Business

Image copyright Shannon O’Connor Shannon O’Connor has made $25,000 out of a two-word slogan. All the 18-year-old US art student did was design a T-shirt bearing the phrase: “OK Boomer”. Then she added the kicker: “Have A Terrible Day”. She has to date sold more than 2,000 of the T-shirts and sweatshirts to youngsters keen […]

Image copyright Reuters Image caption The company employs about 3,600 people in Northern Ireland Bombardier’s Northern Ireland operation is on the brink of being sold to a US company, the news agency Reuters reports. The Canadian firm put the factories up for sale in May as part of a reorganisation of its business. The aircraft

Image copyright Getty Images Image caption Qantas said it had found a crack in one of its 737 NG planes Australian airline Qantas has grounded one of its Boeing 737 NG planes after discovering “cracking” in one section. The carrier said several airlines were inspecting their 737 NG fleets after Boeing revealed an area near

Image copyright PA Image caption Vauxhall employs about 3,000 people in the UK Fiat Chrysler is to merge with Vauxhall’s owner PSA to create the world’s fourth largest car company. The two sides say they have yet to finalise all the details, but the 50-50 merger is expected to provide significant cost savings. That has

Image copyright Reuters Lloyds Banking Group has taken a £1.8bn hit for payment protection insurance (PPI) mis-selling compensation, almost wiping out its third quarter profits. It takes the bank’s total bill for the PPI scandal to close to £22bn The PPI cost meant the bank made just £50m of profits in the third quarter. It

Image copyright Getty Images US authorities have struck a deal with financier Jho Low to recover $700m (£541.6m) in assets tied to the multi-billion dollar 1MDB corruption scandal. Mr Low is a central figure in the global scandal which saw billions of dollars go missing from the Malaysian state fund. Assets seized include high-end real

Image copyright Getty Images UK car production fell by 3.8% in September, due to political uncertainty at home and weaker overseas demand, according to the industry’s trade body. Fears over a possible no-deal Brexit dampened demand in the UK, while exports fell 3.4%, the Society of Motor Manufacturers and Traders (SMMT) said. Overall car output

Image copyright Getty Images Tourists are staying away and retailers are reeling after nearly five months of protests that have dealt a “devastating” blow to businesses in Hong Kong, and pushed the economy to the brink. Preliminary growth figures due out Thursday are expected to show Hong Kong has entered a technical recession, defined as

Image copyright Eliza Hunt My Money is a new series looking at how people spend their money – and the sometimes tough decisions they make. Here, Eliza Hunt from Bristol, records her spending over a week, and shares tips for saving including lots of cheap and healthy recipe suggestions. We’re looking for more people to

Image copyright Getty Images Apple’s business is being tested by ongoing weakening in its iPhone sales. In the most recent quarter, iPhone sales dropped to $33.4bn (£25.9bn), down almost 10% year-on-year. Apple’s profit and revenue for the full financial year fell for the first time since 2016, weighed down by the iPhone declines. The fall