Google rejigs remote working as its reopens offices

The tech giant said it will only let staff work from home for more than 14 days a year if they apply for it.

from BBC News - Business https://ift.tt/3dqy0Bu

Covid vaccine manufacturers should work with poorer countries, says WTO chief

WTO head Dr Ngozi Okonjo-Iweala says the AstraZeneca deal with India is a good example.

from BBC News - Business https://ift.tt/3cF3GnB

Runway dining at $540 a meal proving hit in Japan

Japan's biggest airline is making the most of grounded planes while Australian carriers are cutting prices.

from BBC News - Business https://ift.tt/39wJQZC

Microsoft to sell augmented reality goggles to army

The tech giant will provide around 120,000 headsets to the US army in a 10-year deal worth $21.9bn.

from BBC News - Business https://ift.tt/2PQvdcM

'I have put everything into my winery'

South Africa's winemakers hope for a brighter future after a very tough 12 months.

from BBC News - Business https://ift.tt/3fwymZK

Can a VR headset or pot plant boost productivity?

From peloton bikes to teabags - how the corporate world is motivating home workers.

from BBC News - Business https://ift.tt/3udZ5ia

CEO Secrets: 'The stress of being a boss made my hair fall out'

An entrepreneur explains the strategy he devised to protect himself from mental burnout.

from BBC News - Business https://ift.tt/3cBBnGD

Minimum wage rises for two million workers

Most low-paid workers will receive a pay rise, but those on furlough will miss out.

from BBC News - Business https://ift.tt/3sFAaTX

Why April is a big month for your finances

Lots of changes to household bills, tax and other elements of finances take place in the course of a week.

from BBC News - Business https://ift.tt/2Pm0Pqw

Bet365 boss earns £469m in a single year

Denise Coates earned more than the bosses of every FTSE 100 company combined last year.

from BBC News - Business https://ift.tt/31yvLGL

Mastercard fined £31.5m for pre-paid card breaches

Five payments firms are accused of running a cartel to reduce competition in the market for pre-paid cards.

from BBC News - Business https://ift.tt/3u8GzHM

Investors pursue Liberty Steel owner over unpaid debts

Steel magnate Sanjeev Gupta is under pressure from banks seeking to wind up parts of his metals group.

from BBC News - Business https://ift.tt/3dm8BZJ

Biden to unveil spending plan worth trillions

The $2tn investments are aimed at re-igniting the country’s economic growth and helping combat climate change.

from BBC News - Business https://ift.tt/39rJ3cb

Councils filling potholes 'every 19 seconds'

The number of repairs has increased to 1.7 million in England and Wales in the past year, a survey says.

from BBC News - Business https://ift.tt/3u8cmZf

PwC says start when you like, leave when you like

Accountancy giant staff can choose the hours they work and mix home and office following pandemic.

from BBC News - Business https://ift.tt/3ueNejP

Facebook tweaks its news feed with new controls

Permission to comment and an easier way to see a chronological feed are both in the works.

from BBC News - Business https://ift.tt/3cF3O6x

Fisherman's Friend tycoon Doreen Lofthouse dies aged 91

Doreen Lofthouse spread the lozenge's appeal around the world but never forgot her Lancashire roots.

from BBC News - Business https://ift.tt/3m5Bz3Q

Deliveroo shares drop 30% on stock market debut

Deliveroo shares open well below expected price after big investors' attitude to company soured.

from BBC News - Business https://ift.tt/39tgLyd

Volvo goes global with its Swedish family values

The Chinese-owned carmaker will offer its generous parental leave scheme to 40,000 employees globally.

from BBC News - Business https://ift.tt/3dlEul1

Google Maps to start showing eco-friendly routes

The driving app will highlight journeys with lowest emissions based on factors such as traffic.

from BBC News - Business https://ift.tt/3sESPzl

Xiaomi to invest $10bn in electric vehicle race

The Chinese phone maker is entering a competitive market to build electric cars of the future.

from BBC News - Business https://ift.tt/3czbqY7

The businesses counting the cost of Brexit red tape

Three months since the end of the transition period, bosses share their stories of how trade has changed.

from BBC News - Business https://ift.tt/3dhWeOd

Brexit: UK 'risks falling behind' EU on workers’ rights

The EU is working to improve conditions but the UK is not keeping pace, says the TUC.

from BBC News - Business https://ift.tt/3warOpI

'I catch rats for a living and couldn’t be happier'

How to work your way to happiness, and break that daily grind.

from BBC News - Business https://ift.tt/31wBGfi

Retailers call for 'Shop Out to Help Out' scheme when stores reopen

Retail veterans say the government must do more to help independent shops survive as lockdown is eased.

from BBC News - Business https://ift.tt/3sB6aZG

VW rebrands as 'Voltswagen' in the US

The carmaker confirms the name change as some mistake it for an early April Fool's joke.

from BBC News - Business https://ift.tt/2PjjYJP

Goldman Sachs managers paid for hampers for staff

Managers at the investment bank have paid for sympathy hampers to be sent to over-worked employees.

from BBC News - Business https://ift.tt/3ubQX1B

Easter egg sales 'soar by almost 50%'

Spending on Easter eggs is up by almost £50m, research suggests, as people prepare for weekend celebrations.

from BBC News - Business https://ift.tt/3dh39au

Liberty Steel nationalisation 'an option' says business secretary

Kwasi Kwarteng concerned about "black box" structure of firm but won't rule out public ownership,

from BBC News - Business https://ift.tt/3rAoIrt

Wetherspoon plans new pubs and jobs if ‘no further lockdowns’

The chain plans to open 18 new pubs and upgrade others, but only if there are no more Covid restrictions.

from BBC News - Business https://ift.tt/2QQla7X

Uyghurs: Xinjiang cotton ban is self-defeating, China tells H&M

Western brands are facing Chinese boycotts for expressing concern over the treatment of Uyghurs.

from BBC News - Business https://ift.tt/3cxCkzr

Suez Canal reopens after giant stranded ship is freed

It took almost a week to dislodge a giant container ship blocking one the world's busiest trade routes.

from BBC News - Business https://ift.tt/2QNYUeV

US to seize Top Glove products over labour abuses

Customs and Border Protection says the Malaysian firm uses forced labour to make disposable gloves.

from BBC News - Business https://ift.tt/2Pb6jVi

'Finding work feels impossible for my generation'

Young people could see rising levels of unemployment even as the crisis eases, warns Prince's Trust.

from BBC News - Business https://ift.tt/2PDUc2T

AstraZeneca vaccine - was it really worth it?

AstraZeneca has become a political football in a European blame game over its covid vaccine.

from BBC News - Business https://ift.tt/3syIdCg

How bees and drones team up to find landmines

Drones are being used to track bees that have been trained to sense chemicals in landmines.

from BBC News - Business https://ift.tt/3fqqrx2

Is this the future for international business deals?

A new facility has opened in Singapore where business people hold meetings in glass "bubbles".

from BBC News - Business https://ift.tt/31w4N2s

Nike sues Lil Nas X over blood-filled 'Satan Shoes'

Nike is suing Lil Nas X and an art collective for using its shoes to make a controversial product.

from BBC News - Business https://ift.tt/3m42gpt

Historic Amazon union drive set to conclude

Workers at an Amazon warehouse in Alabama are voting on whether to join a trade union.

from BBC News - Business https://ift.tt/3foznTV

EY drops appeal against $10.8m whistleblower payment

The professional services giant was appealing against a judge's order to pay a whistleblower $10.8m.

from BBC News - Business https://ift.tt/3sunIXc

Royal Mail parcel pick-up offer signals delivery battle

The company offers free pick-ups from home for the next few weeks as it tries to boost its delivery business.

from BBC News - Business https://ift.tt/2PB7TiU

Biden administration threatens tariffs on UK goods in 'tech tax' row

Ceramics, make-up and furniture could be hit amid a row over a new UK tax on tech firms.

from BBC News - Business https://ift.tt/3cwv3Qv

Credit Suisse and Nomura warn of hedge fund hit to profits

Major investment banks warn of losses after hedge fund crisis sparks share dump of billons of pounds.

from BBC News - Business https://ift.tt/3cwxmTB

Deliveroo flotation price to be at bottom of target range

The food delivery business says it is pricing shares "responsibly" amid “volatile” market conditions.

from BBC News - Business https://ift.tt/2Phe4bZ

BBC reporter records phone call with fraudster

BBC Money Box reporter Dan Whitworth was phoned by a fraudster and managed to record the call.

from BBC News - Business https://ift.tt/2PsMUid

China's answer to YouTube slumps on market debut

Shares of Bilibili opened 2.2% below their issue price before slipping further in early trade

from BBC News - Business https://ift.tt/3cwbXdq

'It is so easy to choose what voluntary work to do'

Charities are turning to technology to help them attract more volunteers.

from BBC News - Business https://ift.tt/3rClIuY

The Suez Canal blockage explored in numbers

The costs are mounting as efforts to free the stranded Ever Given ship go into a sixth day.

from BBC News - Business https://ift.tt/3fmiBo9

'It's do or die time for my insurer to pay up'

Thousands of businesses across the country are feeling the pinch as insurers 'drag their heels' paying Covid claims.

from BBC News - Business https://ift.tt/3w9G5CY

Learning to code 'will seriously change your life'

Software developers are in high demand and well paid, but how do you break into the industry?

from BBC News - Business https://ift.tt/2PbtGxE

Liberty Steel won't receive £170m bailout

The government refuses a request for £170m to support the struggling metals group.

from BBC News - Business https://ift.tt/3djEKkG

Green Homes Grant scheme to insulate houses axed

Homeowners were invited to apply for grants to insulate houses but the scheme is being suddenly ended.

from BBC News - Business https://ift.tt/3ct8LPx

Easter celebrations set to rival Christmas - even down to the tree

Easter trees and garden furniture are being sought out by shoppers keen to make the most of lockdown easing.

from BBC News - Business https://ift.tt/31nslGL

Union creates hotline for disgruntled Amazon staff

Unite urges workers to come forward to voice their complaints about hours, pay, targets and breaks.

from BBC News - Business https://ift.tt/31pYPQC

Covid: Rapid home test kits to be available for workers

Firms in England with more than 10 employees that are unable to provide on-site testing can apply.

from BBC News - Business https://ift.tt/3cpLjmm

'Our customers are worried about the Suez Canal blockage'

A freight forwarding firm says it has 20 containers stranded on the Ever Given container ship.

from BBC News - Business https://ift.tt/3rt1VxV

Phone companies 'must do more' to stop fraud calls

A senior law enforcement officer says the UK needs "a step change" in its response to fraud.

from BBC News - Business https://ift.tt/39AWkj5

Liberty Steel boss asks government for £170m bailout

Concerns over Liberty Steel's future have grown after its key backer Greensill Capital went bust.

from BBC News - Business https://ift.tt/3feBeKV

Liberty Steel: 'If we lose the plant it will decimate Rotherham'

As Liberty Steel scrambles to re-finance the business, steel workers fear for their future.

from BBC News - Business https://ift.tt/39kxkMD

Ex-PM David Cameron cleared by lobbying watchdog

It looked into whether the former PM should have been registered for the work he did for a financial firm.

from BBC News - Business https://ift.tt/3dbbSe1

Camera retailer Jessops files to appoint administrators

Jessops has hired advisers to help it restructure the pandemic-hit High Street business.

from BBC News - Business https://ift.tt/3w2zM4c

WeWork office start up valued at $9bn in share-listing plan

The valuation marks a sharp decline for the once-hyped office sharing start-up.

from BBC News - Business https://ift.tt/31lA87N

Asda loses Supreme Court appeal in equal pay fight

Supreme Court rules Asda shop workers free to pursue fight to gain equal pay with warehouse workers.

from BBC News - Business https://ift.tt/39gMimJ

People may quit if forced to work from home, Rishi Sunak warns

The chancellor urges firms not to scrap offices altogether, warning employees may leave if they do.

from BBC News - Business https://ift.tt/3cnL23i

Retail sales stage partial recovery in February

Sales recovered some ground from January's steep fall, official figures show.

from BBC News - Business https://ift.tt/3sqogNU

Xinjiang cotton: Chinese brands championed as backlash against West grows

More Western brands have been targeted for showing concern over Uighur forced labour claims.

from BBC News - Business https://ift.tt/3tWIIGA

Suez blockage is holding up $9.6bn of goods a day

The stranded mega-container is costing $400m (£292m) an hour in goods that can't be moved east or west.

from BBC News - Business https://ift.tt/3lRHR72

Hauliers 'must expect Covid test to enter UK'

An industry source says they expect the government to require hauliers entering the UK to be tested.

from BBC News - Business https://ift.tt/3tStdiM

Minimum wage fight: 'There's no recovery without raising it'

Can Joe Biden deliver on his promise to double America's minimum wage?

from BBC News - Business https://ift.tt/2OZWJ7D

'I have learned how to survive with a bow and arrow'

The Covid pandemic and last summer's social unrest has inspired more Americans to take up hunting.

from BBC News - Business https://ift.tt/3lMizY9

Covid: February redundancy plans fall despite lockdown

Data obtained by BBC News shows the labour market is frozen as the furlough scheme continues.

from BBC News - Business https://ift.tt/31xjClv

US and UK ratchet up sanctions on Myanmar's military

A row over a Yangon development reflects a confused international response to the coup in Myanmar.

from BBC News - Business https://ift.tt/2QJ76ND

High Streets: 'Catastrophic blow' as business rates appeals denied

Experts have said the legal change on appeals would badly affect many firms affected by the property tax.

from BBC News - Business https://ift.tt/39hpe7t

Ford says farewell to 'Mondeo man' as car to be phased out

The car, which became synonymous with a certain type of British motorist, will be phased out next year.

from BBC News - Business https://ift.tt/31fT0oT

Liberty Steel: Government looking at 'all options'

Business Secretary Kwasi Kwarteng tells MPs he hopes to support the steelmaker "in its entirety".

from BBC News - Business https://ift.tt/3chsEJj

Suez Canal: Owner of cargo ship blocking waterway apologises

Japanese firm Shoei Kisen Kaisha says dislodging the Ever Given is proving "extremely difficult".

from BBC News - Business https://ift.tt/3rluqgL

Santander to close more than 100 branches

The bank says 840 staff will be affected by the decision although it will try to offer them roles elsewhere.

from BBC News - Business https://ift.tt/3sl4mE1

New Alan Turing £50 note design is revealed

The banknote will enter circulation on 23 June - Alan Turing's birthday - and will be made of polymer.

from BBC News - Business https://ift.tt/3riqAVB

Nike, H&M face China fury over Xinjiang cotton 'concerns'

The two brands face threats of boycotts for expressing concern over forced Uighur labour claims.

from BBC News - Business https://ift.tt/3lPAL39

China's Tencent revenues surge thanks to gaming boom

The Chinese technology giant has also seen a big rise in international sales as it expands overseas.

from BBC News - Business https://ift.tt/3skwXcv

'It's a piece of human history in a digital asset'

The Malaysian buyer of Twitter founder Jack Dorsey's first ever tweet for $2.9m sees it as a wise investment.

from BBC News - Business https://ift.tt/3fe0QHx

'I can't see myself going back to a five-day week'

We've all got used to working flexibly so employers will need to adapt, say campaigners.

from BBC News - Business https://ift.tt/3skzKm7

Nationwide tells 13,000 staff to 'work anywhere'

The UK's biggest building society says it wants to give employees more control over their lives.

from BBC News - Business https://ift.tt/3tWymXd

Big investors shun Deliveroo over workers' rights

Two of the UK's biggest investors won't invest in the delivery firm over concerns about workers' rights.

from BBC News - Business https://ift.tt/3d3fHBZ

Liberty Steel asks customers to pay up front

The cash-starved steelmaker is struggling with cash flow after the collapse of its main backer.

from BBC News - Business https://ift.tt/2OX3eYO

Citigroup launches Zoom-free Fridays to ease pandemic 'fatigue'

The bank's CEO unveils new working practices to ease "the relentlessness of the pandemic workday".

from BBC News - Business https://ift.tt/2PrGIXy

Egypt's Suez Canal blocked by huge container ship

A ship the length of four football pitches is wedged across one of the world's busiest trade routes.

from BBC News - Business https://ift.tt/3d03gXB

Bloomsbury sees higher profits thanks to reading 'ray of sunshine'

The Harry Potter publisher expects a jump in profits after books provided a "ray of sunshine during dark year".

from BBC News - Business https://ift.tt/3rfqEpm

Tesla cars can be bought in Bitcoin

Elon Musk announced his company would accept the virtual currency as payment for a new car.

from BBC News - Business https://ift.tt/39ao9hO

Burberry designs skins for Honor of Kings characters

It is part of the British fashion house’s collaboration with Chinese technology giant Tencent.

from BBC News - Business https://ift.tt/2QvNqwl

John Lewis announces eight store closures

The retail giant says it will not reopen eight stores once lockdown eases, putting 1,465 jobs at risk.

from BBC News - Business https://ift.tt/31eubcU

Deliveroo: Investor warns of workers' rights issues at firm

One of the UK's biggest investors won't invest in the delivery firm over concerns about workers' rights.

from BBC News - Business https://ift.tt/39bdmnw

CEO Secrets: 'How my customers campaigned for my brand'

The founder of Heura explains how his customers helped get his plant-based food brand on to supermarket shelves.

from BBC News - Business https://ift.tt/3tJJWoc

UK inflation rate falls to 0.4% in February

The rate is down from 0.7% in January after the cost of clothes and second-hand cars fell.

from BBC News - Business https://ift.tt/2OVcMUa

UK seeks to drill more oil and gas from North Sea

More oil and gas wells are to be drilled in the North Sea, the UK government announces.

from BBC News - Business https://ift.tt/3rmFOcw

Lockdown job-hunting: ‘I’ve applied for over 300 jobs’

If you've spent lockdown looking for jobs, you're not alone... But help is here.

from BBC News - Business https://ift.tt/3rc338N

World's biggest coal company bets on solar power

Coal India Limited's chairman predicts that solar will replace coal as India's major energy provider.

from BBC News - Business https://ift.tt/2OSA4dj

China's biggest car brand launches rival to Tesla

Geely's new premium electric car brand Zeekr comes as Elon Musk goes on the charm offensive in China.

from BBC News - Business https://ift.tt/3vUlPFy

'I was working 72 hours a week - it was cult-like'

As first-year Goldman Sachs analysts ask for a cap on their hours, four BBC News readers share their schedules.

from BBC News - Business https://ift.tt/3vWQTEG

Making honey without bees and milk without cows

Firms are using fermentation to produce honey and milk and say they can match the taste of the real thing.

from BBC News - Business https://ift.tt/3967eg9

Holiday firm Tui to shut 48 more High Street shops

The UK's largest tour operator says the travel industry is facing 'unprecedented pressure'.

from BBC News - Business https://ift.tt/3tMfiuy

GameStop sales struggle after trading frenzy

GameStop provides its first financial update since it became the subject of a trading frenzy.

from BBC News - Business https://ift.tt/2OYYrpu

Yellen: "Global race to the bottom" in corporate tax

The US Treasury Secretary is working with other countries as the US eyes tax hikes.

from BBC News - Business https://ift.tt/394N1HN

Abu Dhabi 'to invest billions' in British business

The United Arab Emirates has agreed a deal to invest in health, tech and green energy, reports say.

from BBC News - Business https://ift.tt/3seFTA0

The Weeknd and BTS help boost music industry revenues to $21bn

BTS had the best-selling album of 2020, helping music industry revenues grow for the sixth year.

from BBC News - Business https://ift.tt/3vRIj9U

'Thrill of investing' leads young to take risks

They are investing in high-risk products for the "challenge, competition and novelty", the regulator says.

from BBC News - Business https://ift.tt/3tK8C00

Covid: £5,000 fine for people going on holiday abroad

It is due to come into force in England next week as some other lockdown restrictions are eased.

from BBC News - Business https://ift.tt/2OR3Zmc

Government's levelling up plans 'need total reorientation'

The Industrial Strategy Council says the government's plans to "level up" regions are flawed.

from BBC News - Business https://ift.tt/2P2aTF9

Cineworld to reopen with cinema-first movie deal

US cinemas will reopen in April followed by the UK in May, with theatres getting exclusivity over streaming.

from BBC News - Business https://ift.tt/3f5Mkle

Goldman Sachs chief praises staff for raising 'inhumane' work concerns

David Solomon says "it's great" young analysts told bosses of 95-hour weeks and poor treatment.

from BBC News - Business https://ift.tt/3lOLzOP

Fresh warnings over Royal Mail parcel scam

Trading standards officers say the text scam links to a copycat website run by fraudsters.

from BBC News - Business https://ift.tt/3lIjZ5Q

Payroll numbers rise but under-25s hit hardest

Official figures indicate the UK jobs market has improved slightly in the past few months.

from BBC News - Business https://ift.tt/3lKsKfQ

Jack Dorsey's first ever tweet sells for $2.9m

The Twitter founder will donate the money to charity after it was bought by a Malaysia-based businessman.

from BBC News - Business https://ift.tt/31lZtid

Baidu shares flat on its Hong Kong 'homecoming'

Shares of China's search engine giant opened just 0.8% above their list price following their Asian launch.

from BBC News - Business https://ift.tt/3tKPL4T

Warner Music teams up with Tencent to crack China

The US record label says the deal with China's tech giant will help make its artists "impossible to ignore".

from BBC News - Business https://ift.tt/2OYrNEz

UK launching four regional trade hubs to boost exports

The hubs in Edinburgh, Cardiff, Belfast and Darlington will aim to provide local firms with advice.

from BBC News - Business https://ift.tt/2NLXpwG

Waitrose ditches magazines with disposable plastic toys

The retailer will stop selling magazines with disposable plastic toys after a campaign by a 10-year-old girl.

from BBC News - Business https://ift.tt/3tF57I6

'Over 50 and overlooked for work'

Suzi Ludlow, 67, from Horsham was made redundant in October and hasn't found a job since.

from BBC News - Business https://ift.tt/2Pn8Tas

'I’ll buy five items and only keep one of them'

With online returns soaring during the pandemic, tech firms are helping retailers deal with the rise.

from BBC News - Business https://ift.tt/3c7JNVZ

Factory blaze adds to computer chip supply crisis

The Renesas fire is set to make it even more difficult for car-makers to buy the chips they need.

from BBC News - Business https://ift.tt/3f0RDT7

Apollo investment chief Leon Black leaves early following Epstein probe

Leon Black unexpectedly steps down, saying inquiries into links with Jeffrey Epstein took a toll on his health.

from BBC News - Business https://ift.tt/3vOvU6L

B&Q-owner Kingfisher sees profits soar on new 'young DIY-ers'

Kingfisher says 18-34 year-olds did more home improvements during lockdown than any other age group.

from BBC News - Business https://ift.tt/3vOJbw3

Ikea France on trial for snooping on staff and customers

Ikea France is accused of spying on staff and customers using private detectives and police.

from BBC News - Business https://ift.tt/2PiNcYJ

Deliveroo targets valuation of up to £8.8bn in share listing

The company plans to issue shares on the London Stock Exchange with customers invited to invest.

from BBC News - Business https://ift.tt/2OWzAmb

UK heading towards digital skills shortage 'disaster'

Demand for AI, robotics and cloud skills is up amid news young people are shunning IT skill courses.

from BBC News - Business https://ift.tt/3s5oFFc

Covid inequality: No vaccination for poverty in a pandemic

People on the financial precipice are disproportionately likely to be unemployed, renting, female, and black.

from BBC News - Business https://ift.tt/3s8x7DP

Donald Trump plans social media comeback, says adviser

The ex-US president, banned by Twitter and Facebook, will launch "his own platform", an aide says.

from BBC News - Business https://ift.tt/3f1gyG0

Turkish lira falls 14% after bank governor sacked

The incoming central bank chief is the fourth in just five years under Turkey's President Erdogan.

from BBC News - Business https://ift.tt/395VqKS

Green plan to upgrade homes was 'botched', say MPs

A scheme offering people up to £10,000 for insulation has only reached 10% of its target, MPs say.

from BBC News - Business https://ift.tt/3vNliFe

Cladding crisis: 'I feel constantly sick and stressed'

Thousands of disabled leaseholders warn they are financially and physically trapped by the crisis.

from BBC News - Business https://ift.tt/2NCcHnt

Shortage of bouncers could stop clubs reopening

The body representing security staff says it may not be able to meet demand when nightlife restarts.

from BBC News - Business https://ift.tt/3s8xb6s

Saudi Aramco's profits slide nearly 45% after lower oil demand

Saudi Aramco makes less than expected but will still pay returns to investors including the Saudi state.

from BBC News - Business https://ift.tt/3fdOY8P

Yate named country's 'most resilient small town'

Retail consultancy CWM analysed 222 towns and Yate near Bristol came out on top.

from BBC News - Business https://ift.tt/3s29SuZ

Qantas boss: Governments 'to insist' on vaccines for flying

"Governments are going to insist" on vaccines for international travellers, Qantas' boss tells the BBC.

from BBC News - Business https://ift.tt/3cPCvVT

Why did Alibaba's Jack Ma disappear for three months?

Alibaba's Jack Ma appeared to fall out of favour after criticising China's regulators.

from BBC News - Business https://ift.tt/3vHLZeh

Coach Holidays: 'More than a business, we're family'

Lack of support for "unfashionable" industry could put 24,000 jobs at risk and leave vulnerable passengers heartbroken.

from BBC News - Business https://ift.tt/3tJmTKx

China and Taiwan face off in pineapple war

Taiwan fights back against Chinese curbs on the export of their fruit - with plenty of support.

from BBC News - Business https://ift.tt/311tT8Z

The 'insane' money in trading collectible cards

Prices of collectible cards are soaring and new digital products are entering the market.

from BBC News - Business https://ift.tt/3c06ewf

Labour seeks probe over Cameron Greensill lobbying

Report alleges former Prime Minister met officials to push for business for collapse finance firm.

from BBC News - Business https://ift.tt/3r2uPom

Builders told to remove 'unfair' ground rent terms

Competition watchdog says Countryside and Taylor Wimpey must change contracts or face legal action.

from BBC News - Business https://ift.tt/3c0Mlou

UK government borrowing hits highest February level on record

The government borrowed £19.1bn last month, the highest figure for that month since records began.

from BBC News - Business https://ift.tt/3vBiFX7

Goldman Sachs' young bankers ask for 80-hour week

First-year analysts have reported 95-hour working weeks plus poor physical and mental health.

from BBC News - Business https://ift.tt/3vF2kjU

Lamborghini's profits soar during Covid

The supercar maker saw record profits, partly fuelled by China, set to become its second-biggest market.

from BBC News - Business https://ift.tt/30ZFRjs

How Covid has changed where we want to live

Cornwall has overtaken London as the most searched for location among property buyers, data suggests.

from BBC News - Business https://ift.tt/30YInGE

Gigabit broadband: First areas to benefit announced

Government announces first stages of plans to get superfast broadband to the majority of UK homes.

from BBC News - Business https://ift.tt/3s1hT3t

MPs say hospitals face disruption as PFI contracts end

Hundreds of facilities built through private finance initiatives are due to be handed over to the government.

from BBC News - Business https://ift.tt/3tyQcix

'We need to reflect on why women still do most of the childcare'

After a year of pandemic and lockdowns, mothers are still doing most of the childcare, a report shows.

from BBC News - Business https://ift.tt/3qUF6Tn

British Airways joins rush to expand remote working

The airline is exploring the sale of its huge Heathrow Airport HQ as part of flexible working plans.

from BBC News - Business https://ift.tt/3tB0ZJi

Peloton: Child killed in 'tragic' treadmill accident

Boss of the hugely-popular home equipment firm warns parents to keep children away from its machines.

from BBC News - Business https://ift.tt/3bVXHu1

Economic outlook 'unusually uncertain' despite 'rapid' vaccine rollout

Bank of England says recovery depends on the 'evolution of the pandemic' despite the 'rapid' vaccine rollout.

from BBC News - Business https://ift.tt/30UdPpB

Grants to buy electric vehicles to be cut to £2,500

A government decision to reduce subsidies 'sends the wrong message', says the motor industry.

from BBC News - Business https://ift.tt/2Q6urbt

US ratchets up pressure on Chinese telecom firms

Three firms face a possible ban from US for being "aligned to Communist China" regulators claim.

from BBC News - Business https://ift.tt/3vEVVoQ

Donald Trump's wealth takes tumble during presidency

The former US president's fortune slipped to $2.3bn according to the Bloomberg Billionaires Index.

from BBC News - Business https://ift.tt/2Qi3aDd

Chinese billionaire abruptly quits firm he founded

Colin Huang steps down as chairman of Pinduoduo as it becomes China's biggest shopping platform.

from BBC News - Business https://ift.tt/2OH5fIc

Accountants: Government to break up dominance of Big Four firms

Business Secretary Kwasi Kwarteng wants to restore confidence in business after high profile failures like Carillion.

from BBC News - Business https://ift.tt/2NrIQhw

Liberty Steel: Nationalise company if necessary, says Ed Miliband

The Shadow Business Secretary tells the BBC the company is too vital for the UK to collapse.

from BBC News - Business https://ift.tt/3eWUzjH

Reddit investors adopt 3,500 gorillas in six days

Redditors donate to gorilla charity, to "make a difference" to our world.

from BBC News - Business https://ift.tt/3eYrjJ0

The coffee start-ups brewing up a storm in lockdown

The pandemic has hit coffee shop chains hard, but some smaller businesses are thriving.

from BBC News - Business https://ift.tt/3cAEmxE

Tui: Scots will fly from Newcastle if travel delayed

The boss of Britain's biggest tour firms says people will move between different airports if rules are different.

from BBC News - Business https://ift.tt/3vy2XMe

US economy to grow faster than forecast, says Federal Reserve

The Federal Reserve upgrades its forecasts as the vaccine programme and stimulus measures kick in.

from BBC News - Business https://ift.tt/2NqgkNe

Disney parks to re-open – but no screaming please

Disney's California parks will re-open after more than a year - but with some changes.

from BBC News - Business https://ift.tt/315NXr7

Uber drivers give mixed response to benefits news

Some drivers welcome Uber concessions on pay and pensions, but others said it made no difference.

from BBC News - Business https://ift.tt/3twf0HY

Covid: EU plans rollout of travel certificate before summer

It will permit travel by those vaccinated, or who have tested negative or recently recovered.

from BBC News - Business https://ift.tt/3bVfrFP

Weddings on hold again after 'confusion' over rules

Some events planned for April and May will have to wait after the government clarifies roadmap rules.

from BBC News - Business https://ift.tt/38S12IN

Government sets out £1bn plan to cut industrial carbon emissions

The government wants firms to waste less energy and develop low-carbon technologies.

from BBC News - Business https://ift.tt/3f16vkv

Philippines' fried chicken king eyes global empire

Jollibee sees plenty of opportunities from the pandemic and plans to open 450 new restaurants this year.

from BBC News - Business https://ift.tt/3vzZHjh

Uighur abuse: MPs criticise companies over China forced labour

The business committee says firms should face sanctions if they cannot prove no links to labour camps.

from BBC News - Business https://ift.tt/2Nq5FSR

LeBron James becomes partner of Liverpool FC owners

The basketball legend becomes a minor partner in the sports group that also owns the Boston Red Sox.

from BBC News - Business https://ift.tt/2NvP4x2

Mental health and scams: 'I'd have paid anything to make me feel better'

A charity calls for protection against online scams, as one victim tells of how she was pressurised to pay.

from BBC News - Business https://ift.tt/3bVO3Yy

P&O Cruises says travellers will need vaccinations

Customers will have to prove they have had two coronavirus jabs to get on the company's cruises.

from BBC News - Business https://ift.tt/2OxsvbT

Refund plan for energy bills when direct debits are too high

Energy regulator Ofgem says customers' overpayments are being used to pay for "unsustainable business".

from BBC News - Business https://ift.tt/3qPx2n3

ATM withdrawals drop by £37bn during year of Covid

The number of trips to cash machines has fallen by 43%, but the amount withdrawn on each visit has risen.

from BBC News - Business https://ift.tt/3txhWEv

So you want a career in building computer games?

A career in computer games can be rewarding but tough to get into.

from BBC News - Business https://ift.tt/3qQma8g

Cladding crisis: 'Repairs could cost more than our flat is worth'

A couple paying for cladding replacement say the costs could leave them bankrupt or with crippling loans.

from BBC News - Business https://ift.tt/38PHapx

Uber to pay drivers a minimum wage, holiday pay and pensions

Taxi app's decision follows court ruling that drivers should be classed as workers, not self-employed.

from BBC News - Business https://ift.tt/3qVm9QD

Football Index collapse: MPs call for inquiry into 'scandal'

The failure of the betting site raises serious questions about regulation of the gambling industry, MPs say.

from BBC News - Business https://ift.tt/30PaUOZ

Intel buys time with 'retrofit' Rocket Lake desktop PC chips

Firm re-engineers laptop chip designs to work with old transistor tech to get performance gains.

from BBC News - Business https://ift.tt/3twlZkt

Ford chooses Dagenham for new Transit engines

The company says the move will help to safeguard jobs at the site, which currently employs 1,900 people.

from BBC News - Business https://ift.tt/3ljR6N4

Nokia to cut up to 10,000 jobs worldwide

The Finnish telecoms giant is shifting investment into 5G and cloud computing research.

from BBC News - Business https://ift.tt/3qRos76

Greggs to open shops despite first loss in 36 years

The bakery chain is confident of long-term recovery despite sales being hit amid the pandemic

from BBC News - Business https://ift.tt/30QNXuA

FCA starts criminal action against NatWest

The Financial Conduct Authority alleges the bank failed to comply with money laundering rules.

from BBC News - Business https://ift.tt/3ljqZG9

China's tech giants fall under regulator's pressure

Tencent saw $62bn wiped off its valuation while Alibaba may have to sell some of its media assets.

from BBC News - Business https://ift.tt/2OUKEQw

'Thorntons says it's closing stores - but we're still open'

Mark Rees and wife Katy say they've had worried calls from staff after the chocolate maker said all stores would close.

from BBC News - Business https://ift.tt/3qKV3LS

Tinder to introduce in-app background checks

One of the world's most popular dating apps will add the paid service later this year.

from BBC News - Business https://ift.tt/3czjcQn

Football Index collapse: 'I lost £4,000 in seven days'

Users of the betting company say they have lost thousands of pounds after the operation was suspended.

from BBC News - Business https://ift.tt/38IUxYI

'The last year for theatre has been hell'

One year since UK theatres were forced to shut, industry figures discuss the dire financial impact.

from BBC News - Business https://ift.tt/3qQMNKf

Facebook to pay News Corp for content in Australia

The "landmark" deal comes after Australia passed a world-first law targeting Facebook and Google.

from BBC News - Business https://ift.tt/3vvpJUU

Bitcoin: Fake Elon Musk giveaway scam 'cost man £400,000'

A German man lost 10 Bitcoin to so-called giveaway scammers on Twitter and experts say scams are rising.

from BBC News - Business https://ift.tt/2Q7vdoO

Why are flowers getting more expensive?

Increased demand, Brexit costs and Covid-related supply issues have all pushed the price of flowers up.

from BBC News - Business https://ift.tt/3qSaB0v

'Interest in e-sports will only grow and grow'

The global e-sports sector is expected to see revenues of more than $1bn in 2021.

from BBC News - Business https://ift.tt/3tiGfWn

Stripe plots European expansion after $95bn valuation

The online payments firm, the most valuable US start-up, was founded by two Irish brothers.

from BBC News - Business https://ift.tt/3cxBGkk

Chocolate maker Thorntons to close all its shops

The chain blames High Street conditions for its decision to shut 61 shops, putting 603 jobs at risk.

from BBC News - Business https://ift.tt/3tj2HyP

Hundreds disappointed by Mother's Day bouquets

Angry customers have taken to social media to complain about delayed deliveries and dead blooms.

from BBC News - Business https://ift.tt/3th25JO

National bus strategy: What is happening to passenger numbers and funding?

As the government unveils its strategy for buses in England, what are the requirements for councils?

from BBC News - Business https://ift.tt/2EDidjS

Elon Musk changes job title to 'Technoking of Tesla'

The firm's chief financial officer has been awarded the title "Master of Coin".

from BBC News - Business https://ift.tt/3qOUdOe

Brexit: EU to begin legal action over alleged NI Protocol breach

PM Boris Johnson says the UK's actions "temporary and technical measures that we think are very sensible".

from BBC News - Business https://ift.tt/3tllN7u

Provident plan to cap doorstep lending compensation

The company says a flood of mis-selling claims leaves the future of its doorstep lending arm at risk.

from BBC News - Business https://ift.tt/3rPpodA

Lockdown hot tub claims leave insurer drained

Accidents involving hot tubs nearly tripled last year, according to home insurer Aviva.

from BBC News - Business https://ift.tt/3bPe7EF

Cost of living: Hand gel in, white chocolate out

Loungewear and smart watches are other commonly bought goods now used to measure changes in the cost of living.

from BBC News - Business https://ift.tt/3bKynqH

UK economy to recover to pre-Covid levels this year, says Bailey

The Bank of England governor says he is "not out of firepower" in defending the economy.

from BBC News - Business https://ift.tt/3vrtafi

Chinese economy continues to show signs of recovery

The world's second largest economy saw factory output surge more than 30% in first two months of 2021.

from BBC News - Business https://ift.tt/38EdQCy

International arms deals stay stable during pandemic

Chinese and Russian exports have declined while the Middle East has seen big growth in imported arms.

from BBC News - Business https://ift.tt/3lkH6TJ

Avatar reclaims title as highest-grossing film

Disney said the blockbuster film regained top spot over the weekend knocking off Avengers: End Game.

from BBC News - Business https://ift.tt/3bJUMV5

Covid-19: Hospitality bosses threaten government with court

They say it is unfair pubs will have to wait five-weeks longer than non-essential retail to reopen indoors.

from BBC News - Business https://ift.tt/2PSs77R

Miles of new bus lanes and more services promised

Ministers say a £3bn plan to upgrade England's bus networks will improve access and air quality.

from BBC News - Business https://ift.tt/30KBg4O

Bank governor under fire for role in RBS scandal

Bank of England governor Andrew Bailey is accused of not disclosing a potential conflict of interest.

from BBC News - Business https://ift.tt/38DZpOx

Covid food delivery: 'You need passion and energy'

Online takeaway deliveries have soared in the pandemic and some firms are stronger for making them.

from BBC News - Business https://ift.tt/38GisrB

Goodbye to the original celebrity private jet

Learjet will stop production this year, having created the private jet market for the super-rich.

from BBC News - Business https://ift.tt/3eASaem

Phone scammers: 'Give me £1,000 to stop calling you'

The rise of scam calls seems relentless - but can anything be done about them?

from BBC News - Business https://ift.tt/3rN2aoi

Covid-19: British Airways plans app-based travel pass

People who have had both jabs will be able to register their status on BA's smartphone app.

from BBC News - Business https://ift.tt/3bKhgW7

Bitcoin surges past $60,000 for first time

The volatile cryptocurrency extends its record-breaking run to reach a new high.

from BBC News - Business https://ift.tt/2OxIeaB

Pandemic impact 'yet to be felt' on high streets

An average of 48 outlets per day closed last year, but there may be worse to come.

from BBC News - Business https://ift.tt/3tgRO0u

Garden furniture shortage no picnic for retailers

Supply problems are due the huge rise in demand last year and rising shipping costs.

from BBC News - Business https://ift.tt/3lg4bH2

When will I be able to see my mum?

Mother's Day is hard if your mother is overseas and you don't know when you'll be able to travel again.

from BBC News - Business https://ift.tt/38BaJet

Would you scrap your car for public transport credits?

A scheme in the Midlands is encouraging people to scrap their cars to get public transport credits.

from BBC News - Business https://ift.tt/3tiaQDo

Covid-19: 48,000 businesses sign up for rapid testing

All companies in England can register for workplace coronavirus testing until 31 March.

from BBC News - Business https://ift.tt/3bEX1Jt

House builders 'should drop appalling gagging orders'

Developers who carry out repair work should not require non-disclosure agreements, says an MP.

from BBC News - Business https://ift.tt/3qOxO3K

'I play digital music through my 1949 radio'

People share some of their collections of vintage technology and explain why it is still useful.

from BBC News - Business https://ift.tt/38w2gJE

Roblox: 'We paid off our parents' mortgage making video games'

The popularity of online gaming platform Roblox has allowed some developers to make serious money.

from BBC News - Business https://ift.tt/3ey6ELP

Mathias Cormann set to head OECD despite climate record

However critics say former finance minister Mathias Cormann has an 'atrocious' record on climate change.

from BBC News - Business https://ift.tt/3bJ86JE

Football Index: What has happened to online betting company and what has the fallout been?

Football Index has entered administration and had its gambling licences suspended - what happened and what does it mean for customers?

from BBC News - Business https://ift.tt/38u0BEj

Ant Group boss Simon Hu steps down in restructuring

Simon Hu is being replaced as the payments giant undergoes changes to meet regulators' demands.

from BBC News - Business https://ift.tt/3qGE79d

Legoland Windsor's new attraction on greenbelt land to open

The theme park was granted planning permission despite concerns over "harm to the greenbelt".

from BBC News - Business https://ift.tt/3bDdnSK

Cumbria coal mine: 'Increased controversy' prompts public inquiry

Ministers were warned the proposal is damaging the UK's reputation ahead of a major climate summit.

from BBC News - Business https://ift.tt/3ew6O6k

UK economy shrank 2.9% in January amid lockdown

Official figures show the UK's gross domestic product is 9% smaller than before the Covid pandemic.

from BBC News - Business https://ift.tt/2OJ1lyq

Grab seeks US listing with $40bn valuation: report

The fast-growing company operates the dominant ride-hailing app across much of South East Asia.

from BBC News - Business https://ift.tt/30OuX09

Coupang: Harvard dropout rockets into mega-billionaire's club

The "Amazon of South Korea", Coupang was founded by Bom Kim and has just listed its shares.

from BBC News - Business https://ift.tt/3tcQ3RW

Households 'buy 3.2 million pets in lockdown'

Many have bought pets in response to social isolation, but there are concerns about animal welfare.

from BBC News - Business https://ift.tt/2NaSbdB

Royal Mail to trial Sunday parcel delivery

The postal service will make deliveries for major retailers as online shopping continues to grow.

from BBC News - Business https://ift.tt/3qGGyst

Car insurance claims plunge as drivers stay at home

The drop in claims is not mirrored in cheaper premiums, but insurers say motorists have been supported.

from BBC News - Business https://ift.tt/3eDtqBQ

Netflix considers crackdown on password sharing

The streaming platform is requiring some users to verify they're authorised to access the account.

from BBC News - Business https://ift.tt/3cndrFw

Singapore PM: 'Considerable risk' of severe US-China tensions

Singapore Prime Minister Lee Hsien Loong says there is "significant anxiety" over US-China ties.

from BBC News - Business https://ift.tt/2OqJOLx

Exchange email hack: Hundreds of UK firms compromised

Hackers linked to China have found footholds inside hundreds of companies after a mass hack.

from BBC News - Business https://ift.tt/2PUDD2J

'I went from Hollywood glamour to food donations'

The Los Angeles awards season workers who have had to find new jobs.

from BBC News - Business https://ift.tt/3ci3HMN

Covid stimulus: Biden signs $1.9tn relief bill into law

The US government has now spent more than $5tn on recovery efforts during the pandemic.

from BBC News - Business https://ift.tt/3rDiSqk

Uber and Lyft to swap data on banned drivers

The two taxi apps have faced scrutiny for how they handle incidents of sexual assault and other safety issues.

from BBC News - Business https://ift.tt/2Ndrd54

Covid: Jet2 customer asked to pay £1,000 to change flight dates

Olivia Sparnenn-Josh says she opted against a refund when her trip last year was cancelled.

from BBC News - Business https://ift.tt/3l7vzad

Derbyshire cheese maker upset at £180 post-Brexit Stilton fee

Hartington Creamery says the paperwork needed for each order is costing too much.

from BBC News - Business https://ift.tt/3rDbYRZ

Brexit: UK delays border checks on EU goods into Great Britain

The government says the move will allow firms to prepare and concentrate on recovering from Covid.

from BBC News - Business https://ift.tt/3l6X57P

HSBC plans to phase out coal lending by 2040

The bank will ask investors to back the plan following pressure from a shareholder campaign group.

from BBC News - Business https://ift.tt/38qWx7G

Virtual reality headsets for work ‘could snowball’

Use of the headsets by people working from home could pick up quite rapidly, a business group says.

from BBC News - Business https://ift.tt/2OpPhlD

Wales lockdown: Shop owners 'treated like children' over reopening

Businesses in one market town say they are lacking detail over when they will be allowed to reopen.

from BBC News - Business https://ift.tt/3rEivvt

John Lewis warns of further store closures

The department store giant says it does not expect to reopen all of its shops post-lockdown.

from BBC News - Business https://ift.tt/30L0Syx

Rolls-Royce plunges into the red on air travel hit

The aircraft-engine maker's boss says 2020 was an "unprecedented" year after the collapse in air travel.

from BBC News - Business https://ift.tt/3rBt4j7

Covid vaccines to top the agenda at 'Quad' meeting

The four country alliance is expected to discuss financial support for vaccine manufacturing in India.

from BBC News - Business https://ift.tt/3cpxnHX

Australians to be offered half-price flights to boost local tourism

Travel subsidies will help the local tourism sector recover from the pandemic, PM Scott Morrison says.

from BBC News - Business https://ift.tt/2PRD6yy

Warren Buffett finally joins exclusive $100bn club

The 90-year-old investor is part of an elite group of five, although he has given billions to charity.

from BBC News - Business https://ift.tt/3vg5ydJ

Facebook asks judge to throw out FTC anti-trust lawsuit

The charges allege Facebook bought up its rivals to maintain a monopoly.

from BBC News - Business https://ift.tt/3rwaEA9

M&S to sell clothes from rival brands to boost online sales

The High Street stalwart will sell items from 11 different clothing brands on its website from spring.

from BBC News - Business https://ift.tt/3esPGyg

CEO Secrets: Talking to male investors about bras can be 'awkward'

Tanya Robertson of lingerie firm Womanhood explains how she pitches her business to male investors.

from BBC News - Business https://ift.tt/3vfTQzN

Biden's $1.9tn Covid relief bill passes US Congress

The US government has now spent more than $5tn on recovery efforts during the pandemic.

from BBC News - Business https://ift.tt/3t3qEdl

Tomahawk Steakhouse returns 500 workers' pay loans

The Tomahawk Steakhouse chain asked furloughed staff to loan it 10% of their wages to cover costs.

from BBC News - Business https://ift.tt/3tbNRdr

Aston Martin: '200 jobs to go' at St Athan plant

A union says the losses are "deeply concerning" and raise questions about commitment to the site.

from BBC News - Business https://ift.tt/3eok2SN

Roblox: How the children's game became a $30bn bet on the Metaverse

The gaming company, which has just floated on Wall Street, has plans to inhabit a wider world.

from BBC News - Business https://ift.tt/3bzET3O

Covid-19: Evictions ban in England extended until May

It will come as a relief to many "frightened" renters but was not a long-term answer, say campaigners.

from BBC News - Business https://ift.tt/38rTkVD

Heathrow says airport border queues at 'unacceptable level'

The airport regularly sees queuing times of three hours and on occasion six hours, an executive says.

from BBC News - Business https://ift.tt/3bxztGk

Lego 'to hire hundreds' more in UK in digital drive

The toy giant sees best sales in five years as lockdown spurs growth in Lego sets for families.

from BBC News - Business https://ift.tt/3qyepnp

Tesco to start recycling plastic bags and crisp packets

The supermarket is rolling out new recycling points for soft plastics that often end up in landfill.

from BBC News - Business https://ift.tt/3bxDZVt

The Restaurant Group: Wagamama owner to raise millions as lockdown bites

The Restaurant Group says its sales dived by 57% last year after its sites were forced to close.

from BBC News - Business https://ift.tt/3ekh1Ts

Klarna boss: 'I'm surprised by buy now, pay later concerns'

The boss of the payments firm says it upsets him when the company is compared to Wonga.

from BBC News - Business https://ift.tt/3t4VBh9

Cathay Pacific posts record $2.8bn loss for 2020

The Hong Kong airline cut thousands of jobs and received a $5bn government bailout last year.

from BBC News - Business https://ift.tt/30vE85a

Security firm probes hack of '150,000 cameras'

Bloomberg reports the hack exposed camera feeds showing the insides of offices, hospitals and businesses.

from BBC News - Business https://ift.tt/2N5EYTi

Trader gets painted stones instead of $36m of copper

The company says it took delivery of six thousand tonnes of spray-painted rocks instead of the metal.

from BBC News - Business https://ift.tt/38sYoci

Air passenger duty: Review of tax on domestic flights planned

Boris Johnson says he wants to see air passenger duties on UK flights fall to help neglected areas.

from BBC News - Business https://ift.tt/38qnDvC

Money launderers 'prey on generation Covid'

Promises via social media to make "quick cash" are attracting those struggling for work, banks say.

from BBC News - Business https://ift.tt/30pTdoY

'Right to repair' law to come in this summer

Manufacturers will be obliged to make spare parts for appliances available to consumers for the first time.

from BBC News - Business https://ift.tt/30v72Cs

Coronavirus: How airlines stay safe to fly

Amid Covid-19, airlines are finding ways to keep their aircraft and staff ready to fly again.

from BBC News - Business https://ift.tt/2N6DisK

Shops return to rural Sweden but are now staff-free

In Sweden shops with no staff are popular in rural locations that have lost their local shops.

from BBC News - Business https://ift.tt/2OAITYq

EU seeks to supercharge computer chip production

The European Commission wants 20% of the world's cutting-edge chips to be manufactured locally.

from BBC News - Business https://ift.tt/30rQpHV

Milk-alternative firm Oatly to open UK factory in Peterborough

The opening of the factory, producing a milk alternative, will create "at least 200 jobs".

from BBC News - Business https://ift.tt/3cijqeC

Holidays: UK domestic cruises 'could restart in May'

Cruise lines will be able to restart domestic trips as early as 17 May, according to the maritime minister.

from BBC News - Business https://ift.tt/2POmGHd

OECD: Prospects brighter for global economy

The OECD upgrades forecasts for the UK and global economy, but says pandemic costs will weigh on countries.

from BBC News - Business https://ift.tt/30oepMd

Liberty Steel boss Sanjeev Gupta says collapse of lender is challenging

Sanjeev Gupta, owner of Liberty Steel, says he is seeking new funding after Greensill Capital went under.

from BBC News - Business https://ift.tt/3v7v04X

Unilever drops word 'normal' from beauty products

The owner of Dove and Vaseline will remove the word from about 200 products in a push for inclusivity.

from BBC News - Business https://ift.tt/30nNosh

'Hybrid working will become the norm'

The return to the office after the pandemic will be only partial, says global workspace provider IWG.

from BBC News - Business https://ift.tt/3brN1TC

UK businesses caught buying five-star Google reviews

Consumer group Which? staged a sting operation to investigate fake Google reviews in the UK.

from BBC News - Business https://ift.tt/2MX6VfQ

Thailand launches yacht quarantine for tourists

It already allows visitors to spend their quarantine on a golf course in an effort to boost tourism.

from BBC News - Business https://ift.tt/3kYGRxJ

Sales of school uniforms surge ahead of reopening

Demand for uniforms, computers and household accessories rose after plans to ease lockdown were published.

from BBC News - Business https://ift.tt/3eniAAa

Zoom founder Eric Yuan transfers $6bn of his shares

His personal wealth soared as the video conferencing platform became a household name during the pandemic.

from BBC News - Business https://ift.tt/3ry8wru

'Deepfake is the future of content creation'

Deepfake, or AI-generated videos, are increasingly being used commercially.

from BBC News - Business https://ift.tt/3tb8Yg3

Sainsbury's warns of national shortage of pet food pouches

The retailer is running low on dog and cat food pouches and warns the issue will be "ongoing" in 2021.

from BBC News - Business https://ift.tt/3t6aGPJ

Google HR 'suggested medical leave' for racism victims

Google staff in the US who complain over racism were advised to take mental health leave, NBC reports.

from BBC News - Business https://ift.tt/3brDOuu

Mark & Spencer launches online operations in 46 markets

The retailer's expansion into 46 markets marks the latest move to grow its digital business.

from BBC News - Business https://ift.tt/3eldLqM

Retailer Boohoo submits plans for new Leicester factory

Last year the online clothing company found there were "many failings" within its supply chain in Leicester.

from BBC News - Business https://ift.tt/38m5T4C

Travel firms ‘excluded’ from government support

An industry body says many travel companies are missing out and calls for sector-specific funding.

from BBC News - Business https://ift.tt/3c7wpQi

Fears for 5,000 UK steel jobs as lender nears collapse

The main backer of the UK's third-largest steelmaker is to go into administration, the BBC has learned.

from BBC News - Business https://ift.tt/3ekgsJ6

Bank of England governor sees light at the end of the tunnel

But Andrew Bailey says the economy will need to adapt as people work and shop from home more often.

from BBC News - Business https://ift.tt/3rrpvMl

BP staff set to work from home two days a week

The oil giant told staff last month that the new model will start for office-based staff this summer.

from BBC News - Business https://ift.tt/3sXQD5H

Deliveroo boss Will Shu: 'I was never into start-ups'

Will Shu's comments come as the food delivery firm sets out flotation plans but reports another loss.

from BBC News - Business https://ift.tt/38kov4U

Billionaire Mackenzie Scott marries science teacher

The ex-wife of Amazon's Jeff Bezos is one of the world's richest women and a major philanthropist.

from BBC News - Business https://ift.tt/3c8eDMV

Virgin sues partner over claims about its brand value

Brightline dropped the Virgin name from its trains saying its reputation has been damaged from the pandemic.

from BBC News - Business https://ift.tt/3kTRLVi

China says manufacturing 'greatness' still 30 years away

While many already see China as the world's factory its leaders want less dependence on US technology.

from BBC News - Business https://ift.tt/3qr0TC7

Cladding rules: New guidance to help flat owners stuck in 'limbo'

The recommendations aim to reduce the number of safety checks banks request on blocks of flats.

from BBC News - Business https://ift.tt/3c7WEGp

Women set for '£100,000 pension pay gap' with men

A young woman today would have to work 40 years more to retire with the same amount, research suggests.

from BBC News - Business https://ift.tt/3rq19CF

'We women are pushed out of work because of childcare. It's hurtful'

The stories of two US women who lost their jobs early on in the pandemic - and haven't worked since.

from BBC News - Business https://ift.tt/3ehKmOr

Cumbria shellfish producers call for water grading change

There are calls for the UK to use "more flexible" EU coastal water testing regimes instead.

from BBC News - Business https://ift.tt/30pkyaE

French MP and billionaire Olivier Dassault dies in helicopter crash

President Macron says Olivier Dassault's death in a helicopter crash in Normandy is a great loss.

from BBC News - Business https://ift.tt/3c8jCNE

Aston Martin's electric sports models to be made at Gaydon plant

The luxury car manufacturer says its battery-powered sports cars will be made in Warwickshire.

from BBC News - Business https://ift.tt/3qpuvQ3

Deliveroo to hand riders up to £10,000 in UK float

The food delivery firm, set to be valued at $7bn (£5bn), will also offer shares to takeaway customers.

from BBC News - Business https://ift.tt/3qn81PJ

Ikea boss warns tariffs will lead to higher prices

Jesper Brodin, who heads the firm, says he fears global trade tensions will mean customers must pay more.

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What's your pension invested in?

While pension pots are going green, how easy is it to dump investments in tobacco or gambling?

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Covid-19: Rapid testing available to all businesses in England

It is hoped the wider rollout of workplace testing will mean more asymptomatic cases are detected.

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Cladding rules: 'I would never have bought my flat if I knew'

Confusion over building safety rules has left many people unable to move home without hard-to-obtain checks.

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Pubs deluged with beer garden bookings

Pubs in England report high demand bookings from the 12 April opening date for beer gardens.

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US and EU suspend tariffs in Boeing Airbus row

The move comes a day after the US agreed to suspend its tariffs on UK imports stemming from the dispute.

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Ellesmere Port: Vauxhall plant pauses production as demand sags

The owner of the Ellesmere Port plant says the halt is nothing to do with talks over its future.

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English travellers face fines and losing flights without permit

Anyone travelling overseas from England from Monday will have to prove they are allowed to travel.

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Bricklayers among most likely to have suffered pay cut

IT workers and air travel assistants have also seen earnings fall in the pandemic, research shows.

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US sees jobs surge as rebound gains steam

US employers added 379,000 jobs in February, the Labor Department said in its monthly jobs report.

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Budget removed uncertainty for house buyers, says the Halifax

The UK's largest mortgage lender, the Halifax, says the stamp duty holiday extension was welcome.

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Budget 2021: Frasers Group says business rates package 'near worthless'

Mike Ashley's group says the package would make it "nearly impossible" to take on ex-Debenhams stores.

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China rebounds with economic growth target above 6%

Economic growth last year languished at 2.3%, the country's poorest result in decades.

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Tesla partners with nickel mine amid shortage fears

There are concerns about supplies of nickel - needed for lithium-ion batteries that power electric cars.

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New York cinemas reopen but will people come?

Movie theatres are welcoming back audiences on Friday hoping there is pent-up demand for a night out.

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Budget 2021: Four things that critics say were missing

Where was the help for the environment, social care, renters, and to cover the future costs of Covid?

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'After the first cancellation it didn't go back to normal'

The so-called sharing economy has been greatly affected by the continuing Covid-19 pandemic.

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US suspends tariffs on single malt Scotch whisky

The suspension, which includes other goods, covers tariffs that were imposed in a row over Airbus subsidies.

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Deliveroo unveils plans for '$7bn' London listing

The food delivery firm hopes to list its shares on the London Stock Exchange this year.

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Apple investigated over 'unfair' App Store claims

The Competition and Markets Authority has launched an investigation into how Apple's app store is run.

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Budget 2021: Inequality set to rise, say campaigners

Campaign groups say half a million people will fall into poverty because of Rishi Sunak's benefit changes.

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Budget 2021: UK's tax burden to 'reach highest levels since 1960s'

Chancellor Rishi Sunak says decisions made in his Budget might not be "popular" but are "honest".

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Reddit chief: I was late to spot GameStop stock mania

Steve Huffman says he supported the aims of a Reddit group taking on the hedge funds.

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Women retirees win £2.7bn for underpaid pensions

About 200,000 pensions may get top-ups averaging £13,500 after nearly two decades of shortfalls.

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Sands selling Las Vegas casino to bet big on Asia

The gaming giant is offloading the Venetian in a $6.25bn deal to invest in Singapore and Macau.

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Budget 2021: 'I'm finding it hard to celebrate'

There's more support for many in the Budget, but for some it still falls short.

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Amazon Fresh till-less grocery store opens in London

The shop will stock hundreds of new own-brand items including locally-sourced milk and desserts.

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Twin sisters worth millions thanks to female gamers

The Nakajima twins develop games for women and three-quarters of their workforce are female.

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How can we make washing machines last?

Sweden is trying to encourage consumers to repair household items like washing machines.

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Budget 2021: Covid deaths set to cut state pension costs

Forecasts suggests inheritance tax receipts will also rise, partly due to over-65s dying of Covid

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Budget 2021: What is levelling up and how is it going?

Levelling up was one of the themes of the chancellor's Budget.

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Budget 2021: No 'green revolution' from Sunak

Green measures such as a change to the Bank of England's remit do not go far enough, critics say.

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Budget 2021: Million more set to pay income tax by 2026

People who get a pay rise between this April and 2026 may find themselves paying a higher rate of tax.

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Budget 2021: Tax on company profits to rise to 25%

Corporation tax will rise from 2023, but there is relief for small firms and breaks for companies that invest.

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Stamp duty holiday extended to end of June

After June there will be tapered relief for the next three months, the chancellor announces.

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Budget 2021: Sunak announces extension to universal credit £20 top up

Rishi Sunak announces a temporary extension to universal credit until September as part of pandemic support.

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Budget 2021: 10 ways Rishi Sunak's speech affects you

Chancellor Rishi Sunak's Budget is packed with policies that will affect your finances. Here is a guide.

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Budget 2021: Business rates holiday extended to June

The chancellor's business rates holiday for England will run for another three months.

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Budget 2021: Rishi Sunak hails 'swifter and more sustained' recovery

However, the chancellor says repairing the long-term economic damage from Covid "will take time".

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Budget 2021: Rishi Sunak vows to 'protect jobs and livelihoods'

The chancellor extends furlough for workers - and sets out plans to increase business taxes in his Budget.

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Budget 2021: Key points at-a-glance

Rishi Sunak is delivering his annual Budget in the House of Commons. Here's what you need to know.

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Budget 2021: Contactless card limit will rise to £100

The move, taking effect later this year, will more than double the current limit of £45.

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Academics face battle over pension scheme deficit

Trustees of the Universities Superannuation Scheme say contributions must rise steeply.

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Microsoft accuses China over email cyber-attacks

The US tech giant blamed the attacks on Hafnium, a state-sponsored group operating out of China.

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Covid: Qantas launches 'mystery flights' to boost tourism

Airlines in the region are coming up with different strategies to tackle the pandemic travel slump.

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Rio Tinto chief to step down over cave destruction

The 46,000-year-old Juukan Gorge rock shelters were destroyed to make way for an iron ore mine last year.

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Some UK arrivals 'still waiting' for quarantine Covid tests

International arrivals from countries not on the UK's "red list" must take two Covid tests during quarantine.

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'Find people who complement your weaknesses'

Amber Atherton, boss of tech firm Zyper, says you need staff who are good at things you might not be.

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Hill review: London takes aim at Amsterdam with new listing rules

Under proposals in a new report, company founders could maintain control even after listing them on a London exchange.

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Furlough support scheme to be extended until September

The chancellor is set to extend the wage support scheme, while more self-employed will be eligible for help.

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Budget 2021: What we know so far about Sunak's spending plans

From money for the arts to help for small firms, here are the spending plans announced so far.

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Unions fear over thousands of steel jobs as 'Saviour of Steel' hits crisis

Unions fear for 5,000 jobs in UK steel and engineering as owner Sanjeev Gupta hits financial crisis.

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Nike exec quits after report of son's shoe resale business

He reportedly used a credit card in her name to buy $132,00 worth of shoes.

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Pontins used 'undesirables list' of Irish surnames

The holiday firm is to review working practices after using a list to screen out Gypsies and Travellers.

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Taylor Wimpey sets aside £125m for cladding and fire safety repairs

The UK housebuilder sets aside more money to help bring buildings in line with latest regulations.

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Boohoo 'not aware' of investigation after reports of US import ban

The online clothing company is "confident" it can ensure it meets US import standards.

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Funerals: Cold-calling ban among plans for pre-paid services

Stricter rules are proposed for when the sector is overseen by the UK's financial regulator.

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Energy firms overcharged one million switching customers

Households were overcharged by a total of £7.2m when they should have been protected from price rises.

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UK house prices see 'surprise' pick-up, says Nationwide

An unexpected acceleration in values last month pushed prices to a record high, the Nationwide says.

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Volvo Cars bets on electric vehicles

Volvo is only going to sell electric cars by 2030, the Swedish firm says.

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Carlos Ghosn: US father and son extradited to Japan

The two allegedly helped the ex-Nissan boss escape Japan while he was on bail for financial crimes.

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Budget 2021: Chancellor set to announce £400m for arts sector

The funds will be aimed at helping museums, theatres and galleries in England reopen once restrictions ease.

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Budget 2021: Five things to look out for

Tax rises and an extension of Covid support are both tipped to be announced in this week’s Budget.

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Aston Martin: The billionaire building 'a British Ferrari'

Lawrence Stroll, executive chairman of Aston Martin, told the BBC he wants to build a firm with a "luxury profile".

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Dozens of arts freelancers lose out on Covid support over tax 'error'

Dozens of arts freelancers miss out on Covid support because of errors with their pay, Equity says.

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Teen entrepreneurs: 'My friend's pug inspired my business'

Meet three teenagers who decided to set up their own businesses in lockdown.

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Zoom sees more growth after 'unprecedented' 2020

Zoom boss calls working from home "new reality" and predicts growth - but not at last year's pace.

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Vauxhall: Business Secretary 'hopeful' over car plant future

The owner of the Ellesmere Port factory, which employs about 1,000 workers, is in talks with the government.

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Joe Biden takes swipe at Amazon over union fight

As Amazon workers vote on joining a union, the US president says "there should be no intimidation" from employers.

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Heathrow Airport seven-hour queues 'inhumane', say passengers

Travellers complain of having to queue for up to seven hours because of new Covid measures at border control.

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Ngozi Okonjo-Iweala makes history at WTO

The former Nigerian finance minister becomes the first woman, and the first African, head of the WTO.

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Covid: 'People are tired of working from home'

Canary Wharf expects people to return to the office but may choose home working some of the time.

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Tomahawk Steakhouse staff told 'loan firm 10% or face sack'

The GMB Union says employees have been told to sign a loan agreement or face possible dismissal.

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