Business

HMV faces the music in Christmas crunch test

Image copyright HMV Image caption Doug Putman believes in keeping HMV’s core customers happy Since Doug Putman rescued UK music retailer HMV in February, he has thrown himself wholeheartedly into running a transatlantic retail empire. The Canadian businessman has found himself jetting back and forth between his Ontario-based Sunrise Records chain and his newer acquisition. […]

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Seychelles: The island nation with a novel way to tackle climate change

Image caption Fisherman Darryl Green welcomes the restrictions On board Darryl Green’s small fishing boat, just off the island of Praslin in the Seychelles, the water is so clear we can see the seabed. Brightly coloured fish swim around the hull. “You know at my age I’ve seen the fish size decrease dramatically,” the fisherman

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Virgin Trains: Final service departs as UK’s longest-running rail franchise ends

Image copyright Getty Images Britain’s longest-running rail franchise came to an end on Saturday after more than 22 years. Virgin Trains, which began serving the West Coast Main Line in 1997, is being replaced by Avanti West Coast. Almost 500 million journeys have been made with Virgin Trains, which is co-owned by Sir Richard Branson’s

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Elon Musk wins defamation case over ‘pedo guy’ tweet about caver

Image copyright EPA Image caption Elon Musk pictured leaving the courtroom in LA Elon Musk did not defame a British caver who helped in last year’s rescue of trapped Thai schoolboys by calling him a “pedo guy”, a US jury has found. Vernon Unsworth sought $190m (£145m) in damages from the Tesla founder, arguing that

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Uber Releases Sexual Assault Data After Years Of Criticism

WASHINGTON — In an unprecedented move for a public company, or any business, Uber released data on Thursday revealing the number of incidents of sexual assault reported by riders and drivers on its ride-sharing platform in 2017 and 2018. The voluminous 84-page report fulfills the company’s promise last year to be transparent about safety, and publicly release information

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Sweden’s Ericsson to pay over $1bn to settle US corruption probe

Image copyright Reuters Image caption Ericsson is one of world’s biggest makers of mobile network equipment Sweden’s telecoms giant Ericsson has agreed to pay more than $1bn (£760m) to resolve allegations of bribery, the US Department of Justice has announced. It said the company had “admitted to a years-long campaign of corruption in five countries

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