Image copyright Weir Group Image caption Weir Group is predicting rising demand for technology to mine valuable metals from rock Scottish engineering giant Weir Group has seen a rise in orders and profit, after making a big move into mining. The company said there was increasing demand for technology to extract valuable metals from rocks […]
Engineering giant Weir Group sees profits and orders rise Read More »
Image copyright Getty Images Miniature toiletries are to be removed from all hotels run by InterContinental Hotels Group (IHG) for environmental reasons – making it the first global hotel brand to undertake such a move. The UK-based owner of Holiday Inn and Crowne Plaza hotels has pledged to take the small plastic bottles out of
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Image caption Workers continued the protest through Monday night and Tuesday morning Workers at Harland and Wolff have continued a protest through the night following news that the business is up for sale. Workers calling for the government to renationalise the company closed the shipyard’s gates on Monday. The business’s Norwegian parent company is having
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Image copyright PA Media The pound has continued to fall on currency markets as the government insists that the UK is prepared to leave the EU without a deal. Sterling hit a fresh two-year low of $1.2120 against the dollar on Tuesday, before recovering some ground. The currency also slid against the euro, falling to
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Image copyright Getty Images Mobile phone group Giffgaff has been fined £1.4m by regulator Ofcom for “unacceptable” billing mistakes that saw 2.6 million customers overcharged. Ofcom said Giffgaff, owned by O2’s parent Telefonica, overcharged people up to a total of almost £2.9m. “Getting bills right is a basic duty for every phone company,” said Gaucho
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Image copyright Getty Images Chinese telecoms firm Huawei saw a sharp jump in revenue in the first half of the year but warned of “difficulties ahead”. The US blacklisted the firm in May, restricting its ability to trade with US companies. Company revenue jumped 23% in the first half of the year versus a year
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British Gas owner Centrica’s chief executive Iain Conn is to step down from his post and retire from the company’s board next year. He told the Today programme it was “a natural time for me to hand over”. Centrica reported a pre-tax loss of £446m in the six months to June. It made a £704m
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Image copyright 8×8 Image caption Vik emigrated from India to the US in 1984 The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Vik Verma, chief executive of US technology company 8×8. It is hard to see Vik Verma’s bold tactic working today, given the
‘He liked my spirit, and approved my visa on the spot’ Read More »
Image copyright Getty Images The Chinese owner of gay dating app Grindr plans to list the firm publicly after US authorities abandoned their opposition to the move. Kunlun Group suspended plans for an initial public offering (IPO) last year due to US objections. Kunlun bought a 61.5% stake in the app in 2016 from its
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Image copyright Getty Images Image caption VG Siddhartha had told his driver he was going for a walk, say police A search is under way for the founder and owner of popular Indian chain Cafe Coffee Day, who has gone missing in the southern city of Mangalore, police say. VG Siddhartha had been in his
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