Business

BHP Billiton to sell US shale business access_time2017/8/22

-BBC NEWS Mining giant BHP Billiton will sell its US shale assets after pressure from shareholders to offload the underperforming business. The miner said a number of parties are interested in the assets and it is "actively pursuing options ...

Johnson & Johnson faces $417m payout in latest talc case access_time2017/8/22

-BBC NEWS Johnson & Johnson has been ordered to pay $417m (£323.4m) to a woman who says she developed ovarian cancer after using products such as baby powder. The California jury's decision marks the largest award yet in a string of...

Dulux owner Akzo Nobel strikes truce with activist investor access_time2017/8/16

-BBC NEWS An activist investor hedge fund has agreed to halt its long-running feud with Dulux paint owner AkzoNobel. US hedge fund Elliott Advisors reached a "standstill" agreement after clashing with Akzo over the way the company shoul...

What's at stake as Nafta talks begin? access_time2017/8/16

-BBC NEWS Trade talks might in the past have signalled a dry and dusty item on the news agenda, but the renegotiation of Nafta under President Trump has become a political hot potato. Mr Trump has called this free trade agreement between the US, ...

Walnut wipeout whips up chocolate storm access_time2017/8/16

-BBC NEWS First it was Toblerone that shrank, followed by packets of Maltesers. But has the maker of the Walnut Whip gone too far in removing the famous nuts from a new version of the chocolate? Nestle is launching three new varieties of the Waln...

Uber official apologises for 'misunderstanding' in Philippines access_time2017/8/16

-BBC NEWS A top Uber official has apologised to the Philippines' transport regulator and vowed to respect its authority following a temporary ban on its services in the country. The ride-hailing firm was ordered to stop services for a month i...

US consumer prices inch up in July access_time2017/8/13

-BBC NEWS Prices in the US rose by less than expected last month, as inflation in the economy remained tame. The Labor Department's Consumer Price Index (CPI) inched up 0.1% last month, only a slight improvement on a stagnant June figure. ...

Qatar Waives Entry Visa Requirements for Citizens of 80 Countries access_time2017/8/11

DOHA, Qatar - Qatar’s Ministry of Interior (MoI), Qatar Tourism Authority (QTA) and Qatar Airways today announced that Qatar will allow visa-free entry for citizens of 80 countries, effective immediately. Citizens of those countries* wishing t...

Qatar Airways Launches Bespoke Customer Service Channel With Dedicated 24/7 Social Media Support access_time2017/8/11

DOHA, Qatar – Getting in touch with Qatar Airways’ Customer Service team has been made even easier today thanks to the launch of a brand new dedicated 24/7 Twitter channel. Although the online support function already exists within the w...

Hats Off To Another Successful Season Of The Qatar Goodwood Festival access_time2017/8/11

DOHA, Qatar – More than 100,000 horse-racing devotees attended the prestigious 2017 Qatar Goodwood Festival during the course of the five-day event, helping maintain its reputation as one of the major sporting highlights of the ‘British Sum...

Tui confirms it may return to selling UK trips to Tunisia access_time2017/8/10

Tour operator Tui has confirmed it is looking at reinstating holidays from the UK to Tunisia, but will make a final decision based on demand. TUI is already flying tourists from Belgium to the whole of Tunisia and Germans to some parts. The Forei...

Lego boss replaced after eight months access_time2017/8/10

-BBC news Toymaker Lego has replaced its 61-year-old chief executive, Bali Padda, after just eight months in the job, saying he was never expected to remain in the post long-term because of his age. When Mr Padda took over last December Lego said...

Toshiba delivers long-awaited earnings access_time2017/8/10

-BBC news Toshiba has met a deadline to report its long-awaited earnings results, reducing the risk that the firm will be delisted from the Tokyo Stock Exchange. The embattled electronics firm posted a loss of $8.8bn (£6.7bn) for the last f...

21st Century Fox 'expects Sky approval in 2018' access_time2017/8/10

-BBC News Approval of 21st Century Fox's proposed takeover of Sky is likely to come in the first half of 2018, the company said on Wednesday, in a sign it is gearing up for wider review of the merger. Fox had hoped to close the deal in 2017 b...

Ex-Volkswagen executive pleads guilty in emissions case access_time2017/8/6

-BBC NEWS A former Volkswagen executive has pleaded guilty for his role in the German automaker's scheme to cheat US emissions requirements for diesel cars. Oliver Schmidt, a former head of VW's engineering and environmental office in the...

Pearson to cut 3,000 jobs worldwide access_time2017/8/6

-BBC NEWS Pearson plans to cut 3,000 jobs following a record loss last year for the seller of academic books and online teaching services. The cuts, which represent 9% of the firm's global workforce, will affect back office operations includi...

Trump hails $1.6bn US investment by Toyota and Mazda access_time2017/8/6

-BBC NEWS Japanese car giants Toyota and Mazda have teamed up to invest $1.6bn in a new car plant in the US. The new factory aims to produce 300,000 vehicles a year and expects to employ about 4,000 people. President Donald Trump tweeted the d...

US economy creates 209,000 jobs in July access_time2017/8/6

-BBC NEWS The US economy saw strong jobs growth in July, helped by a wave of hiring in the hospitality industry. The Bureau of Labor Statistics said 209,000 jobs were created in July, which was more had been expected. The unemployment rate edg...

'Wonder Woman' lifts Time Warner's profit access_time2017/8/2

(Reuters) - Time Warner Inc (TWX.N), which is in the process of being bought by AT&T Inc (T.N), reported a better-than-expected 11.6 percent jump in quarterly profit, helped by the success of its latest superhero movie "Wonder Woman". ...

Asda reveals 2016 slump in sales access_time2017/8/2

-BBC NEWS Sales falls and lower profits at supermarket Asda in 2016 have been revealed in detail in newly-filed accounts. The figures for the Walmart-owned supermarket, filed at Companies House, confirm a torrid spell for Asda as it faced stiff c...