Business

Image copyright Getty Images Travel firm Thomas Cook has been hit with a last-minute demand to find £200m in extra funding in order to secure its future. The troubled operator hoped to seal a rescue led by China’s Fosun this week. But one of Thomas Cook’s banks is insisting on it finding contingency funds it […]

This article is part of a series of op-eds by CEO signatories who are part of CEO Action for Diversity & Inclusion, the largest CEO-led business coalition focused on advancing diversity and inclusion in the U.S.  By Joe Almeida, chairman, president and CEO, Baxter International  These days, it’s common for leaders to advocate for board

Image copyright Getty Images The home rentals site Airbnb plans to list on stock exchanges next year, in what is expected to be one of the highest-profile share sales of 2020. One of the earlier so-called sharing economy sites, the Californian firm is facing criticism for hollowing out communities in popular destinations. City governments around

Image copyright Getty Images An undercover investigation by BBC Watchdog Live reveals poor hygiene standards at supermarket giant Asda’s home delivery service. Watchdog’s reporter was given no training on keeping delivery crates and vans clean. The reporter witnessed spillages, but was told by senior drivers that there was no need to clear it up during

Image copyright PA Media Image caption The pound would fall further under a no-deal Brexit, says the Bank The Bank of England has signalled that prolonged Brexit uncertainty will keep interest rates lower for longer. Policymakers said the UK would avoid falling into recession this year, but warned that Brexit and trade worries were weighing

Image copyright Getty Images Image caption Ryanair’s group chief executive Michael O’Leary Nearly half of Ryanair’s shareholders voted against a pay deal for Michael O’Leary that could hand the chief executive €99m (£80m). The Irish airline said that just 50.5% of investors voted in favour of the company’s remuneration report. Mr O’Leary has been awarded

Image copyright Getty Images Image caption Agriculture groups were among the first to object to the EU deal, before fires in the Amazon rainforest drew global attention MPs in Austria have dealt a blow to the EU’s landmark trade deal with South America’s economic bloc, by demanding a government veto on the deal. The draft

Image copyright Reuters JD Sports’ takeover of Footasylum is facing greater scrutiny after the competition watchdog warned it may could result in “a worse shopping experience for customers”. The Competition and Markets Authority will refer the £90m deal to a “phase 2” investigation, which means it will take a more in-depth look at the tie-up.

Image copyright Getty Images/Composite Image caption Tsunehisa Katsumata (L), Ichiro Takekuro and Sakae Muto are found not guilty More than eight years after the Fukushima nuclear disaster, a Japanese court has cleared three former executives of the firm operating the plant of professional negligence. It was the only criminal case to arise out of the

Image copyright Getty Images China is set to release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever. A state-owned firm will auction 10,000 tonnes of frozen pork from its strategic reserves on Thursday. China, the world’s biggest producer and consumer of