Business

Image copyright Getty Images China is set to impose a tariff of up to 10% on $75bn of goods imported from the US in a move that will increase tensions between the two superpowers. Agricultural goods, crude oil and small aircraft are among the products being targeted. The tariff is a retaliation after President Trump […]

Image copyright Getty Images Image caption David Koch Billionaire David Koch, a major donor to the Republican party, has died aged 79, according to family sources. The former majority owner of Koch Industries was ranked by Forbes below brother Charles as the 11th richest person in the world. The native of Wichita, Kansas, ran for

Image copyright Getty Images Eddie Stobart has suspended trading of its shares and announced that chief executive Alex Laffey will stand down with immediate effect, as the firm looks into an accounting error. The transport firm, known for its green lorries, revealed a £2m discrepancy in its accounts last month. Sebastien Desreumaux, currently head of

Image copyright Truffle Melbourne Image caption Nigel Wood, holding the basket in this photo, invites visitors to join him on his truffle hunts When his dogs sniff out a prized black truffle under the soil, Nigel Wood says it is always an exciting moment for the accompanying humans too. “The atmosphere is usually one of

Image copyright Getty Images Universal credit is causing tenants to fall behind with rent, according to the Residential Landlords Association. It said 54% of landlords had seen tenants on the benefit fall into arrears in the last year. Debt charity Turn2Us warned universal credit will lead to “more rent arrears, more evictions and more homelessness”.

Image copyright AFP Image caption Thousand of Ryanair flights were cancelled or delayed due to strikes last summer Ryanair has come bottom in an annual Which? survey rating the customer services of 100 popular UK brands. The budget airline achieved a customer satisfaction score of only 45% for 2019. It is the sixth year in

Media playback is unsupported on your device Media captionMeet the voice of Peppa Pig US toy maker Hasbro will acquire Peppa Pig owner Entertainment One for around £3.3bn ($4bn), the firms said in a statement. Hasbro said the deal would expand its entertainment and “family-oriented storytelling” portfolio. UK-listed Entertainment One owns other preschool titles including

Image copyright Square Roots Image caption Tobias Peggs says the fledgling industry is still developing the right business models A car park opposite the infamous New York City housing estate where rapper Jay-Z grew up seems an unlikely place for an agricultural revolution. Ten shipping containers dominate a corner of the Brooklyn parking area, each

Image copyright Waplington/Woodham family Image caption Rising Instagram star Ralphie Waplington with his mum, Stacey Woodhams Social media “influencers” – people who promote goods and services for money online – are getting younger and younger it seems. And services are springing up to teach parents and kids just how to do it. Ralphie Waplington is

A month after a news report shed light on its problematic tipping policy, food delivery app DoorDash has developed a new system to ensure that customers’ tips actually go to delivery drivers. Tony Xu, DoorDash’s chief executive, said delivery drivers for the app will “earn more money on average” under the new system. The drivers, who