The wealthy owners of Purdue Pharma will be protected in exchange for a multi-billion dollar settlement.
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Wednesday, May 31, 2023
Air New Zealand weighing passengers before flying
The airline says it is required to know the average weight of everything on board to improve fuel efficiency.
from BBC News - Business https://ift.tt/iQKq4...
CBI president in early exit as lobby giant fights to survive
Brian McBride is to step down earlier than planned after the body was rocked by allegations of misconduct.
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ArrDee: Alcohol adverts featuring rapper banned by watchdog
The regulator said the advert for Litty Liqour was "likely to encourage excessive consumption of alcohol".
from BBC News - Business https://ift.tt/pfw3E...
Disruption as fresh wave of train strikes begins
Train drivers will walk out on Wednesday, with further strikes planned for Friday and Saturday.
from BBC News - Business https://ift.tt/bfp6V...
Tuesday, May 30, 2023
Elon Musk: Tesla boss on first China trip in over three years
The multi-billionaire has not yet publicly commented on the visit, which comes amid US-China tensions.
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Nvidia hits $1tn valuation as investors buy AI buzz
Investors excited about the possibilities for artificial intelligence have sent the US chipmaker's value soaring.
from BBC News - Business https://ift.tt/jXqcy...
Train strikes: How drivers' walkout on Wednesday will affect you
What you need to know about the walkout by Aslef train drivers, by the BBC's Zoe Conway.
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Asda buys petrol station group EG for £2.3bn
The deal combines two businesses that are both already owned by the billionaire Issa brothers.
from BBC News - Business https://ift.tt/t3ALO...
Monday, May 29, 2023
Foxconn: iPhone maker hikes pay ahead of new model launch
Foxconn's move comes ahead of the expected launch of Apple's iPhone 15 later this year.
from BBC News - Business https://ift.tt/BMsqe...
Amazon to offer parents term-time-only working
The online giant is offering a flexible contract but the GMB union says workers want higher pay.
from BBC News - Business https://ift.tt/4UCiS...
Elizabeth Holmes is going to prison. Will she ever pay victims too?
Experts say victims often never get their money back from those who defrauded them.
from BBC News - Business https://ift.tt/tbk4C...
Supermarket price rises hit new high in May
Fresh produce prices are lower but coffee and chocolate as well as non-food items lift inflation.
from BBC News - Business https://ift.tt/basRu...
Capita hack: 90 organisations report data breaches to watchdog
The privacy watchdog is urging groups using the outsourcing giant to check if data has been exposed.
from BBC News - Business https://ift.tt/wPxN7...
Sunday, May 28, 2023
FTX: Singapore state fund Temasek cuts pay after failed investment
Last year, Temasek Holdings wrote off all of the $275m (£222.8m) it had invested in FTX.
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Mars bar plastic wrapper swapped for paper
Mars trials environmentally friendly paper wrappers for some of its chocolate bars.
from BBC News - Business https://ift.tt/LwoYF...
How prosperity fuels dowry demand in India
Researchers studied 74,000 marriages that took place in India between 1930 and 1999.
from BBC News - Business https://ift.tt/ou34P...
Who is Linda Yaccarino, Twitter's 'superwoman'?
Can new chief executive Linda Yaccarino fix Twitter?
from BBC News - Business https://ift.tt/l1T8t...
Saturday, May 27, 2023
Plans for supermarket price cap on basic food
Prices on products like bread, milk and sugar could be capped under a voluntary scheme.
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Twitter pulls out of voluntary EU disinformation code
"You can run but you can't hide," commissioner Thierry Breton warns Twitter over upcoming rules.
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JP Morgan CEO Jamie Dimon deposed over bank's Jeffrey Epstein ties
Two lawsuits accuse the bank of ignoring signs it was profiting from the long-standing relationship.
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Friday, May 26, 2023
Post Office used racist terms for sub-postmasters in official guidance
A document shows racist language was used to describe sub-postmasters being wrongly investigated.
from BBC News - Business https://ift.tt/w2xRr...
Nvidia: The chip maker that became an AI superpower
Innovation and good timing combined to make California's Nvidia the dominant firm for AI computer chips.
from BBC News - Business https://ift.tt/CxfgI...
Cadbury Flake too crumbly for 99s, say ice cream sellers
Cadbury Flake makers' Mondelēz International say action is being taken to address the crumbly issue.
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ChatGPT-maker U-turns on threat to leave EU over AI law
OpenAI's Sam Altman previously said if it fails to comply with the forthcoming AI Act, it might exit the EU.
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Thursday, May 25, 2023
US Congress closing in on debt ceiling deal - reports
Negotiators are said to be nearing a possible deal, US media reports, ahead of a holiday weekend.
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Neuralink: Elon Musk's brain chip firm says US approval won for human study
The billionaire's Neuralink implant company wants to help restore people's vision and mobility.
from BBC News - Business https://ift.tt/Pb4fC...
Nationwide building society to raise mortgage rates
Britain's biggest building society says it is putting up rates due to the current economic climate.
from BBC News - Business https://ift.tt/QG3EW...
British Airways cancels 40 flights due to another IT issue
The carrier says it is trying to resolve "technical issues” that have affected flights at Heathrow.
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Pets at Home chain plans to open 40 new stores
The chain said the rise in home working was inspiring more people to buy pets.
from BBC News - Business https://ift.tt/xz9qG...
Firstsource: Job loss fears in Belfast and Londonderry
Firstsource has initiated a redundancy process due to the 'changing priorities' of its client Sky.
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Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
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Wednesday, May 24, 2023
Expected energy price cap cut will see bills fall
The regulator will soon confirm the change, which is likely to knock £450 off a typical annual bill.
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'Each time we strike more workers join the picket'
Workers at an Amazon warehouse in Coventry are on strike for the 15th day this year.
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Minister attacks Meta boss over Facebook message encryption plan
Minister Tom Tugendhat criticises Mark Zuckerberg over Facebook's extension of message encryption.
from BBC News - Business https://ift.tt/phdrH...
Cathay Pacific fires cabin crew over discrimination claim
The incident apparently took place on a Sunday flight from the Chinese city of Chengdu to Hong Kong.
from BBC News - Business https://ift.tt/IX0yK...
Tuesday, May 23, 2023
Virgin Orbit: Branson’s space mission ends after rocket failure
The announcement that Virgin Orbit has shut down comes just months after a major launch failure.
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Formula 1: Honda to return as Aston Martin engine partner in 2026
Honda will return to Formula 1 in 2026 as engine partner for the Aston Martin team.
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Chip war: Apple strikes major US-made semiconductor deal
The move comes as a trade row centred on the tech industry intensifies between Washington and Beijing.
from BBC News - Business https://ift.tt/wWleI...
Why car parks are the hottest space in solar power
Car parks are a good place for solar panels, providing shade and electricity where it is needed.
from BBC News - Business https://ift.tt/nxRLz...
Meta loses millions as made to sell Giphy to Shutterstock
Social-media giant Meta was ordered to sell Giphy by the UK's Competition and Markets Authority.
from BBC News - Business https://ift.tt/jzeyG...
Shell AGM: Climate activists storm shareholder meeting
Protesters rush the stage at the oil giant's annual general meeting in London over climate plans.
from BBC News - Business https://ift.tt/zIdp7...
Indian banks start exchanging withdrawn 2,000-rupee notes
The 2,000-rupee notes have been withdrawn, sparking concerns and confusion.
from BBC News - Business https://ift.tt/ES9t2...
Monday, May 22, 2023
Bird flu: Brazil declares animal health emergency after several cases found
The country is the world's largest exporter of chicken meat, and wants to stop the virus spreading.
from BBC News - Business https://ift.tt/92eh8...
WhatsApp to allow users to edit messages within 15 minutes
The instant-messaging service, which is used by 2 billion people, counts India as its largest market.
from BBC News - Business https://ift.tt/4itPz...
TikTok sues Montana to overturn first US state ban
The western state last week became the first in the US to ban the hugely-popular video platform.
from BBC News - Business https://ift.tt/FplOt...
Train wi-fi at risk as part of cost-cutting move
The government says wi-fi is not a priority for passengers, but one expert claims trains could lose custom.
from BBC News - Business https://ift.tt/twzbM...
Ryanair returns to profit as fares jump
The airline benefits as travel demand rebounds and one expert warns fares are set to rise further.
from BBC News - Business https://ift.tt/GmWZe...
Sunday, May 21, 2023
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
The president flies home from the G7 summit amid hopes of a deal with top Republican Kevin McCarthy.
from BBC News - Business https://ift.tt/sayIp...
China bans major chip maker Micron from key infrastructure projects
It is China's first major move against a US chip maker, as tensions increase between Beijing and Washington.
from BBC News - Business https://ift.tt/Kckal...
Why food bills aren't shrinking - five things to know
Prices in the shops remain much higher than a year ago, despite falls in energy and food costs.
from BBC News - Business https://ift.tt/VEPNi...
CBI banned alcohol-only events after staff party, says ex-chief
Former boss Dame Carolyn Fairbairn says she took action following poor behaviour at the event.
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Government rules out more help on energy bills
The price cap on gas and electricity is set to fall, but at about £2,000 remains historically high.
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Saturday, May 20, 2023
Mortgage deals: Five new products aiming to beat interest rates rise
As interest rates rise, some lenders are offering no-deposit mortgages and removing the "stress test".
from BBC News - Business https://ift.tt/vimLG...
Energy bills predicted to fall from July by nearly £450
Ofgem is poised to announce a cut in its price cap next week, according to an energy consultancy firm.
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Friday, May 19, 2023
Finance delays for divorcing teachers and NHS staff as pensions recalculated
Both current and retired staff face "a severe and drastic impact" from the delays, say solicitors.
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G7 Summit: Africa seeks new role as nations eye its resources
As wealthy nations compete, Africa wants to keep more of the benefits from its natural resources.
from BBC News - Business https://ift.tt/52ac0...
Flooding: Toilet bungs and other prevention measures to save homes
A campaign will urge homeowners to consider simple measures to save costs and heartache from flooding.
from BBC News - Business https://ift.tt/0fqkA...
Network Rail says infrastructure will get less reliable
Extreme weather and rising costs are stretching the budget for maintaining rail infrastructure.
from BBC News - Business https://ift.tt/GOaE0...
Will a Russian diamond ban be effective?
Countries in the G7 bloc want to be able to trace the gemstones to block Russian exports.
from BBC News - Business https://ift.tt/NTls7...
Multi-billion pound JLR gigafactory looks set for UK site
Talks between the government and Tata Jaguar Land Rover are believed to be at an advanced stage.
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Thursday, May 18, 2023
Could a US debt default unleash global chaos?
The BBC examines four ways you could be affected if the US fails to reach a deal on its debt.
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'We are selling a product that we hope gets discontinued'
The firms aiming to help eradicate invasive species by making commercial use of them.
from BBC News - Business https://ift.tt/9dMcl...
Disney scraps $867m Florida plan amid Ron DeSantis feud
The company makes the decision amid an escalating legal battle with Florida Governor Ron DeSantis.
from BBC News - Business https://ift.tt/zgKw0...
Train strikes: New RMT walkout means three strikes in four days
Members of the RMT union will strike on Friday 2 June in a national dispute with 14 train companies.
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Asda consults on cutting pay for 7,000 workers
The supermarket chain says it is consulting on whether higher pay for some employees "makes sense".
from BBC News - Business https://ift.tt/4iLRJ...
Industrial estate firms hit by 400% energy price hike
Small firms on Lydney industrial estate have cut production to cope with spiralling costs.
from BBC News - Business https://ift.tt/MJm68...
BT to cut up to 55,000 jobs by end of decade
The telecoms giant is to cut its workforce by up to 55,000 by the end of the decade.
from BBC News - Business https://ift.tt/XuF8P...
Wednesday, May 17, 2023
Elon Musk: I will say what I want even if it costs me
Twitter's owner has been criticised for spreading disinformation and conspiracy theories online.
from BBC News - Business https://ift.tt/MqWSY...
TikTok: Montana to become first US state to ban app on personal devices
The Chinese-owned platform said the ban "infringes on the First Amendment rights of the people of Montana".
from BBC News - Business https://ift.tt/dXr0L...
Food bank uses tech to plug donation shortfall
Soaring demand means food banks have to buy groceries - but tech is being used to target donations.
from BBC News - Business https://ift.tt/YVNXC...
Legend of Zelda game sells 10 million copies in three days
Tears of the Kingdom becomes the fastest-selling game in the Legend of Zelda franchise.
from BBC News - Business https://ift.tt/hU5LI...
Purplebricks snapped up by rival Strike for £1
The online estate agent agrees a deal to sell its business and assets to rival Strike for the token sum of £1.
from BBC News - Business https://ift.tt/p7iv9...
Tuesday, May 16, 2023
Ex-Apple engineer accused of stealing self-driving car secrets
The 35-year-old suspect allegedly downloaded large amounts of data before fleeing to China.
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US debt ceiling: Biden and Republicans hopeful of a deal
House Speaker Kevin McCarthy says the two sides are far apart but an agreement is possible this week.
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Vauxhall-maker says UK needs to change its Brexit deal
Vauxhall-maker Stellantis is calling on the government to renegotiate some Brexit rules or risk losing UK operations.
from BBC News - Business https://ift.tt/SUOKl...
Two poultry workers test positive for bird flu
The cases in England were found during screening and there is no sign of human-to-human transmission.
from BBC News - Business https://ift.tt/0wGyx...
Bank of England chief economist sorry for 'inflammatory' comment
Huw Pill says he regrets saying people should get used to being poorer or risk high inflation.
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Teachers and nurses dragged into higher taxes, warns think tank
The Institute for Fiscal Studies warns a freeze on income tax thresholds will hit middle earners.
from BBC News - Business https://ift.tt/lLNMU...
Eurovision: Liverpool event better than we imagined, businesses say
Businesses in Liverpool celebrate a bumper two weeks thanks to an influx of visitors for Eurovision.
from BBC News - Business https://ift.tt/h0CbV...
Monday, May 15, 2023
Supermarkets investigated over food and fuel prices
The competition watchdog will look at whether a failure in competition means customers are overpaying.
from BBC News - Business https://ift.tt/fIlA0...
Microsoft's Activision takeover approved by EU after UK veto
The proposed $69bn acquisition of Activision is splitting global regulators over competition concerns
from BBC News - Business https://ift.tt/dKL5v...
Center Parcs owner Brookfield puts holiday chain up for sale
The private equity owner of the resort firm wants to sell the business for up to £5bn.
from BBC News - Business https://ift.tt/9cXQJ...
Engineering giant Wood sees off takeover interest from investment firm
Apollo Management Holdings announced it will not make a formal bid for the Aberdeen-based firm.
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Percy Pig ice cream renamed after 'polite' M&S request
Fabio Vincenti is now considering alternative names for his pig-based treat.
from BBC News - Business https://ift.tt/AaPEw...
Sunday, May 14, 2023
Scrap tax on sunscreen, say cancer charities
Cancer experts want VAT removed to make sun creams more affordable in the cost-of-living crisis.
from BBC News - Business https://ift.tt/YgTnt...
AI creator on the risks, opportunities and how it may make humans 'boring'
AI boss on the future of artificial intelligence and what will happen if computers become more clever than humans.
from BBC News - Business https://ift.tt/k2vmD...
Saturday, May 13, 2023
Pat Cullen: Nursing union calls for double-digit pay rise to restart talks
Union boss Pat Cullen urges ministers to reopen pay talks in England after her members rejected a 5% offer.
from BBC News - Business https://ift.tt/cg29o...
Is the UK too late to beat the US in the global trade war?
The US is offering huge incentives to electric car firms, but the UK risks falling behind.
from BBC News - Business https://ift.tt/hCiZx...
Friday, May 12, 2023
Skipton: Will deposit-free mortgages help budding first-time buyers?
Will Skipton Building Society's deposit-free deal help those hoping to buy in the lender's home town?
from BBC News - Business https://ift.tt/lho0D...
Linda Yaccarino leaves NBCUniversal amid Twitter talk
The move follows Elon Musk's announcement that he has found a new person to lead Twitter.
from BBC News - Business https://ift.tt/3qLYQ...
Thursday, May 11, 2023
Peloton recalls 2 million bikes over injury risk
It is the second major recall for the bike company which soared to popularity during the pandemic.
from BBC News - Business https://ift.tt/l8LqV...
Elon Musk says he has appointed new Twitter boss
The billionaire has been under pressure to name someone else to lead the company and focus on his other firms.
from BBC News - Business https://ift.tt/1G7yD...
New York City passes law barring weight discrimination
America's largest city joins a movement to make size a protected trait on par with race and gender.
from BBC News - Business https://ift.tt/Wh8AH...
What has TransPennine Express's record actually been?
After a period of disruption, we examine how the company has been performing before its contract ends.
from BBC News - Business https://ift.tt/70H2P...
Adidas to sell Yeezy shoes and donate proceeds
The sportswear giant has about 1.2bn euros of Yeezy shoes sitting in storage.
from BBC News - Business https://ift.tt/r16bm...
Leasehold system won't be abolished by government this year
Housing Secretary Michael Gove has previously promised to scrap the "unfair" system in England and Wales.
from BBC News - Business https://ift.tt/z96HQ...
Wednesday, May 10, 2023
India's Russia oil imports jumped tenfold in 2022, bank says
The country saved $5bn as it ramped up oil purchases from Moscow following Western sanctions on Russia.
from BBC News - Business https://ift.tt/xvAMW...
Renewable energy projects worth billions stuck on hold
Major renewable energy projects being delayed by more than 10 years as grid reaches capacity.
from BBC News - Business https://ift.tt/EgK8d...
Warning UK losing £2,300 per minute to fraud
Bank industry group UK Finance calls for tech firms to help reimburse fraud victims.
from BBC News - Business https://ift.tt/bHzR8...
Vodafone 3G turn-off sparks internet access fears
The network is to begin a UK-wide shutdown of its 3G network in June so it can invest more in 4G and 5G.
from BBC News - Business https://ift.tt/sdWpw...
How worried should I be about the US economy?
Bank failures, job cuts and a stalled out stock market - is the world's largest economy in trouble?
from BBC News - Business https://ift.tt/odJmh...
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
from BBC News - Business https://ift.tt/bo3JB...
Tuesday, May 9, 2023
The debt ceiling saga explained - in under 90 seconds
Will the US government run out of money? Here's what's at stake politically and economically.
from BBC News - Business https://ift.tt/jA2Hy...
Briton pleads guilty in US to 2020 Twitter hack
It was probably the most high-profile hack in social media history, hitting dozens of famous accounts.
from BBC News - Business https://ift.tt/fybAc...
Longer lorries to be allowed on Britain's roads
More goods can be carried in fewer trips, says government, but campaigners have safety concerns.
from BBC News - Business https://ift.tt/oTL5m...
Goldman Sachs to pay $215m in sex discrimination case
The bank will pay a "substantial" sum after facing claims it underpaid female staff in the US.
from BBC News - Business https://ift.tt/6rwZV...
Ryanair signs $40bn deal for 300 Boeing aircrafts
Ryanair agrees a deal which will see it purchase up to 300 aircraft over the next decade.
from BBC News - Business https://ift.tt/DrJqI...
Will the US default on debt on 1 June? A really simple guide to debt ceiling
The US government could start to run out of money within weeks - how did we get to this point?
from BBC News - Business https://ift.tt/3KuLo...
Is Congress playing a high stakes game of political chicken?
The US is at the risk of actually hitting its debt limit and causing a global economic catastrophe.
from BBC News - Business https://ift.tt/UAhPa...
Monday, May 8, 2023
Tech layoffs: LinkedIn cuts 700 jobs and phases out China
The careers site is the latest tech company to announce major job cuts.
from BBC News - Business https://ift.tt/lOHRn...
Apple co-founder says AI may make scams harder to spot
Silicon Valley veteran tells the BBC he thinks AI creations should be clearly labelled.
from BBC News - Business https://ift.tt/ABzek...
Can a wind turbine handle hurricane speed winds?
As wind farms expand into new areas they will need to withstand extreme wind speeds.
from BBC News - Business https://ift.tt/Y4jkm...
Royal Mail boss expected to resign within weeks
Simon Thompson is said to be in talks after a bitter union dispute and after he was accused of misleading MPs.
from BBC News - Business https://ift.tt/vWwRd...
Sunday sunshine helps Coronation pub takings
One pub chain says sales on Sunday had been "really, really strong" as hospitality firms hope for a boost.
from BBC News - Business https://ift.tt/M4zJi...
Sunday, May 7, 2023
India: What the smartphone market tells us about its economy
Samsung and Apple have increased their market share and revenues as cheaper rivals see sales slow.
from BBC News - Business https://ift.tt/Zvwiz...
Janet Yellen: US treasury secretary warns of debt ceiling 'catastrophe'
The US treasury secretary warns Congress it must act to raise the country's borrowing limit.
from BBC News - Business https://ift.tt/0D4ev...
Horizon scandal: Post Office boss to pay back part of bonus
Nick Read has admitted last year's accounts contained an "incorrect statement" about work done for the Horizon Inquiry.
from BBC News - Business https://ift.tt/U30ZR...
Tata Steel warns of uncertainty over future of UK business
The steelmaker is seeking government support to help switch away from coal-fired blast furnaces.
from BBC News - Business https://ift.tt/5DpEU...
Ex-Uber security chief sentenced over covering up hack
Joseph Sullivan was convicted over covering up a security breach of 57 million user accounts in 2016.
from BBC News - Business https://ift.tt/1MEhg...
Shell selling stake in controversial Cambo oil field
The project - west of Shetland - is the second-largest undeveloped discovery in the UK's North Sea.
from BBC News - Business https://ift.tt/G0in9...
Friday, May 5, 2023
CBI hires ethics consultancy to overhaul culture
The business lobby group appoints advisors to try to salvage its reputation as police investigate rape claims.
from BBC News - Business https://ift.tt/ehuqy...
Bunting, biscuits, beer - Brits spend on Coronation
The public is on course to shell out £200m on food and drink this weekend, one retail body predicts.
from BBC News - Business https://ift.tt/g2Xmv...
US job creation robust despite banking crisis
Employers in the US added 235,000 jobs in April as the labour market held up better than expected.
from BBC News - Business https://ift.tt/lhImN...
Banks warn of big increase in online scams
Barclays said 77% of scams are now happening on social media, online marketplaces and dating apps.
from BBC News - Business https://ift.tt/eKU06...
Yorkshire's independent brewers in battle to survive 'perfect storm'
Independent brewers in Yorkshire react to news that one of their famous counterparts is in trouble.
from BBC News - Business https://ift.tt/wqFLo...
Thursday, May 4, 2023
Go First: What went wrong with Indian airline?
The budget airline filed for bankruptcy protection earlier this week.
from BBC News - Business https://ift.tt/cCxHs...
Can Morocco solve Europe’s energy crisis?
Morocco plans to send renewable energy to Europe, but some want it to save it for its home market.
from BBC News - Business https://ift.tt/rpMvw...
British Gas to stop using contractors to force-fit prepayment meters
The change follows an outcry after agents working for British Gas broke into the homes of vulnerable people.
from BBC News - Business https://ift.tt/AJozC...
US bank seeks buyer as confidence crisis spreads
PacWest is the latest mid-sized bank to search for financial help as confidence in the sector falls.
from BBC News - Business https://ift.tt/NHWjx...
Covid: China tourism rebounds above pre-pandemic levels
Domestic travel in the country jumped sharply during the five-day May Day break.
from BBC News - Business https://ift.tt/gQiWb...
Wednesday, May 3, 2023
Credit Suisse: Asia investors sue Switzerland over bank collapse
Investors are suing the Swiss government over its handling of the takeover of Credit Suisse.
from BBC News - Business https://ift.tt/rAjK4...
Sir Richard Branson thought 'we were going to lose everything' in pandemic
Sir Richard Branson says the pandemic left his businesses near collapse and him "a little depressed".
from BBC News - Business https://ift.tt/wgvBD...
Biden pick Ajay Banga gets top World Bank job
Ajay Banga takes over as the anti-poverty lender faces pressure to do more to tackle climate change.
from BBC News - Business https://ift.tt/72Fjs...
Fed raises US interest rates to highest in 16 years
The US central bank announces its tenth rate rise, while signalling it may be the last increase for now.
from BBC News - Business https://ift.tt/3C1nb...
Coca-Cola supplies could be hit by strike - union
Workers at Europe's biggest soft drinks factory in Wakefield are balloted over industrial action.
from BBC News - Business https://ift.tt/VonRw...
Tuesday, May 2, 2023
India's Go First cancels flights after bankruptcy
The country's fourth largest carrier blames US engine maker Pratt & Whitney for its problems.
from BBC News - Business https://ift.tt/q5ZSD...
Air travel chaos looms as US keeps 5G altimeter refit deadline
A July deadline for airlines to refit planes to avoid 5G signal interference will remain in place.
from BBC News - Business https://ift.tt/miGaO...
Coronation: Think of millions working during celebrations - union
Coronation celebrations will depend on millions working through the weekend, say trade unions.
from BBC News - Business https://ift.tt/DA9P1...
Tinder owner to quit Russia more than a year after invasion began
The owner of the dating app follows other global brands that cut ties in 2022.
from BBC News - Business https://ift.tt/QsCoR...
UK house prices in surprise rise in April, says Nationwide
Market conditions improving after prices fall for seven consecutive months, Nationwide says.
from BBC News - Business https://ift.tt/oI95U...
BP reports stronger than expected profits
The oil and gas giant posts profits of $5bn (£4bn) for the first three months of 2023.
from BBC News - Business https://ift.tt/fwa0P...
Monday, May 1, 2023
Silicon Valley Bank: HSBC says UK buyout boosted profit by $1.5bn
HSBC bought Silicon Valley Bank's British business in a deal led by the government and the Bank of England.
from BBC News - Business https://ift.tt/h0iXd...
Shein: China fashion giant faces US calls for probe over Uyghur claims
Lawmakers demand an investigation into the Chinese fashion giant's alleged links to forced labour
from BBC News - Business https://ift.tt/97xlh...
Australia to ban recreational vaping, crackdown on black market
Minimum quality standards will also be introduced, and the sale of vapes in retail settings prohibited.
from BBC News - Business https://ift.tt/EhuGH...
Ron DeSantis-aligned oversight board votes to countersue Disney
This latest move is part of an escalating dispute between Disney and Florida's Republican governor.
from BBC News - Business https://ift.tt/UoKHt...
First Republic: JP Morgan to take over major US bank
First Republic was seized by regulators, the third major US bank to fail in recent months.
from BBC News - Business https://ift.tt/1WhrM...
Capita: Watchdog warns pension funds over data after hack
The Pensions Regulator has told hundreds of funds to check details of customers after a data leak.
from BBC News - Business https://ift.tt/MTkVH...
