla's share price rocketing more than 700% this year.

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Admiral sells Confused.com in £508m deal

RVU will buy its Penguin Portals and Preminen businesses, which includes online portal Confused.com.

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Shares jump as markets react to Brexit deal

The FTSE 100 gains, but bank shares fall, as stock markets get their first chance to react to the trade deal.

from BBC News - Business https://ift.tt/3pu57ss

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China and EU 'on verge' of major investment deal

Brussels wants to make it easier for European companies operating in a number of Chinese industries.

from BBC News - Business https://ift.tt/3hmamaQ

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Japan to build wooden satellites to cut space junk

One of Japan's largest companies has partnered with Kyoto University in what would be a world first.

from BBC News - Business https://ift.tt/3nReSR3

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Covid, furlough and Topshop collapse: 2020 in business stories

Which BBC Business stories were the most widely read in the year the coronavirus pandemic spread?

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Mobile roaming: What will happen to charges after Brexit?

Will Britons be able to use their mobile phones in Europe after Brexit transition, without paying extra?

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Covid: Trump signs relief and spending package into law

The measure restores unemployment benefits and averts a partial US government shutdown.™

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Brexit: Britons warned to prepare for 'some disruption'

Ministers warn of "practical and procedural changes" when the Brexit transition period ends this week.

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Chinese games billionaire dies after poisoning

Lin Qi, 39, was the founder of Yoozoo which developed a popular Game of Thrones online game.

from BBC News - Business https://ift.tt/37S33o8

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KFC launches gaming console with chicken warmer

The fast food chain said many people thought the concept was a spoof but wants to start production soon.

from BBC News - Business https://ift.tt/3htscbV

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Brexit impact on food prices 'very modest' - Tesco

The deal means any changes would "hardly be felt" by shoppers, says the supermarket's chairman.

from BBC News - Business https://ift.tt/2WNHUVN

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Covid: Boxing Day sales expected to plummet amid pandemic

Many city centres were left bare as coronavirus restrictions prevented shops from opening.

from BBC News - Business https://ift.tt/3nQsADD

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Chinese economy to overtake US 'by 2028' due to Covid

A UK-based think tank says the pandemic has caused economic momentum to shift further in favour of Asia.

from BBC News - Business https://ift.tt/37OdFUR

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Business review of 2020: Covid-19 and Trump

2020 saw countries grapple with coronavirus, balancing both public health and economic concerns.

from BBC News - Business https://ift.tt/37PUOsJ

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Brexit: EU diplomats to get trade deal briefing

MPs are waiting to see the full text of the agreement ahead of a vote in Parliament on 30 December.

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Michael Jackson: Neverland Ranch 'sold to billionaire for $22m'

Billionaire Ron Burkle reportedly buys the estate for a quarter of its initial asking price.

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Christmas: The mail order pioneer who started a billion-pound industry

How a 19th Century draper "set up a company similar to Amazon" and created a billion pound industry.

from BBC News - Business https://ift.tt/3hiO2i5

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What Brexit deal means for me: Six bosses tell all

Saving thousands or anxious they need more time, six bosses explain how the Brexit deal affects them.

from BBC News - Business https://ift.tt/37MSind

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Brexit: Boris Johnson hails free trade deal with EU

The deal between the UK and EU ends months of arguments over business rules and fishing rights.

from BBC News - Business https://ift.tt/34GFlt6

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Brexit deal: Firms ‘need guidance’ to keep goods moving

Businesses give a relieved welcome to the Brexit trade deal, but warn there is more work to be done.

from BBC News - Business https://ift.tt/2Jm1Rjw

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Customers furious as E.On takes payments too early

About 1.5 million customers are hit as direct debits are taken on Christmas Eve owing to an IT error.

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Nuro set to be California's first driverless delivery service

Nuro's autonomous vehicles will take to the streets as early as 2021.

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Universal Credit: 'It is embarrassing having rely on family again'

People on Universal Credit say they worry about the end of a £20 a week boost to the benefit.

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Asian markets push higher on hopes of Brexit deal

The pound and Asian markets have made gains ahead of an expected UK-EU trade deal on Thursday.

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Alibaba being investigated by China over monopoly tactics

The Chinese tech giant is face a probe by regulators into locking merchants into its platform.

from BBC News - Business https://ift.tt/2Kyo7XN

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EU to allow post-Brexit UK farm produce exports

While this is a "critical step forward" seed potatoes are not included due to EU regulatory fears.

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'I had zero plans beyond my parents' kitchen'

Hannah Chapman wishes she'd planned ahead after her business almost ran out of cash within months of launching.

from BBC News - Business https://ift.tt/3azvLvE

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Crypto-currency firm Ripple charged by US watchdog

If the lawsuit is successful, it could set a precedent for the regulation of crypto-currencies.

from BBC News - Business https://ift.tt/38wVrXc

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SolarWinds Sunburst: UK data watchdog issues hack alert

President-elect Joe Biden has also vowed that the US will respond to the attack.

from BBC News - Business https://ift.tt/3pniZ7B

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Pound gains after France reopens its borders

Sterling climbs after a UK travel ban was lifted but some fear testing truck drivers will delay supplies.

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Brazen fraudsters offer crime subscription service

Criminal organisations are teaching other fraudsters a scam, prompting fresh warnings for shoppers.

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Covid: Marston's take over Brains pubs to save 1,300 jobs

The Welsh brewery chain says the coronavirus pandemic has put the business under "financial pressure".

from BBC News - Business https://ift.tt/38s7t45

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Lufthansa airlifts food to the UK amid lorry chaos

The German airline is to fly in fresh fruit and vegetables as firms try to beat chaos at sea ports

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Whitbread: Premier Inn owner asks landlords for rent cut

Trading at Whitbread, which also owns the Beefeater chain, has been hit by pandemic restrictions.

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Covid-19: 'Losing Christmas is irreparable damage'

Foppolo ski resort in the Italian Alps is shut and will miss the all-important Christmas ski season.

from BBC News - Business https://ift.tt/37HQImt

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Shopify stores riddled with fakes and fraudsters

E-commerce authentication service Fakespot says 21% of Shopify stores pose a risk to customers.

from BBC News - Business https://ift.tt/2WHc11b

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Macau gambles on tech for its Covid-19 recovery

The gaming hotspot has been hit hard by travel bans as its economy is heavily reliant on gambling.

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Elon Musk says Apple's boss snubbed takeover deal

Tesla's founder claims Apple CEO Tim Cook refused talks during the car company's "darkest days".

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Redundancy plans fall after furlough extension

36,700 redundancies were planned in Britain in November, the lowest figure since March

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How dependent is the UK on the EU for food?

France's ban on freight from Britain caused havoc for lorry drivers, but will it affect shoppers?

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Tech trends in 2021: Fast planes and homeworking

From a potentially record-breaking electric plane, to new homeworking tech, what to watch out for in 2021.

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US sues Walmart for alleged role in opioid crisis

In a lawsuit, the US government says the major retailer "knowingly" violated prescription rules.

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Tesco reintroduces buying caps on some products

The move is to make sure all customers have access to the products, such as rice and eggs, it said.

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Royal Mail ends two-year dispute with union in 'landmark' deal

The postal service agrees a deal with unions to end a bitter dispute over pay and conditions.

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Ports chaos 'bad for trust and post-Brexit trade'

The food industry says port disruption makes it hard for foreign firms to trust UK exporters post-Brexit.

from BBC News - Business https://ift.tt/3he5xjU

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Air charter firms see demand surge as companies bid to beat blockages

One air charter company says it has received more than 800 enquiries from those looking to move goods.

from BBC News - Business https://ift.tt/3hcvjol

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Post Office scandal: 'Light at end of tunnel'

Tracy Felstead is among Post Office workers fighting convictions linked to a faulty computer system.

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Carpet shops 'having 10 Christmases at once'

Business has boomed during the coronavirus pandemic, an industry body says.

from BBC News - Business https://ift.tt/3mNG0zf

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NS&I: Answers demanded by MPs for customers' anxiety and complaints

The Premium Bonds operator has apologised to customers for poor service levels in recent months.

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UK borrowing hits highest November level on record

The government borrowed £31.6bn last month as it continued to support the economy during the pandemic.

from BBC News - Business https://ift.tt/2Kqp58B

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Covid-19: UK and France aim to restart freight as queues grow

Hundreds of lorries are held up in Kent as politicians thrash out a plan to reopen the border.

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US blacklists companies with possible military ties

The move is part of a wider push to increase pressure on China before Donald Trump leaves office.

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Lorna Jane: Activewear brand in court for 'anti-virus' claims

Australian women's sportswear firm Lorna Jane said its clothes could stop the spread of Covid-19.

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UK government 'likely to miss' broadband and 5G targets

More must be done if the UK is to be future-proofed rather than playing catch-up, say MPs.

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Life on the road for truckers amid ports chaos

The French ban on hauliers travelling from the UK has added to disruption in ports such as Dover.

from BBC News - Business https://ift.tt/3h8h5oE

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Offices share £481m rebate after interim business rates ruling

An interim ruling is set to cut business rates for offices after they lay empty during the pandemic.

from BBC News - Business https://ift.tt/38nqFjD

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'Yes, people have Zoom fatigue but it's not our fault'

Zoom director Aparna Bawa says video conferencing can tire people out, but her firm isn't to blame.

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How tech can just about save Christmas Day

Thanks to technology, a remote Christmas doesn't have to feel like an isolated one.

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DHL and Royal Mail warn on parcel disruption

Delivery chaos comes days before Christmas and follows fears about a new strain of the coronavirus in the UK.

from BBC News - Business https://ift.tt/3pbvlzD

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Welsh budget: Tax hike on second homes announced

A tax hike on second homes to raise cash for social housing is part of the Welsh Government budget.

from BBC News - Business https://ift.tt/38s3K6y

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Coronavirus: Center Parcs shuts UK sites due to restrictions

Continuing to accept visitors would go against the government's "strong advice", the firm said.

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Amigo Loans: Bid for survival with plan to cap compensation

The sub-prime lender is facing a deluge of complaints from people who say their loans were unaffordable.

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Supermarkets try to calm food shortage fears amid border chaos

But Sainsbury's could see "gaps" in supply if the French ban on hauliers travelling from the UK continues.

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Refunds pledge for scrapped Christmas travel plans

All cancelled rail or coach journeys over Christmas in England will be refunded, the government says.

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Pound slides lower as European borders close to UK

Renewed concern over Britain's Covid-19 cases and a missed EU deadline take their toll on the currency.

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European regulator says Boeing's 737 Max is safe

Executive Director Patrick Ky said his organisation had "left no stone unturned" in its review.

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Four ways Covid changed how we live - and shop

We couldn't go out in 2020, so we brought the world into our homes, says John Lewis's lifestyle survey.

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Creating animal food from a greenhouse gas

Animal feed is often transported thousands of miles so scientists are looking at new production methods.

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Covid: US reaches long awaited deal for coronavirus aid

The deal on the $900bn package comes as millions are jobless or in poverty due to the pandemic.

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Covid-19: Dover port halts exports to France for 48 hours

France is to stop lorries arriving from the UK amid concern over a new variant of coronavirus.

from BBC News - Business https://ift.tt/3mDDLy2

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Covid: Tui cancels flights out of Luton Airport

The holiday firm says Luton is now in tier four, but flights will continue from Stansted and Gatwick.

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Covid: Belgium and Netherlands ban flights from UK over variant

The Netherlands and Belgium suspend flights to prevent a fast-spreading variant of coronavirus.

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'Stop-start' Covid rules cost shops £2bn a week, says industry

Retailers warn more jobs and businesses are at risk as non-essential shops are forced to close.

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Covid: Furlough companies list should be published, MPs urge

Staff could be continuing to work as companies claim grants, the government is told.

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'We're having a sustainable Christmas'

How can you have green, yet affordable, festivities?

from BBC News - Business https://ift.tt/34pbo0v

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Brexit: How to prepare for changes in 2021

Here are some of the things you can do to get prepared for the Brexit changes.

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737 Max: Boeing 'inappropriately coached' pilots in test after crashes

US Senate investigators find problems with tests conducted in the wake of two deadly crashes.

from BBC News - Business https://ift.tt/3h9qBbe

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Climate change: Law used as stick to beat government

Plans for airports, energy and roads are facing multiple legal challenges over climate commitments.

from BBC News - Business https://ift.tt/3aroXjU

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Shell shocked: 'Lobster capital' braces for Brexit

Live shellfish exporters in East Yorkshire and Devon say new certification requirements are 'unworkable'

from BBC News - Business https://ift.tt/3nCIscU

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My Money: 'I'm a 33-weeks' pregnant doctor'

Helen Edwards, an NHS doctor from the West Midlands in the UK takes us through her week's spending.

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Tesla to join key share index as it defies critics

Tesla's addition to the S&P 500 means millions more investors will own a stake in the high-valued carmaker.

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Covid tests offered to John Lewis and Waitrose staff

Department store chain John Lewis is offering free Covid tests to up to 16,000 workers a week

from BBC News - Business https://ift.tt/37wczx9

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Lloyds Banking Group cancels bonuses after profit drop

Bankers were told in a memo on Thursday first reported by the Financial Times.

from BBC News - Business https://ift.tt/2WsxVVM

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'Exceptionally high demand' fuels Christmas post fears

Fears remain over Christmas deliveries as online shopping balloons amid Covid restrictions.

from BBC News - Business https://ift.tt/2KzBwyK

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Workers 'sleeping on mattresses' inside Leicester factory

The investigation comes after concerns were raised about practices in Leicester's textile industry.

from BBC News - Business https://ift.tt/37wui7z

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'Serious concerns' remain over funeral pricing

The UK's competition watchdog rules out price controls but says it is keeping a close eye on the sector.

from BBC News - Business https://ift.tt/3p4Khj2

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Covid lockdown restrictions hit retail sales

Sales fell by 3.8% last month, bringing to an end a six-month streak of rising trade.

from BBC News - Business https://ift.tt/38evwDE

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Sony pulls Cyberpunk 2077 from PlayStation store

Players say the game is riddled with bugs and glitches and is prone to crashes so will offer refunds.

from BBC News - Business https://ift.tt/3rfxBIj

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Brexit: Trade talks to resume as sides warn 'differences' remain

Negotiators will continue discussions after the latest call between the PM and the EU Commission head.

from BBC News - Business https://ift.tt/3mvJt4Y

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Trump trade chief wants WTO leadership race reopened

Picking a new leader for the WTO will be a challenge for Joe Biden as the global economy struggles with coronavirus.

from BBC News - Business https://ift.tt/34qrxCN

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Alibaba says its technology won't target Uighurs

A recent report said China's Alibaba's facial recognition technology can pick out Uighur minorities.

from BBC News - Business https://ift.tt/34lWEPQ

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Electric cars will leave hole in tax revenues, says Treasury

The Treasury says taxes must rise or services cut to compensate for the loss of fuel tax income.

from BBC News - Business https://ift.tt/3mwnHy4

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'Appalling' safety at Asda buyers' former company

Packaging firm co-owned by Mohsin and Zuber Issa was prosecuted after a series of injuries

from BBC News - Business https://ift.tt/34lFXny

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Openreach creating 5,300 new jobs to speed fibre rollout

The wholesale internet division of BT has been told to speed up the rollout of ultra-fast connections.

from BBC News - Business https://ift.tt/37uqqE3

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'I became a full-time dad for my wife's career'

Take-up of shared parental leave has been slow, but some men are putting their wives' careers first.

from BBC News - Business https://ift.tt/3h5e9sT

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China's drinkers develop taste for home-grown wines

Chinese drinkers are increasingly choosing to buy and drink wines from their own country.

from BBC News - Business https://ift.tt/37rB5PT

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Covid in India: How do you vaccinate 1.3 billion people?

The BBC looks at how India plans to vaccinate its vast population against Covid-19.

from BBC News - Business https://ift.tt/2KDKYRn

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Google sued again over anti-competitive search practices

US states accuse Google of unfairly abusing monopolies to dominate new tech like voice assistants.

from BBC News - Business https://ift.tt/3nul7u1

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Coronavirus: Coca-Cola restructuring cuts 2,200 jobs worldwide

The soft drinks giant says it has had to speed up its restructuring plan due to the coronavirus.

from BBC News - Business https://ift.tt/3nySQlO

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Port of Dover facing 'unnecessary holdups' on 1 January

The company managing the port says lack of government support will make the transition "more challenging".

from BBC News - Business https://ift.tt/2WqUBpq

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Backlash over Japan cosmetics boss 'racist' comments

Make-up brand DHC's chief executive used a derogatory term for Koreans in his company's blog.

from BBC News - Business https://ift.tt/2K2CZOb

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Rishi Sunak extends furlough scheme for another month

Chancellor Rishi Sunak extends the furlough scheme for one month until the end of April 2021.

from BBC News - Business https://ift.tt/38aCr0B

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London Capital and Finance: Compensation for scandal victims

The Financial Conduct Authority "did not effectively regulate" London Capital and Finance, a review says.

from BBC News - Business https://ift.tt/3oVJwss

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UK economy's future unusually uncertain, says Bank of England

The Bank of England says trying to predict economic progress is hampered by a lack of a Brexit deal.

from BBC News - Business https://ift.tt/2WBJ8DH

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Sherry makes a comeback as Christmas sales surge

Sales of sherry are booming in the run-up to Christmas, fuelled by lockdown and the "tapas effect".

from BBC News - Business https://ift.tt/2KcUsU2

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BA drops 15 long-haul routes including Seoul and Seychelles

The news comes as many airlines cut staff and drop routes as passengers cut travel amid the pandemic.

from BBC News - Business https://ift.tt/38amffH

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Serco: Test-and-trace firm hands £5m bonus to workers

The company will award £100 each to 50,000 worldwide staff and plans to return UK furlough payments.

from BBC News - Business https://ift.tt/38e0JXs

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Covid curbs scandalous, says Revolution Bars chief

Chief executive Rob Pitcher says the government is "sacrificing businesses and people's livelihoods".

from BBC News - Business https://ift.tt/2Ksp83n

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Boeing hires its own pilots to smooth return of 737

The 737 Max plane was grounded worldwide last year following two deadly crashes that killed 346 people.

from BBC News - Business https://ift.tt/3nstkPi

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Bitcoin hits all-time high rising above $20,000

The virtual currency has gained more than 170% this year amid stock market turmoil during the pandemic.

from BBC News - Business https://ift.tt/3gWbFwW

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Google ad practices under fire in new lawsuit

Ten US states accuse the tech firm of illegally trying to preserve its online advertising monopoly.

from BBC News - Business https://ift.tt/3gRnqEU

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Toy deliveries to miss Christmas amid port delays

With Christmas fast approaching, popular lines including Lego, dolls and puzzles are out of stock at some toy stores.

from BBC News - Business https://ift.tt/3mskrUD

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Fraud victims' pay deducted for money they don't owe

Thousands sent letters from the DWP demanding repayment of benefits they've never claimed or received.

from BBC News - Business https://ift.tt/3nshk0d

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'Fear is the only thing that stops you. I had to give it a try’

Three stories of people working in retail who set up new businesses during Covid-19.

from BBC News - Business https://ift.tt/3p8LJ4f

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UK and US in talks over mini trade deal

US trade chief Robert Lighthizer says he is working with Liz Truss on a deal to reduce trade tariffs.

from BBC News - Business https://ift.tt/3gVSNhA

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Fed: Brighter forecast but challenging months still ahead

Despite optimism over coronavirus vaccine distribution, other economic signals have worsened.

from BBC News - Business https://ift.tt/34mduhH

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Boohoo boss promises 'to make Leicester right'

The online fashion firm says it is 'fixing' things after a review that found failings over wages and working practices.

from BBC News - Business https://ift.tt/2Kut8An

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Facebook pours fuel on Apple privacy row

A long-running row over tracking user data for ads escalates as Facebook goes on the offensive.

from BBC News - Business https://ift.tt/3gUo4l9

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US labels Switzerland a currency manipulator

Swiss officials rejected the finding, which came out of a period of pandemic-related turmoil in financial markets.

from BBC News - Business https://ift.tt/37o9zCF

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Bentley v Bentley: Car firm loses appeal against trademark ruling

Judges at the court of appeal upheld a ruling which favoured Bentley Clothing over Bentley Motors.

from BBC News - Business https://ift.tt/2LEmUyp

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Bosses earn 100 times lowest paid staff

Data shows huge gaps in earnings from the top to the bottom of the UK's largest firms.

from BBC News - Business https://ift.tt/2WnxYCh

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Uber fined over withholding sexual assault records

The taxi app firm argues releasing the information would be a violation of victims' privacy.

from BBC News - Business https://ift.tt/2K3fFzQ

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Supreme Court lifts ban on Heathrow third runway

In a blow to campaigners, judges say ministers' decision to approve the runway was legitimate.

from BBC News - Business https://ift.tt/2WxxxWd

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Airlines investigated over lockdown refund cases

The competition authority will study the refusal to pay cash refunds during England's second lockdown.

from BBC News - Business https://ift.tt/3mp0EWb

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Hornby halts non-UK orders amid Brexit uncertainty

The model train maker says it's in a difficult position and has paused all international orders until January 2021.

from BBC News - Business https://ift.tt/3mnCMlH

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Clothes and food drive down UK inflation

Lower prices for clothing and food push down the UK's inflation rate to 0.3% in November.

from BBC News - Business https://ift.tt/2Kz6N4U

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Struggling Air India could be taken over by workers

A group representing employees is one of a number of bidders for India's loss-making national carrier.

from BBC News - Business https://ift.tt/2ITscVL

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Facebook to move all UK users onto US agreements

The move could allow the social media giant to avoid strict EU privacy laws being introduced.

from BBC News - Business https://ift.tt/3oW8OqG

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MacKenzie Scott gives away $4.2bn in four months

The ex-wife of Amazon founder Jeff Bezos has been focusing on women, people of colour and food banks.

from BBC News - Business https://ift.tt/37lQHUR

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Australia launches WTO appeal against China's barley tariff

In a trade row escalation, Australia says it will challenge China's tariff on its barley exports.

from BBC News - Business https://ift.tt/3ag01f1

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Covid: Shops 'hammered' by level four restrictions

The Scottish Retail Consortium says sales were hit last month by the country's toughest Covid rules.

from BBC News - Business https://ift.tt/3nqh0Pr

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Rail fares to rise more than expected next year

January's planned rise is delayed until March - when prices will increase by an inflation-busting 2.6%.

from BBC News - Business https://ift.tt/3mpxhTv

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'Tier 3 has ruined our dream restaurant opening'

With sit-down dining now off the menu in much of England, restaurant owners say they're facing a difficult Christmas.

from BBC News - Business https://ift.tt/3oUUtur

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'A delivery, then a fire that left us homeless'

The Firth family are sure the blaze began with a battery pack bought on eBay, but the cause is not yet clear.

from BBC News - Business https://ift.tt/386otgi

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MPs slam 'woeful' plans to recover Covid-19 loans

The Public Accounts Committee say taxpayers will lose out because billions of pounds may never be recovered.

from BBC News - Business https://ift.tt/3niJ4UV

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A palm oil alternative could help save rainforests

Plantations for palm oil are blamed for rainforest destruction, but an artificial palm oil is close.

from BBC News - Business https://ift.tt/37iIDV2

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UK business 'must wake up' to China's Uighur cotton slaves

MPs say clothes retailers must act after the BBC disclosed the plight of China's Uighurs and other minorities.

from BBC News - Business https://ift.tt/3mjVavO

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Covid: Chaotic start for travellers' Covid testing system

The Test to Release programme is supposed to cut quarantine times for people arriving in England.

from BBC News - Business https://ift.tt/38amyHm

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Beware Christmas parcel delivery scams, banks warn

Criminals are looking to steal financial details by posing as well-known delivery companies.

from BBC News - Business https://ift.tt/3nmk9zS

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Barclays fined £26m for poor treatment of customers

Among those not treated fairly were bereaved people whose financial issues should have been better assessed.

from BBC News - Business https://ift.tt/3oTKNQZ

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Prioritise northern rail network over HS2, says report

Linking close-by cities with an upgraded line will have a higher economic impact, a report says.

from BBC News - Business https://ift.tt/3p6mv6z

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'We'd just begun our careers - and then the pandemic hit'

The sudden lockdown in March turned the world of work upside down for millions, including the very newest, apprentices.

from BBC News - Business https://ift.tt/3qQA77o

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LoveHolidays to refund £18m for cancelled holidays

The firm changes its stance on refunds for trips cancelled by Covid after action by the regulator.

from BBC News - Business https://ift.tt/3qZjMNW

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Redundancies surge to record high of 370,000

Redundancies rose in the three months to October as unemployment continued to increase.

from BBC News - Business https://ift.tt/2KrBadr

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Online harms law to let regulator block apps in UK

Ofcom would be able to fine tech giants huge sums if it believed they had failed to protect users.

from BBC News - Business https://ift.tt/2K3yIKc

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Covid-19: Safety concerns over planes returning to service

Pilot rustiness, maintenance errors and even insect nests could endanger safety warn airline experts.

from BBC News - Business https://ift.tt/37k9NL7

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Universal Credit: 'I felt guilty claiming benefits for the first time'

Women under the age of 30 have seen the sharpest increase in unemployment benefit claims since March.

from BBC News - Business https://ift.tt/2LDeqHZ

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Low-paid workers face pandemic 'double whammy'

The Commission on Workers and Technology says the pandemic has accelerated the automation of low paid work.

from BBC News - Business https://ift.tt/3oW223V

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EU Digital Services Act set to bring in new rules for tech giants

Europe is set to announce two new acts in the biggest shake-up of digital laws in 20 years.

from BBC News - Business https://ift.tt/3oRUlfo

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How clean is the air in your office?

Due to Covid, and many of us hoping to return to the office in 2021, workplace air quality is a growing concern.

from BBC News - Business https://ift.tt/3gKvreE

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Pinterest in $22.5m gender discrimination payout

The $22.5m payout by Pinterest to a former top executive is the largest of its kind to be publicly disclosed.

from BBC News - Business https://ift.tt/3nlDBfZ

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US regulators open privacy probes into tech giants

The data collection review into firms including Facebook and TikTok comes as regulators step up investigations.

from BBC News - Business https://ift.tt/3ac9XpG

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Asda beefs up anti-Covid security for Christmas

The supermarket is taking extra measures to prevent overcrowding and stop the virus spreading.

from BBC News - Business https://ift.tt/3qYywwj

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Covid: GPs complain of delays in receiving virus vaccine

Doctors are having to cancel vaccination appointments because the doses haven't arrived as planned.

from BBC News - Business https://ift.tt/3nw7oD3

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Adidas considers selling off its Reebok brand

The German sportswear giant is considering options for Reebok, which might lead to a sale.

from BBC News - Business https://ift.tt/3ndIHuK

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Google outage: YouTube, Docs and Gmail knocked offline

Users around the world were unable to access applications including YouTube, Gmail and Docs.

from BBC News - Business https://ift.tt/3nueXd2

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Billionaire Issa brothers in £440m German petrol chain bid

The firm owned by Zuber and Mohsin Issa, which is also buying Asda, extends its petrol station empire.

from BBC News - Business https://ift.tt/3a7xf07

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EA to buy Dirt-Rally-maker Codemasters for £1bn

Games giant Electronic Arts is set to acquire the British game-maker, beating an earlier rival offer.

from BBC News - Business https://ift.tt/37ga55Z

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Brexit: Pound gains after EU trade talks extended

Sterling regains some of Friday's losses after the UK and EU continue talks over a Brexit deal.

from BBC News - Business https://ift.tt/2WeF2Bc

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Brexit trade talks: Process 'still has legs', UK source says

UK and EU negotiators to continue talks after both sides agreed to "go the extra mile" to reach a deal.

from BBC News - Business https://ift.tt/2KnovYZ

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Sizewell C: Government in talks to fund £20bn nuclear plant

Officials will hold discussions with France's EDF about funding the Sizewell C project in Suffolk.

from BBC News - Business https://ift.tt/3qSG97y

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'External source' causes oil tanker explosion in Saudi Arabia

The Singapore-flagged ship was hit by an unidentified "external source" while it was discharging.

from BBC News - Business https://ift.tt/349N9TE

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Indonesia courts SpaceX as new rocket launch site

The south-east Asian country is already in talks with Elon Musk about a possible partnership.

from BBC News - Business https://ift.tt/37fA8tX

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Brexit: 'It's utter confusion' over trade talks delay

Business across Britain tell BBC News of their frustration at post-Brexit trade talks being extended.

from BBC News - Business https://ift.tt/384gr7k

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Inside a vaccine cold storage room

The BBC's Karishma Vaswani takes a look around a vaccine cold storage facility in Singapore.

from BBC News - Business https://ift.tt/3nfEXc5

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Ridley Scott inspires Network Rail’s cave-exploring drone

Scenes from the movie Prometheus inspired Network Rail to develop a drone that can explore caves.

from BBC News - Business https://ift.tt/37O11Ei

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Honda to resume UK output after problems at ports

The Japanese carmaker says it will restart production on Monday after it struggled to import components.

from BBC News - Business https://ift.tt/3r0RJ0H

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CDC's Redfield officially recommends Pfizer coronavirus vaccine

CDC's Redfield officially recommends Pfizer coronavirus vaccine



Centers for Disease Control and Prevention Director Dr. Robert Redfield said Sunday that he signed the CDC's official recommendation for Americans 16 and older to use the Pfizer-BioNTech coronavirus vaccine and applauded the vaccine as a step to "help restore some normalcy to our lives and our country."

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Britons told not to stockpile food ahead of January

Retailers tell shoppers they have enough supplies as uncertainty remains over the terms of Brexit.

from BBC News - Business https://ift.tt/37YfIF0

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First shipment of Pfizer-BioNTech coronavirus vaccine leaves Michigan facility

First shipment of Pfizer-BioNTech coronavirus vaccine leaves Michigan facility



The first truck carrying a COVID-19 vaccine for widespread use in the United States pulled out of a Portage, Mich., manufacturing plant Sunday morning, with the shots that are critical to stopping the nation's coronavirus outbreak destined to reach locations in all 50 states a day later.

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Ikea sorry after port disruption causes stock shortage

Customers have been venting their anger after congestion at ports led to stock shortages.

from BBC News - Business https://ift.tt/2JTiLX4

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Brexit trade talks: UK and EU to 'go the extra mile' in effort to agree deal

Ursula von der Leyen says talks were "constructive", but Boris Johnson warns no deal is "most likely".

from BBC News - Business https://ift.tt/3gHcMjX

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Energy bills: Automatic switching plan for fairer tariffs

Consumers could be automatically switched to cheaper deals when their contracts end.

from BBC News - Business https://ift.tt/3meBbyu

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Covid vaccines: Will drug companies make bumper profits?

Governments and charities have invested billions in vaccines developed by private firms.

from BBC News - Business https://ift.tt/3oPnxmW

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The women inspiring others in a male-dominated industry

Women who have risen to the top in the banking world share the challenges they have faced.

from BBC News - Business https://ift.tt/3oMWDMQ

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US says COVID-19 vaccine to start arriving in states Monday

US says COVID-19 vaccine to start arriving in states Monday



Trucks will roll out Sunday morning as shipping companies UPS and FedEx begin delivering Pfizer’s vaccine to nearly 150 locations.

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Rocket motor fails to ignite on Virgin Galactic test flight

Rocket motor fails to ignite on Virgin Galactic test flight



A Virgin Galactic test flight Saturday ended prematurely as the spacecraft's rocket motor failed to ignite and it then glided down safely to its landing site in southern New Mexico.

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Apple CEO calls for stricter corporate, government climate goals at U.N. summit

Apple CEO calls for stricter corporate, government climate goals at U.N. summit



Cook did not call for specific goals during his remarks but disclosed that Apple is assisting 95 of its suppliers to transition to renewable energy.

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AstraZeneca to buy Alexion for $39 billion to expand in immunology

AstraZeneca to buy Alexion for $39 billion to expand in immunology



Britain’s AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in cash and shares to bolster its positions in immunology and rare diseases.

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COVID-19 vaccine makers turn to testing children

COVID-19 vaccine makers turn to testing children



Health experts urge more research to help curb transmission and to reopen schools.

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US Supreme Court takes up Goldman securities class action appeal

US Supreme Court takes up Goldman securities class action appeal



Goldman is appealing a decision allowing a class action accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 financial crisis.

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How Pfizer delivered a COVID vaccine in record time: Crazy deadlines, a pushy CEO

How Pfizer delivered a COVID vaccine in record time: Crazy deadlines, a pushy CEO



Albert Bourla and his team overcame unproven science and manufacturing bottlenecks; ‘you’re asking for too much.’

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How Pfizer delivered a COVID vaccine in record time: Crazy deadlines, a pushy CEO

How Pfizer delivered a COVID vaccine in record time: Crazy deadlines, a pushy CEO



Albert Bourla and his team overcame unproven science and manufacturing bottlenecks; ‘you’re asking for too much.’

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Flamethrower drone incinerates wasp nests in China

Flamethrower drone incinerates wasp nests in China



A search and rescue group raised $12,200 to buy a drone and equip it with a gasoline tank and an arm-length nozzle.

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Banks 'too often blaming customers' for fraud

The financial watchdog says there is a 36% rise in complaints about how banks have dealt with fraud.

from BBC News - Business https://ift.tt/3m9W0ef

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Klarna plans to tell credit agencies if repayments fail

The Buy Now, Pay Later firm Klarna tells Money Box it plans to start reporting missed payments to credit referencing agencies.

from BBC News - Business https://ift.tt/37aDJJB

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Facebook's Sandberg jabs government over antitrust lawsuits

Facebook's Sandberg jabs government over antitrust lawsuits



Officials have accused Facebook of using its wealth to squelch competition by buying rival social media platforms.

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California files to join US antitrust lawsuit against Google

California files to join US antitrust lawsuit against Google



Google has broadly denied wrongdoing in response to the government’s lawsuit and other probes.

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Stop coronavirus spread and don’t let your guard down in winter months: Doctor

Stop coronavirus spread and don’t let your guard down in winter months: Doctor



Fox News medical contributor Dr. Nicole Saphier says it’s more crucial ‘now than ever’ to stop the spread of the coronavirus, which is often being transmitted in small gatherings in homes or at workplaces.

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GoFundMe sharing stories of 1 family per day until Congress approves COVID-19 relief

GoFundMe sharing stories of 1 family per day until Congress approves COVID-19 relief



GoFundMe is sharing the personal stories of one family per day until Congress approves a COVID-19 relief bill.

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Coronavirus vaccine should not turn into a partisan battle: Former Obama official

Coronavirus vaccine should not turn into a partisan battle: Former Obama official



Former Obama Economic Council Chair Austan Goolsbee shares his thoughts on the timeline for another coronavirus stimulus package and the political conversation surrounding the vaccine.

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To avoid lockdowns, we must stop underestimating asymptomatic coronavirus cases: Doctor

To avoid lockdowns, we must stop underestimating asymptomatic coronavirus cases: Doctor



NantWorks founder and CEO Dr. Patrick Soon-Shiong weighs in on the idea of star athletes getting the coronavirus vaccine early and coronavirus shutdowns.

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Short-term aid such as stimulus, more testing will help over next few months: Doctor

Short-term aid such as stimulus, more testing will help over next few months: Doctor



Former FDA Commissioner Dr. Mark McClellan weighs in on a potential stimulus package and coronavirus lockdowns.

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New York shop creates contactless business experience with robot cooks

New York shop creates contactless business experience with robot cooks



Fransmart CEO Dan Rowe discusses robot cooks at his Brooklyn Dumpling Shop amid coronavirus and opening new bars with ‘Bar Rescue’ host Jon Taffer.

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We could see vaccine ‘shots in arms’ as soon as Monday: WH deputy press secretary

We could see vaccine ‘shots in arms’ as soon as Monday: WH deputy press secretary



White House Deputy Press Secretary Brian Morgenstern offers details on Operation Warp Speed and coronavirus vaccine distribution and says President Trump is considering taking the vaccine on camera to increase public confidence.

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Starbucks to adapt to coronavirus by creating ‘walk-thru’ stores

Starbucks to adapt to coronavirus by creating ‘walk-thru’ stores



Nick Setyan of Wedbush Securities provides insight into the future of Starbucks and the company’s growth.

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Pound falls on the prospect of a no-deal Brexit

Prime Minister Boris Johnson said it is 'very, very likely' the UK will not secure terms with the EU.

from BBC News - Business https://ift.tt/3oDdjpG

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Coronavirus vaccine, congressional gridlock to herald stock market 'nirvana'

Coronavirus vaccine, congressional gridlock to herald stock market 'nirvana'



The S&P 500 is poised to surge 20% next year as the U.S. economy strengthens and risks recede, according to J.P. Morgan.

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UK businesses plea for EU deal as talks stall

UK businesses plea for EU deal as talks stall



British trucking firms, supermarkets and other businesses on Friday implored the government to strike a last-minute trade deal with the European Union, as the two sides’ leaders told their citizens to brace for New Year upheaval in the U.K.-EU trading relationship.

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Stock futures slide as coronavirus relief talks stall

Stock futures slide as coronavirus relief talks stall



U.S. stock futures were under pressure Friday morning amid concerns a deal on a COVID-19 stimulus package won’t materialize until after the holidays.

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Pfizer coronavirus vaccine to receive FDA emergency-use authorization: Alex Azar

Pfizer coronavirus vaccine to receive FDA emergency-use authorization: Alex Azar



The Food and Drug Administration will grant emergency-use authorization for the COVID-19 vaccine developed by Pfizer and BioNTech, Health and Human Services Secretary Alex Azar said Friday.

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Post Office scandal: Postmasters have convictions quashed

Six former sub-postmasters have their convictions for fraud linked to a new computer system dismissed.

from BBC News - Business https://ift.tt/2IEB2GN

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Ferrari boss steps down for personal reasons

Louis Camilleri is leaving the luxury carmaker on the eve of the Abu Dhabi Grand Prix.

from BBC News - Business https://ift.tt/37d5Ckx

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Black workers at Lloyds Bank earn a fifth less than other colleagues

The banking group says it will "take action" to resolve the discrepancy among its staff.

from BBC News - Business https://ift.tt/3qUtDEP

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Court gives green light to £14bn Mastercard claim

The claim alleges 46 million people paid higher prices in shops than they should have.

from BBC News - Business https://ift.tt/3gA15eX

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Electric car battery plant for Blyth power station site

Britishvolt says the £2.6bn plant will be the largest industrial investment in the North East for years.

from BBC News - Business https://ift.tt/376y1bV

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US stocks mixed as near-term U.S. fiscal stimulus appears unlikely

US stocks mixed as near-term U.S. fiscal stimulus appears unlikely

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Heathrow to shut Terminal 4 until end of next year

The airport operator says passenger numbers fell sharply following a second lockdown.

from BBC News - Business https://ift.tt/2W0Rggu

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UK banks can weather pandemic, says Bank of England

Most risks to financial stability posed by Covid and a no-deal Brexit have been mitigated, the Bank says.

from BBC News - Business https://ift.tt/3oLmrbR

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US telcos ordered to 'rip and replace' Huawei components

The order is the latest US move against Chinese communications firm Huawei on security grounds

from BBC News - Business https://ift.tt/33ZvFcU

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Disney dives deep into streaming with a supersized line-up of content planned for Disney+, Hulu & ESPN+

Disney dives deep into streaming with a supersized line-up of content planned for Disney+, Hulu & ESPN+



Disney chief financial officer Christine McCarthy said the streaming service is on track to reach profitability in 2024.

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Pop Mart: China's mystery toymaker becomes multi-billionaire

The founder of Pop Mart has seen his wealth surge as millions of Chinese buy collectible toys.

from BBC News - Business https://ift.tt/2K9ljjs

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Intelligence expert weighs in on what a spy could gather by lurking on Facebook friends lists

Intelligence expert weighs in on what a spy could gather by lurking on Facebook friends lists



Christine Fang or Fang Fang, a suspected spy whose reported mission was to network with and befriend up-and-coming American officials on behalf of China, remained Facebook “friends” with a number of her targets for years after her cover was blown and she left the country in 2015.

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FTC faces shoestring budget in antitrust case against Facebook

FTC faces shoestring budget in antitrust case against Facebook



Mark Zuckerberg’s giant social network — which on Wednesday got sued by the Federal Trade Commission for allegedly using its deals to buy Instagram and WhatsApp to sidestep competition — has tapped some of the nation’s top litigators for the battle, The Post has learned.

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Brexit stockpiling: 'I can't get my wine out of the EU'

Merchant Simon Taylor says delays at ports and Brexit stockpiling is making wine imports impossible.

from BBC News - Business https://ift.tt/373hPYJ

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Disney ramps up Star Wars and Marvel franchises

The move marks another industry shift away from cinema to streaming.

from BBC News - Business https://ift.tt/3n9cuEP

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Beauty professionals hope for prettier picture in 2021

After a challenging year, beauty salon workers hope the Covid vaccines will prove a game changer.

from BBC News - Business https://ift.tt/3gyg2Ol

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The 'Covid-nator' robot is being used around the world to fight coronavirus

The 'Covid-nator' robot is being used around the world to fight coronavirus



The Covid-nator is a robot that helps breaks down pathogens using UV light to reduce spread of coronavirus. FOX Business' Jeff Flock with more.

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DraftKings CEO: We expect over 40% growth next year

DraftKings CEO: We expect over 40% growth next year



DraftKings CEO Jason Robins discusses the business of sports betting, local and federal regulations and the future of his company.

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Royal Mail delays blamed on 'exceptional' volumes of post

Despite "exhaustive planning", some customers may experience delayed deliveries, the postal group says.

from BBC News - Business https://ift.tt/3gwUEJB

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Stocks slide as jobless claims rise, Airbnb IPO on tap

Stocks slide as jobless claims rise, Airbnb IPO on tap



Investors eye stimulus talks, a key FDA meeting and Airbnb's big debut.

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853,000 Americans filed for unemployment benefits last week

853,000 Americans filed for unemployment benefits last week



The number of Americans filing for first-time unemployment benefits rose more than expected last week amid a surge in COVID-19 infections and governments ordering stricter measures to help slow the spread of the virus.

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Moderna starts testing coronavirus vaccine's effectiveness among teens

Moderna starts testing coronavirus vaccine's effectiveness among teens



Massachusetts biotech company Moderna, which is at the cutting edge of a coronavirus vaccine, announced Thursday it has begun testing its vaccine's efficacy among adolescents ages 12 to 17.

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How big data turned into big business for cyber and privacy lawyers

How big data turned into big business for cyber and privacy lawyers



Companies that rely on customer data to anchor their products and services are driving demand for much of the legal talent, with some startups paying privacy lawyers as much as general counsels.

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Britons could be barred from EU entry on 1 January

EU pandemic rules and Brexit may restrict travellers from entering the European Union.

from BBC News - Business https://ift.tt/370h6aO

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Google fined £91m over ad-tracking cookies

France's data privacy watchdog said it was the largest fine it had ever issued.

from BBC News - Business https://ift.tt/3gFHFW4

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If you invested $1,000 in Moderna in January, this is how much you'd have now

If you invested $1,000 in Moderna in January, this is how much you'd have now



To put into perspective just how hot the healthcare stock has been this year, consider that investing in Moderna would have generated better returns than if you'd invested in electric car maker Tesla, which is up more than 680%.

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Stocks flat in early trading after investors showed appetite for DoorDash IPO

Stocks flat in early trading after investors showed appetite for DoorDash IPO



U.S. equity futures were flat early Thursday, hours before the opening bell after investors showed a strong appetite for IPOs Wednesday for DealDash and before that Airbnb.

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Frasers Group confirms interest in Arcadia brands

Mike Ashley's retail group says it is looking at buying Arcadia brands such as Topshop.

from BBC News - Business https://ift.tt/3qQZhD9

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UK growth slows again in October as rebound stalls

The UK economy grew by just 0.4% in October as the recovery continued to slow.

from BBC News - Business https://ift.tt/2JQkjB0

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Brexit: UK and Singapore sign free trade agreement

The deal is one of many aimed at replicating trade pacts that will cease when the UK leaves the EU.

from BBC News - Business https://ift.tt/372VjiN

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Airbnb to price IPO above range at $68 per share: report

Airbnb to price IPO above range at $68 per share: report



Airbnb will price its initial public offering at $68 per share, people familiar with the matter told the Wall Street Journal, far exceeding its previously announced target range of $56 to $60 a share.  

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Treasury eyes VAT charges for gig economy firms

The "shared economy" has grown rapidly thanks to technology platforms like Uber and Airbnb.

from BBC News - Business https://ift.tt/377vRc5

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UK has 'no authority' to impose tariffs in Boeing row says US

The US says the UK has 'no authority' on its own to impose tariffs related to a Boeing subsidies row.

from BBC News - Business https://ift.tt/3oFfKs4

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AT&T Inc agrees to sell Crunchyroll anime business to Sony Corp’s Funimation Global Group, LLC

AT&T Inc agrees to sell Crunchyroll anime business to Sony Corp’s Funimation Global Group, LLC



U.S. telecommunications firm AT&T Inc has agreed to sell its Crunchyroll anime business to Sony Corp’s Funimation Global Group, LLC, both companies said in a joint statement late Wednesday.

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Google CEO apologizes after AI researcher's dismissal, is sorry it 'seeded doubts'

Google CEO apologizes after AI researcher's dismissal, is sorry it 'seeded doubts'



Google CEO Sunday Pichai sent an email to employees Wednesday apologizing for the way that the company handled the dismissal of AI researcher Timnit Gebru earlier this month, Axios reports. 

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Apple, Google to stop X-Mode from collecting location data from users’ phones

Apple, Google to stop X-Mode from collecting location data from users’ phones



Apple Inc. and Alphabet Inc.’s Google will ban the data broker X-Mode Social Inc. from collecting any location information drawn from mobile devices running their operating systems in the wake of revelations about the company’s national-security work.

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Rio Tinto ordered to rebuild ancient Aboriginal caves

Rio Tinto is told to compensate owners of the 46,000-year-old site, which it blew up in May.

from BBC News - Business https://ift.tt/37UEaXU

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Demand for property 'losing a bit of steam'

Sales of homes and house prices are rising, but surveyors are expecting a slowdown early next year.

from BBC News - Business https://ift.tt/37KToOW

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Market analyst advises against buying DoorDash, calls it the ‘WeWork of 2020’

Market analyst advises against buying DoorDash, calls it the ‘WeWork of 2020’



DoorDash stock skyrocketed in its NYSE debut Wednesday, but New Constructs CEO and market analyst David Trainer told FOX Business Network's “The Claman Countdown” investors shouldn’t waste their money.

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DoorDash IPO delivers big, opens at $182 per share

DoorDash IPO delivers big, opens at $182 per share



The coronavirus pandemic is driving demand for DoorDash, a food-delivery company headquartered in San Francisco.

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Brompton bikes: Production delay after UK port problems

The company famous for its folding bikes says its production is being delayed by UK ports congestion.

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Twitter boss Jack Dorsey donates $15m for income support

Jack Dorsey's support for universal basic income programmes comes as US government aid has faltered.

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TikTok named No. 1 marketer of 2020

TikTok named No. 1 marketer of 2020



Short-form video app TikTok has been named the No. 1 marketer of 2020, media news and analysis website Ad Age found.

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PubMatic CEO seeing digital ‘acceleration’ and ‘massive’ opportunity in online ads

PubMatic CEO seeing digital ‘acceleration’ and ‘massive’ opportunity in online ads



PubMatic CEO and co-founder Rajeev Goel discusses his company going public and how the coronavirus has led more people to do things online for the first time, such as shopping or seeing their doctor.

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S&P sets new record with coronavirus stimulus, vaccine in focus

S&P sets new record with coronavirus stimulus, vaccine in focus



U.S. equity markets opened in record territory as traders weighed a setback in COVID-19 relief talks and the pending approval of a vaccine.

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UK investigates possible allergic reactions to Pfizer coronavirus shot

UK investigates possible allergic reactions to Pfizer coronavirus shot



U.K. regulators said Wednesday that people who have a "significant history'' of allergic reactions shouldn't receive the new Pfizer-BioNTech vaccine.

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Elon Musk moves Tesla to Texas in Silicon Valley snub

The billionaire tech entrepreneur said the state of California had become "complacent" with innovators.

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Brexit: Tesco stockpiles food in case of 'worst-case scenario' no-deal

The supermarket warns prices could rise by up to 5% in January in the event of no deal.

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Boeing 737 Max: Brazilian airline to resume passenger flights

The jet has been overhauled after it was grounded for 20 months following two deadly crashes.

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US stock futures trending higher on coronavirus vaccine, stimulus news: report

US stock futures trending higher on coronavirus vaccine, stimulus news: report



U.S. equity futures are pointing higher hours before the opening bell as Investors were encouraged by upbeat news on coronavirus vaccines and reports that lawmakers and the White House are making progress toward fresh stimulus for the U.S. economy.

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DoorDash IPO prices above range at $102 per share

DoorDash IPO prices above range at $102 per share



DoorDash said Tuesday evening that its initial public offering will be priced at $102 per share, above its previously announced price range of $90 to $95 per share, valuing the company at roughly $39 billion after it raised $3.37 billion.

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UK to drop US goods tariffs in bid for trade deal

The move breaks ranks with the EU in a dispute with the US over subsidies for Boeing and Airbus.

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Uber sells off flying taxi unit

Elevate is the second business Uber has sold off this week as the company seeks profitability.

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Cost of goods 'set to rise' from shipping mayhem

Businesses say importing goods to the UK is now so difficult, higher costs will be passed on to consumers.

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'Tax the wealthy to pay for coronavirus'

The government should consider a wealth tax to patch up the public finances, tax experts say.

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Scam alert: 'I was desperate for a job'

One victim's tells of "pushy" fraudsters as a charity says mental health issues leave people exposed to scams.

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Currys PC World asked to honour cancelled Black Friday sales

Shoppers say they are being charged full price to re-order products cancelled because of a fault.

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PayPal 'reward' email rapped for misleading

The message must not be sent again in the same form, rules the Advertising Standards Authority.

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Could Brexit make my food more expensive?

The UK is negotiating a new trade deal with the EU - how might the result affect food prices?

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So you want a career in computer games tournaments?

The first e-sports graduates are about to hit the jobs market, so was it worth the time and expense?

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Uber sells flying taxi business to Joby Aviation

Uber sells flying taxi business to Joby Aviation



While the financial terms of the acquisition were not released, Uber will invest an additional $75 million in Joby, bringing its all-time total investment in the company to $125 million.

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