Business

Media playback is unsupported on your device Media captionFive numbers that explain US border crisis Mexico has warned US President Donald Trump that tariffs on Mexican goods could worsen illegal immigration to the US and end up hurting both countries. The warning came as Mr Trump tweeted that Mexico could “stop the flow of people […]

Image copyright Getty Images Image caption Apple chief executive Tim Cook introduced the new Mac Pro at the annual developers conference Apple has announced that iTunes is to be replaced by Apple Music, Apple Podcasts and Apple TV. There had been speculation that the tech giant was planning to shutter the music service it launched

Image copyright Waitrose Waitrose is starting a trial aimed at reducing packaging by removing plastic from flowers and plants and offering more loose fruit and vegetables. Customers will be able to use their own containers to buy and refill produce such as pasta, rice and cereals. The supermarket chain, part of John Lewis & Partners,

Image copyright Getty Images Image caption That sickening moment at the airport when you realise your bag has gone missing… The airline industry claims it’s getting better at not losing our luggage, partly though improved tracking technology. But tens of millions of bags still go astray every year. So is it doing enough? It’s the

Image copyright Woodford Investment Management Image caption Fund manager Neil Woodford One of the UK’s most high profile stock-pickers has suspended trading in his largest fund as rising numbers of investors ask for their money back. Neil Woodford said after “an increased level of redemptions”, investors would not be allowed to “redeem, purchase or transfer

Image copyright Getty Images Image caption Jay-Z and Beyonce Jay-Z is officially hip hop’s first billionaire, Forbes has declared, after building an empire based on music, property, fashion and investments. The US magazine has estimated that the rapper’s wealth now “conservatively totals” $1bn (£800m). Forbes says the husband of singer Beyonce has succeeded because he

Image copyright Getty Images Image caption Kenyans will exchange the old 1,000 shilling notes for the new tender Kenya’s President Uhuru Kenyatta has announced that the country’s currency is to be replaced with a new generation of banknotes. Kenyans must return their 1,000 shilling ($10; £8) notes to banks by 1 October, in a bid

Image copyright Getty Images Boeing has warned airlines about potential flaws on the wings of some 737 aircraft, including on the new-generation 737 Max that was grounded after two crashes. The company has identified possible faulty parts on more than 300 aircraft worldwide. The parts, called wing slats, help reduce drag on take-off and landing.

Image copyright PA The UK manufacturing sector contracted in May for the first time since July 2016 as stockpiling eased ahead of Brexit, an influential survey shows. The research, by IHS Markit/CIPS, said firms found difficulty convincing clients to commit to new contracts. The manufacturing Purchasing Managers’ Index (PMI) was 49.4, down from 53.1 in

Image copyright Getty Images Image caption Houzz founders Alon Cohen and Adi Tatarko The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Adi Tatarko, co-founder and chief executive of US home improvement website Houzz. When Adi Tatarko and her husband decided to renovate their California