Business

Lidl lines up suppliers to cover no-deal costs

Image copyright Getty ImagesImage caption Tariffs on food such as beef and milk can be high Lidl’s Irish business has reminded British suppliers they are expected to pay any EU import tariffs imposed on goods crossing borders after Brexit. Currently, as both countries are member states, no tariffs are paid. But Lidl’s current contracts with […]

Business

Trump plays down fears of US recession

Image copyright Getty Images Donald Trump has tried to reassure markets about the risk of the US falling into a recession by saying the economy is doing “tremendously well”. The US president said he did not see a recession – usually defined as when an economy shrinks for two consecutive quarters. White House economic adviser […]

Business

Didcot power station: Power cut as cooling towers demolished

Media playback is unsupported on your device Media captionThe moment Didcot power station cooling towers were demolished. Thousands of households lost electricity moments after a disused power station’s remaining cooling towers were demolished. Didcot A’s 375ft (114.3m) high towers were brought down using explosive charges at 07:00 BST. Witnesses said they saw a pylon nearby […]

Business

Argentina’s economy minister resigns as peso sheds value

Image copyright AFPImage caption Nicolas Dujovne resigned on Saturday after a week of economic turmoil Argentina’s economy minister Nicolas Dujovne has resigned amid a financial crisis exacerbated by the president’s defeat in a primary poll. The country’s peso shed 20% of its value against the US dollar after President Mauricio Macri suffered the resounding loss […]

Business

Lime and soda? No thanks, say non-drinkers

Image copyright SEEDLIPImage caption Ben Branson, founder of Seedlip: ‘What do you drink when you’re not drinking?’ The days of lime and soda are over. “Sugary, carbonated or fruit-based juice drinks just won’t do” for those seeking a booze-free alternative. At least, that is the view of Seedlip, which claims to be making the world’s […]

Business

Can big investors save the world?

Image copyright GoogleImage caption While young people have been demonstrating against climate change, big financial players are putting on pressure from a different direction While young people throng the streets demanding action on man-made climate change, an older, more sober group of activists is fighting a green campaign: big investors. The men and women who […]

Business

Labour promises to tackle ‘retail apocalypse’

Image copyright Getty Images Labour leader Jeremy Corbyn has announced proposals to help Britain’s “struggling” high streets. He said he wanted to give councils the power to reopen shops in premises left vacant for more than a year. Mr Corbyn also said empty shops should be given to start-up business and community projects in an […]

Business

‘Fake’ Amazon ambassadors baited on Twitter

Image copyright ReutersImage caption A worker in an Amazon warehouse in Mexico City, Mexico Amazon workers praising their working conditions on social media are being accused of lying by other users. Twitter users are pointing to apparent inaccuracies and “robotic” or “scripted” language as evidence that employees are being “paid to lie”. A number of […]