Barbie movie: Warner Bros Japan sorry for replying to atom bomb memes

The Official Barbie Movie account is criticised for replying to images which made fun of atomic bombs.

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Gallium and germanium: What China’s new move in microchip war means for world

The world's second largest economy is putting controls on gallium and germanium exports.

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Etsy faces growing calls to boycott its services after withholding sellers' money

Sellers on the online marketplace are calling for a boycott in protest at its reserve system.

from BBC News - Business https://ift.tt/pxHAn4P

What is an oil and gas licence?

The government is offering energy firms North Sea permits but what do they allow them to do?

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Renewables, nuclear and fossil fuels: The UK's changing energy mix

To meet climate change targets, more of the UK's energy needs to come from low-carbon sources.

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Italy joining China's Belt and Road Initiative was atrocious move, defence minister says

Defence Minister Guido Crosetto says the Belt and Road scheme has not benefitted his country.

from BBC News - Business https://ift.tt/6icNdH0

Do you need a degree to work in tech?

Big tech firms like IBM are no longer asking for degrees when hiring staff.

from BBC News - Business https://ift.tt/0PZmVSK

Nigel Farage launches website over de-banking 'scandal'

It comes after two banking bosses quit over the row about the closure of Mr Farage's Coutts account.

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Twitter restores Kanye West's account after ban

The US rapper was accused of violating the rules on the social media platform now known as X.

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HS2: Rail link rated 'unachievable' by infrastructure watchdog

The IPA gave the project a "red" warning, raising issues related to budgets and schedules.

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Energy security: Rishi Sunak to meet leaders over energy security plans

The prime minister is facing calls from some Conservative MPs to rethink certain green policies.

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'The cost of living started my shoplifting': Why stealing goods is on the rise

With shoplifting on the rise, we speak to some people about why they do it and others about their experiences facing it.

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WeChat: Why does Elon Musk want X to emulate China's everything-app?

Musk is an admirer of Chinese mega-app WeChat, which combines messaging, social media, finances, dating, and more.

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Royal Mail: Three days left to use non-barcoded stamps

People will not be able to use standard stamps without a barcode after Monday 31 July, says Royal Mail.

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NatWest row: Not helpful if chairman quits over Nigel Farage, says minister

Andrew Griffith's comments come after PM Rishi Sunak refused to back Sir Howard Davies.

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Ex-US bank head to review Bank of England forecasts

Nobel Prize-winning economist Ben Bernanke will look at how the Bank of England forecasts the economy

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Trains strikes: When are they and why are they taking place?

Members of the RMT union at 14 rail companies will walk out on Saturday.

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Ulez: London mayor hails court's 'landmark' expansion ruling

Five Conservative-led councils fail to overturn Sadiq Khan's decision to expand the scheme.

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Tupperware: Why have the troubled firm's shares surged?

The 77-year-old company warned in April that it could go bust unless it quickly raised new financing.

from BBC News - Business https://ift.tt/ZX3qi97

Hollywood writers fear losing work to AI

US movie and TV writers have been on strike since May with artificial intelligence a core issue.

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Eurozone interest rates reach joint record high

The European Central Bank raises rates for the ninth time in a row in an effort to control prices.

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Gatwick strikes called off by ground staff

A planned four-day walkout from Friday is cancelled after revised pay offers are accepted.

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Coutts Bank boss quits over Farage account row

Coutts Bank boss quits over handling of Nigel Farage account, which "fell below bank’s high standards of personal service"

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Spring surge in US economy beats expectations

The world's largest economy expanded at an annual rate of 2.4% in the three months to June.

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New Amazon strike dates mark a year of industrial action

GMB union members at sites in Staffordshire and Coventry are set to walk out for two days in August.

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Joe Lewis: UK tycoon bailed in US fraud case but can't use superyacht

A $300m bond for Tottenham Hotspur tycoon Joe Lewis is secured by his luxury boat and private jets.

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Fed raises interest rates to highest in 22 years

The US central bank has raised borrowing costs sharply as it tries to stabilise prices.

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Can my bank close my account because of my views?

Nigel Farage claims "tens of thousands" have their bank accounts closed due to their politics.

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

Cult Beauty owner THG set to buy City AM newspaper

The free London-based newspaper was put up for sale after it was impacted significantly by the pandemic

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Nigel Farage says more NatWest bosses must go after Coutts leak

The ex-UKIP leader says the whole NatWest board should go as the row over his account closure escalates.

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Rail ticket office mass closure consultation extended

The 21-day public consultation, launched to collect passengers' views, was expected to end on Wednesday.

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Travel recovery to boost global economy, says IMF

World economy expected to grow 3% this year but inflation and interest rates pose risk, says IMF.

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NatWest CEO Dame Alison Rose facing government pressure to resign

Dame Alison Rose admitted a "serious error" in talking about Nigel Farage's relationship with its private banking arm Coutts.

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UPS reaches deal with union Teamsters to avert strike

The agreement raises starting pay for part-time staff to $21 (£16.31) an hour.

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Rare Apple computer trainers on sale for $50,000

The iconic pair were a limited edition made in the 1990's only for employees.

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Twitter headquarters left with half a sign as police interrupt

The microblogging firm pauses removal of its name at San Francisco HQ after changing its brand to X.

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Petrol and diesel car ban immovable, says Michael Gove

The government is facing calls from senior Tories to ditch what they see as unpopular green policies.

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Marmite maker Unilever's sales soar after hiking prices

The consumer goods giant reports growth based almost entirely on lifting its prices.

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Worldcoin: Sam Altman launches eyeball scanning crypto coin

Thousands of people scan their irises on first official launch day of "dystopian" crypto project.

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Spotify raises premium subscription price for millions

For the first time since 2011, Spotify confirms a price hike for about 200m ad-free subscribers.

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UK venture capital firms failing to invest in women and minorities, say MPs

The venture capital industry comes under fire from MPs over lack of diversity in investments.

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'I feel manipulated’: The 'debt help' ads targeting struggling mums​​

Social media posts are targeting people in problem debt with a product that could leave them worse off.

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'Quickie' divorces and will writing to be investigated

The UK's competition watchdog is to investigate unregulated legal services following consumer complaints.

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Greece fires: What are holidaymakers' rights?

Some airlines are continuing to fly to the islands but can you cancel your flight and get a refund?

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Barbie movie wins box office battle in US

Barbie has the year's most successful opening weekend for a film in the US and Canada, making $155m.

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Elon Musk: Time to say goodbye to Twitter logo

The Twitter owner says he wants to replace the logo with an "X".

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Unilever will let Russia employees be conscripted

The Cornetto maker says it will comply with Russian law to permit staff to be conscripted.

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Treasury to meet bank bosses over Farage row

Minister calls meeting with 19 banks over concerns accounts are closed due to political views.

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UK inflation and interest rates high - how do other economies compare?

UK inflation and interest rates are high but if you include growth, jobs and taxes its a mixed picture.

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Merthyr Tydfil: Ffos-y-Fran mine accused of licence breach

Ffos-y-Fran produces two-thirds of the UK's coal and was supposed to close in September.

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More children can use passport e-gates after UK rule change

The expansion of the service is expected to benefit over 400,000 children this year.

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What does the scrapping of a wind farm plan mean for UK renewable energy?

Vattenfall stops work on the Norfolk Boreas offshore wind farm over soaring costs.

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Nigel Farage row sparks hundreds of NatWest personal data requests

The BBC understands the bank has seen an increase in the number of requests for personal data.

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Seven AI companies agree to safeguards in the US

White House says it's a 'critical step' towards the responsible development of the technology.

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Why McDonald's dropped tomatoes from Indian menus

A kilo of tomatoes now costs more than a litre of petrol in the country. Here's why.

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Alison Rose: The bank boss caught up in the Nigel Farage row

The NatWest Group chief executive in the eye of the storm over Nigel Farage's personal bank accounts.

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Virgin Money to shut a third of its UK bank branches

The firm says 255 workers will be at risk of redundancy at the 39 stores due for closure.

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New rules to force banks to explain account closures

The government will make it more difficult for banks to close accounts after Nigel Farage row.

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India bans rice shipments to curb price rises

The country has struggling with a surge in food prices after bad weather damaged crops.

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Mobile roaming charges: Ofcom proposes new rules to curb fees

Ofcom says mobile networks would have to tell people when they are going to be charged.

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Mortgage rates fall for first time in two months

The Bank of England is not expected to raise interest rates as quickly after inflation slowed.

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Bank face threat to licences over Farage bank account row

Banks could face conditions on their licences after Nigel Farage said his account was shut over his views.

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Fast grocery firms doomed by French dark store ban

Hampered by hostile new regulations, firms that promised instant grocery deliveries are leaving France.

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UK set to amend encrypted message scanning plans

Proposed new privacy safeguard for planned powers to scan encrypted messages for child abuse images.

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Rents rise at fastest rate for eight years

Costs for tenants have jumped again but house prices grew more slowly in May, figures show.

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Facebook-owner Meta exec Nick Clegg claims AI 'quite stupid'

Meta's president of global affairs Sir Nick Clegg has downplayed the risks of the current technology.

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UK inflation falls to lowest level in more than a year

The rate of price rises in the UK fell to 7.9% in June, down from 8.7% the previous month.

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Russia: Chechen agriculture minister to run seized Danone unit

Yakub Zakriev is a deputy prime minister and the agriculture minister of the Russian republic of Chechnya.

from BBC News - Business https://ift.tt/fmI6kUW

Jaguar Land Rover-owner to build UK battery factory in Somerset

Jaguar Land Rover-owner, Tata, is going ahead with plans for a multi-billion-pound factory in Somerset.

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McDonald's sexual abuse claims 'deeply concerning' - PM spokesman

The comments comes after 100 current and recent workers tell the BBC about sexual assault, harassment and racism.

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VanMoof: E-bike firm goes bust after Covid boom

The brothers who founded the Dutch electric bike-maker, said they were unable to save the firm.

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Banks warned over 'weak excuses' for savings rates

The financial regulator also says it will look closely at close to zero interest rates for loyal savers.

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Is the worst over for Sri Lanka's economic crisis?

A year after the start of the crisis, life looks normal in Colombo but is the country out of the woods?

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How brands hope to tempt you with videos on labels

Companies are using augmented reality labels on their products to share videos and animations.

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Amazon staff at Rugeley vote for strike action over pay

Workers in Coventry are already taking strike action over pay and Rugeley staff could be joining them.

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Apple iPhone from 2007 sells for $190,000 at auction

The rare first-edition, unopened 4GB model sold for almost 400 times its original value.

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Call for 'full and fair' payouts in Post Office scandal

The head of an inquiry into the scandal calls for action to stop compensation payments being delayed.

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Carbon-free flights promised 'within two years'

A company is testing an aircraft engine that emits no CO2, and says it will be commercially available in 2025.

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Russia seizes control of Danone and Carlsberg operations

Under a new order, the Danone and Carslberg units have been put in "temporary management" of the state.

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Nigeria's so-called tax collectors: Menacing and mafia-like

The tax system is opaque - and abused, with politicians and private citizens lining their pockets.

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Train strikes: When are they and why are they taking place?

Aslef train drivers are refusing to work overtime, while members of the RMT will walk out later this week.

from BBC News - Business https://ift.tt/mN7eKtT

Twitter loses nearly half ad revenue since Musk takeover

Elon Musk confirms the firm has a heavy debt load and income in June was not what had been expected.

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Call of Duty battle over after Sony deal with Microsoft

Sony agrees deal with tech giant to keep franchise on PlayStation as Activision buyout moves step closer.

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CPTPP trade deal will benefit UK if we use it, says Kemi Badenoch

The business secretary's comments come as she signs off a new deal with 11 Asia and Pacific nations.

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CPTPP: UK agrees to join Asia's trade club but what is it?

It may sound like an official has leant on their keyboard - but it's an acronym we'll hear more often.

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Mortgage rates: Six reasons why the pain isn't as bad as it could be

Mortgage rates are at a 15-year high, but there are reasons why the pain may not be as bad as it could be.

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Why McDonald's dropped tomatoes from Indian menus

A kilo of tomatoes now costs more than a litre of petrol in the country. Here's why.

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Can Barbie be the new Iron Man in a Mattel universe?

Ynon Kreiz, CEO of toymaker Mattel, talks about the future of the Barbie brand.

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Extra energy bill scheme was 'staggering failure', says MP

The scheme to help people who missed out on last winter's energy subsidy should be reopened, a senior MP says.

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Rapid pace of price rises 'embedded', forecaster warns

Inflation is becoming entrenched, putting pressure on the public finances, the OBR says.

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Renters stretched most by cost of living pressures

People who rent are finding it hardest to cover housing costs and may be spending less on food.

from BBC News - Business https://ift.tt/w8PnBxW

Shops asked to halt mafia-themed Scotch whisky orders

Regulators find that a Polish firm's "Cosa Nostra" Scotch whisky product "glamorises" firearms.

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ChatGPT owner in probe over risks around false answers

US regulators are asking the maker of ChatGPT about protections for privacy and reputational risk.

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Anchor Brewing: America's oldest craft brewery shuts after 127 years

The owner of Anchor Brewing said it could not overcome the hit from the pandemic.

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

Using agency staff to cover strikes ruled unlawful

Bosses can no longer use agency staff to cover striking workers during walkouts, the High Court rules.

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Google's ChatGPT rival Bard launches in Europe and Brazil

Google’s Bard artificial intelligence chatbot can now also talk and respond to visual prompts.

from BBC News - Business https://ift.tt/igkhE68

Warning public debt could soar as population ages

Debt could rise to more than 300% of the size of the economy by 2070, the government's forecaster says.

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GST: India's online game tax could kill a booming industry

The industry says it has been blindsided by the government's "catastrophic" tax decision.

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Elon Musk accused of owing £385m in Twitter redundancies

Elon Musk accused of failing to pay $500m in Twitter severance pay.

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Elon Musk announces new AI start-up

The new entity is called xAI, and employs several engineers that have worked at companies like OpenAI and Google.

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US inflation at slowest rate in more than two years

Inflation rose by 3% in the year to June, new data shows, as prices for used cars dropped

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Thames Water: nationalisation is not the way forward says new chairman

The firm's new chairman pledges to improve performance while Ofwat warns of "deep-rooted" issues.

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India CEO criticised for picking AI bot over human staff

Suumit Shah, founder of an e-commerce website, said that his firm had laid off 90% of its support staff.

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Threads: The BBC drama which affected a generation of viewers

Threads is a social media app for some and a nightmarish BBC movie from 1984 for others.

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The mega-strike that could take down Hollywood

Actors prepare to join writers on the picket lines, shutting down TV and film productions.

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Sunak: No decision yet on public sector pay rises

The prime minister says he would make the "responsible" decision to keep inflation under control.

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

Nutmeg co-founder Nick Hungerford dies aged 43, months after setting up charity

Nick Hungerford was inspired by his young daughter to set up a charity to support bereaved children.

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Microsoft's deal to buy Activision Blizzard boosted by US judge

The Federal Trade Commission in the US had sought to block the proposed merger on competition grounds.

from BBC News - Business https://ift.tt/VkO178l

Bank of America accused of opening credit cards without customer consent

Bank of America is ordered to pay $150m in penalties after an investigation by US regulators.

from BBC News - Business https://ift.tt/lgF2mkn

Privacy activists slam EU-US pact on data sharing

The deal overcame objections about US intelligence agencies' level of access to European data.

from BBC News - Business https://ift.tt/1V8nFeY

US climate envoy John Kerry criticises big oil for backtracking

John Kerry says reversing pledges to cut fossil fuel investments is "unnecessary" and "dangerous".

from BBC News - Business https://ift.tt/i6v5oEj

Chancellor to unveil pension fund reform aimed at boosting growth

Jeremy Hunt will announce plans for industry and to grow the economy at Mansion House on Monday night.

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Threads app signs up 100m users in less than a week

Meta's rival to Twitter has surpassed a record set by Open AI's ChatGPT app since its launch.

from BBC News - Business https://ift.tt/UzEM2gc

Easyjet cancels 1700 flights from July to September

The airline axes flights to and from Gatwick airport as schools head towards the summer break.

from BBC News - Business https://ift.tt/5bJYdvy

Long Covid forces Harpenden businessman into early retirement

Prolonged brain fog means Marcus Whitehead has had to retire early from his high-powered city job.

from BBC News - Business https://ift.tt/3PQO1XN

Thames Water investors agree to 750m injection

The water company, which is struggling under huge debts, is facing the threat of nationalisation.

from BBC News - Business https://ift.tt/YJ2zA4a

Prime: Top US senator calls for probe into KSI and Logan Paul energy drink

Chuck Schumer alleges the drink is being targeted at children despite its high caffeine content.

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Has Janet Yellen's trip to Beijing improved US-China relations?

Polite communication has returned to US-China relations - but progress could easily be knocked back.

from BBC News - Business https://ift.tt/nb0vNkP

Hospitality sector 'anxious' over summer staffing

Some fear they will have to close or offer a reduced service when they should be at their busiest.

from BBC News - Business https://ift.tt/CdHpu4y

Minister refuses to commit to following pay board advice

Review bodies are advising the government on pay rises for public sector workers such as doctors.

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

Ofwat complacent over Thames Water affair - MP

A committee of MPs will quiz the watchdog on Wednesday over whether it has been "asleep at the wheel".

from BBC News - Business https://ift.tt/5IkOAfG

Ford Fiesta fans on why they love their cars

As Ford announces the end of the Fiesta, keen fans sing its praises and mourn its loss.

from BBC News - Business https://ift.tt/0KNmOeE

Families of Boeing 737 Max crash victims seek unlawful killing verdict

An inquest will be held for three UK passengers who died when a Boeing 737 Max airliner crashed in Ethiopia.

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China hits Jack Ma's Ant Group with nearly $1bn fine

After the fine, authorities signalled an end to a crackdown on tech firms.

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Southern Water bosses decline bonuses after sewage discharge anger

Bosses of Southern Water are refusing their bonuses amid anger over discharges into the sea.

from BBC News - Business https://ift.tt/RGjpwJ0

Yellen criticises Chinese curbs against US firms

The US Treasury Secretary said decoupling the world’s two largest economies would destabilise the global economy.

from BBC News - Business https://ift.tt/CdiFBx2

Strike action could hit summer holiday flights in Europe

A union for European air traffic controllers says it could strike in a row over staffing and pay.

from BBC News - Business https://ift.tt/WuI83hk

Californian winemakers are learning firefighting techniques

Winemakers in the Napa Valley are having to battle wildfires affecting vineyards and wineries.

from BBC News - Business https://ift.tt/1ecu3VM

Week of strikes to disrupt Tube services RMT says

Week of strikes to hit Tube services from 23 July in row over pensions and job cuts, RMT union says.

from BBC News - Business https://ift.tt/Oj0PAha

Peterborough: Ideal World shopping channel goes into administration

Administrators say most of its employees face redundancy after a slump in viewers.

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

Mothers could have missed out on 1bn in state pension

Women will receive letters from the the UK's tax authority aimed at correcting state pension underpayments.

from BBC News - Business https://ift.tt/92zaLNR

Threads could cause real problems for Twitter

Meta's new app benefits from its billion-plus Instagram followers that give it a huge shot in the arm.

from BBC News - Business https://ift.tt/f3gCTLw

Interest rate rigger wins right to appeal in UK

The appeal by Tom Hayes has the potential to overturn not only his own case but that of nine other traders.

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

Canada stops advertising with Facebook and Instagram in news row

It's the latest move over a new bill that will force tech giants to pay Canadian media for news content.

from BBC News - Business https://ift.tt/LC4ja3y

Oil giant Shell warns cutting production dangerous

The world's need for fossil fuels is "desperate", Shell's chief executive told the BBC.

from BBC News - Business https://ift.tt/bXM92xC

Threads: Instagram owner launches Twitter-like app

The new app is now available to download in over 100 countries, though not in the European Union.

from BBC News - Business https://ift.tt/fzE6D95

Risk of major disruption as UPS strike looms in US

"I'd like to strike just to teach them a lesson," says long-time UPS worker Antonio Rosario.

from BBC News - Business https://ift.tt/0riemHC

Leicester City facing 880k fine for fixing replica kit prices

Regulators say the club's "anti-competitive" conduct may have led to fans paying higher prices.

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

Bank account closures probe must be fast tracked

Treasury urges action after Nigel Farage complains his account is being closed because he is a politician.

from BBC News - Business https://ift.tt/Gcmd4Ur

Music producer smashed his platinum discs - then rebuilt them

Record producer and label owner Sir Robin Millar talks about losing his sight and finding great music.

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

E2E encryption: Should big tech be able to read people's messages?

Who will win in the years-long stalemate between governments and big tech around super-secure messaging?

from BBC News - Business https://ift.tt/5Fjmp1v

Unilever: Cornetto maker defends decision to stay in Russia

Unilever said exiting was "not straightforward" as its operations would be taken over if it abandoned them.

from BBC News - Business https://ift.tt/lRJ6wQB

Thames Water needs 'substantial' sums of money

The water regulator said talks with investors to raise the necessary funds were continuing.

from BBC News - Business https://ift.tt/wxTK8Mj

Thames Water fined 3.3m over river sewage

The firm pumped millions of litres of sewage into rivers, turning them black and killing fish.

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

Petrol stations accused of pocketing fuel duty cut

Treasury Select Committee chair claims retailers not customers benefitted from the tax cut.

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

Companies refuse to hire 'unreliable' young workers

Interview no shows are among the reasons some firms are not hiring under 21 year olds, a chamber says.

from BBC News - Business https://ift.tt/rRgS0LJ

New Aslef overtime ban to cause further train disruption

Aslef drivers will refuse to work overtime for another six days, in addition to the current industrial action.

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

Wimbledon: Richard Curtis calls on championships to end Barclays sponsorship

Film director Richard Curtis says the bank is "financing and profiting from climate chaos".

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India Twitter ruling sparks free speech debate

A court has fined Twitter $61,000 for not complying with a government order to take down tweets.

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Elon Musk: Tesla delivers record number of cars after price cuts

The electric car maker has lowered prices of vehicles in countries including the US, UK and China.

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Twitter temporarily restricts tweets users can see Elon Musk announces

Elon Musk says verified accounts can read up to 10,000 posts a day while unverified ones are limited to 1,000.

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Energy prices might spike this winter - IEA boss

Governments may need to step in again and subsidise energy bills this winter says IEA boss.

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Water cremation: Co-op Funeralcare to be first UK company to offer resomation

The process, used in the US and Canada, will be available later this year through Co-op Funeralcare.

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Big Thames Water investor backs turnaround plans

One of the UK's largest pension funds is the first investor to come out and support Thames Water.

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Rail disruption warning due to six-day train drivers' overtime ban

Passengers are being advised to check services before they travel over the next few days.

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Shell still trading Russian gas despite pledge to stop

The firm is still shipping gas from Siberia despite its promise to withdraw from the Russian energy market.

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Hundreds of jobs at risk at Boots site in Nottingham

Owner Fareva says the effects of political unrest and Covid has had a negative impact on business.

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No free lunch for nationalisation of water firm says Lord Howard

Lord Howard led the privatisation of the UK's water industry more than 30 years ago.

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