Business

Turkey's steel imports into Europe a 'problem' for the industry, says Liberty House boss

Turkey's steel imports into Europe a 'problem' for the industry, says Liberty House boss

SUMMARY: Turkey's steel imports into Europe a 'problem' for the industry, says Liberty House bossTurkey's steel imports into Europe a 'problem' for the industry, says Liberty House bossSanjeev Gupta: 'Best time to buy and invest is when the markets are difficult'Turkey's steel imports into Europe are a "greater problem" for the industry than the slowdown in demand from car makers, the boss of Europe's third largest steelmaker has told Sky News.

sky news
Amazon boss Jeff Bezos makes carbon neutral pledge on eve of worker protests

Amazon boss Jeff Bezos makes carbon neutral pledge on eve of worker protests

SUMMARY: Jeff Bezos said Amazon will invest $100m in forests and wetlandsAmazon's founder and chief executive Jeff Bezos has pledged to make the online retailer carbon neutral by 2040.

sky news
Huawei Mate 30 Launch Keeps Its Dark Secrets Hidden Away

Huawei Mate 30 Launch Keeps Its Dark Secrets Hidden Away

SUMMARY: Priced at between €799 for a basic 128GB Mate 30 and €2095 for the 512GB Porsche variant, with the flagship 256GB Mate 30 Pro coming in at €1199, the prices were broadly familiar.

forbes
Thomas Cook seeks last-ditch fire-sale in bid to avert collapse

Thomas Cook seeks last-ditch fire-sale in bid to avert collapse

SUMMARY: Thomas Cook Group is scrambling to stitch together a last-ditch fire-sale in a bid to stave off collapse and avert the biggest-ever peacetime repatriation of British citizens.

sky news
Bank of England warns Brexit delay would hurt growth, after leaving rates on hold - business live

Bank of England warns Brexit delay would hurt growth, after leaving rates on hold - business live

SUMMARY: Search with google

the guardian
Royal Mail Group admits breaking competition law that left customers paying higher prices

Royal Mail Group admits breaking competition law that left customers paying higher prices

SUMMARY: Royal Mail has admitted being part of an 'illegal anti-competitive agreement'The Royal Mail Group has admitted a breach of competition law that led to an investigation by Ofcom.

sky news
Dirty crates and vans used to deliver food by Asda

Dirty crates and vans used to deliver food by Asda

SUMMARY: Both Asda employees and customers have contacted the consumer programme with allegations about the cleanliness of the store's delivery crates.

bbc
CircleUp Raises $200 Million To Woo Consumer Retail Startups With A VC Alternative

CircleUp Raises $200 Million To Woo Consumer Retail Startups With A VC Alternative

SUMMARY: As an alternative option from taking venture capital, CircleUp’s credit efforts aren’t alone.

forbes
Interest rate cut more likely due to Brexit uncertainty, says Bank

Interest rate cut more likely due to Brexit uncertainty, says Bank

SUMMARY: Bank of England leaves rates on hold but signals that could change in near futureBrexit uncertainty and the slowdown in global growth has weakened the economy and made an interest rate cut more likely, the Bank of England has said.

the guardian
Ryanair boss O'Leary's €99m pay sparks investor revolt

Ryanair boss O'Leary's €99m pay sparks investor revolt

SUMMARY: Under the deal he stands to make €99m from stock options if he doubles Ryanair's profit or share price.

bbc
Bank of England forecasts low interest rates for longer

Bank of England forecasts low interest rates for longer

SUMMARY: Image copyright Barcroft Media / Getty ImagesThe Bank of England has signalled that prolonged Brexit uncertainty will keep interest rates lower for longer.

bbc
Bank of England warns further Brexit uncertainty will damage economy

Bank of England warns further Brexit uncertainty will damage economy

SUMMARY: The Bank of England has consistently warned that a no-deal Brexit would represent a shock for the UK economyThe Bank of England has warned that extended uncertainty over Brexit could lead to further damage for the UK economy.

sky news
Austria blocks EU-Mercosur trade deal with South America

Austria blocks EU-Mercosur trade deal with South America

SUMMARY: What's in the EU deal?

bbc
Mike Ashley fails in court bid to block Debenhams rescue

Mike Ashley fails in court bid to block Debenhams rescue

SUMMARY: Image: Mike Ashley is estimated to have invested £150m in Debenhams through a 30% stakeThey were backed by Sports Direct chief executive Mr Ashley.

sky news
Highest-Paid Hip-Hop Acts 2019: Kanye Tops Jay-Z To Claim Crown

Highest-Paid Hip-Hop Acts 2019: Kanye Tops Jay-Z To Claim Crown

SUMMARY: Design: Nick DeSantis/ForbesBack in 2007, Kanye West released a song called “Big Brother”—an ode to Jay-Z.

forbes
Ryanair (just) sees off pay revolt over O'Leary's £90m bonus

Ryanair (just) sees off pay revolt over O'Leary's £90m bonus

SUMMARY: Ryanair has told investors it expects profits to be flat in its current financial yearRyanair has seen off an investor revolt over pay plans that could earn its chief executive Michael O'Leary £90m in bonuses.

sky news
No-deal Brexit will cut 3% off UK economic growth, warns OECD

No-deal Brexit will cut 3% off UK economic growth, warns OECD

SUMMARY: But the gloomier picture painted this week by the OECD reveals a global economy set on downward trend.

the guardian
Online shopping decline behind fall in retail sales in August

Online shopping decline behind fall in retail sales in August

SUMMARY: Online shopping decline behind fall in retail sales in AugustOnline shopping decline behind fall in retail sales in AugustOnline stores fell in August as many of the previous month's discounts came to an endThe end of pre-summer holiday promotions is being blamed for the first decline in retail sales since May.

sky news
Watchdog threatens to refer JD Sports takeover

Watchdog threatens to refer JD Sports takeover

SUMMARY: Image copyright ReutersJD Sports' takeover of Footasylum is facing greater scrutiny after the competition watchdog warned it could result in "a worse shopping experience for customers".

bbc
China to tap pork reserves as swine fever hits industry

China to tap pork reserves as swine fever hits industry

SUMMARY: How has swine fever hit China's pork industry?

bbc