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TikTok planning London headquarters, according to reports

TikTok is planning to open a headquarters in London, according to reports, as the social media app continues to try and distance itself from...

Microsoft ‘in advanced talks to buy TikTok’s US business’

Microsoft is in advanced talks to buy the US operations of TikTok – the popular Chinese-owned video app that has been a source of...

BA pilots vote to accept package of job and pay cuts

British Airways pilots have voted to accept a package including job and pay cuts aimed at avoiding a larger number of redundancies, their union...

Twitter boss accuses rival tech giants of ‘killing competition’ online

Twitter boss Jack Dorsey has accused rival tech giants of “killing competing ideas” and threatening fairness on the internet. Mr Dorsey said that “large organisations”...

US economy shrank at record-breaking 33% rate during second quarter

The US economy shrank at a dizzying 32.9 per cent annual rate in the second quarter – by far the worst quarterly plunge ever. The...

Nokia hails ‘prudent approach’ in China after better-than-expected results

Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing...

Jet2 asks holidaymakers to return to the UK early – or make their own way home

Jet2 has been contacting some customers in Spain to ask them to return to the UK earlier than planned, or risk having to make...

Stores may become private housing following closures

John Lewis is considering turning empty stores into private housing to help drive growth. This follows and announcement from UK Prime Minister Boris Johnson last...

Deutsche Bank reports second quarter profit despite loan losses

Deutsche Bank has reported a small net profit of 61 million euro (£55.1 million) in the second quarter as cost-cutting and revenue growth outweighed...

Heathrow demands end to ‘quarantine roulette’ after pre-tax loss of £1.1bn

The operator of Heathrow airport has urged the UK government to stop imposing “quarantine roulette” on travellers as it announced a pre-tax loss of...

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