Over a quarter of 2021's music festivals have been scrapped but organisers say others are under threat.
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Friday, April 30, 2021
India Covid: Why Indian bosses overseas are sending aid
Why overseas Indian bosses are sending oxygen and medical supplies to Covid-stricken India.
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'Urban flight' raises house prices in villages
Property values in less densely-populated areas have risen faster than elsewhere, the Resolution Foundation says.
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Banks fail in bid to share cost of refunding scam victims
Negotiations between banks to create a permanent, central pot of money to refund scam victims have collapsed.
from BBC News - Business https://ift.tt/3e63L...
Covid: Teletext Holidays faces court over unpaid refunds
The competition watchdog says the firm has not paid £7m in refunds for holidays cancelled during the pandemic.
from BBC News - Business https://ift.tt/2PC40...
Eurozone suffers double-dip recession as pandemic impact continues
Activity in the bloc has been hit by a renewed surge in infections this year and Covid-related restrictions.
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Covid: UK clubbers set to return to Liverpool for trial night
A club in Liverpool opens its dance floor for a trial event with no social distancing or masks.
from BBC News - Business https://ift.tt/3nAOU...
Apple charged over 'anti-competitive' app polices
The tech giant faces a huge fine and may be forced to make changes to the App Store.
from BBC News - Business https://ift.tt/3gPLR...
Co-op to scrap plastic 'bags for life'
The supermarket follows Morrisons in announcing it will ditch reusable plastic shopping bags.
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EasyJet says 'clock is ticking' to open up air travel
The airline's boss says research indicates allowing mass travel to much of Europe poses little risk.
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UK housing market 'on the boil' as prices rise
UK house prices rose by 7.1% compared with a year ago, the Nationwide says, amid high demand from buyers.
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Twisted Sister awarded $1.2m over copyright claim
Australian billionaire Clive Palmer used a version of We're Not Gonna Take It when he ran for parliament.
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Barclays boss predicts biggest economic boom since 1948
Jes Staley gives his upbeat assessment on the day Barclays reveals profits have more than doubled.
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Thursday, April 29, 2021
Giants Tencent, Bytedance among companies reined in by China
Beijing for years took a hands off approach towards tech firms, but it is now stepping up scrutiny.
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Restaurants struggle to find staff ahead of reopening
Some venues may have to limit their opening hours after more than one in ten hospitality workers left the sector.
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One in seven shops lie empty after lockdown
Research suggests the number of shop vacancies has risen again, with the North of England worse hit.
from BBC News - Business https://ift.tt/3e6lK...
Why virtual away days may be here to stay
Firms have been holding away days online to boost morale and team sprit during the pandemic.
from BBC News - Business https://ift.tt/3sZjD...
Amazon hopes pandemic habits stick after profits triple
The tech giant may be entering a "golden age" as the pandemic boosts its range of businesses.
from BBC News - Business https://ift.tt/2QLrB...
UK and Norway fail to reach fishing deal
Hundreds of crew members will be out of work after losing access to a £32m market, ministers are warned.
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McDonald's sales are back above pre-Covid levels
The fast food giant saw sales and profits recover strongly in the first three months of the year.
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Ryanair told to compensate passengers over strike cancellations
The airline had said strike actions were "extraordinary circumstances", so it did not have to pay compensation.
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US economy accelerates as recovery continues
The economy grew strongly in the first quarter of 2021 helped by heavy government spending on Covid aid.
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Grenfell: Bid to shield residents from cladding costs fails
Campaigners say "a generation of homeowners" face financial ruin after government wins Commons vote.
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BT confirms talks over the future of its sports business
The telecoms giant is in "early discussions" with a number of potential partners.
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Coronavirus: NatWest says loan defaults lower than expected
Fewer customers than expected are defaulting due to the pandemic, say NatWest Group and Standard Chartered.
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Heathrow Airport's losses deepen as Covid impact continues
The UK's biggest airport says it has now lost £2.4bn since the start of the pandemic.
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Wednesday, April 28, 2021
Samsung: Handsets push profits to pre-pandemic highs
Samsung Electronics strong profits were dented by disappointing results for its chips business.
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Housing: 'Trying to buy in this market is painful'
UK property transactions in March 2021 were at their highest level since records began in 2005, according to the HMRC.
from BBC News - Business https://ift.tt/3e5CD...
eBay launches new trainer authentication scheme
A new authentication scheme is launching in the UK to help spot counterfeit trainers.
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CEO Secrets: Why crying can help you succeed in business
Tina Chen explains how it can be tough starting a business on your own in a new country.
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Apple profits double as it squares up to Facebook
Tech rivals both enjoy bumper profits but Apple's latest move could dent Facebook's future sales.
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Liverpool hosts 'pioneering' mask-free business conference
Liverpool hosts the UK's first "normal" business conference, with no obligatory social distancing.
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Oxford Mini production to halt due to chip shortage
Production at the company's Oxford plant will be suspended for three working days.
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Asda: George brand to sell second-hand clothing in shops
The supermarket says the move will stop thousands of tonnes of clothes going to landfill every year.
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Nestle to cut almost 600 jobs and shut Newcastle factory
The global food company wants to shut its Newcastle site and focus production in York and Halifax.
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Reckitt: More sex, fewer colds drive sales at Durex-maker
Consumer goods giant Reckitt saw a rise in sales of its condoms in countries where lockdowns eased.
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Toyoda Gosei: Hundreds of jobs at risk at car parts plant
Toyoda Gosei has plants at Swansea and Rotherham but a fall in demand is forcing it to leave the UK.
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Sainsbury's: Cost of Covid has been high
While full-year sales jumped 8% the supermarket giant made a loss due to pandemic costs.
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Samsung heirs to pay record inheritance tax
The Lee family will pay more than $10bn, one of the largest ever inheritance tax bills.
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Tuesday, April 27, 2021
Australia warns Google and Apple over app stores
Australia's regulator wants the two tech giants to open up their app stores to more competition.
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Demand high as cruises gear up for a restart
Cruises around England can resume in May, and operator Fred Olsen says it's already sold two thirds of its capacity.
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Electric cars: What will happen to all the dead batteries?
In the next 10 years millions of old electric car batteries will need to be recycled or discarded.
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Business leaders set out plan for post-Covid recovery
A new relationship between business and government could boost economic growth, says Covid Recovery Commission.
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'This bank has changed people's lives'
Eight locations across the UK are testing ideas aimed at ensuring future access to cash for those who need it.
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Google owner sees record profits as lockdown boom continues
Alphabet sees earnings soar as people stuck at home in the pandemic used more of its services.
from BBC News - Business https://ift.tt/3dV1j...
Lotus to launch last pure petrol sports car
The Emira will be the carmaker's last conventionally powered model, as it prepares for an all-electric future.
from BBC News - Business https://ift.tt/3vriq...
CC Clarke: The mum-shaming on social media is mind-blowing
Beauty influencer CC Clarke on dealing with "mum-shaming" from trolls on her social media accounts.
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BA hopes wealthy tourists can plug corporate hole
Airline boss Sean Doyle says the leisure sector will be a buffer against weak business travel.
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Post Office scandal: Government rejects call to extend inquiry
Labour calls to widen remit of inquiry rebuffed by in interests of swift conclusion.
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Crocs sales soar in fashion comeback
The divisive footwear company's sales reached a record $460m in the first quarter of 2021, up 64%.
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Heathrow loses battle to increase airport charges
Regulator says a request to recover £2.6bn lost through Covid is 'not in the interest of consumers'.
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City of London to convert offices into homes in post-Covid revamp
The City of London Corporation set out plans on Tuesday to create 1,500 new residential units by 2030.
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Whitbread: Premier Inn owner braces for strong 'staycation' demand
Whitbread, which also owns Beefeater, expects a summer bounce as Covid restrictions ease on 17 May.
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Vegan butchers: Could one be opening on your high street?
Is the arrival of vegan butchers on high streets the logical next step in the fake meat trend?
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Monday, April 26, 2021
HSBC rebounds with 79% surge in quarterly profit
It's a major turnaround for the lender, which saw profits fall last year due to Covid-19.
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Tesla: Bitcoin sales, environmental credits boost profits
But the carmaker's profits were dented by a $299m payment to Tesla boss Elon Musk.
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Book sales surge in 2020 as UK 'rediscovers love of reading'
Sales of fiction, non-fiction and audio books all jumped last year, the industry body says.
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The salmon you buy in the future may be farmed on land
A giant fish farm in Florida is rearing salmon for the US market in a huge indoor facility.
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Summer holiday demand shifts to autumn amid travel uncertainty
Thomas Cook and Kuoni see autumn bookings surge as travellers defer summer breaks amid travel uncertainty.
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Mozambique gas project: Total halts work after Palma attacks
Total's $20bn (£14.6bn) gas liquification plant is the largest foreign investment in Africa.
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Ex-Serco bosses cleared after fraud case collapses
The Serious Fraud Office drops a prosecution over an alleged scandal involving tagging criminals.
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Facebook and Google 'failed to remove scam adverts'
A Which? investigation indicates fraudulent content was left online even after it had been reported.
from BBC News - Business https://ift.tt/3gBeo...
Standard Life Aberdeen ditches vowels in rebrand
The firm says the change will make its brand more "dynamic", but some social media users do not agree.
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UK economy 'set to grow at fastest rate on record'
Experts forecast faster growth because of the vaccine rollout and easing of lockdown restrictions.
from BBC News - Business https://ift.tt/2R21n...
Facebook v Apple: The ad tracking row heats up
Why is there is a dispute between the two tech giants and does it matter to you?
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Sunday, April 25, 2021
Singapore and Hong Kong to open travel bubble
This will be the second major air route in the region to open after Australia and New Zealand.
from BBC News - Business https://ift.tt/3njNd...
Catalytic converters: Demand for precious metals drives surge in thefts
There has been a surge in offences as thieves cash in on the precious metals they contain.
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Older workers 'see biggest jobs fall since 1980s'
There were 109,000 more jobless older workers between December and February than a year ago, a report says.
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Cladding victims ‘let down by the system’
Bassel lost his flat in the war in Syria and is now at risk of losing everything again, as a victim of flammable cladding.
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Working abroad: 'The pandemic just made it harder'
With global travel restrictions, Covid has had a huge impact on the lives of those working abroad.
from BBC News - Business https://ift.tt/3aCKh...
Post office scandal: Ex-boss quits director role after convictions quashed
Paula Vennells to leave her role at Dunelm days after 39 postmasters saw their convictions quashed.
from BBC News - Business https://ift.tt/3u47f...
Amazon must let workers join unions 'without fear'
The union Unite issues an appeal to the online shopping giant over its UK and Ireland operations.
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Treasury snubbing 'mortgage prisoners', say MPs
Some 250,000 homeowners are trapped because the Treasury sold their mortgages to unregulated firms.
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Alber Elbaz: Fashion designer dies in Paris aged 59
He worked at some of France's best-known fashion houses and had recently launched his own label.
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Sainsbury's ex-boss buys into grocery app market
Justin King has made a "substantial" investment in the owner of the Snappy Shopper app, the firm says.
from BBC News - Business https://ift.tt/3epTU...
Social media boycott: Premier League clubs join four-day move to tackle abuse
Premier League, EFL and WSL clubs join in a four-day boycott of social media platforms in an effort to combat abuse and discrimination.
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FirstGroup sells US bus divisions for £3.3bn
The move comes more than a year after the transport giant first announced plans to quit North America.
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Saturday, April 24, 2021
Can Western brands recover from consumer backlash in China?
Some foreign companies are facing a boycott in China - they are not the first and won't be the last.
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Cisco says computer chip shortage to last six months
The semiconductor shortage is affecting firms from carmakers to smartphone manufacturers.
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Ghana basks in Twitter’s surprise choice as Africa HQ
Start-ups in the West African nation celebrate as others ponder why their countries were snubbed.
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Vebitcoin: Turkey arrests four people after cryptocurrency collapses
Four people have been arrested hours after Vebitcoin abruptly announced it was ceasing operations.
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European Super League: Clubs 'cannot leave', says Real Madrid president Florentino Perez
The 12 clubs that agreed to join a new European Super League have "binding contracts" and "cannot leave", says Real Madrid president Florentino Perez.
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Friday, April 23, 2021
Brexit: UK and Australia agree 'vast majority' of trade deal
A full trade agreement in principle should be agreed between the UK and Australia by June
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Shopping in 10 minutes: The new supermarket battleground
A raft of app-based delivery systems now promise to bring you your groceries almost instantly.
from BBC News - Business https://ift.tt/3nblX...
Extinction Rebellion: Jury acquits protesters despite judge's direction
Six activists are acquitted of causing criminal damage despite a judge saying they had "no defence".
from BBC News - Business https://ift.tt/3elr4...
Post Office worker Tracy Felstead 'over the moon' to clear name
Tracy Felstead was jailed when she was just 19 after being wrongly accused of stealing over £11,000.
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Convicted Post Office workers have names cleared
Judges quash convictions of 39 former postmasters after the UK's most widespread miscarriage of justice.
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Postmaster's widow: 'I will never forgive them'
The convictions of 39 Post Office branch managers have been overturned, but for one family it is too little, too late.
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Covid costs push government borrowing to highest since WW2
The government borrowed £303bn in the year to March, reflecting the cost of measures to support the economy.
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Retail sales picked up ahead of lockdown easing
The impending relaxation of restrictions prompted an increase in clothing sales during March.
from BBC News - Business https://ift.tt/3xdTm...
Thursday, April 22, 2021
US President Joe Biden to 'propose hiking tax on rich'
The plan would increase US capital gains taxes and the top marginal income tax rate.
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Coronavirus: Tokyo Motor Show cancelled for first time in 67 years
The cancellation comes just three months before the Tokyo Olympics is due to go ahead.
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Tesla's Autopilot 'tricked' to operate without driver
A Model Y made multiple trips on a test track without a human in the driver's seat, engineers found.
from BBC News - Business https://ift.tt/32Imi...
Covid firm 'sorry' for negative test results error
001Doctor sent certificates showing a negative Covid result to people who did not take a test.
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Post Office scandal: Postmasters await Appeal Court ruling
A group of 42 people hope their convictions for stealing money from the Post Office will be quashed.
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Charities sound alarm over buy-now-pay-later debt
The Citizens Advice network says people often regret using the increasingly popular payments method.
from BBC News - Business https://ift.tt/3xkln...
Coffee waste: Companies offer up new solutions
A new crop of coffee companies have solutions to cut waste in their industry.
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Covid: Final India flight before 'red list' travel ban arrives in UK
It comes as a further 55 cases of the so-called India coronavirus variant are reported in the UK.
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Stranded sailor allowed to leave abandoned ship after four years
Mohammed Aisha had been living on a ship marooned off Egypt's Red Sea coast for four years.
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Foxtons to review boss's pay after shareholder revolt
A significant number of shareholders voted against chief executive Nick Budden's pay package.
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Coronavirus: 'We want to get home, but there aren't any tickets'
Demand for flights from India to the UK has soared as travellers rush to beat Friday's quarantine deadline.
from BBC News - Business https://ift.tt/3dH2j...
Greensill: Emails reveal Cameron's lobbying of Bank of England
More details emerge about the former PM's work for now-failed failed bank Greensill Capital.
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Jaguar Land Rover to suspend output due to chip shortage
Britain's biggest carmaker to suspend output at two factories because of global semiconductor shortage.
from BBC News - Business https://ift.tt/3emiE...
Sports Direct's Mike Ashley told to reinstate Jenners signs in Edinburgh
The billionaire has three months from when an enforcement notice comes into effect to reinstate the sign.
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Greensill lender Credit Suisse suffers 'unacceptable' loss
Credit Suisse raises $2bn to shore up its finances as regulators widen a probe into the Swiss bank.
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Extinction Rebellion activists smash windows at Canary Wharf HSBC
The activists say they targeted HSBC because the bank is contributing to the climate crisis.
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Sir James Dyson: From barrows to billions
One of the most high-profile businessmen in favour of Brexit, Sir James Dyson's biggest idea started with cardboard and sticky tape.
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E.On compensates customers after Christmas blunder
The energy firm will pay more than £650,000 after taking payments on Christmas Eve instead of January.
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Wednesday, April 21, 2021
Billionaire Sir James Dyson moves residency back to the UK
Sir James faced criticism in 2019 over relocating his company's global headquarters to Singapore.
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Australia provokes China anger over scrapped deals
Beijing described the move to tear up the Belt and Road deals as "unreasonable and provocative".
from BBC News - Business https://ift.tt/2RPU1...
Tata 'sues Liberty Steel over unpaid debts'
It claims Liberty owes debts from the acquisition of Tata's speciality steels business, reports say.
from BBC News - Business https://ift.tt/3ngpn...
Employment: North and Midlands 'leading jobs recovery
Several areas now have more job vacancies than before the pandemic, a study finds.
from BBC News - Business https://ift.tt/3dEyI...
Post Office scandal: What the Horizon saga is all about
The background to the case of sub-postmasters whose convictions were based on evidence from faulty IT.
from BBC News - Business https://ift.tt/3gt98...
Is this the end of line for the landline phone?
Four million homes have dropped their fixed line phones since 2000 a trend which may see a post-pandemic boost.
from BBC News - Business https://ift.tt/3n7Gu...
Italian hospital employee accused of skipping work for 15 years
The hospital worker in southern Italy earned €538,000 while not going into work, media say.
from BBC News - Business https://ift.tt/2Qpus...
Climate change: Shipping industry calls for new global carbon tax
The global shipping industry wants governments to tax their carbon emissions as they try to tackle climate change
from BBC News - Business https://ift.tt/3v8gh...
Heathrow refuses to allow extra flights from India
The airport tells the BBC that it turned down requests from airlines to operate additional flights.
from BBC News - Business https://ift.tt/2QkDf...
Chanel loses EU court battle over Huawei logo
The EU General Court ruled that the differences between the firms' logos "are significant".
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Reopening: Gym-goers rack up millions of workouts post-lockdown
The PureGym and David Lloyd chains report huge numbers of visits after restrictions eased in England.
from BBC News - Business https://ift.tt/3tEpU...
House sales and prices see early spring surge
UK property transactions in March hit the highest monthly level since modern records began in 2005.
from BBC News - Business https://ift.tt/2P6r5...
Daily Mail owner sues Google over search results
The owner of the MailOnline site alleges the search engine has hidden links to its coverage on certain topics.
from BBC News - Business https://ift.tt/3atCU...
Rising fuel costs drive UK inflation to 0.7 in March
The cost of living rose to 0.7% in March, from 0.4% in February, as fuel, transport and clothes prices increased.
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Tuesday, April 20, 2021
TikTok sued for billions over use of children's data
The case is being brought on behalf of millions of children by England's former children's commissioner.
from BBC News - Business https://ift.tt/3v6TM...
Netflix: Shares plunge as subscribers switch off
Netflix said the pandemic disrupted its production pipeline and has forecast fewer new subscribers.
from BBC News - Business https://ift.tt/32zPT...
Is the Australia-NZ travel bubble the way ahead?
Australia and New Zealand have quarantine-free travel, but will other countries follow their lead?
from BBC News - Business https://ift.tt/3n4WN...
Labour: Save Liberty Steel before it goes bust
The government should step in to save thousands of steel supply chain jobs says Labour.
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Shanghai Auto Show: Five electric car brands to look out for in China
Robin Brant talks through five companies showcasing electric vehicles at the Shanghai Auto Show.
from BBC News - Business https://ift.tt/32DYZ...
Could electric tattoos be the next step in body art?
Researchers are experimenting with thin, flexible circuits that can be transferred to the skin.
from BBC News - Business https://ift.tt/3egxN...
European Super League: Manchester City withdraw and Chelsea prepare to follow
Manchester City withdraw from the European Super League (ESL) with Chelsea preparing to do so.
from BBC News - Business https://ift.tt/3dABY...
Apple event: AirTag, iPad and iMac lead line-up
Apple unveiled its version of a tile tracker to locate lost items, designed with privacy in mind.
from BBC News - Business https://ift.tt/32sZH...
Wedding industry 'ramping up expectations' for big day, says Bishop
The Bishop of London's call for smaller-scale weddings is criticised as "cruel" by the industry.
from BBC News - Business https://ift.tt/3dxUf...
No new smart motorways without additional safety measures
Any motorway without a hard shoulder will need to have radar technology to detect stopped vehicles.
from BBC News - Business https://ift.tt/2Q979...
Super League files injunctions to stop club and player bans
European Super League wants to stop Fifa and Uefa banning clubs or players from future competitions.
from BBC News - Business https://ift.tt/2P31Q...
Major property fund to unlock investors' money
M&G's £2bn UK commercial property fund will resume in May, having been suspended since December 2019.
from BBC News - Business https://ift.tt/32xlj...
Asda takeover 'could lead to higher petrol prices'
Prices could rise in some parts of the UK after the supermarket's takeover, the competition watchdog says.
from BBC News - Business https://ift.tt/3gjTg...
Aldi brings back Cuthbert the Caterpillar cake for charity
Aldi's controversial cake is the subject of legal action by M&S, which alleges copyright infringement.
from BBC News - Business https://ift.tt/3gq6Z...
UK jobs market 'remains subdued'
The unemployment rate fell to 4.9% in the three months to February, official figures show.
from BBC News - Business https://ift.tt/32u6I...
Primark sees sales surge as lockdown relaxed
The retailer says the number of people in its stores in England and Wales is back to pre-pandemic levels.
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Monday, April 19, 2021
Car insurance sees biggest price drop in six years
The average cost of car insurance has fallen by £87 in 12 months, according to new data.
from BBC News - Business https://ift.tt/32xRB...
How product placements may soon be added to classic films
Getting consumer goods in shot is big business for movies and TV series, and items can now be added digitally.
from BBC News - Business https://ift.tt/3spG8...
Tesco fined £7.56m for selling out-of-date food in Birmingham
Offending items were found at three stores in Birmingham between 2016 and 2017.
from BBC News - Business https://ift.tt/3swGt...
London Capital and Finance: Treasury expects £120m compensation bill
The government says an estimated 8,800 bondholders of the collapsed scheme will receive a share of the money.
from BBC News - Business https://ift.tt/3swAk...
UK government intervenes in Nvidia takeover of chip designer Arm
The government is to examine Nvidia's planned purchase of the UK firm on national security grounds.
from BBC News - Business https://ift.tt/3ehn3...
Shoppers making 'revenge purchases' flock back to High Street
Shoppers flocked back to the High Street last week to treat themselves after non-essential stores reopened.
from BBC News - Business https://ift.tt/2OZl2...
Bank of England to consider digital money plan
The Bank and the Treasury set up a taskforce to examine how a central bank digital currency would work.
from BBC News - Business https://ift.tt/32Fe1...
HSBC boss Noel Quinn scraps executive floor at London HQ
Bank chief Noel Quinn says the "new reality of life" is people will not be in the office five days a week.
from BBC News - Business https://ift.tt/3gkQE...
Sunday, April 18, 2021
Australia opens travel bubble with New Zealand
The world's first major travel bubble set up in the Covid pandemic allows quarantine-free visits.
from BBC News - Business https://ift.tt/3gl56...
Super League: Why are football's biggest clubs starting new tournament?
Europe's biggest football clubs have suffered during the Covid pandemic and seek financial stability.
from BBC News - Business https://ift.tt/3gigZ...
Job centre workers 'feel unsafe returning to work'
A union representing job centre staff says three in five feel unsafe interacting with the public.
from BBC News - Business https://ift.tt/32rmx...
Low-deposit mortgage scheme is launched
First-time buyers will get cheaper deals if they can stretch to a bigger deposit, analysts say.
from BBC News - Business https://ift.tt/3txCN...
Facebook: Our staff can carry on working from home after Covid
The US technology giant tells the BBC that remote working after the pandemic is "the future".
from BBC News - Business https://ift.tt/32usU...
Priti Patel: Facebook encryption plan ‘must not not hamper child protection’
The Home Secretary will deliver a speech critical of Facebook's privacy plan for its apps.
from BBC News - Business https://ift.tt/3swK5...
Leon: Billionaire Issa brothers buy fast food chain
The Issa brothers have bought the British fast food chain Leon, which has more than 70 sites.
from BBC News - Business https://ift.tt/2QcZi...
Charles Geschke: Adobe co-founder who helped develop the PDF dies
Charles Geschke set up Adobe in 1982, giving the world the ubiquitous PDF technology.
from BBC News - Business https://ift.tt/3v0Fe...
Reopening: Prime minister 'must stick to hospitality roadmap'
Leaders of the UK's biggest hospitality firms sign an open letter to Prime Minister Boris Johnson.
from BBC News - Business https://ift.tt/3uVRd...
How cancer put me off joining Amazon union
Carla Jonson's story helps explain how Amazon won last week's union vote in Alabama.
from BBC News - Business https://ift.tt/2QzOY...
Regulator warns against use of Peloton treadmill
The US Consumer Product Safety Commission says it is aware of 39 incidents involving the machine.
from BBC News - Business https://ift.tt/2Qbyi...
Friday, April 16, 2021
Reopening verdict: 'It was 'buzzing, chaotic and crazy'
Business owners tell how their first week of trading has gone after lockdown rules eased in England and Wales.
from BBC News - Business https://ift.tt/2QAaI...
Archegos collapse costs Morgan Stanley $911m
US investment bank Morgan Stanley's lending to the collapsed hedge fund cost it nearly $1bn.
from BBC News - Business https://ift.tt/3smDt...
Ocado in self-driving vans push with £10m stake in Oxbotica
The online grocery retailer has teamed up with Oxford self-driving firm Oxbotica.
from BBC News - Business https://ift.tt/2Q8a3...
Hammerson: Shopping centre giant slashes rents in revival bid
Hammerson, whose centres include the Bullring and Brent Cross, is "resetting rents to more affordable levels".
from BBC News - Business https://ift.tt/3aftD...
Colin the Caterpillar cake row: Judge Rinder gives his verdict
Marks & Spencer has begun legal action against Aldi, arguing the retailer's Cuthbert the Caterpillar cake infringes its Colin the Caterpillar trademark.
from BBC News - Business https://ift.tt/3gfZa...
Gnome shortage: Lockdown and Suez canal blockage blamed
A garden centre "boom" coupled with supply chain delays are making the ornaments hard to come by.
from BBC News - Business https://ift.tt/3uS66...
Thursday, April 15, 2021
Brexit: Euro MPs' vote bolsters EU-UK trade deal
The key Brexit trade deal now stands a better chance of being ratified in Brussels.
from BBC News - Business https://ift.tt/3tsCg...
China's economy grows 18.3% in post-Covid comeback
The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown
from BBC News - Business https://ift.tt/3ecMV...
Citigroup to exit consumer banking in 13 markets
The US banking group will shut down its retail operations in countries including China and India.
from BBC News - Business https://ift.tt/3wX82...
TUI says summer holiday season can be saved
The boss of Europe's biggest holiday company thinks successful vaccine programmes can prevent another washout.
from BBC News - Business https://ift.tt/3wYda...
'We realised that by joining together we could make a difference'
The cooperative firms who say their business model made them more resilient to the pandemic.
from BBC News - Business https://ift.tt/3to0p...
Amazon's Bezos: Union defeat does not bring 'comfort'
Jeff Bezos said in his shareholder letter that Amazon must 'do a better job for our employees'.
from BBC News - Business https://ift.tt/3sgTA...
Benefit Cosmetics backtracks over NHS staff refusal
The brand saw a social media backlash after a nurse claimed staff were being turned away for beauty treatments.
from BBC News - Business https://ift.tt/32ode...
Sanjeev Gupta's firm says it did nothing wrong over Covid loans
The company behind the UK's Liberty Steel says it did nothing wrong when seeking government funds.
from BBC News - Business https://ift.tt/2Qudx...
M&S begins legal action against Aldi over Colin the Caterpillar cake
A High Court claim by the retailer argues its rival's Cuthbert the Caterpillar infringes its trademark.
from BBC News - Business https://ift.tt/2Q8SH...
Deliveroo sees orders and sales more than double in first quarter
The food delivery firm says it cannot tell how much the recent growth is due to the impact of lockdown.
from BBC News - Business https://ift.tt/3e5le...
Wednesday, April 14, 2021
US poised to sanction Russia for cyber-attacks
The Biden administration may place sanctions on more than 30 Russian entities as soon as Thursday.
from BBC News - Business https://ift.tt/3gaw3...
The woman building HSBC's 3,000 roaming banker army
The bank has already recruited hundreds for an ambitious venture in China as it pivots towards Asia.
from BBC News - Business https://ift.tt/3djoe...
Matchbox cars get green makeover in eco drive
The toymaker is launching new toy cars based on electric models and making some from recycled materials.
from BBC News - Business https://ift.tt/3gfsW...
'I've no idea when I'll be told what shifts I have'
Two-fifths of UK workers in full or part-time employment are given short notice of their work patterns.
from BBC News - Business https://ift.tt/3e5ab...
Charity shops tell donators: 'Think before giving'
Charity retailers ask givers to book before just turning up with donations as people flock back.
from BBC News - Business https://ift.tt/3diNv...
Is Alibaba's fate a warning to China’s tech giants?
Alibaba’s run-in with Chinese regulators has made things tense for its other technology giants.
from BBC News - Business https://ift.tt/2QnwO...
CEO Secrets: 'Taking risks is how we found our edge'
Public relations firm boss George James thought clients would be put off by his youth but turned his weakness into a strength.
from BBC News - Business https://ift.tt/32aLx...
Asda to axe 1,200 bakery jobs as shoppers shun loaves
The supermarket giant says customers have swapped traditional loaves for speciality breads and wraps.
from BBC News - Business https://ift.tt/3mKnE...
Crypto firm Coinbase valued at more than oil giant BP
Coinbase, which runs a leading trading platform for Bitcoin, hits nearly $100bn in stock market listing.
from BBC News - Business https://ift.tt/3a7Rv...
Sainsbury's recalls Medjool dates over Hepatitis A fears
The supermarket is recalling its 'Taste the Difference' Medjool dates amid fears they are contaminated.
from BBC News - Business https://ift.tt/2OO1R...
Bernie Madoff: Disgraced financier dies in prison
Bernie Madoff admitted he had conned investors out of billions of dollars in a Ponzi scheme.
from BBC News - Business https://ift.tt/3sfvT...
Hundreds of British Gas staff set to reject new contracts
Hundreds of British Gas staff are set to reject new contracts that they say offer inferior terms.
from BBC News - Business https://ift.tt/3mJhn...
Heathrow says airport queues are becoming 'untenable'
The airport says some travellers are facing waits of up to six hours.
from BBC News - Business https://ift.tt/3wRLZ...
Foxtons faces investor backlash over boss's bonus
The estate agency is rewarding Nic Budden despite taking £7m in Covid support from the state.
from BBC News - Business https://ift.tt/2QlW9...
Tesco counts cost of Covid trading as profits drop
The UK's largest supermarket saw full-year sales soar but the pandemic hit its bottom line.
from BBC News - Business https://ift.tt/3deSG...
James Dyson says Brexit has given him 'freedom'
Sir James Dyson defends moving his firm's headquarters to Singapore and says Dyson is a British firm.
from BBC News - Business https://ift.tt/3e2Ep...
Easyjet marks losses but ready for summer 'ramp up'
The airline said it expects a pre-tax loss between £690-730m in the six months to 31 March.
from BBC News - Business https://ift.tt/3mJ1s...
Tuesday, April 13, 2021
Toshiba president steps down amid $20bn buyout bid
Nobuaki Kurumatani is leaving after the firm received an offer from his former employer, CVC.
from BBC News - Business https://ift.tt/3dXwl...
NZ to launch world-first climate change rules
New Zealand is bringing in a law to force its financial firms to report on climate-related risks.
from BBC News - Business https://ift.tt/3e4in...
Black youth unemployment 'hits 35% in pandemic'
Young black people three times more likely to be out of work than white peers, new research shows.
from BBC News - Business https://ift.tt/3mIDv...
Newquay is hottest sellers' market, says Rightmove
Online property portal names Cornish surfing town as place where properties sell fastest.
from BBC News - Business https://ift.tt/3a8MS...
The student loan bubble 'is going to burst'
Cancelling student debt was once a fringe idea in the US, but it's become increasingly mainstream.
from BBC News - Business https://ift.tt/32eez...
'I put those goggles on and just fell in love'
Drones capable of 90mph are being raced in a league which supporters say is close to the big time.
from BBC News - Business https://ift.tt/3wSII...
Grab set for $40bn valuation in US share listing
The Singapore-based firm started as a ride-hailing company and has since expanded.
from BBC News - Business https://ift.tt/3sgnb...
Liberty Steel: Kwarteng defends rejecting request for £170m bailout
The business secretary says the government had to ensure that any money provided would stay in the UK.
from BBC News - Business https://ift.tt/3uPOI...
Denmark charges six from UK and US with cum-ex fraud
They are accused of defrauding the Danish treasury in a trading scam through a German bank.
from BBC News - Business https://ift.tt/2PS7o...
Brexit prompts JD Sports to open Dublin warehouse
The firm's imports to GB now incur tariffs when they are distributed onward to its stores across Europe.
from BBC News - Business https://ift.tt/2Rx85...
Greensill: Labour to press ministers over Cameron lobbying
The former prime minister has been criticised for lobbying on behalf of Greensill Capital.
from BBC News - Business https://ift.tt/2ONHI...
Defence giant Babcock International to cut 1,000 jobs
The government contractor also expects a "significant" £1.7bn write-off as part of a company review.
from BBC News - Business https://ift.tt/3wQp5...
Goldmans backs office life with Birmingham tech hub
The investment bank is creating a new Midlands outpost which will eventually employ up to 500 staff.
from BBC News - Business https://ift.tt/3g71s...
UK economy grew slightly in February
The economy "showed some improvement" as it grew 0.4% in February, according to official figures.
from BBC News - Business https://ift.tt/3a6x3...
Lockdown lifting in Liverpool: 'Light at the end of the tunnel'
Excitement, relief and cocktails flowed as bars and non-essential shops reopened in Liverpool.
from BBC News - Business https://ift.tt/3a65l...
Monday, April 12, 2021
Covid accelerates India's millionaire exodus
As Covid cases surge, India's wealthy lead global enquiries for citizenship and residency abroad.
from BBC News - Business https://ift.tt/3dbCX...
China forces Jack Ma's Ant Group to restructure
The overhaul will force the Alibaba-backed group to become a financial holding firm.
from BBC News - Business https://ift.tt/3uPYb...
The 'Iron Man' body armour many of us may soon be wearing
The market for exoskeletons - high-tech external body support systems - is tipped to grow strongly.
from BBC News - Business https://ift.tt/3t8Uk...
Microsoft makes $20bn bet on speech AI firm Nuance
The US tech giant is buying artificial intelligence firm Nuance, best known for developing Apple's Siri.
from BBC News - Business https://ift.tt/3mFlX...
Pubs: Crisis-hit industry welcomes reopenings
Pubs in England are pleased to be serving customers again, but many still face a fight for survival.
from BBC News - Business https://ift.tt/3tdKY...
Cyber-firm Darktrace eyes '£3bn' London share listing
Boss Poppy Gustafsson says London is a "logical choice" despite Deliveroo's flop flotation.
from BBC News - Business https://ift.tt/3dZqF...
France moves to ban short-haul domestic flights
MPs vote to stop flights where the journey could be made by train in under 2.5 hours.
from BBC News - Business https://ift.tt/3daED...
Shoppers rush back as High Streets reopen in England and Wales
Footfall more than trebles as queues form outside branches of Primark, JD Sports and TK Maxx.
from BBC News - Business https://ift.tt/3mLVH...
Brewdog reveals plans for beer-themed hotel in Edinburgh
The Scottish firm says the Doghouse-branded boutique hotel will be in a former school in Market Street.
from BBC News - Business https://ift.tt/3dbnQ...
Sunday, April 11, 2021
Homebase to put mini-garden centres at Next stores
As non-essential retail reopens in England the DIY chain is testing new strategies to reach customers.
from BBC News - Business https://ift.tt/3mCaR...
Alibaba accepts record China fine and vows to change
China's regulators slapped a $2.8bn fine on the e-commerce giant over monopoly concerns
from BBC News - Business https://ift.tt/3wOQi...
England Covid lockdown eases: PM warns people to 'behave responsibly'
Pub gardens, gyms and hairdressers are reopening as part of England's latest step out of lockdown.
from BBC News - Business https://ift.tt/2PVJZ...
Oxford Street: Wooing shoppers back to Europe's busiest high street
Empty stores and American sweets - what consumers on Oxford Street can expect to see as shops reopen.
from BBC News - Business https://ift.tt/325JY...
Post Office could offer sub-postmasters a share in profits
Chief executive Nick Read wants the network to operate on "partnership of equals" basis from 2025.
from BBC News - Business https://ift.tt/2Rjd0...
Covid: Pubs reopening but some 'may not survive'
Landlords get ready to reopen but some say lockdown restrictions may put them at risk of closure.
from BBC News - Business https://ift.tt/3saKj...
Joe Biden: Could his tax plan affect US investment in Ireland?
US investment in Ireland could dry up if President Biden leads a major change to global tax rules.
from BBC News - Business https://ift.tt/2RsOw...
Saturday, April 10, 2021
Rescheduled Dubai Expo hopes to attract 25 million visits
The event sees countries using pavilions to show off the latest in architecture and technology.
from BBC News - Business https://ift.tt/3t90p...
Covid: Shoppers 'must respect staff' when retail reopens
People are urged to be considerate when non-essential retail rules ease in England and Wales on Monday.
from BBC News - Business https://ift.tt/3a11T...
‘I can’t wait to go shopping again, it's been ages’
Some are eager to hit the High Street when non-essential shops reopen on Monday - but others remain wary.
from BBC News - Business https://ift.tt/3s7Sj...
Lockdown eases: How we fit bras at a social distance
Bravissimo's Leanne Cahill explains how her shops will work when they reopen after lockdown.
from BBC News - Business https://ift.tt/320e0...
Alibaba: Chinese regulator slaps huge fine on tech giant
The e-commerce company Alibaba Group is fined $2.75bn for violating anti-monopoly rules.
from BBC News - Business https://ift.tt/3wGAr...
Friday, April 9, 2021
Wedding venues: 'It's costing me £250,000 a month'
Wedding industry professionals rue their loss of income as the economy slowly reopens after lockdown.
from BBC News - Business https://ift.tt/3t5Ii...
'Lockdown taught us we're more than just a gym'
On Monday, businesses will reopen after months of being closed, but can they adapt to the "new normal"?
from BBC News - Business https://ift.tt/3uAUE...
Amazon defeats historic Alabama union effort
Contest was test for the e-commerce giant, which has faced global criticism for worker treatment.
from BBC News - Business https://ift.tt/323DX...
'I'm on day eight and no Covid test has arrived'
Customers say they are being "scammed" by private firms failing to deliver Covid test kits and results.
from BBC News - Business https://ift.tt/3mz4l...
Is England's café culture set for a boost?
Councils tell the BBC more than 840 pavement licences have been granted in the biggest English cities.
from BBC News - Business https://ift.tt/2QeSp...
Home movers have a spring in their step, says the Halifax
The stamp duty holiday extension led to a "resurgence" in the housing market in March, the Halifax says.
from BBC News - Business https://ift.tt/3mxrL...
Thursday, April 8, 2021
US blacklists seven Chinese supercomputer groups
President Biden's actions continue US moves to make it harder for China to obtain its technology.
from BBC News - Business https://ift.tt/3d77A...
Coronavirus: Cost of testing 'is too much for people to travel'
The government cannot yet confirm whether international travel could resume in May.
from BBC News - Business https://ift.tt/3uBsj...
Amazon holds early lead in historic union election
Workers in Alabama were voting on whether to create the first unionised warehouse in the US.
from BBC News - Business https://ift.tt/3sYPY...
Down's syndrome: 'Having a job makes me feel safe'
Only 5.6% of adults with learning disabilities were in full-time employment last year, research shows.
from BBC News - Business https://ift.tt/39WBW...
'Satan Shoes' to be recalled as Nike agrees to settle lawsuit
The art collective that sold the customised sneakers will recall the shoes and offer full refunds.
from BBC News - Business https://ift.tt/3d1O9...
Are pay-by-the-minute booths the future of work?
A Singapore-based firm has come up with a useful alternative when working from home is inconvenient.
from BBC News - Business https://ift.tt/3wDx7...
Wiltshire pub's new chalet 'breaks Covid rules'
The bar, with pizza oven and TV, does not comply with outdoor shelter guidelines, a council says.
from BBC News - Business https://ift.tt/3fSuC...
Prince William: Banks must do more to protect environment
The Duke of Cambridge says investing in nature is a cost effective way of tackling global warming.
from BBC News - Business https://ift.tt/3dJhW...
Greensill lobbying row: Rishi Sunak texts to David Cameron released
The Treasury takes the unusual step of releasing messages from the chancellor amid a lobbying row.
from BBC News - Business https://ift.tt/3mwm8...
Why global tax talks are back on the agenda
International efforts to reform business taxation have been given new impetus by the new US administration.
from BBC News - Business https://ift.tt/2Q8hC...
Clubhouse: Is the audio app really worth $4bn?
A report suggests Twitter considered paying the sum for the rapidly growing live-audio app.
from BBC News - Business https://ift.tt/2R9DB...
Morrisons to stop selling plastic carrier bags
The supermarket chain will remove 100 million plastic carrier bags from its network over the next year.
from BBC News - Business https://ift.tt/31Wpz...
Asos sales and profits jump as customer numbers rise
The online fashion group added one and a half million customers in the past six months, with sales up 24%.
from BBC News - Business https://ift.tt/31ZwQ...
Wednesday, April 7, 2021
Study says bitcoin could derail China's climate change targets
Bitcoin emissions in China exceed the total emissions of the Czech Republic and Qatar, study says.
from BBC News - Business https://ift.tt/3s0zz...
Should firms be more worried about firmware cyber-attacks?
Microsoft says firmware cyber-attacks are on the rise, but enterprises are not paying attention.
from BBC News - Business https://ift.tt/3utlV...
Beijing now has more billionaires than any city
The city has overtaken New York as it bounced back quickly from the pandemic, according to Forbes.
from BBC News - Business https://ift.tt/3tcCO...
World Bank warns against 'high' global tax minimum
The comments by David Malpass come as G-20 leaders said they hoped to reach a global tax deal by mid-year.
from BBC News - Business https://ift.tt/3dN3n...
Women could be owed 'lottery-winning' pension sums
Up to 5,000 women pensioners could be entitled to huge refunds under a little-known-rule, the BBC has learned.
from BBC News - Business https://ift.tt/2Ox9Z...
High Street shops will 'bounce back' on reopening day
Analysts say rise in visitors to retail parks shows shoppers keen to return to physical shopping.
from BBC News - Business https://ift.tt/31SmA...
Boohoo: Price differences for same clothes 'a genuine mistake'
Boohoo says it had not realised identical clothing was being sold at different prices across its brands.
from BBC News - Business https://ift.tt/3fSMN...
Covid: Shed and garage offices pose insurance risk
Plans to convert sheds, garages and extensions in order to work from home can leave some uninsured.
from BBC News - Business https://ift.tt/3dBVs...
Five animals to spot in a post-Covid financial jungle
As the world prepares for an economic reset, several creatures have emerged to help you navigate your way.
from BBC News - Business https://ift.tt/3rQcU...
JP Morgan boss plans for 'significantly' less office space
Jamie Dimon's shareholder letter includes thoughts on home working and Brexit - Europe has "upper hand".
from BBC News - Business https://ift.tt/3sWVH...
Tax wealth to help shrink inequality caused by Covid says IMF
Inequality had widened in the year since the virus first hit the global economy, the IMF said on Wednesday.
from BBC News - Business https://ift.tt/3dGAD...
Driving lessons to resume in England and Wales on 12 April
Lessons can start on 12 April and tests will return 10 days later, the transport secretary says.
from BBC News - Business https://ift.tt/3wyWR...
Scotland needs 'Google-sized' changes on economy
A report by Sir Tom Hunter calls for radical change if economic growth is to match countries such as Denmark and Norway.
from BBC News - Business https://ift.tt/3dGMY...
Deliveroo shares up 2% on first full trading day as rider strike begins
Wednesday marks the first day of trading for 70,000 retail investors, as well as strike action for some UK riders.
from BBC News - Business https://ift.tt/3rXY9...
Leeds Bradford Airport development plan ruling delayed
The government is to take more time to examine a £150m scheme to redevelop Leeds Bradford Airport.
from BBC News - Business https://ift.tt/31SeO...
Tuesday, April 6, 2021
Even 'dungers' are too pricey in NZ property market
Covid-containing New Zealand has the most unaffordable housing market among developed nations.
from BBC News - Business https://ift.tt/3fNIB...
Toshiba confirms $20bn buyout bid from equity fund
The scandal-hit Japanese electronics giant has received an offer from CVC Capital Partners.
from BBC News - Business https://ift.tt/39OIz...
Kim Kardashian West joins billionaire club
Forbes business magazine adds the US reality TV star to its list of the super-rich.
from BBC News - Business https://ift.tt/3fRMB...
'Our flight refund battle for mum who can barely walk'
The family was sent a voucher, rather than the refund they wanted - until BBC News followed up the case.
from BBC News - Business https://ift.tt/3mqOI...
City drivers 'should think twice' before buying SUVs
The boss of the RAC Foundation says drivers in urban areas should consider which car is most appropriate.
from BBC News - Business https://ift.tt/3fN10...
Food poverty: MPs call on government to step up help
A report calls on the government to create a food security minister to protect the vulnerable.
from BBC News - Business https://ift.tt/3wvVR...
CEO Secrets: 'Older customers want the personal touch'
A ready meal delivery firm targeting older customers says the business was going nowhere until they started taking phone orders.
from BBC News - Business https://ift.tt/2Rfvy...
Amazon's Jeff Bezos backs tax rise on companies
Comments by the world's richest man come amid a fierce debate over raising the tax rate on companies.
from BBC News - Business https://ift.tt/3dyaX...
Britain's electricity system 'greenest ever' over Easter
Sunny and windy weather led to a surge in renewable sources of energy, the operator says.
from BBC News - Business https://ift.tt/3mqDt...
Virgin Money customers face digital banking fault
The bank's app and online services have been inaccessible owing to the problem, prompting an apology.
from BBC News - Business https://ift.tt/3cUlA...
Mother-daughter relationship turned upside down
Margaret and Cordelia have seen a reversal in their financial relationship due to the pandemic.
from BBC News - Business https://ift.tt/3dBg8...
IMF forecasts stronger recovery for world economy
The IMF has upgraded both its UK and global forecasts compared with what it projected in January.
from BBC News - Business https://ift.tt/3s0tP...
'Why do I feel pressure to be an entrepreneur?'
Having a side hustle isn't for everyone.
from BBC News - Business https://ift.tt/3mmbS...
Remote working: Is Big Tech going off work from home?
After much hype about working from home, some tech companies are getting cold feet.
from BBC News - Business https://ift.tt/3rMqX...
EasyJet: Two test travel rule is too expensive
The airline claims the cost of pre and post-travel testing could exceed the price of a plane ticket.
from BBC News - Business https://ift.tt/2OpM7...
Peacocks stores back in business as buyout saves 2,000 jobs
The fashion chain will be brought back to life by former senior executive saving 200 stores.
from BBC News - Business https://ift.tt/3utOl...
Credit Suisse axes bosses and bonuses amid Archegos losses
The Swiss bank's risk chief is leaving after it revealed the fallout from two major clients.
from BBC News - Business https://ift.tt/3sUvK...
Monday, April 5, 2021
Australia and New Zealand to start quarantine-free travel
Both nations have contained Covid outbreaks and maintained very low or near-zero infection rates.
from BBC News - Business https://ift.tt/3cQWC...
Janet Yellen pledges greater US international co-operation
Janet Yellen signals global co-operation is back on the agenda for world's biggest economy.
from BBC News - Business https://ift.tt/3dElR...
Unions criticise 'miserly' 50p rise in statutory sick pay
SSP increases from £95.85 to £96.35 a week in April, but unions say it is too little to live on.
from BBC News - Business https://ift.tt/3mxWK...
Ex-Topshop worker: I feel 'ghosted' by recruiters
Former Topshop and Debenhams workers say their lives have changed hugely since the shops closed down.
from BBC News - Business https://ift.tt/3cTvX...
'We went here, there and everywhere to make it happen'
Budding academic entrepreneurs say that scientific discovery is only the start of the journey.
from BBC News - Business https://ift.tt/3cPi3...
My Money: 'Lockdown has been a blessing in disguise'
Thanucha, a pharmacology student from Hertfordshire, talks us through her lockdown spending.
from BBC News - Business https://ift.tt/2PsIa...
'Disappointed' travel chiefs seek clarity from PM
Leading travel industry figures react with dismay to Boris Johnson's update on the lockdown roadmap.
from BBC News - Business https://ift.tt/3fIBX...
Amazon 'illegally retaliated' against climate activists
The firm fired two tech workers who had criticised the firm's environmental practices.
from BBC News - Business https://ift.tt/3rRi0...
England's lockdown to ease as planned on 12 April
Outdoor pub and restaurant areas, non-essential shops, gyms and hairdressers will be able to reopen.
from BBC News - Business https://ift.tt/2Ol6f...
Covid in Scotland: Hairdressers and homeware shops reopen
Non-essential click and collect services are also able to resume business as Covid restrictions ease.
from BBC News - Business https://ift.tt/3rR66...
Godzilla Vs. Kong reports monster box office sales
The film has set a new record for pandemic-era filmgoing, making more than $385m (£205m) globally.
from BBC News - Business https://ift.tt/3mneK...
Google v Oracle: Supreme Court declares Google's code copying fair
The US Supreme Court has handed Google a major win in a decade-long battle over copied code.
from BBC News - Business https://ift.tt/3wsDl...
Penguin Random House keeps furlough cash despite strong sales
Like other publishers, it has seen demand for books surge during lockdown.
from BBC News - Business https://ift.tt/39Iug...
Labour urges tighter rules on lobbyists
It comes amid questions over David Cameron's links to collapsed finance firm Greensill Capital.
from BBC News - Business https://ift.tt/3sRTZ...
Sunday, April 4, 2021
LG scraps its smartphone business as losses mount
The South Korean electronics giant said the mobile phone market had become "incredibly competitive".
from BBC News - Business https://ift.tt/2Pqhw...
Boohoo: Karen Millen skirt had Oasis label covered in pen
Joanna Sikora said a skirt she bought from Karen Millen had an Oasis label covered in marker pen.
from BBC News - Business https://ift.tt/3ulJQ...
Bernard Tapie: French tycoon and wife attacked in home
The former Adidas owner and his wife were tied up and assaulted by burglars at their estate near Paris.
from BBC News - Business https://ift.tt/3rPb1...
Saturday, April 3, 2021
Amazon apologises for wrongly denying drivers need to urinate in bottles
The online shopping giant falsely claimed its drivers were not forced at times to urinate in bottles.
from BBC News - Business https://ift.tt/2R8wX...
Covid passport trials begin with live comedy night
Ministers also confirm a risk-based "traffic light" system will start when foreign holidays resume.
from BBC News - Business https://ift.tt/39BX1...
Friday, April 2, 2021
'Having an address got me a job when i was homeless'
A new scheme is giving homeless people virtual addresses to access essential services.
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Deliveroo April Fools' joke backfires in France
Thousands of people get fake bills for hundreds of euros' worth of pizza but fail to be amused.
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US jobs creation surges in March as recovery gains steam
US employers add more than 900,000 jobs in March. as vaccinations spread and restrictions ease.
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Covid 19: Pakistan among new countries added to England's travel ban list
Travel from Pakistan, Bangladesh, Kenya or the Philippines will not be allowed from 9 April.
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Thursday, April 1, 2021
Stock markets hit new records on Biden spending plan
Asian markets have edged higher after optimistic investors pushed Wall Street to new highs overnight.
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Italian restaurant owner wrongly targeted by US sanctions
It was a case of mistaken identity for the restaurant owner in Verona who has now been taken off blacklist.
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What it's like driving across the new Irish trade border
Three months since the creation of the new Irish trade border, the BBC travelled with a lorry driver.
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Nike wins lawsuit over 'Satan Shoes' with human blood
The art collective that sold the customised Nike sneakers has shipped all but one of the 666 pairs.
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Bottling it: How breweries have survived lockdown
Over the three national lockdowns most pubs have been shut, meaning breweries have had to adapt.
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Boohoo to probe price differences for same clothing
The same coat sold by Coast is more expensive than Dorothy Perkins despite both being owned by Boohoo.
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Green energy tariffs often 'misleading'
Energy suppliers' environment-friendly tariffs are not always as green as they sound, experts say.
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'What do I cut to fund minimum wage rise?'
Businesses are concerned they might not be able to afford the compulsory pay rise this year.
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Every customer must sign in when pubs reopen
New rules to help venues reopen outdoors safely this month have sparked anger from industry groups.
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Brexit: The impact on Dutch food exports to the UK
BBC reporter Anna Holligan explains how Brexit has affected the way the Netherlands exports fresh food to the UK.
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Gupta: Liberty Steel plants won't shut on my watch'
Liberty Steel owner Sanjeev Gupta is racing to refinance after his financial backer collapsed.
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Dragons' Den: The hits, misses, and why investments fall through
Peter Jones and Sara Davies discuss the mechanics of the BBC One show ahead of its 18th series.
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Next sees online sales jump but profits plunge
The British retailer's stores were closed for 20 weeks over the last year during lockdown restrictions.
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