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Showing posts with the label BUSINESS

United Airlines to lose money over Boeing groundings

United Airlines is the biggest operator of Boeing 737 Max 9 airplanes.

Bailiff referrals rise by 20% over council debts

A BBC investigation finds Birmingham council tops the list with a 500% increase between 2022 and 2023.

Start-ups frustrated by HMRC's 'slowness and lack of communication'

Delays and a lack of communication from the tax authority are holding back new businesses, a group says.

Red Sea 'scary' for ships' crews, says captain

The captain of a vessel in the Red Sea shares his concerns about the Houthi attacks on shipping.

US stocks surge to record high as market rebounds

Investors have been cheered by hopes that the US central bank's campaign of raising interest rates is over.

Energy standing charges review prompts huge response

Ofgem said 20,000 people had been in touch about the daily fees before consultation closes later on Friday.

Sheryl Sandberg to step down from Meta board

The ex-COO of Facebook is credited with turning the company into a profit powerhouse.

Unseen images of code breaking computer that helped win WW2

Intelligence agency GCHQ say pictures of Colossus a reminder of the UK ingenuity that helped defeat Hitler.

Diddy and drinks giant Diageo settle dispute over tequila

A joint statement on Tuesday confirmed Diddy had withdrawn all of his allegations against Diageo.

Wage growth slows again as job market stalls

Pay growth in the three months to November eased to 6.6% on average, but is still higher than inflation.

AI to hit 40% of jobs and worsen inequality, IMF says

Policymakers should address the "troubling trend", says the organisation's managing director Kristalina Georgieva.

Fujitsu Japan remains tight-lipped on the Post Office scandal

In Fujitsu's home market, hardly anyone had heard of the Horizon scandal until this week.

Post Office may face £100m tax bill over victim payouts - experts

It may have underpaid more than £100m in tax while overpaying its senior executives, according to experts.

HelloFresh fined over millions of spam texts and emails

The food delivery firm sent 79 million emails and a million texts during a seven-month campaign.

Where will all the electric cars be charged?

Lampposts and mobile charging machines are being touted as the answer to charging electric cars.

Shoppers and retailers set for 'challenging' 2024, says BRC

The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.

Student loan costs to balloon £10bn a year - IFS report

The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.

Apple pays out over claims it deliberately slowed down iPhones

The tech giant is compensating US customers and faces similar allegations in the UK.

US budget: Spending deal reached as shutdown deadline looms

President Biden says the agreement "clears the way" for Congress to avoid a government shutdown.

Flights cancelled as regulator grounds Boeing 737 Max 9s over blowout

The US aviation regulator grounds 737 Max 9s to conduct urgent checks after the incident in Oregon.