Keep Covid rescue programmes or risk triggering stock market crash, warns IMF

Detta inlägg post publicerades ursprungligen på denna sida this site ; Governments and central banks must maintain their pandemic rescue programmes or risk triggering a stock market crash, the International Monetary Fund has said. Warning that there were legitimate concerns Läs mer…

Boeing 737 Max cleared to fly again by EU regulator

Detta inlägg post publicerades ursprungligen på denna sida this site ; Boeing’s 737 Max aircraft has been given the green light to return to the skies in the EU by the European Union Aviation Safety Agency (EASA), after a 22-month Läs mer…

Hinkley Point C costs may rise by £500m on back of Covid crisis

Detta inlägg post publicerades ursprungligen på denna sida this site ; The Covid-19 pandemic could delay construction of the Hinkley Point C nuclear reactor by six months and raise its costs by £500m, according to its developer. The fresh delays Läs mer…

Amazon seeks to block workers from voting by mail in landmark union drive

Detta inlägg post publicerades ursprungligen på denna sida this site ; Amazon is attempting to force workers planning to unionize at an Alabama warehouse to vote in person rather than by mail as it fights off a landmark attempt by Läs mer…

How GameStop found itself at the center of a groundbreaking battle between Wall Street and small investors

Detta inlägg post publicerades ursprungligen på denna sida this site ; The coronavirus pandemic hit GameStop hard. Like many retailers, already suffering from the shift to online sales, the video games chain is losing money and plans to close 450 Läs mer…

Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam

Detta inlägg post publicerades ursprungligen på denna sida this site ; Rating agency S&P has warned 13 oil and gas companies, including the some of the world’s biggest, that it may downgrade them within weeks because of increasing competition from Läs mer…

HSBC denies taking political stance over China's crackdown in Hong Kong

Detta inlägg post publicerades ursprungligen på denna sida this site ; HSBC’s chief executive has denied taking a political stance on China’s crackdown in Hong Kong, claiming the bank was not in a position to question police requests when it Läs mer…

Two years on from Australia's banking royal commission, why has progress stalled?

Detta inlägg post publicerades ursprungligen på denna sida this site ; When the banking royal commission wrapped up in early 2019, the government said it was committed to enacting change. Senior business reporter Ben Butler explains how two years on, Läs mer…

Brexit: Dutch warehouse boom as UK firms forced to invest abroad

Detta inlägg post publicerades ursprungligen på denna sida this site ; Logistics and warehousing companies in the Netherlands are being inundated with requests from British businesses looking to rent warehouse space, as the country experiences a Brexit boom in investment Läs mer…

EU means business over Covid vaccine exports, says Von der Leyen

Detta inlägg post publicerades ursprungligen på denna sida this site ; Commission president says firms must deliver on orders after AstraZeneca warns of shortfall Coronavirus – latest updates See all our coronavirus coverage The EU “means business”, Ursula von der Läs mer…

US companies using pandemic as a tool to break unions, workers claim

Detta inlägg post publicerades ursprungligen på denna sida this site ; Dalroy Connell has worked as a stagehand for the Portland Trailblazers since 1995 when the basketball team began playing games at the Rose Garden Arena. When the pandemic hit Läs mer…

Xi Jinping warns of 'new cold war' if US keeps up protectionism

Detta inlägg post publicerades ursprungligen på denna sida this site ; China’s president, Xi Jinping, has sent out a warning to Joe Biden that he risks a new cold war if he continues with the protectionist policies of his predecessor, Läs mer…

Covid-19 has cost global workers $3.7tn in lost earnings, says ILO

Detta inlägg post publicerades ursprungligen på denna sida this site ; Women and young workers bearing brunt of job losses and reductions in hours, says UN labour body Coronavirus – latest updates See all our coronavirus coverage The economic blow Läs mer…

Someone you loved: how British pop could fade out in Europe

Detta inlägg post publicerades ursprungligen på denna sida this site ; Brexit rule changes that make it tricky to tour the EU will hold back UK artists from a fast-growing market Limiting UK artists from working and touring in the Läs mer…

Covid leaves Boris Johnson with an expensive 'levelling down' problem

Detta inlägg post publicerades ursprungligen på denna sida this site ; The economic impact of Covid will leave Boris Johnson’s government with a costly “double challenge” to level-up the north and Midlands while protecting the affluent towns and cities in Läs mer…

Dr Martens bosses and backers set for huge windfall in £3.5bn float

Detta inlägg post publicerades ursprungligen på denna sida this site ; The British footwear brand Dr Martens is expected to launch a stock market flotation on Monday that would value the Northamptonshire firm at £3.5bn and generate a huge windfall Läs mer…

Tesla investment reaps $29bn profit for Edinburgh fund

Detta inlägg post publicerades ursprungligen på denna sida this site ; Elon Musk has made so much money from Tesla that he is now the richest person on the planet. However, the second-biggest winners are investors in an Edinburgh-based investment Läs mer…

UK bosses set up IT systems to track Covid vaccine status of staff

Detta inlägg post publicerades ursprungligen på denna sida this site ; Employers are creating vaccine databases of their workers to track who has been inoculated against the coronavirus. With some companies announcing they would either sack or refuse to hire Läs mer…

The strange case of Alibaba's Jack Ma and his three-month vanishing act

Detta inlägg post publicerades ursprungligen på denna sida this site ; Wearing burgundy lipstick and a long peroxide wig, the diminutive entrepreneur who would soon become China’s richest man took to the stage and belted out Can You Feel the Läs mer…

Dixons Carphone has bumper Christmas as online revenues soar

Detta inlägg post publicerades ursprungligen på denna sida this site ; Locked-down European consumers bought big-screen TVs, food preparation gadgets and health and beauty appliances, handing Dixons Carphone’s 11% more revenue from selling electrical items over the Christmas trading period Läs mer…

Vulnerable person cut off from landline and broadband for weeks

Detta inlägg post publicerades ursprungligen på denna sida this site ; I am writing on behalf of an 84-year-old friend who lives alone. Just before Christmas, on 21 December, his landline and broadband both stopped working, and, ever since, we Läs mer…

Billionaires add $1tn to net worth during pandemic as their workers struggle

Detta inlägg post publicerades ursprungligen på denna sida this site ; Billionaires in the US have increased their net worth by more than $1tn during the coronavirus pandemic, while many of their US workers have struggled with coronavirus risks in Läs mer…

Bitcoin: be prepared to lose all your money, FCA warns consumers

Detta inlägg post publicerades ursprungligen på denna sida this site ; Consumers should be prepared to “lose all their money” if they invest in products that promise high returns from cryptoassets such as bitcoin, the City watchdog has warned. The Läs mer…

Bitcoin boom threatens to turn it into pure gold

Detta inlägg post publicerades ursprungligen på denna sida this site ; Bitcoin is back, along with the debate over its value. The price of the digital currency is soaring and last week it hit more than $40,000 for the first Läs mer…

Bill Gates joins Blackstone in bid to buy British private jet firm

Detta inlägg post publicerades ursprungligen på denna sida this site ; Bill Gates has joined a £3bn bidding war to buy the world’s largest private jet operator just as he prepares to publish his new book How to Avoid a Läs mer…

Bitcoin tops $40,000 as investors seek hedge against inflation

Detta inlägg post publicerades ursprungligen på denna sida this site ; Bitcoin has surged above the $40,000 (£29,500) mark for the first time in its history after doubling its value in less than a month. The record comes just days Läs mer…

Elon Musk: from bullied schoolboy to world's richest man

Detta inlägg post publicerades ursprungligen på denna sida this site ; Elon Musk’s journey from South African schoolboy to the world’s richest man, pushing the boundaries of space travel, has been one of the more extraordinary tales in the modern Läs mer…

'He's a risk-taker': Germans divided over Elon Musk's new GigaFactory

Detta inlägg post publicerades ursprungligen på denna sida this site ; For the past 10 months, Silas Heineken has been flying a drone over one of Germany’s biggest building sites and posting the images on YouTube. The 14-year-old self-named “Tesla Läs mer…

'We see huge benefits': firms adopt four-day week in Covid crisis

Detta inlägg post publicerades ursprungligen på denna sida this site ; When Target Publishing cut staff pay after the first coronavirus lockdown last year, the magazine group knew it had to make a positive gesture to its employees. So it Läs mer…

Tesla almost hits 500,000-car delivery target for 2020 despite pandemic

Detta inlägg post publicerades ursprungligen på denna sida this site ; The manufacturer delivered 499,550 cars in 2020, thanks to an end-of-year sales bump UK carmakers have three years to source local electric car batteries ‘Peak hype’: why the driverless Läs mer…

'Peak hype': why the driverless car revolution has stalled

Detta inlägg post publicerades ursprungligen på denna sida this site ; As Uber parks its plans for robotaxis, experts admit the autonomous vehicle challenge is bigger than anticipated Tesla almost hits 500,000-car delivery target for 2020 despite pandemic UK carmakers Läs mer…

'Energy needed a digital revolution – and we are it'

Detta inlägg post publicerades ursprungligen på denna sida this site ; Greg Jackson, chief executive of Octopus Energy, wears the unassuming combination of jeans and trainers one might expect from the founder of a wildly successful startup. There’s also a Läs mer…

UK chipmaker Graphcore valued at $2.8bn after it raises $222m

Detta inlägg post publicerades ursprungligen på denna sida this site ; Graphcore, the UK maker of chips designed for use in artificial intelligence, has raised $222m (£164m) from investors, valuing the company at $2.8bn. The Bristol-based company’s latest round of Läs mer…