Business: United Kingdom

The Guardian - Business (27 minutes ago)

Environmental groups say bosses should 'hang their heads in shame' as firm bows to pressure from shareholders to cut costsUnilever is to scale back its environmental and social aims, provoking critics to say its board should "hang their heads in shame”.The consumer goods company behind brands ranging from Dove beauty products to Ben & Jerry's...

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The Guardian - Business (27 minutes ago)

Process has coincided with a rise in price in the past and is due to take place again on SaturdaySatoshi Nakamoto, the pseudonymous creator of bitcoin, still has an influence on the cryptocurrency nearly 14 years after disappearing.This week the protocol designed by Nakamoto – an individual or group of individuals who went silent in December 2010...

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BBC - Business (34 minutes ago)

The winemakers using artificial intelligence to help them grow grapes and blend their wines.

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BBC - Business (34 minutes ago)

Critall windows date back to the 1880s but their steel construction makes them vulnerable to damp.

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BBC - Business (34 minutes ago)

The US government has directed unprecedented sums of money at green energy projects.

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BBC - Business (34 minutes ago)

Thousands of Chinese companies are making synthetic opioids and shipping them around the world.

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BBC - Business (34 minutes ago)

The deal, if approved by shareholders and judges, would be the largest in corporate America.

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BBC - Business (34 minutes ago)

Sell or be banned - TikTok's US operations, by some estimates, could fetch up to $100bn.

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BBC - Business (34 minutes ago)

The regulator calls the data a "wake up call", and says parents and industry need to do more.

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BBC - Business (34 minutes ago)

Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.

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BBC - Business (34 minutes ago)

The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.

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BBC - Business (2 hours ago)

An EU-developed app to ease predicted queues under a new border system will not be ready in time, says Eurostar boss.

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BBC - Business (5 hours ago)

Emirates airline has apologised for the disruption, saying its response was far from "perfect".

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The Guardian - Business (5 hours ago)

Recall represents another 'black eye' for the company which saw its share prices fall this week, wiping away all its gains this yearTesla recalled all Cybertrucks Friday after federal safety regulators contacted the company over malfunctions with the vehicle's accelerator pedal. New Cybertruck orders have been reportedly cancelled or stalled. The...

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The Guardian - Business (5 hours ago)

Vote makes Chattanooga factory first auto plant in US south to unionize via election since the 1940sVolkswagen workers at the carmaker's Chattanooga plant in Tennessee have voted to unionize with the United Auto Workers, a historic victory for the union and the labor movement's efforts to expand to the southern United States.The vote was the first...

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BBC - Business (7 hours ago)

New official figures show that inflation, the rate at which prices rise over time, fell again in March.

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BBC - Business (17 hours ago)

Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.

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The Guardian - Business (A day ago)

US officials say pedal pad could come loose and get lodged in interior trim, causing vehicle to accelerate unintentionallyTesla is recalling all 3,878 Cybertrucks it has shipped since the vehicle was released in late 2023, according to a Friday filing from the US National Highway Traffic Safety Administration (NHTSA), following reports of a faulty...

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BBC - Business (A day ago)

A top lawyer says he and others missed a finding in 2014 that the software could be accessed remotely.

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BBC - Business (A day ago)

Oil prices eased after Iran said a missile strike from Israel did little damage.

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BBC - Business (A day ago)

Higher prices put off shoppers as sales volumes overall stagnate in March.

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BBC - Business (A day ago)

The two lenders agree terms on a takeover deal that could be worth up to £780m.

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BBC - Business (A day ago)

A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".

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The Guardian - Business (A day ago)

Pair also join two other siblings on board, further strengthening family's control of French luxury goods companyTwo sons of the world's richest man, Bernard Arnault, have joined the board of LVMH after a shareholder vote, further cementing the family's control of the French luxury goods company.The pair joined their elder siblings on the board of...

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The Guardian - Business (2 days ago)

European Commission has concerns about app's impact on children, as well as addictionThe EU has given TikTok 24 hours to provide a risk assessment over a new service it has launched amid concerns it could encourage children to become addicted to videos on the platform.The watch-and-get-rewarded application, TikTok Lite, launched in France and Spain...

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The Guardian - Business (2 days ago)

Google workers linked to No Tech for Apartheid denounce 'flagrant act of retaliation' in dispute over $1.2bn cloud contractGoogle said on Thursday it had terminated 28 employees after some staff participated in protests against the company's cloud contract with the Israeli government. Employees staged sit-ins at their offices, some for more than...

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The Guardian - Business (2 days ago)

Delaware court in nullified compensation deal based on carmaker's market value in January, calling it 'unfathomable sum'Tesla on Wednesday asked its shareholders to once again approve CEO Elon Musk's record-breaking $56bn pay that was set in 2018. A Delaware judge rejected the pay package in January, calling it excessive and saying the company's...

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BBC - Business (2 days ago)

Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its economy.

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The Guardian - Business (2 days ago)

Gigantic bill apparently reflected using 9.5 gigabytes of data on a phone that had not been set up for international roamingA Florida man was stunned to come back from a European trip and – upon checking his phone bill – realize that he had been charged a staggering $143,000 by his phone company for using his device while overseas.ABC Action...

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The Guardian - Business (2 days ago)

Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe governor of the Bank of England, Andrew Bailey, has shrugged off a smaller-than-expected drop in inflation last month, saying he expected a sharp fall towards the...

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BBC - Business (2 days ago)

Former sub-postmaster says a top Post Office lawyer should not be involved in Horizon redress.

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The Guardian - Business (2 days ago)

Announcement of streaming service for content 'at risk of cancellation' comes as company shares continue downward slideDonald Trump's social media empire has announced plans to launch a streaming platform. Its shares continued to fall.Trump Media & Technology Group, owner of Truth Social, has come under pressure since its stunning stock market...

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BBC - Business (2 days ago)

Some inbound flights to the world's second busiest airport resume, but many passengers remain stranded.

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BBC - Business (2 days ago)

Google sacked 28 staff members for taking part in protests against a contract with the Israeli government.

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BBC - Business (2 days ago)

Lloyds says thousands have fallen victim to ticket scams, with fans losing an average of £332 each.

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BBC - Business (2 days ago)

The Samba, Gazelle and Campus shoe maker expects to make €700m (£598m) operating profits in 2024.

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BBC - Business (2 days ago)

The employee said he had pressed the "zero bags used" button accidentally when shopping.

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The Guardian - Business (2 days ago)

President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucialJoe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to block the acquisition of US Steel by a Japanese company during a speech to steelworkers on Wednesday in the battleground state of Pennsylvania, where union...

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BBC - Business (2 days ago)

Police took down the international scam on Tuesday and say there could be up to 70,000 UK victims.

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The Guardian - Business (2 days ago)

Swiss food firm's infant formula and cereal sold in global south ignore WHO anti-obesity guidelines for Europe, says Public EyeNestlé, the world's largest consumer goods company, adds sugar and honey to infant milk and cereal products sold in many poorer countries, contrary to international guidelines aimed at preventing obesity and chronic...

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The Guardian - Business (2 days ago)

Uri Berliner suspended without pay for five days by National Public Radio for unauthorised outside work for another outletThe National Public Radio employee who recently published a scorching letter accusing the media organization of a liberal slant has been suspended without pay for five days.Uri Berliner, an NPR senior business editor, was...

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BBC - Business (2 days ago)

A report claims Henry Staunton used derogatory language about recruiting a board member

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BBC - Business (3 days ago)

Lawmakers voice concerns over claims that Boeing threatens staff who raise safety concerns.

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BBC - Business (3 days ago)

Hundreds of flights were cancelled on Wednesday at the major hub, which connects to every continent.

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The Guardian - Business (3 days ago)

Olaf Scholz says European cars should have equal access to Chinese customersEurope live – latest updatesThe chancellor of Germany has urged industry bosses in China to play fair by not overproducing cheap goods or infringing copyright rules.Speaking on a three-day visit to China, where he is travelling with leading business representatives and...

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BBC - Business (3 days ago)

Former Post Office chairman Allan Leighton apologises for his part in the "terrible" Horizon scandal.

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The Guardian - Business (3 days ago)

United Auto Workers faces first real test in campaign to unionize 13 automakers across US as Volkswagen workers vote in TennesseeThe United Auto Workers (UAW) has launched an ambitious campaign to unionize 13 non-union automakers across the US, and the first big test begins this Wednesday when 4,300 Volkswagen workers in Chattanooga, Tennessee,...

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BBC - Business (3 days ago)

The engineer has said he wouldn't let his family fly on 787 planes because of safety concerns.

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BBC - Business (3 days ago)

It is the latest protectionist policy to be embraced by the White House in an election year.

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The Guardian - Business (3 days ago)

Billionaire says 'there is nothing I hate more' than cutting staff as more than 10% of workforce to be affectedBusiness live – latest updatesTesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, as the electric carmaker reacts to slowing demand and pressure on prices.The chief executive, Elon Musk,...

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BBC - Business (3 days ago)

An investigation on behalf of the Post Office cleared Nick Read of misconduct allegations.

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BBC - Business (3 days ago)

Allan Leighton was chairman of Royal Mail and Post Office as the Horizon scandal developed.

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BBC - Business (3 days ago)

The firm had to ground its Boeing 737 MAX 9 fleet after a mid-air blowout on an Alaska Airlines flight.

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BBC - Business (4 days ago)

Campsites and outdoor attractions say the wet and windy Easter break hit their bookings.

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BBC - Business (4 days ago)

The unemployment rate is relatively low historically, but millions aren't working.

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BBC - Business (4 days ago)

The slowing jobs market has raised questions over when the Bank of England might cut interest rates.

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BBC - Business (4 days ago)

VW workers in the south vote on whether to join a union - a test of how far worker activism has spread.

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BBC - Business (4 days ago)

David Miller says he should have read a 2003 report calling out Horizon system discrepancies.

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BBC - Business (4 days ago)

The jars of strawberry jam, labelled America Riviera Orchard, have been shared with friends and influencers.

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BBC - Business (4 days ago)

The brand, which runs 216 shops as well as franchised stores, is looking at ways to save cash.

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BBC - Business (4 days ago)

West Midlands Police says the airport has now reopened as there is no wider risk to the public.

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BBC - Business (4 days ago)

The train firm says it is in "intense" talks with the government and Transport for London.

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BBC - Business (4 days ago)

Treasury Secretary Janet Yellen says Iran's oil exports "remain in focus as a possible area" they could address.

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BBC - Business (4 days ago)

The IMF estimates Russia's economy will grow faster than the likes of the US, UK and Germany this year.

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The Guardian - Business (4 days ago)

In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has 'opened Pandora's box'One of the biggest battles over Colorado River water is being staged in one of the west's smallest rural enclaves.Tucked into the bends of the lower...

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BBC - Business (4 days ago)

Some Scottish Power customers will receive an average of nearly £300 after being overcharged.

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BBC - Business (4 days ago)

The airline blames the "evolving situation in Israel" for stopping journeys to Tel Aviv

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BBC - Business (5 days ago)

EasyJet has suspended planes travelling to Tel Aviv until 21 April following Tehran's attack.

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BBC - Business (5 days ago)

Prices had already risen in expectation of action, with Brent crude near a six-month high last week.

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BBC - Business (5 days ago)

Official figures also highlighted the challenges faced by the country's crisis-hit property sector.

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BBC - Business (5 days ago)

Tata says its "most favourable financial package" will not be paid if workers go on strike.

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The Guardian - Business (5 days ago)

Use of portal to flag safety and quality issues 'exploded', executive says, amid intense scrutiny following Alaska Airlines incidentAn internal service for Boeing employees to raise safety and quality concerns has "exploded” this year, an executive claimed, after a whistleblower said he endured retaliation for speaking up.The planemaker has come...

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BBC - Business (5 days ago)

Much vaunted plans for a Northumberland gigafactory collapsed along with the company Britishvolt.

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The Guardian - Business (5 days ago)

Tech giant is protesting proposed law that would require large online platforms to pay 'journalism usage fee'Google has temporarily blocked links from local news outlets in California from appearing in search results in response to the advancement of a bill that would require tech companies to pay publications for links that articles share. The...

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The Guardian - Business (5 days ago)

After Eaze workers unionized with United Food and Commercial Workers, company cut pay and wouldn't address it in negotiationsDelivery drivers and other workers at the US's largest cannabis-delivery company are threatening to strike in what would probably be the biggest work stoppage to hit the cannabis industry.Nearly 600 workers at 11 depot...

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BBC - Business (5 days ago)

Shares in the social media firm fell sharply after it said it could issue millions more shares.

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BBC - Business (5 days ago)

The M25 will be shut between junctions nine and 10 from 21:00 BST on 10 May until 06:00 on 13 May.

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BBC - Business (5 days ago)

Food business owners say new EU import tariffs risk pushing smaller firms to the brink.

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The Guardian - Business (5 days ago)

South Korean firm regains pole position amid biggest drop in iPhone sales since Covid-19 lockdownsApple has lost its spot as the world's biggest mobile phone seller after a steep sales drop as South Korean rival Samsung retook the lead in the global market share.Samsung had been the biggest seller of mobile phones for 12 years until the end of...

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BBC - Business (6 days ago)

The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost.

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BBC - Business (6 days ago)

At its height, Little Chef had 439 restaurants across the UK but just two decades later they were all gone.

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The Guardian - Business (6 days ago)

Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this weekThere is likely to be a sense of relief when the International Monetary Fund and the World Bank hold their half-yearly meetings in Washington this week. Not because the world is crisis-free – it clearly isn't – but...

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The Guardian - Business (6 days ago)

Some companies operate a draconian policy on drugs and other intoxicants. Fine. But for me it's performance that countsCannabis. Caffeine. Adderall. Xanax. Ritalin. Vicodin. Tito's and Jameson. These are all legal substances in most states. Some can only be used when medically prescribed. The others are used "recreationally” and more people are...

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The Guardian - Business (6 days ago)

Brazilian president Lula's proposals have the backing of the World Bank. Now we need action All things considered, the world's richest countries have emerged from the global pandemic in better shape than they could have imagined when Covid-19 first appeared just over four years ago.To be sure, the impact of lockdown and its aftermath has been...

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BBC - Business (6 days ago)

Olivia Jenkins named her jewellery brand after her mother who died of cancer in 2017.

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The Guardian - Business (A week ago)

More than 40 locations across the US reported the backlash after rightwing account stokes anti-trans rhetoric about its rulesMore than 40 Planet Fitness locations across the country have received bomb threats after a conservative movement against the gym's trans-inclusive locker room policy went viral online.In the weeks since the backlash against...

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BBC - Business (A week ago)

Alan Bates, who has led a campaign for justice for decades, says he wants people to be held to account.

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The Guardian - Business (A week ago)

The union leader has galvanized organized labor in a critical year, after securing a historic deal with the big three carmakers in 2023From Amazon and UPS to Starbucks and Hollywood studios, organized labor is making a comeback in the US after decades of decline. Shawn Fain thinks he knows why: "Workers have realized they've been getting screwed...

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The Guardian - Business (A week ago)

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firmsAbu Dhabi's state-owned oil company reportedly recently explored a multibillion-pound bid for BP, in a sign that depressed share values in London are making even the biggest British businesses takeover targets.Abu Dhabi National Oil Company (Adnoc)...

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The Guardian - Business (A week ago)

Truong My Lan found guilty of embezzling from Saigon Commercial Bank in case that was part of wider crackdownA prominent property tycoon has been sentenced to death for her role in Vietnam's biggest-ever fraud case.Truong My Lan, the chair of the developer Van Thinh Phat, was found guilty of embezzlement, bribery and violations of banking rules on...

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BBC - Business (A week ago)

Alan Cook said he would "regret for life" sending the email about sub-postmasters who were wrongly convicted of theft.

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BBC - Business (A week ago)

The sensational case saw 10 Chinese nationals charged for laundering profits from illegal businesses.

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BBC - Business (A week ago)

Under-investment had led to a "complicated and unwieldy system" being used, a review has found.

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The Guardian - Business (A week ago)

UK vineyards are thriving as far north as Yorkshire and Scotland as investors cash in on tax breaks and hotter summers"We've never had frost here,” says Adrian Pike, gesturing across rows of vines just starting to show signs of tiny buds in the weak Kent spring sunshine.Westwell vineyard is on the site of a former monastery and sits close to the...

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The Guardian - Business (A week ago)

Conservatives are taking legal action against public and private organizations that aim to aid women and people of colorLast year's supreme court decision to ban affirmative action in college and university admissions was a watershed moment for far-right conservative activists and groups, who have used the momentum to target not only public...

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BBC - Business (A week ago)

Adam Crozier was chief executive of Royal Mail from 2003 to 2010, when it owned the Post Office.

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BBC - Business (A week ago)

The financial watchdog has warned firms to ensure they have enough money for potential compensation.

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BBC - Business (A week ago)

Record-breaking rainfall leaves fields under water, threatening this year's harvest yield and quality.

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BBC - Business (A week ago)

No food or drink will be available on some Gatwick flights during strikes by catering contractors.

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The Guardian - Business (A week ago)

Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high pricesWe learned this week that the Consumer Price Index climbed 3.5% in March from a year earlier, up from 3.2% in February, and faster than most economists anticipated.This poses a conundrum for central bankers who have made it...

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The Guardian - Business (A week ago)

Launches within 12 hours of one another, and more activity expected in industry over summerOpenAI, Google, and the French artificial intelligence startup Mistral have all released new versions of their frontier AI models within 12 hours of one another, as the industry prepares for a burst of activity over the summer.The unprecedented flurry of...

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BBC - Business (A week ago)

Seema Misra was pregnant when she was wrongly jailed after being prosecuted by the Post Office.

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BBC - Business (A week ago)

Senate Banking Committee chair called Chinese EVs an "existential threat" to the US motor industry.

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The Guardian - Business (A week ago)

Managing director David Smith emailed team in 2010 to say Seema Misra's conviction was 'brilliant news'A post office operator who was wrongly prosecuted while pregnant has rejected a Post Office executive's apology for having sent an email celebrating her conviction as "brilliant news”.The inquiry into the Horizon IT scandal heard that David...

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BBC - Business (A week ago)

All sorts of organisations have sirens ready for industrial accidents and other emergencies.

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The Guardian - Business (A week ago)

Kristalina Georgieva also cautions of danger of 'tepid twenties' – a decade of sluggish economic growthBusiness live – latest updatesUK politics – latest updatesThe world's leading central banks must resist calls from politicians for early interest rate cuts amid concerns over stubbornly high inflation on both sides of the Atlantic, the head...

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The Guardian - Business (A week ago)

The consumer-price index, driven by fuel and housing costs, rose 0.4% from February, higher than the 0.3% expectedGlobal financial markets have scaled back expectations for an imminent cut in interest rates on both sides of the Atlantic after figures showed US inflation rose by more than expected in March.Figures from the US Department of Labor...

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BBC - Business (A week ago)

David Smith sent an email saying the 2010 conviction of pregnant Seema Misra, which was later overturned, was "brilliant news".

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BBC - Business (A week ago)

Holidaymakers who had to be evacuated from Rhodes last year can get money off for hotel stays.

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BBC - Business (A week ago)

Retired athlete Stef Reid says the company doesn't sell single shoes despite using amputee models.

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The Guardian - Business (A week ago)

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way offThere's takeover drama in the self-storage world this morning, as another UK company falls to a foreign buyer.Europe's Shurgard has agreed a deal to buy London-listed Lok'nStore, in a deal worth...

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BBC - Business (A week ago)

Biofuel company Firefly says it has already made a deal to supply airline Wizz Air.

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BBC - Business (A week ago)

People are unknowingly buying fakes from Chinese firms through online marketplaces, reports suggest.

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The Guardian - Business (A week ago)

Increase of 2% last year driven by plant expansion in China and slowdown in US and Europe closuresThe world's coal power capacity grew for the first time since 2019 last year, despite warnings that coal plants need to close at a rate of at least 6% each year to avoid a climate emergency.A report by Global Energy Monitor found that coal power...

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The Guardian - Business (A week ago)

Federal Aviation Administration looking into claims US aircraft maker knew of flaws but covered them up to speed productionClaims that Boeing knew of safety flaws in the manufacture of one of its largest passenger jet aircraft, but covered them up to speed production, are under investigation by the Federal Aviation Administration (FAA), according...

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BBC - Business (A week ago)

Artificial intelligence software is being used to predict electricity demand and supply.

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BBC - Business (A week ago)

The former Post Office boss has been accused of giving a false statement about postmaster cases to a minister.

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BBC - Business (A week ago)

The UK's biggest supermarket chain made annual pre-tax profits of nearly £2.3bn up from £882m.

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The Guardian - Business (A week ago)

Law firm's founders among those to face money laundering charges after leak of 11.5m files in 2016A criminal trial of 27 employees working for the law firm at the heart of the Panama Papers on money laundering charges has commenced in a Panamanian court.Eight years ago, leaked financial records from the law firm Mossack Fonseca sparked...

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BBC - Business (A week ago)

The cost of applying for a new passport, as well as renewing one, goes up from midnight on Thursday.

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The Guardian - Business (A week ago)

Call for caution amid fears government intervention could lead to costly mistakes and prompt subsidy battleAggressive use of industrial policy by the world's most powerful economies risks becoming an expensive mistake that could trigger a tit-for-tat subsidy war, the International Monetary Fund has said.In a warning shot to governments around the...

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The Guardian - Business (A week ago)

Small business owner Scott Richardson chose Trump to shake things up but a strong economy means he's sticking with BidenFor the past 35 years, Scott Richardson and his wife, Theresa, have run a small, cheerful restaurant and catering business outside Philadelphia. Occasionally Yours has long been a community meeting spot in the town of Swarthmore....

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The Guardian - Business (A week ago)

Weisselberg pleaded guilty last month to two counts of perjury in the first degree in civil fraud caseThe ex-Trump Organization executive Allen Weisselberg has been sentenced to five months in jail for lying under oath in civil fraud case.The former Trump Organization chief financial officer, 76, was expected to receive this sentence after pleading...

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BBC - Business (A week ago)

Nicholas Marks, 56, from Beaconsfield, is accused of fraud by not paying workers' wages and pensions.

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BBC - Business (A week ago)

Inflation was 3.5% in March, a sign that cooling has stalled and interest rate cuts may be delayed.

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The Guardian - Business (A week ago)

The NLRB general counsel has accused US's largest corporations of creating distractions to cover their law-breakingThe US's top labor lawyer has said her agency will not "succumb” to Amazon, Starbucks and SpaceX's attempts to legally challenge the National Labor Relations Board and its ability to enforce federal labor law.Jennifer Abruzzo, the...

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BBC - Business (A week ago)

Many feel "heavily burdened” by their finances but the picture has improved from 2023, a survey finds.

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The Guardian - Business (A week ago)

Stock has become actively shorted as traders are betting on company's fall, and the ex-president's stake is now valued at $3bnDonald Trump's media and technology group, DJT, has lost about 36% of its value since it began publicly trading on 22 March, dropping the former president's stake to about $2.8bn.As of Monday afternoon, DJT stock was priced...

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BBC - Business (A week ago)

Boeing shares dropped almost 2% after concerns were raised over its 787 and 777 jets.

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BBC - Business (2 weeks ago)

He told the official inquiry that a "once great" institution had been "asset stripped" by former bosses.

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BBC - Business (2 weeks ago)

Payments to pensioners have risen by 8.5% following the government's "triple lock" pledge.

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BBC - Business (2 weeks ago)

The company is seeking an injunction against the Premier League club's exclusive deal with JD Sports.

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BBC - Business (2 weeks ago)

The banking giant is set to take a billion-dollar loss by exiting Argentina after nearly 30 years.

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The Guardian - Business (2 weeks ago)

The ex-president is now majority owner of an unpopular website worth billions – and the truth behind how that happened really isn't all that impressiveA lot of people think investing in the stock market is rigged in favor of the big investors, the large financial firms and the people in the know. Small-fry individual investors have as much chance...

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BBC - Business (2 weeks ago)

A total of 6,200 visas were issued under the scheme, which was introduced in 2013 after the eurozone crisis.

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The Guardian - Business (2 weeks ago)

One large wholesaler says the industry is under pressure amid inflation, rising prices for beans and wages growthGet our morning and afternoon news emails, free app or daily news podcastIf there's one thing Australians like more than coffee, it's whinging about the price of coffee.The latest round of coffee-breathed howling started after a...

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The Guardian - Business (2 weeks ago)

Company says settlement will resolve all class action claims within 20-mile radius from February 2023 derailmentNorfolk Southern has agreed to pay $600m in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio.The company said the agreement, if approved by the court, will resolve all class action...

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The Guardian - Business (2 weeks ago)

Rolling coverage of the latest economic and financial news, as gold rises almost 1% today to $2,365 per ounceUK retailers given hope of 'green shoots of recovery' after Easter pickupMexican precious metals mining company Fresnillo is benefitting from the rally in gold and silver.Fresnillo is leading the risers on the UK's FTSE 100 share index this...

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BBC - Business (2 weeks ago)

Engineers in a village near Bristol make the fastest-reacting car simulator in the world

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BBC - Business (2 weeks ago)

An executive at the investment firm said the press was making "childish jokes" about its rebrand.

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BBC - Business (2 weeks ago)

Before the King, only his mother Queen Elizabeth II had featured on UK banknotes.

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BBC - Business (2 weeks ago)

Jamie Dimon, the boss of JPMorgan Chase, said the bank is preparing for both rate cuts and rises.

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The Guardian - Business (2 weeks ago)

G20 countries spent $142bn in three years to expand operations despite a G7 pledge to stop doing so, study findsThe world's biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars, despite their commitments on the climate.The G20 group of developed and developing economies, and...

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BBC - Business (2 weeks ago)

The defendants include the founders of law firm Mossack Fonseca which was shut down in 2018.

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The Guardian - Business (2 weeks ago)

A jury found that Do Kwon and Terraform Labs misled investors before the collapse of the company's namesake cryptocurrencyA jury in Manhattan found a Singapore-based former crypto CEO liable on civil fraud charges on Friday, agreeing with the US Securities and Exchange Commission that both he and his firm misled investors before the 2022 collapse...

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BBC - Business (2 weeks ago)

New legislation will clear hundreds of sub-postmasters wrongly convicted due to faulty IT software.

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BBC - Business (2 weeks ago)

Rail workers at 16 companies are taking industrial action but tube strikes have been called off.

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BBC - Business (2 weeks ago)

Administrators to the company behind the High Street fashion chain announce cuts to try to reduce costs.

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The Guardian - Business (2 weeks ago)

As the organisation's anniversary nears, borders around the world are closing againWhen trade ministers gathered in the Moroccan city of Marrakech 30 years ago this month to sign the agreement creating the World Trade Organization (WTO), the mood was celebratory. The Berlin Wall had come down only recently, communism had collapsed, and there was...

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The Guardian - Business (2 weeks ago)

Rate declines for 15th consecutive month across 38 OECD countries from 6.3% in January to 5.3% in FebruaryBusiness live – latest updatesFood prices across the world's richest nations rose in February at the slowest rate since before the Russian invasion of Ukraine, according to figures that show easing inflationary pressures on households.The...

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BBC - Business (2 weeks ago)

The US has been pushing to expand chip production, citing economic and national security risks.

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BBC - Business (2 weeks ago)

The Southwest Airlines flight had to return to Denver International airport shortly after taking off.

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BBC - Business (2 weeks ago)

The retail partnership says Jason Tarry will be its next chairman, taking over from Dame Sharon White.

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BBC - Business (2 weeks ago)

The company says the incident has caused "considerable operational disruption", particularly in the UK.

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BBC - Business (2 weeks ago)

Top executives have made £19.4m over 24 years since the flawed IT system was in place

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BBC - Business (2 weeks ago)

Nail technicians unite to raise their charges in what they call "National Nail Price Increase Day”.

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BBC - Business (2 weeks ago)

In a rare move, state-owned China Construction Bank have taken legal action against a property developer.

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The Guardian - Business (2 weeks ago)

Business groups claim hard-fought $20 hourly wage victory will cause reduced hours, layoffs and price hikes – critics say otherwiseAs fast-food workers celebrated a pivotal wage increase to $20 an hour in California last week, an old economic debate was awakened by business groups and others claiming the increase will wind up hurting workers...

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BBC - Business (2 weeks ago)

"All the work you could want, but there isn't anywhere to live," say those struggling on the island.

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BBC - Business (2 weeks ago)

McDonald's will buy back all of its Israeli sites after sales slumped following a boycott of the brand.

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