Business

Image copyright Reuters Image caption Traders are affected by stock market falls, but so are you Big shifts in the stock market are often in the news, whether they are booms in the US or falls due to the coronavirus or the financial crisis. As companies grow, they issue shares. The largest companies in the […]

London’s FTSE 100 share index has seen its worst week since the depths of the financial crisis in 2008 as markets continue to reel from the impact of the coronavirus. Shares have shed almost 13% of their value, wiping as £210bn from the value of companies on the index. Investors are worried after a surge

NEW YORK (AP) — Stocks are opening sharply lower on Wall Street, putting the market on track for its worst week since October 2008 during the global financial crisis. U.S. indexes fell 1.8% following steep losses in Europe and Asia. The rout is driven by fear that the virus that emerged in China will derail

Image copyright Downfall Image caption Bruno Ganz’s depiction of Adolf Hitler in Downfall has spawned countless parodies A BP refinery worker in Australia has successfully won back his job after being sacked for parodying the company in a well-known Hitler meme. Scott Tracey used the popular meme, from the 2004 film Downfall, to portray scenes

Image copyright PA Media An investigation into the leasehold property market has found “worrying evidence” that buyers are being treated unfairly and charged unreasonable fees. The Competition and Markets Authority (CMA) said many homeowners found themselves in “serious traps” after being misled by housing developers. It said it would take action against firms, calling for

Image copyright Reuters The acquittal of three former Barclays executives is the only time a jury has ruled on criminal allegations against senior bankers for events in the 2008 crisis. The senior executives in this trial, which began in October – Roger Jenkins, 64, Tom Kalaris, 64 and Richard Boath, 61 – were not the

Image copyright Getty Images Image caption Roger Jenkins, Thomas Kalari and Richard Boath (left to right) were acquitted on all charges in under six hours Three former top Barclays executives have been cleared of fraud charges linked to how the bank raised billions from Qatar in the financial crisis. The Serious Fraud Office (SFO) had

Image copyright AFP British Airways owner IAG has warned that its profits in 2020 will be hit by the effects of coronavirus. The airline group said flight suspensions to China and cancellations on Italian routes would affect how many passengers it would carry this year. Due to uncertainty about the impact and duration of the

By Ingrid Gercama and Nathalie Bertrams Business reporters, Nusa Lembongan, Indonesia Image copyright Nathalie Bertrams Image caption Agus Joko Supriyatno farmed sustainable coral until exports were banned “After the ban, I lost everything,” says Agus Joko Supriyatno. “It cost me my house, my wife and my health.” For years, the 52-year-old made his living as

Image copyright Getty Images Image caption A child plays in a playground of a public housing estate win Hong Kong while wearing a mask as a precautionary measure against the spread of the coronavirus Costs are growing for parents in Japan and Hong Kong with schools shut until April because of the coronavirus. Schools are