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Cathedral City maker Dairy Crest to be bought by Canada's Saputo
Fri, 22 Feb 2019 10:01:20 GMT
Dairy Crest, whose brands also include Country Life, agrees to be taken over by Canadian firm Saputo.
Provident Financial gets £1.3bn bid from rival NSF
Fri, 22 Feb 2019 09:05:28 GMT
The troubled sub-prime lender receives a takeover offer from rival Non-Standard Finance.
Energy firm Solarplicity banned from taking on new customers
Fri, 22 Feb 2019 10:37:26 GMT
The regulator warns Solarplicity could lose its licence if it fails to improve its customer service.
5G networks: Trump says US shouldn't block technology
Fri, 22 Feb 2019 03:29:53 GMT
The comments come as the US has pressured its allies to exclude China's Huawei from their 5G networks.
AT&T and Hasbro pull YouTube ads over abuse claims
Thu, 21 Feb 2019 23:42:56 GMT
Hasbro and Nestle also cut ties over fears paedophiles are leaving comments next to videos of children.
Australia seeks clarification on China coal import 'block'
Fri, 22 Feb 2019 03:16:45 GMT
Canberra is seeking "urgent" clarification about reports that a key Chinese port has blocked imports.
What's wrong with gas hobs?
Thu, 21 Feb 2019 22:22:52 GMT
We answer your gas hob questions, following recent recommendations from the Committee on Climate Change.
Brexit: Japan trade deal will not be ready by deadline
Thu, 21 Feb 2019 18:54:02 GMT
The UK won't be able to roll over an EU trade deal with Japan in time for a no-deal Brexit, Liam Fox has said.
Record UK government surplus in January
Thu, 21 Feb 2019 15:44:16 GMT
Analysts say the bumper surplus could give the chancellor extra money for the Spring Statement.
Web watchdog warns over knee-jerk regulation of social networks
Fri, 22 Feb 2019 00:11:47 GMT
Internet Watch Foundation says regulation of social networks could have "unintended consequences".
City centres 'could become ghost towns'
Thu, 21 Feb 2019 11:38:50 GMT
Shop closures will become the norm unless the government supports struggling retailers, MPs say.
Barclays profits amid UK economic 'uncertainty' in UK
Thu, 21 Feb 2019 08:16:57 GMT
The UK bank reports annual profits of £3.5bn and makes provision for UK "economic uncertainty".
Johnson & Johnson in US probe over baby powder claims
Thu, 21 Feb 2019 16:33:03 GMT
Federal inquiries come as the firm faces numerous lawsuits over health risks from its talc products.
How shampoo became a million dollar idea
Fri, 22 Feb 2019 00:07:09 GMT
The BBC's Aaron Heslehurst explains how shampoo became a million dollar idea.
UK must keep no-deal 'on the table'
Thu, 21 Feb 2019 18:43:33 GMT
Trade Secretary Liam Fox has rejected calls to rule out a no-deal Brexit, saying it would put Britain's withdrawal from the EU at risk.
Are we stockpiling in case of a no-deal Brexit?
Thu, 21 Feb 2019 00:38:04 GMT
How many of us are stockpiling groceries, in case of a no-deal Brexit?
Huawei founder: 'No way US can crush us'
Mon, 18 Feb 2019 22:04:23 GMT
Ren Zhengfei described the arrest of his daughter Meng Wanzhou, the company's chief financial officer, as politically motivated.
'People use storage for life events'
Tue, 19 Feb 2019 00:04:18 GMT
"We have to be mindful of the moments in life our customers are in," says storage boss Anthony Paine.
Female mechanic helps women learn about cars
Tue, 19 Feb 2019 00:45:19 GMT
Mechanic Louise Baker has set up a service in Birmingham aimed at women.
Japan turns to tech to cut long working hours
Wed, 13 Feb 2019 00:09:31 GMT
Overwork is a longstanding problem in Japan and companies are turning to technology for solutions.
BBC Business News
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Kraft Heinz discloses SEC probe, $15 billion write-down; shares dive 20 percent
Fri, 22 Feb 2019 05:35:56 -0500
Kraft Heinz discloses SEC probe, $15 billion write-down; shares dive 20 percentThe gloomy results and forecast from the company, which is one of billionaire Warren Buffett's largest investments, reflect changes in consumer trends away from processed foods to healthier alternatives. The after-hours slump erased $12 billion from Kraft Heinz's stock market value and left its shares trading at their lowest point since H.J. Heinz Co bought Kraft Foods Group Inc in 2015, to create the world's fifth largest food and beverage company. "Kraft Heinz results confirmed all our worst fears – plus more," Guggenheim Partners' analyst Laurent Grandet said in a note.
Mueller report looming, new attorney general in hot seat
Fri, 22 Feb 2019 05:32:01 -0500
Mueller report looming, new attorney general in hot seatWASHINGTON (AP) — William Barr has been attorney general for just one week but is on the cusp of staring down what will almost certainly be the most consequential decision of his long career: how much of the special counsel's findings to make public.
Oil Set for Second Weekly Gain on Trade Optimism and OPEC Curbs
Fri, 22 Feb 2019 05:30:21 -0500
Oil Set for Second Weekly Gain on Trade Optimism and OPEC CurbsFutures in New York edged higher Friday, taking this week’s increase to 2.7 percent. President Donald Trump will meet with China’s vice premier and top trade negotiator on Friday as the world’s two biggest economies try to resolve their differences.
German Economy Tries to Steady Itself After a Year of Shocks
Fri, 22 Feb 2019 05:26:35 -0500
German Economy Tries to Steady Itself After a Year of ShocksInvestor confidence hasn’t yet seen a meaningful pickup and there have been sharp downgrades to the growth outlook. Germany’s Bundesbank has insisted there are “no signs that the slowdown is morphing into a downturn.” Consensus forecasts support that, with growth of 0.4 percent seen this quarter and next. At the European Central Bank, the view is more circumspect.
Israel's first Moon mission blasts off from Florida
Fri, 22 Feb 2019 05:21:29 -0500
Israel's first Moon mission blasts off from FloridaAn unmanned rocket took off from Cape Canaveral in Florida on Thursday night carrying Israel's Beresheet spacecraft, aiming to make history twice: as the first private-sector landing on the Moon, and the first from the Jewish state. Takeoff was followed live back in Israel, with Prime Minister Benjamin Netanyahu watching alongside engineers at the control center of Israel Aerospace Industries (IAI). "This is a very proud moment," Netanyahu's office quoted him as saying.
Daimler, BMW to invest more than 1 billion euro in mobility services
Fri, 22 Feb 2019 05:19:42 -0500
Daimler, BMW to invest more than 1 billion euro in mobility servicesBERLIN (Reuters) - German carmakers Daimler and BMW deepened their cooperation on Friday by unveiling a combined ride-hailing, parking and electric car charging business to counter emerging rivals like Uber from the United States.
How Much Damage Can 1 Bad Experience Cause a Brand?
Fri, 22 Feb 2019 05:17:00 -0500
How Much Damage Can 1 Bad Experience Cause a Brand?Customers' expectations are only getting higher, and retailers may not get a second chance to meet them.
Global shares nudge higher, Aussie dollar rebounds after slide
Fri, 22 Feb 2019 05:15:15 -0500
Global shares nudge higher, Aussie dollar rebounds after slideGlobal shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied it had halted Australian coal imports. Chinese shares had faltered earlier amid concern about slowing domestic growth and indications that China would cut its benchmark interest rate only as a last resort to boost the economy. Australian shares gained 0.5 percent and Seoul's Kospi ended up 0.1 percent.
Swedbank CEO Still Has Board's Support Amid Laundering Shock
Fri, 22 Feb 2019 05:15:12 -0500
Swedbank CEO Still Has Board's Support Amid Laundering ShockChairman Lars Idermark says he “absolutely” thinks Bonnesen can continue in her role, according to Dagens Industri. The bank has had to go into damage-control mode after regulators in Sweden and Estonia started investigating allegations that it handled billions in suspicious funds. After two days of steep share-price losses that wiped more than $5 billion off its market value, Swedbank’s stock gained on Friday, and was up about 2 percent in Stockholm trading.
Germany under fire for Saudi arms export ban
Fri, 22 Feb 2019 05:14:27 -0500
Germany under fire for Saudi arms export banExport power Germany has long had a troubled relationship with selling arms abroad, a legacy of its dark history that is now spelling deep discord with its European allies. Chancellor Angela Merkel's government has recently sparred with both France and Britain over the issue, while trouble is also brewing within her uneasy left-right coalition government. Especially Berlin's decision to freeze weapons sales to Saudi Arabia over the killing last October of journalist Jamal Khashoggi, as well as the Yemen war, has upset Paris and London because it puts joint defence projects on ice.
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