China gets tough on firms over single-use plastics

It is part of a wider push to improve China's ranking as the world's biggest producer of plastic waste.

from BBC News - Business https://ift.tt/37CPB6r

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Parler CEO: Market can 'solve' Facebook, Twitter antitrust problem

Parler CEO: Market can 'solve' Facebook, Twitter antitrust problem



John Matze joins 'The Evening Edit' to discuss competition between social media giants.

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Musk says another SpaceX test flight set for Wed

Musk says another SpaceX test flight set for Wed



SpaceX may launch its next test flight of a prototype of its Mars rocketship this week, founder and chief executive Elon Musk said on Twitter Sunday.

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December, January are ‘most critical’ months to stop coronavirus spread: Doctor

December, January are ‘most critical’ months to stop coronavirus spread: Doctor



Dr. Natasha Kathuria, an ER physician and Global Outreach Doctors Board of Directors member, on how Americans should approach the coronavirus pandemic as they wait for the release of the vaccine.

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Trump may still ok TikTok deal after negotiating with Oracle to prevent China spying on US users: Gasparino

Trump may still ok TikTok deal after negotiating with Oracle to prevent China spying on US users: Gasparino



Sources tell FOX Business’ Charlie Gasparino that the White House extended the ban deadline to Dec. 4 as TikTok’s competitors push officials to ban the app in the U.S.

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Third-party sellers are the 'life's blood' of what makes Amazon work: 'The Amazon Jungle' author

Third-party sellers are the 'life's blood' of what makes Amazon work: 'The Amazon Jungle' author



'The Amazon Jungle' author Jason Boyce provides insight into the perils of selling products on Amazon, explaining that third-party sellers are dependent upon the company and cannot complain.

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China-US trade war: Beijing escalates tit-for-tat with Washington

Beijing has introduced tough new laws which restrict the export of "controlled items".

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

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Oil prices down Tuesday amid concerns over mounting supply after top producers delayed talks on 2021 output policy

Oil prices down Tuesday amid concerns over mounting supply after top producers delayed talks on 2021 output policy



Oil prices slipped on Tuesday amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand.

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Zoom's pandemic-fueled boom continues

Zoom's pandemic-fueled boom continues



Zoom's quarterly results are solid but they've come with a price.

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Debenhams faces uncertain future as JD Sports quits rescue talks

The move could leave the firm on the brink of collapse, with the possible loss of up to 12,000 jobs.

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

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Christmas tree sales boom as people decorate early

It's a bumper year for British tree growers as customers look for some early festive cheer.

from BBC News - Business https://ift.tt/3lovca2

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How machine learning is allowing thousands of students to sit exams at home

Machine learning is helping firms across many industries more quickly solve difficult challenges.

from BBC News - Business https://ift.tt/3qmLST0

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Zoom boosts sales forecast as pandemic drags on

The pandemic has transformed the fortunes of the video conferencing firm, once a niche tech name.

from BBC News - Business https://ift.tt/3qeL9TJ

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Georgia runoffs, coronavirus lockdowns put stock market's record run in peril

Georgia runoffs, coronavirus lockdowns put stock market's record run in peril



An uncertain 2020 election outcome and a resurgence in COVID-19 infections have the potential to derail the stock market’s record run, according to Morgan Stanley.

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Dow books best month since 1987

Dow books best month since 1987



U.S. stocks clocked a stellar November despite Monday's selling.

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Fewer Americans sign contracts to buy homes in October

Fewer Americans sign contracts to buy homes in October



Thanks to a red-hot summer, contract signings are still 20.2% ahead of where they were last year.

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Two coronavirus vaccines available in US in coming weeks: health secretary

Two coronavirus vaccines available in US in coming weeks: health secretary



The first two vaccines against the novel coronavirus could be available to Americans before Christmas, Health Secretary Alex Azar said on Monday, after Moderna Inc became the second vaccine maker likely to receive U.S. emergency authorization.

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JetBlue warns of higher cash burn as coronavirus rages

JetBlue warns of higher cash burn as coronavirus rages



The New York-based airline expects fourth-quarter flight capacity to decline as much as 50% versus last year, worse than its prior forecast of at most a 45% drop.

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Cloud wars heat up as Salesforce zeros in on Slack

Cloud wars heat up as Salesforce zeros in on Slack



The battle for control of the cloud-based communication, increasingly critical as more Americans work remotely, is heating up amid reports Salesforce.com is in advanced talks to buy workspace messaging platform Slack Technologies.

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Biden picks Yellen for Treasury secretary, Democratic operative Tanden for OMB director

Biden picks Yellen for Treasury secretary, Democratic operative Tanden for OMB director



President-elect Joe Biden on Monday formally announced former Federal Reserve Chair Janet Yellen as his pick for Treasury secretary.

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Moderna to request emergency authorization of coronavirus vaccine

Moderna to request emergency authorization of coronavirus vaccine



Moderna is asking the Food and Drug Administration for emergency approval of its coronavirus vaccine, the Cambridge, Mass.-based biotech firm announced Monday.

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US stocks trending downward after Thanksgiving holiday weekend

US stocks trending downward after Thanksgiving holiday weekend



U.S. equity futures are trading mixed Monday, hours before the opening bell, days after the Dow Jones Industrial Average closed above 30,000 points for the first time last week and following the Thanksgiving holiday.

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Unilever explores four-day working week

The owner of Dove soap and Ben & Jerry's ice cream is testing a shorter week in New Zealand.

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

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Topshop owner Arcadia goes into administration

Although the fall of the retail group puts 13,000 jobs at risk, there will be no immediate redundancies.

from BBC News - Business https://ift.tt/36ksCNP

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Currys PC World apologises after gift cards wiped

The company is still assessing how many customers may have been affected.

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

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Microsoft files patent to record and score meetings on body language

Facial expressions and how long staff speak for would contribute to a score given to a meeting.

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

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Has Topshop boss Philip Green done anything wrong?

Every generation has its business pantomime villain - what's the real story with Philip Green?

from BBC News - Business https://ift.tt/3mA2RyA

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Is my pension ruined if a retail empire crumbles?

The expected collapse of Topshop owner Arcadia means many pension holders are likely to take a hit.

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

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New Lloyds boss may land £5.5m pay day

Charlie Nunn is to replace Antonio Horta-Osorio, who leaves the bank in the summer.

from BBC News - Business https://ift.tt/2Jxafw3

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Asda's billionaire brothers make a bid for Caffè Nero

The Issa brothers have offered to buy the chain, which is struggling to pay its rents.

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

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Covid: Shops in England can open for longer in run-up to Christmas

Local authorities will be allowed to temporarily waive rules restricting retail opening hours.

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

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Coronavirus: Qantas adds to job cuts by outsourcing 2,000 roles

The Australian airline had already announced the loss of 6,000 staff as it tackles virus downturn.

from BBC News - Business https://ift.tt/3o5VxeD

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Coronavirus: Investment scams quadruple since virus lockdown

Fraudsters have been using more sophisticated tactics to steal millions from UK investors.

from BBC News - Business https://ift.tt/39ruQgg

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Arcadia: Topshop owner faces collapse within hours

The collapse of the group, which includes Topshop and Dorothy Perkins, would put 13,000 jobs at risk.

from BBC News - Business https://ift.tt/3mnj5et

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Huawei ban from UK 5G network brought forward

The cut-off date of September for the installation of new equipment is earlier than expected.

from BBC News - Business https://ift.tt/36hnzhg

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The photographers capturing buildings and biscuits in 3D

Photographers are scanning landmarks in stunning 3D detail and putting them on the internet. Why?

from BBC News - Business https://ift.tt/3maWS3p

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Arcadia: Sir Philip Green 'must plug Arcadia pension hole'

His retail empire, including Topshop and Dorothy Perkins, is understood to be on the brink of collapse.

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

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Coronavirus: Suspend peak rail fares over Christmas, says Labour

A surge in travel is expected when restrictions across the UK are eased between 23 and 27 December.

from BBC News - Business https://ift.tt/3q9M73E

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How green and profitable are e-scooters?

Wayne Ting, chief executive of e-scooter firm Lime, says there's room for improvement.

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

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Zappos ex-boss and Las Vegas entrepreneur Tony Hsieh, 46, dies after house fire

Tony Hsieh led online retailer Zappos, acquired by Amazon, and helped transform central Las Vegas.

from BBC News - Business https://ift.tt/3o3GGkP

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Arcadia: Buyers to 'pick over carcass' of Topshop owner, says former boss

Breaking up the Arcadia empire is 'the only way' forward, former chief executive Lord Rose says.

from BBC News - Business https://ift.tt/3q5VJMF

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Covid: Road and rail changes planned for Christmas travel spike

Around 500 miles of roadworks are being cleared to ease congestion on motorways over the festive period.

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

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Black Friday comes early for shoppers this year

Shoppers took advantage of early Black Friday offers, but could face delays in getting their orders.

from BBC News - Business https://ift.tt/2HJ8rQh

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Royal Mail could save £225m by cutting Saturday post, regulator says

The postal regulator says it could drop weekend letter deliveries and still meet people's needs.

from BBC News - Business https://ift.tt/33oFf8J

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Topshop owner Arcadia on brink of collapse

Talks about borrowing £30m have reportedly failed, potentially putting 13,000 jobs at risk.

from BBC News - Business https://ift.tt/2V8fpkS

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TSB owner Sabadell considers bank's future as BBVA deal scrapped

The Spanish bank is seeking "strategic alternatives" after scrapping a merger with BBVA.

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

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Is there a gap between public and private sector pay?

The chancellor has been making some claims about pay in the public and private sectors.

from BBC News - Business https://ift.tt/2J2sc65

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Brexit: Face-to-face trade talks to resume in London

In-person meetings were suspended when EU chief negotiator Michel Barnier had to self-isolate.

from BBC News - Business https://ift.tt/366LLCT

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China slaps tariffs on Australian wine as tensions grow

It has been investigating the "dumping" of cheap wines in China - an accusation Australia denies.

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

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New rules to limit Google and Facebook's market power

The two tech giants account for around 80% of the £14bn ($18.7bn) spent on online advertising in 2019.

from BBC News - Business https://ift.tt/37d39Fb

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Dyson to spend $3.67bn on new technologies

The company's investments will mostly be in Singapore, the UK and the Philippines.

from BBC News - Business https://ift.tt/367M802

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Black Friday: Next, M&S and Wilko shun sales event

Although Black Friday spending in the UK is set to soar in 2020, some brands won't be taking part.

from BBC News - Business https://ift.tt/367eCXJ

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Rishi Sunak faces state pension conundrum

Official forecasts suggest the state pension will rise by 4.1% in April 2022 when unemployment is high.

from BBC News - Business https://ift.tt/33kL0Ee

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October redundancies double last year's rate

With Covid cases rising and uncertainty over government support, employers planned 51,000 job cuts

from BBC News - Business https://ift.tt/39e72wq

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New jobs in UK hospitality sector 'non-existent'

Recruitment firms say restaurants, bars and hotels are the worst-hit.

from BBC News - Business https://ift.tt/3m94wLw

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Amazon spends $500m on bonuses for Christmas staff

The money for frontline UK and US staff is a thank-you for working through the pandemic.

from BBC News - Business https://ift.tt/3m9Kqkp

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If public spending was £100, how would it be split?

Every year the chancellor doles out billions of pounds of taxpayer money, but where does it go?

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

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Bar chain owner: 'This is pure and simple business torture'

Bar chain owner Martin Greenhow says hospitality is "on the brink of financial collapse".

from BBC News - Business https://ift.tt/39kgrSX

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Hospitality is 'bearing the brunt' of tier pain

UK Hospitality warns its members are facing mass redundancies as England tiers are revealed.

from BBC News - Business https://ift.tt/3ldvi3T

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M&S warns Brexit may affect 15% of NI food lines

Retailer Marks & Spencer says that some of its food product lines may be unavailable in January.

from BBC News - Business https://ift.tt/3nZWF3u

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German property company collapses with my pension

Thousands of pension holders owed more than a billion pounds despite promises their money was safe.

from BBC News - Business https://ift.tt/3mav6Ur

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Black Friday: Why bots will beat you to in-demand gifts

Black Friday and Christmas shopping are here - but it may be harder than ever to snag what you want.

from BBC News - Business https://ift.tt/3m83PCa

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Boohoo appoints former judge Sir Brian Leveson to probe company's ethics

Sir Brian Leveson will oversee the company's efforts to monitor its suppliers more closely.

from BBC News - Business https://ift.tt/3matk5F

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Rishi Sunak: I have to make tough choices on public pay

The chancellor said that he could not justify a wage rise for all public sector workers.

from BBC News - Business https://ift.tt/3q1nfeg

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Noteworthy: Clydesdale Bank's demise

Phasing out the Clydesdale Bank brand will see the firm's banknotes begin to disappear from circulation.

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

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Covid-19 could 'cut pay by £1,200 a year by 2025' - think tank

The virus is one of three "once in a lifetime" recent economic shocks says the Resolution Foundation.

from BBC News - Business https://ift.tt/363ESlM

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Coronavirus: Shanghai rises to become world's most connected city

London has been dethroned from top spot as the coronavirus pandemic reverses "a century of progress".

from BBC News - Business https://ift.tt/3nW29Mp

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Union backlash over public sector pay freeze

Leaders of Britain's biggest unions vow to resist chancellor's freeze on workers who "risked everything".

from BBC News - Business https://ift.tt/3laB8Dc

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Covid: Pub industry tells the PM it faces 'darkest of moments'

More than 50 executives call for evidence justifying industry's Covid restrictions to be published.

from BBC News - Business https://ift.tt/3l34BiB

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Britons 'misunderstand and distrust economics data'

Groups such as the media and politicians need to explain economics data better, a study suggests.

from BBC News - Business https://ift.tt/367QBj2

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Spending Review: Rishi Sunak 'hasn't gone far enough'

Under-30s have been hit hard by Covid, so what did they think of the chancellor's Spending Review?

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

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Spending Review: Millions face cut in value of workplace pensions

Women and new retirees likely to be hit hardest by the planned change - but not before 2030.

from BBC News - Business https://ift.tt/375qwk9

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Spending review: Chancellor warns of 'lasting' damage to UK economy

Official forecasts warn the UK economy will shrink 11.3% this year due to the impact of the virus.

from BBC News - Business https://ift.tt/366CsD3

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Low-paid public sector workers to get £250 pay rise

Public sector pay will be frozen but low-paid and NHS workers will still get raises, the chancellor has said.

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

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Spending Review: Key points from Rishi Sunak's statement

Chancellor Rishi Sunak has set out what the government will spend next year. Here are the headlines.

from BBC News - Business https://ift.tt/39l8oFP

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Spending Review: Unemployed predicted to rise to 2.6 million

The chancellor says the "economic emergency" has "just begun", but promises more help for the jobless.

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

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Harrabin: Now will the Treasury go green?

As Boris Johnson is driving UK emissions down, is his chancellor preparing to drive them back up?

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

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US-China trade war: Trump gives one last twist

The US says it will impose tariffs on twist ties, used to seal bread bags and tie up cables.

from BBC News - Business https://ift.tt/3o0tPQB

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Coronavirus: Second-hand website becomes latest unicorn start-up

India's Cars24's value rises above US$1bn as people look for alternatives to public transport.

from BBC News - Business https://ift.tt/3fuBW4R

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'My dream flat left me with a £20,000 repair bill'

The government's shared ownership scheme has left some with rising fees and huge debts, BBC Panorama finds.

from BBC News - Business https://ift.tt/2J7hUkT

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Spending Review: Chancellor to set out government spending plans

Rishi Sunak's spending review comes amid a difficult economic backdrop caused by the Covid pandemic.

from BBC News - Business https://ift.tt/3l3CqQy

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New aircraft spy opportunities amid aerospace woes

Start-up firms target regional routes around the world with quiet, cheap electric aircraft.

from BBC News - Business https://ift.tt/33cx4w3

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US shares set records as investor optimism grows

The Dow Jones index closes above 30,000 for the first time amid string of positive news.

from BBC News - Business https://ift.tt/2J4cuak

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Amazon sorry for Sidewalk 'confusion'

The new network, which uses other people's broadband, is not launching in the UK.

from BBC News - Business https://ift.tt/39icxdD

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Spending Review: Sunak pledges to make jobs 'number one priority'

The chancellor promises his Spending Review will include a £4.6bn package to help people back to work.

from BBC News - Business https://ift.tt/3m1XaJJ

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NS&I apologises for delays amid savers' exodus

It says sorry to those struggling to get through on the phone on the day cuts in savings rates take effect.

from BBC News - Business https://ift.tt/3q1ssTA

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Elon Musk becomes world's second richest person

The tech billionaire overtakes Bill Gates after Tesla shares soar on S&P acceptance

from BBC News - Business https://ift.tt/37297Jb

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UK car industry warns of £55bn no-deal Brexit hit

Big losses will be seen in the next five years if the UK fails to strike a deal with the EU, the sector warns.

from BBC News - Business https://ift.tt/35YYrvj

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Rishi Sunak: Why should I care what he says?

The chancellor will set out his plans for government spending, but will it be bad or good news for you?

from BBC News - Business https://ift.tt/360fDRh

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Most Black Friday products 'were same price or cheaper' beforehand

Nine in ten products are the same price or cheaper before the sale, finds consumer group.

from BBC News - Business https://ift.tt/2J8fB0A

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Huawei ban: UK networks breaking new law face big fines

The Telecommunications Security Bill bans the involvement of Huawei in the UK's 5G mobile network.

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

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Pets prove 'a lifesaver' for lockdown loneliness

Pets at Home reports soaring sales as people increasingly turned to animals for solace amid the pandemic.

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

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Brexit: Hauliers fear 'mayhem' at Holyhead port

There are claims Holyhead port will not be ready for the end of the Brexit transition period.

from BBC News - Business https://ift.tt/2URFx3g

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Covid-19: World's top latex glove maker shuts factories

Malaysia's Top Glove will close more than half of its plants after a surge in virus cases.

from BBC News - Business https://ift.tt/3958q4q

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Coronavirus: Retail workers 'scared' as cases surge

Workers rights groups say employers must do more to protect staff as coronavirus cases surge.

from BBC News - Business https://ift.tt/2J63XUd

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Protect leaseholders from cladding removal costs, say MPs

The state should foot the bill for removing flammable materials from high-rise buildings, MPs say.

from BBC News - Business https://ift.tt/3l0twmT

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Covid-19: Arrivals in England to be able to cut quarantine if they pay for test

People arriving in England can end their self-isolation with a negative test taken after five days.

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

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Sunak begins planning for a post-Covid economy

The Spending Review marks the start of the chancellor's economic recovery planning. Here's what to watch for.

from BBC News - Business https://ift.tt/3fE135n

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Goodbye ATMs. How local shops offer access to cash

Is this the post-Covid future for millions of people who still need to pay using notes and coins?

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

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The film crews being directed from a continent away

The pandemic has led to a big rise in remote filming, with directors miles away from the set.

from BBC News - Business https://ift.tt/36YOE7R

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Janet Yellen: Biden to pick 'first female treasury secretary'

Janet Yellen served as the head of the America's central bank under Barack Obama.

from BBC News - Business https://ift.tt/35Vq3l4

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Covid: What are the new rules for pubs around the UK?

New rules for pubs in England come into effect on 2 December after the second lockdown ends.

from BBC News - Business https://ift.tt/3f9kTUv

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New Covid rules 'rub salt in the wounds', say pubs

England's hospitality sector warns post-lockdown restrictions risk putting firms out of business.

from BBC News - Business https://ift.tt/2J5l6gS

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British Airways sells off bowls to bedding as it shifts surplus stock

The airline is selling thousands of items, including memorabilia from its retired 747 aircraft.

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

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Google: Garage owner takes on tech firm over fake reviews

A car salesman says he felt "helpless" when the tech giant refused to delete damaging comments.

from BBC News - Business https://ift.tt/35QCG0Q

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Scotland's national investment bank launches

A laser technology firm in Glasgow receives the first backing from the bank which aims to encourage sustainable innovation.

from BBC News - Business https://ift.tt/35Rdes6

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Coronavirus: NI ministers discussing lockdown financial support

It is understood the proposed £300m package will support those hit by the new restrictions.

from BBC News - Business https://ift.tt/3lV9ATL

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Covid: A fifth of disabled people have work requests refused

One in five disabled people say they have to choose between staying safe or keeping their jobs under current furlough rules.

from BBC News - Business https://ift.tt/2UTgZH3

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Covid-19: China pushes for QR code based global travel system

QR codes - bar codes that can be read by mobile phones - have been used in China during the pandemic.

from BBC News - Business https://ift.tt/2J3Ors5

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Covid-19 pandemic: Merkel 'worried' about vaccines for poor countries

The German leader voices concern after top economic powers promise a fair distribution of vaccines.

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

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Rishi Sunak says Spending Review will not spell austerity

The chancellor says he will uphold pre-Covid funding pledges on police, nurses and schools.

from BBC News - Business https://ift.tt/3fm3zNr

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What is a Spending Review? How will it affect you?

The chancellor will announce his public service spending plans in uniquely difficult circumstances.

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

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Kellogg's and Britvic attack plan to ban junk food ads online

Firms including Kellogg's and Britvic say the plan to tackle childhood obesity is "disproportionate".

from BBC News - Business https://ift.tt/3lVxy0X

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Coronavirus: £3bn for NHS but Sunak warns of 'economic shock' to come

Borrowing - which hit a record £22.3bn in October - cannot go on indefinitely, chancellor says.

from BBC News - Business https://ift.tt/396upYv

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Smaller turkeys on the menu this Christmas

Fearful that lockdown will extend until Christmas, households have been ordering smaller turkeys.

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

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Covid: Can we rescue the office Christmas party this year?

Some companies are finding ingenious ways of getting into the Christmas spirit against the odds.

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

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Four reasons Topshop is not the brand it once was

The chain's parent company is understood to be seeking emergency funding after being hit hard by coronavirus lockdowns.

from BBC News - Business https://ift.tt/36V2TdW

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'Thanksgiving To Go': Americans splash out on takeaways

Restaurants across the US are drawing in customers with their Thanksgiving takeaway menus this year.

from BBC News - Business https://ift.tt/2UNR0kp

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'I was embarrassed to tell friends about my business'

Tech entrepreneur Adnan Ebrahim says he was "embarrassed" to talk about his online business.

from BBC News - Business https://ift.tt/3nJZnK8

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'I was a stage manager and now I'm a bike mechanic'

Laura Wilson from west London takes us through her week during the coronavirus pandemic.

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

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Carnival Cruise boss banks on safety measures

The hugely profitable business has been brought to its knees by coronavirus.

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

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Households face £21 rise in energy bills in 2021

Ofgem is considering the rise to help energy firms which have been hit by a jump in unpaid bills.

from BBC News - Business https://ift.tt/35MA0kH

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Christmas tree sales to go ahead despite lockdown

Tree farms and sellers can open from Saturday, even as other non-essential retail remains closed in England.

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

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Fed fights White House move to end some Covid support measures

The US central bank says lending programmes being closed down by the government are still needed.

from BBC News - Business https://ift.tt/35Ozoer

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British Gas faces strikes over pay and conditions row

The GMB union ballots members over a worsening dispute about new "fire and rehire" contracts.

from BBC News - Business https://ift.tt/36QaQBi

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UK borrowing hits highest October level on record

The government borrowed £22.3bn in October - its highest for the month since records began.

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

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Early Christmas shopping helps boost retail sales

Sales rose for the sixth consecutive month in October, official statistics show.

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

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Maybach: Strong sales in China drive double sales

The luxury car brand owned by Daimler wants to tap into China's ambitious electric vehicle targets.

from BBC News - Business https://ift.tt/2Kh4xii

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Port troubles leave UK bookseller with no books

Congestion at Felixstowe Port in Suffolk is proving a major headache for importers before Christmas.

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

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Wands revive memories of the smart home dream

Lights, heating and fridges were all supposed to be internet connected, but it never really happened. Why?

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

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Millions of public sector workers face pay freeze

The pay of 5.5m workers could be frozen as the government tries to bolster the public finances.

from BBC News - Business https://ift.tt/330HLSC

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Covid has 'devastating' impact on gender equality

Britain could slip back in terms of workplace equality, but there are signs of hope, a charity says.

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

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TUC: Young people saw record job losses this summer

More under-24s made redundant in three months than the whole of 2019, analysis finds.

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

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Buzzfeed to buy Huffington Post

The deal will bring together two of the world's most high-profile digital media firms.

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

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IMF: Economy 'losing momentum' amid virus second wave

The International Monetary Fund warns against countries withdrawing economic support too soon.

from BBC News - Business https://ift.tt/32YiV5N

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Peacocks and Jaeger fall into administration

More than 4,700 jobs and almost 500 shops are at risk after the collapse of the fashion chains.

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

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Brexit talks suspended after positive Covid test

EU chief negotiator Michel Barnier says a member of his team has tested positive for the virus.

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Wirecard scandal: German MPs question ex-boss Braun

A criminal case is under way in Germany's biggest post-war accounting scandal.

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Cineworld eyes UK cinema closures and rescue deal

The cinema chain has appointed restructuring experts to negotiate unlocking more cash from lenders.

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Covid: One in three UK hospitality firms fear collapse

The sector, which has been hit hard by Covid, is the most downbeat about its prospects, data suggests.

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Climate change: Can sending fewer emails really save the planet?

UK officials are reportedly considering asking us to stop sending "thanks" emails - but why?

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PS5 launch day delivery delays and row over who is to blame

Huge demand for the new PlayStation, coupled with its size, means pre-orders may not arrive on time.

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

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Royal Mail parcel revenues overtake letters for first time

Online shopping during the pandemic means turnover from parcels surpasses letters for the first time.

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

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Have women CEOs coped better with Covid than men?

Have women bosses coped with the pandemic better than their male counterparts?

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ComparetheMarket fined £17.9m over competition law breach

Contracts meant getting the best home insurance deals was not as "simples" as its adverts suggest.

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

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President Xi at Apec: China pledges to open up its 'super-sized' economy

Chinese president Xi Jinping says it will import more high-quality goods and sign more trade deals.

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Vietnam economy is Asia's shining star during Covid

The South East Asian nation has benefited from the working from home electronics boom

from BBC News - Business https://ift.tt/3kR0ar6

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Apprentice redundancy numbers rise: 'I was devastated'

Two-thirds more apprenticeships ended in redundancy as Covid hit employers, BBC figures show.

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Coronavirus: 'We need to know if we can re-open after lockdown’

Struggling businesses say they want more clarity about what happens when lockdown ends.

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

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Apple to pay $113m to settle iPhone 'batterygate'

The lawsuit argued the iPhone-maker slowed down device performance to make users buy newer models.

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

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Coronavirus: Facebook accused of forcing staff back to offices

Content moderators say the tech giant is "risking lives" for profit in the pandemic.

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

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McDonald's sorry for stopping couriers using toilets

Food delivery drivers claim they were denied access to toilets at restaurants during lockdown.

from BBC News - Business https://ift.tt/35IieiP

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UK giant Unilever bets on vegan food with 'scary target'

The consumer giant wants a significant slice of sales to be plant-based as vegan foods take off.

from BBC News - Business https://ift.tt/35I3lwF

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Boeing's 737 Max cleared to fly in the US after crashes

The jet has been grounded since March 2019, after two crashes that together killed 346 people.

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Halfords boosted by growing demand for escooters

The retailer saw sales of electric-powered scooters rise despite road restrictions.

from BBC News - Business https://ift.tt/35HshEQ

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Apple slashes commission fees to developers on its App Store

Those who earn less than $1m this year will see their commission charge halved in 2021.

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Nissan warns on its UK future without a Brexit deal

The carmaker, which runs Britain's biggest car plant, said the factory 'will not be sustainable'.

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House prices rise as Covid sparks rural relocation

Property prices in the South West of England have risen fastest in the UK, official statistics show.

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Clothes and food price rises push inflation higher

The UK's inflation rate, which tracks the prices of goods and services, increases to 0.7% in October.

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Covid-19 shakes up world’s most expensive city club

Hong Kong, Zurich and Paris now top the list pushing down Singapore and Osaka due to virus impact.

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Cryptocurrency: Bitcoin hits three-year high as investors jump in

The digital currency is close to an all-time record although experts warn about its volatility.

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Government told to ‘come clean’ over Covid deals by spending watchdog

The government has been accused of a lack of transparency over £18bn of Covid-related contracts.

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Shift to electric cars will need 'Herculean' effort, says industry

A plan to ban sales of new petrol and diesel cars by 2030 will be challenging, the industry says.

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CEO Secrets: 'Ask your investors for a yes or no'

Ryan Edwards, creator of Audoo, a system that logs songs played in public, gives his business advice.

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Entertainers find new ways to pay the bills

With live venues closed and much filming on hold, celebrities are finding new ways to entertain.

from BBC News - Business https://ift.tt/3f6Yati

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Ban on new petrol and diesel cars in UK from 2030 under PM's green plan

The PM confirms he is bringing the ban forward as he sets out his "green industrial revolution".

from BBC News - Business https://ift.tt/3pBVn04

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British Airways to launch Covid testing trial for arrivals

The airline wants to show that testing could remove the need for arrivals to quarantine.

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

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Amazon launches online pharmacy service

It will sell prescription drugs initially in the US, with discounts for Prime users.

from BBC News - Business https://ift.tt/3pK5DDN

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Facebook and Twitter grilled over US election actions

Mark Zuckerberg and Jack Dorsey face questions about misinformation labels and account bans.

from BBC News - Business https://ift.tt/32SGkpf

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Shoppers warned against buying cheap electronics online

Some third-party sellers on Amazon, Wish and eBay are selling "extremely dangerous items".

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Government to invest £4bn to create 250,000 new green jobs

It is part of a long-awaited plan to hit net zero emissions that will be released later on Tuesday.

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Covid: Hospitality boss says 660,000 jobs lost so far in 2020

The head of the industry's trade group tells MPs the jobs were lost before the latest lockdown.

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Travel rules changed for Christmas turkey farm workers

Seasonal workers are now able to work during quarantine to ensure demand for Christmas is met.

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Coronavirus: How to be happier while working from home

Tips on happier ways to work from home in the Covid-19 pandemic and beyond.

from BBC News - Business https://ift.tt/2KgKH71

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Cargo e-bike firm thrives in lockdown

A West Yorkshire company making deliveries for independent retailers has seen trade soar in lockdown.

from BBC News - Business https://ift.tt/38PWBz1

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EasyJet slumps to a loss as Covid hits demand

The airline reports an annual loss for the first time in its 25-year history as demand collapses.

from BBC News - Business https://ift.tt/2H6xM6e

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Workers supplying UK retailers allege exploitation

Workers in Indian factories supplying Tesco, Sainsbury's, Marks and Spencer and Ralph Lauren say they are being exploited.

from BBC News - Business https://ift.tt/36GCyAi

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Huawei sells youth brand over tech restrictions

The Chinese communications firm said Honor had been under pressure to find suppliers.

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

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Biden vows to set 'rules of the road' on trade

US president-Elect's comments come as 15 Asia Pacific countries including China sign historic trade pact.

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Elon Musk's personal fortune rockets after eventful week

The billionaire has had an eventful few days and now Tesla is to be included in a major US index.

from BBC News - Business https://ift.tt/35A61MM

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StockX: Asian sneakerheads give trainer traders a spring in their step

A trading platform allowing people to buy and sell sneakers like shares is expanding into the region.

from BBC News - Business https://ift.tt/3f3kKTM

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Senior jobs with flexible hours 'get 20% more female applicants'

Women are more likely to apply for senior roles if they offer flexible hours, a study suggests.

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Transgender struggle: 'I had to keep who I was secret'

Former RAF pilot Caroline Paige and other transgender campaigners detail their equality struggles.

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

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Inventors design high-tech helmets for Covid protection

For two months, Yezin Al-Qaysi has been riding the Toronto subway wearing a huge black "mad helmet".

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Airbnb plans public share sale despite pandemic

The filing by the home rental web site offers a closer look at the loss-making firm's finances.

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Heathrow workers plan four-day December strike

Heathrow says the airport will keep operating despite the walk-out by workers.

from BBC News - Business https://ift.tt/36IRdea

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FTSE 100 jumps on second Covid vaccine hopes

News of a breakthrough by US drugs firm Moderna follows last week's positive results from Pfizer.

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Clintons boss: Supermarkets selling greeting cards 'grossly unfair'

Supermarkets should not be able to sell non-essential goods in lockdown, says boss of Clintons cards.

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Health and beauty boss Matthew Moulding in line for £830m payout

The owner of the firm behind Lookfantastic is set for one of the biggest payments in UK corporate history.

from BBC News - Business https://ift.tt/35xIXyo

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'The pot's empty and we'll have nowhere to hide'

Ian and Lindsey Beagle run a catering business and feel they don't have enough support during coronavirus.

from BBC News - Business https://ift.tt/2K7aPkt

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Technical glitch closes Australian Stock Exchange

The shutdown was linked to a software issue that created inaccurate market data.

from BBC News - Business https://ift.tt/2Us8DGm

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Japan leads economic 'Zoom boom' out of recession

Asian economies are leading the way as they show signs of bouncing back from the Covid-19 slump.

from BBC News - Business https://ift.tt/36HEg4r

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Working from home could lead to more prejudice, report warns

Offices and workplace friendships are key to breaking down misconceptions, a study suggests.

from BBC News - Business https://ift.tt/3nrl9SP

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Covid insurance test case heads to Supreme Court

Judges' decisions on insurance payouts for business interruption has a bearing on 370,000 businesses.

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New skills programme risks excluding 1.4m workers

New research claims many people may not qualify for the government's Lifetime Skills Guarantee.

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Robots to take on more supermarket tasks

Grocery and technology firm Ocado Group is buying two robotics firms, to boost the automation of online grocery orders.

from BBC News - Business https://ift.tt/3eS7Nw1

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Topshop owner in talks to secure £30m in funding

The Arcadia retail group, led by Sir Philip Green, is hoping to secure funding amid a second lockdown.

from BBC News - Business https://ift.tt/35xymDJ

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RCEP: Asia-Pacific countries form world's largest trading bloc

The Regional Comprehensive Economic Partnership covers nearly a third of the global economy.

from BBC News - Business https://ift.tt/32Hitsr

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Covid 'more damaging' to Wales economy than pit closures

The economic impact will be on a "different scale" to that seen in the 1980s, says Baroness Wilcox.

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Christmas cards 'even more poignant' this year

Card shops in England have had to shut in lockdown, yet people still want to connect at Christmas.

from BBC News - Business https://ift.tt/3pwUZA7

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Fibre broadband: The cost of delivering in rural areas

The eye-watering cost of delivering a fibre network to rural areas.

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

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Port Talbot steelworks: 'Partnership' call with UK government

MP calls for UK government support as a union official wants public ownership to be discussed.

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

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Felixstowe Port in 'chaos' as Christmas and Brexit loom

One shipping firm has re-routed to Rotterdam to avoid 'unacceptable' congestion at Felixstowe Port.

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Greggs to cut 820 jobs amid lockdown sales slump

Bakery chain chief says "the battle with Covid hasn't gone away and is intensifying further".

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Fraudsters 'targeting Christmas online shoppers'

Buyers of games consoles, bicycles and clothing may be at a higher risk of encountering a scam, banks say.

from BBC News - Business https://ift.tt/3eWjjq9

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How small shops plan to take on the retail giants

Efforts to shop local this Christmas could give small businesses a fairy tale end to a grim year.

from BBC News - Business https://ift.tt/2H0b141

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Tata: Concern over future of Port Talbot steelworks

Urgent talks are being sought to see how a funding plan will affect Port Talbot's workforce.

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Tata: Concern over future of Port Talbot steelworks

Urgent talks are being sought to see how a funding plan will affect Port Talbot's workforce.

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Covid: Watchdog shelves plans to protect loyal savers

The Financial Conduct Authority has also dropped proposals to restrict exit fees paid by investors.

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Hays Travel founder dies after collapsing at work

John Hays ran the UK's largest independent travel agent alongside his wife, Irene.

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Wells Fargo former boss charged with misleading investors

John Stumpf agreed to pay $2.5m to settle the latest claims arising from the bank's fake accounts scandal.

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University staff urge probe into e-book pricing 'scandal'

More than 2,500 university staff ask MPs to investigate publishers over the rising cost of online texts.

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John Lewis Christmas ad focuses on kindness theme

The company says it has deviated slightly from the style of its previous festive ads due to Covid-19.

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

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Tesco limits online customers amid Christmas rush

The supermarket apologises as people are forced to queue online to place their Christmas orders.

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Covid: Caffè Nero seeks help after pandemic 'decimates' trading

The coffee chain, which employs 6,000, people, is seeking financial breathing space from its landlords.

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Zambia on brink of defaulting on foreign debt

Coronavirus has aggravated pre-existing financial pressures, including a $12bn external debt load.

from BBC News - Business https://ift.tt/36AYahi

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Singapore: Helping the migrant workers who pay to get jobs

For many migrant workers, living and working in Singapore often means going into debt.

from BBC News - Business https://ift.tt/32FnAcA

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Wall Street 'old boys club' lets in more women

Women and ethnic minorities make up almost half of investment bank Goldman Sachs' new partners.

from BBC News - Business https://ift.tt/36x1h9X

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Asian trade mega-pact set to be signed this weekend

The deal is almost a decade in the making and covers nearly a third of the global economy

from BBC News - Business https://ift.tt/3eWwck8

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North West sees job ads surge while London lags

Nurses are in demand as vacancies climb to pre-pandemic levels, but with big regional variations.

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Black Friday emissions boom predicted

Climate change: why Black Friday needs patience

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TikTok lives to see another day in US

US Commerce Department halts ban on Chinese owned company.

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Should you tip the takeaway delivery driver?

The number of takeaways being delivered has soared due to Covid, but should you tip the driver?

from BBC News - Business https://ift.tt/36shNrV

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Bank heads: Outlook uncertain despite vaccine optimism

Fed and ECB chiefs say economic outlook still uncertain despite vaccine optimism.

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

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US bars investments in 'Chinese military companies'

President Donald Trump says China is 'exploiting' US investors to build up its military.

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

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Manchester United results released in error

Manchester United remain "absolutely committed" to manager Ole Gunnar Solskjaer, says executive vice-chairman Ed Woodward, as the club's first-quarter financial results are released early in error.

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China Muslims: Volkswagen says 'no forced labour' at Xinjiang plant

The car maker defends continued production in a Chinese region mired in allegations of rights abuses.

from BBC News - Business https://ift.tt/3lr6CGe

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Switzerland moves to close bribery loophole

Bribes paid to private individuals will stop being tax deductible from 2022, the government said.

from BBC News - Business https://ift.tt/2UmPG7W

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Airbnb glitch cancels trips after deactivating user accounts

A system error during "routine maintenance" cancelled bookings for hosts and users.

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

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No, Ticketmaster won't force you to have a Covid vaccine

The company denies reports claiming fans will need proof of a vaccine before attending a gig.

from BBC News - Business https://ift.tt/36rAdcg

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Hugo Boss drops Scouse slogan copyright action

Artist John Charles says he is "buzzing" after reaching a "boss" agreement with the fashion label.

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

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What is equal pay and how can you find out if you are getting it?

The BBC has been cleared of unlawful pay discrimination against women, but what is equal pay?

from BBC News - Business https://ift.tt/37NUg3E

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Covid: WH Smith slumps to a loss as pandemic hits sales

Lockdown measures and the slump in travel have seen the retailer's revenues tumble.

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

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Covid 19: I've lost my job, should I retrain?

The pandemic has caused thousands of people to lose their jobs. How easy is it to find a new career?

from BBC News - Business https://ift.tt/36tnaXN

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UK economy bounces back from recession

The UK economy grows by a record 15.5% in July to September, but remains below its pre-Covid level.

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

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Singles Day: Luxury brands jump on China's shopping event

Singles Day doubles its online sales as the world's largest shopping spree takes in $74bn.

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

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Are big retailers exploiting lockdown loopholes?

Some chains are capitalising on rules that allow them to sell non-essential goods alongside food.

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

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Covid means UK 'sleep-walking into a debt crisis'

A charity says the pandemic has pushed more people into severe problem debt.

from BBC News - Business https://ift.tt/3lA54cQ

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Kickstart scheme creates 19,000 work placements

The £2bn scheme has led to more than 19,000 work placements being created, the Treasury says.

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

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CEO Secrets: The dads getting entrepreneurial in lockdown

The CEO Secrets series hears from three fathers who have juggled start-ups and childcare in lockdown.

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Amazon's Ring video doorbells catch fire because wrong screw used

There have been dozens of cases of property damage and injuries to owners.

from BBC News - Business https://ift.tt/3eMI0Fs

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‘I have to pay £40,000 because of flammable cladding’

“Flammable cladding on my block of flats is costing me £40,000.”

from BBC News - Business https://ift.tt/36xtZb4

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Capital gains tax: Overhaul urged by government body

The chancellor commissioned the report in July as part of efforts to cover Covid-19 costs.

from BBC News - Business https://ift.tt/32Ckbex

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Coronavirus: M&S expands its scan-and-pay app to all UK stores

The retailer says it is bringing the service to 573 stores as part of its response to Covid-19.

from BBC News - Business https://ift.tt/3kmO0pm

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Rolls Royce plans 16 mini-nuclear plants for UK

The firm says the project will create 6,000 new jobs in the Midlands and the North of England

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

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TikTok asks Donald Trump: 'Are we still banned?'

The Chinese viral video service's owner ByteDance begins a legal challenge against the US ban.

from BBC News - Business https://ift.tt/2JYE0Gw

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Guinness recalls alcohol-free cans over contamination fears

The firm has announced a "precautionary" recall of its recently-launched non-alcoholic stout.

from BBC News - Business https://ift.tt/35jNrsg

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Government to protect key UK firms from takeovers that threaten national security

A new bill will allow the government to curb deals seen as posing an unacceptable risk to safety.

from BBC News - Business https://ift.tt/3lmc2SW

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Coronavirus: Wetherspoons calls rules 'baffling and confusing'

The pub chain's boss says Covid restrictions are "a muddle" as first quarter sales fall 27.6%.

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

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Covid lockdown: Boutiques 'livid' at 'unfair' shop restrictions

A group of fashion boutiques say there is not a level retail playing field in second lockdown.

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

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China to clamp down on internet monopolies

The regulations suggest increasing unease in Beijing with the growing influence of digital platforms.

from BBC News - Business https://ift.tt/35i8PxT

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Diversity: UPS relaxes rules on beards, braids and piercings

The parcel delivery firm says it will loosen guidelines for more than 500,000 workers globally.

from BBC News - Business https://ift.tt/3llyvQ2

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Tax working from home 'to support vulnerable jobs'

New report says people working from home should be taxed 5% to help those whose jobs are under threat.

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

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Covid: 'It's a relief for us to talk about money'

People aged 18 to 24 have taken a Covid-related financial hit but are least likely to open up about it.

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

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‘I’m trapped by my mortgage – let me escape’

MPs are looking at proposals that could free thousands of people from high-interest mortgages

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

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Detectives and noxious locks take on bike thieves

The cycling industry is coming up with innovative ways to deter a wave of bike crime.

from BBC News - Business https://ift.tt/38zEw7U

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Job search: Married couple forced apart during pandemic

Lake District-based couple had to move apart after the company they worked for went bust.

from BBC News - Business https://ift.tt/32tUtZu

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Amazon: EU charges tech giant with breaking competition rules

The EU says the platform is using data on its third-party sellers to gain an unfair advantage.

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

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Black Friday on Amazon: How to spot fake reviews online

As Black Friday goes online only this year we look at how to spot fake reviews.

from BBC News - Business https://ift.tt/2Ika1Im

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Oxo and Bisto owner Premier Foods sees 'exceptional' demand

The firm attracts over a million new customers as people turn to comfort foods during the pandemic.

from BBC News - Business https://ift.tt/3pd9Gbl

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UK unemployment rate continues to surge

Redundancies rose to reach a record high of 314,000, the Office for National Statistics says.

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

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McDonald's to debut plant-based burgers and fast food

The fast-food giant said it could also offer plant-based chicken substitutes and breakfast sandwiches

from BBC News - Business https://ift.tt/38u6jH0

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China's Singles Day: 3m people, 4,000 planes and cargo ships

The world's biggest 24-hour online shopping requires a huge effort to deliver all the goods on time.

from BBC News - Business https://ift.tt/3kd67y1

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Asian markets rally on good Covid-91 vaccine news

Stock markets across the region all headed higher as investors reacted to possible virus breakthrough

from BBC News - Business https://ift.tt/3eFH9X2

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Covid lockdown: Impulsive online spending 'like a drug'

People with mental health conditions can find it harder to stop spending too much online, a charity says.

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

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How artificial intelligence may be making you buy things

Retailers are increasingly using AI to try to predict and encourage what customers purchase.

from BBC News - Business https://ift.tt/32nKCEQ

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How intra-African trade is progressing amid the pandemic

Tariff negotiations are continuing but the pandemic has impacted progress of intra-African trade.

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

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Aldi extends click and collect to 200 more shops

The discount supermarket chain is expanding its trial as it faces growing competition from rivals.

from BBC News - Business https://ift.tt/32shps2

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EU imposes tariffs on $4bn of US goods in Boeing row

But the EU signals that it hopes for a settlement when Joe Biden becomes US president next year.

from BBC News - Business https://ift.tt/2In27OH

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Covid-19: FTSE 100 soars on vaccine hopes

Shares jump after Pfizer says analysis indicates its coronavirus vaccine offers 90% protection.

from BBC News - Business https://ift.tt/3mZ9muS

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Covid vaccine: First 'milestone' vaccine offers 90% protection

The vaccine is a "significant step" forward for getting life back to normal, but challenges remain.

from BBC News - Business https://ift.tt/35cWiMw

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Covid: Norwegian Air faces 'very uncertain future'

The airline faces a battle for survival after the Norwegian government declines further support.

from BBC News - Business https://ift.tt/35d6JzG

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Apple puts iPhone supplier on probation for labour violations

Students on a work-study programme at Pegatron were made to work overtime and night shifts, Apple says.

from BBC News - Business https://ift.tt/32rWcyN

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Four in 10 keep 'money secrets' from loved ones

Many could be hiding credit cards, loans and savings accounts from loved ones, a government body says.

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

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'We met through MoneySavingExpert'

Laura Hawcroft from Manchester takes us through her week during the coronavirus pandemic.

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

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The foul-smelling fuel that could power big ships

Engineers think ammonia, if made sustainably, could be a greener fuel for shipping, but challenges remain.

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

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Stock futures rise after Biden-Harris win, McDonald’s and Disney in focus

Stock futures rise after Biden-Harris win, McDonald’s and Disney in focus



Investors will react to Biden’s 2020 win and the moves he begins to make with his transition team.

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Brexit: EU and UK negotiators resume trade talks in London

Negotiators are to meet again after Boris Johnson insists a post-Brexit deal is "there to be done".

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Virgin Hyperloop pod transport tests first passenger journeys

The "sci-fi" travel concept involves travelling in pods inside vacuum tubes at very high speeds.

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'Biden Bounce' sees Japan shares hit 29-year high

Shares across Asia have seen healthy gains with the race for the White House finally over.

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Virgin Hyperloop completes first mission in Las Vegas excursion: report

Virgin Hyperloop completes first mission in Las Vegas excursion: report



Richard Branson’s Virgin Hyperloop has completed the world’s first passenger ride on a super high-speed levitating pod system, the company said on Sunday, a key safety test for technology it hopes will transform human and cargo transportation.

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'Real living wage' rises to £.9.50 an hour

More than 800 employers have accredited with the Living Wage Foundation since the start of the pandemic.

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Boris Johnson to chair nuclear summit

The government is committed to building nuclear power stations to decarbonise the UK's electricity.

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How will Joe Biden change US trade relations?

Will a change of guard in the White House make much difference to America's trade policy?

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Amtrak, automakers vow to work with future Biden administration

Amtrak, automakers vow to work with future Biden administration



U.S. transit and airline demand has been devastated by the coronavirus pandemic

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AOC notes 'Medicare-for-all' momentum among reelected Dems

AOC notes 'Medicare-for-all' momentum among reelected Dems



The New York congresswoman said swing-seat Democrats who supported the proposal have been reelected.

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As Biden wins, business groups turn focus to coronavirus relief

As Biden wins, business groups turn focus to coronavirus relief



Many businesses are still struggling due to the financial effects of the pandemic.

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Biden tax hike would accelerate exodus from high-tax states, experts predict

Biden tax hike would accelerate exodus from high-tax states, experts predict



Biden’s plan could result in marginal tax rates of more than 60% in three states and New York City.

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Biden’s win has wealthy focusing on estate planning as tax changes possible

Biden’s win has wealthy focusing on estate planning as tax changes possible



Advisers can help individuals strategically unload assets from their estates in order to avoid high tax rates.

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President Biden, VP Harris and the future -- a mixed blessing for business

President Biden, VP Harris and the future -- a mixed blessing for business



President-elect Biden and Vice President-elect Kamala Harris are facing a global pandemic and a sputtering economy.

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How a Biden presidency could change your tax bill

How a Biden presidency could change your tax bill



A victory by Democratic presidential candidate Joe Biden in the November election could significantly change tax bills for a slew of Americans. Here's what you need to know.

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Joe Biden's 2020 tax plan: The key points

Joe Biden's 2020 tax plan: The key points



Biden has said the tax code should be more progressive and equitable.

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For Senate Democrats, campaign money couldn't buy happiness

For Senate Democrats, campaign money couldn't buy happiness



Democrats who had hoped to easily oust the 53-47 Republican Senate majority have instead won a net gain of only one seat so far.

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California voters put brakes on 5 key progressive policies in 2020 election. What the heck happened?

California voters put brakes on 5 key progressive policies in 2020 election. What the heck happened?



On Nov. 3 Californians voted against five key progressive policies in statewide propositions.

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Pandora paying all staff in full through pandemic

The world's largest jeweller has no plans for permanent store closures despite the impact of Covid-19.

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Coronavirus: Hauliers included in Denmark restrictions

Rules for travel from Denmark were tightened after a coronavirus strain spread from mink to humans.

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Dealmakers see divided US government favoring mergers and acquisitions

Dealmakers see divided US government favoring mergers and acquisitions



One corporate sector that could be a major beneficiary of the election outcome is the oil and gas industry

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'I'm not sure how we're going to survive'

Salvatore Forte lost both parents to Covid-19. Now he is fighting to keep his business going.

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Brexit: 'Significant differences remain' over trade deal

The PM and EU Commission president agree to "work hard" to reach a deal when talks resume on Monday.

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Climate change: Why the UK's carbon-free future will need rules

Tackling climate change will need action right across society and the economy - with a host of new incentives.

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'We must build new bridges' following election, says Microsoft President Brad Smith

'We must build new bridges' following election, says Microsoft President Brad Smith



Microsoft President Brad Smith has urged Americans to come together following the 2020 election.

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Walmart CEO led Business Roundtable congratulates President-elect Joe Biden, Vice President-elect Kamala Harris

Walmart CEO led Business Roundtable congratulates President-elect Joe Biden, Vice President-elect Kamala Harris



“Business Roundtable congratulates President-elect Biden on his election as 46th President of the United States. We also congratulate Vice President-elect Harris on her historic accomplishment as the first woman, Black woman and person of South Asian descent to be elected Vice President of the United States," the organization, led by Walmart CEO Doug McMillon, said in a statement. "We look forward to working with the incoming Biden Administration and all federal and state policymakers."

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Just Park sorry for renting spaces behind owners' backs

Scammers are listing other people's driveways in an attempt to make money from the parking app and website, Just Park.

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Jack Ma's terrible week

How Jack Ma's clash with the Chinese authorities stopped the biggest-ever share market debut.

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Tech policy group urges President-elect Biden to boost innovation, broadband access

Tech policy group urges President-elect Biden to boost innovation, broadband access



Tech policy group the Computer and Communications Industry Association (CCIA) has urged President-elect Biden to boost innovation and encourage broadband access.

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JPMorgan CEO Jamie Dimon: Biden win is 'time for unity'

JPMorgan CEO Jamie Dimon: Biden win is 'time for unity'



JPMorgan CEO Jamie Dimon weighs in Biden's 2020 win.

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Five questions for Joe Biden on the economy

Coronavirus, climate, taxes, tech and trade - what will Joe Biden do?

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Air bag fragments kill Volvo driver, touching off recall

Air bag fragments kill Volvo driver, touching off recall



Metal fragments from an exploding air bag inflator killed the driver of an older Volvo, touching off a U.S. recall of up to 54,000 cars, regulators said Saturday.

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Investors fear Trump's election fight will prove stock market quicksand

Investors fear Trump's election fight will prove stock market quicksand



The benchmark S&P 500 rallied 7.33% this week to near-record highs despite days of uncertainty about who won the White House, but volatility may return in a flash.

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Buffett's Berkshire hurt by pandemic even as Apple boosts profit

Buffett's Berkshire hurt by pandemic even as Apple boosts profit



Berkshire Hathaway Inc on Saturday posted a lower operating profit as the coronavirus pandemic was expected to weigh on some of its businesses, though gains in stocks such as Apple Inc fueled a big quarterly net profit.

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TikTok gets thrown into election dispute as QAnon ballot conspiracy goes viral

TikTok gets thrown into election dispute as QAnon ballot conspiracy goes viral



Facebook, Twitter and Google-owned YouTube have each seen their share of election-related controversies in recent days and now TikTok is joining them.

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2020 election had significantly less cyberattacks than 2016: Cloudfare CEO

2020 election had significantly less cyberattacks than 2016: Cloudfare CEO



Cloudflare co-founder and CEO Matthew Prince discusses how technology platforms were used to subvert the election and 'undermine trust,' and his company's donation to minimize cyberattacks.

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Could a divided government help markets hit new highs this year?

Could a divided government help markets hit new highs this year?



Zuma Global President Heather Zumarraga, Surevest CEO Rob Luna and MacroTrends Advisors founding partner Mitch Roschelle weigh in on how factors like the presidential election and more states legalizing marijuana are affecting markets.

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Candace Owens on suing fact-checkers: I’m after ‘accountability’

Candace Owens on suing fact-checkers: I’m after ‘accountability’



Conservative activist Candace Owens explains why she’s suing Facebook’s third-party fact-checkers.

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YouTube, Twitter pull Steve Bannon’s show for violent threats against Wray, Fauci

YouTube, Twitter pull Steve Bannon’s show for violent threats against Wray, Fauci



Fmr. Trump advisor Steve Bannon had his show permanently suspended from Twitter and an episode removed from YouTube. Here's why...

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Facebook blocks #StopTheSteal hashtag as White House race turns on narrow margins

Facebook blocks #StopTheSteal hashtag as White House race turns on narrow margins



Faccebook is blocking two hashtags on the platform as election results narrow in battleground states.

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Roomba maker iRobot issues potential malfunction warning about certain docking stations

Roomba maker iRobot issues potential malfunction warning about certain docking stations



​​​​​​​Roomba maker iRobot has warned users about a potential malfunction on certain Roomba i7+ docking stations.

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Covid-19: Lockdown 'opportunity' to fix England's roads

The AA urges councils in England to deal with potholes and junctions while fewer cars are in use.

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Manchester clubs urged to pay staff 'real living wage'

Food banks write to United and City saying club staff are "struggling to put food on the table".

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'I was refused a home Covid test after credit check'

A BBC investigation finds people are being refused home Covid tests because of their credit histories.

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SeaWorld swings to third-quarter loss as attendance plummets

SeaWorld swings to third-quarter loss as attendance plummets



The company in September laid off some of the park and corporate employees it furloughed earlier this year, joining companies that are making their job reductions permanent as they reassess staffing plans and settle in for a long period of uncertainty during the Covid-19 pandemic.

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Live updates: Fed decision, Jerome Powell's Q&A session

Live updates: Fed decision, Jerome Powell's Q&A session



Fed Chairman Powell gave advice on how Americans can help revive the economy.

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The Ripped Gym in Harlow owner arrested after staying open in lockdown

Police say they attended the gym having been "made aware of social media posts".

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'Demand for bigger homes' pushes up UK house prices

UK house prices are 7.5% higher than a year ago, the Halifax says, but the lender expects a slowdown.

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Brexit: Watchdog warns of 'significant' border disruption

The National Audit Office says traders are unlikely to be ready for changes due from next January.

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Bentley reveals roadmap to go fully electric by 2030

The luxury carmaker will scrap petrol engines within a decade and become carbon neutral.

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Roomba maker iRobot issues potential malfunction warning about certain docking stations

Roomba maker iRobot issues potential malfunction warning about certain docking stations



​​​​​​​Roomba maker iRobot has warned users about a potential malfunction on certain Roomba i7+ docking stations.

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Coronavirus: All Blacks rugby looking at private equity bids

New Zealand's world-famous national rugby team has seen its cash reserves hit hard during the pandemic.

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Vatican's financial scandal prompts Pope to move investments

Vatican's financial scandal prompts Pope to move investments



Pope Francis is giving the Vatican secretariat of state three months to transfer all of its financial holdings to another Vatican office following its bungled management of hundreds of millions of euros in donations and investments that are now the subject of a corruption investigation.

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T-Mobile picks up pace of its cost-cutting program

T-Mobile picks up pace of its cost-cutting program



T-Mobile US Inc. TMUS 1.07% continued to add customers in the third quarter and told investors the cost-cutting plan it launched in the wake of its Sprint Corp. takeover is running ahead of schedule.

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Peloton sales growth booms amid new COVID case spike, lockdowns

Peloton sales growth booms amid new COVID case spike, lockdowns



Peloton's sales surged 232% year-over-year to $757.9 million, as the fitness company continues to see high global demand for its bikes and treadmills from consumers looking to stay in shape during the coronavirus pandemic. 

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Uber posts third-quarter loss as pandemic continues to hurt rides

Uber posts third-quarter loss as pandemic continues to hurt rides



Gross bookings for Uber’s rides declined 53% year-over-year in the three months that ended Sept. 30, the San Francisco-based company said after markets closed Thursday. That was better than the previous quarter, when rides were down 75%.

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