Inflation, the rate at which prices rise, has reached a new record high of 39.1% in the country.
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Tuesday, May 31, 2022
China commercial hub Shanghai eases lockdown
China's biggest city, a vital global trade hub, begins to relax crippling Covid restrictions.
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Sector must improve lorry driver conditions or face tax, MPs say
The haulage industry should be given two years to make changes or face a new tax, a report says.
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Cost of living: Lessons from history about how we spend
What can a treasure trove in Leeds tell us about why we hoard our money?
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Cancelled flights: Travel firms have oversold flights and holidays - Shapps
The UK's transport secretary demands to meet with airlines and airports to "find out what's gone wrong".
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Russian gas firm Gazprom to cut some supply to Shell
Shell says it will work to keep Europe supplied after Gazprom says it will cut flows to it and Orsted.
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French officials told to abandon gaming Anglicisms
Use “jeu video de competition” instead of "e-sports", language watchdog the Académie Française says.
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What are my rights if my flight is cancelled?
Airlines including Tui and EasyJet have cancelled dozens of flights over the half-term holiday.
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Holiday firm cancels flights ahead of Jubilee break
Tui has cut six flights a day as around two million passengers prepare to fly over the bank holiday.
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Monday, May 30, 2022
Shanghai lockdown: China's financial hub set to lift Covid curbs
Authorities in the commercial hub have also announced new economic support measures for businesses.
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Budget pasta prices jump 50% as food staples rise
Data reveals prices of some everyday items rose by 15% but the average increase is below inflation.
from BBC News - Business https://ift.tt/25yUP...
Cost of living crisis: Relying on food handouts and moving country
People from Italy, Brazil, Ghana, Thailand and New Zealand discuss the impact of the cost of living crisis.
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Sunday, May 29, 2022
Shanghai lockdown: Chinese financial hub set to lift curbs on firms
Authorities in the commercial hub have also announced new economic support measures for businesses.
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Drivers warned of Platinum Jubilee traffic delays
The RAC estimates 19.5 million road trips over the break with traffic likely to be worst on Friday.
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The top spies fighting terrorism three days a week
If job-sharing mums can lead GCHQ why isn't this way of working more common?
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Half-term travel: Dover passengers 'stuck for hours' at border control
P&O Ferries say delays are "out of their control" as borders are operated by French authorities.
from BBC News - Business https://ift.tt/5pN4F...
Saturday, May 28, 2022
Why can't the US stop soaring oil and gas prices?
As prices rise, oil and gas firms in the US want to capitalise - but the industry has changed.
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Norwich City 'in talks' with Millwaukee Brewers' owner
It is understood the owner of Millwaukee Brewers met officials at the club's home ground.
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Chelsea sale: Todd Boehly consortium set to complete deal on Monday
Chelsea say a "final and definitive agreement" was entered into on Friday night to sell the club to the consortium led by LA Dodgers co-owner Todd Boehly.
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Twitter fined $150m in US for selling users' data
Federal investigators say the social media company broke rules on giving personal data to advertisers.
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Japan opens up to foreign tourists after two years
Visitors from 98 countries will be allowed to enter, but some restrictions still remain.
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Friday, May 27, 2022
EasyJet to cancel more than 200 half-term flights from Gatwick
The airline says cancellations are required to provide reliable services in the busy holiday period.
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The rise of NatWest's first female boss
Banking chief Alison Rose wants to be a role model for women and an agitator.
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Missguided fashion chain on the verge of collapse
The online retailer could call in administrators as early as Monday, the BBC has been told.
from BBC News - Business https://ift.tt/TuRCf...
Cost of living crisis: Sheerness cafe owner sleeps on shop floor to save money
Steve Jackson skips meals to help pay the rent on his vintage tea shop in Sheerness High Street.
from BBC News - Business https://ift.tt/YThvl...
Rishi Sunak hints at more help with rising cost of living
The chancellor promises to "respond to the situation on the ground" as households face soaring bills.
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Thursday, May 26, 2022
McDonald's defeats Carl Icahn in vote over pigs
McDonald's shareholders rejected proposals from Carl Icahn who voiced concerns over the treatment of pigs.
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Cost of living package will have minimal impact on inflation, says Rishi Sunak
The chancellor defends measures to help with the cost of living, which he is not calling a windfall tax.
from BBC News - Business https://ift.tt/Zcy5z...
Windfall tax will drive away North Sea investors, says industry body
Oil and gas operators fear a new levy will create "long-lasting uncertainty over future investment".
from BBC News - Business https://ift.tt/H7m32...
P&O Ferries boss 'incredibly sorry' for impact of sackings
The company sacked almost 800 seafarers in March to replace them with cheaper agency workers.
from BBC News - Business https://ift.tt/a7Afl...
Cost of living: What Rishi Sunak's help means for you
The chancellor says the new support will help with soaring bills, so how will you be impacted?
from BBC News - Business https://ift.tt/W3wt8...
UK households to get energy bill discounts of £400 this autumn
The poorest will also get a lump-sum of £650 to help with the cost of living, Rishi Sunak says.
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Billionaire’s stake in BT faces security probe
The UK government is using new powers to investigate Patrick Drahi's 18% holding in the telecoms giant.
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Wednesday, May 25, 2022
Volkswagen to pay out £193m in UK 'dieselgate' settlement
More than 90,000 people will get payouts over the installation of emissions cheating devices.
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Pfizer will not sell drugs for profit in poor nations
US pharmaceutical firm Pfizer said it would sell its patented drugs at cost to 45 low-income countries.
from BBC News - Business https://ift.tt/WfXUC...
Energy firm SSE announces £1.5bn operating profit
The Perth-based firm will invest more than £15bn in Scotland's energy infrastructure this decade.
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Rail strike threat over pay not unreasonable, says union
A rail workers' union urges operators to negotiate on pay after its members voted to hold a strike.
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UK labour shortage: 'It used to be easy to get fruit pickers'
Brexit and the pandemic are blamed for a lack of seasonal workers in the food and farming sector.
from BBC News - Business https://ift.tt/eZ9q3...
Tuesday, May 24, 2022
US closes loophole for Russian debt payments
The move by the US Treasury Department could push Russia closer to default.
from BBC News - Business https://ift.tt/Rd3hy...
Mining giant pleads guilty to UK bribery charges
Glencore pleads guilty to seven counts of bribery in London and resolves similar US claims for $1bn.
from BBC News - Business https://ift.tt/xvHnS...
Cost of living: Government plan to help households could come in days
The BBC understands an announcement could be made as soon as Thursday after growing pressure on Downing Street.
from BBC News - Business https://ift.tt/npmFY...
Putin weaponising Ukraine’s crops, says Polish PM
Mateusz Morawiecki also warned that only the Russian leader would be “happy” with a UK-EU trade war.
from BBC News - Business https://ift.tt/4cEZU...
Energy price cap set to rise to £2,800 in October
Industry regulator Ofgem warns households that they should expect higher energy bills this winter.
from BBC News - Business https://ift.tt/neBOj...
Energy firms warn against extending windfall tax to renewables
Applying a windfall tax to renewable energy could threaten the government's energy strategy, sources say.
from BBC News - Business https://ift.tt/rewDT...
Monday, May 23, 2022
Fraud victims face call waiting lottery from banks
Average waiting times can range from 16 seconds to over 30 minutes - depending on the bank, says Which?.
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Ukraine calls for safe passage for grain exports
The country's inability to export its grain has led to food prices rising around the world.
from BBC News - Business https://ift.tt/tS6NM...
Millionaires at Davos say 'tax us more'
At the annual meeting of the business and political elites, wealthy attendees call for fairer tax.
from BBC News - Business https://ift.tt/hxwXY...
Cost of living: We cannot rule out a windfall tax, says minister
Simon Clarke will not confirm a levy on energy firms to tackle rising costs, but promises pragmatism.
from BBC News - Business https://ift.tt/KPWXg...
Sunday, May 22, 2022
Palm oil firms depriving tribes of millions of dollars
Companies supplying major manufacturers fail to meet promises to share land, joint BBC investigation finds.
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Cost of living: Two-child families paying £400 a month more
The rising cost of energy, transport and childcare is forcing families to make tough choices.
from BBC News - Business https://ift.tt/KfdzC...
Pay gap from bosses to staff to widen - think tank
The High Pay Centre says pay gaps were the greatest in the retail sector in the early months of 2022.
from BBC News - Business https://ift.tt/WfTdh...
Google strikes Cloud deal and invests in CME
Google strikes Cloud deal and invests in CME
Alphabet Inc.’s GOOG +0.72% Google has invested $1 billion in futures-exchange giant CME CME +0.99% Group Inc. and struck a deal to move the company’s core trading systems to the cloud...
E.On UK boss warns 40% of customers face fuel poverty
Chief executive Michael Lewis has called for government intervention to help struggling households.
from BBC News - Business https://ift.tt/TPcDb...
Saturday, May 21, 2022
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA's Crew-2 astronauts will be unable to use the toilet on SpaceX's Dragon spacecraft when they return home from the International Space Station in November...
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin...
Governments should subsidise food and energy - IMF boss
Kristalina Georgieva says government subsidies can help with the cost of living crisis.
from BBC News - Business https://ift.tt/2keb1...
COVID vaccine mandate lawsuits: 24 states challenge Biden administration's mandate for private businesses
COVID vaccine mandate lawsuits: 24 states challenge Biden administration's mandate for private businesses
At least 24 states have already taken action against President Biden's new COVID-19 vaccine mandate for private businesses with more than 100 employees...
Democrats' spending bill could give four weeks of paid leave to people without jobs
Democrats' spending bill could give four weeks of paid leave to people without jobs
The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday...
Friday, May 20, 2022
Will there be a national rail strike?
A strike ballot of 40,000 members of the RMT union closes on Tuesday.
from BBC News - Business https://ift.tt/4eXhl...
CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes
CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes
If a handful of House moderates stick to their demand that the chamber wait until a CBO score comes out to pass the bipartisan infrastructure bill, there won't be a vote until the week of Thanksgiving...
Menopause and miscarriage funds for working women praised
Applications for grant funding are now open to charities who help support women in the workplace.
from BBC News - Business https://ift.tt/1QtXd...
Cost of living: What are Rishi Sunak's options to ease the burden on households?
There are ways the chancellor could tackle the strain on people's pockets - but what do they cost?
from BBC News - Business https://ift.tt/yl89B...
Hinkley Point C delayed by a year as cost goes up by £3bn
The revised operating date for the Somerset site is June 2027 and is expected to cost up to £26bn.
from BBC News - Business https://ift.tt/8lTaf...
Sunday Times Rich List: Rishi Sunak and Akshata Murty among UK's wealthiest
Chancellor Rishi Sunak and his wife make the Sunday Times Rich List for first time with £730m fortune.
from BBC News - Business https://ift.tt/bWpNv...
Thursday, May 19, 2022
Canada to ban China's Huawei and ZTE from its 5G networks
The UK, US, Australia and New Zealand have also barred the Chinese telecoms equipment makers.
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Australia election 2022: Cost of living worries voters
If interest rates keep rising 300,000 Australians may default on mortgage repayments.
from BBC News - Business https://ift.tt/P2MT4...
Twitter steps up Ukraine misinformation fight
The social media platform says it will put false claims from official accounts behind warning notices.
from BBC News - Business https://ift.tt/4kNme...
Iceland to launch over-60s discount as cost of living soars
The supermarket chain says it wants to support older customers through the cost of living crisis.
from BBC News - Business https://ift.tt/YB8pM...
McDonald's announces buyer for Russian business
The burger giant, which is leaving Russia after more than 30 years, has sold its restaurants to a franchisee.
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Pressure builds on Rishi Sunak to act now on living costs
The CBI and the TUC urge the government to help the "hardest hit" as inflation soars.
from BBC News - Business https://ift.tt/sigu8...
Wednesday, May 18, 2022
Martin Shkreli 'Pharma bro' released early from prison
Mr Shkreli was convicted in 2017 of defrauding investors.
from BBC News - Business https://ift.tt/g5apS...
Government windfall tax U-turn inevitable, says Keir Starmer
Boris Johnson does not rule out a tax on the energy giants, as he is accused of dithering by Labour.
from BBC News - Business https://ift.tt/aW4ZE...
McDonald's and Wendy's sued for burger ads that mislead on size
A lawsuit accuses the firms of advertising burgers that look bigger than they actually are.
from BBC News - Business https://ift.tt/9PjfO...
Rishi Sunak warns of tough few months as inflation soars
The chancellor says it won't be easy to tackle cost of living crisis as inflation hits 40-year high.
from BBC News - Business https://ift.tt/s1JQr...
UK inflation: 'There's not much more I can do to save money'
We asked people across the country how they are coping with the rising cost of living.
from BBC News - Business https://ift.tt/UK0EY...
What is the UK's inflation rate and why is the cost of living going up?
UK inflation is rising at 9%, its fastest rate for 40 years, and could go even higher.
from BBC News - Business https://ift.tt/2CgEQ...
Tuesday, May 17, 2022
Petrol retailers told to pass on fuel duty cut
The government wants to ensure companies pass on tax cuts to motorists as diesel prices hit new highs.
from BBC News - Business https://ift.tt/DX0Bs...
White House snubbed by OPEC, exploring options
White House snubbed by OPEC, exploring options
The White House is exploring its options after OPEC+, a group of the world’s largest energy producers, moved ahead with planned production increases, ignoring President Biden’s plea to pump out more oil...
Global firms are boosting baby formula supplies in the US
Nestle is flying in additional shipments from Europe as the US faces a shortage.
from BBC News - Business https://ift.tt/By35x...
Democrats' spending bill could give four weeks of paid leave to people without jobs
Democrats' spending bill could give four weeks of paid leave to people without jobs
The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday...
Warning over shrinking school meals as prices rise
School caterers will have to shrink portions or use cheaper ingredients, a major food wholesaler warns.
from BBC News - Business https://ift.tt/G4YUW...
Elon Musk warns Twitter deal stuck without fake account proof
The deal to buy Twitter can't "move forward" without proof of spam account numbers, Mr Musk says.
from BBC News - Business https://ift.tt/KXIGi...
Monday, May 16, 2022
Twitter boss responds to Musk doubts on fake accounts
Chief executive Parag Agrawal says the firm is confident that less than 5% of users are spam accounts.
from BBC News - Business https://ift.tt/jrvBa...
Bank governor defends response to rising prices
Andrew Bailey says he could not have foreseen events such as the war in Ukraine that are driving prices higher
from BBC News - Business https://ift.tt/uf6vJ...
McDonald's to leave Russia for good after 30 years
The chain opened in Moscow in 1990 as the Soviet Union was opening its economy to Western brands.
from BBC News - Business https://ift.tt/IFMvR...
Ukraine war: Russia nationalises Renault's Moscow plant
It is the first Russian nationalisation of a major foreign business since the invasion of Ukraine.
from BBC News - Business https://ift.tt/3IFL5...
Goldman Sachs to offer senior staff unlimited holiday
Investment bank Goldman Sachs will no longer cap paid leave for its senior staff and partners.
from BBC News - Business https://ift.tt/iKkIn...
Diesel prices reach record of over £1.80 a litre
The RAC says prices rose to just over £1.80 a litre after the previous record was set in March.
from BBC News - Business https://ift.tt/kr61T...
Sunday, May 15, 2022
Ukraine war: Global wheat prices jump after India export ban
World wheat prices have soared this year, pushing up the cost of everything from bread to noodles.
from BBC News - Business https://ift.tt/THXji...
'I was jumping through hoops to get a loan'
One firm tells of its struggles as a survey suggests lending to small businesses has hit an all-time low.
from BBC News - Business https://ift.tt/boZPx...
EasyJet offers £1,000 bonus as airlines battle to recruit staff
The airline will offer new and existing cabin crew the bonus, as carriers seek to retain and recruit workers.
from BBC News - Business https://ift.tt/0fhyp...
NHS prescription charges in England to be frozen
Not raising the fees for the first time in 12 years puts money back in people's pockets, ministers say.
from BBC News - Business https://ift.tt/0ZwoQ...
Cost of living: Labour to call vote on windfall tax for oil and gas companies
It is shameful not to raise extra money from oil and gas firms amid the rising cost of living, Ed Miliband says.
from BBC News - Business https://ift.tt/p8nlc...
News Corp profit surges on gains in real estate, book publishing, news media
News Corp profit surges on gains in real estate, book publishing, news media
...
Saudi Aramco: Oil giant sees profits jump as prices surge
The state-owned Saudi Aramco is currently the world's most valuable company due to soaring oil prices.
from BBC News - Business https://ift.tt/iRUcC...
Saturday, May 14, 2022
Covid: Have the lockdown success stories lost their shine?
Some businesses which boomed during the Covid pandemic are seeing their popularity fade.
from BBC News - Business https://ift.tt/iYoXk...
Friday, May 13, 2022
Russian operator to suspend electricity supply to Finland
Russian operator RAO Nordic says it will cease deliveries from Saturday, citing payment problems.
from BBC News - Business https://ift.tt/TCjNF...
Ethnic pay gap: MPs criticise government's 'lack of care'
The decision showed a "lack of will or care", MPs on the parliamentary committee for equality said.
from BBC News - Business https://ift.tt/h9wXR...
NYC Mayor-elect Eric Adams wants to be paid in bitcoin
NYC Mayor-elect Eric Adams wants to be paid in bitcoin
Bitcoin Foundation Chairman Brock Pierce discusses NYC Mayor-elect Eric Adams embracing the cryptocurrency and its impact on the world...
Village pub asked to change name by Vogue magazine
The landlord of the Star Inn at Vogue says he found Condé Nast's request "hilariously funny".
from BBC News - Business https://ift.tt/lZGuQ...
Sizewell C: Government delays decision on nuclear power plant
The decision for the £20bn nuclear power plant in Suffolk had been due this month.
from BBC News - Business https://ift.tt/OUkTW...
Elon Musk puts Twitter deal on hold over fake account details
The billionaire tweeted that he wanted to see more information on spam and fake accounts.
from BBC News - Business https://ift.tt/7GciE...
Drivers cut back on journeys as fuel costs bite
One UK petrol station operator tells the BBC motorists are making fuel "last a little bit longer".
from BBC News - Business https://ift.tt/zkH6y...
Thursday, May 12, 2022
Zara starts charging shoppers for online returns
But customers can still return clothes purchased online from the fashion giant for free in stores.
from BBC News - Business https://ift.tt/k8uES...
Crypto crash: Stablecoin collapse sends tokens tumbling
The sudden demise of TerraUSD sends other crypto-coins into a downward spiral.
from BBC News - Business https://ift.tt/iRPJE...
Tesco trials renting out office space to workers
The move by the retail giant highlights the shift away from traditional office set-ups since the pandemic.
from BBC News - Business https://ift.tt/3OxpC...
Apple iPod creator warns the metaverse will encourage trolls
Tony Fadell says the virtual reality world risks damaging human interaction and creating toxicity.
from BBC News - Business https://ift.tt/HAny2...
Shell agrees to sell Russian retail business to Lukoil
The energy giant will sell its retail business in Russia to the country’s second-largest oil producer, Lukoil.
from BBC News - Business https://ift.tt/yofSa...
Rishi Sunak threatens energy firms with windfall tax
The chancellor says he rules nothing out if they don't increase investment in energy projects soon.
from BBC News - Business https://ift.tt/EatS3...
Wednesday, May 11, 2022
Adidas sports bra adverts banned over bare breasts
The advertising watchdog received complaints that the images 'reduced women to body parts'.
from BBC News - Business https://ift.tt/3tROA...
Covid mask rules relaxed for EU air travel
Masks will no longer have to be worn on EU flights and in airports from next Monday, new guidance says.
from BBC News - Business https://ift.tt/QEgb2...
Price increases in the US ease slightly in April
The cost of clothing and used cars slipped, but prices for many other items continued to rise.
from BBC News - Business https://ift.tt/37rhi...
Energy bills set to rise again in October, regulator warns
Jonathan Brearley says it is a matter of life and death if some people cannot afford energy bills.
from BBC News - Business https://ift.tt/yMpKX...
Energy firm windfall tax has not been ruled out
Officials say Rishi Sunak is still open to the idea if energy firms do not reinvest their profits in the UK.
from BBC News - Business https://ift.tt/obvk9...
Tuesday, May 10, 2022
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA's Crew-2 astronauts will be unable to use the toilet on SpaceX's Dragon spacecraft when they return home from the International Space Station in November...
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin...
Peloton warns 'turnarounds are hard' as losses rise
Demand for Peloton's bikes and treadmills has sunk as pre-pandemic exercise habits return.
from BBC News - Business https://ift.tt/LzwRE...
PwC hits back at Lord Sugar in 'lazy gits' row
The Apprentice host had criticised the accountancy giant's new flexible work policy.
from BBC News - Business https://ift.tt/FonvA...
News Corp profit surges on gains in real estate, book publishing, news media
News Corp profit surges on gains in real estate, book publishing, news media
...
Queen's Speech: Government turning its back on workers, unions say
The TUC says the omission of an Employment Bill from the Queen's Speech will see "bad bosses celebrating".
from BBC News - Business https://ift.tt/DgXLm...
Monday, May 9, 2022
Birmingham Airport: 'Chaos' as travellers face long queues
Passengers report having to wait two hours to get through checks at Birmingham Airport
from BBC News - Business https://ift.tt/nS1kr...
Fox Business Flash top headlines for November 5
Fox Business Flash top headlines for November 5
Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com...
Brock Pierce praises NYC mayor-elect, Miami mayor for leading US into the future with Bitcoin
Brock Pierce praises NYC mayor-elect, Miami mayor for leading US into the future with Bitcoin
Bitcoin Foundation Chairman Brock Pierce on world and U.S. state leaders implementing Bitcoin into daily life and the impact it will have in the future...
NYC Mayor-elect Eric Adams wants to be paid in bitcoin
NYC Mayor-elect Eric Adams wants to be paid in bitcoin
Bitcoin Foundation Chairman Brock Pierce discusses NYC Mayor-elect Eric Adams embracing the cryptocurrency and its impact on the world...
Nvidia riding Metaverse wave with crucial chip production
Nvidia riding Metaverse wave with crucial chip production
U.S. Bank wealth management CIO Eric Freedman and Sarge986 president Stephen Guilfoyle weigh in on tech sector movement...
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA's Crew-2 astronauts will be unable to use the toilet on SpaceX's Dragon spacecraft when they return home from the International Space Station in November...
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin...
Sunday, May 8, 2022
Cost of living: More Britons say they skip meals or go hungry
The number of those struggling to buy food rises by 57% in three months, according to a survey.
from BBC News - Business https://ift.tt/BaxU6...
Google strikes Cloud deal and invests in CME
Google strikes Cloud deal and invests in CME
Alphabet Inc.’s GOOG +0.72% Google has invested $1 billion in futures-exchange giant CME CME +0.99% Group Inc. and struck a deal to move the company’s core trading systems to the cloud...
New UK sanctions for Russia and Belarus
The penalties will target £1.7bn of trade to further weaken Vladimir Putin's Ukraine invasion.
from BBC News - Business https://ift.tt/VzcmK...
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts
NASA's Crew-2 astronauts will be unable to use the toilet on SpaceX's Dragon spacecraft when they return home from the International Space Station in November...
Saturday, May 7, 2022
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin...
Democrats' spending bill could give four weeks of paid leave to people without jobs
Democrats' spending bill could give four weeks of paid leave to people without jobs
The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday...
Ukraine war: Russian energy embargo needed now, says finance minister
An EU ban on oil and gas from Russia would limit its ability to fight in Ukraine, Sergeii Marchenko says.
from BBC News - Business https://ift.tt/wh7S0...
Mine e-waste, not the Earth, say scientists
Scientists call for electronic waste to be mined for precious metals as supplies of new materials become ‘unsustainable’.
from BBC News - Business https://ift.tt/mSJ02...
Shop owners to be forced to rent out empty premises, government says
Ministers call boarded-up premises a "blight" and say councils need stronger powers over landlords.
from BBC News - Business https://ift.tt/LgZyI...
Friday, May 6, 2022
Families face debt squeeze as prices keep rising
Cost of living pressures mean a likely resurgence in people struggling to repay existing debt, a charity warns.
from BBC News - Business https://ift.tt/NpuXg...
New energy firms took high risk strategy - report
A report into regulation when 30 energy companies went bust exposes failures by Ofgem.
from BBC News - Business https://ift.tt/qwSIx...
Travel limits on international music tours to be eased
UK hauliers with another base abroad will be able to make unlimited stops from late summer.
from BBC News - Business https://ift.tt/MFIKo...
Amazon targets review firms with legal action
The tech giant has accused four companies of flooding its shopping sites with fake reviews.
from BBC News - Business https://ift.tt/cYFlB...
McColl's collapses into administration
More than 16,000 jobs are at risk after the convenience store fails to strike a deal with its banks.
from BBC News - Business https://ift.tt/WFmxX...
Job creation remains strong in US economy
Employers added 428,000 jobs last month, while the jobless rate held steady at 3.6%.
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Facebook's Australia news ban overblocked on purpose, whistleblowers claim
A whistleblower group says Facebook deliberately overblocked a news ban affecting vital services.
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Thursday, May 5, 2022
US markets see worst losses since 2020 after rate rise
The Dow falls by more than 3% as investors worry about how rising prices will hit growth.
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McColl's convenience store chain on brink of collapse
The retailer said on Thursday that it was increasingly likely it would enter administration.
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Interest rates: What are they and how high could they go?
Interest rates are one of the main tools used to keep the UK economy growing steadily.
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Elon Musk lines up $7bn backing for Twitter deal
The billionaire has tapped the likes of Oracle's Larry Ellison and Sequoia to finance the takeover.
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Africa's digital business: The women swapping shops for smartphones
Three African women explain how they have boosted their income by going digital since Covid.
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UK interest rates rise to the highest since 2009
The Bank of England also warns that the UK economy is set to shrink next year as the cost of living rises.
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Wednesday, May 4, 2022
US makes biggest interest rate rise in 22 years
The Federal Reserve is under pressure as the US grapples with its worst inflation in four decades.
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Ukraine: UK cuts Russia off from management services
Russian firms are banned from using British management consulting, accounting and PR services.
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Ukraine conflict: What is Swift and why is banning Russia so significant?
More Russian banks are being banned from the Swift financial network but what impact will this have?
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Halifax apologises after interest rate email blunder
Halifax has said sorry after it incorrectly said the Bank of England had raised interest rates.
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Boohoo hit by higher clothes returns than pre-Covid
The fast fashion brand says shoppers are returning clothes at a higher rate than before the pandemic.
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Klarna shopping habits will affect credit score
The buy-now-pay later firm will share its data with credit agencies which could help or hinder loan applications.
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Tuesday, May 3, 2022
P&O brings back passengers on cross-Channel route after sackings
Tuesday marks the first time that drive-on passengers and tourists can use P&O in almost six weeks.
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Unravelling Australia's complex jobs puzzle
An uneven recovery from the pandemic leaves graduates struggling to get on the career ladder.
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Scooter recall hits India's 'Tesla of two-wheelers'
How a product recall is disrupting one start-up's plans to dominate the electric scooter market.
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Do you want to find out how much your colleagues earn?
Driven by demand from their staff a growing number of companies are introducing transparency on pay.
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'An hour a day built my million-pound side hustle'
Joel Remy-Parkes of kids tableware company Bamboo Bamboo shares his business advice for CEO Secrets.
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Monday, May 2, 2022
Trader made error in 'flash crash', Citigroup says
The benchmark Stockholm OMX 30 share index fell by 8% at one point on Monday morning.
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Kroger, like Walmart, hit by fake crypto press release
Kroger, like Walmart, hit by fake crypto press release
Kroger says it was hit with a fake press release falsely claiming the nationwide grocer would be accepting Bitcoin Cas...
Law firm says staff can work from home - for 20% less pay
Staff can choose to work remotely, but will have their pay cut, says city law firm Stephenson Harwood.
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Sunday, May 1, 2022
Shanghai lockdown: The hard life of a homeless deliveryman
Many riders face a lack of shelter and safety while delivering supplies in a locked down city.
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Boeing shareholders reach settlement in 737 MAX board oversight suit
Boeing shareholders reach settlement in 737 MAX board oversight suit
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Netflix cancels Meghan Markle animated series 'Pearl'
The announcement comes as the streaming giant makes cost cuts after subscriber numbers fell.
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Qantas promises direct flights from Sydney to London and New York
Australia's carrier says its new fleet will be capable of direct flights to any city in the world.
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Free-range eggs return as hens are allowed back outside
People can once again buy free-range eggs after measures to control a bird flu outbreak were relaxed.
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Eid celebrations squeezed by cost of living crisis
Some Muslim families celebrating the end of Ramadan are feeling the pinch of rising prices.
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Asda chairman Stuart Rose: Food prices will keep rising
Stuart Rose says that consumers "will suffer" from continuing cost of living price hikes.
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News Corp profit surges on gains in real estate, book publishing, news media
News Corp profit surges on gains in real estate, book publishing, news media
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