The online payments platform is the latest technology firm to cut costs as the global economy weakens.
from BBC News - Business https://ift.tt/2VGg3OD
Tuesday, January 31, 2023
The trucks ditching diesel and drivers
From addressing the climate emergency to the shortage of HGV drivers, is this the future?
from BBC News - Business https://ift.tt/Q5xYzEv
from BBC News - Business https://ift.tt/Q5xYzEv
'Come clean' on impact of non-dom tax status, Labour urges
The party says it wants ministers to "come clean" about the impact of keeping the "unfair" tax status.
from BBC News - Business https://ift.tt/StFYjAL
from BBC News - Business https://ift.tt/StFYjAL
Strikes update: How Wednesday 1 February’s walkouts will affect you
How strikes by school teachers, trains drivers and civil servants will affect you, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/dqjUwf2
from BBC News - Business https://ift.tt/dqjUwf2
Cost of living: Row over who should police energy prepayment switches
A trade body for energy firms says the regulator should ensure rules are followed, but Ofgem hits back.
from BBC News - Business https://ift.tt/5g2Xe3n
from BBC News - Business https://ift.tt/5g2Xe3n
Paperchase: Stationary chain falls into administration
The struggling High Street stationery chain has failed to find a buyer, leaving 820 jobs under threat.
from BBC News - Business https://ift.tt/nKXaSqp
from BBC News - Business https://ift.tt/nKXaSqp
More than 2,000 roles at risk at Tesco
The roles are at risk at Tesco as it announces more changes to the way it runs its supermarkets.
from BBC News - Business https://ift.tt/fbCM15e
from BBC News - Business https://ift.tt/fbCM15e
Monday, January 30, 2023
Tech War: Biden moves to halt US exports to Huawei, reports say
Washington has been tightening its rules on exports of US technology to China for several years.
from BBC News - Business https://ift.tt/iRlUXyv
from BBC News - Business https://ift.tt/iRlUXyv
UK economy only G7 nation to shrink in 2023 - IMF
The IMF says the UK economy is forecast to shrink by 0.6% this year.
from BBC News - Business https://ift.tt/XS952yw
from BBC News - Business https://ift.tt/XS952yw
Green projects are boosting UK growth - CBI report
Projects aimed at lowering carbon emissions are boosting growth in poorer parts of the country.
from BBC News - Business https://ift.tt/HKGne7J
from BBC News - Business https://ift.tt/HKGne7J
The new tech offering relief from the misery of period pain
Two start-up firms are making wearable technology that targets menstrual discomfort.
from BBC News - Business https://ift.tt/yxfsuM5
from BBC News - Business https://ift.tt/yxfsuM5
UK firefighters vote to strike in row over pay
The Fire Brigades Union says it will not announce dates for 10 days so employers can table an improved offer.
from BBC News - Business https://ift.tt/BrjQs7h
from BBC News - Business https://ift.tt/BrjQs7h
Video streaming subscriptions fall by two million in 2022
Households cut back on streaming services in their droves as the cost of living rose sharply.
from BBC News - Business https://ift.tt/3aHwOq2
from BBC News - Business https://ift.tt/3aHwOq2
Sunday, January 29, 2023
Man takes parcel to US to beat Royal Mail ban
Businesses express frustration at Royal Mail's ban on sending parcels abroad after a cyber-attack.
from BBC News - Business https://ift.tt/7HJ8Kd9
from BBC News - Business https://ift.tt/7HJ8Kd9
Mining giant 'sorry' over lost radioactive capsule in Australia
Rio Tinto says the object went missing while it was being transported 1,400km in Western Australia.
from BBC News - Business https://ift.tt/Rv3lGQi
from BBC News - Business https://ift.tt/Rv3lGQi
Adani Group says Hindenburg fraud claim 'calculated attack on India'
Last week the Indian firm owned by Asia's richest man had more than $50bn wiped off its market value.
from BBC News - Business https://ift.tt/0QqovhR
from BBC News - Business https://ift.tt/0QqovhR
Over-50s at work: 'You feel your usefulness has passed'
New research suggests applicants are right when they say employers are less open to hiring older workers.
from BBC News - Business https://ift.tt/3Frag6z
from BBC News - Business https://ift.tt/3Frag6z
Ryanair and EasyJet ready to snap up Flybe staff
Airlines are inviting employees of the collapsed airline to fill vacancies for cabin crew and other roles.
from BBC News - Business https://ift.tt/8CQhDNt
from BBC News - Business https://ift.tt/8CQhDNt
Saturday, January 28, 2023
'Elon Musk has made me embarrassed to drive my Tesla now'
Elon Musk was once hailed as the secret to Tesla's success. Now he's one of its problems.
from BBC News - Business https://ift.tt/FQH7sZb
from BBC News - Business https://ift.tt/FQH7sZb
Flybe administration: Scramble to change plans after airline ceases trading
The airline said it was ceasing trading and cancelling all flights, which affects 75,000 passengers.
from BBC News - Business https://ift.tt/Qfb1Uem
from BBC News - Business https://ift.tt/Qfb1Uem
Friday, January 27, 2023
Flybe: Regional carrier ceases trading and cancels all flights
The airline said it had gone into administration and cancelled all flights to and from the UK.
from BBC News - Business https://ift.tt/Agsal8f
from BBC News - Business https://ift.tt/Agsal8f
Hemp makes a comeback in the construction industry
A revival of hemp cultivation in Portugal has spurred the use of hemp blocks in construction.
from BBC News - Business https://ift.tt/Exi8jJk
from BBC News - Business https://ift.tt/Exi8jJk
Plans for more banking hubs as branches close
In total, 38 of these shared branches have been announced so far, but only four have opened.
from BBC News - Business https://ift.tt/q5HTG29
from BBC News - Business https://ift.tt/q5HTG29
Job risk as Shell considers quitting energy market
The Coventry-based firm said tough market conditions had forced a review of the business.
from BBC News - Business https://ift.tt/4PRa3jC
from BBC News - Business https://ift.tt/4PRa3jC
Thursday, January 26, 2023
Hunt to set out plan for growth as criticism mounts
It will be scrutinised by businesses who claim the government has no long-term plan for the economy.
from BBC News - Business https://ift.tt/h17fMIl
from BBC News - Business https://ift.tt/h17fMIl
Transpennine Express boss apologises for poor services
The head of Transpennine Express admits services have not been good enough in recent months.
from BBC News - Business https://ift.tt/LHumrS7
from BBC News - Business https://ift.tt/LHumrS7
Adani Group: Asia's richest man hits back at 'con' allegations
Indian billionaire Gautam Adani hits back after fraud claims wipe billions off his company.
from BBC News - Business https://ift.tt/G1S8MOm
from BBC News - Business https://ift.tt/G1S8MOm
Heat pumps: The 'geeks' obsessing over their new heating systems
More people are heating their homes with heat pumps and some are getting data obsessed.
from BBC News - Business https://ift.tt/g5p6AJk
from BBC News - Business https://ift.tt/g5p6AJk
Royal Mail overseas parcels ban 'costing me hundreds of pounds'
Small businesses are still unable to send new parcels overseas two weeks after the Royal Mail cyber-attack.
from BBC News - Business https://ift.tt/7VkJ3f9
from BBC News - Business https://ift.tt/7VkJ3f9
Amazon union fight continues despite workers' win
Amazon Labor Union leader Chris Smalls says it's time for the firm "to come to the table and negotiate".
from BBC News - Business https://ift.tt/zDyC325
from BBC News - Business https://ift.tt/zDyC325
Turning problem sea algae into a replacement for plastic
Seaweed and microalgae is increasingly being turned into useful products.
from BBC News - Business https://ift.tt/3Kmg4Ah
from BBC News - Business https://ift.tt/3Kmg4Ah
Green claims on household basics investigated
The competition watchdog is concerned shoppers are being "misled" about goods claiming to be green.
from BBC News - Business https://ift.tt/OQ7KA3z
from BBC News - Business https://ift.tt/OQ7KA3z
Royal Mail says strikes have cost it £200m
The owner of the mail delivery service reveals the cost of the ongoing dispute over pay and conditions.
from BBC News - Business https://ift.tt/qECZgYM
from BBC News - Business https://ift.tt/qECZgYM
Wednesday, January 25, 2023
Cost of living: Cash bonuses behind record number of bank switches
Up to £200 was offered by some banks to switching customers - prompting the most moves since 2013.
from BBC News - Business https://ift.tt/MlQA5C2
from BBC News - Business https://ift.tt/MlQA5C2
Tesla posts record profit despite price cuts
Elon Musk's electric car company is facing questions as the economy weakens and borrowing costs rise.
from BBC News - Business https://ift.tt/YG6ukyi
from BBC News - Business https://ift.tt/YG6ukyi
Microsoft Outlook and Teams down for tens of thousands around world
Data from outage tracking website Downdetector showed more than 5,000 reports in the UK alone.
from BBC News - Business https://ift.tt/Tr5qYFt
from BBC News - Business https://ift.tt/Tr5qYFt
Tuesday, January 24, 2023
Justin Bieber sells rights to songs for $200m
The pop star joins a growing group of artists who have cashed out on their catalogues.
from BBC News - Business https://ift.tt/4Epa8QB
from BBC News - Business https://ift.tt/4Epa8QB
Microsoft sees slowest sales growth in six years
The update follows the firm's move to eliminate about 10,000 jobs.
from BBC News - Business https://ift.tt/hSr0H6G
from BBC News - Business https://ift.tt/hSr0H6G
US accuses Google of 'driving out' ad rivals
A federal lawsuit alleges the tech giant's anti-competitive actions mean more websites need paywalls.
from BBC News - Business https://ift.tt/rntesQi
from BBC News - Business https://ift.tt/rntesQi
Online car retailer Cazoo consults with staff over site closures
Hundreds of jobs are at risk at online car retailer Cazoo, including 300 in Lincolnshire.
from BBC News - Business https://ift.tt/ABWs8jT
from BBC News - Business https://ift.tt/ABWs8jT
National Grid plan: 'We should earn £10 by turning everything off'
Some people can cut back on electricity to get a bonus payment, but some will earn very little.
from BBC News - Business https://ift.tt/GUOIB3H
from BBC News - Business https://ift.tt/GUOIB3H
Royal Mail boss accused of giving inaccurate evidence
Simon Thompson will be quizzed again by MPs after "hundreds" complaints about his earlier testimony.
from BBC News - Business https://ift.tt/pLNyRnk
from BBC News - Business https://ift.tt/pLNyRnk
Ticketmaster blames cyber attack for disrupting Taylor Swift tour sale
The company says it faced an "unprecedented" software attack when the star's Eras tour went on sale.
from BBC News - Business https://ift.tt/EegzjWf
from BBC News - Business https://ift.tt/EegzjWf
Monday, January 23, 2023
Amazon union fight continues despite workers' win
Amazon Labor Union leader Chris Smalls says it's time for the firm "to come to the table and negotiate".
from BBC News - Business https://ift.tt/PvSDwtN
from BBC News - Business https://ift.tt/PvSDwtN
Twitter sued by Crown Estate over alleged unpaid rent at UK HQ
The alleged rent arrears relate to office space at Twitter's UK headquarters in central London.
from BBC News - Business https://ift.tt/oiXm5pR
from BBC News - Business https://ift.tt/oiXm5pR
M&Ms replacing spokescandies with comedian Maya Rudolph
The company said it has put a 'pause' on the mascots after a rebrand "broke the internet".
from BBC News - Business https://ift.tt/K9lWMLA
from BBC News - Business https://ift.tt/K9lWMLA
Microsoft extends AI partnership with ChatGPT and Dall-E maker OpenAI
It announces a "multi-year, multibillion dollar investment" with OpenAI to accelerate breakthroughs.
from BBC News - Business https://ift.tt/6ut4ReD
from BBC News - Business https://ift.tt/6ut4ReD
Demand Flexibility Service: What is the energy saving scheme for electricity?
A scheme to reward people for cutting back on electricity use is being introduced.
from BBC News - Business https://ift.tt/JlwPQix
from BBC News - Business https://ift.tt/JlwPQix
Food suppliers hit back at Tesco chair in price hike row
Industry body the Food & Drink Federation says supermarkets are already "very tough" on suppliers.
from BBC News - Business https://ift.tt/6g2H5uZ
from BBC News - Business https://ift.tt/6g2H5uZ
Fullers blames rail strikes for pub profit warning
The pubs and hotels operator says industrial action has wiped £4m off its full-year sales.
from BBC News - Business https://ift.tt/7Q62uTR
from BBC News - Business https://ift.tt/7Q62uTR
Sunday, January 22, 2023
Covid: Thailand tourism up but still below pre-pandemic level
The holiday destination is set to start charging overseas visitors $9.20 each from the start of June.
from BBC News - Business https://ift.tt/01InwLN
from BBC News - Business https://ift.tt/01InwLN
Technology can help the NHS, says AstraZeneca boss
AstraZeneca's Leif Johansson says AI and screening could prevent costly treatment in hospitals.
from BBC News - Business https://ift.tt/A0xXG64
from BBC News - Business https://ift.tt/A0xXG64
National Grid puts coal plants on standby to supply electricity
National Grid ESO orders coal-fire units to begin warming up as the UK's cold snap continues.
from BBC News - Business https://ift.tt/egpwZBr
from BBC News - Business https://ift.tt/egpwZBr
Strikes Update: How Monday 23 January’s walkouts will affect you
What you need to know about the ambulance workers' strike, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/ceKSb5m
from BBC News - Business https://ift.tt/ceKSb5m
Energy Price Cap: Labour calls for three month extension
Extending the £2,500 energy price cap until July can be funded by a tougher windfall tax, Labour says.
from BBC News - Business https://ift.tt/IsH9Jvi
from BBC News - Business https://ift.tt/IsH9Jvi
Firms may be hiking prices beyond inflation - Tesco boss
Food suppliers may be using inflation as excuse to raise prices further than necessary, John Allan says.
from BBC News - Business https://ift.tt/XchPSkm
from BBC News - Business https://ift.tt/XchPSkm
Crackdown on forced prepayment meters ordered by government
Many customers have been left without heat and light when not able to afford topping up their prepayment meters.
from BBC News - Business https://ift.tt/vEAn2IH
from BBC News - Business https://ift.tt/vEAn2IH
Saturday, January 21, 2023
UK steel industry a whisker away from collapse - Unite
Unite has written a letter to the Business Secretary Grant Shapps seeking more government support.
from BBC News - Business https://ift.tt/5jJiWO2
from BBC News - Business https://ift.tt/5jJiWO2
Friday, January 20, 2023
Stagecoach co-founder Dame Ann Gloag charged with human trafficking offences
The Stagecoach co-founder, her husband and two members of her family strongly deny the allegations.
from BBC News - Business https://ift.tt/YyfAdnC
from BBC News - Business https://ift.tt/YyfAdnC
Elite chefs say kitchen work 'like going to war' - study finds
Michelin star chefs routinely face mental and physical abuse at work, a new study suggests.
from BBC News - Business https://ift.tt/aVTcRQg
from BBC News - Business https://ift.tt/aVTcRQg
Lloyds and Halifax to close 40 more bank branches
As more people bank online, footfall in physical branches has dropped, says Lloyds Banking Group.
from BBC News - Business https://ift.tt/GQqaR2x
from BBC News - Business https://ift.tt/GQqaR2x
UK considers £300m rescue funding for British Steel
The government is considering help for the struggling steelmaker to secure thousands of jobs, reports say.
from BBC News - Business https://ift.tt/LtaxycF
from BBC News - Business https://ift.tt/LtaxycF
Google parent Alphabet to cut 12,000 jobs
Six per cent of Alphabet's workforce will be lost worldwide, and US staff will be affected immediately.
from BBC News - Business https://ift.tt/dKRAnPl
from BBC News - Business https://ift.tt/dKRAnPl
Crypto lender Genesis files for bankruptcy
The cryptocurrency lender’s collapse is the latest blow to the sector.
from BBC News - Business https://ift.tt/0ajvmzI
from BBC News - Business https://ift.tt/0ajvmzI
Thursday, January 19, 2023
Starmer: UK car industry 'needs to be saved'
The Labour leader says the sector needs a strategic plan, following the collapse of British Volt.
from BBC News - Business https://ift.tt/MWKczB4
from BBC News - Business https://ift.tt/MWKczB4
New FTX boss John Ray could bring back bankrupt crypto firm
John Ray said he may restart the platform to try to recover "value" for customers who lost money.
from BBC News - Business https://ift.tt/YBuQUS2
from BBC News - Business https://ift.tt/YBuQUS2
Labour calls for Transpennine Express rail contract removal
The north of England rail service has "never been worse", the shadow transport secretary says.
from BBC News - Business https://ift.tt/tzNwmJY
from BBC News - Business https://ift.tt/tzNwmJY
Argos to close all stores in Republic of Ireland in June
The 34 stores the company operates will close after the investment needed was not viable.
from BBC News - Business https://ift.tt/uCijoqP
from BBC News - Business https://ift.tt/uCijoqP
Cost of living: Calls grow for a ban on prepayment meter switching
Citizens Advice says it has seen a sharp increase in people needing crisis support, such as emergency grants.
from BBC News - Business https://ift.tt/mXofS9Y
from BBC News - Business https://ift.tt/mXofS9Y
Christmas boost for Hotel Chocolat but problems at Dr Martens
The confectioner says shoppers returned to its stores, but shoe maker Dr Martens is hit by US woes.
from BBC News - Business https://ift.tt/ImK8DCG
from BBC News - Business https://ift.tt/ImK8DCG
Wednesday, January 18, 2023
Train strikes: Cheaper to settle, minister admits
It would have cost the UK less if the disputes had been settled months ago, admits rail minister.
from BBC News - Business https://ift.tt/3JkpLgP
from BBC News - Business https://ift.tt/3JkpLgP
Strikes Update: How nurses' strikes on Thursday will affect you
What you need to know about the nurses' strike and other industrial action, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/kayLxs6
from BBC News - Business https://ift.tt/kayLxs6
Microsoft to cut 10,000 jobs as spending slows
Chief executive Satya Nadella says cuts will cost $1.2bn as tech firms scale back from Covid growth.
from BBC News - Business https://ift.tt/u0KCEyR
from BBC News - Business https://ift.tt/u0KCEyR
Cost of living: Rents and house prices continue to rise
Private rental prices continue a trend of rises higher than anytime in the last seven years.
from BBC News - Business https://ift.tt/QlWuGOg
from BBC News - Business https://ift.tt/QlWuGOg
Air travel costs soar at record rate in December
The price of a plane journey rose at the fastest pace since 1989 while coach travel jumped.
from BBC News - Business https://ift.tt/nD8Qfg2
from BBC News - Business https://ift.tt/nD8Qfg2
Chancellor branded 'Mr Bean' for inflation video
Jeremy Hunt drew comparisons to the comic character as he used coffee cups to explain soaring costs.
from BBC News - Business https://ift.tt/fdIbitw
from BBC News - Business https://ift.tt/fdIbitw
Can I get a Cold Weather Payment and how much are they?
Cold Weather Payments are available to some when there is a run of sub-zero temperatures.
from BBC News - Business https://ift.tt/zNeMtIq
from BBC News - Business https://ift.tt/zNeMtIq
Tuesday, January 17, 2023
Strikes Update: How nurses' strikes on Wednesday will affect you
What you need to know about the nurses' strike and other industrial action, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/AEgMWSX
from BBC News - Business https://ift.tt/AEgMWSX
Elon Musk begins trial over Tesla tweet that cost him $20m
Shareholders are suing the Tesla CEO over a 2018 tweet saying he had the funds to take the firm private.
from BBC News - Business https://ift.tt/qcQXzkH
from BBC News - Business https://ift.tt/qcQXzkH
Royal Mail accused of prioritising parcels over letters
The postal service is accused of breaching its legal obligations, but the firm denies it is doing so.
from BBC News - Business https://ift.tt/i2qptAu
from BBC News - Business https://ift.tt/i2qptAu
Ocado says shoppers buying fewer items as costs rise
The online grocery delivery service says shoppers are buying less as the cost of living soars.
from BBC News - Business https://ift.tt/SICw27W
from BBC News - Business https://ift.tt/SICw27W
Britishvolt expected to fall into administration
Sources have told the BBC to expect a notice to be filed in insolvency courts this morning.
from BBC News - Business https://ift.tt/NFbVxk8
from BBC News - Business https://ift.tt/NFbVxk8
Monday, January 16, 2023
Putin is weaponising food, says boss of fertiliser giant Yara
The boss of Yara says Russia's invasion of Ukraine has driven up the price of fertilisers and food.
from BBC News - Business https://ift.tt/JComSbk
from BBC News - Business https://ift.tt/JComSbk
The green trade row dividing the Davos elite
A transatlantic spat over green subsidies is casting a shadow over this year's World Economic Forum.
from BBC News - Business https://ift.tt/ibcBN27
from BBC News - Business https://ift.tt/ibcBN27
Twitter: Five ways Elon Musk has changed the platform for users
Twitter users say the social network has "a different vibe" since the billionaire took charge.
from BBC News - Business https://ift.tt/3IReN9h
from BBC News - Business https://ift.tt/3IReN9h
M&S to create 3,400 jobs as it opens new stores
The retailer says it will open 20 stores in the next year, including five in former Debenhams sites.
from BBC News - Business https://ift.tt/ITLMhrE
from BBC News - Business https://ift.tt/ITLMhrE
Britishvolt: Fears rise over future of British battery giant
Shareholders are voting on the future of the company which aims to make batteries for electric cars.
from BBC News - Business https://ift.tt/PREUxr9
from BBC News - Business https://ift.tt/PREUxr9
Dr Ranj Singh: Four ways to protect your mental health
The rising cost of living can be stressful but there are steps you can take to help.
from BBC News - Business https://ift.tt/E1wpqIW
from BBC News - Business https://ift.tt/E1wpqIW
Sunday, January 15, 2023
Energy boss warns higher bills are here to stay
Equinor's chief says while prices will not be as volatile, investment in renewables must be paid for.
from BBC News - Business https://ift.tt/StKaZRY
from BBC News - Business https://ift.tt/StKaZRY
Friday, January 13, 2023
Single-use plastic: Takeaways face ban in October
More details emerge of a ban that businesses say could make takeaways more costly.
from BBC News - Business https://ift.tt/DUZb926
from BBC News - Business https://ift.tt/DUZb926
Winklevoss firm charged in US over crypto sales
Its partner company is also accused of illegal sales to hundreds of thousands of investors.
from BBC News - Business https://ift.tt/daRomlu
from BBC News - Business https://ift.tt/daRomlu
India targets China's dominance in mobile phones
There's some way to go, but India hopes to build its own world-class mobile phone industry.
from BBC News - Business https://ift.tt/u3x6Hbe
from BBC News - Business https://ift.tt/u3x6Hbe
Tesla cuts prices by up to a fifth to boost demand
The electric car maker is reducing prices by thousands of pounds as global downturn threatens sales.
from BBC News - Business https://ift.tt/8FhIwtL
from BBC News - Business https://ift.tt/8FhIwtL
Byron Burger chain owner shuts sites and axes jobs
The company will close nearly half of its restaurants and cut 218 staff in a further restructure.
from BBC News - Business https://ift.tt/wLcelWa
from BBC News - Business https://ift.tt/wLcelWa
Adidas loses stripes row trademark battle with luxury designer Thom Browne
The sportswear giant argued the use of four parallel stripes was too similar to its logo.
from BBC News - Business https://ift.tt/tirvWRU
from BBC News - Business https://ift.tt/tirvWRU
Thursday, January 12, 2023
Does easing US inflation point the way for the world?
It may be good news for the rest of the world if price increases in the US continue to slow.
from BBC News - Business https://ift.tt/Xu4Vgs6
from BBC News - Business https://ift.tt/Xu4Vgs6
Royal Mail hit by Russia-linked ransomware attack
The group is working "around the clock" to resolve severe disruption to overseas deliveries.
from BBC News - Business https://ift.tt/KsuUI5S
from BBC News - Business https://ift.tt/KsuUI5S
Disney accused of squeezing theme park customers
Investor Nelson Peltz says price rises at Disney's theme parks are unsustainable.
from BBC News - Business https://ift.tt/czurHky
from BBC News - Business https://ift.tt/czurHky
Liberty Steel restructuring puts 440 jobs at risk
Union leaders say plans to mothball factories and cut production is a 'body blow' to workers.
from BBC News - Business https://ift.tt/Zv8tA5F
from BBC News - Business https://ift.tt/Zv8tA5F
US inflation eases as energy prices drop
Prices in the US rose 6.5% over the 12 months to the end of December, the US Labor Department says.
from BBC News - Business https://ift.tt/QMRw74y
from BBC News - Business https://ift.tt/QMRw74y
Royal Mail: Overseas post still disrupted after 'cyber incident'
The group said its team was working "around the clock" to resolve disruption caused by a "cyber incident".
from BBC News - Business https://ift.tt/DPwhcjS
from BBC News - Business https://ift.tt/DPwhcjS
Wednesday, January 11, 2023
Sri Lanka's central bank urges China and India to reduce its debts
The crisis-hit Indian Ocean state cannot access a $2.9bn bailout until its debts to China and India are resolved.
from BBC News - Business https://ift.tt/eB8tip4
from BBC News - Business https://ift.tt/eB8tip4
World's richest man promotes daughter to head Dior
Bernard Arnault made his fortunes as chief executive of French fashion giant, LVMH.
from BBC News - Business https://ift.tt/yjs7cnq
from BBC News - Business https://ift.tt/yjs7cnq
100,000 civil servants to strike on 1 February
People working in 124 government departments and several other bodies will walk out on 1 February.
from BBC News - Business https://ift.tt/MHsxiJ4
from BBC News - Business https://ift.tt/MHsxiJ4
Royal Mail 'cyber-incident' hits overseas post
The firm is telling customers to stop sending items abroad while it tries to resolve the issue.
from BBC News - Business https://ift.tt/5VgfHWG
from BBC News - Business https://ift.tt/5VgfHWG
Elon Musk's drop in fortunes could break record
The Tesla and Twitter boss has seen his fortune fall by $165bn (£135bn) since November 2021.
from BBC News - Business https://ift.tt/RhYw4rA
from BBC News - Business https://ift.tt/RhYw4rA
Rail strikes: Unions say solution is 'further away' than ever
The head of train drivers' union Aslef says a solution is "further away" than ever, despite talks.
from BBC News - Business https://ift.tt/NJpqP1I
from BBC News - Business https://ift.tt/NJpqP1I
Barratt warns of 'marked slowdown' in housing market
The housebuilder says changes to mortgage rates have made homes less affordable.
from BBC News - Business https://ift.tt/XUQEdn2
from BBC News - Business https://ift.tt/XUQEdn2
Tuesday, January 10, 2023
Cryptocurrency: UK Treasury considers plan for digital pound
The economic secretary to the Treasury says the UK is committed to becoming a world crypto hub.
from BBC News - Business https://ift.tt/tyUT76R
from BBC News - Business https://ift.tt/tyUT76R
Grant Shapps unveils new powers in strike laws
Unions say the plans for minimum service levels are "undemocratic and unworkable".
from BBC News - Business https://ift.tt/BIm92tJ
from BBC News - Business https://ift.tt/BIm92tJ
Strikes Update: How Wednesday 11 January’s walkouts will affect you
What you need to know about the ambulance workers' strike and other industrial action, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/AtMNv3h
from BBC News - Business https://ift.tt/AtMNv3h
Wilko customer service staff at risk of redundancy
The 95 staff members at its contact centre are in a consultation process, the company says.
from BBC News - Business https://ift.tt/TcVKhG6
from BBC News - Business https://ift.tt/TcVKhG6
Amazon warehouse closures put 1,200 jobs at risk
The online giant is to shut three warehouses, but also plans to open two new ones creating 2,500 roles.
from BBC News - Business https://ift.tt/5Gv9d74
from BBC News - Business https://ift.tt/5Gv9d74
Monday, January 9, 2023
Will the metaverse be your new workplace?
Some predict that in the future we'll work in virtual worlds, but others are not convinced.
from BBC News - Business https://ift.tt/JwP8Zt7
from BBC News - Business https://ift.tt/JwP8Zt7
Energy bill support for firms to be reduced from April
The government says the current level of support for firms was "unsustainably expensive".
from BBC News - Business https://ift.tt/j75cK8U
from BBC News - Business https://ift.tt/j75cK8U
McDonald's: Former boss Easterbrook fined for misleading investors
The chain fired Stephen Easterbrook after finding he had had a consensual relationship with an employee.
from BBC News - Business https://ift.tt/XBUi17P
from BBC News - Business https://ift.tt/XBUi17P
Britishvolt in talks to secure Northumberland gigafactory
It is hoped at least 3,000 jobs will be created at the factory to produce electric vehicle batteries.
from BBC News - Business https://ift.tt/96s4qwJ
from BBC News - Business https://ift.tt/96s4qwJ
UK space launch: Historic Cornwall rocket mission set to blast off
A modified jumbo jet will fly out of Cornwall on a mission to send nine satellites to orbit.
from BBC News - Business https://ift.tt/PrL8piq
from BBC News - Business https://ift.tt/PrL8piq
Brewdog boss pays out £500,000 in gold can row
James Watt says he made some "costly mistakes" in ads offering people a chance to win gold cans.
from BBC News - Business https://ift.tt/ZnjKVky
from BBC News - Business https://ift.tt/ZnjKVky
Sunday, January 8, 2023
Union talks aimed at ending strike action
Officials are expected to hold separate talks on Monday with health, teaching and rail unions.
from BBC News - Business https://ift.tt/XBa8DRT
from BBC News - Business https://ift.tt/XBa8DRT
US Farmers win right to repair John Deere equipment
The grassroots movement has grown among consumers around the world as repair costs soar.
from BBC News - Business https://ift.tt/O4l1Foe
from BBC News - Business https://ift.tt/O4l1Foe
Fashion brands paid Bangladesh factories less than cost - report
High street retailers paid suppliers in Bangladesh less than production costs, researchers claim.
from BBC News - Business https://ift.tt/u9Rk5OB
from BBC News - Business https://ift.tt/u9Rk5OB
Strike daily: How Monday 9 January strikes will affect you
What you need to know about industrial action taking place on Monday.
from BBC News - Business https://ift.tt/03ICadl
from BBC News - Business https://ift.tt/03ICadl
Jack Ma to give up control of fintech giant Ant Group
The billionaire has seldom been seen in public since criticising China's financial sector in 2020.
from BBC News - Business https://ift.tt/17wFkQz
from BBC News - Business https://ift.tt/17wFkQz
Friday, January 6, 2023
Flying boats and other tech for cleaner shipping
The shipping industry is experimenting with foils, sails and fuel to make itself less carbon intensive.
from BBC News - Business https://ift.tt/1rwuXCo
from BBC News - Business https://ift.tt/1rwuXCo
BA unveils jumpsuits in first uniform revamp for 20 years
The airline has updated its workwear for the first time in 20 years with designs by Ozwald Boateng.
from BBC News - Business https://ift.tt/Vro3B4q
from BBC News - Business https://ift.tt/Vro3B4q
Thursday, January 5, 2023
Wind generated a record amount of electricity in 2022
More electricity in Great Britain last year came from renewable sources than from fossil fuels.
from BBC News - Business https://ift.tt/LGxauSW
from BBC News - Business https://ift.tt/LGxauSW
Taliban and China firm agree Afghanistan oil extraction deal
It is the first major energy extraction agreement with a foreign firm since the Taliban took power.
from BBC News - Business https://ift.tt/1MFGt5S
from BBC News - Business https://ift.tt/1MFGt5S
Samsung sees profit plunge by 69% as chip prices slump
The slump comes as the global economic slowdown hits memory chip prices and demand for devices.
from BBC News - Business https://ift.tt/q5vNfrj
from BBC News - Business https://ift.tt/q5vNfrj
Many Android phones to get satellite connectivity
When there is no mobile coverage, phones will be able to send and receive emergency texts via satellite.
from BBC News - Business https://ift.tt/PNjB34t
from BBC News - Business https://ift.tt/PNjB34t
Staff must be free to work for employer's rivals - US regulator
Officials say non-compete clauses unfairly limit pay and opportunities for some 30 million Americans.
from BBC News - Business https://ift.tt/OdTQxDY
from BBC News - Business https://ift.tt/OdTQxDY
Iron Maiden release limited edition postal stamps with Royal Mail
English heavy metal band Iron Maiden have been honoured with a set of twelve commemorative stamps.
from BBC News - Business https://ift.tt/8spIo4k
from BBC News - Business https://ift.tt/8spIo4k
Covid: Hong Kong to lift year-long ban on hamster imports
Officials in the city previously ordered a culling of the pets to stop the spread of Covid-19.
from BBC News - Business https://ift.tt/hyvpgTG
from BBC News - Business https://ift.tt/hyvpgTG
Next warns of 8% price rise for spring and summer
The High Street retailer expects price increases to continue into the second half of 2023.
from BBC News - Business https://ift.tt/d9mglOc
from BBC News - Business https://ift.tt/d9mglOc
Wednesday, January 4, 2023
Amazon to shed over 18,000 jobs as it cuts costs, CEO says
The announcement comes after the technology giant said last year that it would reduce its headcount.
from BBC News - Business https://ift.tt/JdtHp6z
from BBC News - Business https://ift.tt/JdtHp6z
UK new car sales hit 30 year low but electric vehicle demand soars
A chip shortage contributed to the drop in car registrations in 2022 - but electric cars boost market share.
from BBC News - Business https://ift.tt/B6i9q5U
from BBC News - Business https://ift.tt/B6i9q5U
Meta fined €390m over use of data for targeted ads
The EU data watchdog says the way Meta obtained permission to process users' data for ads broke data law.
from BBC News - Business https://ift.tt/VeRITkS
from BBC News - Business https://ift.tt/VeRITkS
Mortgage approvals sink to lowest level in two years
New figures from the Bank of England show that they dropped to their lowest level since the middle of the pandemic.
from BBC News - Business https://ift.tt/yXPexDv
from BBC News - Business https://ift.tt/yXPexDv
Tuesday, January 3, 2023
Tuesday to Thursday is the new office working week, data suggests
Analysis of mobile phone data finds people are swapping big cities for life by the seaside.
from BBC News - Business https://ift.tt/Sk1RL5V
from BBC News - Business https://ift.tt/Sk1RL5V
Shoppers face higher prices after energy bill help ends
Shops may have no choice but to up prices when energy bills rise in April, the retail industry body says.
from BBC News - Business https://ift.tt/lhgjCeT
from BBC News - Business https://ift.tt/lhgjCeT
Microsoft recognises first labour union in US
Quality assurance workers at the video production company ZeniMax studios agreed to form a labour union.
from BBC News - Business https://ift.tt/GB4h0s9
from BBC News - Business https://ift.tt/GB4h0s9
Energy bill help for firms expected to be halved
Gas and electricity prices have been fixed for firms until the end of March, but many want the support to continue.
from BBC News - Business https://ift.tt/DgH7KXV
from BBC News - Business https://ift.tt/DgH7KXV
Sam Bankman-Fried pleads not guilty to fraud
'King of Crypto' Sam Bankman-Fried could face more than 100 years in prison if convicted.
from BBC News - Business https://ift.tt/rpv7tWf
from BBC News - Business https://ift.tt/rpv7tWf
Tom Karen: Designer behind 1970s' cult classics dies
Tom Karen helped create some famous children's products from the 1970s as well as the Bond Bug car.
from BBC News - Business https://ift.tt/mhsTN7q
from BBC News - Business https://ift.tt/mhsTN7q
Firms call for clarity over energy bill support
Gyms and hospitality firms say they need to know if they will get help from the government after March.
from BBC News - Business https://ift.tt/AQ9zJTD
from BBC News - Business https://ift.tt/AQ9zJTD
Cost-of-living payments: Three instalments totalling £900 confirmed
People receiving benefits and on a low income will receive the money in three instalments.
from BBC News - Business https://ift.tt/MlHqZ6m
from BBC News - Business https://ift.tt/MlHqZ6m
Monday, January 2, 2023
Tesla reports record 1.3m deliveries for 2022
However, Elon Musk's electric car maker missed Wall Street forecasts for the last three months of the year.
from BBC News - Business https://ift.tt/EPToOKq
from BBC News - Business https://ift.tt/EPToOKq
Four-day working week: How we got here - and where next
Working four days a week might seem radical. But it wasn't so long ago that a six-day week was normal.
from BBC News - Business https://ift.tt/y2zGSek
from BBC News - Business https://ift.tt/y2zGSek
Train strikes: People returning to work face more strikes
Only 20% of services are expected to run this week due to walkouts by RMT and Aslef union members.
from BBC News - Business https://ift.tt/1axoB5l
from BBC News - Business https://ift.tt/1axoB5l
Dubai scraps 30% alcohol tax and licence fee in apparent bid to boost tourism
It will also stop charging for personal alcohol licences - something anyone who intends to drink needs to carry.
from BBC News - Business https://ift.tt/LxS1YHA
from BBC News - Business https://ift.tt/LxS1YHA
Sunday, January 1, 2023
Third of world in recession this year, IMF head warns
Kristalina Georgieva said 2023 will be "tougher" than last year as the global economy faces challenges.
from BBC News - Business https://ift.tt/pPhE6LI
from BBC News - Business https://ift.tt/pPhE6LI
Shops face challenging year ahead, says industry body
The first half of 2023 will be particularly difficult, the British Retail Consortium predicts.
from BBC News - Business https://ift.tt/YMGkuKS
from BBC News - Business https://ift.tt/YMGkuKS
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UK-Canada trade rift: What it means for cheese, beef and cars
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Matthew Connolly and Gavin Black have been acquitted of rate rigging by a US court. from BBC News - Business https://ift.tt/3H8EL8J
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