Siemens UK criticises ministers over industrial strategy

Detta inlägg post publicerades ursprungligen på denna sida this site ; Siemens Head of operations in Britain says government is as divided on the policy as it is on Brexit The CEO of Siemens UK has urged the government to offer more support to manufacturers. Photograph: Christof Stache/AFP/Getty Images The chief executive of one of Läs mer…

Unilever stockpiles Magnum ice-cream in case of no-deal Brexit

Detta inlägg post publicerades ursprungligen på denna sida this site ; Unilever Company says it is importing extra supplies in the event that ports grind to a halt Magnums are produced in Unilever’s factories in mainland Europe. Photograph: Carly Earl/The Guardian Unilever is stockpiling Magnum ice cream in the UK to ensure supplies do not Läs mer…

Italy slips into recession for third time in a decade

Detta inlägg post publicerades ursprungligen på denna sida this site ; Italy Country’s economy shrinks by 0.2% amid weakening growth rates across the eurozone Analysts have blamed much of the slump on a budget dispute between Italy and Brussels. Photograph: Max Rossi/Reuters Italy’s economy fell into recession in the final three months of 2018, in Läs mer…

Uber and Cabify to suspend operations in Barcelona

Detta inlägg post publicerades ursprungligen på denna sida this site ; Spain Move follows new rules requiring vehicles to be booked with at least 15 minutes’ notice A person using the Uber app outside the Sagrada Familia in Barcelona. Photograph: Pau Barrena/AFP/Getty Images The app-based ride-hailing services Uber and Cabify are to suspend their operations Läs mer…

Italy falls into recession as eurozone economy struggles – business live

Detta inlägg post publicerades ursprungligen på denna sida this site ; Rolling coverage of the latest economic and financial news, as Italy stumbles back into recession Latest: Italy is in recession again Italian economy shrank by 0.2% last quarter Eurozone only grew by 0.2% Earlier: Introduction: UK house price growth has fizzled out Brexit uncertainty Läs mer…

Morrison defends $36m for two ads before election as 'entirely appropriate'

Detta inlägg post publicerades ursprungligen på denna sida this site ; Australia news Infrastructure spending and income tax campaigns add to $200m advertising bill Scott Morrison says it’s ‘entirely appropriate for Australians to understand what their government is doing’. Photograph: Dave Hunt/AAP The federal government will spend $36m on two campaigns spruiking its infrastructure spending Läs mer…

Facebook posts record profit despite year of scandal

Detta inlägg post publicerades ursprungligen på denna sida this site ; Facebook Fourth-quarter results beat expectations for earnings and revenue as profit hits $6.88bn, up from $4.27bn a year before Facebook’s fourth-quarter results highlighted the distance between its business success and its public reputation. Photograph: Charles Platiau/AP Facebook closed the book on its scandal-plagued year Läs mer…

Deloitte fined £400,000 over company linked to scandal-hit 1MDB

Detta inlägg post publicerades ursprungligen på denna sida this site ; Deloitte Malaysian regulator says firm failed to report irregularities in Islamic bond programme Deloitte was the statutory auditor for BMSB and its holding company 1Malaysia Development Berhad Real Estate (a subsidiary of state fund 1MDB) for the financial years ending March 2015 and 2016. Läs mer…

Foxconn reconsidering $10bn Wisconsin factory plan

Detta inlägg post publicerades ursprungligen på denna sida this site ; Foxconn Plans to manufacture advanced large screen displays may be scaled back or even shelved, due to high labor expenses in the US Foxconn wants to create a ‘technology hub’ in Wisconsin that would largely consist of research facilities along with packaging and assembly Läs mer…

French growth beats forecasts despite gilet jaunes protests – business live

Detta inlägg post publicerades ursprungligen på denna sida this site ; Rolling coverage of the latest economic and financial news, including France’s GDP figures and UK consumer credit stats Introduction: French GDP rose 0.3% in last quarter Net trade boosted growth, but domestic demand weakened CBI: No-deal worries are rising LIVE Updated A yellow vests Läs mer…

'How do they expect to run without us?': Tesla accused of axing staff to cut costs

Detta inlägg post publicerades ursprungligen på denna sida this site ; Tesla Electric car firm slashed 7% of workforce this month and ex-employees say more experienced staff were targeted The Tesla plant in Fremont. A current employee noted many transferred employees took hourly pay cuts, and a few walked off the job as a result. Läs mer…

Pound falls after Commons vote spurs no-deal Brexit fears

Detta inlägg post publicerades ursprungligen på denna sida this site ; Sterling Sterling traders took fright after MPs voted in favour of re-opening talks with Brussels Theresa May at the Commons debate on amendments to the Brexit deal. Photograph: Xinhua/Barcroft Images The pound fell sharply on the foreign exchanges after MPs failed to seize control Läs mer…

Historian berates billionaires at Davos over tax avoidance

Detta inlägg post publicerades ursprungligen på denna sida this site ; Davos 2019 Rutger Bregman tells panel that the real issue is the rich not paying their fair share Play Video 1:46 ’This is not rocket science’: Rutger Bregman tells Davos to talk about tax – video A discussion panel at the Davos World Economic Läs mer…

Apple reports first decline in revenues and profits in over a decade

Detta inlägg post publicerades ursprungligen på denna sida this site ; Apple Company blames iPhone sales and a downturn in China for reduced revenue, a day after it scrambled to fix FaceTime glitch People shop in an Apple retail store in Grand Central Terminal on Tuesday in New York City. Photograph: Drew Angerer/Getty Images Apple Läs mer…

Libya's oil chief calls for national force to guard petroleum installations

Detta inlägg post publicerades ursprungligen på denna sida this site ; Libya Mustafa Sanalla says specialist unit needed to end repeated seizures of oil assets by militias El Sharara, Libya’s biggest oilfield, has been out of operations since it was seized by an armed group in December. Photograph: Ismail Zetouni/Reuters The head of Libya’s national Läs mer…