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BUSINESS

Wetherspoon to cut up to 450 staff at airport pubs

Pub chain Wetherspoon has announced plans that could see it cut up to half of its jobs at pubs in six UK airports. The company...

Investec to slash 210 UK banking jobs

Investment banking giant Investec has confirmed plans to axe 210 jobs at its London headquarters after battling the “challenging economic backdrop”. The company said it...

Daimler to pay £1.17bn to settle emissions cheating probes in US

Car maker Daimler and subsidiary Mercedes-Benz USA have agreed to pay 1.5 billion dollars (£1.17 billion) to the US government and California state regulators...

Facebook challenges DPC decision over data transfer to US

Facebook has significant concerns about its ability to deliver its services to 400 million European users after the Data Protection Commissioner's decision on the...

Bank of England to hold rates as UK economy rebounds

The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...

Tesla shares rebounding following biggest one-session plunge

Shares of Tesla jumped 5 per cent today, winning back gains for a second day after suffering their worst one-session rout ever earlier this...

Twitter says it will label or remove misleading election posts

Twitter has said that starting next week it will label or remove misleading claims that try to undermine public confidence in elections. The policy will...

VW’s former boss Martin Winterkorn must stand trial in diesel scandal

A German court has ruled that former Volkswagen CEO Martin Winterkorn must stand trial on fraud charges in connection with the company’s diesel emissions...

Pound hits six-week lows on worsening Brexit talks outlook

The battered pound has sunk to its lowest level against the US dollar since July amid mounting concerns over Boris Johnson’s controversial plans to...

Tiffany & Co to sue after LVMH ends takeover deal

Luxury goods giant LVMH is ending its takeover deal of luxury jewellery retailer Tiffany & Co, saying the French government had requested a delay...

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