Beijing accuses Washington of attempting to use state power to suppress foreign companies.
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Tuesday, February 28, 2023
'Raise pay to end strikes', says Conservative peer
Lord Balfe says the government needs to "get real" and raise public sector pay to benefit the UK.
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The tiny diamond sphere that could unlock clean power
A diamond sphere made in Germany was key to December's breakthrough fusion experiment in California.
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Woman single-handedly takes on BA and wins
Jennie Barber cited legislation from 1943 to win flight refund in court battle with British Airways.
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Amazon UK workers walk out on strike in pay row
Union members at a distribution centre in Coventry take a second day of action in a row over pay.
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Monday, February 27, 2023
Japan ad giant Dentsu named in Olympics bid-rigging complaint
It comes after months of investigations into alleged corruption in the planning and sponsorship of the event.
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Elon Musk defends racist tirade by Dilbert creator Scott Adams
Twitter's CEO accused US media of racism after multiple newspapers dropped the popular cartoon.
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Ron DeSantis tightens his control over Walt Disney World
Walt Disney World's self-governing district is now under the control of Florida's governor.
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Canada bans TikTok on government devices
The federal government says the video app is an "unacceptable" risk to privacy and security.
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Lidl limits sales of tomatoes, cucumbers and peppers
The discount supermarket follows rivals by restricting sales of certain fruit and vegetables.
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Sunday, February 26, 2023
Bao Fan: Missing Chinese billionaire assisting authorities, firm says
Bao Fan's disappearance this month renewed concerns of a potential crackdown on finance and tech figures.
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Job centre staff to get bonuses for getting people work
The government's pilot scheme aims to get more Universal Credit claimants into employment.
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Labour says UK risks falling behind Poland
Sir Keir Starmer says that without new policies, living standards will fall below those in eastern Europe.
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Fruit and vegetable shortages 'to last four weeks', says George Eustice
The former environment secretary said supermarkets have to "work to get it right" on supplies.
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Friday, February 24, 2023
A million households can apply for £400 energy rebate
Almost a million households can now apply for winter energy payments, but it could still take weeks.
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The pub bosses that closed their kitchens to stay afloat
Soaring gas, food and staffing costs have made some pubs move away hot meals.
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Two million air fryers recalled in US over burn hazard
Cosori has received reports of air fryers catching fire and causing minor burns and property damage.
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Cost of Living: Trainer sales go down after Covid pandemic spike
Sukhvir Singh Sohal opened a sneaker shop in Glasgow and still thinks it's a lucrative business.
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Signal would 'walk' from UK if Online Safety Bill undermined encryption
Bosses of the messaging app fear the Online Safety Bill could force it to weaken its users' security.
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Thursday, February 23, 2023
US names businessman Ajay Banga to lead World Bank
Raised in India, Ajay Banga led Mastercard for more than a decade.
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Vegetable shortages could last for up to a month
The environment secretary says shortages of some fruit and vegetables could go on for up to four weeks.
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How ASML became Europe’s most valuable tech firm
ASML machines make computer chips - with technology so advanced the firm is caught in geopolitical rivalry.
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Steel industry fears more job cuts without help
UK Steel says plans for government support are welcome, but fears there could be more job cuts in the sector.
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Wednesday, February 22, 2023
Qantas: Australian airline's profits soar back after record Covid losses
The A$1bn profit follows a troubled few years for the airline, full of delays, staff shortages and criticism.
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Arsenal Women earn 30% more but still behind men
Accounts show a boost in earnings, but the women's team still earns far less than some male players.
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Tuesday, February 21, 2023
Starbucks launches olive oil coffee drinks in Italy
The world's biggest coffee chain entered the Italian market in 2018 and has around 20 stores in the country.
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My Money: 'I have 25p left in my bank account'
Alannah, a 27-year-old blogger from Scotland, shares her weekly spending diary.
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US Supreme Court wary of removing tech firms' legal shield
A bereaved family accuses YouTube of abetting a terrorist group by recommending its videos to users.
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Microsoft defends $69bn Activision deal
Opponents, including Sony, challenged the proposal at an EU hearing held behind closed doors.
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British Steel to cut jobs amid fears for industry
The Chinese-owned firm will cut 300 jobs at its Scunthorpe plant.
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Pret A Manger to scrap smoothies, frappes and milkshakes
It means customers paying £25 a month for a subscription will have fewer drinks to choose from.
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Royal Mail overseas services return to post offices
Royal Mail says most international mail after a cyber attack.
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Fruit and veg shortage set to continue for weeks
Fresh produce is likely to be missing from shop shelves for several weeks, according to industry sources.
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Monday, February 20, 2023
Councils get more funds for vulnerable households
The Household Support Fund goes to local authorities in England to help those struggling the most.
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Twitter to charge users for text-message authentication
Elon Musk said Twitter was being "scammed" by phone companies over fake authentication-text costs
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Russia's economy shrinks by less than expected
Despite widespread sanctions, the country's economy fared better last year than many analysts forecast.
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Tesco boosts staff pay by a further 7%
The supermarket has raised its workers' pay three times in the the last 10 months.
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Sunday, February 19, 2023
Afghanistan: Taliban to turn ex-military bases into special economic zones
The first sites will be in Afghanistan's capital, Kabul and the northern province of Balkh.
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Bus cuts: How a city's bus service was quietly cut in half
Britain's bus network has shrunk by 14%, but some places have been harder hit, BBC analysis finds.
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The race across Europe to build green steel plants
A project is under way in northern Sweden which will drastically cut CO2 emissions in making steel.
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Strikes update: How Monday 20 February’s walkouts will affect you
What you need to know about ambulance and Border Force workers' strikes, by the BBC's Zoe Conway.
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Brexit: What can we expect from a deal on NI Protocol?
With talk of an agreement as early as next week, what could the UK-EU compromise look like?
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Co-op cuts best before dates from 150 fruit and veg products
Shoppers will be asked to use their judgement as to whether fruit and veg has gone off.
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Friday, February 17, 2023
Amazon calls staff back to office three days a week
The firm joins a slew of other companies that are tightening remote work rules.
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Manchester United: Sheikh Jassim confirms Qatari bid to buy Premier League club
Sheikh Jassim bin Hamad Al Thani, the chairman of one of Qatar's biggest banks, confirms his foundation will bid to buy Manchester United.
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US food sanitation firm fined after children worked nights
More than 100 teenagers, ages 13-17, worked for a sanitation company, the Department of Labor says.
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Transpennine: True extent of cancellations revealed
The rail franchise pulled far more trains than any other operator, figures released by the regulator show.
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Bus £2 fare cap extended for three months
The government support comes after warnings hundreds of services could be cut if funding ended.
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Purplebricks: Struggling online estate agent puts itself up for sale
The online estate agent launches a strategic review as it expects to lose up to £20m this year.
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Thursday, February 16, 2023
What's the cheapest way to stay warm in bed?
How could you keep warm at night for the lowest cost?
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Man Utd sale: Qatari bid for Old Trafford club expected as deadline approaches
As Friday's deadline approaches, who will join Sir Jim Ratcliffe in submitting a bid to buy Manchester United?
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Tesla recalls 363,000 cars over self-driving software
US safety officials say the system allows cars to act "unsafe" around intersections.
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Strikes Update: How Friday 17 February’s walkouts will affect you
What you need to know about Border Force and ambulance workers' strikes.
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Tesla accused of firing workers over union campaign
Labour organisers say the firings of more than 30 staff were illegal retaliation.
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KitKat maker Nestle to raise prices again
It comes after the world's biggest food company increased its prices by 8% last year.
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Wednesday, February 15, 2023
Australia: Vegan milk recalled in New South Wales over botulism case
Regulators have recalled the Inside Out Unsweetened Almond Milk in New South Wales.
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US-China chip war: ASML says China employee stole data
Leading chip equipment maker ASML says it reported the breach to Netherlands and US authorities.
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Is Disney's magic spell wearing off?
Under pressure to boost profit, Disney is doing what has worked for 100 years: rebooting the classics.
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Flybe: Administrators unable to find buyer after collapse
Administrators confirm that rescue talks have ended without a deal for the troubled airline.
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David Malpass: World Bank leader who was called climate denier quits
The White House has called for reforms to make the World Bank more responsive to climate issues.
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McDonald's puts up prices on five menu items
The fast food chain says rising food and energy costs mean its prices are going up.
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Tuesday, February 14, 2023
United flight 1722: US to investigate Boeing 777's mysterious nosedive
Passengers reportedly screamed as the flight from Hawaii plunged 1,400ft before the plane recovered.
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Huel: Shake firm's adverts banned for being misleading
Adverts implied that Huel meal replacement shakes saved people money, watchdog says.
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Tesla workers launch union campaign
Tesla boss Elon Musk has opposed unionisation efforts in the past.
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Air India in record order for new planes
The airline orders a total of 470 aircraft from Airbus and Boeing as it targets a major expansion.
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US inflation stays high as housing costs bite
Consumer prices rose 6.4% in the 12 months to January, the Labor Department says.
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The Dutch twins shaking up the UK drinks industry
Joyce and Raissa De Haas, who founded Double Dutch drinks, explain the power of twins in business.
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Monday, February 13, 2023
Lilt drink brand to be scrapped after 50 years and rebranded
Owner Coca Cola is rebranding the soft drink as Fanta Pineapple & Grapefruit.
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Brexit hit UK investment by £29bn, says Bank of England policymaker
Jonathan Haskel says leaving the EU has caused a "productivity penalty" of £1,000 per household.
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London bus strikes: Dispute ends after drivers accept pay increase
Abellio London workers have been holding a series of strikes over recent months.
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Amazon: Unionised Coventry workers announce strike escalation
Workers at a Coventry distribution centre became the first UK Amazon employees to strike last month.
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Renters leave London at highest rate in decade, research shows
Many people in their mid to late 30s are moving to neighbouring counties and the Midlands.
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Heathrow records busiest start to year since Covid
The airport says some 5.4 million passengers passed through its terminals in January.
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Sunday, February 12, 2023
Net zero targets 'may mean higher taxes'
Economist Lord Stern says public and private investment is needed to reach climate goals by 2050.
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Mars Wrigley factory fined after two workers fall into chocolate vat
Two workers were rescued when a hole was cut in the bottom of a partly-full Mars Wrigley chocolate tank.
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Saturday, February 11, 2023
Why are BP, Shell, and other oil giants making so much money right now?
Oil and gas producers are making billions while bills soar. Should governments tax them more?
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New rail strikes ballot to start soon - RMT's Mick Lynch
Mick Lynch says the union will keep talking to rail firms, after it rejected an offer on pay on Friday.
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Plans to dim City of London's skyscrapers to save energy
The City of London Corporation plans curfew times for new developments to switch off or dim lights.
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Friday, February 10, 2023
Diabolical HMRC service hurts economy - accountants
A leading accountants' group claims that understaffing is causing delays for companies.
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Cost of living: My mortgage deal is ending - what are my options?
Nearly two million households will see their mortgage deal end this year, so what should they think about?
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RMT union rejects latest offers in rail dispute
The union calls the offers from both Network Rail and the train operating companies "dreadful".
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AstraZeneca: Jeremy Hunt 'disappointed' by drugs firm's low tax move
AstraZenaca chose Republic of Ireland for £320m factory because of the UK's "discouraging" tax rate.
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Tech layoffs: Yahoo to slash 20% of its workforce
Yahoo adds to the growing list of tech companies cutting jobs as consumer and corporate spending shrink.
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Energy bills extra support ruled out by Chancellor
Jeremy Hunt says the government does not "have the headroom" to give household additional help.
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Thursday, February 9, 2023
Kanye West: Adidas warns of losses from Yeezy fallout
The sportswear giant cut ties with the rapper and designer, known as Ye, over anti-Semitic comments.
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Droughts leave cargo riverboats high and dry
Falling river levels are affecting the use of cargo riverboats around the world.
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Rental evictions almost double in run-up to Christmas
Data reveals 5,409 people were evicted by landlords between October and December, leaving some in "despair".
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Adani: How the billionaire's empire lost $100bn in days
The business tycoon has seen billions wiped off his wealth after a US investment firm's scathing report.
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Wednesday, February 8, 2023
Disney to cut 7,000 jobs in major shake-up of firm
The cuts come as boss Bob Iger presented his set of financial figures since his shock return to the firm.
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Twitter outage sees users told they are over daily tweet limit
Some users reported being notified they were over the tweet-per-day limit, even if they had not posted.
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Biden agenda clashes with reality of divided Congress
President Joe Biden may not be out of ideas. But he might be out of time.
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NFT images of furry Birkin bags violated trademark rules
Hermes, which owns the brand, has won a landmark case against an artist who created NFTs of the famous bag.
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Hundreds face job cuts at Nationwide building society
Nationwide Building Society, which has its headquarters in Swindon, is due to cut 450 staff.
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UK regulator opposes Microsoft deal to buy Activision
The Competition and Markets Authority says it would lead to higher prices and fewer choices for gamers.
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Tuesday, February 7, 2023
US-China trade hits record high despite rising tensions
Imports and exports between the world's two biggest economies totalled more than $690bn last year.
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UK economy likely to avoid recession - think tank
The National Institute of Economic and Social Research predicts the economy to grow marginally in 2023.
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Microsoft unveils new Bing with ChatGPT powers
Bing will now have "answer" and "chat" options in search using the latest in artificial intelligence.
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Civil servants set to strike on Budget day
The PCS union plans a second walkout as the row with the government over pay escalates.
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Cost of living: Big banks' bosses defend savings rates and branch closures
The bosses of Lloyds, NatWest, HSBC and Barclays said deals had improved as savers shopped around.
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Warning hundreds of England bus services face cuts
Up to 15% of services could be scrapped in the coming weeks if government funding is not renewed, an industry body
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Monday, February 6, 2023
Trial of scrapping train return tickets extended
The transport secretary will explain how tickets can be simpler for passengers in a speech on Tuesday.
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South Africa's power cuts hit vineyards: No power, no pinot
The country's worst-ever energy crisis lead to fears for South Africa's wine industry.
from BBC News - Business https://ift.tt/zi81c...
Digital pound likely this decade, Treasury says
The Treasury and Bank of England will formally start a consultation for the digital currency, on Tuesday.
from BBC News - Business https://ift.tt/CoiwM...
Google launches ChatGPT rival called Bard
The tech giant says its new Artificial Intelligence-powered chatbot will roll out in the coming weeks.
from BBC News - Business https://ift.tt/nQvh6...
How the nurses' strike on Tuesday 7 February will affect you
What you need to know about strikes by nurses by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/HIVvM...
Prepayment meters: Magistrates told to stop allowing forced installations
Magistrates have been told to stop authorising warrants for energy firms to forcibly install prepayment meters.
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M&Co: Renfrewshire clothing chain to close all 170 stores
The Scottish company, which used to be known as Mackays, employs almost 2,000 people across the UK.
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Sunday, February 5, 2023
Britishvolt set to be bought by Australian firm
Recharge Industries has been named as the preferred bidder for the collapsed UK battery start-up.
from BBC News - Business https://ift.tt/2jv04...
Has the Brexit fishing promise come true?
Boris Johnson said his Brexit deal would mean lots of extra fish caught in the UK - has this happened?
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Cost of living: Call for better pension saving deal for young and low-paid
Current rules disproportionately affect young and ethnic minority workers, a think tank says.
from BBC News - Business https://ift.tt/fnWM6...
How NHS strikes on Monday 6 February will affect you
What you need to know about strikes by nurses and ambulance workers by the BBC's Zoe Conway.
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Saturday, February 4, 2023
Farewell radiators? Testing out electric infrared wallpaper
Pilots are being run around the UK to see if electric wallpaper could be an efficient way to heat homes.
from BBC News - Business https://ift.tt/mPHtK...
Energy firms given Tuesday deadline for prepayment meter action
Business Secretary Grant Shapps said energy firms need to refocus their efforts on customers who had prepayment meters forcibly installed
from BBC News - Business https://ift.tt/73CNs...
Courts waved through warrants for prepayment meter fitting
Magistrates told it is "irrational" not to grant applications by energy suppliers, leaked document shows.
from BBC News - Business https://ift.tt/P2g7D...
Friday, February 3, 2023
Twitter: Number of staff suing goes up daily - lawyer
One former senior manager tells the BBC the treatment of workers by Elon Musk was "unjustifiable".
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Energy bills: Magistrate quits over force-fitting meter warrants
Robin Cantrill-Fenwick says courts are "rubber stamping" warrants that allow energy firms into homes.
from BBC News - Business https://ift.tt/eAoPq...
FTSE 100 closes at record high
The stock index, which has risen on a global rally, jumps as the pound drops against the dollar.
from BBC News - Business https://ift.tt/tkAPC...
Fraud claims against Adani group spark political row in India
Indian opposition leaders demand an investigation into the Adani Group amid allegations of financial fraud.
from BBC News - Business https://ift.tt/C3aIn...
Energy bills: What can I do if I can't afford to pay?
If you're struggling to afford your gas and electricity bills, what options are available?
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Steven Bartlett: Firm founded by Dragons' Den star to sell for £7.7m
Social media agency Social Chain, founded by Steven Bartlett in Manchester, is set to be sold.
from BBC News - Business https://ift.tt/BR8NY...
Thursday, February 2, 2023
Strikes Update: How Friday 3 February’s strike will affect you
With train drivers in England on strike and teachers walking out in Scotland, what do you need to know?
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Royal Mail workers to strike again on 16 February
Around 115,000 postal workers will walk out for 24 hours in a row over pay and conditions, says the CWU.
from BBC News - Business https://ift.tt/A5l4Q...
Adani: How the billionaire's empire lost $100bn in days
The business tycoon has seen billions wiped off his wealth after a US investment firm's scathing report.
from BBC News - Business https://ift.tt/AFrq3...
UK to see shorter recession, says Bank of England
The slump is now expected to last just over a year rather than almost as two years.
from BBC News - Business https://ift.tt/uEdbX...
The trucks ditching diesel and drivers
From addressing the climate emergency to the shortage of HGV drivers, is this the future?
from BBC News - Business https://ift.tt/lwnru...
Mobile phone fraud: 'They stole £22,500 using my banking app'
Banks are being caught off guard by the growing threat of mobile phone fraud, says charity the Fraud Advisory Panel.
from BBC News - Business https://ift.tt/76NPl...
Wednesday, February 1, 2023
ChatGPT firm trials $20 monthly subscription fee
The chatbot has been used millions of times since its public launch last year.
from BBC News - Business https://ift.tt/HmUC2...
Adani calls off share sale after price plunges
Gautam Adani, one of Asia's richest people, has seen his firms lose more than $90bn in market value.
from BBC News - Business https://ift.tt/4espC...
EU takes on US as tries to win electric car battle
The move comes after the US announced big investments in climate friendly technology.
from BBC News - Business https://ift.tt/9Ami4...
British Steel considering 800 job cuts in Lincolnshire
The plans, which have not been formally submitted, come as the firm struggles with high energy prices.
from BBC News - Business https://ift.tt/hFZJG...
HSBC staff get a uniform of jumpsuits and jeans
The shift to casual wear for the bank's UK branch staff comes after BA unveiled jumpsuits for cabin crew.
from BBC News - Business https://ift.tt/pcYTH...
