Business

Image caption Roger Jenkins is one of the former Barclays executives accused of fraud Two top executives at Barclays Bank dishonestly hid a £280m payment to investors from Qatar, a court heard today. Prosecutors said the executives created a bogus agreement for advisory services so they could pay Qatari investors extra fees for investing. The […]

Attendees of a summit for senior executives said that a fireside chat with investment analyst Ken Fisher went off the rails Tuesday, as the billionaire reportedly used his time to rant about genitalia, Jeffrey Epstein and the immorality of charities, among other off-color comments. Fisher, the founder and chairman of Fisher Investments, spoke at the

Image caption Links of London was founded in 1990 and sells luxury jewellery, watches, cufflinks and gifts Luxury jewellery retailer Links of London has gone into administration, putting 350 jobs at risk. The retailer, which has its headquarters in Mayfair, has appointed Deloitte as administrators to try to secure a rescue sale. Links has 28

Image copyright Getty Images New tax plans aimed at making global firms pay more tax have been published by an international economic body. The proposals would give governments more power to tax big technology firms such as Apple, Facebook and Google. The Organisation for Economic and Development (OECD) proposals would mean big companies paying more

Image caption John and Irene Hays of Hays Travel have agreed to rescue 555 Thomas Cook shops John Hays, founder of the travel firm that is rescuing Thomas Cook’s High Street shops, knows a thing or two about survival. Soon after setting up Hays Travel in the back of his Mum’s childrenswear shop in 1980,

Image copyright Activision Image caption Call of Duty: Mobile was released on 1 October A mobile version of video game Call of Duty has been downloaded more than 100 million times in its first week. However, a boycott aimed at the game’s publisher, Activision Blizzard, has been launched after Blizzard placed a 12-month ban on

Image copyright Alamy Image caption About 300 people work at Amazon’s centre in Gourock Amazon has said it will fight a court’s decision to uphold an eviction notice from its landlord at a distribution warehouse in Inverclyde. The site is owned by the M7 property investment firm which gave the online giant six months’ notice

Image copyright Reuters All 555 Thomas Cook shops are to be bought by rival Hays Travel in a move that could save up to 2,500 jobs. The independent travel agent is buying the shops from the Official Receiver, which was appointed when Thomas Cook collapsed last month. Sunderland-based Hays said it planned to reopen all

Image copyright Getty Images GVC, the company that owns Ladbrokes, says it expects its profits to be bigger than expected despite the government’s clampdown on gambling. The firm still expects to close 900 stores over two years because of the maximum stake on fixed-odds betting terminals (FOBTs) being cut to £2. But while the use

Image copyright Megvii Image caption The Face++ system turns people’s faces into digital maps that can be cross-referenced with those already stored in a database Goldman Sachs will review its involvement in the planned stock market listing of Chinese artificial intelligence firm Megvii. The US has blacklisted the company, alleging it is “implicated” in the