Business

Stock markets fall amid trade fears

Image copyright AFP Key stock markets have fallen sharply amid fears of a further deterioration in US-Chinese trade relations. Tensions in Germany’s coalition government over migration policy added to investors’ uncertainty. In the opening minutes on Wall Street, the Dow Jones fell 0.85%, while the main indexes in Paris, Frankfurt and Madrid were all more […]

Business

Ryanair calls for restricted airport alcohol sales

Image copyright PA Image caption A flight from Dublin to Ibiza had to be diverted to Paris on Saturday after three passengers became disruptive Ryanair has called for more restrictions on alcohol sales at airports. The airline proposed a two-drink limit for passengers and a ban on alcohol sales in airports before 10:00. This move […]

Business

Don't bank on it: why we fail to switch our accounts

Image copyright Getty Images The numbers tell it all. The Competition and Markets Authority’s investigation into the banking industry in 2016 found that just 3% of current account customers had moved their account in the past year. On a three-year time scale, 8% had switched while three quarters of customers had never switched at all. […]

Business

Transforming Asia's skylines

German architect Ole Scheeren is behind some of Asia’s most spectacular buildings, including the Interlace housing complex in Singapore and China Central Television headquarters in Beijing. He told the BBC about his design philosophy and how all his buildings “tell stories”. Source link

Business

Energy firms 'forcibly' installing more prepayment meters

Gas and electricity suppliers are forcing too many customers to use prepaid meters, the regulator has said. In a report, Ofgem said the number of gas meter devices installed using a court warrant rose by 6.9% last year. The regulator said meters should be “an absolute last resort” for recovering debt, and suppliers should be […]

Business

Virgin Money bought by CYBG for £1.7bn

Image copyright Newscast The owner of Clydesdale Bank and Yorkshire Bank, CYBG, has agreed to buy Virgin Money for £1.7bn. Under the terms of the deal, Virgin Money shareholders will get 1.2125 new CYBG shares for every Virgin Money share they hold. CYBG said the new firm would be a leading force in banking, “disrupting […]

Business

Think about your customers' needs from the start

When he was a researcher at Cambridge University, Dr Sina Habibi came across a test for visual recognition and reaction times. Young people did better on this than the elderly. From this, he created a new computer app which enables doctors to test for early signs of senile dementia, or Alzheimer’s disease. For the past […]

Business

UK economy faces weakest growth since 2009, employers warn

Image copyright Reuters The British Chambers of Commerce has cut its UK growth forecast for 2018, warning the economy faces its weakest year since the financial crisis. The employers’ group forecast 2018 GDP growth of 1.3%, down from a previous forecast of 1.4%, and cut its forecast for 2019 from 1.5% to 1.4%. The BCC […]

Business

Debit card payments more popular than cash

Image copyright Getty Images Debit card payments have overtaken cash use for the first time, new figures show, as contactless technology takes a firm hold on day-to-day spending. A total of 13.2 billion debt card payments were made last year, a rise of 14% on the previous year, according to banking trade body UK Finance. […]

Business

Cancer and career

Image copyright Adzuna Image caption Andrew Hunter battled cancer for two years Andrew Hunter was busy running his start-up business when he realised that something was wrong with his health. “I started losing weight quite quickly, and I had a cough that just wouldn’t shift,” says the co-founder of job search website Adzuna. That was […]

Business

General Electric faces fines over French jobs pledge

Image copyright AFP France is threatening to take the unusual step of fining General Electric if it fails to create a set number of jobs in the country. It is claimed the US industrial giant will renege on a pledge to produce 1,000 new jobs by the end of the year. The Labour minister Muriel […]

Business

Tesla on fire: UK director Michael Morris' car bursts into flames

Image copyright Twitter Image caption Firefighters were called in to extinguish the fire A Tesla car driven by British TV director Michael Morris burst into flames in Los Angeles, his US actress wife has said. Mary McCormack tweeted a dramatic video of the incident earlier this week. “No accident, out of the blue, in traffic […]