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Showing posts from August, 2023

House prices see biggest yearly decline since 2009

Nationwide says higher borrowing costs have led to a slowdown in activity in the housing market. from BBC News - Business https://ift.tt/SHGmoD9

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

The firm says the move may allow it ultimately to produce light artillery inside Ukraine. from BBC News - Business https://ift.tt/rdE1HKB

Train strikes: Passengers face disruption from two strike days

The train drivers' union, Aslef, and the RMT union will take part in strike action over pay and jobs. from BBC News - Business https://ift.tt/i1mtdWj

Storm power cuts: Maximum compensation nearly triples to £2,000

The energy watchdog has hiked the amount households and businesses can receive from £700 to £2,000. from BBC News - Business https://ift.tt/FHsqQ6B

Pret a Manger fined over London worker stuck in freezer

The woman, who was wearing only jeans and a T-shirt, was stuck for two and a half hours. from BBC News - Business https://ift.tt/uJUM3ps

Country Garden: Debt crisis-hit China property giant in record loss

Country Garden reported a record $6.7bn loss for the first six months of the year. from BBC News - Business https://ift.tt/wDE4s2X

How long until a robot is doing your chores?

Advances in AI are accelerating the development of humanoid robots. from BBC News - Business https://ift.tt/ubGyDMT

Wilko: Warning warehouse staff face redundancy

Job cuts may resume on Thursday if the current bidder does not submit the necessary paperwork in time. from BBC News - Business https://ift.tt/8Mzky04

Families worry over cancelled flight expense costs

Passengers are having to fork out for food, travel and accommodation, but are worried about costs. from BBC News - Business https://ift.tt/WAvpxwd

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

Women will keep the right to the same pay as men doing similar jobs in what Labour says is a government U-turn. from BBC News - Business https://ift.tt/MonJitO

Scams impersonating financial regulator double

The Financial Conduct Authority says reports of scammers impersonating it have doubled. from BBC News - Business https://ift.tt/9BA5Khl

Network Rail axes bonuses for staff who went on strike

Network Rail has withheld bonuses from union members who took part in strike action during a pay dispute. from BBC News - Business https://ift.tt/2PcChrb

Ryanair says air traffic failure is not acceptable

Airline boss Michael O'Leary asks why there was no back-up system after glitch causes travel chaos. from BBC News - Business https://ift.tt/Uxq8vn5

Wilko: GMB union seeks government meeting over administrators

The GMB union said bidders had reported "difficulties" engaging with administrators PwC. from BBC News - Business https://ift.tt/BQsUKgX

Price rises in shops at lowest for nearly a year

The retail trade body, British Retail Consortium, says price rises are slowing but remain high. from BBC News - Business https://ift.tt/Jbde83s

Toyota halts all Japan assembly plants due to glitch

The world's largest car maker is investigating a system fault but says a cyber attack is unlikely. from BBC News - Business https://ift.tt/Tku2BYN

Ulez expanded to include whole of outer London

Drivers must pay a £12.50 charge per day for driving a non-compliant vehicle in the zone from BBC News - Business https://ift.tt/iU2TmuS

Why empty lorries are a problem and how to fix it

With one third of lorries in the UK driving empty, some hauliers are turning to technology for help. from BBC News - Business https://ift.tt/bp864Bj

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

Technical glitches may cause disruption at airports but passengers do have rights. from BBC News - Business https://ift.tt/hby3sIC

Air traffic control: Airlines warn of flight delays over technical fault

"Technical issue" hits UK air traffic control systems, with airlines warning of delays to flights from BBC News - Business https://ift.tt/KjD6lmc

How robotaxis are dividing San Francisco

The city has become the crucible of an experiment - are robotaxis ready for the streets? from BBC News - Business https://ift.tt/IJ5cvz4

Help to buy homes from 'Bank of Family' rises

The so-called Bank of Mum and Dad has grown, with more than 300,000 home purchases set for 2023. from BBC News - Business https://ift.tt/n3XqA2d

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

Founded in 1985, Morley's has featured in music videos and counts the likes of Stormzy as loyal customers. from BBC News - Business https://ift.tt/oSVtdzR

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

The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday. from BBC News - Business https://ift.tt/OGdY5jp

Labour rules out wealth tax if party wins next election

Shadow chancellor Rachel Reeves says extra money for public services must come from economic growth. from BBC News - Business https://ift.tt/T8SIWDH

Wilko: New bid emerges for stricken retail chain

A private equity firm makes a £90m bid for the business and pledges to retain all jobs for two years. from BBC News - Business https://ift.tt/BQcjTIt

The elusive man at the top of the OnlyFans empire

Leonid Radvinsky, a 41-year-old entrepreneur based in Florida, owns all the shares of the company. from BBC News - Business https://ift.tt/yzQKpe8

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

The price of the garments will fall by the current rate of VAT at John Lewis and Waitrose next week. from BBC News - Business https://ift.tt/ztDd467

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

UK's second-biggest vape company, Chinese-owned SKE, has since deleted some social media accounts. from BBC News - Business https://ift.tt/nZNsLPG

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

Kimberly-Clark is pulling its consumer facial tissues from Canada, citing “unique complexities". from BBC News - Business https://ift.tt/jSgcFzD

Former Co-operative Bank chairman Paul Flowers charged with fraud

Paul Flowers is due to face a charge of fraud by abuse of position between June 2016 and October 2017. from BBC News - Business https://ift.tt/viIp380

US faces more interest rate rises to cool inflation

Federal Reserve chairman Jerome Powell said the pace of price increases remained "too high". from BBC News - Business https://ift.tt/8wrBQ5d

Renters' rights violations to be investigated

The UK's competition authority said some landlords may not be following consumer protection rules. from BBC News - Business https://ift.tt/PtRjkmc

Heineken sells off Russian beer business for €1

The lager-maker will take a huge loss on the division which, it said, had taken longer to jettison. from BBC News - Business https://ift.tt/wS51I6e

OnlyFans owner gets $338m payout

The platform says it now hosts more than three million creators, serving almost 240 million users. from BBC News - Business https://ift.tt/TVHwFUf

US government sues Elon Musk's SpaceX over hiring policy

The US Department of Justice says rocket firm discriminated against refugees and asylum seekers. from BBC News - Business https://ift.tt/BKokPc0

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

The retailer is in administration but that doesn't necessarily mean it will disappear from the High Street. from BBC News - Business https://ift.tt/P5KvbxI

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

England fans will be able to buy Mary Earps replica goalkeeper shirts after Nike say "limited quantities" would go on sale. from BBC News - Business https://ift.tt/P2bBFle

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

The sandwich maker has been bought by Roark Capital, ending six decades of family ownership. from BBC News - Business https://ift.tt/J5xmoYq

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

The Unite union calls off industrial action by ground handlers after securing improved pay deals. from BBC News - Business https://ift.tt/iVSOZtK

Gas prices fall as fears over Australian strike recede

A strike at a major Australian gas plant had threatened to disrupt global supplies. from BBC News - Business https://ift.tt/rqLJmzZ

Paddington Bear stamps released by Royal Mail for 65th anniversary

The Peruvian bear was first seen in 1958 after featuring in the book A Bear Called Paddington. from BBC News - Business https://ift.tt/GLSpNYF

Nvidia: artificial intelligence chip giant sees sales more than double

The California-based company dominates the market for chips used in artificial intelligence systems. from BBC News - Business https://ift.tt/GS3HxMy

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

Citizens Advice says it has seen a 17% rise the number of people asking for help with gas and electricity bills. from BBC News - Business https://ift.tt/FUGj9BP

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

It comes a month after Dame Alison Rose quit the bank over the closure of Nigel Farage's account. from BBC News - Business https://ift.tt/25l9V3r

Bank fined £5.4m after energy traders used WhatsApp

Morgan Stanley is punished by the energy regulator in the first fine under transparency rules. from BBC News - Business https://ift.tt/JiPG1Xt

Boots infant formula adverts broke rules - watchdog

Advertising watchdog found Boots promoted infant milk formula in adverts, which is prohibited. from BBC News - Business https://ift.tt/NRg0hHO

Getir delivery firm cuts more than a tenth of workforce

The Turkish rapid grocery delivery service cuts 2,500 jobs after facing a backlash in many European cities. from BBC News - Business https://ift.tt/fN0IJSW

Stonehaven crash: Network Rail to face fatal derailment charges

Three people died when a train hit a landslide after heavy rain near Stonehaven in 2020. from BBC News - Business https://ift.tt/3ycJQzu

Microsoft makes new deal to buy Call of Duty giant

Firm makes fresh offer to acquire Activision after the UK competition watchdog rejected its first bid. from BBC News - Business https://ift.tt/XjRJeEG

Public borrowing below forecasts despite July rise

Government borrowing rose to £4.3bn last month, but was lower than expectations. from BBC News - Business https://ift.tt/9dvcAiu

Former Bank of England boss to head Bloomberg board

The financial and media firm's product head Vlad Kliatchko was named as chief executive in the shakeup. from BBC News - Business https://ift.tt/9jy2fuL

Big firm bosses' pay rose 16% as workers squeezed

Analysis from the High Pay Centre suggests the average pay of a FTSE 100 boss was £3.91m last year. from BBC News - Business https://ift.tt/liVKJ9Y

Lost luggage showing signs of recovery after hitting 10-year high

New airline data indicates the number of lost, delayed or damaged bags is returning to pre-pandemic levels. from BBC News - Business https://ift.tt/ZzxHotF

UK microchip giant Arm files to sell shares in US

Cambridge-based Arm files papers to list in New York after opting against London, in a blow to the UK. from BBC News - Business https://ift.tt/zJ28piM

Virtual reality brings new vision to workplace training

Staff are being asked to put on VR goggles when they go on a course or team-building session. from BBC News - Business https://ift.tt/uLjhTGX

Gas prices rise on fears of strikes in Australia

Benchmark gas prices for the EU and UK rose around 10% on Monday, according to Bloomberg. from BBC News - Business https://ift.tt/xS5HB2O

Car breakdowns due to potholes soar in rainy July

The AA saw call-outs jump with drivers reporting damage after wet weather hampered road repairs. from BBC News - Business https://ift.tt/DBl25Xs

Morrisons' bras and pants carry NHS cancer check label

Underwear labels urge people to contact their GP if they spot symptoms of breast or testicular cancer. from BBC News - Business https://ift.tt/Emuzfth

Pioneering wind-powered cargo ship sets sail

Inventors hope maiden voyage will help usher in new era of greener shipping. from BBC News - Business https://ift.tt/LgXcYvD

China cuts key interest rate as recovery falters

The country's post-Covid recovery has been hit by a property crisis, falling exports and weak consumer spending. from BBC News - Business https://ift.tt/mbOIALS

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

Grieving parents say regulators in both India and The Gambia failed their young children. from BBC News - Business https://ift.tt/ZaxiwKk

Holiday firms urge PM to allow watchdog to fine airlines

Travel companies would like to see extra powers given to the Civil Aviation Authority later this year. from BBC News - Business https://ift.tt/nVURy5g

Waitrose offers police free coffees to deter thieves

Waitrose and John Lewis are offering free hot drinks under the "Thanks a Latte" initiative. from BBC News - Business https://ift.tt/WMVyANa

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

Young luxury estate agents face pressure to succeed in BBC's Crazy Rich Agents. from BBC News - Business https://ift.tt/5IK1oSq

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

The office space-sharing company has raised "substantial doubt" about its future. from BBC News - Business https://ift.tt/Ofs0uwZ

Twitter, now X, to remove blocking feature

Elon Musk says the feature "makes no sense", but users are concerned about protection from abuse. from BBC News - Business https://ift.tt/3iLa91m

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

Alan Price was told he was selling chocolate that posed an "imminent safety risk". from BBC News - Business https://ift.tt/Gr3RPi2

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

Martin Conway says airline staff told him he must use an app to buy a flight but did not offer any help. from BBC News - Business https://ift.tt/UEHV7PY

Energy bills predicted to drop in autumn

Ofgem is poised to announce a small cut in its price cap next week, a consultancy firm forecasts. from BBC News - Business https://ift.tt/Gwd8QRB

Shop sales drop in July as rain dampens demand

Retail sales fell by 1.2% following the poor weather with clothing sales proving a washout. from BBC News - Business https://ift.tt/a9oIemA

Evergrande: China property giant files for bankruptcy in US

The move comes as fears grow over problems in the world's second largest economy. from BBC News - Business https://ift.tt/WOKsuHD

Buckingham Group construction company on brink of collapse

Buckingham Group, which has worked on HS2 and at Anfield, blames "extreme inflation" for losses. from BBC News - Business https://ift.tt/oVUnf3g

Fine threat if banks fail to provide access to cash

The Treasury sets a minimum distance of three miles, or one mile in urban areas, for free cash withdrawal services. from BBC News - Business https://ift.tt/PJSpfqb

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

Celebrities are winning jobs at the top of luxury fashion firms - but what can they really contribute? from BBC News - Business https://ift.tt/UCvTnRP

I had to let almost all my staff go - bakery owner

Lac Hincu says despite the popularity of her business in Rugby, she had to downsize to survive. from BBC News - Business https://ift.tt/6jKwZPs

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

Prices of essentials like tomatoes have skyrocketed in India in recent months. from BBC News - Business https://ift.tt/QthuPdj

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

The raids are part of one of the city-state's biggest ever anti-money laundering investigations. from BBC News - Business https://ift.tt/1lAthE9

Jaguar Land Rover to create 300 new jobs in West Midlands

The roles will be used to support the increased production of Range Rovers and new electric vehicles. from BBC News - Business https://ift.tt/vRiuFQ4

UK rent rises at the highest rate seen for years

Prices paid by UK renters rose by 5.3% on average in the year to July - the highest level seen since 2016. from BBC News - Business https://ift.tt/Xr6ZV1G

London buyers still pushing up Cotswold house prices

One district council leader says a new programme of low-cost house building is needed. from BBC News - Business https://ift.tt/KnGLt6z

VinFast: Vietnam EV maker valued at more than Ford or GM

The share sale on Nasdaq values VinFast at $85bn (£67bn) compared to Ford's $48bn or GM's $46bn. from BBC News - Business https://ift.tt/tL7H2oS

Bank of Ireland warning over cash machine glitch reports

The glitch reportedly allows people to withdraw large sums regardless of what is in their account. from BBC News - Business https://ift.tt/8rTGq4a

How Argentina learned to love the US dollar

Stuffing your greenbacks into the "mattress bank" is a way of life for many Argentines. from BBC News - Business https://ift.tt/Ow4WQBh

Firm regrets taking Facebook moderation work

The chief executive of Sama says it will no longer take work involving moderating harmful content. from BBC News - Business https://ift.tt/gRznW9M

Russia hikes interest rates after rouble slides

The Bank of Russia raises rates to 12% from 8.5% in a bid to boost the currency and lower inflation. from BBC News - Business https://ift.tt/hnMCKx1

Price of milk and sunflower oil starting to fall

The costs of some food staples are starting to come down after surging last year, data suggests. from BBC News - Business https://ift.tt/ovPb6VG

Video doorbells: Police embrace them but do they cut crime?

The smart doorbells have soared in popularity, but they may not help reduce the number of break-ins. from BBC News - Business https://ift.tt/4pcazq0

UBS to pay $1.4bn to settle fraud claims from 2008 crisis

The Swiss lender is the 18th firm to reach a settlement with US prosecutors investigating the 2008 crisis. from BBC News - Business https://ift.tt/w6Z3R01

Petrol prices: Why are they going back up?

Motoring organisations warn price rises will pile pressure on families and small businesses. from BBC News - Business https://ift.tt/lYXeKCE

Ethnic minority workers in insecure jobs up 132% since 2011

New data shows the number of white people working in insecure jobs rose by a much smaller amount. from BBC News - Business https://ift.tt/orywq1D

Train strikes: When is the next action happening?

Members of the RMT rail workers union are set to strike again in August. from BBC News - Business https://ift.tt/prIJwWS

Pay: Firms fight back with counteroffers to keep staff

A survey finds companies are willing to match or better new job offers but risk fuelling inflation. from BBC News - Business https://ift.tt/7HiXn9h

Frome declares housing crisis as rents soar out of reach

People in a popular Somerset town are trying to draw attention to a shortage of affordable housing. from BBC News - Business https://ift.tt/Nfv9d2o

L’Occitane shares jump as controlling shareholder mulls buyout

The company has said its controlling shareholder is contemplating a potential deal to take it private. from BBC News - Business https://ift.tt/8KwGThe

Zuckerberg says Musk 'not serious' about cage fight

Doubt hangs over the billionaires' fight plans, but Musk suggests he is open to a bout on Monday. from BBC News - Business https://ift.tt/ow2zH4k

Pub takeaway drinks rules to be continued

Landlords in England and Wales will be able to continue selling takeaway drinks through hatches under Covid-era rules. from BBC News - Business https://ift.tt/K2NIjZY

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

Fast food supplier Beyond Meat has seen its sales fall - but is it cost, taste or nutrition that is putting people off? from BBC News - Business https://ift.tt/lvDZA9i

Amazon releases some seller funds after complaints

Amazon withheld some seller takings temporarily but is releasing them after some businesses came close to collapse. from BBC News - Business https://ift.tt/AHjP9Kk

Amazon asked by minister to justify temporarily withholding sellers' funds

The government told Amazon UK to explain how it intends to help sellers whose money it is withholding. from BBC News - Business https://ift.tt/8YWwiMg

What are apprenticeships and how do I choose a good one?

Going to school, college or university five days a week is not the only way to get a qualification. from BBC News - Business https://ift.tt/2BF5pHA

Air India: Tata Group unveils new logo for former national carrier

India's former national carrier is undergoing a multi-million dollar transformation under Tata Group. from BBC News - Business https://ift.tt/1RHtjzg

On board Virgin Galactic's tourist journey to space

A look inside the company's first space tourism flight, which took off from New Mexico on Thursday from BBC News - Business https://ift.tt/gFLuqcl

China property giant Country Garden warns of up to $7.6bn loss

It is the latest signal of the major issues faced by the world's second largest economy. from BBC News - Business https://ift.tt/4JRxANU

Is AI a threat to the world of fabric design?

You can now ask an artificial intelligence system to design you a fabric pattern and get it printed. from BBC News - Business https://ift.tt/Z5HABoP

Yandex founder slams Russia's 'barbaric' war in Ukraine

Arkady Volozh, the ex-boss of Russia's tech giant, has previously faced criticism for not speaking out. from BBC News - Business https://ift.tt/hF9AEzM

Special King Charles Coronation 50p coins issued

Five million new 50 pence pieces bearing the King's head are going into circulation. from BBC News - Business https://ift.tt/GPpfLWu

Where people have to choose between food or home insurance

Extreme weather and climate change are driving up home insurance costs, forcing some into desperation. from BBC News - Business https://ift.tt/O7QP1Xw

Minister defends safety law on messaging apps

Tech Secretary insists technology is in development to access illegal content without breaking encryption. from BBC News - Business https://ift.tt/TPHkY0f

Disney to expand ads on streaming as business flags

Disney is hurting in its home market, where streaming subscriptions slipped and park attendance flagged. from BBC News - Business https://ift.tt/EDWTQXl

US to bar and screen some tech investments in China

The move gives the government new oversight over foreign dealings by private firms. from BBC News - Business https://ift.tt/4UnmNF0

Deflation: Why falling prices in China raise concerns

The world's second largest economy has slipped into deflation for the first time in more than two years. from BBC News - Business https://ift.tt/jYWktKE

Italian banks hit with surprise windfall tax

The one-off tax on the profits banks earn from higher interest rates has seen shares plummet. from BBC News - Business https://ift.tt/qL42ulK

Zoom denies training AI on calls without consent

The company updates its terms of service after a backlash from worried users. from BBC News - Business https://ift.tt/fhB1KRi

Lithium firm secures initial £53m from investors

The government says the funding will support "the UK’s critical minerals supply chain". from BBC News - Business https://ift.tt/ga68UOc

Premium Bonds: Chances rise of winning leading prizes

National Savings and Investments is the latest provider to make savings deals more attractive. from BBC News - Business https://ift.tt/7jT5vHD

China exports see biggest drop for three years

Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite. from BBC News - Business https://ift.tt/gEGuWaA

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

The firm's sales fell 30.5% as the rising cost of living pushed shoppers to buy cheaper animal protein. from BBC News - Business https://ift.tt/8cTojhL

Simon & Schuster: Publisher to be sold for $1.6bn

Finding a buyer has been a lengthy saga for the owner of the publisher, Paramount Global. from BBC News - Business https://ift.tt/A468gJS

Higher food prices may be here to stay, says Bank economist

Chief economist Huw Pill has warned that food prices may never return to levels previously seen. from BBC News - Business https://ift.tt/hEfRFNI

Zoom orders workers back to the office

The company says staff living near offices should work in person at least twice a week. from BBC News - Business https://ift.tt/X4bhz7W

House prices fall by the most in south east, says Halifax

The value of a home in the region dropped by £15,500 while the "pandemic boom" ended for Wales. from BBC News - Business https://ift.tt/3UEgmde

HSBC executive sorry for saying UK 'weak' over China

Sir Sherard Cowper-Coles' comments come as US-China ties have become increasingly tense in recent years. from BBC News - Business https://ift.tt/SpYmobU

Devastating wildfires spur new detection systems

Firms are using AI, drones and satellite tech to help detect and suppress wildfires. from BBC News - Business https://ift.tt/7V6d0Lf

Fines hiked for firms employing illegal migrants

Companies who repeatedly employ illegal migrants face fines up to £60,000 per breach under new rules. from BBC News - Business https://ift.tt/JtULlZj

Barbie film hits $1bn mark at global box office

The pink-hued film has drawn in $1.03bn around the world, according to distributor Warner Bros. from BBC News - Business https://ift.tt/MYEvfOQ

Virgin Atlantic pilots consider strike over fatigue

Members of the Balpa union have "serious concerns" over schedules put in place during Covid. from BBC News - Business https://ift.tt/4YBAbRk

Clintons set to close around a fifth of its shops

The greeting cards firm is reportedly facing financial difficulties and its third rescue since 2012. from BBC News - Business https://ift.tt/g6yGhV7

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

Elon Musk says X will support those treated "unfairly" by bosses due to behaviour on Twitter - now X. from BBC News - Business https://ift.tt/ZITjf7r

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

The Bank of England says inflation could fall to around 5% by Christmas - how reliable is that? from BBC News - Business https://ift.tt/8WLU7m1

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

The UK must invest in rail and road networks or accept more extreme weather disruption, a government advisor says. from BBC News - Business https://ift.tt/7lZMF0r

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

The Welsh fashion designer is a globally renowned name and dressed stars like Beyoncé and J-Lo. from BBC News - Business https://ift.tt/XSTgLB1

Give cash to households in path of new pylons, government urged

Lump sums among ideas in a government-ordered review to speed up infrastructure projects. from BBC News - Business https://ift.tt/xQfYvpz

China drops Australia barley tariffs after three years

The relationship between Canberra and Beijing has thawed since the election of Prime Minister Anthony Albanese. from BBC News - Business https://ift.tt/mBF7iVe

Japan issues rare warning over fake X account

The account on the platform formerly known as Twitter impersonated Japan's top currency diplomat. from BBC News - Business https://ift.tt/W2fHZQS

Hyundai fire risk warning as 91,000 vehicles recalled

The recall is the latest in a series of fire-related recalls of Hyundai and Kia models in recent years. from BBC News - Business https://ift.tt/SUXs4tk

Amazon online sales improve despite economy fears

The firm said more efficient deliveries helped boost sales and profits in the three months to June. from BBC News - Business https://ift.tt/VI0oXhl

Help renters benefit from energy-saving grants, campaigners say

Tenants have less incentive to apply for help as they could be evicted at any time, campaigners say. from BBC News - Business https://ift.tt/TxrjuBp

Tech shares fall as China mulls child smartphone limits

Shares of firms such as Alibaba and video-sharing website Bilibili extended their losses in Asia on Thursday. from BBC News - Business https://ift.tt/pg8fQPt

Worldcoin suspended in Kenya as thousands queue for free money

The authorities say they have data privacy concerns over Sam Altman's new cryptocurrency project. from BBC News - Business https://ift.tt/kdcpA4L

Tom Kerridge: Hospitality strain like 'walking uphill, on glass, barefoot'

A wave of costs adds to the relentless pressure on the industry, says the celebrity chef. from BBC News - Business https://ift.tt/c0Go4sr

Alia Bhatt, Deepika Padukone: When Bollywood A-listers turn into start-up stars

Many top Indian actors are making fortunes by actively investing in start-ups and consumer brands. from BBC News - Business https://ift.tt/94fa8sp

Janet Yellen: Credit downgrade 'puzzling' and 'unwarranted'

Janet Yellen defends the US, as stock markets fall after credit downgrade. from BBC News - Business https://ift.tt/KixrkXW

Etsy u-turn in row over withholding sellers' money

The online marketplace faced calls from sellers to boycott its site over money being held in reserve. from BBC News - Business https://ift.tt/d9MsDQO

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

Grant Shapps is set to unveil plans to build more pylons and power lines for clean energy. from BBC News - Business https://ift.tt/LdVQBYF

Petrol price rises prompt fears of higher costs

The latest rise in prices at the pumps is due to the cost of oil, a key ingredient in fuel, increasing. from BBC News - Business https://ift.tt/himLPYZ

Home buyers extend mortgages in affordability struggle

More Taylor Wimpey customers are taking 36 year mortgages to make monthly repayments more affordable, providers say. from BBC News - Business https://ift.tt/138hI0X

Missed bill payments back to winter levels, says Which?

Consumer group Which? says levels of missed payments are higher than in January. from BBC News - Business https://ift.tt/vREH49S

X Corp sues anti-hate campaigners over Twitter research

The firm behind X, as Twitter is now known, is suing the Center for Countering Digital Hate from BBC News - Business https://ift.tt/s034xvU

CEO Secrets: 'We hand-ice millions of biscuits'

Biscuiteers co-founder Harriet Hastings shares her business advice for our CEO Secrets series. from BBC News - Business https://ift.tt/zA5FslD