Business

Image copyright Reuters British retail tycoon Sir Philip Green charged in the US with four counts of misdemeanour assault. The charges come after a pilates instructor in Arizona alleged that he repeatedly touched her inappropriately. Pima County Attorney’s Office said each count has a potential sentence of up to 30 days in the county jail, […]

Image copyright Reuters US President Donald Trump’s threat to open a trade war with Mexico has sent Wall Street sliding, with shares in carmakers among the worst hit. Markets in Europe were already spooked by news the US would hit Mexico with tariffs in an anti-immigration measure. The main US markets eased back from opening

Image copyright Getty Images India has lost its spot as the world’s fastest-growing economy after it grew more slowly than expected in the first three months of 2019. Official data showed the economy grew 5.8%, which is slower than the 6.4% growth registered by China, and down from 6.6% in the previous quarter. It was

Image copyright Guy Hands Image caption Guy Hands’ investment firm Terra Firma has reported assets of £4.7bn The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to UK investor and philanthropist Guy Hands. Guy Hands looks back on a difficult childhood that saw him badly bullied

Image copyright Getty Images Outdoor clothing retailer Mountain Warehouse is opening more Scottish stores – partly in response the country’s unpredictable weather. Company founder Mark Neale said a new store would be opening on Edinburgh’s Royal Mile in time for festival season. He also outlined plans for further expansion in the city, as well as

Image copyright PA The UK has not used coal to generate electricity for two weeks – the longest period since the 1880s. The body which manages the way electricity is generated said coal was last used at 15:12 on 17 May. Fintan Slye, director of the National Grid Electricity System Operator (ESO), said the UK’s

Media playback is unsupported on your device Media captionHow Japan is keeping people with dementia safe Each year in Japan thousands of elderly people with dementia go missing, hundreds are never found alive again. Japan has the world’s oldest population but also some of the most advanced technology and they’re using it to help keep

Image copyright Getty Images Image caption Rising US-China tensions have dashed hopes of an imminent trade deal The US is ramping up a conflict with China, putting their economies and their diplomatic relationship at risk. It has moved to restrict Huawei’s ability to trade with US firms, shortly after reigniting the trade war with tariff

Image copyright Getty Images House prices in May fell 0.2% from April in what Nationwide building society described as a subdued market. The lender said “uncertainty” was likely to weigh on the market in the coming months. Compared with a year earlier, house prices rose 0.6% – slower than the 0.9% rise the previous month.

Image copyright Getty Images Image caption American wine growers will be particularly hit by China’s tariff hike China is set to hike tariffs on a range of US goods on Saturday, marking the latest strike in the trade war between the world’s two largest economies. Beijing will raise tariffs on $60bn (£47.6bn) worth of US