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Image copyright Formula 1 Image caption F1 wants to be ‘carbon neutral’ by 2030 It is no secret that Formula 1 racing is a polluting sport, or that its previous owner Bernie Ecclestone wasn’t particularly interested in sustainability. But things have changed since the elite motor-racing series was taken over by US media giant Liberty […]

Image caption Tech entrepreneur Diana Paredes says she wouldn’t be offended by a low ranking “It’s no big deal if Davos rank us in terms of importance,” says Diana Paredes, a tech entrepreneur and delegate at this week’s World Economic Forum (WEF). She adds: “I’d love to see where I am on the list, probably

Media playback is unsupported on your device Media captionMs Dos Santos has denied allegations that she built her fortune by exploiting her country A banker implicated in the embezzlement and money-laundering case against Africa’s richest woman, Isabel dos Santos, has been found dead in Lisbon. Nuno Ribeiro da Cunha, 45, managed the account of oil

Image copyright MOrrisons Morrisons is axing 3,000 management roles as part of a huge restructuring to create more shop floor jobs. The firm says it is also creating 7,000 new hourly-paid roles at its 500 stores, meaning a net 4,000 new posts. The new jobs will be in customer-facing roles, such as more butchers, bakers,

Image copyright Getty Images Asos sold one black dress every second and one wedding dress every minute during record trade on Black Friday last year. That helped sales at the online fashion retailer jump 20% to £1.1bn in the last four months of 2019. Asos shares surged 12% on the signs of a turnaround at

Image copyright Getty Images Image caption Millions of Chinese people are travelling for the Lunar New Year holiday Chinese online giant Taobao has warned sellers using its platform not to profit from the deadly coronavirus outbreak by raising prices. Fears over the spread of the virus in China have triggered a surge in sales of

Image copyright Reuters Greta Thunberg should go away and study economics before lecturing investors, the US treasury secretary has said. Steven Mnuchin said the activist’s call for investors to divest fossil fuels showed a lack of understanding about the economy and jobs. “After she goes and studies economics in college, she can come back and

Image copyright Getty Images Guitar maker Fender has been fined £4.5m for illegally preventing online discounts on its products in the UK. Fender Europe required sellers to set a minimum online price, breaking competition rules, the Competition and Markets Authority said. This meant that customers could not shop around for the lowest price, the regulator

Image copyright Getty Images Canadian prosecutors want to fine Volkswagen millions of Canadian dollars over its emissions scandal. Volkswagen was charged in December with importing nearly 128,000 vehicles into Canada that violated emissions standards. The company then pleaded guilty to dozens of counts of diesel emissions violations. Globally the scandal has already cost the company

Image copyright Tesla Tesla has displaced Volkswagen as the world’s second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100bn ($76.1bn). The milestone sets the stage for chief Elon Musk to collect billions in pay tied to hitting that target. Tesla’s share price has more than