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Showing posts from June, 2022

Cost of living: Families who care for relatives' children in crisis

Laura took in her two half-siblings six years ago, but says she is now struggling as prices soar. from BBC News - Business https://ift.tt/sApSobQ

US stocks see worst first half drop in more than 50 years

The S&P 500 index dropped by more than 20%, while major indexes around the world also fell sharply. from BBC News - Business https://ift.tt/LNCnfGQ

UK sandwich chain Pret A Manger to launch in India

Indian conglomerate Reliance Industries will open outlets across the country under a franchise deal. from BBC News - Business https://ift.tt/OZnaC7V

TV ad breaks could get longer as rules are reviewed

The frequency of advertising breaks will be reviewed by Ofcom, which says it will consult viewers. from BBC News - Business https://ift.tt/BKgpCSa

Bulb boss Hayden Wood to step down from collapsed energy firm

Hayden Wood had stayed on with a £250,000 salary after the government put the company into administration. from BBC News - Business https://ift.tt/NlwqCi9

Hello Kitty firm strikes China deal after viral hit

Shares of Japanese company Sanrio rose by almost 14% in Tokyo after the agreement was announced. from BBC News - Business https://ift.tt/1c8FvAL

Pride: Amazon restricts LGBT goods in United Arab Emirates

The online retail giant says it has to comply with the laws of the countries in which it operates. from BBC News - Business https://ift.tt/qsACrRt

Google sign-up a 'fast track to surveillance', consumer groups say

Ten European consumer organisations join forces to launch complaints to privacy and data regulators from BBC News - Business https://ift.tt/AYxm8kr

Petrol station staff abused over high fuel prices

There is a "huge increase" of abuse by drivers angry at the price at the pump, forecourt operators say. from BBC News - Business https://ift.tt/0kZzREK

Firms warn time is running out to save UK economy

The boss of a business lobby group will call for more help for companies struggling with rising costs. from BBC News - Business https://ift.tt/evLwGpU

Heathrow Airport announces more flight cancellations

The cancellations are because more passengers are expected at the airport than it can cope with. from BBC News - Business https://ift.tt/0LsrxOb

Energy bill and tax rebate scams on the rise

Younger age groups are often the main target for fraud, banking industry group says. from BBC News - Business https://ift.tt/C2ZSnvI

Airbnb permanently bans parties and events around the world

The firm said a temporary ban on parties, which was introduced in August 2020, was popular with hosts. from BBC News - Business https://ift.tt/70hciNm

Firms say government price cut 'slap in the face'

A group says a government campaign asking businesses to cut prices is unrealistic for small firms. from BBC News - Business https://ift.tt/kaYHTnR

Rail workers outdated, says Transport Secretary

Union rejects comments by Grant Shapps suggesting that updates are needed to railway working practices. from BBC News - Business https://ift.tt/LdkFP3S

Poundland boosts £1 products in battle for shoppers

The discount chain says it is seeing a rise in customer numbers as people seek savings. from BBC News - Business https://ift.tt/AkcmBb8

UK decides AI still cannot patent inventions

Many experts doubted AI was currently able to invent without human assistance, a consultation found. from BBC News - Business https://ift.tt/1ULEybP

Ukraine war: Russian fashion designers feel sanctions bite

Designers at Moscow Fashion Week wonder how they can stay in business without access to imported materials. from BBC News - Business https://ift.tt/vmJF9u0

Post Office workers to strike over pay

The one-day strike will take place on 11 July over what a union called a "massive real-terms pay cut". from BBC News - Business https://ift.tt/Vy3RGEd

Sainsbury's pressed to join real living wage scheme

Shareholders call for the supermarket to make an ongoing commitment to paying higher wages. from BBC News - Business https://ift.tt/9u4rZV2

Plan to cut energy bills if you avoid peak-time use

Some households could get discounts for using less energy at peak times under National Grid's scheme. from BBC News - Business https://ift.tt/73uq9mb

Landlord warning over tenant eviction laws in Scotland

The Scottish Parliament will decide whether emergency Covid powers should be made permanent. from BBC News - Business https://ift.tt/hMqARTu

Hobbycraft to open three new stores as profits rise

Hobbycraft sees a rise in profits in the 2022 financial year but predicts a "challenging" future. from BBC News - Business https://ift.tt/r6mnYij

G7 summit: Leaders detail $600bn plan to rival China's Belt and Road initiative

The revamped plan will see fresh funds being injected into development projects in Asia and Africa. from BBC News - Business https://ift.tt/jQ1MgDk

Japan urges 37 million people to switch off lights

Officials have asked people in Tokyo and its surrounding area to turn off lights amid a heatwave. from BBC News - Business https://ift.tt/2vfIBgF

Boris Johnson signals controls on steel imports to stay

The government says the move would protect British producers at a time of rising energy costs. from BBC News - Business https://ift.tt/d5DJH1b

Thousands of PwC staff to get 9% pay rise to offset cost of living

The accountancy firm's chairman Kevin Ellis says the company "can't ignore market pressures". from BBC News - Business https://ift.tt/TL6bCXq

Roe v Wade: US firms pledge to pay staff travel expenses for abortions

Disney, JP Morgan and Meta are among the companies to confirm such policies after the Roe v Wade ruling. from BBC News - Business https://ift.tt/BdubRLg

Hajj travellers unable to fly due to ticket delay

Some British Muslims who booked pilgrimages to Mecca could not fly after problems with a new system. from BBC News - Business https://ift.tt/3wnFhR5

Ukraine war: UK joins ban on imports of Russian gold

The move by the UK, US, Canada and Japan will "strike at the heart of Putin's war machine", the UK PM says. from BBC News - Business https://ift.tt/odYALBc

Russia on brink of default as debt deadline looms

The country is close to its first default since 1998 as sanctions block payments to creditors from BBC News - Business https://ift.tt/RTAnHBd

Union rejects Rolls-Royce £2,000 living-cost bonus

Unite has rejected the offer of a lump sum and pay rise for thousands of Rolls-Royce staff. from BBC News - Business https://ift.tt/cKRO0XW

Rail strikes: Travellers braced for third day of disruption

People are advised to only travel by train if necessary, with just a fifth of services running. from BBC News - Business https://ift.tt/LUb2rV7

Rail strikes: Travel disruptions continue after talks to stop third walkout fail

People are told to make only necessary journeys, with one in five services running on Saturday. from BBC News - Business https://ift.tt/Szbnq9u

Row over M&S plan to redevelop flagship store

The government is calling a review of the plans which include a smaller shop, offices and a gym. from BBC News - Business https://ift.tt/6GKMNTY

Robinsons ends Wimbledon sponsorship after 86 years

The soft drink has had a partnership with the tennis championships since the mid-1930s. from BBC News - Business https://ift.tt/3MOBmFs

Risk of further BA strikes as more staff consulted

The airline's engineers and call centre workers in the UK are being consulted over industrial action. from BBC News - Business https://ift.tt/X48CpoT

Retail sales fall as people cut back on food shopping

Sales dropped 0.5% in May as households spent less on food due to the rising cost of living. from BBC News - Business https://ift.tt/Qm5ir9E

Toyota recalls electric cars over concerns about loose wheels

The bZ4X is the Japanese motor industry giant's first mass-produced all-electric vehicle. from BBC News - Business https://ift.tt/vLqb0z9

Two killed as Nio electric car falls from third floor office in Shanghai

Pictures show a gaping hole in the side of carmaker Nio's Shanghai HQ, and a smashed vehicle below. from BBC News - Business https://ift.tt/MIYLqjU

Train strikes: Why haven't they caused more disruption?

The post-pandemic shift to working from home means disruption caused by the strikes has been more limited. from BBC News - Business https://ift.tt/wg76Cep

Netflix cuts 300 more jobs after subscriptions fall

In April the streaming giant reported its first subscriber loss in more than a decade. from BBC News - Business https://ift.tt/bKyD7rl

Rail strike: Law change would allow agency staff to cover industrial action

Ministers say the plan, which needs Parliament's approval, would limit the impact of future strikes. from BBC News - Business https://ift.tt/aubW3A1

Government borrowing falls as tax income rises

The amount the government borrowed in May fell compared to a year earlier but remains above pre-Covid levels. from BBC News - Business https://ift.tt/3lhc7it

New Tesla factories losing billions of dollars, Musk says

Elon Musk said the Covid-19 lockdown in Shanghai was "very difficult" for the electric car maker. from BBC News - Business https://ift.tt/rZ5QvWx

Brics summit: Members push for global clout amid Ukraine war

Leaders from India, Russia, China, Brazil and South Africa meet amid major shifts in geopolitics. from BBC News - Business https://ift.tt/GyOfu1X

Chinese man jailed for sexual assault of Alibaba employee on work trip

The woman was assaulted after being made to drink on a work trip, and then fired after going public. from BBC News - Business https://ift.tt/kdaqHnl

Just 100 days left to spend paper £20 and £50 notes

It will soon be impossible to pay in shops with the notes, which are being replaced by plastic versions. from BBC News - Business https://ift.tt/0eAFbuB

Twitter tests 'notes' feature with 2,500 word limit

The trial will let some users share "notes" beyond the normal 280-character limit for posts. from BBC News - Business https://ift.tt/CvqZRwp

Ankur Warikoo, Rachana Ranade: The YouTubers Indians turn to for financial advice

Finance YouTubers are riding high as millions turn to them for advice and brands seek collaborations. from BBC News - Business https://ift.tt/RQHa4Cc

Train strikes: How did passengers cope with day one?

As services ground to a halt, figures suggest commuters turned to bikes, taxis or decided to work from home. from BBC News - Business https://ift.tt/WYntrEb

Asda says some shoppers setting £30 limit at tills

Rising food prices are sparking a "massive change in behaviour", the supermarket's chairman says. from BBC News - Business https://ift.tt/v9SY2LG

Ofgem blamed as supplier failures lead to higher energy bills

Billpayers are hit with £94 extra a year after 28 companies collapsed due to energy price hikes. from BBC News - Business https://ift.tt/rw6lQUz

Call to extend electrical safety checks to social housing

A charity says mandatory checks in England's private rental sector had unearthed thousands of serious hazards. from BBC News - Business https://ift.tt/lpkcAY8

Rail strikes: 'Working from home just isn't an option'

Despite the rise in working from home in the pandemic, nearly half of workers in Britain commute each day. from BBC News - Business https://ift.tt/KA5yZNI

EasyJet Spain cabin crew set to strike in July

Flight attendants may walk-out for nine days in July, adding to holiday woes for travellers. from BBC News - Business https://ift.tt/0szIq1x

Brewdog approached Heineken about partial sale

Brewdog’s CEO was involved in preliminary discussions in 2018 about a potential sale of part of the beer firm. from BBC News - Business https://ift.tt/l7KLvA0

Food bills are set to soar by £380 this year

As grocery prices rise at their highest pace in 13 years, experts warn there are more hikes to come. from BBC News - Business https://ift.tt/FdvUMg8

Cadbury owner buys US energy bar maker Clif for $2.9bn

Mondelez International also owns a number of other global brands including Oreo, Toblerone and Milka. from BBC News - Business https://ift.tt/ljz4cAi

Cost of living: Rolls Royce staff to get £2,000 payment

More than 14,000 workers could get a one-off sum after firm holds talks with union. from BBC News - Business https://ift.tt/jHBhT91

US ban on imports from China's Xinjiang to take effect on Tuesday

Officials believe many Uyghurs have been forced to work at factories in the landlocked territory. from BBC News - Business https://ift.tt/SvEyMqo

Rail strikes: RMT says ministers prevented deal

The RMT blames the "dead hand" of government but ministers say unions are opposing progress. from BBC News - Business https://ift.tt/3aD5nio

'Rail strikes have lost us £500,000 of bookings'

Businesses, commuters and pupils sitting exams anticipate disruption from this week's train strikes. from BBC News - Business https://ift.tt/5EtwD21

New rules proposed for buy now pay later

The loans are used by millions but ministers want checks on affordability and clearer advertising. from BBC News - Business https://ift.tt/j4Ilib9

Primark finally goes online in new click-and-collect trial

The retailer will trial click-and-collect at stores after long resisting selling on the internet. from BBC News - Business https://ift.tt/gEVCXq1

Rail strike: Travellers face reduced service ahead of rail strikes

Last-minute talks are due to take place, but passengers are advised to avoid travel as services prepare to wind down. from BBC News - Business https://ift.tt/3aD5nio

EasyJet to cut more flights over summer holidays

The airline has scaled back its plans after major airports announced caps on flight numbers. from BBC News - Business https://ift.tt/Alkrvwc

Ukraine war: Russia becomes China's biggest oil supplier

Chinese energy giants have been ramping up imports of heavily discounted Russian oil in recent months. from BBC News - Business https://ift.tt/7THmXb4

Global inflation: Five ways US rate rise will affect you

The impact of higher interest rates in the US will cascade through the global economy. from BBC News - Business https://ift.tt/5OsFkd9

Energy bills: Watchdog plans to prevent company closures

Ofgem says it wants to help energy firms be more resilient and better protect consumers if they do fail. from BBC News - Business https://ift.tt/ABcvZCt

Train strikes: Dispute still resolvable, says industry boss

More talks between management and unions are expected on Monday - the day before strikes begin. from BBC News - Business https://ift.tt/pRSFvdC

Rail strikes will punish innocent people, transport secretary says

But union leaders blame politicians for failing to stop the strikes, which will begin on Tuesday. from BBC News - Business https://ift.tt/C0WuN2D

Interest-free loan scheme aims to reach 20,000 people

People struggling with their finances can access small, zero-cost loans as part of a nationwide trial. from BBC News - Business https://ift.tt/rCJWv8m

Companies must help cut living costs, says new cost of living tsar

The government's new cost of living tsar says he wants "old friends and colleagues... to help the British people". from BBC News - Business https://ift.tt/Iy3p5zT

Big Tech must deal with disinformation or face fines, says EU

Tighter EU rules will demand firms such as Google and Meta tackle disinformation on their platforms. from BBC News - Business https://ift.tt/RXBzLQM

Cosmetics maker Revlon files for bankruptcy in US

The 90-year-old firm says supply chain disruptions have driven up the cost of raw materials. from BBC News - Business https://ift.tt/pz3KtP9

Sri Lanka should have gone to IMF sooner, says central bank governor

An International Monetary Fund team is due to arrive in the capital Colombo for talks on Monday. from BBC News - Business https://ift.tt/yR4Tbxj

Food spending and mental health hit by rising prices, BBC survey reveals

More than eight in 10 people say they are worried about the cost-of-living, a BBC survey suggests. from BBC News - Business https://ift.tt/9zHu5SE

Three things we're cutting back on as prices rise

People in Birmingham and Kent tell the BBC how they are cutting back to cope with the cost of living crisis. from BBC News - Business https://ift.tt/k8m0dHg

Asos hit as rising prices see shoppers return more

The online retailer says "inflationary pressures" are leading its customers to send back orders. from BBC News - Business https://ift.tt/ULFNgHX

Eight million Australians urged to turn off lights

Australia's energy minister has urged households to use less electricity in the face of a power crisis. from BBC News - Business https://ift.tt/WcR8swN

Renting: No-fault evictions to be banned in England

The Renters Reform Bill will also end blanket bans on benefit claimants or families with children. from BBC News - Business https://ift.tt/yx4OlhR

El Salvador: The country where you can buy anything with Bitcoin

The cryptocurrency crash is hurting many investors, including one country that has bet big on Bitcoin. from BBC News - Business https://ift.tt/gycnOVM

Gazprom: Germany accuses Russian gas giant of pushing energy prices up

Russian giant Gazprom says it will cut the amount of gas it sends to Germany by more than half. from BBC News - Business https://ift.tt/7KbU9c4

El Salvador's Bitcoin pet hospital

The Chivo Pets animal hospital, which opened in El Salvador in February, provides whatever care an animal needs for just 25 cents - as long as payment is made with a Bitcoin app. from BBC News - Business https://ift.tt/M0r7zc3

Summer food prices to rise quickly, say grocery analysts

There will be a spike in food prices this summer, the Institute of Grocery Distribution predicts. from BBC News - Business https://ift.tt/g1Uj4XH

Paddy Power ad ban for gambling taking priority

The banned advert shows a man failing to pay full attention to his wife's words while using a betting app. from BBC News - Business https://ift.tt/wlU6MKG

Cost of living: Families can help pensioners claim benefits

Relatives should check pensioners are making claims as an estimated 850,000 households are missing out. from BBC News - Business https://ift.tt/QPNOElY

Russia's economy in for a bumpy ride as sanctions bite

Four months after Russia invaded Ukraine, the economy still works but it lacks some of its parts. from BBC News - Business https://ift.tt/lqQ4d9K

Ryanair Afrikaans test: Airline drops controversial South African quiz

Boss Michael O'Leary responds to the row by saying that the quiz "doesn't make sense anymore". from BBC News - Business https://ift.tt/CKYhM8q

Job vacancies rise to record of 1.3 million

The number of vacancies rose again, figures show, but regular pay is failing to keep up with inflation. from BBC News - Business https://ift.tt/E6M14rp

US manufacturers pledge to address tampon shortage

It comes as the Ukraine war is making the raw materials used in sanitary products more costly. from BBC News - Business https://ift.tt/Sc7jTBw

Musk to hold first meeting with Twitter staff this week

The Tesla boss has warned he may quit his takeover deal over the number of fake accounts on the platform. from BBC News - Business https://ift.tt/vuiFlWN

Amazon to begin drone deliveries in Lockeford, California this year

The shopping giant hopes to deliver parcels to shoppers by air for the first time later in 2022. from BBC News - Business https://ift.tt/9ocEdVM

Disney's Buzz Lightyear film banned by UAE

Disney's Toy Story spin-off, which contains a same-sex kiss, won't be shown in the country's cinemas. from BBC News - Business https://ift.tt/6Ezi1S3

Why is inflation in US higher than elsewhere?

A surge in government spending drove US inflation to the highest of advanced economies last year. from BBC News - Business https://ift.tt/0fxzRgc

Petrol prices hit new high as urgent review ordered

Concerns continue that a 5p fuel duty cut is not being passed on to drivers quickly enough. from BBC News - Business https://ift.tt/UHYPcTs

Heathrow: Passenger numbers continue to rise despite aviation struggles

The hub airport says passenger numbers were at 79% of pre-coronavirus levels last month. from BBC News - Business https://ift.tt/2ivTObC

UK economy shrinks as firms battle higher prices

The economy contracted by 0.3% in April after it shrank by 0.1% in March, official figures show. from BBC News - Business https://ift.tt/PGfBjCI

South Korea lorry driver strike hits car and steel producers

Thousands of truckers have stopped work over their demands for more pay as they face rising fuel costs. from BBC News - Business https://ift.tt/NXrsWtF

Cost of living: Stock markets slide over global economy concerns

It comes as official figures showed that US inflation hit a more than 40-year high last month. from BBC News - Business https://ift.tt/MZfToOY

UK farmers turn to Nepal and Tajikistan for fruit pickers

No longer able to rely on workers from places like Ukraine, the UK is recruiting from further afield. from BBC News - Business https://ift.tt/scpCkrn

Dragons' Den star Hilary Devey dies aged 65

Hilary Devey died at her holiday home in Morocco after a long illness, her former agent confirms. from BBC News - Business https://ift.tt/N8cF5wO

Fuel prices: Petrol stations face urgent review of fuel duty cut

The business secretary wants to know if a 5p fuel duty cut is being passed on quickly enough to drivers. from BBC News - Business https://ift.tt/RTUE8mD

Russia unveils 'tasty' McDonald's substitute

The fast food outlets are rebranded as "Tasty and that's it" after the burger giant pulled out. from BBC News - Business https://ift.tt/meMBbPi

Hajj-Muslim pilgrims face losing out from online booking to Mecca

The Saudi government wants Muslims to book online for Mecca but many have already paid tour agents. from BBC News - Business https://ift.tt/Chn0Xq8

Rail strike: Agency staff could cover future disruption

The transport secretary says he is preparing to overhaul rules, as rail workers prepare to walk out. from BBC News - Business https://ift.tt/HGzUhm1

Aukus: Australia to pay €555m settlement to French firm

The €555m settlement draws a line under a row that threatened to torpedo EU-Australia trade talks. from BBC News - Business https://ift.tt/a4tfxR1

Forecourt fuel thefts rise as petrol prices soar

There has been an increase in motorists driving off without paying or claiming they have no wallet. from BBC News - Business https://ift.tt/Dlbn0WU

Fuel price rises hit ice cream van trade

Rising fuel prices will cost ice cream van owners their livelihoods, according to a trade body. from BBC News - Business https://ift.tt/fDyijA6

Rail strikes and flight cancellations: Are UK travellers heading for a summer of misery?

After two years of Covid rules, airline disruption and rail strikes risk overshadowing the summer. from BBC News - Business https://ift.tt/2LFomXh

Top student loan interest rate cut by 5% in England

The government says the 7.3% cap offers "peace of mind for graduates" as the cost of living grows. from BBC News - Business https://ift.tt/v04hqMm

Budgeting: 'I’ll walk to the next shop just to save 5p'

Single mum Safina has taken an extreme approach to saving money since her events business collapsed. from BBC News - Business https://ift.tt/4h1tAWq

Morrisons raises pay as stores battle for staff

The UK's fourth largest supermarket says it will pay a minimum of £10.20 per hour to its workers. from BBC News - Business https://ift.tt/ZezWkmF

Fuel prices: 'Help us out', says carer on brink of quitting

A carer who regularly drives more than 600 miles a week for work says she may give up the job. from BBC News - Business https://ift.tt/QZbaW9j

YouTube accused of failing to tackle fake Elon Musk livestream scams

YouTube is being criticised for failing to tackle a network of scammers streaming fake Elon Musk videos. from BBC News - Business https://ift.tt/rmosTOG

Russia's new version of McDonald's unveils logo

It comes as the fast food chain is due to reopen 15 of the rebranded restaurants this weekend. from BBC News - Business https://ift.tt/EC6MFTD

Rishi Sunak accused of wasting £11bn servicing government debt

Chancellor Rishi Sunak has been caught out by interest rate rises, a research institute says. from BBC News - Business https://ift.tt/8Wzxbju

Refineries cash in as petrol prices soar

A lack of capacity to process crude oil has helped to drive fuel prices to record levels from BBC News - Business https://ift.tt/1i45CRI

Covid-19: Japan reopens to tourists - but with strict rules

The once-popular Asian destination has some of the world's toughest Covid-19 restrictions. from BBC News - Business https://ift.tt/FBQr0iW

Storm Arwen: Up your game, Ofgem tells energy firms

The regulator says firms must do better to prevent power cuts and get people back on supply quicker. from BBC News - Business https://ift.tt/bgqcj70

Climate change: New Zealand's plan to tax cow and sheep burps

It would make it the first country to charge farmers for the methane emissions from their animals. from BBC News - Business https://ift.tt/VFNPCWb

Boris Johnson tries to reset leadership with housing pledges

He is expected to give a new right-to-buy pledge and suggest benefits should count towards mortgages. from BBC News - Business https://ift.tt/oIw1Xv9

Cost of living: The shock of rising prices in Japan

Why making Japan's favourite snack more expensive was so controversial it prompted an ad campaign. from BBC News - Business https://ift.tt/E0x6jfm

Dunsfold oil drilling application approved by government

Waverley council says it is "the worst possible outcome" and could lead to "irreversible harm". from BBC News - Business https://ift.tt/kfdiTtl

Ukraine war: WTO boss warns of global food crisis

If food shipments do not restart from Ukraine, a severe food crisis will last for years, WTO boss says. from BBC News - Business https://ift.tt/H4iEugb

Sri Lanka crisis: Prime minister says $5bn needed this year

The country's prime minister says the money would be used to pay for basic items like food and food. from BBC News - Business https://ift.tt/KF9oRdG

Rail strikes: Fresh talks urged to avoid disruption

The RMT union and the rail industry both say they want to try and get a deal to avoid June strikes. from BBC News - Business https://ift.tt/m7EOQKn

Uber powers emergency food deliveries in Ukraine

Uber has built a "private-label" version of its delivery platform to help the UN deliver food and water. from BBC News - Business https://ift.tt/nfu5Bxg

EU sets date for common phone charge cable

The EU has provisionally agreed new mobile devices must, by autumn 2024, use the same type of charger. from BBC News - Business https://ift.tt/aC2heSw

Buy now, pay later: Warning over use of credit cards to cover payments

Millions of young shoppers are borrowing money to make buy now pay later repayments, says Citizens Advice. from BBC News - Business https://ift.tt/wFAb3V9

HS2: Government scraps plans for £3bn West Coast Main Line link

Rail bosses react angrily to the scrapping of plans for the line in Cheshire and Greater Manchester. from BBC News - Business https://ift.tt/7VxbrWm

KFC Australia swaps lettuce for cabbage amid crisis

It comes as Australian shoppers have been hit with soaring prices for some fresh fruits and vegetables. from BBC News - Business https://ift.tt/ltvfi5h

Top Gun maker Paramount sued over copyright breach

The lawsuit claims the film studio did not have the rights to release Top Gun: Maverick. from BBC News - Business https://ift.tt/9kO3hXA

AstraZeneca boss: I don't think I would do anything differently

Pascal Soriot was knighted in the Queen’s Jubilee birthday honours for his contributions to science. from BBC News - Business https://ift.tt/nh3J2rT

South Africa: Wealthy Gupta brothers arrested in UAE

The pair are accused in South Africa of large-scale corruption and exerting unfair political influence. from BBC News - Business https://ift.tt/s1aJiPr

Shoppers spent less for second month in a row, says BRC

Shoppers are buying footwear and beauty items, but not furniture and electronics, new figures suggest. from BBC News - Business https://ift.tt/1C9AumR

Revolut's banking app crashes for some customers

The fintech firm says it is working to fix the problem "as soon as possible". from BBC News - Business https://ift.tt/X8AI4Gc

Mercedes recalls almost 1m cars over faulty brakes

The German carmaker said the brakes of some older cars may be affected by "advanced corrosion". from BBC News - Business https://ift.tt/0rgyh6N

The workers getting 100% pay for 80% of the hours

The biggest ever trial of a four-day week gets under way with up to 70 firms taking part. from BBC News - Business https://ift.tt/310CKp6

Flight cancellations: Children and teachers stranded abroad as school starts

Hundreds of flights cancelled over the half-term break mean some pupils are missing the start of school. from BBC News - Business https://ift.tt/tiCW3oB

Love Island stylist curates second-hand wardrobe for show

For the first time, ITV's Love Island contestants will be dressed in pre-owned clothes. from BBC News - Business https://ift.tt/WI78cjD

Shortage of homes to rent leads to tenant bidding wars

Tenants are going to great lengths to secure a home from offering big deposits to sharing photos of their dogs. from BBC News - Business https://ift.tt/Zduc6ks

Easyjet cancels 80 flights as travel disruption continues

Airlines continue to cancel flights as travel secretary says industry must solve labour shortages. from BBC News - Business https://ift.tt/z2eKwdD

Post Office strike: Workers to walk out over pay dispute

More than 110 Post Offices close for 24 hours as staff walk out in a dispute over pay. from BBC News - Business https://ift.tt/U9XCDd4

Ukraine war: Marriott hotel chain to leave Russia after 25 years

Marriott says Western sanctions have made it "impossible" to continue to remain in Russia. from BBC News - Business https://ift.tt/vgZ7Emb

London's iconic Camden Market put up for sale

The market's billionaire owner is reportedly hoping a deal will net him as much as £1.5bn. from BBC News - Business https://ift.tt/r3qDdn0

US firms add more jobs than expected in May

Key data shows that employers added 390,000 jobs while the jobless rate stayed at 3.6%. from BBC News - Business https://ift.tt/cQ9v5OL

Ukraine lifts interest rate to highest in Europe

In a bid to fight off high inflation, the war-torn country's central bank has lifted borrowing costs. from BBC News - Business https://ift.tt/7ZNdVt4

Shoppers not returning to Scotland's stores

Scottish shopper footfall was 16.4% down on the same month in the year before the pandemic. from BBC News - Business https://ift.tt/MCa5j0J

Investors seek millions from Woodford fund collapse

A claim representing 1,500 investors wants £18m from the 'referee' of Neil Woodford's fund. from BBC News - Business https://ift.tt/jn28VUR

Chicken rice: Why Singapore's much-loved dish is under threat

The city state is feeling the impact of Malaysia's export curbs on chicken. from BBC News - Business https://ift.tt/qzbpPka

Travel industry plea for overseas workers rejected

The government rejects firms' request for special visas to fill thousands of vacancies before summer. from BBC News - Business https://ift.tt/5jkuRJC

Passengers advised to fly with just one bag

Travellers should not check-in luggage to avoid delays at airports, say industry figures. from BBC News - Business https://ift.tt/0ZoNeCa

Missguided shoppers left chasing orders and refunds

The fast fashion brand has found a buyer but shoppers say they are still waiting for deliveries and refunds. from BBC News - Business https://ift.tt/zG9ME8x

Shanghai lockdown: The punishing cost on small businesses

Hairdresser Martin Li, who had to close his salon, was one of many business owners who suffered. from BBC News - Business https://ift.tt/RrFyJXt

Why the Ukraine war may power Asia's green energy shift

A growing number of South Korean businesses are betting on hydrogen as they move to cleaner energy. from BBC News - Business https://ift.tt/g16odQe

Sheryl Sandberg to leave Facebook after 14 years

Her departure comes as the social media company faces challenges, including a slowdown in ad sales. from BBC News - Business https://ift.tt/7Kivhjl