Business

Alibaba backs Hong Kong’s ‘bright’ future with huge listing

Image copyright Getty Images Alibaba chief executive Daniel Zhang has praised Hong Kong’s “bright” future as the Chinese e-commerce giant prepares to list in the embattled financial hub. The firm, which is already traded in the US, hopes to raise up to $13.4bn (£10.4bn) in its secondary listing. That would make it the biggest share […]

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General election 2019: Labour pledges free broadband for all

Media playback is unsupported on your device Media captionLabour’s John McDonnell pledged “free broadband for the country” if the party gets elected Labour has promised to give every home and business in the UK free full-fibre broadband by 2030, if it wins the general election. The party would nationalise part of BT to deliver the

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Australia and others ask for Brexit trade compensation

Image copyright Getty Images Image caption Australia said beef and lamb exporters had been hit by Brexit delays Countries including Australia have asked for trade compensation from the UK and the EU over Brexit disruption. Fifteen countries, including the US, India and New Zealand, have been setting out Brexit concerns at a World Trade Organization

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Germany narrowly avoids recession despite trade war hit

Image copyright EPA Germany has narrowly avoided a recession, according to new official data. The country’s economy grew by 0.1% in the third quarter of the year after contracting in the previous three months. A recession is often defined as two consecutive quarters of declining economic activity. Germany’s strength as an exporter of manufactured goods

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Social-media influencers: Incomes soar amid growing popularity

Image copyright BBC/Reuters Image caption Zoe Sugg (Zoella), singer Rita Ora and model Rosie Huntington-Whiteley are all social-media influencers The money made by social-media influencers has risen meteorically in the last few years, according to a new report. Marketing firm Izea found the average price of a sponsored photo on Instagram has jumped from $134

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