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BBC News - Business

Morrisons rejects bid from US private equity firm

Morrisons says the offer from Clayton, Dubilier & Rice "significantly undervalues the business".

Shipping disruption: 'We're doing our best - but this is crippling'

Disruption in the shipping industry is creating a shortage of goods - and consumers face higher prices.

Fake ads on Facebook spoil real life fairy story

A firm making wire fairy sculptures has been hit by scammers using adverts on the social media network.

Some furloughed workers do not want to return, Andrea Leadsom says

But the ex-business secretary says there is also a mental health issue, with some fearful of returning.

'We can't go on our much-needed cruise'

Passengers react after MSC Cruises overbooks trips ahead of postponed Covid restriction lift.

Coronavirus: Setback for EU in legal fight with AstraZeneca

But the drug-maker faces hefty fines if it fails to supply doses of Covid-19 vaccine over the summer.

Bloomsbury staff must be vaccinated before office return

The Harry Potter publisher will require all staff to be vaccinated before they return to offices.

Retail sales fall in May as shoppers dine out

The reopening of hospitality firms saw food sales drop, but people spent money on outdoor furniture.

UK food and drink exports to the EU almost halve in first quarter

The pandemic and Brexit hit exports in the first three months of the year, says the Food and Drink Federation.

Victoria’s Secret mulls return of new look show

The lingerie firm's cancelled show could be "re-imagined" as it attempts a "dramatic" shift in the brand.

Music fans still holding tickets to thousands of postponed shows

The latest four-week delay to unlocking restrictions has pushed an additional 5,000 gigs into doubt.

TikTok owner ByteDance sees its earnings double in 2020

China's biggest technology companies have been coming under increasing scrutiny both at home and abroad.

US Supreme Court blocks child slavery lawsuit against chocolate firms

In their lawsuit, a group of men say they were forced to work on cocoa firms in Ivory Coast.

Pornhub videos: Women sue, alleging lack of consent

More than 30 women say private or non-consensual videos of them were uploaded to the site.

Meat sector warns of Brexit production squeeze

UK faces shortage of home-reared chickens as EU workers stay away, says trade group.

Brewdog boss sorry for staff 'pain' as pledges review

James Watt has promised an independent review of the beer company after fierce criticism from ex-staff.

'Covid protection did not stop court action over unpaid rent'

Many firms face county court judgements for unpaid rent despite the moratorium on commercial evictions.

Covid: Employers can put self-isolating staff on furlough

The Treasury was "reluctant" to say the scheme could be used this way, emails from a civil servant suggest.

Scotch whisky tariffs suspended in UK-US trade deal

A deal between the UK and US means tariffs on goods such as Scotch whisky will be suspended for five years.

Why the cruise industry is still navigating choppy waters

The global cruise line industry is hoping to now recover from the pandemic, but problems remain.

Cryptoassets: Fears that investors are taking too many risks

A shrinking proportion of buyers see it as a gamble, but the regulator warns they could lose the lot.

Travel industry anger as Germans flock to Majorca

The bosses of two travel firms say the Balearic islands should be on the green list for safe travel.

How market research reveals what you really think

By sifting and analysing huge amounts of data, market researchers say they can find out what's on your mind.

CEO Secrets: 'I started my firm for under £500 as a bet'

Snack boss Nick Coleman started his firm for under £500 as a bet. It now turns over £6m a year.

Gigafactories: Europe tools up against US and Asia as a car battery force

As demand for electric cars grows, giant battery factories are being built across Europe.

Tech firms use remote monitoring to help honey bees

From Ireland to Israel, companies are coming to the aid of the environmentally critical insect.

Providing jobs for young people in Brazil

How Brazil's "Favela LinkedIn" and "Street Presidents" schemes are providing jobs for young people.

'I can speak freely and use swear words as I see fit'

The rise of email "newsletter" providers that allow writers to directly connect with readers.

CEO Secrets: My 'dark times' building a billion-dollar firm

Matthew Gross, founder and CEO of digital education platform Newsela, shares his business advice for CEO Secrets.

Source: BBC News - Business

BBC News - Business

Nightclub 'facing extinction' after lockdown easing delay

Luca Maggiora, the owner of London’s Cuckoo Club says the pandemic forced him into £700k of debt.

Coronavirus: Can countries pay back pandemic debt?

Countries around the world have borrowed staggering amounts to deal with the pandemic. But where does a government borrow that money from - and can it ever be paid back?

Why Covid has made it harder for young women to get jobs

More than 600 million people aged 15-24 are thought to be unemployed, with women most affected.

Young Thai workers race to reopen deserted beaches

Workers in Thailand's Covid-hit tourism industry talk about their hopes and fears for the future.

Greek islands aim to go 'Covid-free' to welcome back tourists

Milos is among those aiming to become "Covid-free" by vaccinating all residents and workers.

Shopping centres face demolition after Covid

Covid has worsened the crisis for shopping centres; what can be done with the spaces?

Butlin's resorts back open for business

Butlin's holiday resort in Skegness, Lincolnshire, welcomed back visitors and staff this week.

HS2 high-speed rail project begins underground tunnel

At 170m long, "Florence" is the largest ever tunnelling machine to be used on a UK rail project.

Rail disruption: Hitachi Rail CEO on cracks found in trains

Andrew Barr says cracks were found on a number of Hitachi 800 trains following an inspection.

Back to work: 'We're not going back to the office'

Tara Tomes of East Village PR firm in Birmingham explains why she's ditching the office.

PMQs: Baker and Johnson on Post Office Horizon scandal

The jailing of Post Office staff after software problems is “one of the biggest miscarriages of justice in our history”, Boris Johnson says.

Post Office scandal: 'It was all about clearing my name - I'm not a thief'

Former postmasters react after judges quash their convictions in the UK's most widespread miscarriage of justice.

Postmaster's widow: 'I will never forgive them'

The convictions of 39 Post Office branch managers have been overturned, but for one family it is too little, too late.

Shanghai Auto Show: Five electric car brands to look out for in China

Robin Brant talks through five companies showcasing electric vehicles at the Shanghai Auto Show.

eBay launches new trainer authentication scheme

A new authentication scheme is launching in the UK to help spot counterfeit trainers.

'I saved my firm by turning my weakness into a strength'

Entrepreneur George James thought clients would be put off by his youth but turned his weakness into a strength.

Covid: Michelin-starred Amsterdam restaurant's €20 takeaway burgers

Unable to have guests due to the pandemic, a fine dining restaurant in Amsterdam turns to takeaways.

Lockdown lifting in Liverpool: 'Light at the end of the tunnel'

Excitement, relief and cocktails flowed as bars and non-essential shops reopened in Liverpool.

Lockdown eases: How we fit bras at a social distance

Bravissimo's Leanne Cahill explains how her shops will work when they reopen after lockdown.

UK TUI boss backs holiday 'traffic light' system

Andrew Flintham also says the package holiday business is much quicker with refunds than last year.

Source: BBC News - Business

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