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Wednesday, November 30, 2022

Paying for the basics is pushing people into debt, charity says

Citizens Advice says homeowners and pensioners are among those increasingly seeking debt advice. from BBC News - Business https://ift.tt/k0sSx...

US signals shift to slower interest rate increases

Markets soared after the Federal Reserve signalled a shift in its inflation fight. from BBC News - Business https://ift.tt/QwzON...

UK strikes digital trade deal with Ukraine

The agreement is expected to improve cooperation on cyber security, AI and new technologies. from BBC News - Business https://ift.tt/PgtiU...

Transport secretary says North's railways have a real problem to solve

The transport secretary says he is "focused" on trying to improve services in the North of England. from BBC News - Business https://ift.tt/MyFJx...

Date set for Octopus to buy failed energy firm Bulb

The sale of failed energy supplier Bulb nears completion, but legal challenges could still derail it. from BBC News - Business https://ift.tt/EfF0M...

HSBC to close 114 UK branches

HSBC says customers are increasingly banking online from BBC News - Business https://ift.tt/vhaEL...

Tuesday, November 29, 2022

Royal Mail postal workers begin fresh two-day strike

The action is the latest in a series of walkouts and will affect deliveries of letters and parcels. from BBC News - Business https://ift.tt/RnAFT...

Octopus takeover of Bulb challenged by rival firms

Octopus Energy's acquisition of collapsed energy firm Bulb could be delayed by a legal fight. from BBC News - Business https://ift.tt/IfW5h...

Onshore wind: Grant Shapps criticised for 'nonsense' claims

The business secretary says wind turbines are now "so big" they cannot be built on land. from BBC News - Business https://ift.tt/9CDGs...

Driving examiners across UK to stage strikes over pay

The PCS union says driving examiners and rural payment officers will strike in December and January. from BBC News - Business https://ift.tt/P4gf7...

Bird flu: Free range turkey supplies hit by bird flu

About 600,000 birds have been culled or have died in the UK's worst avian flu outbreak. from BBC News - Business https://ift.tt/XEZyr...

Train strikes: Pub boss warns walkouts could ruin Christmas plans

The Fuller's boss says Christmas parties could be cancelled without a speedy resolution to the dispute. from BBC News - Business https://ift.tt/XLIoQ...

Monday, November 28, 2022

Plan to make big tech remove harmful content axed

Minister denies weakening the Online Safety Bill after dropping the "legal but harmful" material measures. from BBC News - Business https://ift.tt/aGgkK...

Christmas savings clubs help spread the festive costs

How small businesses are using savings clubs to help customers spread the cost of Christmas from BBC News - Business https://ift.tt/JkxWZ...

Apple has reduced advertising on Twitter - Musk

Elon Musk has tweeted that Apple has largely stopped advertising on his platform. from BBC News - Business https://ift.tt/nSQsC...

Crypto firm BlockFi files for bankruptcy after FTX collapse

The collapse of FTX had already forced BlockFi to suspend most activity on its platform. from BBC News - Business https://ift.tt/0J2df...

Emergency energy plan for Tuesday postponed

National Grid decides not to activate a scheme to help avoid power cuts after being poised to do so. from BBC News - Business https://ift.tt/7DpNQ...

Balenciaga campaign: What did the fashion house do?

Kim Kardashian is pulled into a row over the fashion house's latest campaign after heavy backlash. from BBC News - Business https://ift.tt/Z7hIv...

Sunday, November 27, 2022

US bans sale of Huawei, ZTE tech amid security fears

The restrictions on five Chinese companies are the first to be put in place on security grounds. from BBC News - Business https://ift.tt/08Fw1...

Thousands of apprentices quit over quality of schemes

Around 100,000 people are dropping out of schemes after firms fail to provide basic training, says a report. from BBC News - Business https://ift.tt/LblAN...

Energy firms warned over hiking direct debits

The government says companies must match bills with customers who are cutting energy use. from BBC News - Business https://ift.tt/972WK...

Friday, November 25, 2022

Train strikes: Drivers to walk out in pay row

Passengers face further disruption with 11 rail companies being affected by the long-running dispute. from BBC News - Business https://ift.tt/7nrB6...

Energy sector reforms criticised by British Gas owner

Regulator Ofgem announces plans to strengthen the sector but is criticised by the UK's biggest supplier. from BBC News - Business https://ift.tt/jBA2g...

Jaguar Land Rover cuts output at UK factories due to chip shortage

The carmaker is reducing production at its factories in Solihull and Halewood until the spring. from BBC News - Business https://ift.tt/0HjEr...

When are the train strikes and what routes are affected?

More national rail strikes have been announced by the RMT union. from BBC News - Business https://ift.tt/S5gmd...

Thursday, November 24, 2022

The little-known nut that may save at-risk rainforests

Growing sales of an Indonesian nut called kenari is helping to reduce deforestation. from BBC News - Business https://ift.tt/KNgmc...

Kanye West: Adidas investigates after claims of 'toxic' behaviour

Rolling Stone has reported that staff have complained about West's "problematic behaviour". from BBC News - Business https://ift.tt/TYeqG...

Post Office scandal: Horizon contract was 'fatally flawed'

Stephen Byers also told the Horizon public inquiry the treatment of sub-postmasters was "shocking". from BBC News - Business https://ift.tt/JczLR...

Green Friday: The eco-friendly alternative to Black Friday

As we are bombarded with Black Friday adverts, some people mark the day in a very different way. from BBC News - Business https://ift.tt/wxWH5...

Greene King brewery staff to strike over pay

Unite members at sites in England are walking out in the lead-up to Christmas in a row over pay. from BBC News - Business https://ift.tt/majIH...

Brexit: Don't scrap EU rules, firms and unions say

Business groups and unions warn plans to scrap thousands of EU laws will create "confusion and disruption". from BBC News - Business https://ift.tt/EC3rB...

Wednesday, November 23, 2022

Jeremy Hunt: Cut energy use to stop Putin 'blackmail'

People need to cut consumption to reduce the UK's reliance on Russia, the chancellor says. from BBC News - Business https://ift.tt/R3yX7...

Pound hits post-Truss high as dollar weakens

Sterling has reached its highest level against the US dollar since mid-August. from BBC News - Business https://ift.tt/Y9G1v...

Russia revives Soviet-era car brand at ex-Renault plant

It is reviving the Soviet-era Moskvich brand, though the car's design has been updated. from BBC News - Business https://ift.tt/sW3um...

Tuesday, November 22, 2022

Cost of living: New Zealand steps up fight against soaring prices

The country's central bank has raised its key interest rate to the highest level since 2009. from BBC News - Business https://ift.tt/XiNjh...

CEO Secrets: Seatfrog founders share their business advice

The founders of Seatfrog share their business advice for the CEO Secrets series. from BBC News - Business https://ift.tt/Qx1WG...

'I wouldn't leave South Africa, I have a kid here'

South African software developers discuss what it means to them to do business in the country. from BBC News - Business https://ift.tt/At09N...

Manchester United owners looking to sell all or part of club

Manchester United's American owners say they will "explore strategic alternatives" for the club "including new investment, a sale, or other transactions". from BBC News - Business https://ift.tt/zBHmu...

FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom'

FTX's collapse was described in court as "one of most abrupt and difficult" in corporate America. from BBC News - Business https://ift.tt/P4M5v...

Train strikes: Rail workers to strike in run-up to Christmas

The RMT says further strike action will take place across four 48-hour periods in December and January. from BBC News - Business https://ift.tt/hztLG...

Monday, November 21, 2022

We must wean economy off immigration, Labour leader to warn businesses

Sir Keir Starmer will promise a "pragmatic" immigration policy in a speech to business leaders. from BBC News - Business https://ift.tt/VmIov...

Are flying taxis getting closer to lift-off?

US air regulators said they would add flying taxis to the list of regulated aircraft. from BBC News - Business https://ift.tt/ofPT5...

Passengers warned over Christmas rail disruption

Passengers told to plan journeys in advance due to engineering works over the festive period. from BBC News - Business https://ift.tt/mPlUC...

Brexit: Rishi Sunak rules out deal that relies on EU law alignment

"I believe in Brexit," says Rishi Sunak, after suggestions UK could pursue a Swiss-style deal with the EU. from BBC News - Business https://ift.tt/VGdYA...

Crypto rules needed after FTX collapse, says Bank of England

The UK could face a "crypto shock" without better regulations, says a senior official at the Bank. from BBC News - Business https://ift.tt/5sQxJ...

WhatsApp groups help get food to those who need it

Messaging apps have become a popular way to reach people who are struggling with the cost of food. from BBC News - Business https://ift.tt/73BWV...

Sunday, November 20, 2022

Libraries at risk of cuts despite 'unprecedented' rise in users

Local libraries are seeing more people come through their doors, but fear services will be cut. from BBC News - Business https://ift.tt/AJ4SV...

FTX crypto exchange owes biggest creditors $3.1bn

FTX owes about $1.45bn to its top 10 creditors, according to its US bankruptcy court filings. from BBC News - Business https://ift.tt/wJ5Wd...

Musk lifts Donald Trump's Twitter ban

The former US president's account is reinstated - but he says he sees no reason to return. from BBC News - Business https://ift.tt/yXYfN...

Jeremy Hunt has no plan for growth, says CBI boss

Tony Danker tells the BBC the Autumn Statement will tackle inflation but won't revive growth. from BBC News - Business https://ift.tt/9wfcY...

Theranos scandal: Who is Elizabeth Holmes and why was she on trial?

"She just seemed absolutely confident of her own brilliance," a Stanford professor remembers of the former student. from BBC News - Business https://ift.tt/UdrP6...

Saturday, November 19, 2022

Will you be allowed to watch the World Cup at work?

Bosses have to decide whether to get behind the controversial World Cup. from BBC News - Business https://ift.tt/tPImD...

Friday, November 18, 2022

Banksy accuses clothing brand Guess of 'helping themselves' to his artworks

The graffiti artist called on shoplifters to visit a London branch of Guess in retaliation. from BBC News - Business https://ift.tt/amIFz...

Is this really the end of Twitter?

The BBC's technology editor looks at claims that Twitter may be heading for calamity. from BBC News - Business https://ift.tt/CKuwU...

Petrol prices: What is fuel duty and is it going up?

Why are UK pump prices at record highs, and when might they fall? from BBC News - Business https://ift.tt/qT6AO...

Autumn Statement: Jeremy Hunt defends tax rises for middle earners

Jeremy Hunt says his plan is "balanced", after think tank says it piles more pressure on "squeezed middle". from BBC News - Business https://ift.tt/cOh0R...

Thursday, November 17, 2022

Elon Musk: Twitter closes offices until next week

It comes amid reports that large numbers of staff have resigned from the social media platform. from BBC News - Business https://ift.tt/HN1zL...

Taxing electric cars 'short-sighted' say manufacturers

Extending the tax to include electric models is "short-sighted" says Ford. from BBC News - Business https://ift.tt/0OqV8...

Postal workers to strike on six more days in run-up to Christmas

Industrial action is scheduled for six days in December, including Christmas Eve. from BBC News - Business https://ift.tt/EOCXS...

What the Autumn Statement means for you and the cost of living

Chancellor Jeremy Hunt's statement is full of policies that will affect your finances in the coming years. from BBC News - Business https://ift.tt/ZmgtE...

Hunt says UK in recession and set to shrink further next year

The economy is forecast to contract next year due to the cost-of-living crisis. from BBC News - Business https://ift.tt/7L1tY...

Energy bills to rise to £3,000 a year from April

Help with energy costs has been extended, but at a less generous level, meaning bills will still rise. from BBC News - Business https://ift.tt/3YKkJ...

Electric car drivers to pay road tax from April 2025

Motoring groups, including the AA, warned the move would reduce the incentive to switch to electric vehicles. from BBC News - Business https://ift.tt/DJrta...

Royal Mail asks to stop Saturday letter deliveries

It comes as the business seeks to revive its fortunes after slumping to a hall-year loss. from BBC News - Business https://ift.tt/ez5Ow...

Wednesday, November 16, 2022

Taylor Swift Ticketmaster crash draws ire on Capitol Hill

A glitch caused by high demand for her concerts has triggered monopoly busters in Washington DC. from BBC News - Business https://ift.tt/EvYMF...

Chinese buyout of Newport microchip plant a 'security risk'

The UK government says Nexperia's takeover of Newport Wafer Fab creates national security risks. from BBC News - Business https://ift.tt/CMsyD...

What is behind the big tech companies' job cuts?

Thousands of redundancies have been announced by some of the largest firms in the industry. from BBC News - Business https://ift.tt/rjynI...

Retailer Joules collapses risking 1,600 jobs

The clothing group appoints administrators as the retail sector struggles. from BBC News - Business https://ift.tt/nEkVs...

Tuesday, November 15, 2022

Made.com customers given 25 November delivery deadline

Customers who do not receive furniture orders by this date should submit a claim for a refund. from BBC News - Business https://ift.tt/D9Qij...

Estee Lauder to buy designer brand Tom Ford

The cosmetics giant will purchase the designer fashion brand for £2.4bn. from BBC News - Business https://ift.tt/jftBL...

Water customers may be owed £163m for sewage spills

Water companies have been discharging waste in to rivers, claim researchers of corporate wrongdoing. from BBC News - Business https://ift.tt/UrOHc...

Over a million are owed money by failed crypto exchange

Experts and watchdogs warn UK investors that when crypto firms fail, getting money back is unlikely. from BBC News - Business https://ift.tt/HeBq7...

Twirls substituted in some Heroes chocolate boxes

The chocolate is another casualty of supply chain disruptions blighting manufacturers. from BBC News - Business https://ift.tt/gRZy7...

Made.com collapse: Nottingham auction house to sell off stock

It comes after the online furniture retailer collapsed, leading to hundreds of job losses. from BBC News - Business https://ift.tt/rz84t...

Monday, November 14, 2022

Amazon 'prepares mass job cuts' as sales slow - reports

The reductions could affect about 10,000 people at the e-commerce giant, reports suggested. from BBC News - Business https://ift.tt/UvhH9...

Cost of living: 'We've got to sell our family home due to mortgage rise'

A mother-of-three says she can't see any option than selling her house due to mortgage rates rising. from BBC News - Business https://ift.tt/H5yBe...

Elon Musk Tesla pay package heads to court

A shareholder wants Elon Musk's $56bn pay package to be revoked. from BBC News - Business https://ift.tt/BrcXK...

What do we know will be in the Autumn Statement?

Jeremy Hunt is expected to dismantle his predecessor Kwasi Kwarteng plans announced two months ago. from BBC News - Business https://ift.tt/pfasb...

London loses position as top European stock market

The UK's stock-marketed listed companies have lost so much value that France is now number one. from BBC News - Business https://ift.tt/8Vjxt...

Rishi Sunak: We’ll deliver public finances markets expect

The PM says this week's autumn budget would "put our public finances on a sustainable trajectory". from BBC News - Business https://ift.tt/EJYCV...

Sunday, November 13, 2022

Country star Dolly Parton gets $100m award from Amazon founder Jeff Bezos

The Amazon founder commended the country music star for her commitment to improving literacy. from BBC News - Business https://ift.tt/yvcdw...

Why smart thermostats don't always save you money

The makers of smart thermostats says the devices can cut energy bills but the evidence is not conclusive. from BBC News - Business https://ift.tt/pYB03...

The repair Budget to defuse a financial timebomb

Chancellor Jeremy Hunt's key message this week will be about restoring stability and controlling price rises. from BBC News - Business https://ift.tt/mOwZ5...

Jeremy Hunt: Everyone will have to pay more tax

The chancellor also tells the BBC he wants to make sure any recession is as short and shallow as possible. from BBC News - Business https://ift.tt/xEF1q...

The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried

How a crypto empire built on video game battles and beanbags came crashing down. from BBC News - Business https://ift.tt/WYu0m...

Autumn Statement: When is it and how will it affect me?

With the UK facing a cost-of-living crisis the government is set to unveil tax and spending plans. from BBC News - Business https://ift.tt/MzuxC...

Friday, November 11, 2022

Why an old train could point to a clean energy future

Progress is being made on systems to make hydrogen more economical to store and transport. from BBC News - Business https://ift.tt/5Di8A...

'There really is more to life than posting on Instagram'

A small but growing number of people are giving up the likes of Facebook, Twitter and Instagram. from BBC News - Business https://ift.tt/cIP2U...

Heathrow Airport says no passenger limits over Christmas

The airport has been working with airlines and ground handlers to prepare for the busy period. from BBC News - Business https://ift.tt/gEMlX...

Thursday, November 10, 2022

Inside the capture of a Russian oligarch's superyacht

A $325m luxury boat is floating in a US cargo port after the FBI tracked it down in the Pacific. from BBC News - Business https://ift.tt/68yeE...

Cost of living: Shares jump in US and Asia as inflation cools

Investors are betting the US central bank will slow the pace of rate rises as it tackles inflation. from BBC News - Business https://ift.tt/r3Xhw...

Amazon: Robots spread but 'we still need humans'

Amazon's latest robot has the ability to pick up items before they are packed.c from BBC News - Business https://ift.tt/qoJQ8...

Labour vows to lift ban on onshore wind

A Labour government would ease planning rules for new onshore wind farms, Sir Kier Starmer says. from BBC News - Business https://ift.tt/QkCnR...

I told Liz Truss she was going too fast, says Kwasi Kwarteng

The former chancellor said he told the then PM to "slow down" after September's ill-fated mini-budget. from BBC News - Business https://ift.tt/Kf8ds...

100,000 civil servants vote for strike action

The Public and Commercial Services Union is calling for a 10% pay rise and no cuts to redundancy terms. from BBC News - Business https://ift.tt/HblQz...

Musk tells Twitter staff remote working will end

The boss of the social media firm also warns workers to prepare for "difficult times", reports say. from BBC News - Business https://ift.tt/6cVRg...

Wednesday, November 9, 2022

Elon Musk foreign ties worth being looked at, Joe Biden says

The US president was asked whether Saudi Arabia helping the Tesla boss to buy Twitter should be probed. from BBC News - Business https://ift.tt/6Lf2a...

Christmas adverts toned down during cost of living crisis

John Lewis says the cost of living crisis was "front of mind" as it joins other big brands launching festive campaigns. from BBC News - Business https://ift.tt/oU80y...

Binance walks away from FTX crypto exchange bailout

Binance will not pursue the deal for its smaller rival citing reports of 'mishandled customer funds'. from BBC News - Business https://ift.tt/be62E...

Why are so many workers going on strike?

Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption. from BBC News - Business https://ift.tt/kKMZ0...

Facebook-owner Meta to cut 13% of its workforce

Chief executive Mark Zuckerberg said it was one of the most difficult changes in Meta's history. from BBC News - Business https://ift.tt/suzb2...

Tuesday, November 8, 2022

FTX: Cryptocurrency market rocked by near-collapse of exchange

The world's biggest cryptocurrency exchange said it reached a deal with FTX to cover a "liquidity crunch". from BBC News - Business https://ift.tt/FDGTM...

Elon Musk sells almost $4bn of Tesla shares

It comes less than two weeks after the world's richest man completed his $44bn takeover of Twitter. from BBC News - Business https://ift.tt/bhGjv...

'One of the hottest start-up spaces in the US'

North Carolina is aiming to become a hub for start-ups to grow and do business. from BBC News - Business https://ift.tt/KYdDC...

Disney says streaming business at 'turning point'

The company has more than 235 million subscriptions across its three streaming platforms, including Disney+. from BBC News - Business https://ift.tt/EN6ni...

Egg farmers squeezed as costs rise

Some farmers have accused supermarkets of not paying them a fair price for their eggs. from BBC News - Business https://ift.tt/1etR2...

Tesla recalls 40,000 cars over power-steering fault

The recall affects the 2017-21 Model S and Model X vehicles. from BBC News - Business https://ift.tt/tz8Rj...

Monday, November 7, 2022

Hushpuppi: Notorious Nigerian fraudster jailed for 11 years in US

The FBI says ex-social media star Hushpuppi is one of the word's most high-profile money launderers. from BBC News - Business https://ift.tt/5OTFp...

When are the £400 energy rebate and other cost-of-living payments due?

All UK households are getting £400 off their winter energy bill and many on low incomes get extra help. from BBC News - Business https://ift.tt/I8qx5...

Rail disruption: Many services to start late on Tuesday

First trains will run later on many lines - as Avanti West Coast says services are limited all day. from BBC News - Business https://ift.tt/xqv02...

Facebook owner Meta expected to announce major job losses

The company faces difficult economic conditions and is investing heavily in its metaverse push. from BBC News - Business https://ift.tt/SXjIK...

Ex-Made boss says offer to save company ‘rebuffed’

Former boss of furniture brand says his offer to rescue firm from administration was rejected. from BBC News - Business https://ift.tt/jhHC4...

Do not end green energy grants, manufacturers urge MPs

Manufacturing firms urge MPs to match an EU scheme subsidising the cost of renewable energy systems. from BBC News - Business https://ift.tt/6Lcj5...

Ten days of Twitter chaos

Elon Musk's first week-and-a-half at Twitter has been a rollercoaster of big changes. from BBC News - Business https://ift.tt/lVkoK...

Sunday, November 6, 2022

Apple: iPhone shipments delayed over China Covid lockdown

Firm warns customers to expect longer wait times for its new iPhone due China's Covid lockdown. from BBC News - Business https://ift.tt/VnWgj...

Ebay urges shoppers to pick old over new this Black Friday

This Black Friday the online marketplace is promoting used items to avoid unwanted spending and waste. from BBC News - Business https://ift.tt/hQi6F...

Made.com expected to go into administration this week

Around 500 staff are expected to lose their jobs after the online furniture store failed to find a buyer. from BBC News - Business https://ift.tt/EHCvD...

Rail passengers urged to check Monday travel

Most train companies will operate limited services on Monday despite strikes being called off. from BBC News - Business https://ift.tt/26kBK...

Saturday, November 5, 2022

National Insurance: Will tax cut save me money?

The government's reversal of the 1.25p increase in National Insurance has come into effect. from BBC News - Business https://ift.tt/7ykdi...

Twitter confirms fee for blue-tick verification after Musk takeover

Controversially Twitter says blue-tick status will be open to those who pay a monthly $7.99. from BBC News - Business https://ift.tt/fxLrc...

Liberal Democrats: Give struggling homeowners £300 a month

People whose mortgage payments had risen more than 10% would get a grant, under the party's plan. from BBC News - Business https://ift.tt/uxWTA...

Cost of living: Pub halves beer and cider choice to survive

A landlord is pinning energy bills to walls to show regulars why the cost of their pint has gone up. from BBC News - Business https://ift.tt/jVEWr...

Jack Dorsey: Twitter co-founder breaks silence on Elon Musk takeover

The former CEO appeared to agree with the dismissals, saying he had grown the company "too quickly". from BBC News - Business https://ift.tt/jxH7F...

Twitter UK staff get deadline over cuts consultation

Hundreds affected by Twitter's worldwide job cuts have three days to elect a representative. from BBC News - Business https://ift.tt/6XIQq...

Friday, November 4, 2022

Twitter: Musk defends deep cuts to company's workforce

The site's new owner says he had "no choice" but to slash jobs - cuts which appear to affect 50% of staff. from BBC News - Business https://ift.tt/DiLWH...

Will falling gas prices mean lower bills?

Higher demand in winter could push up the wholesale gas price before households feel much benefit. from BBC News - Business https://ift.tt/zcXH6...

Twitter: Elon Musk blames 'activist groups' for earnings drop

Elon Musk, the new owner of Twitter, makes the accusation as the tech firm makes sweeping job cuts. from BBC News - Business https://ift.tt/k4LIM...

Train strikes from Saturday suspended, union says

The RMT union had been planning a series of strikes on 5, 7 and 9 November in a dispute over pay. from BBC News - Business https://ift.tt/oiFua...

US jobs growth solid but slowing amid inflation fight

The news comes as the economy remains a top concern for voters ahead of the midterm elections. from BBC News - Business https://ift.tt/5Lfql...

Workers at Heathrow to strike in World Cup run-up

A union says 700 workers at the UK's biggest airport will walk out for three days from 18 November. from BBC News - Business https://ift.tt/BrlIe...

Thursday, November 3, 2022

Twitter to make job cuts after Elon Musk takeover

The social media giant says staff will be told on Friday whether they are to be laid off. from BBC News - Business https://ift.tt/bthan...

Mortgages: What happens if I miss a payment?

Homeowners are worried about rising mortgage costs - but lenders must help those struggling. from BBC News - Business https://ift.tt/ZjRK8...

Netflix starts cheaper streaming service with adverts

The streaming platform has launched a less expensive streaming option with commercials. from BBC News - Business https://ift.tt/snfSO...

Twitter to lose magic with blue tick fee, former exec says

Twitter's former global communications head tells BBC News he is worried about Elon Musk's plans. from BBC News - Business https://ift.tt/BMTPC...

Glencore ordered to pay millions over Africa oil bribes

A court heard a subsidiary of mining firm Glencore bribed officials with cash flown in on private jets. from BBC News - Business https://ift.tt/SItiJ...

Bounty bars removed from Celebrations tubs in trial

Mars Wrigley will remove the bars from its chocolate tubs after finding 40% of people hate the treat. from BBC News - Business https://ift.tt/IDjT4...

Wednesday, November 2, 2022

China Covid: Panic and fear drove iPhone factory breakout

Workers at the plant in Zhengzhou, China, thought they were going to be part of a huge Covid experiment. from BBC News - Business https://ift.tt/xAz1O...

US interest rates rise to fresh 14-year high

The Federal Reserve is steering borrowing costs higher at the fastest rate in decades. from BBC News - Business https://ift.tt/PTI84...

Rental options squeezed by landlords' mortgage pressures

Difficulties for some landlords to secure mortgages could mean less choice for tenants, MPs are told. from BBC News - Business https://ift.tt/H5IQk...

Tuesday, November 1, 2022

China Covid: iPhone maker Foxconn boosts bonuses after lockdown breakout

Foxconn locked down the world's largest iPhone factory in line with China's zero-Covid policy. from BBC News - Business https://ift.tt/RNXAw...

Questions raised about AI weapons-scanning company

BBC News has seen evidence Evolv, which claims to have the "signatures" of all weapons, has limitations. from BBC News - Business https://ift.tt/o7s2z...

Prison job advert banned for racial stereotyping

The photo of a black inmate and white officer was likely to cause serious offence, a watchdog found. from BBC News - Business https://ift.tt/WwtJB...

Elon Musk says £7 monthly fee for Twitter blue tick

Critics say the change could make it harder for people to find reliable sources on the social media site. from BBC News - Business https://ift.tt/crwz3...

Bank makes history as it reverses ‘quantitative easing’

It is the first central bank to start unwinding the emergency support brought in after the 2008 financial crisis. from BBC News - Business https://ift.tt/NErKR...

Morrisons to close 132 McColl's stores putting jobs at risk

Owner Morrisons says that closing the loss-making stores will put 1,300 jobs at risk. from BBC News - Business https://ift.tt/65E3a...

Defiant Trump officials vow to stay course as countries scramble over tariffs

The US commerce secretary says a 10% "baseline" tariff on imports will definitely stay in place for weeks. from BBC News https:/...