Business

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London tower fire began in Hotpoint fridge freezer

A fire that killed at least 79 people at a London tower block started in a fridge freezer made by Hotpoint, a European brand...
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Russia develops a taste for alcohol-free beer

Russians are among the biggest drinkers of alcohol in the world, yet are developing a new taste for alcohol-free beer. As Sonia Legg reports,...
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Uber hires law firm on rape case

The ride sharing firm has hired a law firm to probe how it obtained medical records of an Indian woman who was raped by...
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A year after Brexit: more questions than answers?

One year on from the Brexit vote, UK stocks continue to lag peers in Europe and elsewhere as a cloudy outlook for sterling dented...
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Toshiba offers to talk about chip sale: losses grow

Toshiba Corp has said it is open to talks with Western Digital Corp in their dispute over the sale of the Japanese conglomerate's prized...
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Storage tanks full, oil set for worst H1 in 20 yrs

Oil edged up on Friday, recovering some of its steep falls earlier in the week, but crude is still set for its worst first-half...
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Brittany Ferries investing despite Brexit woes

Brittany Ferries which transports passengers and freight between the UK and Europe is building a new LNG powered ship, despite brexit uncertainty, which as...
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Peru's Congress votes to oust finance minister

Peru's opposition-controlled Congress dismissed the finance minister, a blow to President Kuczynski's efforts to jumpstart the faltering economy. Fred Katayama reports. Peoples are using these...
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Staples could be sold to Sycamore

Reuters has learned private equity firm Sycamore Partners is in advanced talks to buy the U.S.' largest office supplies retailer. Fred Katayama reports. Peoples are...
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Senate Republicans unveil a bill to repeal Obamacare

Senate Republican leaders unveiled a draft bill they aim to put to a vote as early as next week. Fred Katayama reports. Peoples are using...
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Qatar Airways wants ten percent of American Airlines

American Airlines said Qatar Airways had expressed interest in buying as much as a ten percent stake worth at least $808 million in the...
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Paris Air Show – Boeing wins hot order race

Airbus has conceded defeat to arch-rival Boeing at the Paris Airshow as a last-minute haul of almost 100 orders, including new interest from Iran,...
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Easy rider? Harley-Davidson 'lines up' Ducati bid

U.S. motorcycle maker Harley-Davidson is reportedly lining up a takeover bid for Italian rival Ducati. As Ivor Bennett reports, it would bring together...
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Apple chipmaker puts itself up for sale

Shares in Imagination Technologies, which lost 70 percent of their value following a dispute with its biggest customer Apple, have soared after the British...
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Amazon plays catch up with China e-commerce giants

As Amazon looks to swallow U.S. grocery chain Whole Foods, China's tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the...
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George Clooney sells his tequila brand

Diageo has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal valuing it at up to $1 billion, as the world's...
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Foxconn plans US plant for over $10 bln

Foxconn, the world's largest contract electronics maker, says it's looking at six U.S. states as locations for a display-making plant and will make a...
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Return lane opens in eastern Europe's migration

Millions of east Europeans have left poorer countries like Hungary, Poland, Romania or Bulgaria in recent years for better-paid jobs in western Europe, leaving...

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