Business

Image copyright James Duncan Davidson Image caption Dame Stephanie still gives regular public talks The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Dame Stephanie Shirley, computing pioneer, business woman and philanthropist. Dame Stephanie says that her parents did their best to shield her and […]

Image copyright AFP Image caption Vegetarian Laura is delighted she’s finally being catered for Jordan would normally choose KFC’s standard chicken fillet burger but the 32-year-old has come with a colleague from the Medway in Kent to try out the fast food chain’s temporary vegan addition to its menu. “It’s alright,” is his verdict on

Image copyright Grimshaw Architects Image caption The architects’ visualisation of Heathrow’s planned expansion shows the third runway, new terminals and carparks Heathrow Airport will construct a third runway by 2026 and complete its expansion by 2050, according to its “masterplan” published on Tuesday. The plan includes diverting rivers, moving roads and rerouting the M25 through

Image copyright Reuters Sotheby’s is being bought by telecoms billionaire Patrick Drahi in a deal valuing the art auction hose at $3.7bn. The company, which has been on the New York stock market for 31 years, will now return to private ownership after a troubled period. French entrepreneur and art collector Mr Drahi, the founder

Image copyright Reuters Lenders to Jet Airways have said they plan to bring insolvency proceedings against the struggling carrier. The move follows a failed attempt to find a suitable buyer for what was once India’s biggest private airline. Jet Airways has been hampered by more than $1bn (£790m) of debt. In April, the airline suspended

Image copyright Getty Images An eye-watering £35bn has been paid in compensation for mis-sold payment protection insurance (PPI), but there is not long left to make a claim. UK banks and loan providers have been paying compensation, but they only have to consider claims made by 29 August. The looming deadline is likely to lead

Image copyright Getty Images Patisserie Valerie was in such dire straits that managers had ordered puff pastry be made from margarine rather than butter as a cost-cutting measure, its new owners have revealed. Causeway Capital bought the chain after it fell into administration following the discovery of a multi million-pound hole in its accounts. The

Image copyright Getty Images Image caption Ren Zhengfei said Huawei would “regain vitality” in 2021 Huawei founder Ren Zhengfei has said the Chinese telecoms giant will slash production by $30bn (£23.9bn) over the next two years as a US-led backlash against the firm intensifies. Speaking at the firm’s headquarters, Mr Ren said sales were expected

PARIS (AP) — The chief executive of Boeing said the company made a “mistake” in handling a problematic cockpit warning system in its 737 Max jets before two crashes of the top-selling plane killed 346 people, and he promised transparency as the U.S. aircraft maker tries to get the grounded model back in flight. Boeing

Image copyright Getty Images Troubled construction and services firm Kier has said it will cut 1,200 jobs to help make cost savings of £55m a year from 2021. The company will sell its homebuilding business, Kier Living, and will shut or sell other interests, including its recycling and rubbish processing units. Kier said it would