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Showing posts from January, 2022

Global chip shortage: Jaguar Land Rover loses £9m

The UK-based car maker warned that it expects the chip shortage to continue throughout this year. from BBC News - Business https://ift.tt/NHGsla82h

Budget 2022: Can India's budget address its uneven recovery?

The budget arrives as India's economy battles low demand, rising unemployment and inflation. from BBC News - Business https://ift.tt/plOowBsdy

Wordle: New York Times buys popular word game

The New York Times says it bought the game from its creator for a price “in the low seven figures". from BBC News - Business https://ift.tt/FEmQIM3kn

How people may get help to pay high energy bills

With higher bills set to climb even higher, what are the government's options for softening the blow? from BBC News - Business https://ift.tt/iRboa1mYC

Is this the summer that travel gets back to normal?

Travel bosses predict a bounce back for business this summer but challenges to recruit enough staff remain. from BBC News - Business https://ift.tt/L8Ie6Obvl

True story? Lie detection systems go high-tech

A number of teams are working on advanced ways to tell more accurately if someone is lying. from BBC News - Business https://ift.tt/btFawkxUN

Tesco to shut down its Jack's discount stores

The UK's largest retailer will close down seven of its 13 Jack's discount stores affecting 130 jobs. from BBC News - Business https://ift.tt/rmHs75nYJ

Key Post Office deal agreed for future of cash

Customers of 30 banks and building societies can continue to use post offices to deposit cash. from BBC News - Business https://ift.tt/J5mUdqwt7

Air passengers promised fairer deal in compensation shake-up

Under new plans, travellers could claim for delays of more than an hour, down from three hours currently. from BBC News - Business https://ift.tt/Nq9BkWdnM

Macau police arrest leading casino boss amid crackdown

Macau Legend Development's share price plunged by as much as 30% in Hong Kong on Monday. from BBC News - Business https://ift.tt/HseoCBU86

Brexit: UK plan to remove EU law sparks nations' anger

The UK government says the plan will cut red tape - but devolved nations are unhappy with the move. from BBC News - Business https://ift.tt/Bky3nt7sr

Concerns over food shortages as CO2 deal ends

Food and drink firms are warning supplies could be hit unless government subsidies continue. from BBC News - Business https://ift.tt/jyfTKDOGh

How the high cost of living is hitting Singapore's poor

Asia's rising food costs are hitting the region's poor, despite the fall in rice prices in 2021. from BBC News - Business https://ift.tt/4YLubn7yS

Spotify: Streaming giant announces plans to clamp down on Covid misinformation

The streaming giant says it will add warnings to all podcasts discussing Covid-19 on its platform. from BBC News - Business https://ift.tt/JvqKRpDB7

National Insurance: Rise will squeeze budgets - CBI

Businesses say they don't support increasing National Insurance as they recover from Covid's impact. from BBC News - Business https://ift.tt/gasDcyKQu

Energy crisis: How countries are dealing with rising prices

From cash handouts to price caps, other countries are using a variety of measures to combat soaring gas prices. from BBC News - Business https://ift.tt/2Xm9DhiJc

Cost of living: Will parents spend less on kids' toys?

Families will cut spending on many things before toys but soaring bills may put this to the test. from BBC News - Business https://ift.tt/1wFBX8Lot

National Insurance: Boris Johnson and Rishi Sunak confirm rise from April

An employee on £20,000 a year will pay an extra £89 in tax, while someone on £50,000 will pay £464. from BBC News - Business https://ift.tt/HNplWK8gb

Graduates in England facing tax rise by stealth, says IFS

The warning from the IFS comes as the threshold for repaying student loans is frozen this year. from BBC News - Business https://bbc.in/3rbdYTF

Mike Lynch: Priti Patel approves extradition of Autonomy founder

Dr Mike Lynch lost a multibillion-dollar fraud action on Friday over the sale of Autonomy in 2011. from BBC News - Business https://ift.tt/3AGu3Uo

Where are Britain's missing million workers?

With vacancies at a record high, many firms are suffering from a shortage of skilled workers. from BBC News - Business https://ift.tt/3AGmugs

Storm Arwen: 'I was left without broadband for seven weeks'

A holiday firm owner says he lost bookings because of the time it took to restore an internet link. from BBC News - Business https://ift.tt/3HdKc67

The scramble for cargo aircraft as shipping costs soar

Cargo aircraft are being rushed into service amid a worldwide shortage in shipping capacity. from BBC News - Business https://ift.tt/3IGPiIz

US bans telecom giant China Unicom over spying concerns

China Unicom is the latest Chinese company to be banned in the US over national security concerns. from BBC News - Business https://ift.tt/3KSlsTa

Dover queues: The firms struggling with Brexit red tape

A month after more post-Brexit paperwork came into force, many drivers and firms are having problems. from BBC News - Business https://ift.tt/3g2DtzZ

Winter Olympics: Global sponsors quiet ahead of Beijing Games

A week before the Beijing Games start, global partners are lying low. from BBC News - Business https://ift.tt/3ueCNzI

Millions yet to file tax return as scammers circle

HMRC says 3.5 million people are still to file, but it will not fine those who are up to a month late. from BBC News - Business https://ift.tt/32GK5Bc

Apple sales soar despite supply constraints

The iPhone giant's business has boomed during the pandemic. from BBC News - Business https://ift.tt/3G5x7KP

Former traders cleared of US rate rigging

Matthew Connolly and Gavin Black have been acquitted of rate rigging by a US court. from BBC News - Business https://ift.tt/3H8EL8J

Government pledges £100m for Sizewell nuclear site

But the investment does not commit the government to approving the £20bn power plant in Suffolk. from BBC News - Business https://ift.tt/32AgKbz

US Federal Reserve says rate rise 'appropriate' soon

The US central bank is under pressure to rein in rapid price increases in the US. from BBC News - Business https://ift.tt/3IzNyRc

IMF urges El Salvador to remove Bitcoin as legal tender

Officials say the decision poses risks to financial stability and consumer protection in the country. from BBC News - Business https://ift.tt/3KNrAfp

Pet boom continues to boost Pets at Home sales

The retailer says it had a "record Christmas" which saw it groom 5,500 dogs on Christmas Eve alone. from BBC News - Business https://ift.tt/3rRkuOn

Supply chain disruption set to continue - report

Global product shortages and shipping disruption show no signs of easing, study finds. from BBC News - Business https://ift.tt/3rUuUwP

Global chip shortage: US says firms' stocks have plunged

The shortage of semiconductors is continuing to have a major impact on industries around the world. from BBC News - Business https://ift.tt/3nYl0Jq

Government borrowed less than expected in December

Borrowing hit £16.8bn last month as pandemic support for the economy continues. from BBC News - Business https://ift.tt/3FZXsdp

Cost of living: How oil heating price rise is worrying families

More than 1.5 million UK householders rely on oil for heating, with some seeing 50% price rises. from BBC News - Business https://ift.tt/3qX3jvv

The Beatles and John Lennon memorabilia to be sold as NFTs

John Lennon's eldest son Julian will keep the physical items as he sells digital versions of them. from BBC News - Business https://ift.tt/3tT4P3P

‘They were like bandits’ - how did the rich get richer?

Did a Bank of England policy to save the UK economy during the financial crash make the wealthiest people even wealthier? from BBC News - Business https://ift.tt/3nU26mI

Marmite maker to cut thousands of jobs worldwide

Unilever, which also makes Dove soap and PG Tips, will cut the roles in more than 100 countries. from BBC News - Business https://ift.tt/3rKsgcV

State pension age crucial for lower earners

Low earners are more likely to keep working for longer when the state pension age rises, a report finds. from BBC News - Business https://ift.tt/3FZHrUK

António Horta-Osório: The banker who can't stay out of the headlines

One of the UK's best-known banking bosses, António Horta-Osório is used to good - and bad - headlines. from BBC News - Business https://ift.tt/3AtTVCQ

Like a drone that you sit in – but would you feel safe?

Personal drones that can transport one or two passengers will soon be available for anyone to buy. from BBC News - Business https://ift.tt/3AiHLfW

Vaccine mandates: 'I lost my job for being unvaccinated'

Covid-19 vaccine mandates face stiff resistance in the US, where they are clashing with national ideals of personal freedom. from BBC News - Business https://ift.tt/3rM47Tc

The people deciding to ditch their smartphones

The smartphone users who are ditching their handsets to take back more control of their lives. from BBC News - Business https://ift.tt/3tMS5M6

John Lewis says it is wrong to cut sick pay for unjabbed staff

Unlike rivals, the retailer says all staff get full sick pay regardless of vaccination status. from BBC News - Business https://ift.tt/3KEnS83

Major investor will target bosses at firms failing on climate

Aviva Investors will vote to get directors kicked out of firms that fail on sustainability goals. from BBC News - Business https://ift.tt/341aKJ0

Inflation: Four things rising in price and why

From skincare products to used cars - the items that tell the story of the cost of living crisis. from BBC News - Business https://ift.tt/3AqDLKg

Police response to £25,000 fraud branded woeful

Inspectorate criticises the police after only one of 69 victims of a fraud has their case investigated. from BBC News - Business https://ift.tt/3GTaniv

First-time buyer: 'I couldn't keep paying so much rent'

There were a record number of first-time buyers in 2021, figures from lender Halifax suggest. from BBC News - Business https://ift.tt/3rHPqR2

Women's state pension shortfalls a shameful shambles, MPs say

A damning report says errors could be repeated after 134,000 people were underpaid their state pension. from BBC News - Business https://ift.tt/3tQGD29

Britishvolt: Electric car battery plant gets government funding

Britishvolt says the money unlocks huge private investment for a protect that will create thousands of jobs. from BBC News - Business https://ift.tt/3qOzOvK

Trains told to get rid of torrent of 'Tannoy spam'

Rail chiefs are set to get rid of unnecessary on-board announcements to make journeys more peaceful. from BBC News - Business https://ift.tt/3FMwMwv

Covid test firm urges end to tests for travellers

Collinson, which also runs airport lounges and other travel services, thinks tests are bad for business. from BBC News - Business https://ift.tt/3tLW77A

Return to the office begins as restrictions axed

Business groups broadly welcome end of working-from-home guidance, but there are safety concerns. from BBC News - Business https://ift.tt/3ImMcJo

Primark to cut 400 store management jobs

The retailer saw sales fall as the spread of Omicron cut the number of visitors to its shops. from BBC News - Business https://ift.tt/3KoJnJM

Superdry to lift prices despite influencer boost

The retailer says customers can expect price rises and no sales in its shops because of rising costs. from BBC News - Business https://ift.tt/3tD4NwS

Property shares in Hong Kong jump after China cuts key mortgage rate

The central bank's move comes as concerns grow about a slowdown in the world's second largest economy. from BBC News - Business https://ift.tt/34Wm35M

Brewdog flouted US laws over beer imports

Scottish beer giant shipped hundreds of kegs of beer to America which had not been legally approved. from BBC News - Business https://ift.tt/3FJPlS7

Donald Trump investigation reveals new details of alleged fraud

New documents accuse the ex-president's business of misreporting asset values to get loans and tax breaks. from BBC News - Business https://ift.tt/3tGPxPl

Harry and Meghan misused in fake investment endorsement

Financial watchdog warns of rising worries about investment scams using fake celebrity support. from BBC News - Business https://ift.tt/3GOphXk

Boss behind mass Zoom firing back in charge

Better.com boss Vishal Garg took time off after his handling of mass job cuts sparked outrage. from BBC News - Business https://ift.tt/3GI0a8k

Inflation: Seven reasons why the cost of living is going up around the world

Global inflation - the rate at which prices rise - is at its highest since 2008. Here are seven reasons why. from BBC News - Business https://ift.tt/3rv1q8C

Millionaires ask governments to pay more tax

A group of more than 100 of the richest people say current tax systems are "not fair". from BBC News - Business https://ift.tt/3tEBytv

Cost of living rises at fastest pace for 30 years

The UK's cost of living surged by 5.4% in the 12 months to December, hitting its highest level since 1992. from BBC News - Business https://ift.tt/3AbsC03

More expats may quit Hong Kong over its tough Covid laws: Survey

The American Chamber of Commerce in Hong Kong pointed to border closures as an issue for those surveyed. from BBC News - Business https://ift.tt/3Aaeh41

Sony slides on Microsoft-Activision Blizzard tie-up plan

The deal would be a major step for Microsoft's Xbox gaming brand in its battle against Sony's PlayStation. from BBC News - Business https://ift.tt/33z2ccx

Dairylea cheese ad banned for showing girl eating upside down

Fourteen people complained about the advert, including one viewer who said a toddler had copied it. from BBC News - Business https://ift.tt/3tALCDX

What can we do to get more women into coding?

How visual, auditory and kinesthetic tools used to teach kids coding should be adapted for adults. from BBC News - Business https://ift.tt/3KwktYX

How Gen Z is dealing with cost of living crisis

The rising cost of living is affecting everyone - but it's been particularly tough on young people. from BBC News - Business https://ift.tt/3tCmhJA

Aldi opens its first till-free supermarket

The supermarket will bill people after they leave the store as part of a trial using new technology. from BBC News - Business https://ift.tt/3nX26CP

US airlines warn of 5G flight disruption

Airlines fear the new mobile phone signals will hit navigation systems, especially in bad weather. from BBC News - Business https://ift.tt/3tCH93I

UK job vacancies hit new high after furlough ends

The number of jobs on offer rose to 1.24 million but wage growth slowed and is below inflation. from BBC News - Business https://ift.tt/33FYRIu

China's Xi Jinping defends 'common prosperity' crackdowns

The Chinese leader made the comments during an address to the World Economic Forum’s annual meeting. from BBC News - Business https://ift.tt/3rotV7T

Hong Kong police charge two former aircrew over Covid rules

If convicted, the two former flight attendants could face up to six months in prison. from BBC News - Business https://ift.tt/3qCW4ZN

Morrisons confirms sick pay cut for unvaccinated staff

The supermarket joins a list of firms which pay the legal minimum to unvaccinated staff obliged to isolate. from BBC News - Business https://ift.tt/3GPusG8

Pension Wise: MPs call for automatic pension help appointments

Savers are struggling to navigate the "pensions minefield" and need more support, according to MPs. from BBC News - Business https://ift.tt/3Ki7B8z

How delivery apps created 'the Netflix of food ordering'

Innovative food delivery apps offer everything from multiple restaurant orders to home chef cuisine. from BBC News - Business https://ift.tt/3Kf7nil

ScotWind offshore auction raises £700m

Crown Estate Scotland said 17 projects have been chosen in the first seabed leasing round in a decade. from BBC News - Business https://ift.tt/3A3aYeQ

Unilever looks set to continue pursuing £50bn-plus mega-merger

The maker of Marmite and PG Tips says buying GlaxoSmithKline's healthcare arm would be a "strong fit". from BBC News - Business https://ift.tt/3rILnUT

China cuts interest rates as economic growth slows

Compared to a year earlier, the economy grew 4% in the last three months of 2021, official figures show. from BBC News - Business https://ift.tt/3I67oDi

Credit Suisse chairman resigns after company probe

Antonio Horta-Osorio was reportedly found to have broken the UK's Covid-19 quarantine rules. from BBC News - Business https://ift.tt/3FAPMht

Funeral costs drop for first time in 18 years

A report says the cost fell by 3.1% but the cheapest type of funeral - a direct cremation - rose in price. from BBC News - Business https://ift.tt/3FEe6yJ

Wealth of world's 10 richest men doubled in pandemic, Oxfam says

Covid-19 has made the rich richer while poverty increased, Oxfam claims, as a virtual Davos gets underway. from BBC News - Business https://ift.tt/3KhzUny

Energy bills: 'It feels like I'm sleeping outside'

People tell of their struggles to cope, with energy bills set to soar by more than £700 this year. from BBC News - Business https://ift.tt/3tvcpRR

Cladding crisis: Norwegian wealth fund urged to pressure firms and builders

Grenfell survivors have asked a huge public fund to have 11 firms "resolve" buildings' fire safety defects. from BBC News - Business https://ift.tt/3KhflaY

Will ScotWind auction deliver a renewables revolution?

Over the next decade or so these new offshore wind farm sites could supercharge renewable energy capacity. from BBC News - Business https://ift.tt/3rpjZuz

Marmite-owner Unilever bids for GSK's consumer arm

Analysts say a successful bid would represent one of the biggest ever deals involving firms trading in London. from BBC News - Business https://ift.tt/3Fqrzud

Ex-supermarket boss Lord Sainsbury of Preston Candover dies at 94

The company's current chief executive described John Sainsbury as a "shopkeeper to his core". from BBC News - Business https://ift.tt/3KaOn4H

Jailed 'Pharma Bro' Martin Shkreli ordered to repay $64m

Martin Shkreli has also been barred from the US pharmaceutical industry for life. from BBC News - Business https://ift.tt/33v4WY9

Tesla starts accepting once-joke cryptocurrency Dogecoin

Elon Musk's plans send the value of the cryptocurrency soaring. from BBC News - Business https://ift.tt/3qqpVEC

YouTube rich list: MrBeast was the highest-paid star of 2021

Between them, the 10 highest-paid YouTubers raked in $300m last year. from BBC News - Business https://ift.tt/3zWuhXf

E.On apologises for sending socks to customers

It is the second major supplier in a week to admit a marketing gaffe as customers face rocketing bills. from BBC News - Business https://ift.tt/3FrO4yW

Meta faces billion-pound class-action case

Facebook's 44 million UK users could share £2.3bn in damages, a competition expert intending to sue Meta says from BBC News - Business https://ift.tt/3KbofGL

Marks & Spencer: Midget Gems change name after academic's campaign

A Liverpool disability academic told M&S the word midget has its roots in Victorian freak shows. from BBC News - Business https://ift.tt/3zV2pCK

French holiday bookings surge after rule change

The easing of French travel restrictions has led to an immediate increase in holiday bookings, operators say. from BBC News - Business https://ift.tt/3fqhmDa

Ovo Energy tells staff it will cut a quarter of its workforce

The country's third largest energy provider is making cuts related its acquisition of SSE in 2019. from BBC News - Business https://ift.tt/3qmE3i0

Next cuts sick pay for unvaccinated staff forced to self-isolate

The retailer changes its sick pay rules as employers face soaring absences due to Omicron. from BBC News - Business https://ift.tt/3qmY9Zy

Christmas sales soar for Marks & Spencer and Tesco

M&S's food business records its best-ever festive sales while Tesco boasted of 'exceptional' demand. from BBC News - Business https://ift.tt/3rdvJAu

Covid-19: France to relax travel rules from the UK

Vaccinated travellers will no longer need a compelling reason to enter France, or have to isolate. from BBC News - Business https://ift.tt/33sO840

Pret boosts pay to £10 per hour for thousands of staff

The sandwich chain Pret A Manger is boosting its pay rates for the second time in four months. from BBC News - Business https://ift.tt/33sp6lJ

US inflation rate hits near 40-year high

Inflation rate rises by 7% in December, piling more pressure on the US central bank to raise interest rates. from BBC News - Business https://ift.tt/3HY2l85

Pensions and benefits will not keep up with cost of living, warns think tank

A think tank says a temporary rise would help 10 million people facing hardship, but at a heavy cost. from BBC News - Business https://ift.tt/3zPyDzl

Covid: Government's PPE VIP lane unlawful, court rules

A High Court judge says it was unlawful to give two companies preferential treatment. from BBC News - Business https://ift.tt/3qkQStc

Champagne sales drive bumper Christmas at Sainsbury's

Stronger sales of premium food and champagne will boost profits, Britain's second biggest supermarket says. from BBC News - Business https://ift.tt/33uAE81

Ovo Energy boss blames bad day for ‘ridiculous’ advice

Ovo Energy chief tells the BBC he expects to be apologising for some time over advice on staying warn. from BBC News - Business https://ift.tt/3tliS1S

British Gas owner warns energy crisis to last two years

The boss of Centrica says there is "no reason" to expect gas prices to come down anytime soon. from BBC News - Business https://ift.tt/3HZJ6uD

UK delays more all-lane smart motorways for five years

More safety data is needed before more hard shoulders are made into traffic lanes, government says. from BBC News - Business https://ift.tt/3I2ilGh

How the soaring cost of living is hitting Sri Lankans hard

Rising food and fuel prices are making daily life tougher for many ordinary people in Sri Lanka. from BBC News - Business https://ift.tt/334LRwf

The controversy of wood pellets as a green energy source

Wood pellets are touted as a 'green' way to make electricity, but many reject these claims. from BBC News - Business https://ift.tt/3r8vFSo

Many postmasters still in the dark over justice

The Post Office has been unable to contact 126 people who were convicted on the basis of flawed evidence. from BBC News - Business https://ift.tt/3FtkhWF

World Bank warns global economy faces grim outlook

The bank predicts a "pronounced slowdown", with global economic growth falling to 4.1% this year from BBC News - Business https://ift.tt/3f9dIhb

DFDS ferry boss warns of 20 mile queues at Dover if checks do not ease

Chris Parker says it "won't work" to have increased passenger numbers with current restrictions. from BBC News - Business https://ift.tt/3zLVAmN

£150,000 starting salaries as firms fight for staff

A shortage of talent is driving up wages worldwide, says professional recruitment firm Robert Walters. from BBC News - Business https://ift.tt/3Gg1ijb

Heathrow Airport suffers 600,000 cancellations in December

Fresh travel restrictions sparked a wave of cancelled bookings at Britain's busiest airport. from BBC News - Business https://ift.tt/3tcRHGo

Ovo Energy sorry over advice to cuddle pets to stay warm

Ovo Energy, which owns SSE, says it is "embarrassed" over advice sent to its customers on how to stay warm. from BBC News - Business https://ift.tt/3qbxdvE

Energy bills: 'I am already paying an extra £60 a month'

Some people are paying many hundreds of pounds more for domestic energy ahead of widespread price rises. from BBC News - Business https://ift.tt/3q9TPga

Covid: Shoppers swap party clothes for loungewear

Comfy clothes were back in fashion after people were advised to work from home. from BBC News - Business https://ift.tt/3zJPvHs

The AI software that could turn you in to a music star

Artificial intelligence is now smart enough to write tracks that earn streaming service royalties. from BBC News - Business https://ift.tt/3GeI1Pf

Tesla adds chill and assertive self-driving modes

An update to Tesla cars adds a mode to follow other cars more closely and to slow rather than stop. from BBC News - Business https://ift.tt/3GfLKMm

Ikea cuts sick pay for unvaccinated staff forced to self-isolate

The retail giant joins a growing list of firms changing their rules as staff absences and costs begin to bite. from BBC News - Business https://ift.tt/3FbGQyP

Cladding: Developers told to act on lower-height buildings

Developers who do not remove cladding on buildings 11-18m high could face legal action, the government says. from BBC News - Business https://ift.tt/334fBZZ

Cladding: Michael Gove to vow to pursue firms behind safety problems

The housing secretary will set out measures to force developers to pay for cladding removal. from BBC News - Business https://ift.tt/3f5N3BS

Energy bills: Fix insulation to tackle cost of heating, PM told

An industry group is calling for more funding for home improvements to help bring down the cost of heating homes. from BBC News - Business https://ift.tt/3nczWmS

Crisis-hit Sri Lanka asks China to restructure its debt

The country has been experiencing a severe debt and foreign exchange crisis in recent months. from BBC News - Business https://ift.tt/3qcwieF

Virgin and O2 users to not face EU roaming charges

Virgin Media O2 says it will not reintroduce fees for mobile data use and calls in EU countries. from BBC News - Business https://ift.tt/3r0Ab5q

What is the biggest challenge for your business in 2022?

What are industry leaders planning for in the coming year. from BBC News - Business https://ift.tt/3r55Liq

Scrap business rates due to energy costs - Labour

A windfall tax on gas and oil producers would help firms struggling with bills, Labour says. from BBC News - Business https://ift.tt/3f4m0Xl

Morrisons scraps 'use by' date on milk in favour of sniff test

The supermarket says a sniff test is a better guide to quality - with 'best before' labels used instead. from BBC News - Business https://ift.tt/3HSqe0T

Labour urges energy firm tax hike to help cut household bills

The party says a windfall tax could soften the the impact of surging household costs by £200 a year. from BBC News - Business https://ift.tt/33cf6wG

Covid-19: Cutting self-isolation to five days would be helpful says Nadhim Zahawi

The UK's former vaccines minister says reducing the quarantine period would ease staff pressures. from BBC News - Business https://ift.tt/3zN9QvO

Cladding: More flat owners to be freed from bills

Developers to be told to pay for removal of cladding in lower-height buildings, the BBC understands. from BBC News - Business https://ift.tt/3f3elsw

Ladbrokes claimed £102m furlough despite online boost

Entain revenues rose in the pandemic as online betting made up for trade lost at betting shops. from BBC News - Business https://ift.tt/3G2gn80

NFT marketplace OpenSea valued at more than $13bn

Worldwide trade in digital collectables was worth $40.9bn (£30.1bn) last year, a report suggests. from BBC News - Business https://ift.tt/3F05EJW

Lithuania wobbles after daring to defy China

It stood up to China over Taiwan, but this week Lithuania's president said it made a mistake. from BBC News - Business https://ift.tt/3zGCjmY

The woman working to get unwanted food to the hungry

Maria Rose Belding explains how she started a US database to distribute unwanted food to the hungry. from BBC News - Business https://ift.tt/3t4MpwH

Caviar sales soar as more people get a taste for posh fish eggs

Global producers of caviar say that demand has soared since the first lockdown. from BBC News - Business https://ift.tt/3EY9R0O

British farmers unhappy as Asda retracts beef promise

The National Beef Association is 'deeply disappointed' that Asda reneged on its 100% British beef promise. from BBC News - Business https://ift.tt/3G2f7Sr

Taiwan setting up $200m Lithuania fund amid China row

China downgraded its diplomatic relations with Lithuania after Taiwan opened a de facto embassy there. from BBC News - Business https://ift.tt/3t2vD15

Drivers overcharged by £5m a day for petrol, claims RAC

The RAC accuses petrol retailers of ripping off motorists by not passing on wholesale price cuts. from BBC News - Business https://ift.tt/3nlTkhp

Vodafone and EE delay EU roaming charges return

Vodafone joins EE in delaying its planned January date for EU roaming charges. from BBC News - Business https://ift.tt/3n23enZ

Electric car sales soar, but chip shortage hits market

Electric cars sales surged last year, but the SMMT warns that charging infrastructure needs investment. from BBC News - Business https://ift.tt/3n0bCEA

CEO Secrets: 'Make decisions as if you were on your deathbed'

Michael Cockburn, co-founder of office-working app Desana, shares his business advice. from BBC News - Business https://ift.tt/3sZgJJ4

Cost of living: Government discusses fuel bill support

Targeted energy cost support is emerging as the favourite option to tackle the cost of living crisis. from BBC News - Business https://ift.tt/3HCiP5A

Labour calls again for 5% VAT cut on energy bills

Angela Rayner says rising living costs are hitting families hard, but Boris Johnson insists help is available. from BBC News - Business https://ift.tt/3pWp0LT

Kantar: Shoppers return to supermarkets for festive feasts

Store visits hit their highest level since March 2020 as consumer confidence returned, research suggests. from BBC News - Business https://ift.tt/3mYg6vp

Covid: Travel firms call for removal of testing rules

With case rates of the Omicron variant so high, airlines say testing passengers is having no real impact. from BBC News - Business https://ift.tt/34oXsq7

China investment firm's shares slump after $6.6bn bailout

The firm's former chairman Lai Xiaomin was executed last year after being found guilty of corruption. from BBC News - Business https://ift.tt/3qW2e6e

China Mobile shares rise in Shanghai debut after US exit

The company delisted in New York after a Trump-era move to restrict investment in Chinese tech firms. from BBC News - Business https://ift.tt/3pUGckX

Can a solar-power fridge get more people vaccinated?

A fridge designed for areas with no electricity is now helping dispense Covid vaccines in Kenya. from BBC News - Business https://ift.tt/3FVibQf

Is there a better way to make new resolutions stick?

There are lots of apps that promise to make you healthier and happier but are they any good? from BBC News - Business https://ift.tt/3HANGiK

Asus recalls product after users 'smell smoke'

The computer company has had a "few" complaints and warned some 2021 models could be affected. from BBC News - Business https://ift.tt/32Goj0x

China: Evergrande shares rise as Hong Kong trade resumes

The crisis-hit company suspended its shares on Monday pending the release of "inside information". from BBC News - Business https://ift.tt/3JGvGpi

Apple becomes first firm to hit $3tn market value

The firm's value more than doubled during the pandemic as people bought more gadgets during lockdowns. from BBC News - Business https://ift.tt/3zlzgjI

Why BlackBerry held the tiny keys to my heart

The classic smartphone's life comes to an end on 4 January as the firm switches off support. from BBC News - Business https://ift.tt/3eNNQqS

Elon Musk: Tesla criticised after opening Xinjiang showroom

The world's most valuable car maker opened the new showroom in the city of Urumqi on New Year's Eve. from BBC News - Business https://ift.tt/3JzYuQl

Elizabeth Holmes: Theranos founder convicted of fraud

A jury found the Silicon Valley ex-CEO guilty on four of 11 counts after seven days of deliberations. from BBC News - Business https://ift.tt/3pSnb2C

UK steel future uncertain without US tariffs deal

Europe has reached an agreement over Trump-era taxes but the UK is still facing 25% tariffs. from BBC News - Business https://ift.tt/3sUL4bu

Turkey's inflation hits 36% amid financial turmoil

The cost of living hits a 19-year high as the country refuses to raise its interest rates. from BBC News - Business https://ift.tt/3eMKLaE

Covid staff shortages set to continue into New Year

Pub groups and retailers warn that sickness and isolation continue to blight their businesses. from BBC News - Business https://ift.tt/3mQhfoV

Top US phone firms reject call to delay 5G rollout

Transportation and aviation authorities called for a delay of two weeks on safety concerns. from BBC News - Business https://ift.tt/31iD48Q

China: Evergrande suspends shares in Hong Kong as firm tries to raise cash

The move comes as the debt-laden property developer struggles to raise cash to meet its obligations. from BBC News - Business https://ift.tt/3zhOlTo

China: Why some think "small eyes" are not beautiful

Brands featuring Chinese models with narrow eyes in advertisements have been accused of racism. from BBC News - Business https://ift.tt/3JCGFA4

Marjorie Taylor Greene: Twitter bans congresswoman over Covid misinformation

The congresswoman was suspended after tweeting falsely about high levels of vaccine related deaths. from BBC News - Business https://ift.tt/3sVhsL9

Gas prices: MPs and peers urge PM to act on energy bills

Five ex-ministers are among those saying Boris Johnson should cut VAT and green levies to help households. from BBC News - Business https://ift.tt/34fKElR

Covid: Workplaces told to plan for absences of up to 25%

Rising Covid cases could see a worst case scenario of up to a quarter of staff off work, the government says. from BBC News - Business https://ift.tt/3EQgkut