Ukraine war: UK defence giant BAE Systems sets up local base

The firm says the move may allow it ultimately to produce light artillery inside Ukraine.

from BBC News - Business https://ift.tt/dCE2vYG

Is China's economy a 'ticking time bomb'?

The world's second largest economy faces deep-rooted challenges in the years ahead.

from BBC News - Business https://ift.tt/C2gFfme

Train strikes: When is the next action happening?

Members of the RMT rail workers' union and Aslef train drivers' union are set to strike again.

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

Wilko deal to buy firm and save jobs falls through

M2 Capital claimed its £90m offer would retain employees for two years but it failed to file paperwork.

from BBC News - Business https://ift.tt/1Ig2m9P

India's Adani Group stung by fresh controversy

A new report has alleged that the conglomerate used "opaque" funds in Mauritius to manipulate stock prices.

from BBC News - Business https://ift.tt/U6nE9T8

Pass AI law soon or risk falling behind, MPs warn

The commons technology committee urges new legislation for the UK to take lead on AI regulation.

from BBC News - Business https://ift.tt/TPVjr2G

Is India exporting food inflation to the world?

India is keeping domestic food prices in check with export bans - but what does this mean for the world?

from BBC News - Business https://ift.tt/9iJU8hx

How long until a robot is doing your chores?

Advances in AI are accelerating the development of humanoid robots.

from BBC News - Business https://ift.tt/c9pfTHg

M&S returns to FTSE 100 on food and clothes boost

The retailer returned to the FTSE 100 index of Britain's biggest listed companies on Wednesday.

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Mark Thompson: CNN appoints former BBC director general as chief executive

The British executive must rebuild the US news network after a series of crises and falling ratings.

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

Wilko: Warning warehouse staff face redundancy

Job cuts may resume on Thursday if the current bidder does not submit the necessary paperwork in time.

from BBC News - Business https://ift.tt/eLSVoQ5

Families worry over cancelled flight expense costs

Passengers are having to fork out for food, travel and accommodation, but are worried about costs.

from BBC News - Business https://ift.tt/ZwtMLs5

Brexit: EU-derived equal pay protections to be brought back

Women will keep the right to the same pay as men doing similar jobs in what Labour says is a government U-turn.

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

Burger King faces lawsuit claiming Whopper too small

The fast food giant is accused of making the burger appear larger on menus than it actually is.

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

Netflix: Streamers expansion into gaming is 'natural extension'

Streaming hits such as the Queen's Gambit are being adapted as games as the streamer looks to expand.

from BBC News - Business https://ift.tt/wSl1EXW

Scams impersonating financial regulator double

The Financial Conduct Authority says reports of scammers impersonating it have doubled.

from BBC News - Business https://ift.tt/zKph6dE

Network Rail axes bonuses for staff who went on strike

Network Rail has withheld bonuses from union members who took part in strike action during a pay dispute.

from BBC News - Business https://ift.tt/qN8kfeV

Ryanair says air traffic failure is not acceptable

Airline boss Michael O'Leary asks why there was no back-up system after glitch causes travel chaos.

from BBC News - Business https://ift.tt/Okb61Tj

Price rises in shops at lowest for nearly a year

The retail trade body, British Retail Consortium, says price rises are slowing but remain high.

from BBC News - Business https://ift.tt/iUmT0JW

Toyota halts all Japan assembly plants due to glitch

The world's largest car maker is investigating a system fault but says a cyber attack is unlikely.

from BBC News - Business https://ift.tt/L9u6hrG

Chevron: Workers at major Australia gas plants to strike

The Chevron plants account for over 5% of the world's liquefied natural gas production.

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

Why empty lorries are a problem and how to fix it

With one third of lorries in the UK driving empty, some hauliers are turning to technology for help.

from BBC News - Business https://ift.tt/B6Uqknp

What are my rights if my flight is cancelled or delayed?

Technical glitches may cause disruption at airports but passengers do have rights.

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

Flight delay warning after air traffic control fault

"Technical issue" hits UK air traffic control systems, with airlines warning of delays to flights

from BBC News - Business https://ift.tt/uMRPkS1

How robotaxis are dividing San Francisco

The city has become the crucible of an experiment - are robotaxis ready for the streets?

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

Help from 'Bank of Family' to buy homes rises

The so-called Bank of Mum and Dad has grown, with more than 300,000 home purchases set for 2023.

from BBC News - Business https://ift.tt/9Glc5S4

Morley's: The family-run chicken shop with cult status

Founded in 1985, Morley's has featured in music videos and counts the likes of Stormzy as loyal customers.

from BBC News - Business https://ift.tt/uKvtWU1

Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss

The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday.

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

Labour rules out wealth tax if party wins next election

Shadow chancellor Rachel Reeves says extra money for public services must come from economic growth.

from BBC News - Business https://ift.tt/HeMr3gb

Wilko: New bid emerges for stricken retail chain

A private equity firm makes a £90m bid for the business and pledges to retain all jobs for two years.

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

John Lewis joins M&S and Tesco in cutting price of period pants

The price of the garments will fall by the current rate of VAT at John Lewis and Waitrose next week.

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

Rail services across England hit as 20,000 staff begin strike

RMT members walk out over pay and working conditions, disrupting many people's bank holiday travel plans.

from BBC News - Business https://ift.tt/BJzm2h6

Crystal Bar vape giant deletes TikTok after giveaway with no age verification

UK's second-biggest vape company, Chinese-owned SKE, has since deleted some social media accounts.

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Kleenex is pulling out of Canada due to 'unique complexities'

Kimberly-Clark is pulling its consumer facial tissues from Canada, citing “unique complexities".

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

Former Co-operative Bank chairman Paul Flowers charged with fraud

Paul Flowers is due to face a charge of fraud by abuse of position between June 2016 and October 2017.

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

US faces more interest rate rises to cool inflation

Federal Reserve chairman Jerome Powell said the pace of price increases remained "too high".

from BBC News - Business https://ift.tt/ajdTyP3

Renters' rights violations to be investigated

The UK's competition authority said some landlords may not be following consumer protection rules.

from BBC News - Business https://ift.tt/VCBUTY2

Heineken sells off Russian beer business for €1

The lager-maker will take a huge loss on the division which, it said, had taken longer to jettison.

from BBC News - Business https://ift.tt/I8FL7at

Train strikes to hit major events like Reading and Leeds festivals

Visitors to the Reading and Leeds festivals and Notting Hill Carnival face disruption as rail workers walk out.

from BBC News - Business https://ift.tt/XoQEYC9

Wilko: Canadian investor in last-ditch talks over chain

Final offers to save the 90-year-old retail chain must be submitted by Friday.

from BBC News - Business https://ift.tt/4x2iAW0

US government sues Elon Musk's SpaceX over hiring policy

The US Department of Justice says rocket firm discriminated against refugees and asylum seekers.

from BBC News - Business https://ift.tt/1nTDX80

Mary Earps: Nike will sell 'limited quantities' of England World Cup goalkeeper shirts

England fans will be able to buy Mary Earps replica goalkeeper shirts after Nike say "limited quantities" would go on sale.

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

Subway agrees sale to Dunkin' and Baskin-Robbins owner Roark Capital

The sandwich maker has been bought by Roark Capital, ending six decades of family ownership.

from BBC News - Business https://ift.tt/Qmeh15Z

Gatwick Airport: Bank holiday strike threat off after pay deal agreed

The Unite union calls off industrial action by ground handlers after securing improved pay deals.

from BBC News - Business https://ift.tt/Pdqb3at

Paddington Bear stamps released by Royal Mail for 65th anniversary

The Peruvian bear was first seen in 1958 after featuring in the book A Bear Called Paddington.

from BBC News - Business https://ift.tt/sZXj1aY

Nvidia: artificial intelligence chip giant sees sales more than double

The California-based company dominates the market for chips used in artificial intelligence systems.

from BBC News - Business https://ift.tt/ec1srX5

Rising numbers seek help for energy bill debts, warns Citizens Advice

Citizens Advice says it has seen a 17% rise the number of people asking for help with gas and electricity bills.

from BBC News - Business https://ift.tt/iO1od6k

Post Office boss to return bonus after Horizon scandal

Nick Read says he will return all of his bonus after wrongful fraud accusations against postmasters.

from BBC News - Business https://ift.tt/O6orLsT

UK faces ‘heightened recession risks’ as interest rates bite

The UK economy is set to shrink between July and September and risks a downturn, a survey warns.

from BBC News - Business https://ift.tt/HCm7b4G

NatWest: Former boss set for £2.4m pay package after Farage scandal

It comes a month after Dame Alison Rose quit the bank over the closure of Nigel Farage's account.

from BBC News - Business https://ift.tt/N8uA4pq

Women's World Cup: Pubs say laws should be eased after final

Many pubs had to wait until the second half of Sunday's match to serve alcohol, an industry body says.

from BBC News - Business https://ift.tt/XOs1DcT

P&O Ferries to axe Liverpool to Dublin route

The firm says the route is being cut due to the unavailability of a berth at the Port of Liverpool.

from BBC News - Business https://ift.tt/A0upjkw

Getir delivery firm cuts more than a tenth of workforce

The Turkish rapid delivery service cuts 2,500 jobs after facing a backlash in many European cities.

from BBC News - Business https://ift.tt/vxMbsr1

Threads: Meta to launch web version of flagging Threads app

The tech giant says it is working to add new features after many early users drifted away.

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

Wilko shoppers warned to avoid fake websites

Several websites are purporting to offer heavily discounted goods, the firm's administrators warn.

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

Stonehaven crash: Network Rail to face fatal derailment charges

Three people died when a train hit a landslide after heavy rain near Stonehaven in 2020.

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

Former Bank of England boss to head Bloomberg board

The financial and media firm's product head Vlad Kliatchko was named as chief executive in the shakeup.

from BBC News - Business https://ift.tt/qHlDB3L

Domino's Pizza signals closure of Russian business

The franchise owner says it will place its Russian business into bankruptcy.

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

Renting now cheaper than first-time mortgages, says Zoopla

It is less expensive to rent than buy for the first time since 2010, but there are wide regional variations.

from BBC News - Business https://ift.tt/d9OEy2X

Car breakdowns due to potholes soar in rainy July

The AA saw call-outs jump with drivers reporting damage after wet weather hampered road repairs.

from BBC News - Business https://ift.tt/AfY0CMT

Morrisons' bras and pants carry NHS cancer check label

Underwear labels urge people to contact their GP if they spot symptoms of breast or testicular cancer.

from BBC News - Business https://ift.tt/Wj0O6lK

Pioneering wind-powered cargo ship sets sail

Inventors hope maiden voyage will help usher in new era of greener shipping.

from BBC News - Business https://ift.tt/TwV90Pq

China cuts key interest rate as recovery falters

The country's post-Covid recovery has been hit by a property crisis, falling exports and weak consumer spending.

from BBC News - Business https://ift.tt/QOzbf5t

Maiden Pharmaceuticals: Fury in The Gambia a year after cough syrup deaths

Grieving parents say regulators in both India and The Gambia failed their young children.

from BBC News - Business https://ift.tt/3BbUL6W

Holiday firms urge PM to allow watchdog to fine airlines

Travel companies would like to see extra powers given to the Civil Aviation Authority later this year.

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

Waitrose offers police free coffees to deter thieves

Waitrose and John Lewis are offering free hot drinks under the "Thanks a Latte" initiative.

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

Have airlines gone too far with their extra fees?

Airlines increasingly charge for perks like speedy booking and seat selection, but some passengers say the costs are too high

from BBC News - Business https://ift.tt/C01aEkM

Crazy Rich Agents: ‘I sell houses to billionaires but live with mum and dad’

Young luxury estate agents face pressure to succeed in BBC's Crazy Rich Agents.

from BBC News - Business https://ift.tt/17mow9h

WeWork: What went wrong for the much-hyped firm?

The office space-sharing company has raised "substantial doubt" about its future.

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

Twitter, now X, to remove blocking feature

Elon Musk says the feature "makes no sense", but users are concerned about protection from abuse.

from BBC News - Business https://ift.tt/2dC69By

Wonka: Sweet shop owner fined £10k for selling fake chocolate bars

Alan Price was told he was selling chocolate that posed an "imminent safety risk".

from BBC News - Business https://ift.tt/p6hU9B2

Blind man says Easyjet staff 'refused to help' him buy flights

Martin Conway says airline staff told him he must use an app to buy a flight but did not offer any help.

from BBC News - Business https://ift.tt/Q7I8suz

Energy bills predicted to drop in autumn

Ofgem is poised to announce a small cut in its price cap next week, according to an energy consultancy firm.

from BBC News - Business https://ift.tt/csM4mdQ

Shop sales drop in July as rain dampens demand

Retail sales fell by 1.2% following the poor weather with clothing sales proving a washout.

from BBC News - Business https://ift.tt/Xbpy8Ht

Evergrande: China property giant files for bankruptcy in US

The move comes as fears grow over problems in the world's second largest economy.

from BBC News - Business https://ift.tt/SVGlsr4

Buckingham Group construction company on brink of collapse

Buckingham Group, which has worked on HS2 and at Anfield, blames "extreme inflation" for losses.

from BBC News - Business https://ift.tt/COQTI7u

Fine threat if banks fail to provide access to cash

The Treasury sets a minimum distance of three miles, or one mile in urban areas, for free cash withdrawal services.

from BBC News - Business https://ift.tt/wyt6eco

DJ Khaled and Snipes: Why fashion brands are putting celebrities in charge

Celebrities are winning jobs at the top of luxury fashion firms - but what can they really contribute?

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

After McDonald's, Burger King India drops tomatoes from its menu

Prices of essentials like tomatoes have skyrocketed in India in recent months.

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

Singapore seizes $735m of assets in anti-money laundering probe

The raids are part of one of the city-state's biggest ever anti-money laundering investigations.

from BBC News - Business https://ift.tt/WK0PZoD

Target sales suffer after Pride month backlash

Boss Brian Cornell says firm will apply what it had "learned" from the controversy.

from BBC News - Business https://ift.tt/ojv25Rx

Jaguar Land Rover to create 300 new jobs in West Midlands

The roles will be used to support the increased production of Range Rovers and new electric vehicles.

from BBC News - Business https://ift.tt/pvLR7XG

Admiral car insurance loses thousands of customers

The car insurer has lost many customers on the back of steep price rises and a jump in vehicle repair costs.

from BBC News - Business https://ift.tt/3D5bIQC

UK rent rises at the highest rate seen for years

Prices paid by UK renters rose by 5.3% on average in the year to July - the highest level seen since 2016.

from BBC News - Business https://ift.tt/R1i5UHk

Bank of Ireland warning over cash machine glitch reports

The glitch reportedly allows people to withdraw large sums regardless of what is in their account.

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

How Argentina learned to love the US dollar

Stuffing your greenbacks into the "mattress bank" is a way of life for many Argentines.

from BBC News - Business https://ift.tt/PvoWYx4

Firm regrets taking Facebook moderation work

The chief executive of Sama says it will no longer take work involving moderating harmful content.

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

Rail fares in England to rise below inflation again in 2024

Fare increases in 2024 will again be held below the rate of inflation, says government.

from BBC News - Business https://ift.tt/Yot3A6Z

Monzo on top of banking satisfaction rankings

Although its score has dropped, the challenger bank leads a regulator's banking league table.

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

Interest-only mortgages: Warning against over-optimism in clearing debts

Some people do not realise they might not be able to clear their final debt, research suggests.

from BBC News - Business https://ift.tt/D8ePpCc

Petrol prices: Why are they going back up?

Motoring organisations warn price rises will pile pressure on families and small businesses.

from BBC News - Business https://ift.tt/bJHV8j2

Ethnic minority workers in insecure jobs up 132% since 2011

New data shows the number of white people working in insecure jobs rose by a much smaller amount.

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

Wilko: Bidders given Wednesday deadline for rescue offers

The cash-strapped homewares chain has collapsed into administration and put 12,500 jobs at risk.

from BBC News - Business https://ift.tt/RbcBq9H

Russian rouble falls to 16-month low against US dollar

The currency has been hit by rising imports and higher military spending for the Ukraine war.

from BBC News - Business https://ift.tt/GbNzh4l

Train strikes: When is the next action happening?

Members of the RMT rail workers union are set to strike again in August.

from BBC News - Business https://ift.tt/UtbLHn3

Pay: Firms fight back with counteroffers to keep staff

A survey finds companies are willing to match or better new job offers but risk fuelling inflation.

from BBC News - Business https://ift.tt/NOmg1Zr

Frome declares housing crisis as rents soar out of reach

People in a popular Somerset town are trying to draw attention to a shortage of affordable housing.

from BBC News - Business https://ift.tt/5ve2IBY

L’Occitane shares jump as controlling shareholder mulls buyout

The company has said its controlling shareholder is contemplating a potential deal to take it private.

from BBC News - Business https://ift.tt/jdfYQ6H

Zuckerberg says Musk 'not serious' about cage fight

Doubt hangs over the billionaires' fight plans, but Musk suggests he is open to a bout on Monday.

from BBC News - Business https://ift.tt/b6QZhcP

Pub takeaway drinks rules to be continued

Landlords in England and Wales will be able to continue selling takeaway drinks through hatches under Covid-era rules.

from BBC News - Business https://ift.tt/ziWEa7P

Mortgage rates are falling but don't celebrate yet

A number of lenders are cutting rates but experts say it may be too early to call it a turning point.

from BBC News - Business https://ift.tt/4kQ12tw

Why US tech giants are threatening to quit the UK

Some tech giants feel they might have reached a "tipping point" due to new legislation.

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

Fake meat: As Beyond Meat sales fall, have we had our fill?

Fast food supplier Beyond Meat has seen its sales fall - but is it cost, taste or nutrition that is putting people off?

from BBC News - Business https://ift.tt/iQo9ZBu

Amazon releases some seller funds after complaints

Amazon withheld some seller takings temporarily but is releasing them after some businesses came close to collapse.

from BBC News - Business https://ift.tt/pBLJt7r

Amazon asked by minister to justify temporarily withholding sellers' funds

The government told Amazon UK to explain how it intends to help sellers whose money it is withholding.

from BBC News - Business https://ift.tt/nTP5dz1

Italy could host Musk v Zuckerberg cage fight

The culture minister says he has spoken to the X boss about hosting the showdown as a charity event.

from BBC News - Business https://ift.tt/bdufi4y

What's next for Wilko and its 12,500 workers?

The retailer is in administration but that doesn't necessarily mean it will disappear from the High Street.

from BBC News - Business https://ift.tt/n62HcG3

Robotaxi expansion gets green light in San Francisco

Companies hailed the moment as a milestone for the driverless car industry, despite safety concerns.

from BBC News - Business https://ift.tt/zb40Y8t

Train strikes: RMT union announces new weekend walk-outs

About 20,000 members will take strike action on 26 August and 2 September over pay and conditions.

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

Versace's owner to be taken over in $8.5bn deal

Tapestry, which owns Coach, is creating a US luxury conglomerate in the same vein as France's giants.

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

Is AI a threat to the world of fabric design?

You can now ask an artificial intelligence system to design you a fabric pattern and get it printed.

from BBC News - Business https://ift.tt/281rATt

Wegovy weight-loss drugmaker sees profits soar

Danish drugmaker Novo Nordisk said it was seeing "more patients than ever before".

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

First businesses move into Liverpool's £1 shops scheme

A row of Liverpool shops once earmarked for demolition are rented out for £1 to boost the area.

from BBC News - Business https://ift.tt/EgPJz1S

Owner of Yorkshire Post eyes Telegraph newspaper

National World, which also owns the Scotsman and other regional titles, says it is interested in buying the paper.

from BBC News - Business https://ift.tt/s1VUGRb

Booking.com: Accommodation hosts go unpaid by travel firm

Mark Winship says he has not been paid since June and is owed about £50,000 by the travel firm.

from BBC News - Business https://ift.tt/UKP26p4

Wilko collapses into administration putting 12,000 jobs at risk

The High Street homeware retailer has been unable to find a rescuer for its 400 stores.

from BBC News - Business https://ift.tt/U1dvfGW

Minister defends safety law on messaging apps

Tech Secretary insists technology is in development to access illegal content without breaking encryption.

from BBC News - Business https://ift.tt/w7vgzIA

US to bar and screen some tech investments in China

The move gives the government new oversight over foreign dealings by private firms.

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

How safe is my data after a hack or leak?

With various instances of private data being accessed, what can you do to keep your info secure?

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

Struggling Wilko suspends home delivery orders

The High Street retailer faces collapse if it cannot secure fresh investment by next week.

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

This Morning: ITV employees allege toxic culture following Schofield exit

The House of Commons media committee says there are claims of harassment, bullying and discrimination.

from BBC News - Business https://ift.tt/DJnv1sI

TUI: Heatwaves likely to affect where and when we holiday

The tour operator says climate change could affect where and when people choose to go on holiday.

from BBC News - Business https://ift.tt/hOf86zR

Facebook's spread not linked to psychological harm, study finds

A study found no evidence the platform's growth across 72 countries harmed wellbeing.

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

Onlyfans, Twitch and Snapchat rules 'impenetrable'

Ofcom says popular platforms' terms of service are very long and difficult to understand.

from BBC News - Business https://ift.tt/Tzhd3Fb

Italian banks hit with surprise windfall tax

The potential one-off tax on the profits banks earn from higher interest rates has seen shares plummet.

from BBC News - Business https://ift.tt/Yc7g10t

Lithium firm secures initial £53m from investors

The government says the funding will support "the UK’s critical minerals supply chain".

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

Premium Bonds: Chances rise of winning leading prizes

National Savings and Investments is the latest provider to make savings deals more attractive.

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

China exports see biggest drop for three years

Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.

from BBC News - Business https://ift.tt/WX8aRyi

Cost of living: Beyond Meat hit as shoppers shift to cheaper animal protein

The firm's sales fell 30.5% as the rising cost of living pushed shoppers to buy cheaper animal protein.

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

Wet weather dampened clothing sales in July

UK retail sales growth slowed to 1.5% in July after rain put shoppers off buying summery items.

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

Britishvolt buyer hasn't made final payment, administrators say

A deal to buy the failed battery firm now looks uncertain after the final payment was missed.

from BBC News - Business https://ift.tt/47PQ18C

Even Zoom is cutting remote work policies

The company says staff living near offices should work in person at least twice a week.

from BBC News - Business https://ift.tt/XjvzH1n

HSBC executive sorry for saying UK 'weak' over China

Sir Sherard Cowper-Coles' comments come as US-China ties have become increasingly tense in recent years.

from BBC News - Business https://ift.tt/GAqWp4y

Devastating wildfires spur new detection systems

Firms are using AI, drones and satellite tech to help detect and suppress wildfires.

from BBC News - Business https://ift.tt/v4pMKZc

Starbucks Vietnam: Why the US chain cannot crack a coffee-loving nation

The verdict is clear: Vietnamese people love coffee, but they don’t really seem to like Starbucks.

from BBC News - Business https://ift.tt/iKgZ2E5

Fines hiked for firms employing illegal migrants

Companies who repeatedly employ illegal migrants face fines up to £60,000 per breach under new rules.

from BBC News - Business https://ift.tt/pOVg0xu

Barbie film hits $1bn mark at global box office

The pink-hued film has drawn in $1.03bn around the world, according to distributor Warner Bros.

from BBC News - Business https://ift.tt/9IwZKej

Virgin Atlantic pilots consider strike over fatigue

Members of the Balpa union have "serious concerns" over schedules put in place during Covid.

from BBC News - Business https://ift.tt/Z38BLhw

Clintons set to close around a fifth of its shops

The greeting cards firm is reportedly facing financial difficulties and its third rescue since 2012.

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

Elon Musk says X will fund legal bills if users treated unfairly by bosses

Elon Musk says X will support those treated "unfairly" by bosses due to behaviour on Twitter - now X.

from BBC News - Business https://ift.tt/X6xLZlF

Inflation: Should we trust the Bank of England's forecasts?

The Bank of England says inflation could fall to around 5% by Christmas - how reliable is that?

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

Travel disruption set to worsen with climate change, warns government adviser

The UK must invest in rail and road networks or accept more extreme weather disruption, a government advisor says.

from BBC News - Business https://ift.tt/9AUai62

US jobs market holds steady despite rate rises

Employers added 187,000 jobs in July and the unemployment rate was 3.5%.

from BBC News - Business https://ift.tt/MUgYW79

British Airways workers to get 13% pay rise

Around 24,000 staff will get a pay increase and one-off payment of £1,000, the Unite union says.

from BBC News - Business https://ift.tt/0zt8pFX

Jeremy Hunt asks regulator to examine extent of debanking

Chancellor asks watchdog to speed up probe into whether bank accounts are being closed for political views.

from BBC News - Business https://ift.tt/8vE9C0J

Julien Macdonald: Welsh fashion designer's firm goes into liquidation

The Welsh fashion designer is a globally renowned name and dressed stars like Beyoncé and J-Lo.

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

Hyundai fire risk warning as 91,000 vehicles recalled

The recall is the latest in a series of fire-related recalls of Hyundai and Kia models in recent years.

from BBC News - Business https://ift.tt/9xEVT5A

What has gone wrong at Wilko?

The discount retailer was founded in 1930 but has faced a raft of problems in recent years.

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

Amazon online sales improve despite economy fears

The firm said more efficient deliveries helped boost sales and profits in the three months to June.

from BBC News - Business https://ift.tt/E6ZA7hC

Bud Light boycott over trans influencer Dylan Mulvaney hits beer giant's sales

But performance by parent company AB/Inbev holds up better than expected.

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

Rosebank: MPs and peers urge Grant Shapps to block new oil field

Fifty MPs and peers from all major parties write to the energy secretary to demand a rethink.

from BBC News - Business https://ift.tt/Xp0WgVe

UK interest rates to stay higher for longer, Bank of England says

The Bank of England's comments come as it announces another rise in rates to 5.25% from 5%.

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Wilko homeware chain on brink of collapse

The retailer says it is facing collapse because of mounting cost pressures at its 400 UK stores.

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Post-Brexit import checks on food delayed again

Concerns over impact on prices has led to another delay on checks for food coming in from the EU.

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Shopping: John Lewis staff use bodycams to deter thieves

A shop worker says he saw a man take a bin bag out of his pocket, fill it up, and try to walk out.

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UK interest rates expected to rise for 14th time in a row

The Bank of England is widely expected to raise rates as it battles to slow soaring prices.

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Mattel toy firm hunts for £3,500 a week chief Uno player

The successful applicant could get paid more than $17,000 for four weeks of work in New York.

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Etsy u-turn in row over withholding seller's money

The online marketplace faced calls from sellers to boycott its site over money being held in reserve.

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Ministers to speed up delivery of new power lines for clean energy

Grant Shapps is set to unveil plans to build more pylons and power lines for clean energy.

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Petrol price rises prompt fears of higher costs

The latest rise in prices at the pumps is due to the cost of oil, a key ingredient in fuel, increasing.

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Housebuilder sees rise in 36-year mortgages

More Taylor Wimpey customers are taking longer mortgages to make monthly repayments more affordable, providers say.

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X Corp sues anti-hate campaigners over Twitter research

The firm behind X, as Twitter is now known, is suing the Center for Countering Digital Hate

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Rishi Sunak heckled by angry publican over alcohol tax

The prime minister was challenged about changes that will see alcohol duty rise overall.

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UK to keep EU safety mark in post-Brexit climbdown

It means goods sold in Great Britain will not have to apply the new UK-only product safety mark.

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Elon Musk to be billed for unauthorised flashing X sign

X, formerly known as Twitter, has had to remove the sign on its HQ and will have to pay associated costs.

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