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BUSINESS

Bombardier decision to axe hundreds of jobs ‘not a Brexit issue’

Bombardier's decision to axe almost 500 jobs at its site in Belfast is "not a Brexit issue", Business Minister Richard Harrington said as he...

Ikea to cut 350 UK jobs amid global transformation plans

Prosecutors have not confirmed where he is being held. Despite the arrests, analysts said the impact on Nissan’s sales would likely be minimal. “I’d be...

Japan prosecutors to hold Nissan chairman for 10 more days

Nissan chairman Carlos Ghosn will be detained for another 10 days following his arrest on suspicion of falsifying income reports by millions of dollars...

Flights will not be grounded even in no-deal Brexit, says easyJet boss

The boss of no-frills airline easyJet has said he is “confident” flights will not be grounded in a no-deal Brexit scenario after recent assurances...

Despite bellyaching, no surprise Apple pays the bulk of tax to the US

The taxation of multinational companies continues to generate headlines. For various reasons the focus is on US technology companies and, within that group, the primary...

Shortage of homes could save UK from market crash

Anyone fearing a Brexit- induced house-market crash in the UK would do well to remember one simple fact: The country isn’t even close to...

Sainbury’s starts selling edible insects

Roasted crickets are now on the menu at Sainsbury’s as it becomes the first UK supermarket to stock edible insects. The barbecued flavoured bugs...

Pound steadies after biggest sell-off since 2016

The pound has steadied after enduring its biggest one-day decline for more than two years amid Thursday’s Brexit deal chaos. Stocks on the London market...

Former trader behind UK’s biggest banking fraud deported to Ghana

A former trader behind a £1.4 billion banking fraud has been deported to Ghana despite a campaign to keep him in the UK. Kweku...

Diageo offloads raft of US brands to focus on premium drinks

Drinks giant Diageo is offloading 19 brands including Parrot Bay rum to US firm Sazerac in a deal worth 550 million US dollars (€485m). Diageo...

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