Nissan announces major UK electric car expansion

The carmaker will build its new all-electric model in Sunderland, alongside a massive electric battery plant.

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Didi: Chinese ride-hailing giant makes $68bn US debut

It is the biggest US stock market listing by a Chinese company since Alibaba's debut in 2014.

from BBC News - Business https://ift.tt/3hrWso3

UK's furlough scheme starts to wind down

Employers will start paying part of workers' furlough wages as the job support scheme is withdrawn.

from BBC News - Business https://ift.tt/3weGP8Y

Covid: What impact has the furlough scheme had?

As the furlough scheme starts to draw to a close, how much did it cost and did it achieve its aims?

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

'Right to Repair' law will extend lifespan of products, government says

Appliances will be cheaper to run, the government says, under plans that will extend the lifespan of household goods.

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

Sunak to outline UK roadmap for financial services

The chancellor will pledge to make the UK the world's most "advanced and exciting" financial services hub.

from BBC News - Business https://ift.tt/2UZ7IRn

Covid-19 furlough scheme starts to be scaled back

As financial support reduces, we hear from a worker who has been on and off furlough for 15 months.

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CEO Secrets: How to keep your staff in a crisis

A medical-tech boss describes her strategy for keeping her team together in a crisis.

from BBC News - Business https://ift.tt/3h5FnkB

Gap to close all 81 stores in UK and Ireland

The fashion chain says it will be online-only from the end of September.

from BBC News - Business https://ift.tt/3w6gqdd

Green Saving Bond details revealed - except for one key factor

Savers' money will go to the government for environmental projects, but the interest to be paid remains unknown.

from BBC News - Business https://ift.tt/3y6pQH2

Bank of England's Andy Haldane voices 4% inflation fear

The Bank of England's departing chief economist warns that the risk of high inflation is "rising fast".

from BBC News - Business https://ift.tt/3w74MPl

Trump Organization expected to be charged over tax

The firm and its chief financial officer are set to be charged with tax-related crimes, reports say.

from BBC News - Business https://ift.tt/3xbTj2q

Tradespeople shortages develop as EU workers leave

The founder of Homeserve says there aren't enough tradespeople EU workers leave and demand rises.

from BBC News - Business https://ift.tt/3y3htvK

Pandemic opened people's eyes to the value of tech - Dixons boss

Alex Buldock says the pandemic and working from home opened people's eyes to the value of tech.

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

India's Bharti invests $500m in UK space start-up OneWeb

The cash injection comes after the British government and Bharti Global bailed out the company last year.

from BBC News - Business https://ift.tt/2SFAaH4

Name all firms receiving furlough cash, say MPs

The call from an influential committee of MPs comes amid fears of fraud and error in Covid schemes.

from BBC News - Business https://ift.tt/3w6xOi6

Why small investors are piling into share-trading apps

A boom in cheaper trading is tempting some inexperienced investors to take big risks, warn experts.

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

Portugal exempts under-18s from quarantine

But they must be travelling with a fully vaccinated parent or guardian, say tourism authorities.

from BBC News - Business https://ift.tt/3600puH

United Airlines bets on travel boom with big plane order

The US airline announces its largest aircraft order to date, for 270 Boeing and Airbus planes.

from BBC News - Business https://ift.tt/3y4K5or

Teneo PR firm boss quits over drunken misconduct claims

Declan Kelly steps down over what he called "an inadvertent, public and embarrassing mistake".

from BBC News - Business https://ift.tt/3w5tiAc

Foreign business leaders may get quarantine exemption

Executives visiting England from amber-list countries will not need to isolate if trip is a big economic benefit.

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

Brewdog: Watchdog urged to probe solid gold can prize claim

The brewery company could be in hot water as winners dispute the value of the "solid gold" beer cans.

from BBC News - Business https://ift.tt/3jpG5Lh

Makeup firm Revolution Beauty plans share sale

The move comes eight years after the firm behind brands such as Makeup Revolution was founded.

from BBC News - Business https://ift.tt/364mxE8

Charities say energy choice needed in poorer homes

People with prepayment meters should get priority for new, money-saving energy technology, charities say.

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

Staff should get time off for England game, Starmer says

Sir Keir Starmer says workers should be allowed to finish work early to watch England play Germany.

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House prices rise at fastest pace since 2004

Prices rose 13.4% in the UK in the year to June and are close to record highs in relation to incomes.

from BBC News - Business https://ift.tt/3w4sQlY

UK must take action on electric car technologies, says SMMT

SMMT is urging investment into charging points and battery factories to safeguard car industry jobs.

from BBC News - Business https://ift.tt/3hdxN6E

Hong Kong bans all incoming flights from UK over Covid concerns

The city is worried about the more infectious Delta strain and ranks Britain as a 'high risk' country.

from BBC News - Business https://ift.tt/3y26Vgp

Stars call for 'gadget levy' to fund UK creatives

A small percentage of devices' cost should go into a fund for UK creators and performers, a group says.

from BBC News - Business https://ift.tt/3A8HbRG

Police are failing to protect shop workers, say MPs

A Home Affairs Committee report is calling for new laws to help protect shop workers from abuse.

from BBC News - Business https://ift.tt/3y22CSn

The tech helping parents look after their babies

A growing number of technology firms are aiming to help reduce the anxiety of new mums and dads.

from BBC News - Business https://ift.tt/36aymsR

US judge throws out Facebook anti-trust lawsuits

The judge said lawsuits filed by the FTC and a group of states were vague or occurred too long ago.

from BBC News - Business https://ift.tt/3y2TmgV

Juul to pay $40m in US lawsuit over teen targeting claims

The e-cigarette company will pay $40m (£29m) to North Carolina and will change its marketing in-state.

from BBC News - Business https://ift.tt/3qx4tfl

Nissan to create thousands of UK jobs in battery investment

The carmaker is set to announce a major expansion of battery production in Sunderland.

from BBC News - Business https://ift.tt/3jnyNI2

Portugal makes UK unvaccinated people quarantine

UK travellers will have to quarantine for 14 days while Germany wants EU to step up restrictions.

from BBC News - Business https://ift.tt/3xV4sEs

Greggs' sales recovery stronger than expected

The bakery chain says sales have continued to grow, while car dealership Lookers also enjoys strong trade.

from BBC News - Business https://ift.tt/3jh0vGh

Greensill auditor under investigation by watchdog

Saffery Champness's work for Sanjeev Gupta's financial backer is being probed by the FRC.

from BBC News - Business https://ift.tt/3y102ME

FCA bans world's largest crypto-currency exchange Binance

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.

from BBC News - Business https://ift.tt/3jk1R2R

Small businesses urgently call for more Covid support

Payments on VAT and loans kick in from next week but many companies cannot operate until 19 July.

from BBC News - Business https://ift.tt/3x6iXW8

Jack Dorsey: Unpicking Twitter boss's passion for Nigeria

The social media platform is banned but Jack Dorsey remains a hugely popular figure in the country.

from BBC News - Business https://ift.tt/3xZ81tv

'Black rainstorm' warning suspends Hong Kong trading

It is the city's first 'black rainstorm' warning of 2021 with more than 70mm of rain forecast.

from BBC News - Business https://ift.tt/3w2UL5H

Pandemic work stress: How I learned to deal with it

The disruption caused by the pandemic has raised fears of burnout, but workers are finding solutions.

from BBC News - Business https://ift.tt/2U9CeqV

BT and OneWeb sign rural broadband deal

The telecoms firm and satellite company explore ways of providing rural broadband in remote areas.

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

Brexit: NI business disruption needs to be fixed, says Lewis

The NI secretary calls on the EU to show more flexibility in implementing the NI Protocol.

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

Johnson & Johnson to pay $230m to settle opioid claim

Drugs firm to pay to settle claims it fuelled opioid painkiller addiction crisis in New York State.

from BBC News - Business https://ift.tt/3xUN3fe

'I spent £70,000 on pilot training but can't get a job'

Newly qualified pilots are indebted and jobless as airlines reel from the pandemic, says the industry.

from BBC News - Business https://ift.tt/3jevd2M

Hairdressers fear staff crisis after apprentice shortage

The pandemic caused the already decreasing number of apprentices to fall further, hairdressers say.

from BBC News - Business https://ift.tt/3h6FV8H

Armed Forces Day: Coin honouring Prince Philip unveiled

The special edition coin features a portrait of the Duke of Edinburgh that was approved in 2008.

from BBC News - Business https://ift.tt/3wZBl30

E10 petrol: What is it and can my car run it?

A more eco-friendly petrol is coming to filling stations in the UK - but it's not suitable for all cars.

from BBC News - Business https://ift.tt/35UVOKc

Cash access as vital as running water, says Age UK

The charity says people should get a guarantee of access to cash, as they do with water and electricity.

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

Builders embrace new ways of flexible working

A forklift driver can't work from home, but there are other ways the industry can offer more flexibility.

from BBC News - Business https://ift.tt/2T6EFdS

Africrypt brothers deny involvement in Bitcoin 'heist'

Investors accuse South African firm of absconding with Bitcoin valued at billions of dollars.

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

Green list change prompts holiday pricing chaos

Prices for some destinations doubled overnight but others are falling as demand and supply flip flops.

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

Amazon and Google investigated over fake reviews

UK competition watchdog begins formal probe into whether the internet giants have broken consumer law.

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

Toshiba: Scandal-hit chairman ousted by investors

It comes after the firm was found to have helped suppress the interests of foreign investors.

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

Nike chief executive says firm is 'of China and for China'

The sportswear giant was recently hit by a backlash over statements on Xinjiang and the Uyghurs.

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

Covid: Green list expansion 'not enough', say travel bosses

Sixteen places - including Ibiza - have been added to the green list, but industry leaders want more.

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

Inaccurate gas and electricity bills criticised

The problem puts an extra strain on finances already affected by the pandemic, Citizens Advice says.

from BBC News - Business https://ift.tt/3j6BKMW

Covid: How do you feel about going back to the office?

As lockdown restrictions are set to lifted, how do people feel about going back to the office

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

Biden backs bumper economic stimulus bill - with big caveat

The president says he will only sign it if Democrats can pass a separate, far bigger budget bill.

from BBC News - Business https://ift.tt/3dbj9eU

Covid: Balearics and Malta added to UK's green travel list

The government also intends to allow quarantine-free travel from amber list countries for fully-vaccinated people.

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

Poundland says 10% of its products are not a pound

One in ten Poundland products no longer a pound, the discount retailer says.

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

U-turn over Premium Bond prizes paid by cheque

NS&I scraps plans that would have seen an end to prizes being posted to winners.

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

Canada Goose to end the use of all fur on coats

The Humane Society calls the decision a "momentous step in the demise of cruel fur fashion".

from BBC News - Business https://ift.tt/3wZNXY0

EE to reintroduce Europe roaming charges in January

The mobile operator EE is to charge new customers to use their phones in Europe.

from BBC News - Business https://ift.tt/3xJu8Us

Bank of England shrugs off inflation fears

Bank policymakers keep rates steady despite concerns of an inflation surge in the wake of the pandemic.

from BBC News - Business https://ift.tt/3xRO33B

Citi bank boss says staff work better in the office

James Bardrick says most UK staff at bank Citi will working from the office three days a week.

from BBC News - Business https://ift.tt/3d4WbGf

Anti-obesity drive: Junk food TV adverts to be banned before 9pm

Ministers say children must cut down on products high in fat, salt and sugar, amid rising obesity.

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

Cathay Pacific crew told to get vaccine or risk losing job

The airline says crew must get the Covid vaccination by 31 August or it will review "future employment".

from BBC News - Business https://ift.tt/3gPoV8c

Malaysian casino giant Genting makes $4.3bn bet on Las Vegas

The opening in the US gambling capital comes as the tourism industry has been hit by the pandemic.

from BBC News - Business https://ift.tt/3gSr82C

Covid: UK's foreign travel traffic light lists due to be reviewed

Travel bosses want more countries on the green list, as the government prepares for its three-week update.

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

How fashion designers flipped to athleisure during Covid

Couture fashion houses had to rethink their clothes to survive the pandemic but the switch may last.

from BBC News - Business https://ift.tt/3qmh591

London Capital saga: MPs want change of culture at FCA

The regulator must change quickly after failures in the London Capital and Finance saga, MPs say.

from BBC News - Business https://ift.tt/2Uwm5fE

CEO Secrets: 'My billion-pound company has no office'

How Britain's youngest billionaire works differently - setting his firm up to thrive in lockdown.

from BBC News - Business https://ift.tt/35HMolr

John McAfee: Anti-virus creator found dead in prison cell

The software mogul is found dead hours after a Spanish court allowed his extradition to the US on tax charges.

from BBC News - Business https://ift.tt/3xIO9e3

Investor Warren Buffett gives away $4.1bn more to charity

The 90-year-old billionaire investor has pledged to give away all of his Berkshire Hathaway shares.

from BBC News - Business https://ift.tt/3d5lLe6

Travel industry protests against Covid restrictions

Airline and travel firms want more help from the government amid tight rules on international travel.

from BBC News - Business https://ift.tt/2SR9x24

Lego aims to make bricks from recycled bottles on sale in two years

Firm says challenge is to make more environmentally friendly bricks strong enough to build Hogwarts.

from BBC News - Business https://ift.tt/2SklbC3

Lloyds to close another 44 bank branches

The latest announcement means 100 Lloyds and Halifax branches will close this year.

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

Inflation fears grow as UK factory prices surge

Cost pressures on UK firms see a record rise, suggesting that consumer prices may follow suit.

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

Leasehold firms agree changes after watchdog investigation

Persimmon and Aviva commit to change in light of competition watchdog investigation into leaseholds.

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

Firms reassured over post-Covid debts

The government says it will take a "cautious approach" to firms that owe it money after the pandemic.

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

Festivals face devastating consequences without insurance scheme, MPs warn

MPs on the Public Accounts Committee call on the government to provide cancellation insurance.

from BBC News - Business https://ift.tt/3gUED0r

Wall Street giant Morgan Stanley to bar unvaccinated staff

Last week, Morgan Stanley's chief executive told workers 'if you can eat out, you can go to the office'.

from BBC News - Business https://ift.tt/3d7n38r

Streaming TV giants face tighter UK regulation

The government says there's an "inconsistent, ad-hoc and potentially harmful gap in regulation".

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

What is different about the new £50 bank note?

A behind-the-scenes look inside a high-security banknote printing plant.

from BBC News - Business https://ift.tt/3d2zTok

How farmers and scientists are engineering your food

By manipulating genes scientists say they can create better-tasting produce, but is it necessary?

from BBC News - Business https://ift.tt/2TQ5wLd

New Alan Turing £50 note enters circulation

The old £50 and £20 banknotes will be withdrawn by October next year, the Bank of England says.

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

Climate change: Set target to cut car use, minister told

Shifting to electric vehicles will still leave the UK with transport problems, a report says.

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

The trainer boss who even has a pair for funerals

Richard Johnson of Foot Locker has a pair of trainers for every occasion - even weddings and funerals.

from BBC News - Business https://ift.tt/35NDF0S

Millions become millionaires in Covid pandemic

Soaring stock markets and property prices help boost the wealth of the wealthy, research suggests.

from BBC News - Business https://ift.tt/3wQGM3Z

Weetabix workers suspend strike action at Northamptonshire sites

Unite calls off strikes and says talks with management at the cereal manufacturer will continue.

from BBC News - Business https://ift.tt/3zO8ksQ

Google investigated over 'dominance' in ad market

The investigation will look into all aspects of Google's involvement in the digital-advertising market.

from BBC News - Business https://ift.tt/3d2oqVM

Cardboard 'in people's garages causing shortage'

Packaging firm DS Smith is working with local councils to increase the amount of cardboard for recycling.

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

Aston Martin sues car dealer in cash wrangle

The luxury carmaker accuses a Swiss dealership of not handing over deposits for its £2.5m Valkyrie model.

from BBC News - Business https://ift.tt/3xI2abK

Government borrowing eases in May

Despite a fall, borrowing was still the second-highest on record for May as Covid spending continues.

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

China tells banks to stop supporting cryptocurrency

The latest crackdown on cryptocurrency comes days after China stopped Bitcoin mining in Sichuan province.

from BBC News - Business https://ift.tt/3gVPJ5m

‘Virtual beauty tests used to be gimmicky but now they are useful’

With stores closed the beauty industry has embraced augmented reality testing apps.

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

Bumble closes to give 'burnt-out' staff a week's break

A senior employee wrote on Twitter that the extra holiday was to deal with "collective burnout".

from BBC News - Business https://ift.tt/3xJOKw7

Restaurant stops serving lunch due to lack of staff

The founder of a Michelin-star restaurant says he had to reduce opening hours to manage shortages.

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

UK starts talks to join Asia-Pacific free trade pact

Membership would lower tariffs on exporting goods such as cars and whisky, the government says.

from BBC News - Business https://ift.tt/3qi3yzC

Wimbledon: Fans frustrated as Ticketmaster cancels tickets

Customers say they've lost out on tickets to the finals because the rules on credit cards weren't made clear.

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

Flexible ticket 'will only save me £7 a year' on my commute

New flexible train tickets are aimed at commuters doing few days in office - but first impressions are muted.

from BBC News - Business https://ift.tt/3gPQc9k

Gupta-owner Jaguar Land Rover supplier in talks with lenders

Liberty Aluminium Technologies employs 250 people across sites in Coventry, Witham and Kidderminster.

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

German watchdog probes Apple's market dominance

Facebook, Amazon and Google have all faced similar scrutiny from the Federal Cartel Office.

from BBC News - Business https://ift.tt/3xAFSc0

The FBI launches new mission to 'disrupt' cybercrime

$350m was paid out in cryptoransoms to hackers in 2020, according to analysts.

from BBC News - Business https://ift.tt/35GZb7G

Morrisons' share price soars 30% on takeover offer

The supermarket has rejected a proposal from a US private equity firm valuing the firm at £5.5bn.

from BBC News - Business https://ift.tt/35JRrS4

Hotel Chocolat pays £4 for beauty firm Rabot 1745

The confectioner pays less than its cheapest box of chocolates for full control of the joint venture.

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

Apple Daily: HK pro-democracy paper could 'shut within days', says adviser

It comes after 500 officers raided the paper and froze HK$18m worth of assets linked to the company.

from BBC News - Business https://ift.tt/3xtgKE2

New season tickets go on sale for part-time commuters

Passengers who travel to work two or three days a week now have the option of a flexible monthly ticket.

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

Can old traditions and tech help Singapore reach zero waste?

Singapore sees its traditional rag and bone collectors as key to its sustainability plans.

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

Online shopping trend makes warehousing hot property

The logistics industry has been building at breakneck speed, but we still haven't reached "peak shed".

from BBC News - Business https://ift.tt/3j1YQ7v

Post Office scandal: 'I just forgot how to laugh'

Anjana and Baljit Sethi ran two successful Post Office branches - then they fell victim to the Horizon scandal.

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

McDonald's to hire 20,000 staff and open 50 outlets

The burger giant's UK and Ireland boss tells the Sunday Telegraph it is becoming "harder to recruit".

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

Shipping disruption: 'We're doing our best - but this is crippling'

Disruption in the shipping industry is creating a shortage of goods - and consumers face higher prices.

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

US private equity firm considers bid for Morrisons

Clayton, Dubilier & Rice has 28 days to formally bid for the UK's fourth-largest supermarket group.

from BBC News - Business https://ift.tt/35DCIs4

How market research reveals what you really think

By sifting and analysing huge amounts of data, market researchers say they can find out what's on your mind.

from BBC News - Business https://ift.tt/3q9KzqD

Fake ads on Facebook spoil real life fairy story

A firm making wire fairy sculptures has been hit by scammers using adverts on the social media network.

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

Some furloughed workers do not want to return, Andrea Leadsom says

But the ex-business secretary says there is also a mental health issue, with some fearful of returning.

from BBC News - Business https://ift.tt/3q72AG2

Coronavirus: Setback for EU in legal fight with AstraZeneca

But the drug-maker faces hefty fines if it fails to supply doses of Covid-19 vaccine over the summer.

from BBC News - Business https://ift.tt/3zzF4Wx

Bloomsbury staff must be vaccinated before office return

The Harry Potter publisher will require all staff to be vaccinated before they return to offices.

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

MSC Cruises cancels passenger trips after overbooking

MSC Cruises had sold tickets for its trips assuming that Covid restrictions would be lifted on the 21 June.

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

Retail sales fall in May as shoppers dine out

The reopening of hospitality firms saw food sales drop, but people spent money on outdoor furniture.

from BBC News - Business https://ift.tt/3iS0QPs

TikTok owner ByteDance sees its earnings double in 2020

China's biggest technology companies have been coming under increasing scrutiny both at home and abroad.

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

Pornhub videos: Women sue, alleging lack of consent

More than 30 women say private or non-consensual videos of them were uploaded to the site.

from BBC News - Business https://ift.tt/2TLi0Uc

US Supreme Court blocks child slavery lawsuit against chocolate firms

In their lawsuit, a group of men say they were forced to work on cocoa firms in Ivory Coast.

from BBC News - Business https://ift.tt/3zug96V

Food and drink exports to EU 'almost halve' in first quarter

The pandemic and Brexit hit exports in the first three months of the year, says the Food and Drink Federation.

from BBC News - Business https://ift.tt/3zJDQZ9

Music fans still holding tickets to thousands of postponed shows

The latest four-week delay to unlocking restrictions has pushed an additional 5,000 gigs into doubt.

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

Why the cruise industry is still navigating choppy waters

The global cruise line industry is hoping to now recover from the pandemic, but problems remain.

from BBC News - Business https://ift.tt/3cN1ppW

Meat sector warns of Brexit production squeeze

UK faces shortage of home-reared chickens as EU workers stay away, says trade group.

from BBC News - Business https://ift.tt/3vuM6Zn

Brewdog boss sorry for staff 'pain' as pledges review

James Watt has promised an independent review of the beer company after fierce criticism from ex-staff.

from BBC News - Business https://ift.tt/3iLmDZ6

Footballer Megan Rapino to appear in Victoria’s Secret

Lingerie firm hopes partnerships with the likes of football star Megan Rapinoe will revamp the brand.

from BBC News - Business https://ift.tt/3vCN9qe

‘My firm was taken to court over unpaid rent'

Many firms face county court judgements for unpaid rent despite the moratorium on commercial evictions.

from BBC News - Business https://ift.tt/2U9eZgN

Covid: Employers can put self-isolating staff on furlough

The Treasury was "reluctant" to say the scheme could be used this way, emails from a civil servant suggest.

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

Cryptoassets: Fears that investors are taking too many risks

A shrinking proportion of buyers see it as a gamble, but the regulator warns they could lose the lot.

from BBC News - Business https://ift.tt/2TDPC6L

UK and US announce deal after Boeing-Airbus truce

The agreement means tariffs on goods, such as Scotch whisky, will remain suspended for five years.

from BBC News - Business https://ift.tt/3wB8cuD

Halfords faces 'acute' bike supply challenges amid Covid disruption

The retailer says sales have surged amid travel restrictions but lockdowns have hampered manufacturers.

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

Several airlines and banks hit by online outage

Multiple airlines and Australian banks suffer an online outage with websites and apps unavailable.

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

Chinese ride-hailing giant Didi faces probe ahead of market debut, says report

A watchdog is reported to be investigating whether Didi has been unfairly squeezing out smaller rivals.

from BBC News - Business https://ift.tt/35rGWTF

World Bank rejects El Salvador request for Bitcoin help

This month the country announced plans to become the first nation to make the cryptocurrency legal tender.

from BBC News - Business https://ift.tt/3wC0PmE

Travel industry anger as Germans flock to Majorca

The bosses of two travel firms say the Balearic islands should be on the green list for safe travel.

from BBC News - Business https://ift.tt/3wxP6FD

'I'll work 100-hour weeks to clear our Covid debt'

Businesses have run up an "unprecedented" amount of debt in the pandemic, say industry groups.

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

Botswana diamond could be world's third largest

The "rare and extraordinary" gem weighs 1,098 carats and was unveiled by diamond firm, Debswana.

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

CEO Secrets: 'I started my firm for under £500 as a bet'

Snack boss Nick Coleman started his firm for under £500 as a bet. It now turns over £6m a year.

from BBC News - Business https://ift.tt/3vrDG5e

Ryanair and Manchester Airport launch travel legal challenge

There is anger in the travel sector over how the government has made decisions about the green list.

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

Federal Reserve warns US economy path depends on virus

The US central bank brought forward its projection for an interest rate hike into 2023 on Wednesday.

from BBC News - Business https://ift.tt/35pPr1v

Lina Khan: The 32-year-old taking on Big Tech

The new Federal Trade Commission chair has Big Tech in her sights.

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

Eviction ban on firms behind on rent is extended by nine months

The government's ban on landlords evicting companies in rent debt will now end in March 2022

from BBC News - Business https://ift.tt/3vw9xS4

'Mediocre' male managers are stopping women's rise

A survey of women in finance finds men are progressing because they are better at office politics.

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

John Lewis boss says young staff lack basic numeracy skills

Chairwoman Dame Sharon White says that new recruits' literacy and numeracy are weak.

from BBC News - Business https://ift.tt/3wJ40cB

Goldman Sachs delays return to office for workers

The investment bank, along with NatWest, is reviewing plans for staff to come back to the office.

from BBC News - Business https://ift.tt/35o8hpL

Funeral firms are ordered to make prices clearer

The Competition and Markets Authority says funeral directors and crematoriums could risk court action.

from BBC News - Business https://ift.tt/35F48Op

Shops recall pet food linked to rare cat disease

Dry pet food from Sainsbury's, Pets at Home and other brands recalled after rise in fatal cat disease.

from BBC News - Business https://ift.tt/35pNi5J

Covid: Cash and card use dived in lockdown, says report

Most payments by consumers are spontaneous but options were limited by the Covid crisis., say banks.

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

GB News: Piers Morgan attacks Ikea for pulling advertising from news channel

The Swedish giant is among a number of companies who are pausing adverts on the new news channel.

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

Made.com targets £775.3m valuation in London float

The online furniture firm, founded a decade ago with £2.5m, is set to sell shares in the business.

from BBC News - Business https://ift.tt/3gtqW9R

UK inflation jumps to 2.1% in May

The rising cost of clothes, fuel and eating out pushes consumer prices above the Bank of England's 2% target.

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

Airbnb reportedly pays tourist $7m after rape

According to reports in Bloomberg, the company paid an Australian traveller after a 2016 attack.

from BBC News - Business https://ift.tt/3iGIi4J

UK could be left behind in the electric car race, warns report

The UK might soon be reliant on electric vehicles imported from abroad, warns an influential group.

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

'I never dreamed I was entitled to benefits'

Older people facing poverty are urged to claim Pension Credit - a gateway to further financial help.

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

'People didn't believe my CV', says board director

Women still face difficulties getting onto boards at smaller firms, according to research.

from BBC News - Business https://ift.tt/3wHe7i5

Gigafactories: Europe tools up against US and Asia as a car battery force

As demand for electric cars grows, giant battery factories are being built across Europe.

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

Billionaire Mackenzie Scott gives away another £2bn

The Amazon founder's ex-wife said she chose 286 teams 'empowering voices the world needs to hear'.

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

Alibaba's Jack Ma is 'lying low', says co-founder

Alibaba's co-founder and executive chairman says Jack Ma is focusing on hobbies and philanthropy.

from BBC News - Business https://ift.tt/3iL4Ilo

'If you can eat out, you can go to the office', says bank boss

Morgan Stanley's chief executive said New York-based employees should be ready to return to the workplace.

from BBC News - Business https://ift.tt/3gslS5A

Boeing-Airbus trade row set to end after 17 years

Both sides agree truce in their 17-year dispute over subsidies for the aircraft makers.

from BBC News - Business https://ift.tt/35mFfqr

Boohoo sales surge as going-out clothes replace athleisure

The fashion chain sees sales growth continue and takes further steps to improve scrutiny of suppliers.

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

Web founder Berners-Lee to auction source code as NFT

Sir Tim Berners-Lee, creator of the web, is auctioning off a digital certificate for his code.

from BBC News - Business https://ift.tt/3wvpU2H

Ikea France fined €1m for snooping on staff

The ex-CEO of Ikea France gets a suspended term, as private detectives and police spied on staff.

from BBC News - Business https://ift.tt/3zml5ux

UK jobs market 'showing signs of recovery'

The unemployment rate falls again while the number of job vacancies is rising, official figures show.

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

Travel insurers criticised over extent of Covid cover

Travel insurance offering "complete" cover for Covid-related disruption is barely available, says Which?.

from BBC News - Business https://ift.tt/3wvW7qQ

Tech firms use remote monitoring to help honey bees

From Ireland to Israel, companies are coming to the aid of the environmentally critical insect.

from BBC News - Business https://ift.tt/3goIq5S

UK and Australia agree broad terms of trade deal

Broad terms of UK-Australia trade deal agreed, BBC understands, with formal announcement expected on Tuesday

from BBC News - Business https://ift.tt/3iU9opd

'We're in serious trouble,' says hospitality industry

Hospitality and wedding firms discuss the impact of delaying the relaxation of Covid restrictions.

from BBC News - Business https://ift.tt/3xl6GNb

Grenfell Tower: Survivor warns lives are still in danger

On the fourth anniversary of the Grenfell Tower fire, a former resident fears another disaster will happen.

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

JD Sports chairman rejects criticism of £4.3m bonus

Peter Cowgill tells the BBC that the "lion's share" of the pay award related to work done pre-January 2019.

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

Vodafone picks Samsung for 5G network

South Korean firm's contract win called a market "breakthrough" by one analyst.

from BBC News - Business https://ift.tt/3wzYGI4

Delaying lockdown easing will have 'critical impact' on business

Plans to keep Covid rules in place for an extra month will hurt clubs and restaurants, say trade groups.

from BBC News - Business https://ift.tt/35k0Akq

Serco in new boost to profits from coronavirus services

Outsourcer says profits will outperform amid high continuing demand for coronavirus services.

from BBC News - Business https://ift.tt/2U4iPYF

Carlos Ghosn: US father and son admit role in Nissan chief's escape

Michael and Peter Taylor are accused of helping ex-Nissan boos Carlos Ghosn escape Japan in 2019.

from BBC News - Business https://ift.tt/35fLcp0

1MDB: Jho Low faces new charges in scheme involving Trump

They are accused of running a back-channel campaign to get Mr Trump's government to drop a case.

from BBC News - Business https://ift.tt/3xiXJ71

Renting now cheaper than buying a home, Hamptons says

There are only four regions in the UK where it is cheaper to buy a home than to rent a property.

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

Covid: Boris Johnson to announce whether 21 June easing to go ahead

Many scientists have said it should be delayed amid rising cases but businesses say this would cost jobs.

from BBC News - Business https://ift.tt/35iu9Tq

Covid: Cardiff Airport saw biggest drop in passengers in UK

It had a further blow after Aer Lingus' operators Stobart Air went into liquidation on Friday.

from BBC News - Business https://ift.tt/3iB4n4r

JD Sports faces investor backlash over boss's bonus

Peter Cowgill was awarded £4.3m despite the retailer accepting Covid support from the government.

from BBC News - Business https://ift.tt/2Tmh34K

Disruption to shipping could delay Christmas orders

Global transport of goods has suffered blockages, delays and bottlenecks and won't be resolved quickly.

from BBC News - Business https://ift.tt/35cRdmo

'We'll lose thousands if wedding rules don't change'

Rules on weddings were to be relaxed on 21 June, but a rise in Covid cases could ruin 'the big day'.

from BBC News - Business https://ift.tt/3vh3bpO

Stobart Air: Aer Lingus stops most Belfast City Airport flights

Leeds Bradford, Edinburgh, Exeter, Manchester, East Midlands and Birmingham flights are affected by Stobart Air's liquidation.

from BBC News - Business https://ift.tt/3iIN41k

Can mining save Cornwall's economy?

As world leaders gather there for the G7 meeting, one of the UK's poorest regions is at a crossroads.

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

From garden chairs to boxes: Five items in short supply

A combination of Covid, Brexit and the Suez Canal delays threaten to disrupt supplies this summer.

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

McDonald's hit by data breach in Taiwan and South Korea

The chain is the latest to be targeted by cyber criminals after attacks on Colonial Pipeline and JBS.

from BBC News - Business https://ift.tt/2Tk0MNQ

UK space race investment 'is heating up'

The public will be able to invest in a portfolio of space firms including SpaceX and Blue Origin.

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

Providing jobs for young people in Brazil

How Brazil's "Favela LinkedIn" and "Street Presidents" schemes are providing jobs for young people.

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

Bid to use criminal cash to refund scam victims

A survey suggests such a move would be popular, but the money available would be insufficient.

from BBC News - Business https://ift.tt/2Tl6z5A

UK economy grew 2.3% in April

The economic grew 2.3% in April as coronavirus restrictions eased.

from BBC News - Business https://ift.tt/3goHn64

The mystery of the UK's missing workers

Why are many firms reporting staff shortages when so many people are still unemployed?

from BBC News - Business https://ift.tt/3gsv8VZ

Brewdog boss vows to learn after 'toxic culture' criticism

James Watt tells the BBC he will use "culture of fear" criticism to become a better boss of the beer company.

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

Fashion labels falling short on use of recycled materials - report

Boohoo, Missguided and Asos named in critical report on the use of polyester, acrylic, nylon in clothing.

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

'Looking for work is almost an impossible task'

Jobless young people in Brazil share their experiences of looking for work in the Covid pandemic.

from BBC News - Business https://ift.tt/3va5RoZ

'I can speak freely and use swear words as I see fit'

The rise of email "newsletter" providers that allow writers to directly connect with readers.

from BBC News - Business https://ift.tt/3ivDm2A

EA hacked and source code stolen

Game data and source code were both stolen by hackers, but no player data, EA said in a statement

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

Starbucks faces drinks ingredients shortage in US

The company confirmed there are “temporary supply shortages” affecting coffee shops in multiple states.

from BBC News - Business https://ift.tt/3zrauP5

Goldman bankers ordered to report vaccine status before office return

In a memo seen by the BBC, the investment bank said it understood the choice to be vaccinated was "personal".

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

BA puts thousands of staff back on furlough

The airline blames the move on delays to the restart of international travel.

from BBC News - Business https://ift.tt/3xdlXQ4

Morrisons boss suffers huge revolt over £1.7m bonus

More than 70% of shareholders reject a bonus plan that would have given boss David Potts up to £1.7m.

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

Oatly sues UK oat milk maker over trademark

Oatly takes Cambridgeshire's Glebe Family Farm to court in a bid to stop it selling the PureOaty drink.

from BBC News - Business https://ift.tt/3pG7Ksu

G7 tax deal: What is it and are Amazon and Facebook included?

A deal has been agreed by the world's richest nations to tax global companies more.

from BBC News - Business https://ift.tt/3czV68W

Used car costs drive US prices higher in May

US consumer prices spiked last month, with inflation jumping to 5% for the 12 months ending in May.

from BBC News - Business https://ift.tt/3iw1F09

Facebook remote working plan extended to all staff for long term

Chief executive Mark Zuckerberg says working remotely has made him happier and more productive.

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

Ex-Brewdog staff allege 'culture of fear' at brewer

Former employees allege "cult of personality" in firm and claim "toxic attitude" to junior staff.

from BBC News - Business https://ift.tt/3gj4Wx8

Covid: US overtakes UK as worst for excess deaths in G7

UK pandemic deaths are the second worst of the seven big Western economies, an analysis for the BBC says.

from BBC News - Business https://ift.tt/352Sg8u

UK economy lags behind other countries in Covid recovery

The G20 major economies grow slightly compared with pre-pandemic levels, but UK trails behind.

from BBC News - Business https://ift.tt/3wcS1Dx

France's second biggest telecoms firm buys 12% of BT

Altice has bought a 12% stake in BT but says it does not intend to make a takeover offer.

from BBC News - Business https://ift.tt/3vb0qGg

Lockdown hobbies help Hornby return to profit

The model railway firm sees a 28% sales boost during the pandemic as Scalextric and Corgi sales rise.

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

Meat giant JBS pays $11m in ransom to resolve cyber-attack

Hackers disrupted operations in several markets at the world's largest meat processing company.

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

Government ‘dragging feet’ on China forced labour

The government has been accused of rejecting MPs’ recommendations to punish UK firms implicated in forced labour in China.

from BBC News - Business https://ift.tt/3wdtIW4

Travellers at mercy of rogue testing firms, says Which?

Consumer group Which? says private testing firms are quoting misleading prices and lack regulatory oversight.

from BBC News - Business https://ift.tt/3v9G5kS

Hospitality workers priced out of UK tourism hotspots

Workers are finding accommodation scarce as landlords cash in on the UK holiday boom.

from BBC News - Business https://ift.tt/2Th53S9

Coronavirus: Industry dismisses US-UK moves to reopen travel

President Joe Biden and Prime Minister Boris Johnson agree to set up a taskforce to ease restrictions.

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

Donald Trump-era ban on TikTok dropped by Joe Biden

The delayed ban on TikTok and WeChat will now not happen - instead apps from China will face reviews.

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

Shell promises to accelerate shift to low carbon

The oil giant says it will "rise to the challenge" of lowering emissions after a recent court ruling.

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

Covid: What do we know about global youth unemployment?

Young people have suffered from the economic consequences of Covid.

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

Driver sacked for drinking in club while sick wins tribunal

A driver did not break company rules by going to a social club while off work, a tribunal finds.

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

US Senate passes sweeping bill to counter China tech reach

The historic $250bn bill saw divided parties unite to compete with China's technological ambitions.

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

BA and Ryanair investigated for refusing refunds

A watchdog is investigating whether the airlines broke the law in not offering Covid refunds.

from BBC News - Business https://ift.tt/3w8b1mS

Halogen lightbulb sales to be banned in UK under climate change plans

The ban this year would help to cut 1.26 million tonnes of carbon emissions a year, the government says.

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

The young people fighting to save their careers

From Crawley to Cadiz, young people are fighting for their careers as the covid pandemic continues.

from BBC News - Business https://ift.tt/2RD9fuY

Furloughed part-timers 'clinging on to disappearing jobs'

Part-time workers are at greater risk of losing their jobs when furlough ends in September, research suggests.

from BBC News - Business https://ift.tt/3cqkC0m

Calls for more 'pop-up' campsites as demand surges

Regulations should be relaxed to allow more temporary campsites this summer, say campaigners.

from BBC News - Business https://ift.tt/3g2s4Ba

Young Thai workers race to reopen deserted beaches

Workers in Thailand's Covid-hit tourism industry talk about their hopes and fears for the future.

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

E-bike sales boom despite high prices and confusing rules

Electric bike sales are soaring, despite high prices and confusing rules over their speed and power.

from BBC News - Business https://ift.tt/3ptX2oK

Tax details of US super-rich allegedly leaked

US authorities probe leak claiming to show how billionaires including Jeff Bezos and Elon Musk pay minimal or no income tax.

from BBC News - Business https://ift.tt/3cq5WhG

Travel: US eases travel rules for 61 countries - but not UK

The US public health agency has lowered 61 countries to Level 3, including Japan and France.

from BBC News - Business https://ift.tt/3x6W1FY

Colonial Pipeline boss 'deeply sorry' for cyber attack

Joseph Blount said the decision to pay hackers a $4.4m (£3.1m) ransom was the toughest in his career.

from BBC News - Business https://ift.tt/3pBxKW2

Biden strike force to target 'unfair' trade

The US announced plans to target "unfair foreign trade practices", which it says have damaged supply chains.

from BBC News - Business https://ift.tt/34YYxC3

Banks tested on climate crisis risks

Britain’s banks and insurers are to be tested on how well-prepared they are for climate change emergencies.

from BBC News - Business https://ift.tt/3g1GG3G

Covid-19: Less than a quarter of pubs confident of surviving three months

Official figures show pub owners' level of confident almost half that other other businesses.

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

Home movers dominate mortgage borrowing

A record proportion of mortgage lending was made to home movers during a surge in the UK housing market.

from BBC News - Business https://ift.tt/3uZK9UB

Brexit: Lorry driver shortage could mean higher prices in shops

Hauliers warn of price rises or empty shelves in shops if the "dire" lorry driver shortage continues.

from BBC News - Business https://ift.tt/3zazlq4

Brexit: EU warns UK over Irish Sea border goods checks

Maros Sefcovic says the EU will react if the UK takes more unilateral action to delay inspections.

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

Covid: Pubs and restaurants ask for deposits to avoid 'no-shows'

No-shows are a scourge of the hospitality industry, but proprietors are fighting back.

from BBC News - Business https://ift.tt/2RyEN5d

What's happening with foreign travel?

The BBC looks at the factors involved in order to get international travel going again.

from BBC News - Business https://ift.tt/3g1c6Hj

Donald Trump calls Bitcoin 'a scam against the dollar'

The controversial former US president thinks the cryptocurrency is a threat to the US dollar.

from BBC News - Business https://ift.tt/3x1UTDq

Workers watchdog launched to clamp down on abuse

The new body will enforce the minimum wage, tackle modern slavery and protect agency workers.

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

'Five-day office week will become the norm again'

Traditional working patterns could return within two years, a think tank tells the BBC.

from BBC News - Business https://ift.tt/3ipJ0Di

The fight to find work: ‘I’ve applied for 200 jobs’

The number of entry-level jobs and internships available is improving in the US - but competition is fierce.

from BBC News - Business https://ift.tt/34YrEoY

Colonial Pipeline: US recovers most of ransom, justice department says

The US Department of Justice says it has seized most of the $4.4m (£3.1m) paid to cyber-criminals.

from BBC News - Business https://ift.tt/3g20tQk

The New York farm helping young people into work

As the US looks to bounce back from the pandemic initiatives are targeting the most at risk of being left behind.

from BBC News - Business https://ift.tt/351UnZW

'My foggy glasses solution helped me through Covid'

Alex Wickens explains how a business idea during the pandemic restored his hopes for the future.

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

Economy faces 'long Covid' if debts not tackled

Bosses from trade body industries have called for an extension to the current commercial rent moratorium.

from BBC News - Business https://ift.tt/3gk0aiK

Airline bosses demand UK-US travel corridor

Ahead of the G7 meeting in Cornwall, aviation bosses want trans-Atlantic travel routes reopened.

from BBC News - Business https://ift.tt/2SfC7K0

Google fined €220m in France over advertising abuse

Technology giant Google was fined by France's competition watchdog for abusing its market position.

from BBC News - Business https://ift.tt/34ZJyaM

Apple employees rally against office working plan

Staff are pushing back against Tim Cook's declaration that most working days need to be at the office.

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

Klarna insists buy-now-pay-later is better than costly credit cards

The buy-now-pay-later company claims its products stop people getting into steep debt.

from BBC News - Business https://ift.tt/34YgyQZ

House prices jump 9.5% as buyers seek larger homes, Halifax says

Halifax said prices were boosted by the government's stamp duty holiday, which ends this month.

from BBC News - Business https://ift.tt/3ptvP5I

IWG: Flexible office firm warns of sharp profits drop

IWG said income will be 'well below' the previous year as new Covid variants hit demand.

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

Stay-at-home holidaymakers warned of summer essentials shortage

UK importers say they are still waiting on goods stuck on container ships in other parts of the world.

from BBC News - Business https://ift.tt/34UMTIg

'Clothes are torn, worn out - I can't find work gloves'

How supply chains can be strengthened to protect against shocks and shortages in the future.

from BBC News - Business https://ift.tt/3x6lcbJ

Street markets: Can councils get redevelopment right?

How the contribution markets make to communities risks being ignored in urban regeneration schemes.

from BBC News - Business https://ift.tt/34PjGyB

How to protect birds and bats from wind turbines

As wind farm numbers explode researchers are coming up with more ways to keep wildlife safe.

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

G7: Rich nations back deal to tax multinationals

G7 finance ministers have agreed to work together to create a "level playing field" on global taxation.

from BBC News - Business https://ift.tt/2TNmc6h

G7: Rich nations confident on reaching tech tax deal

German finance minister Olaf Scholz says a minimum tax deal agreed by the G7 will "change the world".

from BBC News - Business https://ift.tt/3uUEL5h

United plans supersonic passenger flights by 2029

The US airline has ordered 15 supersonic passenger jets which could cut travel times in half.

from BBC News - Business https://ift.tt/3pp29H2

Facebook suspends Trump accounts for two years

Facebook's oversight board previously criticised the firm's decision to ban Donald Trump indefinitely.

from BBC News - Business https://ift.tt/3gcEsx5

US economy adds fewer jobs than forecast despite reopening

US employers added 559,000 jobs in May as restrictions eased, although the numbers were weaker than expected.

from BBC News - Business https://ift.tt/3cjn20J

Brexit: UK announces trade deal with Norway, Iceland and Liechtenstein

Liechtenstein - another non-EU country - is also included in the post-Brexit deal.

from BBC News - Business https://ift.tt/3z4veeW

Some Portugal passengers still plan to travel despite rule change

Half of Tui passengers are going ahead with travel to Portugal, despite it being moved to the amber list.

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

Facebook probed by UK and EU watchdogs over data breach

Authorities in the UK and EU are concerned the firm is using ad data to gain an unfair advantage over rivals.

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

Google diversity head removed over anti-Semitic blog post

Kamau Bobb wrote in a now-deleted 2007 blog post that Jews had an "insatiable appetite for war".

from BBC News - Business https://ift.tt/3iaUJ8F

UN says cost of food at highest level in over a decade

Soaring food prices are likely to fuel concerns about the threat of inflation after the pandemic.

from BBC News - Business https://ift.tt/2S0navp

Millions struggle to pay broadband bills in UK

Citizens Advice says that about 2.5 million people are believed to be behind with payments.

from BBC News - Business https://ift.tt/3fQ5DPG

Twitter Blue subscription service launches in Australia and Canada

Australia and Canada are the first two countries to get access to the enhanced Twitter product.

from BBC News - Business https://ift.tt/3wV5G24

Job vacancies soar as skills shortage bites - KPMG

Hospitality and tech are the two sectors most lacking workers in May, a report suggests

from BBC News - Business https://ift.tt/2TwIj0o

Mezcal producers hope to toast brighter future

Makers of the Mexican spirit mezcal have had a tough lockdown, but hope to see sales rise again.

from BBC News - Business https://ift.tt/3fIOze1

Sunak ‘confident’ of reaching tech tax agreement

The US has delayed imposing tariffs on some global imports in retaliation for taxes on tech firms

from BBC News - Business https://ift.tt/3cg47nC

Biden expands US investment ban on Chinese firms

President Biden bars 59 firms with alleged China military ties from US investment.

from BBC News - Business https://ift.tt/3cyI77N

AMC cinema chain issues warning to small investors

Issuing a new share sale, the firm warned investors could lose their money if they bought at current prices.

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

GMB: Union elects Gary Smith as general secretary

The union's Scotland Secretary Gary Smith won just over half the votes in a members' ballot.

from BBC News - Business https://ift.tt/3vPwn8q

B&M discount chain doubles its annual profits

The retailer reports group pre-tax profits of £525.4m, thanks to strong trading during lockdowns.

from BBC News - Business https://ift.tt/3fInDv3

Portugal travel likely to face tougher rules, BBC understands

The BBC also understands there will be tougher rules on travel to Portugal in an announcement later.

from BBC News - Business https://ift.tt/3z0tX8H

Apple wants staff back in offices by September

The tech giant says staff will be required to work at least three-days a week at their desks.

from BBC News - Business https://ift.tt/34NpHvm

Tesco staff win legal argument in equal pay fight

A court ruling brings Tesco shop workers a step closer to gaining equal pay with warehouse staff.

from BBC News - Business https://ift.tt/3vOKQ4f

Indoor dining boost drowned out by record May rain

Footfall on UK High Streets and shopping centres was "muted" despite indoor hospitality reopening.

from BBC News - Business https://ift.tt/3wKV4mu

Working from home: Call to ban out-of-hours emails from bosses

The UK government is urged to bring in a French-style law giving workers "the right to disconnect".

from BBC News - Business https://ift.tt/3vYB7Zz

JBS: FBI says Russia-linked group hacked meat supplier

The White House says President Biden will bring up cyber-attacks when he meets Russia's President Putin.

from BBC News - Business https://ift.tt/3wTI5Pi

China accuses Western firms over 'harmful' kids' goods

A warning notice on the country's customs administration website included Nike, H&M and Zara.

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

Petrol prices at highest in two years, says RAC

Fuel prices are climbing as economies reopen and energy prices soar.

from BBC News - Business https://ift.tt/3uNjdr7

Amazon beefs up Covid testing capabilities

The online giant may use this as a further opportunity to get into the health sector, analysts say.

from BBC News - Business https://ift.tt/3yWHM8m

AMC cinema shares surge in 'frantic' trading

The volume of shares being bought in the company triggered halts in trading on the New York Stock Exchange.

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

US delays tariffs in 'tech tax' row

Extra US tariffs on UK and other goods are delayed as international tax talks continue.

from BBC News - Business https://ift.tt/3g2KnVJ

Pension scandal: 'I've lost 14 years of payments'

Tens of thousands of elderly female pensioners are set to miss out on life changing payments.

from BBC News - Business https://ift.tt/3fJF3Yo

Tesla failed to stop Musk tweets, says regulator

A court order requires the automotive giant's lawyers to pre-approve some of the CEO's tweets.

from BBC News - Business https://ift.tt/2TFp4lD

Amazon warehouse injuries '80% higher' than competitors, report claims

A union-led group says Amazon's injury rate is twice that of its closest competitor.

from BBC News - Business https://ift.tt/3wU5XSO

Etsy snaps up Gen-Z focussed shopping app Depop for $1.6bn

The British second-hand clothing app Depop has unique items and potential to scale up, the boss of Etsy says.

from BBC News - Business https://ift.tt/34CIR7r

Ex-reality TV stars' 'misleading' debt ads banned

Stars from Only Way is Essex and Geordie Shore have Instagram debt adverts banned by the regulator.

from BBC News - Business https://ift.tt/3fEUh0G

Wetherspoons boss denies facing shortage of EU workers

Pro-Leave boss Tim Martin says reports he wants a more "liberal" visa scheme for EU workers taken out of context.

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

UK begins process to join Asia-Pacific trade bloc

The 11-member Trans-Pacific Partnership trade bloc agrees to open accession talks with the UK.

from BBC News - Business https://ift.tt/34BN6A9

Bloomsbury sees record profits as lockdown book sales surge

Harry Potter publisher Bloomsbury reports record profits after people turned to reading in the pandemic.

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

Covid: Australia economy climbs back to pre-pandemic size

The country's rapid recovery has been driven by booming commodity prices and domestic spending.

from BBC News - Business https://ift.tt/3fH5fD1

Huawei operating system coming to smartphones in Asia

The system was developed after a trade ban blocked smartphones from working fully with Google's Android.

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Why house prices are rising so fast in a pandemic

House prices are increasing at their fastest rate for more than a decade. These graphics explain why.

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Retail prices set to rise this autumn, says BRC

Consumers face rising bills in the autumn as costs climb and Brexit red tape increases

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Delay removing dangerous cladding ‘soul destroying’

The government will miss a June deadline to complete applications for £5bn of funding to remove cladding.

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Alaska: Biden to suspend Trump Arctic drilling leases

The president will suspend oil and gas leases in Alaska's Arctic National Wildlife Refuge.

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JBS: World's largest meat supplier hit by cyber-attack

The ransomware attack may mean delays for some customers in the US, Canada and Australia, the firm says.

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CEO Secrets: 'Have a Plan B in case things don't work out'

Make a contingency plan for your business at the start, says teeth-whitening boss Natalie Quail.

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Zoom sales race ahead despite workplaces reopening

The video platform said sales nearly doubled between the first quarter of 2020 and 2021.

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Why electric cars will take over sooner than you think

The BBC's Justin Rowlatt explains why we are accelerating towards an electric car future.

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US Supreme Court rejects J&J talc cancer case appeal

The court declines to hear an appeal over a $2.1bn (£1.5bn) damages award.

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Eurozone inflation up sharply as economies reopen

Inflation hit 2% in May as Covid restrictions were scaled back and energy prices climbed.

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eBay sellers can no longer use PayPal under new terms

Some sellers are unhappy with the changes that put payments straight into bank accounts.

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UK manufacturing growth at 30-year high, says PMI survey

The easing of lockdown rules unleashes pent-up demand, but some suppliers are struggling to keep up.

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Amigo faces collapse after failed bid to cap payouts

Compensation payments to customers remain halted while the sub-prime lender considers its options.

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House prices jump 10.9% as 'race for space' intensifies

Prices in the year to May were the strongest for seven years as buyers seek gardens and more space, Nationwide says.

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