A household in England, Wales and Scotland using a typical amount of energy will now pay £426 less a year.
from BBC News - Business https://ift.tt/RI2qG...
Friday, June 30, 2023
Trainee pilots lose tens of thousands after flying schools collapse
Trainee pilots are urging the aviation watchdog to prevent others from losing money and qualifications.
from BBC News - Business https://ift.tt/FijUS...
Sky Mobile and Giffgaff customers suffer outage
The networks both confirm users reporting problems with their mobile phone connection.
from BBC News - Business https://ift.tt/ZEnIO...
Nutmeg co-founder Nick Hungerford sets up charity for bereaved children
Nick Hungerford's charity for bereaved children, Elizabeth's Smile, is named after his daughter.
from BBC News - Business https://ift.tt/IfeW4...
Dutch to restrict chip equipment exports amid US pressure
The Dutch government said the decision was taken on "national security grounds".
from BBC News - Business https://ift.tt/n16Q9...
Thursday, June 29, 2023
Can Canada make big tech pay for news?
The country is the latest front in a fight that analysts say has big stakes for news - and democracy.
from BBC News - Business https://ift.tt/rbShZ...
Over-30s eye Australia gap year as age limit raised
Australia extends the age limit to 35 for Brits who want to live and work down under.
from BBC News - Business https://ift.tt/putOa...
Google to scrap local news links in Canada over Online News Act
The move is a protest against a Canadian bill that will make tech giants pay for news content.
from BBC News - Business https://ift.tt/UHcos...
US economy stronger than reported at start of 2023
The new data could bolster the case for higher interest rates.
from BBC News - Business https://www.bbc.co.uk/news/world-us-canada-66056743?at_medium=RSS&at_campaign=KARAN...
Why is Thames Water in so much trouble?
There are fears that the UK's biggest water firm is close to collapse but how did it come to this?
from BBC News - Business https://ift.tt/QhBW1...
The women tackling the woeful diversity in plumbing
Despite a shortage of plumbers and heating system installers the industry is still dominated by men.
from BBC News - Business https://ift.tt/jMqDr...
Wednesday, June 28, 2023
Sri Lanka: Five-day bank holiday for domestic debt restructuring
There are fears the government's plan could lead to volatility in financial markets.
from BBC News - Business https://ift.tt/mDb8C...
Heating down but spending up for royal finances
Royal residences have the heating kept at 19C, as spending rises to almost £108m, annual accounts show.
from BBC News - Business https://ift.tt/Pzo7E...
Cut low-cost broadband VAT to help more online peers say
Some people struggle to get online, putting them at a disadvantage, a Lord's committee says.
from BBC News - Business https://ift.tt/JkoTq...
ChatGPT owner OpenAI to open first foreign office in UK
The Microsoft-backed company says the London office will allow it to 'attract world-class talent'.
from BBC News - Business https://ift.tt/clF9x...
BT investigated over major 999 call disruption
Probe launched after emergency services across the UK reported 999 calls were failing to connect on Sunday.
from BBC News - Business https://ift.tt/6GMB2...
Tuesday, June 27, 2023
Drinks giant Diageo ends 'broken' Diddy partnership
The move comes after pop star Diddy accused the firm of neglecting his tequila brand because of his race.
from BBC News - Business https://ift.tt/qWCEU...
Boots to close 300 UK pharmacies over the next year
The US-owned chain says it will "consolidate" stores in close proximity to each other.
from BBC News - Business https://ift.tt/NWSm7...
Thames Water boss quits after sewage spills
Sarah Bentley steps down weeks after giving up her bonus over the company's poor performance.
from BBC News - Business https://ift.tt/8A7DW...
Apple joins opposition to encrypted message app scanning
WhatsApp and iMessage could be forced to scan for child abuse images under the Online Safety Bill.
from BBC News - Business https://ift.tt/BlNve...
Ex-Audi boss Stadler avoids jail in VW emissions scandal
Rupert Stadler is given a suspended term and a fine for fraud and negligence over Dieselgate.
from BBC News - Business https://ift.tt/SuUb9...
UK to work more closely with EU on financial services
The UK and EU pact is being seen as a step towards better relations over financial services.
from BBC News - Business https://ift.tt/iQ402...
Monday, June 26, 2023
St Mungo's: Staff at homeless charity being indefinite strike over pay
The charity has said that meeting workers' demands would leave it not "financially viable".
from BBC News - Business https://ift.tt/H65Wr...
Cheers! Can AI help drinkers buy a better bottle of wine?
Wine recommendation apps are now using AI to help better match people with a bottle they will like.
from BBC News - Business https://ift.tt/I6LG5...
Follow EU regulation to keep costs low says Ford boss
Britain's car industry should keep "regulatory alignment" with the EU to avoid extra costs, says Tim Slatter.
from BBC News - Business https://ift.tt/cFywP...
Banks being slow to pass on savings rates - Hunt
The chancellor says there is an "issue" with banks taking "too long" to pass on higher rates to savers.
from BBC News - Business https://ift.tt/JQ2X6...
HSBC to leave Canary Wharf tower for new world headquarters
The bank will move to a smaller London office to allow for more flexible working post-pandemic.
from BBC News - Business https://ift.tt/3fIxp...
Cineworld screens stay open despite administration
The struggling cinema chain is undergoing a restructure as it tries to escape huge debts.
from BBC News - Business https://ift.tt/34CwY...
Sunday, June 25, 2023
PwC Australia: Accounting giant splits business after tax leak scandal
The accounting giant will sell its Australian government consultancy business for a nominal A$1.
from BBC News - Business https://ift.tt/SGQXW...
Students switch to AI to learn languages
Many people are using AI like ChatGPT to improve their language skills but learning that way has drawbacks.
from BBC News - Business https://ift.tt/SKMpL...
Britishvolt owner's offices raided by Australian tax police
The buyer of the prospective battery plant in Northumberland has not yet paid for the site.
from BBC News - Business https://ift.tt/lEpuO...
Rishi Sunak urges people to hold their nerve on interest rates
The Prime Minister continues to back the Bank of England as mortgage pressure rises for homeowners.
from BBC News - Business https://ift.tt/M7u0Y...
Can we stop being tricked into subscriptions?
The US and UK are trying to crack down on firms tricking customers into renewing their subscription.
from BBC News - Business https://ift.tt/SiBVU...
Friday, June 23, 2023
Zambian President Hichilema's $6bn debt deal hailed as 'historic'
Much of the money was owed to China, which had been accused of holding up a deal.
from BBC News - Business https://ift.tt/hfodt...
Heathrow security staff call off strikes
Security staff at Heathrow will no longer strike after accepting an improved pay offer.
from BBC News - Business https://ift.tt/YDsqc...
Thursday, June 22, 2023
Facebook and Instagram to restrict news access in Canada
It comes after parliament passed a bill requiring tech giants to compensate publishers for news.
from BBC News - Business https://ift.tt/LFEnp...
Temu: Risk fast-fashion website uses forced labour
The claims arise from an investigation into a US law barring imports made with Uyghur labour.
from BBC News - Business https://ift.tt/dDoer...
Ocado shares surge on Amazon takeover rumours
The online grocer was the UK's most valuable retailer during the pandemic but has struggled more recently.
from BBC News - Business https://ift.tt/CbzuN...
Police warn Android phone users over 999 call feature
Forces say update that lets button pushes trigger calls is bombarding operators with "silent" calls.
from BBC News - Business https://ift.tt/AGT8m...
Interest rates: Bank of England governor warns interest rate rise hard for many
"If we don't raise rates now, it could be worse later," Bank of England boss warns as it raises rates to 5%.
from BBC News - Business https://ift.tt/P3Doy...
Five tips for saving money on your mortgage
With interest rates rapidly rising, what do experts say about coping with costs?
from BBC News - Business https://ift.tt/7pJYe...
Wednesday, June 21, 2023
Turkey's Erdogan set for economic U-turn and steep interest rate hike
Turkey is expected to reverse some of the unorthodox economic policies of President Erdogan.
from BBC News - Business https://ift.tt/N3wGl...
Interest rates: How a rise affects you and your money
The Bank of England is expected to raise rates from a current level of 4.5% to control price rises.
from BBC News - Business https://ift.tt/Trx6O...
Doune the Rabbit Hole music festival cancelled after union boycott
Organisers said they had been subjected to a "campaign of misinformation" by the Bectu union.
from BBC News - Business https://ift.tt/A4K7B...
Amazon said to have 'duped' Prime customers
The US has sued Amazon for allegedly tricking customers during the Prime sign-up process.
from BBC News - Business https://ift.tt/t8XDa...
Tuesday, June 20, 2023
Airbus experiments with more control for the autopilot
Airbus has been testing new automated technology that it says has the potential to improve flight safety.
from BBC News - Business https://ift.tt/GcRrC...
Bernie Sanders announces Amazon safety investigation
The move raises pressure on the e-commerce giant over its treatment of workers.
from BBC News - Business https://ift.tt/e9D1M...
MOVEit hack: Gang claims not to have BBC BA and Boots data
Cyber criminals say they do not have data belonging to UK organisations thought to be victims of a mass hack.
from BBC News - Business https://ift.tt/a8sLG...
Virgin Media email service users suffer lengthy failure
The company has apologised after some problems remain unresolved over 36 hours since first reported.
from BBC News - Business https://ift.tt/3yVwF...
Carlos Ghosn sues Nissan for $1bn in defamation suit
The former boss of Nissan wants to clear his name after his arrest on financial misconduct charges.
from BBC News - Business https://ift.tt/epuhP...
Is food inflation higher in Europe than in the UK?
Food prices are growing faster in the UK than in Germany, Portugal or Sweden.
from BBC News - Business https://ift.tt/GsNj0...
Post Office bosses told to repay mistaken bonuses
The money was paid for completing an Inquiry which still hasn't finished
from BBC News - Business https://ift.tt/HIS47...
Monday, June 19, 2023
Ministers to block plans to ban new coal mines
Measures to allow community projects to sell electricity directly to local homes are also set to be dropped.
from BBC News - Business https://ift.tt/dtrGK...
Rent takes up biggest share of pay for 10 years
Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show.
from BBC News - Business https://ift.tt/ZU2sX...
Amazon Hilton and Pepsi to hire thousands of refugees in Europe
More than 40 big European firms pledge to hire and train 250,000 Ukrainian and other refugees.
from BBC News - Business https://ift.tt/N7OHu...
Record aircraft purchase announced at Paris Airshow
The deal between Indian carrier IndiGo and Airbus is the largest single order by any commercial airline.
from BBC News - Business https://ift.tt/lOLst...
Morrisons and M&S follow rivals to cut food prices
Basic items are to be discounted as retailers face pressure to help ease the cost of living.
from BBC News - Business https://ift.tt/MIBu9...
Reddit protesters bombard site with John Oliver pictures
Some of the biggest subreddits are now only allowing posts featuring the British comedian.
from BBC News - Business https://ift.tt/UMaJ5...
Average two-year mortgage rate breaches 6%
It is the first time since December that the rate has been as high as 6%, prompting worry for borrowers.
from BBC News - Business https://ift.tt/4SJ7M...
Sunday, June 18, 2023
Keir Starmer pledges to end North Sea exploration and let areas profit from clean power
Sir Keir Starmer will vow to cut bills and create jobs when he sets out his party's green energy plans.
from BBC News - Business https://ift.tt/2nCbO...
Pirelli: Italy blocks Chinese control of tyre giant
It comes as tensions between Beijing and the West are in focus as the US secretary of state visits China.
from BBC News - Business https://ift.tt/dnAbK...
Mortgage help 'under review' says Michael Gove
Michael Gove was asked about what whether any help would be given to those struggling with payments.
from BBC News - Business https://ift.tt/InWTm...
Friday, June 16, 2023
Binance exits Netherlands and faces France probe
The world's largest cryptocurrency exchange faces setbacks in Europe.
from BBC News - Business https://ift.tt/voHcT...
Avanti West Coast: Train drivers to strike over sick pay Aslef says
Aslef members at Avanti West Coast will take action on 1 July, the train drivers' union says.
from BBC News - Business https://ift.tt/FMpnS...
Energy bills support took too long to get to people - MPs
About 1.7 million people were left waiting months for help due to government’s "lack of bandwidth".
from BBC News - Business https://ift.tt/xi9as...
Average two-year mortgage rate close to 6%
Lenders have been increasing the cost of new fixed-rate deals rapidly during a tumultuous week.
from BBC News - Business https://ift.tt/sOwnU...
Amazon cleared to buy iRobot vacuum cleaner maker
The UK competition watchdog says the online giant can buy iRobot, the maker of Roomba cleaners.
from BBC News - Business https://ift.tt/KCV5f...
Thursday, June 15, 2023
Lincolnshire beans could provide British solution to imports
Scientists have developed a haricot seed they hope will thrive in the UK after a 12-year project.
from BBC News - Business https://ift.tt/zbrFo...
Hacker gang Clop publishes victim names on dark web
Criminal hacker group begin posting names of companies to darkweb.
from BBC News - Business https://ift.tt/rGYP8...
Nationwide latest lender to raise mortgage rates again
One broker describes the current situation as a vicious circle as the mortgage maelstrom continues.
from BBC News - Business https://ift.tt/c0yHl...
Ryanair sacks chief pilot over sexual misconduct claims
The pilot allegedly remarked on female colleagues' bodies and altered rosters to fly with cadets.
from BBC News - Business https://ift.tt/MOY9z...
Odey to be broken up after sexual harassment claims against its founder
The hedge fund will be dismantled after allegations emerged about its founder Crispin Odey.
from BBC News - Business https://ift.tt/RqprQ...
Energy saving to return to prevent winter blackouts
National Grid says that the Russia-Ukraine war poses a risk to future energy supplies.
from BBC News - Business https://ift.tt/c90SD...
Wednesday, June 14, 2023
Elon Musk: Twitter sued by music publishers in copyright case
A group representing 17 publishers in the US is seeking more than $250m in damages.
from BBC News - Business https://ift.tt/mdkjv...
MPs grill financial watchdog over Odey probe
MPs want the FCA to explain its handling of sexual harassment allegations against financier Crispin Odey.
from BBC News - Business https://ift.tt/SjyxC...
Beyonce blamed for inflation surprise in Sweden
The frenzy stoked by the start of the singer's world tour is seen driving up prices in Sweden.
from BBC News - Business https://ift.tt/z2SCK...
Vodafone to join with Three to create UK mobile giant
The deal is yet to be approved by regulators, which will look at whether it will rise customer prices.
from BBC News - Business https://ift.tt/Zzkpt...
Tuesday, June 13, 2023
Amazon server outage makes some websites go dark
The outage is being resolved and affected web services for some fast food apps, airlines and others.
from BBC News - Business https://ift.tt/5Sylo...
Microsoft-Activision: $69bn deal temporarily blocked in US
The deal to buy the Call of Duty publisher would be the largest in the history of the video games industry.
from BBC News - Business https://ift.tt/Ze2Wm...
Can Amsterdam make the circular economy work?
Amsterdam has ambitious plans to radically cut the amount of resources used by the city's economy.
from BBC News - Business https://ift.tt/IWOQ3...
US inflation rate continues to fall
Falling prices for eggs, used cars and furniture helped to cut inflation in May.
from BBC News - Business https://ift.tt/ePC8v...
Sainsbury's and Asda told not to block rival stores
The supermarkets are accused of stopping rivals opening nearby, potentially reducing consumer choice.
from BBC News - Business https://ift.tt/E5NhI...
Jack Dorsey: India threatened to shut Twitter and raid employees
Former Twitter CEO Jack Dorsey's allegations have been denied by the Indian government.
from BBC News - Business https://ift.tt/JTse3...
Monday, June 12, 2023
Amazon using AI to boost fight against fake reviews
The tech giant is developing new tools to help track down the brokers buying and selling reviews.
from BBC News - Business https://ift.tt/fOx5I...
Tuffnells: Parcel firm goes bust with loss of more than 2,000 jobs
Administrators for Tuffnells say rising costs, the pandemic and competition have caused problems.
from BBC News - Business https://ift.tt/YNnXL...
Heathrow workers call off first summer strikes
More than 2,000 staff said they will postpone industrial action on 24 and 25 June.
from BBC News - Business https://ift.tt/CRnMV...
Market proves too tough for vegan mince and burger firm
Plant-based company Meatless Farm has dismissed most of its workforce and is examining its options.
from BBC News - Business https://ift.tt/hJ6Sr...
JP Morgan agrees to settle lawsuit brought by Jeffrey Epstein victim
The largest US bank says it regrets its relationship with "monstrous" sex-trafficker Jeffrey Epstein.
from BBC News - Business https://ift.tt/ZhOil...
Flights cancelled as UK thunderstorm warnings in force
Storms are forecast for much of the UK on Monday, which could cause floods and travel disruption.
from BBC News - Business https://ift.tt/rJXSd...
MOVEit hack: media watchdog Ofcom data downloaded in cyber attack
The regulator said information about firms and employees had been affected by a cyber-attack.
from BBC News - Business https://ift.tt/cEw2F...
Reddit communities go dark in protest at changes
Thousands of subreddits are shut down for 48 hours following controversial charging plans.
from BBC News - Business https://ift.tt/5AKVW...
Sunday, June 11, 2023
George Soros hands reins of $25bn empire to son Alex
The American financier, targeted by right-wing conspiracists, is passing control of foundations to his son.
from BBC News - Business https://ift.tt/9AGyR...
Why second-hand fashion is back in style
"Pre-loved" clothing is big business and it is not just about saving money and the planet.
from BBC News - Business https://ift.tt/YTftD...
Danone boss calls for higher taxes on unhealthy food
Danone's UK president wants the government to use tax incentives to promote healthier products.
from BBC News - Business https://ift.tt/Z8B4l...
Saturday, June 10, 2023
Five reasons why mortgages are getting us down
Rising mortgage rates are causing a headache for homeowners and buyers, so what is behind the maelstrom?
from BBC News - Business https://ift.tt/ZVkNh...
Crispin Odey: City boss quits firm after sexual misconduct claims
Crispin Odey, a prominent hedge fund boss, strenuously denies the allegations.
from BBC News - Business https://ift.tt/DbkSf...
Friday, June 9, 2023
Reddit blackout: Subreddits to go private on Monday
More than 1,000 subreddits will be inaccessible for 48 hours to protest changes.
from BBC News - Business https://ift.tt/3RxLv...
Meta plans for Twitter rival shown to staff
A text-based version of Instagram could potentially let users carry across followers from other apps.
from BBC News - Business https://ift.tt/dfJrD...
Thursday, June 8, 2023
Odey Asset Management City probed as sexual harassment claims emerge
News of the investigation comes as found Mr Odey is accused of sexually harassing or assaulting 13 women.
from BBC News - Business https://ift.tt/TjdQs...
Eurozone in recession as rising prices hit spending
Revised data shows the eurozone's economy contracted at the end of last year and the start of 2023.
from BBC News - Business https://ift.tt/HTjNq...
Rising rates to hit housing demand, builder says
Housebuilder Crest Nicholson warns of a further slowdown as it reports lower sales and profits.
from BBC News - Business https://ift.tt/KJgei...
Banks accused of 'measly' interest rates on savings
MPs criticise banks as instant access savings rates sit well below the Bank of England base rate.
from BBC News - Business https://ift.tt/7eaHR...
Wednesday, June 7, 2023
Crypto: 24-hour cooling-off period included in ad overhaul
Crypto bosses could face up to two years' imprisonment if they fail to comply with the new rules.
from BBC News - Business https://ift.tt/8lti2...
Sir Ivan Menezes: Boss of Guinness maker Diageo dies at 63
India-born Sir Ivan Menezes was the chief executive of Diageo, the world's biggest spirits company.
from BBC News - Business https://ift.tt/lIW69...
CNN chief Chris Licht out after just 13 months
Chris Licht had been criticised for CNN's handling of a recent town hall interview with Donald Trump.
from BBC News - Business https://ift.tt/vsNcQ...
Telegraph Media Group set to be put up for sale
Lloyds is looking to recover debts owed by the network of companies controlled by the Barclay family.
from BBC News - Business https://ift.tt/k07Fi...
Heathrow security officers announce summer strikes
Around 2,000 security officers will walk out for 31 days in June and August.
from BBC News - Business https://ift.tt/m3CNy...
TikTok: ByteDance accused of helping China spy on Hong Kong activists
The Beijing-based firm has denied Chinese Communist Party members were allowed to access user data.
from BBC News - Business https://ift.tt/mRYod...
Tuesday, June 6, 2023
BBC, BA and Boots issued with ultimatum by cyber gang Clop
They say personal details of 100,000 staff at the BBC, British Airways and Boots will be published if employers do not get in touch.
from BBC News - Business https://ift.tt/PuQ42...
Telegraph owners say no risk to titles over loans
The Barclay family, which also owns the Spectator magazine and courier Yodel, owes debts to Lloyds Bank.
from BBC News - Business https://ift.tt/grcH8...
CBI: Scandal-hit business group wins survival vote
Members have backed the lobbying giant but it is not clear if the government will renew engagement.
from BBC News - Business https://ift.tt/dYi5I...
US sues Coinbase as crypto crackdown widens
The Securities and Exchange Commission says the company has not followed financial rules.
from BBC News - Business https://ift.tt/KLSHR...
MoveIt hack: What action can data-breach victims take?
Experts give advice to the more than 100,000 warned their personal data is in the hands of cyber-criminals.
from BBC News - Business https://ift.tt/kObNI...
Monday, June 5, 2023
Singapore to hold final horse race after more than 180 years
The Southeast Asian island nation's only race course will hold its final meeting next year.
from BBC News - Business https://ift.tt/F9EmY...
Microsoft to pay $20m for child privacy violations
The tech giant used data collected from child Xbox users without telling parents, US regulators say.
from BBC News - Business https://ift.tt/qP0JZ...
Civil servants to strike despite new pay offer
The PCS union says members will walk out in Ireland and Wales this week and at the DVLA from 11 June.
from BBC News - Business https://ift.tt/8RI4b...
Jason Derulo: My 'most unsexy' business investment in a car wash
The Savage Love singer says when wants to invest he looks for firms in sectors he understands.
from BBC News - Business https://ift.tt/IudOK...
Susannah Dale: I want to help keep mothers in the workplace
Susannah Dale is urging firms to sign a "maternity pledge", to support pregnant staff and new mums.
from BBC News - Business https://ift.tt/Dio7V...
Sunday, June 4, 2023
Could ultra-processed foods be harmful for us?
Panorama investigates the links between UK's food safety advisors and the ultra-processed food industry.
from BBC News - Business https://ift.tt/bWarh...
Universal basic income: Plans drawn up for £1,600 a month trial in England
Thirty people would receive a monthly lump sum for two years, under a pilot in two areas of England.
from BBC News - Business https://ift.tt/VuZUs...
Elon Musk: Twitter snaps up top NBCUniversal executive
It comes just weeks after NBCUniversal's head of advertising Linda Yaccarino was named as Twitter's CEO.
from BBC News - Business https://ift.tt/vql49...
New business body launched as CBI faces crunch vote
The Business Council, set up by the Chambers of Commerce, has Heathrow, BP and Drax among its members.
from BBC News - Business https://ift.tt/ravUR...
Oil production to drop after Opec+ nations meet
The move by the oil-rich nations comes as prices fall amid accusations Opec has sided with Russia.
from BBC News - Business https://ift.tt/1MqxS...
Money: £9bn in old UK banknotes and coins not cashed in
Paper £50 and £20 notes have been unusable since October, but can still be exchanged.
from BBC News - Business https://ift.tt/DljeZ...
Vote on CBI's reforms nerve-wracking, says new boss
Rain Newton Smith says she believes the CBI should survive ahead of vote of confidence at the group.
from BBC News - Business https://ift.tt/4VNJx...
Saturday, June 3, 2023
'Mortgage costs right now are terrifying'
With rates rising and mortgages disappearing from the market, buyers reveal their struggles to get a deal.
from BBC News - Business https://ift.tt/SuewZ...
Train strikes hit FA Cup final and Beyoncé concert
Drivers walk out over pay and conditions in the third rail strike this week.
from BBC News - Business https://ift.tt/COKUa...
Friday, June 2, 2023
Diesel falls 12p but should be lower, says RAC
The price of diesel fell to £1.47 in May but the RAC argues the price should be cut further.
from BBC News - Business https://ift.tt/6UltY...
Train strikes: When are they and why are they taking place?
Train drivers walk out on Saturday, after a week of stoppages by both Aslef and the RMT.
from BBC News - Business https://ift.tt/wy0e4...
Offer made to civil servants in bid to end strikes
Unions say the government has offered staff below senior grades a lump sum of £1,500.
from BBC News - Business https://ift.tt/FsheR...
Train strikes prompt sports fans to set off by bus
Fans making their way to the FA Cup final and the Epsom Derby start their alternative routes
from BBC News - Business https://ift.tt/JuBMV...
US adds 339,000 jobs in May defying slowdown fears
Job creation in the US was far stronger than expected as the central bank fights inflation.
from BBC News - Business https://ift.tt/RrUTS...
Thursday, June 1, 2023
iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024
Apple's decision to manufacture iPhones in India aims at diversifying away from China
from BBC News - Business https://ift.tt/MPv9p...
British Airways fined $1.1m by US government
The US says the airline did not "provide timely refunds to passengers" during Covid.
from BBC News - Business https://ift.tt/O7ThL...
Elon Musk: Twitter boss reclaims title of world's richest person
It comes after shares in his electric car company Tesla have almost doubled since the start of the year.
from BBC News - Business https://ift.tt/gYpIG...
Scandal-hit CBI to cut jobs as it fights for survival
The business group, which employs about 337 people, says it needs to cut its wage bill by a third.
from BBC News - Business https://ift.tt/AEPwk...
Train strikes: How rail walkouts on Friday will affect you
What you need to know about the walkout by RMT train staff by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/nkv3l...
The 'exploding' demand for giant heat pumps
Whole towns in Europe are being heated by huge, energy efficient heat pumps.
from BBC News - Business https://ift.tt/Df05h...
London still works for stock market listings, says We Soda boss
We Soda could be valued at £6bn when it floats in the UK, in a boost for the London stock market.
from BBC News - Business https://ift.tt/mZgAO...
