Wednesday, July 31, 2019
Trump tariffs 'not hitting Chinese economy'
The US President's former chief economic adviser Gary Cohn says the trade war affects the US more than China.
US accuses Chinese billionaire of evading $1.8bn in tariffs
Liu Zhongtian is alleged to have been part of a complex scheme to smuggle aluminium into the US.
VG Siddhartha: The man who brought coffee culture to India
The death of coffee chain owner VG Siddhartha has sent shockwaves through India's business community.
No-deal Brexit plans to get £2.1bn boost
Measures to beef up border security and stockpile medicines are among the preparations being funded.
'No room' for excess meat in no-deal Brexit
Plans to buy up thousands of tonnes of unsold lamb in the event of a no-deal Brexit could be unworkable, Newsnight learns.
US interest rates cut for first time in a decade
The Federal Reserve cuts rates by a quarter of a percentage point in a widely expected move.
Burger King beard ban scrapped in Catalonia
Inspectors decided that banning workers from having beards violated their constitutional rights.
Private college goes bust and will stop teaching
GSM London, a college with 3,500 students, is to stop teaching from September.
Ryanair boss warns as many as 900 jobs could be at risk
Michael O’Leary tells staff the Irish airline has too many pilots and flight attendants.
British Airways pilots set for summer strike
Pilots win court battle in dispute over pay, paving the way for possible industrial action.
Former Audi boss charged in VW dieselgate scandal
Germany has charged Rupert Stadler with fraud over the VW emissions cheating scandal.
Older owners 'stay put' in family homes, says Nationwide
Homeowners aged 55 to 64 have typically lived in their homes for more than 17 years.
Consumers 'more upbeat' about finances despite Brexit
Market research firm GfK says people are feeling more upbeat, but this could change as Brexit nears.
Pregnant Jemma Lucy's 'irresponsible' Instagram post banned
The Advertising Standards Authority banned reality star's ad for making claims about weight loss.
Ladbrokes Coral fined after customer lost £98,000
Gambling Commission censures betting giant after customer spent £1.5m in three years without checks.
Lloyds now receiving over 190,000 PPI queries a week
Lloyds Banking Group reveals £1.1bn has been put aside for PPI claims as the deadline approaches.
Tuesday, July 30, 2019
Samsung profits tumble as it warns of 'challenges' ahead
It comes as a trade row between Seoul and Tokyo creates fresh uncertainty for the electronics giant.
VG Siddhartha: Cafe Coffee Day tycoon's body found
VG Siddhartha, founder and owner of popular Indian chain Cafe Coffee Day, went missing on Monday.
Does the US economy need a rate cut?
The Federal Reserve is expected to cut interest rates for the first time since 2008 on Wednesday.
Car industry investment suffers 'precipitous' decline
It comes at a time when the sector has been spending heavily on preparations for a no-deal Brexit
Genetic testing: What secrets could it reveal about you?
Genome sequencing projects around the world are revealing promising new health insights.
'Always have a Plan B, it may be better than your Plan A'
"Always have a Plan B, it may be better than your Plan A" says spinning studios boss Melanie Whelan.
Apple sales rise while iPhone revenues dip
Third quarter sales rose 1% to $53.8bn, but net profit dropped 13% to $10bn.
Greggs to trial late-night opening hours
The trial comes as the chain reports rising sales and profits, helped by its vegan sausage roll.
Mini toiletries to be removed from Holiday Inn owner's hotels
The IHG hotel group is replacing small bottles with bulk dispensers for environmental reasons.
Harland and Wolff workers continue protest through night
Harland and Wolff workers say they have a rota to ensure their protest continues around the clock.
Engineering giant Weir Group sees profits and orders rise
The rise comes after Glasgow-based Weir Group made a big move into global mining.
Pound falls lower on no-deal Brexit prospect
Sterling continues to drop against the dollar and euro amid the government's toughened stance on Brexit.
Centrica chief executive Iain Conn to step down
Centrica chief executive Iain Conn is to leave the firm as it reports a loss and cuts its dividend.
Giffgaff fined £1.4m for overcharging mobile customers
Regulator Ofcom says "unacceptable" mistakes affected 2.6 million customers of the mobile phone group.
Huawei sees trouble ahead despite revenue rise
The Chinese tech giant has been under global scrutiny for allegedly posing a security risk.
Monday, July 29, 2019
Grindr: Chinese parent company plans to list gay dating app
Grindr's Chinese owner said US authorities no longer object to a public listing of the gay dating app.
VG Siddhartha: Cafe Coffee Day owner goes missing near river
The founder-owner of popular Indian chain Cafe Coffee Day, VG Siddhartha, went missing near a river.
Capital One data breach: Arrest after details of 100m US individuals stolen
The hacker gained access to individuals' date of birth, addresses and phone numbers.
Why the huge appetite for Just Eat?
A proposed £8.2bn deal from Takeaway.com could mean we order a side of nappies with our curry.
'He liked my spirit, and approved my visa on the spot'
How technology boss Vik Verma was able to get a visa to emigrate to the US and make a fortune in business.
Dark web criminal bought 'quadrillions of Zimbabwe bank notes'
Richard Castro used part of his proceeds to buy Zimbabwe's defunct currency.
TikTok owner ByteDance developing smartphone
Chinese social media company ByteDance has made a deal with device-maker Smartisan to develop a smartphone.
Pound sinks to 28-month low on Brexit fears
The currency could fall further as the government toughens its rhetoric on a no-deal Brexit.
Woodford flagship fund set to stay locked until December
Mr Woodford tells investors he is sorry for the "frustration, inconvenience and anxiety" caused.
Scotland's largest offshore wind farm officially opened
Prince Charles visited the offices of the Beatrice Offshore wind farm to officially open the project.
Airbnb host fined £100,000 for letting council flat
A council tenant used a fake identity to rent out his central London flat to tourists on Airbnb.
Brexit: What would no deal mean for Ireland?
The Irish government has been clear that it would face significant damage if there was no agreement.
Just Eat agrees to combine with Takeaway.com in £8.2bn deal
The combination with Takeaway.com is set to create one of the world's largest food delivery firms.
Ryanair hit by air fare battle and Brexit uncertainty
The airline reports a sharp fall in profits as it is forced to cut fares to drive up passenger numbers.
Sunday, July 28, 2019
Work on production line of Boeing 737 Max ‘not adequately funded’
Boeing is making billions from the 737 Max but an ex-engineer says production resources were lacking.
US teenager wins $3m as Fortnite world champion
It is the largest prize pool in the history of e-sports, with $30m shared amongst the winners.
Vauxhall owner could move Astra production 'from UK'
The move would probably lead to the closure of the site, the FT said, threatening 1,000 jobs.
Are speed limiters the best way to reduce road deaths?
Intelligent speed assistance systems could reduce accidents and speeding fines, but do they work?
Business lobby group CBI says UK not ready for no-deal Brexit
The CBI publishes practical steps it says the UK, EU and firms can take in the run up to 31 October.
Holidays that close the generation gap
Whether people are holidaying at home or abroad, multi-generational holidays are on the rise.
Tips for making it big in the music industry
If you want to take the pop world by storm, this is the best of times and the worst of times to try.
My £70,,000 debt due to 'wrong kind of loan'
Kelly Finlaw still owes $88k - despite being told her loan would be paid off 10 years after graduating.
No-deal Brexit now 'assumed' by government, says Gove
Michael Gove says he expects the EU will not consider striking a new withdrawal deal with the UK.
Old £1 coins: 145 million coins still not returned
Nearly two years after they stopped being legal tender, 145 million old-style £1 coins are still missing.
Saturday, July 27, 2019
Just Eat in merger talks with Dutch company Takeaway.com
Based on current market value, Just Eat and Takeaway.com would have combined worth of roughly £9bn.
Noel Edmonds reaches compensation deal with Lloyds over scam
The TV star says his former business was destroyed in a banking scam a decade ago.
Friday, July 26, 2019
No-deal Brexit 'threatens' UK science industry, says Wellcome Trust
Wellcome Trust chair warns Boris Johnson that Britain will lose out if it "amputates" the EU.
Direct debit fraud: 'My mother lost £14,000'
A charity warns that the elderly and vulnerable are most at risk of becoming victims of direct debit fraud.
Sports Direct regrets House of Fraser rescue
The retailer outlines problems at the department store, as its delayed results reveal a €674m tax bill.
Trump threatens tariffs against 'foolish' Macron
The US president hints he will retaliate against a French digital tax by imposing duty on French wine.
US economic growth slows below Trump target
The economy grew less than previously thought in 2018, missing the US President's target of 3%.
Ofcom fines Russian news service £200,000 over impartiality
The broadcasting regulator says RT breached impartiality rules in several news and current affairs programmes.
Creating jobs for India’s transgender community
Laxmi Narayan Tripathi has just launched a start-up creating jobs for India’s transgender community.
Three to give customers 5G at 'no extra cost'
The mobile network promises "completely unrestricted" 5G when it launches in August.
Californian and carmakers agree emissions deal despite Trump rules
California and four firms reach a fuel-efficiency deal despite a White House drive to relax rules.
'New cars are a headache,' says retiring Bedford mechanic, 80
Alan Filby is handing the business over to his son but will still pop in to help.
Delay as Sports Direct 'still finalising' results
One analyst calls events "an utter shambles" as Mike Ashley's firm fails to publish its results on time.
Thursday, July 25, 2019
British Airways to resume Cairo flights after security review
The airline suspended flights to the Egyptian capital last week as a "security precaution".
UK delays no-deal medicine transport contract
The government has pushed back a deadline for a medicine supply contract by more than seven weeks.
Could the biblical practice of gleaning cut food waste?
Could volunteer harvesters picking what's left in the ground by modern farming help cut food waste?
How the metal detector became a million dollar idea
The BBC's Aaron Heslehurst explains how the metal detector became a million dollar idea.
Alphabet and Amazon rake in higher revenues
The tech giants have both reported around 20% growth in revenues as regulators scrutinise market dominance.
Sonia Rykiel fashion label folds
The French fashion house famous for its striped sweaters has gone into liquidation.
European Central Bank opens door to interest rate cut
The euro slips after the European Central Bank asks staff to prepare options for more policy easing.
Facebook 'rocked to its very foundations', says Clegg
Sir Nick Clegg, in a BBC interview, says the firm was deeply affected by the Cambridge Analytica scandal.
Are your old trainers worth thousands of pounds?
As a pair of 1972 Nike trainers sells for more than £350,000, we ask what makes a collectable shoe.
Nissan to cut 12,500 jobs worldwide
The Japanese car giant says it will make 10% fewer cars by the end of 2022.
Sajid Javid: What should we expect from new chancellor?
Sajid Javid is a former banker and the son of a bus driver, so which way will he steer the economy?
Do Boris Johnson's tax and spending plans add up?
Boris Johnson pledged big tax cuts and spending increases during his leadership campaign.
Wednesday, July 24, 2019
Boeing warns it may stop 737 Max production
Planemaker Boeing reports a $3bn loss because of the 737 Max crisis as it mulls halting production.
O2 to launch 5G network in UK in October
It will be the last of the UK's four 5G networks to launch, and the only one not to use Huawei kit.
Samsung Galaxy Fold 'ready' for launch after screen fix
The firm delayed the release of its folding device after early reviewers reported broken screens.
Nissan workers braced for job cuts
The Japanese car giant could announce more than 10,000 job losses on Thursday, reports say.
Virgin Media pledges gigabit broadband to millions of homes
The broadband provider aims to deliver gigabit speeds to 15 million homes by the end of 2021.
CEO Secrets: The boss who set up the 'black LinkedIn'
Meet the young businesswoman making it easier for young black professionals to network.
Metro Bank to replace Vernon Hill as profits dive
The challenger bank will appoint a new chairman after an accounting failure shook confidence in his leadership.
Facebook to pay record $5bn to settle privacy concerns
Social network must also establish an independent privacy committee that Mark Zuckerberg cannot control.
Will the US break up the tech giants?
The US Department of Justice has launched a probe into the dominance of major tech companies.
Aston Martin: Shares dive as firm slashes sales forecasts
The luxury carmaker says it will sell fewer cars this year because of weaker demand in Europe.
Unite calls off Heathrow strikes set for late July
Strikes over pay by 4,000 staff on 26 and 27 July have been called off for a vote on a new pay offer.
Forever 21 accused of 'fat shaming' over diet bars
Forever 21 has been criticised on social media for sending customers free diet bars with orders.
Manchester City and Nissan extend sponsorship deal
Nissan will be the official auto partner to City Football Group teams in the UK, US and Australia.
Rare Nike trainers sell for more than £350,000
Historic 1970s running shoes smash their expected selling price at auction in New York.
Tuesday, July 23, 2019
Love Island goes to two series a year in 2020
ITV reports falling profits and advertising revenues as it announces more series of hit Love Island.
Alibaba opens door to US sellers on its oldest platform
Helping US merchants access its platform will help Alibaba.com compete against the likes of Amazon.
Government accused of prolonging UK housing crisis
The government has failed to sell enough land to meet its targets for affordable and social housing, MPs say.
The horrific consequences of rubber's toxic past
The appalling treatment of Congo's rubber workers led to the world's first photographic human rights campaign.
Technology giants' power to be probed in US
Firms like Facebook, Google, Amazon and Apple will be scrutinised in a Department of Justice probe.
Will Ford's new truck persuade people to go electric
Ford has released a video showing a mock up of its all electric version of the US's best-selling vehicle.
Sizewell C: Public asked to part fund nuclear power plant
All UK electricity customers could have to pay upfront through bills to help build Sizewell C.
Global growth forecast cut by IMF amid trade tensions
The Fund says growth "remains subdued", and trade and technology tensions need to be reduced.
UK hemp farm could lose £200,000 in crop destruction
Home Office revokes the farm's licence to grow hemp, although it is appealing against the decision.
Huawei cuts jobs at US unit after trade clampdown
The job losses at the Chinese firm's research arm come after Huawei was added to a US trade blacklist.
Monday, July 22, 2019
Employment tribunals: 'I sued my boss and won'
Charlotte Loubser is one of an increasing number of people making claims against their former employers.
Could Iran tensions push up petrol prices?
Oil and petrol prices have only risen modestly because of the crisis in the Gulf, but that could change.
How Japan's trade row with South Korea could hit tech supplies
A trade row between Japan and South Korea could pose a threat to supplies of smartphones and devices.
Should robots ever look like us?
Some think humanoid robots will be easier to interact with, but others think we'll find them creepy.
'I kept my multimillion dollar business secret'
Young entrepreneur Marcin Kleczynski secretly ran his business Malwarebytes from his college dormitory.
What's the best way to stay awake in meetings?
Most of us have experienced meeting-induced drowsiness - here are six tips to beating it.
Huawei: Government decision on 5G rollout delayed
The implication of the recent US ban on its companies from dealing with Huawei was not clear, the government says.
BA pilots vote in favour of strike action over key summer period
The British Airline Pilots' Association says 93% of its members have voted in favour of industrial action.
Brexit harming UK industrial strategy, warns top economist
Deadlock means "not as much other stuff has happened as might," says the Bank of England's Andy Haldane.
Volvo recalls 70,000 cars in the UK over fire risk
The car maker says a plastic engine part can in "very rare cases" melt and cause a fire.
Government offers 'inflation-busting' pay rises
Police and other public sector workers will get increases above the 2% inflation rate.
Equifax to pay up to $700m to settle data breach
The credit score agency has agreed a settlement after hackers stole 147 million people's details.
Avengers: Endgame overtakes Avatar as top box office movie of all time
The superheroes defeat the aliens as Avengers: Endgame becomes the highest-grossing film ever.
Three resists watchdog's call for 'fairer' mobile phone fees
Ofcom had called on networks to automatically cut prices for out-of-contract mobile subscribers.
Musk and Bezos: The Silicon Valley space race
The battle between two billionaires vying to take us to the Moon and beyond.
Aid budget to be used by International Trade Department
Part of the £14bn aid budget will be spent by Liam Fox's Department for International Trade.
Sunday, July 21, 2019
China's new Nasdaq-style board begins trading
The so-called Star market marks a significant step in China's ambition to open its economy and markets.
Danger tumble dryers: 'I'm sorry' says Whirlpool executive
A full recall of remaining fire-prone dryers is launched, four years after the safety issue first emerged.
Body-worn cameras to be compulsory for bailiffs
The government says the move will help tackle "intimidation and aggression" used by some bailiffs.
Avengers: Endgame set to pass Avatar as top box office movie
The Marvel sequel's weekend take is set to push it past James Cameron's $2,789.7bn-grossing epic.
Philip Hammond plans to quit if Johnson becomes PM
Philip Hammond tells the BBC he plans to resign when Theresa May leaves office next week.
Renters may get access to rogue landlord database
Prospective tenants would be able to check if their landlord has convictions, under government plans.
The dos and don'ts of getting a pay rise
You deserve more money but how do you go about getting it, and what should you do - or not do?
NDAs: New laws to crack down on 'gagging' clauses
A ban will be placed on NDAs that stop people speaking to police, doctors or lawyers, ministers say.
Friday, July 19, 2019
Algae bio-curtains: Architects' radical solution to capture carbon
Scientists and architects in London have developed 'bio-curtains' to act as an alternative to urban trees.
HS2: Costs review 'ongoing' amid reported £30bn overrun
The boss of the new high-speed rail link has reportedly warned the project will exceed its £56bn budget.
Pound sterling: 5 holiday destinations where a weak pound still goes far
The pound may be falling, but there are still plenty of places it goes a long way. We look at five.
Car parts from weeds: The future of green motoring?
The motor industry is trying to reduce its carbon footprint in a number of innovative ways.
Iran 'seizes British-flagged oil tanker'
A British-flagged oil tanker has been seized in the Gulf by Iranian Revolutionary Guard, Iran media say.
Workers could get compensated for cancelled shifts
The plan is part of a package of measures aimed at improving the rights of low-paid flexible workers.
Tesco raises prices on 1,000 products
The retail giant says it held off raising prices for as long as it could, and insists it is still competitive.
Housing market: What are rent controls?
A simple look at how rent controls work and how effective they are.
YouTube: 'We don't take you down the rabbit hole'
In his first interview, YouTube's UK managing director defends the platform's algorithms.
MPs and taxpayers on retrospective loan charge payments
Anger is growing among taxpayers facing large demands from HMRC over their loan charge repayments.
Government borrowing in June highest since 2015
Higher debt interest payments and increased spending on services contributed to a sharp rise in borrowing.
Would this burger tempt you to eat meat?
Two BBC presenters put Impossible Foods' meat-free burger to the taste test. How does it shape up?
How the doughnut became a million dollar idea
The BBC's Aaron Heslehurst explains how the doughnut became a million dollar idea.
Crossrail costs will continue to climb, MPs say
Commuters have been "let down by a programme that is well behind schedule", a committee of MPs says.
BritBox: BBC and ITV set out plans for new streaming service
Shows like Love Island, Gavin & Stacey and Broadchurch will be on the BBC and ITV's streaming service.
Public sector workers 'to get £2bn pay rise'
Soldiers, teachers and police officers are reportedly getting their biggest rise in six years.
NZ Rugby cancels 'fraudulent' All Blacks match tickets
The sport's governing body in New Zealand said the tickets had been re-sold on the secondary market.
Thursday, July 18, 2019
Luxury goods join Hong Kong retail slump as protests bite
Retailers and hotels are among the firms seeing business hit by ongoing protests in Hong Kong.
Boeing takes $5bn hit over grounding of 737 Max
The charge will wipe out profits, but Boeing says it hopes the aircraft will resume flying this year.
No-fault eviction ban will hurt tenants, landlords say
A plan to ban section 21 notices - sometimes called revenge evictions - will backfire, say landlords.
Should I offset my summer holiday flights?
As more of us worry about our carbon emissions, how can you offset your air travel?
The Worcester high street that's come back to life
From a Balkan breakfast to knitting - traders are diversifying to try to buck the trend of falling sales in the high street.
Circle K stores ditch 'Secretary Day' condom offer
The ad urged shoppers to surprise female secretaries with a gift of a wine, chocolate and condoms.
'My $19 Uber ride cost 100 times that'
Passengers reportedly paid 100 times more than they should have after Uber's payments system goes awry.
No-deal Brexit will cause UK recession, says fiscal watchdog
The Office for Budget Responsibility said the economy would shrink 2% if the UK leaves without a deal.
Asos shares slump as it warns on profits
The online fashion giant says sales growth has been held back by warehouse problems in the US and Europe.
Water bills set to be cut by £50 over five years
The regulator says water firms must also invest billions more in improving services between 2020 and 2025.
Wednesday, July 17, 2019
Instagram hides likes count in international test 'to remove pressure'
The number of likes is a measure of how well content is doing on the social media platform.
Electric car models to triple in Europe by 2021
An EU transport body says the range of electric car models available to consumers is getting better.
Worker retraining trial to start in Liverpool
The government launches a scheme to retrain workers whose jobs may vanish because of automation.
The CubeSat revolution changing the way we see the world
Small, cheap satellites can help us track pollution, crop yields and congestion like never before.
Netflix shares sink 10% as subscriber take-up slows
The video streaming pioneer blamed price rises for adding fewer paid subscribers than hoped.
Auction of rare sneakers nets more than $850,000
The first major auction of sneakers nets $850,000, with the last and rarest pair still up for grabs.
Boeing crash: I miss them every minute
Paul Njoroge, who lost his whole family in the 10 March Boeing crash, gives emotional testimony to US Congress.
KLM breastfeeding policy causes turbulence
Dutch airline KLM has asked mothers to cover up when breastfeeding, in response to complaints.
Ferry companies warn of gridlock in no-deal Brexit
Freight companies have told Newsnight they will refuse boarding to lorries that do not have the right paperwork.
Fast fashion: Zara promises all its clothes will be sustainable by 2025
Shoppers at the chain will also see containers in store so that they can recycle their old clothes.
M&S defends Little Shop toy giveaway despite backlash
The retailer is accused of producing more plastic waste, but says the promotion is sustainable.
Tourists facing travel money 'shock' this summer
Tourists are getting less than a euro for their pounds in some foreign exchange kiosks.
Top London home prices 'falling fastest' amid UK slowdown
Detached London homes fell in value by over £50,000 in a year, but many regions see house price rises.
Amazon Marketplace to be investigated by the EU
The online giant is suspected of misusing "sensitive data" from other retailers who sell on its site.
Govia Thameslink fined £1m over Gatwick Express window death
Simon Brown died after leaning from the window of a Gatwick Express train in August 2016.
SeaWorld hits back in Virgin Holidays whale tourism row
The US theme park defends its record after Virgin Holidays stops selling tickets to its attractions.
Swatch profits hit after crackdown on grey market
The watchmaker has stopped supplying some retailers it suspects of selling to unauthorised traders.
Females to the fore? What golf is doing to attract more women
Golf has realised it needs to make the sport more attractive to women, on and off the playing course.
Tuesday, July 16, 2019
Brexit: Bosses seek cut to immigrant salary threshold
Business lobby groups say ministers must act to avoid "acute" skills shortages after Brexit.
The Insta king trying to dominate the UK cannabis market
Controversial cannabis firm Ignite's UK launch is causing a backlash in the nascent industry.
'I asked the bank to block my spending. They wouldn't'
Suzanne suffered bouts of mental illness and spent heavily, but says the system failed those who tried to help her.
Will ships without sailors be the future of trade?
May saw the world's first unmanned commercial shipping operation.
Trump: Google should be probed over China treason claim
President Trump tweets he will look into allegations made by the tech billionaire Peter Thiel.
Virgin stops selling captive whale and dolphin experiences
The firm said it would stop selling tickets to captive whale and dolphin experiences in holiday packages.
Facebook's Libra cryptocurrency attacked at Senate hearing
The tech giant's Libra digital currency is attacked by senators who say the company is not trusted.
Christine Lagarde resigns as head of IMF
The news comes hours before a vote on Ms Lagarde's nomination to become head of the European Central Bank.
Flexible working should be default, says MP Helen Whately
An MP introduces a bill to force all employers to allow staff to work flexible hours.
British Museum trustee resigns over BP sponsorship and repatriation
Writer Ahdaf Soueif says it should take "a clear ethical position" on BP sponsorship and other issues.
'My job application was withdrawn by someone pretending to be me'
Nicholas Fearn says someone created a Gmail account in his name, and then withdrew his job application.
Wage growth at highest rate since 2008
Official figures also show a record number in employment as the labour market remains "strong".
AG Barr's share price plummets after profit warning
Shares in AG Barr fall sharply in early trading after it warns of a "challenging year" for the firm.
S Korea employers could face jail under harassment law
It is the first time employers must act on harassment in South Korea where bullying is widespread.
Rail review boss Keith Williams wants 'accountability'
Keith Williams says the role of the regions should also be recognised as he tries to improve the network.
Ryanair to cut flights after 737 Max delays
The airline also says it could close bases and axe summer flights next year.
Education publisher Pearson to phase out print textbooks
Pearson says students will only be able to rent physical books as it makes all products "digital first".
Monday, July 15, 2019
Uber ties some executive pay to diversity goals
Uber wants to boost the number of female managers by tying some executive pay to diversity goals.
Facebook scam-busting service goes live
New tools to fight online scams are launched after a legal action by TV personality Martin Lewis.
Three months after I was paralysed, I was back at work
When tech entrepreneur Hiroki Takeuchi was paralysed in a cycling accident, he was back in work just three months later.
When most people never see a £50 note, why have it?
The Bank of England has unveiled the new Alan Turing £50 note, but does it make sense to even have it?
Harrods of the High Street or fraying at the seams?
Mike Ashley promised to revitalise House of Fraser, but there are concerns over how he is managing the brand.
Government should not manage railways, says review
The man tasked with improving UK railways says someone independent from government should lead operations.
Facebook's Libra could be misused, says treasury chief Mnuchin
Steven Mnuchin joins other powerful voices in warning that the cryptocurrency could be misused.
Boeing ditches 737 Max name on new Ryanair plane
Photos show "737 Max" has been replaced with "737-8200" on plane, fuelling speculation about a rebrand.
Juul: E-cig boss says sorry to parents over child vaping
The head of Juul's comments come in a documentary about an "epidemic" of vaping among young people.
Amazon workers launch protests on Prime Day
Thousands of workers are calling for better conditions as the retail giant's annual sale starts.
Politics of automation: Factory workers and robots
Humans and robots working together in a factory may excite some tech geeks, but worry others who fear job losses.
New face of the Bank of England's £50 note is revealed
The note - once called the currency of corrupt elites - gets a makeover with the image of a computer pioneer.
Whistleblowers: 'We spoke out and lost our jobs'
As MPs and peers call for an overhaul of whistleblowing laws, a former teacher explains why she took action.
Sports Direct delays results as House of Fraser trading 'uncertain'
Mike Ashley's company says "uncertain" trading at House of Fraser is part of the reason for the delay.
Trade negotiators wanted to fill Brexit gap
Liam Fox wants to train new trade negotiators. Opponents say it is a last-minute scramble.
Scottish wind power output at record high
Research suggests turbines could power over four million homes in a "wind energy revolution".
Sunday, July 14, 2019
China's economy grows at slowest pace since 1990s
China's economy has been slowing despite Beijing's efforts to boost spending and cut taxes.
Vueling 'most delayed' airline in UK
The Spanish carrier's UK departures were delayed by an average of 31 minutes last year, research shows.
Two million workers could become eligible for statutory sick pay
The government says it wants to extend eligibility to the lowest paid employees.
Lavazza boss: bringing new blood into the family firm.
CEO Secret: How family-owned coffee firm Lavazza brought in new blood in its bid to go global.
Facebook 'to be fined $5bn over Cambridge Analytica scandal'
US regulators are said to have approved a penalty against Facebook over a data protection scandal.
How tough is an investment banker's life?
A week after some Deutsche Bank employees lost their jobs, how much of a raw deal have they had?
Saturday, July 13, 2019
Hunt v Johnson: The business view
Businesses in a Tory heartland give their views on what they want from the next prime minister.
Cricket World Cup: Illegal bookmakers still thriving
India's cricketers didn't make the World Cup final, but its bookmakers are still making millions.
Friday, July 12, 2019
Renting: How landlords can refuse to let to tenants with children
Landlords can decide to rule out tenants with children when letting a home, but some say that is unfair.
The pound's fall: a tale of two cities
More Americans are visiting London and splashing the cash as Brits in New York are counting the cents.
Heathrow strike threat to summer holiday travel
The Unite union says 4,000 staff will strike over pay, but the airport says it has plans to remain open.
Volkswagen and Ford team up on self-driving and electric cars
The two car giants will work together on developing new technologies in an attempt to reduce costs.
Thomas Cook boss: 'Our customers' holidays are secure'
Struggling Thomas Cook, which is planning a £750m cash injection, seeks to reassure customers.
Families 'cheated of Boeing crash compensation'
Relatives of victims of 2018's Lion Air crash signed forms stopping them taking legal action, lawyers say.
Thursday, July 11, 2019
Thomas Cook in rescue deal talks with China's Fosun
The troubled travel company is looking for a £750m injection from its largest shareholder.
Warning over Whirlpool danger dryers being sold online
A charity is alerting consumers to the risks while urging marketplaces to do more to prevent listings.
Why Hong Kong's 'dead' extradition bill is still bad for business
A row between protesters and the Hong Kong government poses a fresh threat to the city's financial star status.
Apprenticeship v university: What course to take?
Navigating career choices is difficult, but both academic and vocational routes have die-hard defenders.
‘We have to tell investors we're not having more children’
Female entrepreneurs say they struggle to get male investors to buy into their ideas.
How the 2019 coffee crisis might affect you
Farmers are struggling as coffee prices drop to historic lows, so why is the cost of a latte rising?
Would you drink camel milk?
Australia's growing number of camel farmers say that global demand for camel milk is rising fast.
Rory Cellan-Jones: 'My proton beam therapy diary'
Rory Cellan-Jones kept a video diary of the proton beam therapy he received for his eye tumour.
An artisan baker's recipe for success
How do you make a business rise like a bread roll in the oven?
How the cash machine became a million dollar idea
The BBC's Aaron Heslehurst explains how the ATM or cash machine became a million dollar idea.
Worker killed by Southern train was covering for brother
Investigators say the man was distracted as he was worrying about being caught as well as being tired.
Marks & Spencer ousts fashion boss Jill McDonald
Jill McDonald will leave the company after criticism over the availability of fashion products.
York: high street shops and rise of online shopping
Big name shops have been closed in some of the UK's high streets, with an estimate of one-in-ten shops standing empty.
Airports make 'significant' progress helping disabled
For the first time, no airports are given a "poor" rating by the industry regulator.
France passes tax on tech giants despite US threats
The Trump administration says the new 3% tax on sales in France will harm US online giants.
Norwegian Air chief executive Bjørn Kjos steps down
Bjørn Kjos, one of the founders of the low-cost airline, stands down after 17 years in charge.
Applications open for new North Sea oil and gas exploration
There are 768 blocks of sea on offer across the main North Sea producing area and West of Shetland.
Brazil pension reform passes first hurdle in Congress
Lawmakers back President Bolsonaro's controversial bill but further challenges to it lie ahead.
Wednesday, July 10, 2019
Branson warns pound to plummet in no-deal Brexit
Virgin boss tells the BBC a UK no-deal departure from the EU would be ‘devastating’ for Virgin.
'Get danger fridges out of stores' says Which?
Plastic-backed appliances pose a fire risk and should be removed from sale, the consumer group says.
Pollution warning on dust from car tyres and brakes
Even going electric won't stop cars polluting city streets, report says.
US 'concern' over French plan to tax tech giants
The US says it is concerned French plans for a 3% tax on tech giants unfairly target US firms.
Killed for spying: The story of the first factory
Completed in 1721, the Lombe brothers' five-storey textile mill was quickly copied around the world.
Gatwick flights suspended over air traffic control issue
The airport is working to "rectify this issue as quickly as possible", it said in a statement.
US shares hit record as Fed chair signals rate cut
The S&P 500 tops 3,000 points as the Federal Reserve's chief hints at a rate cut to boost US economy.
No-deal Brexit 'could put 40,000 jobs at risk' in NI
Industries such as agri-food and haulage are among the most vulnerable, a new report suggests.
UK economy returns to growth but slowdown fears persist
A recovery in car production helped the economy grow 0.3% in May after declining 0.4% in April.
Superdry founder promises revival after £85m loss
The founder of the struggling retailer, known for its zip-up hoodies, says he is attempting to "steady the ship".
Sir James Dyson buys Singapore's 'biggest penthouse flat'
Reports says Sir James paid $54m for the flat, following the move of his company's HQ to Singapore.
Tuesday, July 9, 2019
Mexican finance minister quits with critical letter
Mexico's Carlos Urzúa said there were discrepancies in economic matters in letter made public on Twitter.
Brexit ferry deal 'rushed and risky', MPs say
The government's spending watchdog says there is "little to show" following the botched deal.
Redundancy 'is like a new lease of life'
After recent large scale job cuts, we asked the BBC audience how they coped when it happened to them.
'Why are electric cars more expensive?' And more of your questions answered
Our business and transport correspondents answer your questions on electric cars.
How social media could ruin your business
Negative social media can be a major threat to businesses and can quickly destroy trust in a brand.
Goodbye to the Beetle
VW is stopping production of the Beetle, ending 80 years on the road for the iconic car.
Lady Gaga in exclusive Amazon deal to launch beauty range
The online retail giant will sell Haus Laboratories globally in an exclusive deal with the superstar.
Mini launches first all-electric car
The BBC takes a look inside the new vehicle, which is going to be produced at BMW's plant at Cowley.
Pound heads for two-year low as holidays begin
Brexit uncertainty coupled with an economic slowdown has pushed sterling to April 2017 levels.
UK watchdog plans to fine Marriott £99m
The UK's data privacy regulator has said it plans to fine the US hotel group for a data breach.
France plans 'eco-tax' for air fares
The tax will apply to tickets for all flights from airports in France, the government says.
Chinese ethnic group biggest earners in the UK
Overall, ethnic minorities earn 3.8% less than white ethnic groups, the first official figures show.
Electric Mini production in Cowley to boost UK car industry
Work on the first fully electric Mini will begin in late 2019 at BMW's Cowley plant near Oxford.
Could the next euro crisis come from Italy?
The governor of the Bank of Italy warns that rising debt and weak growth are causing economic tensions.
Government faces no-deal backlash from its business experts
Advisers asked to find a solution to the Irish border Brexit problem run into immediate difficulties.
Ocado says Andover fire cost more than £100m
The online delivery firm says its insurance will cover the cost of the warehouse fire.
Monday, July 8, 2019
Government invests in electric car network despite sales drop
The Department for Transport wants more charge points in the UK but hybrid vehicle sales have fallen.
Desktop dining rules: No boiled eggs or tinned fish
There are unofficial rules for what you can eat at your desk, but should you even be doing it anyway?
Why do so many sole traders go bust?
It's the easiest way to turn self-employed, but one in five fail within a year, figures show.
'The kids emptied our bank account playing Fifa'
Fifa players are purchased in packs but it's impossible to see who is in the pack before payment is made.
Primark founder Arthur Ryan dies
The businessman founded the High Street retailer as Penny's in 1969 in his home country of Ireland.
Karen Millen: 'Retail isn't dead'
The designer and retail entrepreneur believes the UK's High Streets need to change to survive.
'Devastated' Bedford family to close 152-year-old shop
Its owners blame competition from the internet and multi-national firms for a big drop in footfall.
Rwanda bids to become high-tech hub
Rwanda is bidding to become a centre for high-tech innovation and creativity in Africa.
British Airways faces record £183m fine for data breach
The airline is contesting the penalty imposed by the watchdog after hackers breached its IT systems.
Deutsche Bank shares rise on plan to cut 18,000 jobs
The German lender wants to become "leaner and fitter" by exiting the share-trading business.
Turkey's Erdogan fires central bank chief Murat Cetinkaya
The president had called for lower interest rates, calling them the "mother and father of all evil".
Sunday, July 7, 2019
'I got wiped out, but I was determined to make it back'
How entrepreneur Andy Scott was able to rebuild his business and personal fortune.
CEO Secrets: 'I was astounded by the lack of childcare at work'
The CEO of a start-up in London says offering on-site childcare in the office helps productivity.
Glastonbury stars give away clothes for charity
Kylie Minogue, Sheryl Crow and Lewis Capaldi show support for a campaign against "throwaway fashion".
Summer dilemma: Is it OK to wear flip-flops to work?
Summer has finally arrived, but are there sartorial limits to what you can wear to work?
British Airways in talks to avert pilots' strike
The airline and pilots' union will hold talks to avoid a potentially disruptive summer walkout.
Deutsche Bank confirms plan to cut 18,000 jobs
The German lender will exit the share trading business, much of which is in London and New York.
Boeing loses big order for 737 Max aircraft
Saudi Arabian carrier flyadeal halts plan to buy Boeing planes and switches to Airbus fleet.
Saturday, July 6, 2019
UK plans £3m no-deal medicine transport
The deadline of 1 September set for the deal is a "tight" timeframe, experts have warned.
Deutsche Bank could cut 'up to 20,000 jobs'
London and Wall Street could bear the brunt of cuts as the bank fights a falling share price.
The nuclear fight for Sizewell on Suffolk's coast
The nuclear industry says new plants are essential, but protesters say the environment is under threat.
High demand for Child Benefit loans, say credit unions
Thousands more families are relying on borrowing against their benefits for budgeting.
Friday, July 5, 2019
Amazon at 25: The story of a giant
The online giant is now the second-largest company in the world. We look at its success in charts.
Greek debt crisis: 'I wasn't paid for two years'
With Greek voters set to go to the polls, how did two entrepreneurs battle through austerity?
E.On 'error' reveals 498 customers' email addresses
The company apologised and said the incident was spotted "within minutes" of it occurring.
Jaguar's 50-year old XJ model to be electric-powered
Jaguar's XJ series is to be electric-powered - after 50 years of running on petrol or diesel.
Stagnant productivity 'costs workers £5,000 a year'
The lack of productivity improvement since the financial crisis has meant "sluggish wage growth", statisticians say.
US labour market booms in June
The US economy created 224,000 jobs in June, many more than economists had been expecting.
Inheritance tax: Rules on gifts to loved ones 'should be simplified'
Fewer people should pay tax on gifts given before death, under proposals for an inheritance tax overhaul.
The firm with 900 staff and no office
Is a growing trend for firms to ditch the office good or bad for workers?
'Up to 3,000 betting shops to close'
William Hill's decision to close 700 shops could be the tip of the iceberg, an analyst says.
Thursday, July 4, 2019
Boeing 737 Max: 'I lost my family in the Ethiopian plane crash'
Families of the victims of the Ethiopian Airlines crash want to know why the Boeing 737 Max was allowed to fly.
Government-owned bank 'forging signatures' in repossession cases
A government-owned bank is accused of forging signatures on court documents in repossession proceedings.
Why blue jeans are going green
A growing number of denim producers are embracing environmentally-friendly production methods.
Is the high street profiting from Pride?
As London gears up for its Pride march, are retailers joining, or cashing in?
Thames Water plans to cut 650 jobs to reduce costs
The UK's largest water company says most of the cuts are in management and support functions.
Carlisle airport relaunches passenger flights
Carlisle airport relaunches passenger flights after 25 years.
Britain's oldest building firm collapses
After more than 400 years, R Durtnell and Sons the oldest building firm in Britain has ceased trading.
What do Indians want from the latest Budget?
As the Indian government prepares its latest Budget, we ask what Indians are hoping for.
William Hill plans 700 store closures putting 4,500 jobs at risk
The firm blames the move on the government slashing the maximum stake on fixed-odds betting terminals.
'Grave concern' as sales of low emission cars fall
Total sales of plug-in and hybrid cars drop for the first time in more than two years, the industry says.
Job cuts planned at troubled Woodford investment firm
The firm of well-known fund manager Neil Woodford plans cuts after investors pulled out funds.
Carlisle Lake District Airport relaunches passenger flights
Loganair are now operating routes to Dublin, Belfast and London Southend.
Wednesday, July 3, 2019
Kim Kardashian-West: Misguided USA ordered to pay $2.7m in damages
The reality star says the company is "notorious" for "knocking off" designer items she wears.
Is the 'racist trainer' controversy good for Nike?
The US sportswear giant is used to being provocative but was its flag-bearing shoe a step too far?
National Trust shuns fossil fuel investments
Europe's biggest conservation charity will sell its fossil fuel shares and invest in green start-ups.
How much pocket money should we give our kids?
Parents are being urged to let their children handle coins, even if they pay for things with cards and phones.
Nike hit by conservative backlash over 'racist trainer'
US political leaders join condemnation of Nike for pulling a trainer with a controversial US flag.
Boeing gives $100m to help 737 Max crash families
The aircraft maker says the money is for the education and welfare of communities hit by the disasters.
Netflix announces dedicated UK operation at Shepperton
Streaming giant to set up production base at historic London studio owned by Pinewood Group.
Bitcoin's energy consumption 'equals that of Switzerland'
A new tool estimates how much electricity Bitcoin uses during the course of a year.
'Dr Doom' economist Nouriel Roubini in Bitcoin battle
Nouriel Roubini triggers a Twitter battle after describing Bitcoin as "overhyped" and a "cesspool".
Serco fined £19m over tagging scandal
The outsourcing firm is fined for fraud and false accounting over its electronic tagging service.
Lee Iacocca, father of the Ford Mustang, dies aged 94
Mr Iacocca, who created the iconic Ford Mustang, is also known for saving Chrysler from bankruptcy.
How important will blockchain be to the world's economy?
It has been much hyped, but could blockchain really be as significant and disruptive as the internet?
Tuesday, July 2, 2019
Sainsbury's sees further sales slide
Chief executive Mike Coupe blames a "tough trading environment" but says Sainsbury's is making progress.
Tesco faces Brexit deadline headache
The retail giant's boss says an October Brexit could cause problems as it's too close to Christmas.
Could this be the UK's answer to Disneyland?
London Resort has appointed a new boss and signed a deal with Paramount to build a theme park in Kent.
TikTok's young fans 'exploited' for digital gifts
The video platform says it is sorry some have felt pressured to send their favourite influencers money.
How do you know your diamond isn't fake?
How can we be sure the diamonds we buy are not fake or from conflict regions?
Christine Lagarde: The 'rock star' of finance
Christine Lagarde is on track to become the first woman to run the European Central Bank.
Germany's Ursula von der Leyen nominated to lead EU Commission
German Defence Minister Ursula von der Leyen is picked for the top EU post after a marathon summit.
Brexit stockpiling warning: UK warehouses already 'full'
Food, medicines and other goods may need to be stockpiled if the UK leaves the EU with no deal.
Internet wobble caused by Cloudflare glitch
The security firm suffered a problem of its own that caused clients' websites to become inaccessible.
Cyber-incident reports from UK finance sector spiked by 1,000% in 2018
A Freedom of Information request reveals a jump in the number of incidents reported to industry regulator.
Whirlpool admits up to 800,000 faulty dryers exist
A fault in Whirlpool machines was blamed for at least 750 fires over an 11-year period.
Nike 'pulls Betsy Ross flag trainer after Kaepernick complaint'
Nike will not sell a trainer with an early version of the US flag adopted by American Nazis.
Scotch whisky targeted by new US tariffs
EU products including Parmesan cheese and pasta may also have tariffs added when exported to the US.
Funding Circle shares dive on growth warning
Shares in the peer-to-peer lender plunge by a quarter after it halves its projected revenue growth.
Monday, July 1, 2019
Gambling firms pledge £60m to help addicts after criticism
The UK's biggest betting firms agree to contribute more money to fund problem gambler treatment.
British Steel: 'We fear for our town's future'
Workers at the British Steel plant in Scunthorpe are living under a cloud as the plant's future remains uncertain.
Kylie Minogue: How our obsession is driving her success
The popstar's constant reinvention has created hordes of fans and a thriving 30-year business.
EU-Swiss share trading row: What does it mean?
The EU and Switzerland are at loggerheads over share trading, but why and what does it mean?
How rude service inspired a multi-million euro firm
A bad experience at a shop inspired one man to set up a business that measures customer satisfaction.
Neil Woodford's flagship equity income fund to stay locked
The fund's continued suspension is in the "best interests of investors", the firm says.
The day the e-books stopped working
Microsoft is withdrawing access to the e-books that consumers bought via its digital store.
Chubb cuts coal insurance exposure because of climate change
Insurance giant Chubb cuts exposure to the US coal sector that Donald Trump vowed to re-build.
Gold price drops sharply as trade talk hopes rise
Investors sell gold, often seen as a safe asset in times of uncertainty, amid hopes of a US-China deal.
'Hire people aligned with your mission'
Online mortgage CEO Ishaan Malhi says one of the key things to get right is hiring the right people.
Tory leadership: Jeremy Hunt pledges £6bn for farmers in no-deal Brexit
The Tory leadership hopeful likens it to a banks' bailout as Boris Johnson vows a public sector pay rise.
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