Business

Image copyright EPA Argentine stock markets and its currency have both plunged after Conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday. In early trading, Argentina’s main Merval stock index fell 32%, while the peso slumped 25% against the dollar. Some of the country’s most traded stocks have lost one […]

Image copyright Hotel Chocolat Image caption The Chocmobile was typically used at pop-up events and festivals to sell chocolate, ice cream and hot drinks Hotel Chocolat’s missing Chocmobile van has been found burnt out, 10 days after it was reported stolen. The vehicle was found on the outskirts of Bedford, about 30 miles from where

Image copyright Reuters Image caption Alberto Fernández’s margin of victory was wider than anticipated Conservative Argentine President Mauricio Macri suffered a resounding defeat in primary elections on Sunday. The primary, in which presidential candidates from all parties take part, was won by his left-wing rival, Alberto Fernández. Mr Macri, whose austerity measures have turned many

Image copyright MATTHEW QUITTER Image caption Matthew Quitter converted a Morris Minor to electric to zip around central London Every time a Tesla hits a tree, it’s a gift for these enthusiasts. Around the world, a cottage industry is growing in converting classic cars into electric vehicles. Small firms are buying up old Nissan and

Image copyright Getty Images The former chief executive and finance chief of Goals Soccer Centres are under investigation over historic financial irregularities. The company said Keith Rogers and Bill Gow’s actions while at the struggling five-a-side football pitch operator are part of its probe into Goals’ problems. The East Kilbride-based firm has been hit by

Image caption Stockton-on-Tees has invested in its town centre, but still shops keep closing In a shopping arcade in Stockton-on-Tees, the loudspeakers are playing Empire State of Mind. “Bright lights will inspire you,” goes the chorus, but the canned music isn’t inspiring all the shoppers. “It’s getting like a ghost town really,” one says. “They’ve

Image copyright Getty Images The government is considering giving powers to fine video-sharing apps and websites to the UK’s media regulator. The proposal would see Ofcom able to impose multi-million pound fines if it judges the platforms have failed to prevent youngsters seeing pornography, violence and other harmful material. The regulator would take charge of

Image copyright Getty Images Image caption Japan’s decision to change South Korea’s trade status drew protests South Korea has said it will take Japan off its favoured trade partners’ list. The move is a tit-for-tat response to Japan’s decision earlier this month to do the same to South Korea. Industry Minister Sung Yun-mo said Japan

Image copyright Getty Images Burford Capital, the litigation funder whose shares lost almost half their value last week, has said trading in its shares “shows evidence consistent with illegal market manipulation”. The UK firm said traders had cancelled orders in order to deliberately depress the share price. Burford’s share price plunged after its accounting methods

Image copyright Getty Images Cathay Pacific has warned staff they could be fired if they “support or participate in illegal protests” in Hong Kong, as pressure from Beijing intensifies. The warning was emailed to staff by chief executive Rupert Hogg on Monday. On Friday, China ordered the airline to suspend workers who support pro-democracy protests