101203541 gettyimages 52464660 - Is Australia running out of fuel? PM orders supply review
Business

Is Australia running out of fuel? PM orders supply review

Image copyright Getty Images The Australian government has ordered a review of fuel security after experts warned the country only has weeks of petrol, diesel and aviation fuel supplies left in its reserves. The country’s energy minister, Josh Frydenberg, said it was the “prudent and proper thing to do” but should not be interpreted as […]

101175640 8d155eb3 d4ff 4245 a498 db3eb0b6a233 - Air France shares drop sharply as strikes continue
Business

Air France shares drop sharply as strikes continue

Image copyright AFP Image caption Jean-Marc Janaillac tendered his resignation after staff at the airline rejected a new pay deal. Shares in Air France fell 14% in early Monday trading, reacting to the latest events at the troubled airline. It was the first chance investors had had to respond to chief executive Jean-Marc Janaillac’s resignation […]

101203291 starbucks1 - Nestle pays Starbucks $7.1bn to sell its coffee
Business

Nestle pays Starbucks $7.1bn to sell its coffee

Image copyright Getty Images Nestle has announced that it will pay Starbucks $7.1bn (£5.2bn) to sell the company’s coffee into homes. The Nescafe and Nespresso owner will own the rights to market Starbucks’ coffee, which it says generates $2bn in annual sales. Nestle chief executive Mark Schneider described it as a “significant step”. Mr Schneider, […]

101170983 ice2 - Vanilla price rise proves chilling for ice cream makers
Business

Vanilla price rise proves chilling for ice cream makers

The price of vanilla has soared over the last two years, sending a chill down the spine of UK ice cream makers. At around $600 per kilo the sweet ingredient costs more than silver. Snugbury’s icecream is run by three sisters near Nantwich in Cheshire. The business churns out around five tonnes of ice cream […]

101175640 8d155eb3 d4ff 4245 a498 db3eb0b6a233 - Air France could 'disappear' as more strikes begin
Business

Air France could 'disappear' as more strikes begin

Image copyright AFP Image caption Jean-Marc Janaillac tendered his resignation after staff at the airline rejected a new pay deal. The survival of strike-hit Air France is in the balance, according to the country’s economy minister. Bruno Le Maire’s warning that Air France could “disappear” comes as staff begin another round of industrial action over […]

101139197 jeffandkylie - Banking obstacles
Business

Banking obstacles

Image copyright Jeff Bashton Image caption From the “point of view of someone who can’t see” his bank’s upgrade is “appalling”, says Jeff HSBC, Metro Bank and Halifax have all admitted to failings after redesigning websites that made it hard for their blind or visually impaired customers to access full services online. When Jeff Bashton […]

101169583 gettyimages 632051124 - Emissions scandal
Business

Emissions scandal

Image copyright Getty Images Image caption Former VW boss Martin Winterkorn authorised a cover-up, allege US prosecutors It was an “appalling” fraud that went to the very top of the company. That is the striking allegation made by US prosecutors looking into the emissions-cheating scandal at the Volkswagen Group. The indictment unsealed on Thursday claims […]

101172579 jones5 - TSB computer fiasco: 'Our 24 hours of moving chaos'
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TSB computer fiasco: 'Our 24 hours of moving chaos'

Image caption Chris and Sally Jones spent 24 hours fearing they could be left stranded TSB’s reputation will depend on how it compensates customers for the distress and inconvenience caused by its IT fiasco, an expert has said. Richard Lloyd, chairman of complaints service Resolver, said the bank would be “in big trouble” if its […]

101175210 prius2 - Car industry on alert over reports some hybrids face a ban
Business

Car industry on alert over reports some hybrids face a ban

Image copyright AFP The UK’s car industry has hit out at the government over unconfirmed reports ministers will target hybrid vehicles as part of a new emissions drive. New cars unable to do at least 50 miles on electric power may be banned by 2040, a ruling that would hit the UK’s best-selling hybrid, Toyota’s […]

97176213 breaking news bigger - Air France boss quits as staff reject pay deal
Business

Air France boss quits as staff reject pay deal

Air France boss says he is quitting after staff at the strike-hit airline reject pay deal This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive Breaking News on a smartphone or tablet via the BBC News App. You can […]

98600327 employment4 - US jobs grow by 164,000 in April as unemployment rate hits 3.9%
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US jobs grow by 164,000 in April as unemployment rate hits 3.9%

Image copyright Getty Images US jobs growth was slower than expected in April, as employers added 164,000 positions. The unemployment rate nevertheless fell to 3.9%, the first time it has dipped below 4% since 2000. The average hourly pay of private sector workers increased 2.6% year-on-year to $26.84 (£19.77). Manufacturers and the professional and business […]