Business

Global ransomware attack causes turmoil
Posted on June 28, 2017 at 4:38 am

Banks, retailers, energy firms and Kiev airport say they have been targeted by malware attacks. […]

Venezuela crisis: Helicopter 'launches attack' on Supreme Court - BBC News
Posted on June 28, 2017 at 3:43 am

BBC NewsVenezuela crisis: Helicopter 'launches attack' on Supreme CourtBBC NewsVenezuela's Supreme Court has been attacked by grenades dropped from a helicopter in what President Nicolas Maduro called a "terrorist attack". Footage on social media shows a police helicopter circling over the city before shots and a loud bang are ...AP News in Brief at 12:04 am EDTWashington PostHelicopter attacks Venezuela court, Maduro denounces coup bidReutersVenezuela's Maduro: Helicopter attacked Supreme CourtCNNNew York Times -USA TODAY -Outlook Indiaall 77 news articles » […]

Who's afraid of Trump? Not enough Republicans — at least for now. - Washington Post
Posted on June 28, 2017 at 1:47 am

Washington PostWho's afraid of Trump? Not enough Republicans — at least for now.Washington PostScrambling to line up support for the Republican health-care bill, President Trump got on the phone Monday with Sen. Mike Lee (R-Utah) and urged him to back the measure. The president's personal plea was not enough. On Tuesday, Lee said he would vote ...On Senate Health Bill, Trump Falters in the Closer's RoleNew York TimesInside the GOP's surprise health care flopPoliticoBehind closed doors, tensions in the GOPThe HillCNN -HuffPost -NBCNews.com -Los Angeles Timesall 2,384 […]

Cyberattack Hits Ukraine Then Spreads Internationally - New York Times
Posted on June 28, 2017 at 1:24 am

New York TimesCyberattack Hits Ukraine Then Spreads InternationallyNew York TimesSeveral companies have been affected by the Petya cyberattack, including, from left, Rosneft, the Russian energy giant; Merck, a pharmaceutical company; and Maersk, a shipping company. Credit Left, Sergei Karpukhin/Reuters; center, Matt ...Massive cyberattack hits Europe with widespread ransom demandsWashington PostCyberattack Reaches Asia as New Targets Hit by RansomwareBloombergToday's global ransomware attack weaponized software updatesThe VergeBusiness Insider -NBCNews.com -Boston […]

Faecal bacteria 'in ice in Costa, Starbucks and Caffe Nero'
Posted on June 28, 2017 at 12:08 am

Concerning levels of faecal bacteria were found in ice at three major coffee chains, a BBC investigation finds. […]

More for less?
Posted on June 27, 2017 at 11:14 pm

A weak pound may be luring clothes shoppers to the UK, but how are shops coping with the change? […]

In or out?
Posted on June 27, 2017 at 11:07 pm

You've heard the shouts for line calls. But how do you get to be an official at a tennis match? […]

Mobiles 'fast replacing' bank branch visits
Posted on June 27, 2017 at 11:07 pm

Typical customers will visit a branch four times a year by 2022, compared to seven now, forecasters say. […]

Sir Philip sold BHS to dodge pension cost, says regulator
Posted on June 27, 2017 at 11:06 pm

The regulator claims Sir Philip Green sold BHS to avoid paying for the pension if the firm went bust. […]

Federal Reserve chair Janet Yellen urges soft Brexit
Posted on June 27, 2017 at 8:23 pm

Janet Yellen tells the BBC maintaining "deep ties" between the UK and the EU is important. […]

Facebook hits two billion users
Posted on June 27, 2017 at 6:34 pm

More than a quarter of the world's population now use the social network every month. […]

David Davis: Brexit 'as complicated as moon landing'
Posted on June 27, 2017 at 6:00 pm

Brexit secretary also suggests UK will not be in the EU's customs union during "transition" phase. […]

Debenhams shares slip as sales dip
Posted on June 27, 2017 at 4:19 pm

Shares in the department store chain fall as it says May was a tough month for retailers. […]

Britain's best and worst shopping districts ranked
Posted on June 27, 2017 at 3:58 pm

Cambridge was judged as Britain's best place to open a shop while Shields Road, Byker, Newcastle came bottom. […]

IMF cuts forecasts for US economic growth
Posted on June 27, 2017 at 3:41 pm

The body reins back its growth estimates due to uncertainty about White House policies. […]

Savers face 'never-ending battle'
Posted on June 27, 2017 at 2:01 pm

Nine out of 10 savings accounts pay interest of less than 1%, Moneyfacts says. […]

Body Shop bought by Brazil's Natura
Posted on June 27, 2017 at 1:48 pm

The UK cosmetics retailer has been sold by L'Oreal to Natura of Brazil. […]

Effect of union laws on industrial action and strikes
Posted on June 27, 2017 at 1:39 pm

A government overhaul of trade union law, designed to tighten the rules around balloting for industrial action, came into force in March. […]

What's the difference between a hard or soft Brexit?
Posted on June 27, 2017 at 11:55 am

The BBC's Kamal Ahmed explains the difference between a hard or soft Brexit for the UK. […]

Bank of England takes action over bad loans
Posted on June 27, 2017 at 11:03 am

UK banks are being forced to put more money aside to cover the risk of bad debts. […]

Google hit with record EU fine over Shopping service
Posted on June 27, 2017 at 9:51 am

The European Commission penalises the US tech giant for illegally favouring its own shopping service. […]

Ice cream rush helps supermarket sales soar in June
Posted on June 27, 2017 at 8:40 am

The UK's biggest retailers saw revenue rise on outdoor dining in record-breaking temperatures. […]

Western Digital resubmits Toshiba chip unit bid
Posted on June 27, 2017 at 8:25 am

The US firm bids again for Toshiba's flagship flash memory unit amid a battle over the sale of the business. […]

Cash 'lives on' after 50 years of ATMs
Posted on June 27, 2017 at 7:45 am

Bank of England chief cashier says all future plans include the use of cash despite new technology. […]

'Pharma bro' Martin Shkreli fraud trial opens in New York
Posted on June 27, 2017 at 12:55 am

The former pharmaceutical chief denies operating a Ponzi-like scheme that cheated investors. […]



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Asia stocks pressured as Wall St. hit by healthcare vote delay
Posted on June 28, 2017 at 4:03 am

TOKYO (Reuters) - Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year. […]

Toshiba faces shareholders with no chip unit deal signed
Posted on June 28, 2017 at 2:17 am

CHIBA, Japan (Reuters) - Japan's Toshiba Corp faced shareholders at its annual meeting on Wednesday with no deal in hand for the sale of its prized flash memory chip unit and a long list of humiliating setbacks to apologise for. […]

'Pharma bro' Martin Shkreli's notoriety slows New York jury selection
Posted on June 27, 2017 at 11:51 pm

NEW YORK (Reuters) - Jury selection in the New York trial of former drug company executive Martin Shkreli will enter its third day Wednesday, after some potential jurors said they could not be fair to a man who gained notoriety by raising the price of a life-saving drug more than 5,000 percent. […]

Canada allows Dow, Dupont merger after firms agree to sell assets
Posted on June 27, 2017 at 11:38 pm

OTTAWA (Reuters) - Canada's Competition Bureau said on Tuesday it would allow a planned merger between DuPont and Dow Chemical Co after both firms agreed to dispose of some assets. […]

'What's the rush' on interest rate hikes, asks Fed's Kashkari
Posted on June 27, 2017 at 11:37 pm

(Reuters) - With inflation low and wages showing little sign of an upward surge, the U.S. Federal Reserve should not be raising interest rates, Minneapolis Fed President Neel Kashkari said on Tuesday. […]

Nestle plans $20.8 billion share buyback amid Third Point pressure
Posted on June 27, 2017 at 11:13 pm

LONDON/ZURICH (Reuters) - Nestle plans to buy back as much as 20 billion Swiss francs ($20.8 billion) worth of shares over three years, it said on Tuesday, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company. […]

Madoff settlements reach $12 billion with new accords
Posted on June 27, 2017 at 10:48 pm

NEW YORK (Reuters) - The trustee recouping money for Bernard Madoff's victims on Tuesday announced nearly $371 million of new settlements with two groups of offshore funds that invested with the imprisoned Ponzi schemer, boosting the total recovery to about $12 billion. […]

U.S. antitrust lawsuit against Qualcomm to proceed, judge rules
Posted on June 27, 2017 at 8:04 pm

(Reuters) - The Federal Trade Commission's antitrust lawsuit against Qualcomm Inc can proceed, a federal judge ruled late on Monday, meaning the iPhone chip supplier must now wage a fight with U.S. regulators even as it contests a separate $1 billion lawsuit filed by Apple Inc . […]

Fed's Yellen expects no new financial crisis in 'our lifetimes'
Posted on June 27, 2017 at 7:24 pm

LONDON (Reuters) - U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash. […]

Google faces years of EU oversight on top of record antitrust fine
Posted on June 27, 2017 at 6:54 pm

BRUSSELS/FRANKFURT (Reuters) - Beyond a headline-grabbing 2.4 billion euro ($2.7 billion) fine EU antitrust regulators have leveled against Google, the internet giant is likely to be shackled for years by Tuesday's precedent-setting decision defining the company as a monopoly. […]