Gas price rises: Russia not withholding supplies, says ambassador to UK
Russia is not slowing gas supplies for political reasons, Andrei Kelin says.
Source: BBC News - Business | 17 Oct 2021 | 8:54 am
Six things the UK could do to tackle climate change
People from the Queen to Greta Thunberg are calling for action - so what should that action be?
Source: BBC News - Business | 17 Oct 2021 | 5:52 am
Southeastern train services taken over by government
The rail operator was stripped of its franchise for failing to declare millions in taxpayer funding.
Source: BBC News - Business | 17 Oct 2021 | 4:40 am
Why 2.3 million US children could miss out on expanded tax credit
About 67 million US children are eligible for new benefits, but some of the most vulnerable are missing out.
Source: BBC News - Business | 17 Oct 2021 | 3:49 am
Former homeless couple can buy Wednesfield home for £1
The opportunity comes under a scheme aimed at helping key workers and others on to the property ladder.
Source: BBC News - Business | 16 Oct 2021 | 9:51 am
Business insolvencies rise as government aid wanes
The number of firms going bust in September was at its highest since March 2020.
Source: BBC News - Business | 15 Oct 2021 | 5:26 pm
Virgin Galactic delays first commercial space flight
Shares in the firm dive 20% as it delays first tourist flight to make upgrades.
Source: BBC News - Business | 15 Oct 2021 | 3:42 pm
Pump prices for petrol and diesel are near a record high
Average petrol prices are just 2p off their record high from April 2012, says the RAC.
Source: BBC News - Business | 15 Oct 2021 | 2:00 pm
Covid: US to lift travel ban for fully jabbed on 8 November
Fully vaccinated travellers will be allowed to enter the US for the first time since March 2020.
Source: BBC News - Business | 15 Oct 2021 | 1:06 pm
US heating bills set to surge as energy costs jump
Bills could rise by as much as 54% this winter, the US Energy Information Administration says.
Source: BBC News - Business | 15 Oct 2021 | 12:20 pm
Stocks grind higher on recovery hopes
Europe's shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery standing firm against a resurgence of global coronavirus cases.
Source: Reuters: Business News | 17 Jun 2020 | 5:00 am
Oil rise on positive news of COVID-19 drug study
Oil rose on Wednesday on hopes for economic recovery and for a clinical trial showing a cheap steroid could help save some critically ill coronavirus patients but fears of a second wave of the virus curbed gains.
Source: Reuters: Business News | 17 Jun 2020 | 4:56 am
Lufthansa: Implementation of bailout deal not guaranteed
German flagship carrier Lufthansa said on Tuesday that the implementation of its bailout deal had not been secured and it might need to apply for creditor protection proceedings around the time of its extraordinary general meeting.
Source: Reuters: Business News | 17 Jun 2020 | 4:52 am
Asian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD survey
Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the biggest risk over the next six months.
Source: Reuters: Business News | 17 Jun 2020 | 4:41 am
HSBC revives 35,000 job cut plan after pandemic pause
HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's biggest bank grapples with the impact on its already falling profits.
Source: Reuters: Business News | 17 Jun 2020 | 4:34 am
Dollar treads water on Fed views, geopolitics
The dollar was little changed on Wednesday after U.S. retail sales rose more than expected in May, although caution kept investors from aggressively buying riskier currencies like the Australian dollar.
Source: Reuters: Business News | 17 Jun 2020 | 3:40 am
United Airlines sweetens exit deal for flight attendants
United Airlines sweetened on Tuesday a voluntary exit package for flight attendants and extended the application deadline, saying it needed "a lot more people to sign up" to avoid involuntary layoffs in October, according to a document seen by Reuters.
Source: Reuters: Business News | 17 Jun 2020 | 1:49 am
Senate bill aims to improve aircraft certification after 737 MAX crashes
U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim's father said the bill, while a positive step, "still lacks teeth."
Source: Reuters: Business News | 16 Jun 2020 | 9:05 pm
Dollar firm after retail sales jump fans recovery hopes
The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies were hobbled by concerns about the coronavirus and diplomatic tensions in Asia.
Source: Reuters: Business News | 16 Jun 2020 | 9:01 pm
U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.
Source: Reuters: Business News | 16 Jun 2020 | 8:59 pm
‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers
Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.
Source: NYT > Business | 19 May 2019 | 8:21 am
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
Source: NYT > Business | 19 May 2019 | 7:19 am
With Interest: The Week in Business: A Facial Recognition Ban, and Trade War Blues
Also: Worries about another war, and the continuing crisis at Boeing.
Source: NYT > Business | 18 May 2019 | 1:57 pm
Running Scared: Network TV in the Streaming Age
Viewers are fleeing for Netflix. The ones who stay are older than the group prized by advertisers. Here’s a look back at the troubled 2018-19 season.
Source: NYT > Business | 18 May 2019 | 1:47 pm
I.M. Pei, Master Architect Whose Buildings Dazzled the World, Dies at 102
Mr. Pei, a committed modernist, was one of the few architects equally attractive to real estate developers, corporate chieftains and art museum boards.
Source: NYT > Business | 18 May 2019 | 11:03 am
Corroded Well Lining Caused Aliso Canyon Gas Leak That Displaced Thousands, Report Says
An inquiry found that SoCalGas had not meaningfully investigated more than 60 leaks before the one in October 2015 that became the largest leak of methane in United States history.
Source: NYT > Business | 18 May 2019 | 10:21 am
Deadly Germs, Lost Cures: Citrus Farmers Facing Deadly Bacteria Turn to Antibiotics, Alarming Health Officials
In its decision to approve two drugs for orange and grapefruit trees, the E.P.A. largely ignored objections from the C.D.C. and the F.D.A., which fear that expanding their use in cash crops could fuel antibiotic resistance in humans.
Source: NYT > Business | 18 May 2019 | 7:55 am
To Many Chinese, America Was Like ‘Heaven.’ Now They’re Not So Sure.
As the trade war rages, ambivalence in China about the United States has posed an unusual challenge for the Communist Party.
Source: NYT > Business | 18 May 2019 | 5:22 am
Pub Work Gives a Royal Carpet Maker an Unwelcome Image (and It’s Sticking)
Axminster has Buckingham Palace’s seal of approval. But thanks to social media, its best-known client is a chain of cut-price bars.
Source: NYT > Business | 18 May 2019 | 5:00 am
In Cities Where It Once Reigned, Heroin Is Disappearing
The rise of the more potent fentanyl in its place has put a generation of older users, who had managed their addiction, at far greater risk of overdose.
Source: NYT > Business | 18 May 2019 | 5:00 am