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Friday, November 3, 2023

Maersk to cut 10,000 jobs as shipping demand falls

One of the world's largest export firms reported a fall in profits as freight costs have plunged.

from BBC News - Business https://ift.tt/hfg5rM8

Thursday, November 2, 2023

Sainsbury's gains ground in battle with Aldi and Lidl

The supermarket says customers who used to shop only at the discounters are now coming to Sainsbury's too.

from BBC News - Business https://ift.tt/iCJW0Q6

New mothers faced energy meter force-fittings

The first warrants granted for months to force-fit prepayment meters wrongly included new mothers' homes.

from BBC News - Business https://ift.tt/aiy2YJw

Spirit Aerosystems aims to renegotiate Airbus A220 deal

The firm makes wings for the Airbus A220 in its Belfast factory but the programme is making a loss.

from BBC News - Business https://ift.tt/4svzMjh

Wednesday, November 1, 2023

FTX: Prosecutors accuse Crypto King Sam Bankman-Fried of 'deceit'

Sam Bankman-Fried is facing charges of fraud and money laundering, which he denies.

from BBC News - Business https://ift.tt/Nau67Y2

Tata Steel: Unions condemn plans for UK's biggest steelworks

Port Talbot will see more than £1bn in investment to ensure its future, but may see jobs cut.

from BBC News - Business https://ift.tt/HsItqbU

Asos: Lichfield warehouse to be closed as profits slump

Too much stock, made worse by "poor operating practices", were to blame for poor performance, the firm said.

from BBC News - Business https://ift.tt/STxXf3k

The cost of being single – and how friends are teaming up to beat it

Many singles face extra costs for housing, bills, food and holidays but there are ways to ease the burden. from BBC News https://ift.tt/siF...