Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services). Simply put, it is “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation
Getty Images Outbound flights from the UK are being disrupted following a technical issue. Air traffic control says the system is now “restored”, but delays are being reported at major airports including Manchester, Liverpool, Birmingham and Edinburgh. What are your rights if your journey has been disrupted and can you get your money back? What … Read more
Getty Images A sharp drop in imports triggered by President Donald Trump tariff policy helped boost US economic growth between April and June, according to the latest figures. The world’s largest economy expanded at an annual pace of 3% after shrinking in the first three months of the year, the Commerce Department said. The bigger-than-expected … Read more
Higher than expected costs to remove cladding from Taylor Wimpey’s buildings in response to the Grenfell fire tragedy have wiped out its profits, the housebuilder has said. The company made a loss in the first half of this year after putting aside an extra £222m to fix fire safety defects in homes it has built. … Read more
Adidas has warned that US tariffs will cost the German sportswear giant a further €200m (£173m) and confirmed that it will raise prices for American customers. Nearly half of the company’s products are made in Asian countries which recently agreed trade deals with the US. Announcing its latest results, Adidas chief executive Bjorn Gulden said … Read more
Starbucks says it will phase out its mobile order and pickup-only outlets because they “lack warmth”, as the world’s biggest coffee chain continues to shakeup its operations. The company has around 90 shops in the US that have no seating for customers – an approach popular with some of its rivals. The move will not … Read more
Charlotte Edwards Business reporter, BBC News Bank of England The Bank of England has received thousands of responses to its appeal for ideas for the first major redesign of banknotes in 50 years. They included a high volume of ideas from young people despite trends showing they are less likely to use cash, instead preferring … Read more
Simon Browning & Tom Espiner BBC Business reporters Getty Images Plans include building 1,500 new homes at Manchester’s derelict Mayfield railway station The UK government says first-time buyers are set to benefit as it pledges to build up to 40,000 new homes on disused railway land, including former goods yards, industrial sites and station buildings, … Read more
EPA The US and China have wrapped up another round of trade talks without any major breakthroughs, despite discussions that both sides described as “constructive”. The negotiations, held in Stockholm, Sweden came as a truce established in May is set to expire next month, threatening to revive the turmoil that hit in April when the … Read more
The International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April in part due to some US tariffs on goods being softened. A surge in US imports as firms tried to beat impending higher import taxes and actions by some governments to boost growth bumped up its latest forecast. However, … Read more
The Danish-maker of Wegovy and Ozempic has warned that its full-year sales and profits will not grow as quickly as expected as more “knock-off” weight-loss drugs emerge. Novo Nordisk’s share price tumbled by more than 20% as it cut its outlook and named a new chief executive to replace Lars Fruergaard Jørgensen, whose surprise exit … Read more