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BBC News - Business

BBC News - Business


Wells Fargo chief forfeits $41m amid corruption probe

Wed, 28 Sep 2016 01:03:43 GMT

Wells Fargo chief executive John Stumpf forfeits $41m (£31.5m) in share bonuses as the bank giant tries to stem a scandal over its sales practices.

RBS to pay $1.1bn to settle certain US mis-selling claims

Wed, 28 Sep 2016 00:02:22 GMT

Royal Bank of Scotland agrees to pay $1.1bn (£846m) to settle two mis-selling claims in the US.

WTO cuts trade forecast by a third

Tue, 27 Sep 2016 11:28:57 GMT

The World Trade Organization cuts its global trade forecast to 1.7% - which would make 2016 the slowest period of growth since 2009.

Yahoo: Senators pile on pressure over hack attack

Tue, 27 Sep 2016 17:52:38 GMT

US senators pile pressure on Yahoo, demanding that the internet giant provides more details about who knew what, and when, about a huge data breach.

US hits Chinese firm with sanctions over North Korea ties

Tue, 27 Sep 2016 00:55:57 GMT

The US puts sanctions on a Chinese company and four executives alleged to have helped North Korea's nuclear programme.

First US shale gas arrives at Ineos plant in Scotland

Tue, 27 Sep 2016 14:08:08 GMT

The first shipment of US shale gas is arriving in Scotland amid fierce debate about the future of fracking in the UK.

Air France workers on trial in shirt-ripping case

Tue, 27 Sep 2016 19:49:06 GMT

Fifteen Air France employees go on trial almost a year after two company executives had their shirts torn from their backs at a jobs meeting.

Deutsche Bank shares fall further to fresh low

Tue, 27 Sep 2016 12:27:58 GMT

Shares in troubled Deutsche Bank have fallen even further to a new low of €10.22.

Women a 'distinct minority' among highest-paid in the UK

Mon, 26 Sep 2016 23:05:25 GMT

There are very few women among the richest people in the UK and other OECD countries, according to a report published by the London School of Economics.

Australia shelves backpacker tax plan

Tue, 27 Sep 2016 09:08:16 GMT

The Australian government scraps a plan to impose a 32.5% tax on backpacker workers.

Banking fraud and corruption trial starts

Mon, 26 Sep 2016 17:10:46 GMT

The trial has started of six people accused of fraud and corruption involving a department of the Halifax Bank of Scotland.

Arnold Palmer: How golfer defined sports marketing

Mon, 26 Sep 2016 12:17:33 GMT

How golfer Arnold Palmer defined the relationship between sport and brands, becoming the first sportsman to use his fame to build a business empire.

German economy expecting golden autumn, says Ifo head

Mon, 26 Sep 2016 10:19:33 GMT

The German economy is expecting a "golden autumn", says the head of the Ifo Institute, as its closely-watched business survey shows confidence jumping.

Spain Bankia fraud trial for ex-IMF boss Rodrigo Rato

Mon, 26 Sep 2016 13:03:45 GMT

Former IMF chief Rodrigo Rato and 64 other bankers go on trial in Madrid over an alleged credit card racket at Spain's troubled Bankia bank.

Opec plans fresh oil price talks says energy minister

Mon, 26 Sep 2016 06:36:43 GMT

The Opec oil producers group will make another attempt this week to reverse a more than two-year slump in crude prices, says Algeria's energy minister.

BBC World News business headlines

Tue, 27 Sep 2016 17:30:28 GMT

The latest international business headlines from BBC World News.

The business of 'Muslim friendly' travel

Wed, 28 Sep 2016 00:43:16 GMT

The Malaysian firm TripFez is a bit like TripAdvisor - except it is focussing on serving global Muslim travellers.

Anger in China over peer-to-peer lending losses

Tue, 27 Sep 2016 00:39:02 GMT

Anger has been boiling over in China over the controversial practice known as peer-to-peer lending, with investors in one firm saying they have lost tens of millions.

Hyundai strike threatens car company's bottom line

Tue, 27 Sep 2016 00:38:18 GMT

On Monday, nearly 50,000 unionised workers at Hyundai held their first nationwide strike in more than a decade, action that could hit the car company's bottom line.

Concentrix: 'Suicidal calls' made to tax credits firm

Mon, 26 Sep 2016 13:07:48 GMT

A firm used by the government to cut tax credit payments has received calls from "suicidal" clients, the Victoria Derbyshire programme has been told.

China's economic down is my biggest fear, says Rogoff

Mon, 26 Sep 2016 00:04:31 GMT

Ken Rogoff, former chief economist at the International Monetary Fund, says the world's second largest economy is slowing much faster than official figures suggest.

Is the party over for free wi-fi in cafes?

Sun, 25 Sep 2016 22:48:50 GMT

Many small cafes are rethinking free wi-fi in a bid to keep afloat - is the party about to be over for free wi-fi?

CEO Secrets: Levi Roots shares his tips for success

Sat, 24 Sep 2016 23:55:14 GMT

Levi Roots, the food entrepreneur famous for his sauce, offers the business advice he wishes he had been given when he started out.

Is anyone really drilling earphone jacks into their iPhone?

Tue, 27 Sep 2016 09:34:59 GMT

A prank YouTube "instructional" video on how to drill a headphone jack into the iPhone 7 racks up 10 million views, and may have ruined a few phones.

Tattoos shouldn't be a barrier to hiring, says employer advice group

Wed, 21 Sep 2016 16:07:07 GMT

A body that advises employers is warning them they could miss out on talent if they aren't more open-minded about tattoos.

Enter the dragon

Wed, 28 Sep 2016 00:33:49 GMT

How China's desire to become a footballing superpower could provide a big business opportunity for British firms and clubs.

Absent brands

Tue, 27 Sep 2016 23:51:21 GMT

With big name brands like Ford, Volvo, Rolls Royce, Bentley, Lamborghini and Aston Martin staying away from this year's Paris Motor Show, should the organisers be getting worried?

Memory keepers

Tue, 27 Sep 2016 23:48:58 GMT

The child of two Holocaust survivors talks about being the keeper of their memories – and projects working with children of survivors of massacres in Rwanda and Bosnia talk about the impact handed down through families.

Third-party ownership

Tue, 27 Sep 2016 09:58:30 GMT

What is third-party ownership and why is it banned in football?

The drugs don't work

Mon, 26 Sep 2016 23:04:42 GMT

The lucrative counterfeit drugs trade causes hundreds of thousands of deaths every year. Technology can help fight it, but are big pharma and governments doing enough?

Football's first lady

Mon, 26 Sep 2016 08:37:13 GMT

Fifa secretary general Fatma Samoura says more must be done to make all elements of the football industry more open to women and minorities.

Satellite dreams

Mon, 26 Sep 2016 04:26:02 GMT

Monday's successful launch of eight satellites into space proves India's commercial space programme is booming, writes Yogita Limaye.

Saving Eurovision

Sun, 25 Sep 2016 22:49:58 GMT

A profile of technology boss Matthew Prince, whose company Cloudflare protects four million websites, including those of banks, the Eurovision Song Contest, and many in the adult entertainment industry.

Prize catch

Sat, 24 Sep 2016 23:20:46 GMT

The BBC's James Badcock examines how activists doggedly pursued their country's former economy minister and IMF chief, Rodrigo Rato, over corruption claims.

Get off my land!

Thu, 22 Sep 2016 23:03:44 GMT

Up to a billion people in Africa derive their main income from farming, but many get embroiled in disputes over whether they really own their land. Can tech help?

Bonanza for Bosnia

Thu, 22 Sep 2016 23:07:07 GMT

Bosnia's biggest foreign investment by a Dubai-based property developer is causing some unease amongst locals. But the country needs all the help it can get.

Saving honey bees

Wed, 21 Sep 2016 23:06:42 GMT

A look at the tech firms helping to save and protect the honey bee, as numbers of the vital pollinators continue to fall sharply around the world.

Playing with trust

Thu, 22 Sep 2016 11:38:57 GMT

A marketing hoax of a "fired employee" going berserk with a company's Twitter account goes viral - but how effective is it when advertising plays with people's trust?

Wealth divide

Wed, 21 Sep 2016 23:05:10 GMT

As Angelina Jolie and Brad Pitt prepare to untie the knot, they will become clients of a very lucrative industry providing divorces for the super-rich.

Women at the top

Tue, 20 Sep 2016 16:08:42 GMT

GSK has announced Emma Walmsley will be its next chief executive, taking the total of women running FTSE one hundred companies to seven. So who are the other six?

Future models

Mon, 19 Sep 2016 23:04:52 GMT

As London's autumn fashion week wraps up, what has it told us about the way the fashion industry is changing?

Testing for Ebola

Mon, 19 Sep 2016 23:04:33 GMT

Early diagnosis of disease is literally a matter of life and death, so the race is on to produce cheaper, faster, lighter kits to help doctors and nurses in the field.

Clean-living cattle

Sun, 18 Sep 2016 23:00:47 GMT

Some US cattle farmers are finding that smaller herds of naturally raised cows are more profitable.

Meteoric rise

Sun, 18 Sep 2016 23:00:50 GMT

A profile of virtual reality firm boss Samantha Kingston, who has enjoyed a meteoric rise after falling into the video games industry by accident.

Credit worthy?

Sun, 18 Sep 2016 06:59:26 GMT

Australia's biggest banks have been among the world's most profitable, but face allegations of rate-rigging and anti-competitive behaviour. Are their golden years over?