Business

Image copyright Getty Images The first parts of the energy sector were privatised in late 1990, when Margaret Thatcher was no longer prime minister, although the legislation had been passed under her leadership. At that time, the 12 regional electricity companies in England and Wales were sold. Later, the Scottish industry was sold, as were […]

A union trying to organize baggage handlers and flight attendants at Delta filed a complaint against the airline with federal officials Wednesday, just days after Delta was battered online for putting anti-union posters in its break areas. The International Association of Machinists and Aerospace Workers submitted its complaint to the National Mediation Board, the federal

President Donald Trump has declared a national emergency to protect US computer networks from “foreign adversaries”. The president signed an executive order effectively barring US companies from using foreign telecoms believed to pose a security risk to the country. Mr Trump does not name any company specifically in the order. However, analysts suggest it is

Image copyright Getty Images US President Donald Trump’s Miami golf resort and Manhattan skyscraper, jewels in the crown of his property empire, are in decline, say US media. The Trump National Doral Miami has reported a steep drop in profit since 2015, according to the Washington Post. Since 2015 net operating income fell by 69%,

Image copyright Spencer Platt/Getty Images Image caption The Metropolitan Museum of Art announced it will stop accepting gifts from the Sackler family, linked to OxyContin New York City’s Metropolitan Museum of Art said on Wednesday that it will shun gifts from the US Sackler family, made rich by the production of opioids. The billionaire family

Image copyright EPA Image caption Xi Jinping is set to meet Donald Trump at the G20 gathering in Japan next month Chinese President Xi Jinping has called for openness between countries and denounced racial supremacy as “stupid” amid rising trade tensions with the US. The remarks on Wednesday were made in Mr Xi’s first public

Image copyright PA The Labour Party’s plans to nationalise the UK’s energy networks would hinder the shift to green energy, National Grid has said. The company transmits electricity and gas around the country using a network of pylons and cables. Labour said its pledge to return it to public ownership would “usher in a Green

Image copyright Getty Images American Airlines pilots confronted Boeing about potential safety issues in its 737 Max planes in a meeting last November, US media are reporting. They urged swift action after the first deadly 737 Max crash off Indonesia in October, according to audio obtained by CBS and the New York Times. Boeing reportedly

Image copyright Getty Images Image caption The young have higher life satisfaction than those in their 40s What you spend rather than what you earn helps to determine how satisfied you are with life, a new study says. Research from the Office for National Statistics found spending on hotels, restaurants and household furnishings was associated

Image copyright Shirlaine Forrest Image caption Julian Richer is drummer in the funk band Ten Millennia Julian Richer has always been seen as an unorthodox businessman – and this week, he showed why. The founder and 100%-owner of the Richer Sounds hi-fi and television stores is putting ownership of the business in a John Lewis-style