Business

Image copyright PA Image caption ACM cladding has been widely used on high rises, including Grenfell Tower The £200m bill to replace Grenfell Tower-type cladding on about 150 private high-rise blocks in England is to be met by the government. Housing Secretary James Brokenshire had previously said the bill should be footed by the owners, […]

Image copyright PA Britain has had its first week without using electricity from burning coal since the 1880s, according to the National Grid Electricity System Operator (ESO). Fintan Slye, director of ESO, said this would become the “new normal”. The world’s first centralised public coal-fired generator opened in 1882 at Holborn Viaduct in London. The

Image copyright Getty Images Uber, the firm behind the taxi-hailing app, will list its shares on the New York Stock Exchange on Friday. The company plans to raise $10bn by selling shares, which could mean a valuation of $90bn for the company. But ahead of the sale, drivers in the UK and US are striking

Trade negotiators from China are in Washington to hammer out a deal between the world’s two largest economies. Both sides are keen to resolve the trade dispute as their economies are coming under increasing pressure. BBC Asia business correspondent Karishma Vaswani explains how we got here, and whether a trade deal will end the rivalry.

Image copyright AFP Image caption Iran insists its latest actions are within the deal US President Donald Trump has raised the pressure on Iran on the day Tehran said it was suspending some commitments to a landmark nuclear agreement. Mr Trump signed an executive order imposing sanctions on Iran’s metals industry – its second biggest

Image copyright Reuters Image caption Vice Premier Liu He (right) with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer earlier this month Beijing has said it will respond in kind if President Trump imposes higher tariffs on Chinese goods on Friday. The Chinese Commerce Ministry said that if the US tariff measures

Image caption Union organiser Lydia Hughes joined Uber drivers in their strike Hundreds of Uber drivers in London, Birmingham, Nottingham and Glasgow have staged a protest against the firm. They will be joined by drivers in the US cities of New York, San Francisco, Chicago, Los Angeles, San Diego, Philadelphia and Washington DC in striking

Image copyright Getty Images Image caption Ivana and Donald Trump in 1989 when his businesses were losing millions every year President Trump has said the losses his business made in the eighties and nineties were “for tax purposes”. He was tweeting in reply to a New York Times article that claimed that from 1985-95 he

Image copyright Getty Images KPMG has been fined £5m and “severely reprimanded” after admitting misconduct in its 2009 audit of Co-operative Bank. The Financial Reporting Council (FRC) said KPMG’s bad auditing came in the wake of Co-operative Bank’s merger with building society Britannia. It said the firm’s deficiencies included “failures to exercise sufficient professional scepticism”.

Seven former Amazon warehouse workers say the tech giant discriminated against them because they couldn’t keep up with the fast pace and labor intensive job while pregnant.  CNET reported on Monday that seven lawsuits have been filed against Amazon in the last four years alleging that the company fired the workers because they were pregnant.