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  1. The new 12-sided £1 coin launches – but you may not be able to use it Published: 7:55 PM The new 12-sided £1 coin launches – but you may not be able to use it Live Britain's new £1 suffers teething problems; South African rand slides again - business live Published: 7:49 PM Britain's new £1 suffers teething problems; South African rand slides again - business live UK nuclear plans could be hit by Westinghouse financial crisis Published: 7:47 PM UK nuclear plans could be hit by Westinghouse financial crisis Tesco has settled with the SFO, but it faces more headaches ahead Nils Pratley Published: 6:48 PM Tesco has settled with the SFO, but it faces more headaches ahead Clean up your act on diversity, government tells FTSE companies Published: 6:27 PM Clean up your act on diversity, government tells FTSE companies UK breaks solar energy record on sunny March weekend Published: 6:26 PM UK breaks solar energy record on sunny March weekend Project Syndicate economists Trump is wrong to criticise Germany over trade – he should look closer to home Hans-Werner Sinn Published: 5:32 PM Trump is wrong to criticise Germany over trade – he should look closer to home BrewDog threatened lawsuit against plan for bar with 'punk' in name Published: 4:38 PM BrewDog threatened lawsuit against plan for bar with 'punk' in name Twitter chief's card payments company Square enters UK market Published: 4:22 PM Twitter chief's card payments company Square enters UK market [*] Box office analysis: UK Beauty and the Beast magic helps UK box office survive the spring sunshine Published: 2:47 PM Beauty and the Beast magic helps UK box office survive the spring sunshine The new £1 coin explained in one minute – video report Published: 2:22 PM The new £1 coin explained in one minute – video report Sports Direct workers paid less than minimum wage yet to get back pay Published: 2:10 PM Sports Direct workers paid less than minimum wage yet to get back pay Trump's treasury secretary accused of ethics violation after Lego Batman 'plug' Published: 1:58 PM Trump's treasury secretary accused of ethics violation after Lego Batman 'plug' Coca-Cola calls in police after human waste is found in cans Published: 1:32 PM Coca-Cola calls in police after human waste is found in cans Redrow walks away from Bovis takeover after offer is rejected Published: 12:27 PM Redrow walks away from Bovis takeover after offer is rejected Tesco to pay £129m fine over accounting scandal Published: 9:55 AM Tesco to pay £129m fine over accounting scandal Brexit: UK backing away from threat to leave with no deal, say EU diplomats Published: 8:16 AM Brexit: UK backing away from threat to leave with no deal, say EU diplomats Consumer champions Suddenly our Diamond Rail holiday has lost its sparkle Published: 8:00 AM Suddenly our Diamond Rail holiday has lost its sparkle The SMEs cashing in on the weak pound Published: 7:00 AM The SMEs cashing in on the weak pound Innovation A future after oil and gas? Norway's fossil-free energy start-ups
  2. Euro zone household lending grows at its best rate since late 2010: ECB Lending to euro zone households grew at its fastest pace since late 2010 last month but corporate lending unexpectedly slowed, fresh data from the European Central Bank showed on Monday. 9:16am BST Morgan Stanley ups European earnings forecasts, says financials in 'sweet spot' A stronger-than-anticipated economic recovery, the return of inflation and the region's financial sector in a "sweet spot" has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes. 9:14am BST Asia refiners snap up cheap light oil to reap higher fuel profits As the cost of light crude drops, some refiners in Asia are snapping up cargoes of the oil that is easier and cheaper to process than their usual diet of heavy crude, chasing profits from making diesel and gasoline. 9:05am BST UK materials testing firm Exova says gets proposals for cash offers UK-based materials testing company Exova Group said on Monday it had received proposals for a possible cash offer, including one from Dutch firm Element Materials Technology. 9:04am BST Hyundai suspends China plant for a week amid diplomatic stand-off South Korea's Hyundai Motor on Monday said it had suspended production at one of its Chinese factories for a week, fuelling concern that a diplomatic standoff may be hurting sales in the automaker's top market. 8:25am BST Chinese drug approval boosts AstraZeneca's lung cancer hopes AstraZeneca has won approval for its lung cancer pill Tagrisso in China, a key market for the potential blockbuster medicine. 8:25am BST Deutsche Bank reduces cheque clearing in euros in Middle East Deutsche Bank is to stop clearing cheques denominated in euros for some banks in the Middle East, according to sources familiar with the matter, joining other big banks that cut services in the region. 8:23am BST Miner South32 to buy back $500 million of its shares South32 Ltd said on Monday it would return $500 million to shareholders, rewarding investors who had been waiting for the company to use its strong balance sheet and cashflows on bigger payouts or acquisitions. 5:25am BST Citigroup aims to double South Korea wealth assets by 2020 Citigroup Inc plans to double its wealth management assets in South Korea to around $6 billion by 2020, setting up new offices and investing in digital technology to attract new customers. China Southern in talks over American Airlines tie-up China Southern Airlines is in talks over a tie-up with American Airlines that could involve the U.S. carrier taking a stake in the state-owned airline, boosting routes between the world's two largest travel markets. 5:08am BST Honda faces long haul to recoup jet costs After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age to see Honda Motor Co's pet aviation project recoup its development costs. 5:05am BST Japanese manufacturers brace for possible U.S. import tax - Reuters poll Japanese manufacturers are wary of a possible U.S. border tax, with just over half expecting profits to take a hit if the United States slaps a 20 percent levy on imports, a Reuters poll showed on Monday. 3:26am BST BOC Aviation's 2016 profit rises 22 percent to record, upbeat on outlook Hong Kong-listed aircraft lessor BOC Aviation Ltd reported a 22 percent jump to record full-year net profit on Monday, supported by growth in global air travel, and signalled an upbeat industry outlook. 3:19am BST Gulf Arab states push for UK free trade deal after Brexit - officials Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, Gulf officials say. 26 Mar 2017 Brazil's Andrade Gutierrez tries to sell Cemig, other stakes - report Brazilian conglomerate Andrade Gutierrez is looking to sell stakes in power utility Cemig, hydroelectric dam Santo Antonio and call centre group Contax as it tries to cut debt and expand abroad after a corruption scandal, its chief executive officer said in a newspaper interview published on Sunday. 26 Mar 2017 OPEC, non-OPEC to look at extending oil-output cut by six months A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. 26 Mar 2017 Cost of wide access to EU single market not yet clear - Rudd Interior minister Amber Rudd said on Sunday the British government did not yet know what kind of cost there may be for trying to get the "widest possible access" to the European Union's single market. 26 Mar 2017 German firms doubt good business conditions will last - Ifo chief Many German companies doubt the good conditions in Europe's largest economy will last as they fear disruption from new technologies, the head of the Munich-based Ifo economic institute told the Suedkurier newspaper. 26 Mar 2017 BP makes third gas discovery in Egypt's North Damietta Concession BP has made a gas discovery in the North Damietta Offshore Concession in Egypt's East Nile Delta, its third in the block, it said on Sunday.
  3. Exclusive - Shell and Anadarko mull clean break from Permian venture: executive Royal Dutch Shell Plc and Anadarko Petroleum Corp may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. 11:39am BST UK will double export finance available to support trade with Qatar - minister Britain will double the amount of export finance available to support trade with Qatar to 4.5 billion pounds, trade minister Liam Fox said on Monday. 11:29am BST Decision on Monte Paschi rescue soon; Vicenza and Veneto next: ECB European authorities will soon decide on a public rescue plan for Italian lender Monte dei Paschi di Siena and are already working on similar requests from two smaller banks, the European Central Bank's top supervisor said on Monday. 11:07am BST Babcock agrees termination of UK nuclear decommissioning deal Babcock International reached a deal with Britain's Nuclear Decommissioning Authority (NDA) on Monday to end a contract to clean up 12 Magnox nuclear sites, pulling 800 million pounds ($1.01 billion) from Babcock's order book. 10:48am BST HSBC less dovish on Fed, now sees two more U.S. rate hikes this year Economists at HSBC changed their outlook for U.S. interest rates on Monday, and now expect the Federal Reserve to deliver another two rate hikes this year instead of the one previously anticipated. 10:11am BST EU's Vestager to announce merger decision at noon EU antitrust chief Margrethe Vestager will announce a decision on a merger case at around noon, the European Commission said on Monday, without giving further details. 9:53am BST China's Hebei province launches new probe into steel overproduction China's Hebei province, a major steel-producing area, has launched a fresh probe into steel overproduction in the city of Tangshan amid concerns that firms have continued to raise output despite mandatory capacity cuts. 9:40am BST China Jan-Feb industrial profits surge most in nearly six years as commodities rally Profits of Chinese industrial firms surged almost 32 percent in the first two months of 2017 -- the fastest pace in nearly 6 years -- as prices of commodities from coal to iron ore raced higher. 9:39am BST German business shrugs off political uncertainties - Ifo economist German companies are not impacted by the current climate of political uncertainty, Ifo economist Klaus Wohlrabe told Reuters on Monday.
  4. On The Edge Of An "Uncontrollable Liquidity Event": The Definitive Guide To China's Financial System Is China on the verge of a "tipping point" or as Deutsche Bank puts it, on the edge of an "uncontrollable liquidity event"? For the answer and much more, here is everything you always wanted to know about the current precarious state of China's financial system.
  5. Lufthansa expands Asia network with Cathay Pacific tie-up Lufthansa and Cathay Pacific will sell tickets on some of each other's routes, boosting the German group's Asia-Pacific network and deepening a partnership in which the airlines already cooperate on freight flights. 2:55pm BST Qatar to invest 5 billion pounds in UK in next 3-5 years - finance minister Qatar will invest 5 billion pounds in Britain over the next few years, the country's minister of finance said during a visit to London on Monday. 2:52pm BST UK will remain an attractive place for investment after Brexit - Qatar energy minister Qatar's energy minister said Britain would remain an attractive place for investment after Brexit and that the UK had the right recipe to contribute to Qatar's economic diversification. 2:52pm BST London's reputation slips on Brexit but European rivals lag - survey London has seen its standing as a financial centre slip as Britain prepares to trigger its departure from the European Union, according to a survey released on Monday, although rival European cities still lag far behind. 2:20pm BST On the up: German business morale brightest in nearly six years German business morale hit its highest level in nearly six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues. 1:45pm BST Siemens pledges commitment to post-Brexit UK German engineering group Siemens said it was committed for the long term to Britain, which will begin the formal process of leaving the European Union on Wednesday. 1:34pm BST BT fined record 42 million pound for business-line installation errors Britain's BT has been fined a record 42 million pounds by the regulator for failing to install high-speed lines for businesses fast enough, in an error that is likely to cost the company around 300 million pounds in compensation. 1:19pm BST VW's Audi halts A4, A5 production at Ingolstadt over parts shortage German luxury carmaker Audi will halt production of the A4 and A5 luxury models at its Ingolstadt base this week until Thursday due to a parts shortage after a fire at a supplier, it said on Monday. 1:09pm BST Engineering firm Cobham says under investigation by FCA British engineer Cobham is being investigated by the country's Financial Conduct Authority in connection with its handling of inside information ahead of a trading update and rights issue announcement in April last year, the company said. 12:29pm BST Banks leaving UK may get years to comply with ECB rules - Lautenschlaeger Banks moving from Britain to the EU because of Brexit could be given years to fully comply with European Central Bank rules, a top ECB supervisor said on Monday.
  6. Factbox - Impact on banks from Britain's vote to leave the EU Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial centre. 4:54pm BST RBS answering regulator questions about Russia money laundering claims Royal Bank of Scotland said on Monday the Financial Conduct Authority (FCA) and other regulators have requested information about allegations the lender was involved in a global money laundering scheme. 4:19pm BST Zurich Insurance says no plans to hike capital now, seeks flexibility Zurich Insurance said on Monday it was seeking shareholder authorisation to raise its capital so the board had the flexibility to fund acquisitions or cope with any "extreme stress events", but had no plans to issue new shares now. 4:06pm BST Samsung Electronics says to sell refurbished Galaxy Note 7s Tech giant Samsung Electronics Co Ltd said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries. 4:00pm BST ECB's Nouy sees Monte Paschi rescue soon, working on more European authorities will soon decide on a public rescue plan for Italian bank Monte dei Paschi di Siena and are working on similar requests from two smaller lenders, the European Central Bank's top supervisor said on Monday. 3:46pm BST Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday - source Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's financial year ends. 3:41pm BST New budget test puts UK on front line in global drug price fight Can society afford modern medicines? It's a question facing governments worldwide and nowhere more so than in Britain, where a new budget test due to take effect on April 1 threatens to throw up another hurdle to patients getting the drugs. 3:34pm BST UBS merges leadership in wealth management product factory UBS is merging the leadership of its two divisions responsible for wealth management products, the world's biggest private bank said on Monday, as it tries to improve cooperation between its wealth management units. 3:27pm BST ABB replaces South Korean management after $100 million fraud Power transmission and industrial automation company ABB has replaced its senior management in South Korea after an executive disappeared from the business with $100 million (79.43 million pounds). 3:03pm BST ECB should stick to its clearly laid out policy path - Smets The European Central Bank should stick to its policy guidance even as the economy gains strength, Governing Council member Jan Smets said, dismissing comments by a "minority" that the bank's guidance on rates and asset buys is up for discussion.
  7. France digs in as Peugeot shareholder with stake shift France's state holdings agency sold its stake in carmaker PSA Group to the Bpifrance sovereign wealth fund, the government said on Monday, in a move signalling the government's intention to remain a shareholder for years to come. 6:35pm BST Facebook's Messenger app adds live location-sharing Facebook Inc added a feature to its Messenger app on Monday to allow users to share their locations continuously for up to an hour, ramping up competition with tools offered by Apple Inc and Alphabet Inc's Google Maps. 6:01pm BST Snap surges after IPO banks give flurry of 'buy' ratings Shares of Snap Inc jumped over 5 percent on Monday after several of the Snapchat owner's IPO underwriters handed it badly-needed "buy" ratings. 6:00pm BST U.S. air travel at record high on U.S., foreign carriers in 2016 U.S. and foreign airlines in the United States carried a record number of passengers in 2016, according to the government office that tracks airline traffic, besting the previous all-time high by 3.5 percent. 5:59pm BST EU's competition watchdog says a few merger candidates may have misled A "small handful" of companies may have given misleading information when they sought approval for their mergers, Europe's competition commissioner said on Monday, putting the companies at risk of sanctions and fines should regulators find proof of wrongdoing. 5:48pm BST Lloyd's of London to choose Brussels or Luxembourg as EU hub - sources Lloyd's of London, the world's largest speciality insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favourite, sources say. 5:35pm BST Factbox - Impact on insurers from Britain's vote to leave the EU Lloyd's of London, the world's largest speciality insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favourite, sources say. 5:34pm BST FTSE hits one-month low as miners, Babcock slide Britain's top share index hit a one-month low after the failure of U.S. President Donald Trump to push his healthcare reforms through Congress hit mining shares and Babcock fell after exiting a contract. 5:11pm BST UK manufacturers urge May to drop threat of no Brexit deal Britain's manufacturers told Prime Minister Theresa May on Monday to drop her threat that she might take the country out of the European Union without a new trade deal, saying they would bear the brunt of trade barriers with the EU. 5:01pm BST
  8. Global stocks, dollar cut losses on hope Trump can move past healthcare Stocks, the dollar and U.S. long-dated Treasury yields slipped on Monday but recovered lost ground as investors hoped U.S. President Donald Trump will still be able to bolster the economy despite a defeat over healthcare reform. 7:21pm BST Bank of England to check banks ready for range of Brexit outcomes Britain-based banks should take steps to ensure they do not have to curb lending suddenly if the country leaves the European Union in a disorderly way, the Bank of England said on Monday as Prime Minister Theresa May prepares to start Brexit talks. 4:54pm BST Big Tesco shareholders oppose $4.7 billion Booker deal Two of Tesco's biggest shareholders have called on the supermarket group to withdraw its 3.7 billion pound ($4.7 billion) agreed offer for wholesaler Booker , potentially casting doubt on the deal's progress. 7:58pm BST Asset sales plan secures EU backing for $130 billion Dow, DuPont merger Dow Chemical and DuPont won the blessing of the European Union for their $130 billion (103.45 billion pounds) merger on Monday by agreeing to sell substantial assets including key research and development activities. 7:04pm BST German government worried a 'hard Brexit' would cause market turbulence - report The German Finance Ministry is worried there will be turbulence on the financial markets if there is a 'hard Brexit', a German newspaper reported on Monday - two days before Britain triggers divorce proceedings with the European Union. 6:40pm BST Lloyd's of London to choose Brussels or Luxembourg as EU hub - sources Lloyd's of London, the world's largest speciality insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favourite, sources say. 5:35pm BST Oil lower again on doubts over duration of output cut Oil resumed its slide on Monday as investors remained uncertain whether producing nations would extend an OPEC-led output cut beyond the end of June in an effort to reduce a global glut of crude. 7:32pm BST On the up: German business morale brightest in nearly six years German business morale hit its highest level in nearly six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues. 1:45pm BST Brexit question draws U.S., Russian, Chinese interest at WTO China, Russia and the United States said on Monday they were taking an interest in Brexit, a World Trade Organization source said, after a question about a tricky but vital reform required by Britain arose at the Geneva-based trade body. 6:56pm BST German rate setters call for preparing end of ECB's easy policy Germany's two representatives on the European Central Bank's main policy-making body called on Monday for it to prepare to wind down its aggressive stimulus policy as soon as economic conditions allow it.
  9. Tesco shareholder opposes Booker deal One of Tesco's biggest investors calls for the supermarket to pull its takeover of the food wholesaler. 27 March 2017 From the section Business Related content Tesco to buy food wholesaler Booker What does Booker Group do? Tesco to pay back thousands of staff Qatar announces £5bn UK investment In the week of triggering Article 50, the government may find Qatar's vote of confidence particularly welcome. Kamal Ahmed Economics editor 27 March 2017 From the section Business comments Related content Food chiefs warn on Brexit tariffs Dyson optimistic about post-Brexit trade Live Sterling hits $1.26 as FTSE falters The pound rises as the dollar suffers, while the London and US markets struggle. From the section Business Related content FTSE falls as pound jumps against dollar Samsung mulls 'exploding' Note 7 relaunch 27 March 2017 From the section Technology Flawed nuclear tender sees £100m payout 27 March 2017 From the section Business Homebuyers flock to bank of mum and dad 27 March 2017 From the section Business comments BT fined record £42m for late installations 27 March 2017 From the section Business Banks given new stress test scenarios 27 March 2017 From the section Business comments Food chiefs warn on Brexit tariffs 27 March 2017 From the section Business Dow and Dupont merger gets EU go-ahead 27 March 2017 From the section Business Dyson optimistic about post-Brexit trade 27 March 2017 From the section Business FTSE falls as pound jumps against dollar 27 March 2017 From the section Business Also in the News McDonald's worker, 94 - I'll never leave 27 March 2017 From the section US & Canada Swedish hotels offer 'divorce refunds' 24 March 2017 Features & Analysis Rehab to riches I quit heroin and became a fruit juice millionaire 27 March 2017 From the section Business Just Google it How one company came to dominate search 27 March 2017 From the section Business 'Backward on pay' Maternity pay 'inadequate' say mums 26 March 2017 From the section Business Cheaper flights Can long-haul air travel also be low cost?
  10. Brands Try to Blacklist Breitbart, but Ads Slip Through Anyway By SAPNA MAHESHWARI Companies have difficulty controlling where their ads appear because of the largely automated nature of online advertising. Lexey Swall for The New York Times Mediator The Weekly Standard’s Arsenal to Fight Falsehoods: ‘Facts, Logic and Reason’ By JIM RUTENBERG After a decades-long project to undercut the mainstream news media, some right-leaning organizations are pushing back, our media columnist writes. 28 Comments Stocks Take a Hit After Health Care Overhaul Falters By PRASHANT S. RAO 1:05 PM ET The major market indicators fell to their lowest levels since early February on Monday. Bill Gross and Pimco Settle Suit Over His Ouster By MARY CHILDS 1:47 PM ET A lawyer representing Mr. Gross, co-founder of Pimco, one of the biggest asset managers in the world, filed a request to dismiss his lawsuit. New Chairman at Paramount Pictures Faces an Arduous Task By BROOKS BARNES 2:12 PM ET Viacom is hoping James Gianopulos, who previously ran 20th Century Fox, can bring stability to a studio that lost $445 million in its last fiscal year. Icahn Raises Ethics Flags With Dual Roles as Investor and Trump Adviser By ERIC LIPTON 35 minutes ago The billionaire is advising on regulations, including pressing for a change in an E.P.A. rule that has cost an oil refinery he’s invested in millions of dollars. After London Attack, U.K. Wants Access to Encrypted WhatsApp Messages By MARK SCOTT British lawmakers will meet with American tech representatives as part of a wider push to get Silicon Valley to do more to tackle potential threats. American Airlines Seeks China Southern Tie-Up as Traffic Booms By NEIL GOUGH If an agreement is struck, the Texas-based carrier could gain better access to the growing ranks of Chinese tourists looking to cross the Pacific. After Barring Girls for Leggings, United Airlines Defends Decision By LIAM STACK Passengers were turned away by a gate agent at Denver International Airport on Sunday morning for their attire, setting off a social media tempest. Retail Instincts Propel Investor to Venture Capitalism’s Top Tier By KATIE BENNER and MICHAEL J. de la MERCED 1:57 PM ET Kirsten Green is unusual for a number of reasons: She never worked at a venture capital firm before starting her own, and she’s a woman in a male-dominated field. The Top 20 Venture Capitalists Worldwide These 20 venture capitalists – the investors who unearth the tiny start-ups that turn into tomorrow’s behemoths – are on the winningest streaks. Push for Internet Privacy Rules Moves to Statehouses By CONOR DOUGHERTY As Congress acts to roll back regulations limiting access to consumer data, several states are considering laws that could have a wide impact. 25 Comments Senate Committee to Question Jared Kushner Over Meetings With Russians By JO BECKER, MATTHEW ROSENBERG and MAGGIE HABERMAN The president’s son-in-law faces questions about meetings he arranged with the Russian ambassador, including a sit-down with the head of Russia’s state-owned development bank. Trump Puts a Presidential-Size Spotlight on His Brand By ERIC LIPTON and NOAH WEILAND The president spent part of this weekend at one of his golf clubs and in a restaurant at one of his hotels, part of a pattern of visits to properties that bear his name. On Money Platform Companies Are Becoming More Powerful — but What Exactly Do They Want? By JOHN HERRMAN With enough success, these businesses go from enabling transactions to controlling entire economies. But these raised stakes also create tensions that are becoming harder to ignore.
  11. Government to pay almost $100m to US companies for botched tender Greg Clark said that the Government had settled outstanding litigation claims filed by Energy Solutions and Bechtel in relation to the Magnox contract South Western rail commuters promised more seats, faster London trains YouTube could lose up to $750m from advertisers' boycott Bank of England stress tests held up as toughest ever. They need to be Qatar announces £5bn UK investment despite Brexit BT gets record fine, Tesco's is coming, but does it matter? The financial impact will be limited when set against these companies’ revenues and earnings Santander offers staff contracts guaranteeing just one hour a month Sir James Dyson is 'enormously optimistic' about trading after Brexit Brexit: Sir James Dyson's optimistic but British industry is worried As Theresa May prepares to start the Brexit process, the Government has been warned about the dangers of failing to do a deal. But is anyone listening in the La La Land that rules in Westminster and Whitehall? Brexit trade deals 'may not have economic benefits' The man training our politicians to negotiate Brexit, says that we risk missing the point Anger at key rail franchise award to Anglo-Chinese consortium New operator takes over during massive summer rebuilding project at London Waterloo Trump healthcare defeat helps pound to seven-week high against dollar The defeat has caused some in the market to question the President's ability to implement other policies around regulation and tax Bank stress test models weak profits and more fines for lenders British banks have been hit with misconduct and compensation costs totalling more than £50bn in recent years Maltesers, M&Ms and Minstrels packs shrinking by up to 15% Jones Bootmaker sold to Endless, rescuing 840 jobs Time running out to spend old coins, government warns Shops have been told to stop accepting the traditional round coins on 15 October Government awards First MTR franchise to run South Western First MTR, which will start its operations on 20 August, takes over from Stagecoach, which has controlled the franchise for over two decades BT slapped with £42m Ofcom fine for regulatory breaches at Openreach The fine is the largest ever to be imposed on a telecoms provider Ahead of Brexit, big companies are making few strategic changes An overwhelming 89 per cent of respondents to the study said that Brexit had not changed their spending habits No Brexit deal would mean a 'painful and costly' EU departure Businesses demand action on unreliable broadband Everything you need to know about the new £1 coin The new coins will be introduced on Tuesday 28 March
  12. Jones Bootmaker sale saves 840 jobs The bulk of the footwear chain is sold to investment firm Endless, saving 72 stores. 26 March 2017 From the section Business Related content How Next highlights shops' woes Brantano collapse puts jobs at risk High Streets fight back in Wales Uber pulls self-driving cars after crash Images show Uber vehicle on its side after apparent high-impact crash with ordinary driver. 26 March 2017 From the section Technology Related content Uber pledges to make drivers happier Uber hides from regulators with Greyball Past pension 'mistakes must be avoided' The author of a major pensions review tells the BBC that the government must avoid past pension mistakes. 24 March 2017 From the section Business Related content State pension age 'could be raised to 70' Oil nations look at extending supply cut 26 March 2017 From the section Business WhatsApp can't be terrorists' 'hiding place' 26 March 2017 From the section UK Tackle vicious cycle of debt, say Lords 25 March 2017 From the section Education & Family Supermarkets to cut fuel prices 24 March 2017 From the section Business Instant refund plan for broadband woes 24 March 2017 From the section Business comments Tesco unlocks trolleys ahead of new £1 24 March 2017 From the section Business Pay boost for Pearson boss despite woes 24 March 2017 From the section Business Hermes parcels sorted in car park 'depot' 24 March 2017 From the section Northampton Cycle courier wins holiday pay battle 24 March 2017 From the section Business Features & Analysis 'Backward on pay' Maternity pay "inadequate" say mums 26 March 2017 From the section Business Cheaper flights Can long-haul air travel also be low cost? 26 March 2017 From the section Business New broom What might actually change under F1's new owners 24 March 2017 From the section Business Nissan deal What did the minister promise the car maker? Chris Cook Policy editor, Newsnight 24 March 2017 From the section UK Ads in your eye Tomorrow's mega-adverts could take to the skies 24 March 2017 From the section Business What Next for shops? Next spells out what's troubling the High Street
  13. UK energy firms including big six miss smart meter deadline Published: 6:48 PM UK energy firms including big six miss smart meter deadline Brewdog accused of hypocrisy after forcing pub to change name Published: 5:42 PM Brewdog accused of hypocrisy after forcing pub to change name Snapchat 'will be bigger than Twitter, Yahoo and AOL with advertisers' Published: 5:10 PM Snapchat 'will be bigger than Twitter, Yahoo and AOL with advertisers' Economics viewpoint Populism is the result of global economic failure Larry Elliott Published: 4:43 PM Populism is the result of global economic failure Uber suspends fleet of self-driving cars following Arizona crash Published: 12:29 PM Uber suspends fleet of self-driving cars following Arizona crash 'People aren't spending': stores close doors in 'oversaturated' US retail market Published: 12:15 PM 'People aren't spending': stores close doors in 'oversaturated' US retail market Ultimate Fighting Championship: the fight of our lives? Published: 9:00 AM Ultimate Fighting Championship: the fight of our lives? Business leader Wall Street’s love affair with Trump cools as healthcare bill sows welcome doubts Published: 8:02 AM Wall Street’s love affair with Trump cools as healthcare bill sows welcome doubts Observer business agenda Thought Mike Ashley was hard to work for? Meet Jennifer Hardy Simon Goodley Published: 8:00 AM Thought Mike Ashley was hard to work for? Meet Jennifer Hardy [*] Austerity bites? Less chocolate for your money as packets shrink Published: 12:05 AM Austerity bites? Less chocolate for your money as packets shrink Peter Preston on press and broadcasting Can Clementi’s appliance of science get Leavers off BBC’s back? Published: 12:03 AM Can Clementi’s appliance of science get Leavers off BBC’s back? Please bring back my old British Airways Victoria Coren Mitchell
  14. Amazon avoids $1.5bn US tax bill in court ruling Judge rules it legal for internet giant to funnel European sales through Luxembourg Almost one in five small businesses in UK are struggling to survive Pret abandons plan to offer teenagers sandwiches Rail chaos expected as some ticket machines will not accept new pound Cadbury warns chocolate bars could get smaller after Brexit Twitter: Paid for premium service won't cure what ails the business If Twitter can't find a way to draw in more users, no one will be interested in paying for analytics Asda, Sainsbury's and Tesco are escalating their petrol price war Leaving the euro would not help France and Italy, says ECB economist The pound is going to take a huge hit, according to Deutsche Bank Most economists’ forecasts are still more optimistic than that of the German lender, but few expect the currency to recover from its post-referendum lows any time soon British maternity pay is one of the worst in Europe, reveals TUC Pay is deemed decent by the TUC if it is at least equivalent to two-thirds of a woman’s pre-maternity leave earnings, or at a rate of greater than £840 per month Will Ofcom compo plan force your broadband provider to shape up? Getting a credit of £6 off your bill for every day your service is delayed doesn't sound like a lot when you consider the inconvenience of missing out on broadband Mortgage approvals slip in February There were 42,613 loans made by high street banks in the month, down from a post-Brexit referendum peak of 44,142 in January Google just launched a programme to teach black students to code The tech giant will select from 25 to 30 students for the residency Credit Suisse bankers share £2.5bn bonus despite annual loss Twitter considering adding subscription charge Ofcom pushes for automatic compensation if customers' broadband fails Under the new rules customers could get money back without having to go through potentially arduous claims processes Deutsche Bank commits to London after Brexit with new UK headquarters Corporate demand for office space in the capital has fallen dramatically since the EU referendum - firms leased 19 per cent less space in central London in 2016 than a year earlier Robots and AI are threatening close to a third of UK jobs The likelihood of automation is highest in sectors including transport, manufacturing, and wholesale and retail Businessman putting job applicants through snowflake test is snowflake Marketing man Kyle Reyes says he wants people who can justify their opinions. Just as long as they're the same as his opinions Richard Branson writes emotional farewell letter to Virgin America Brexit threat to anti-corruption fight warns OECD RBS and NatWest banks to close more than 150 branches costing 470 jobs The bank said that 30 RBS and 128 NatWest branches would be shut CEO uses 'snowflake' test when hiring to avoid 'whiny millennials' Someone who’s not proud to be an American is immediately out of the running, as are those who don’t support the Second Amendment right to bear arms Pound sterling jumps to one month high State pension age could rise to 70 British Gas boss condemned for £1m pay rise News comes days after Prime Minister warned government would step in to control prices in a market that is 'manifestly not working' for customers Why financial markets shrugged off the Westminster terror attack Airline and hospitality stocks fell sharply last year after attacks at Brussels airport. After November 2015’s Paris attacks, tourism stocks came under pressure too 'This is what to do if your employee is resigning' Next says the outlook is grim but the City is right not to buy it Verizon, AT&T and Johnson & Johnson suspend advertising on Google British pharmaceutical company GlaxoSmithKline (GSK) on Thursday also joined the boycott Eurogroup head accused of racist and sexist comments pressured to quit Jeroen Dijsselbloem said Southern European countries were like a man who had spent all his money on 'women and drink' and so can't ask Northern European countries to help them out Retail sales beat expectations in February Data points to peak in immigration of European Union workers Hungary threatens to ban Heineken over 'communist' red star logo Retailer Next posts first fall in annual profits in eight years UK homes could see energy bills increase by up to £445 per year Threat to UK credit rating from cliff-edge Brexit says Moody's "There is a risk of a sudden collapse of the negotiations without any substitute arrangements in place," the agency said in a new report ahead of the Government's triggering of Article 50 UK millionaires think Brexit will make them even richer Despite rising inflation and a weakened pound most of the country’s wealthy think they personally will be better-off after Brexit Retailer Brantano enters administration, more than 1,000 jobs at risk Brantano currently operates 73 stores and 64 concessions across the UK and employs 1,086 staff
  15. Platform Companies Are Becoming More Powerful — but What Exactly Do They Want? By JOHN HERRMAN With enough success, these businesses go from enabling transactions to controlling entire economies. But these raised stakes also create tensions that are becoming harder to ignore. 25 Comments Illustration by Andrew Rae One Nation, Under Fox: 18 Hours With a Network That Shapes America By JOHN KOBLIN and NICK CORASANITI Fox News is a singular force, crafting a searing narrative about what’s happening in the world for millions of viewers, including President Trump. Amazon’s Ambitions Unboxed: Stores for Furniture, Appliances and More By NICK WINGFIELD The online retailing giant is trying to bring its own formula to traditional retailing. If it is successful, it could change how all stores operate. North Korea’s Rising Ambition Seen in Bid to Breach Global Banks By PAUL MOZUR and CHOE SANG-HUN An attack late last year targeting more than 20 Polish banks suggests that hackers linked to North Korea are becoming more sophisticated and brazen. Uber Suspends Tests of Self-Driving Vehicles After Arizona Crash By MIKE ISAAC The Uber vehicle was not at fault, the police said. But the accident comes at a difficult time for the company. Alex Jones Apologizes for Promoting ‘Pizzagate’ Hoax By ELI ROSENBERG Mr. Jones, a well-known conspiracy theorist, acknowledged that neither a Washington pizzeria nor its owner had been involved in human trafficking. Banks and Tech Firms Battle Over Something Akin to Gold: Your Data By NATHANIEL POPPER Big banks are pushing for new agreements on the customer data they share with technology start-ups like Mint and Betterment. Renegotiate Nafta? Mexicans Say Get On With It By AZAM AHMED Uncertainty over the trade deal is hitting the country hard, pinching off foreign investment and lowering growth expectations. Welcome to the Podcast. First, a Word From Our Celebrity. By ERIN GEIGER SMITH Stars like Katie Couric and Lena Dunham often revel in putting a personal spin on the ho-hum ads they read as they host their digital shows. Iran Imposes Sanctions on 15 U.S. Companies By REUTERS Iran accused the companies, many of them military contractors, of human rights violations and of cooperating with Israel. Chinese Court Rules in Favor of Apple in Design Patent Disputes By REUTERS The court, in ruling against a domestic phone maker, overturned a ban on selling iPhone 6 and iPhone 6 Plus phones in China.
  16. RBS and NatWest to shut 158 branches Rising popularity of online banking prompts the decision to ditch 17% of RBS and 13% of NatWest branches. 23 March 2017 From the section Business Related content What happens when the town bank closes? Banks to give more support over closures RBS losses more than treble to £7bn RBS accused of systemic forgery State pension age 'could be raised to 70' Twenty year-olds may have to work till the age of 70, with millions more having to work till 68 23 March 2017 From the section Business Related content Reality Check: Is lack of cash making women work past 70? The women still working into their 70s Live Business Live: US stock markets volatile Traders send shares up after earlier losses as Congress prepares for healthcare vote. From the section Business Next in first profit fall for eight years 23 March 2017 From the section Business Lorry firm Eddie Stobart eyes £550m value 23 March 2017 From the section Business Higher fuel prices hit retail sales 23 March 2017 From the section Business Next shares leads FTSE 100 higher 23 March 2017 From the section Business Hopes fade for Co-op Bank turnaround plan 23 March 2017 From the section Business Energy price cap implications 'ominous' 23 March 2017 From the section Business Buy a bond on your mobile in Kenya 23 March 2017 From the section Business Apple 'paid zero tax' in New Zealand 23 March 2017 From the section Business Single market benefit 'largely imaginary' 23 March 2017 From the section Business Also in the News Bank cheques to be cleared within a day 22 March 2017 From the section Business comments Two major US firms 'tricked out of $100m' 22 March 2017 From the section Technology Features & Analysis What Next for shops? Next spells out what's troubling the High Street 23 March 2017 From the section Business ‘Vegetable ivory’ How an obscure tree seed is helping to save the elephant 23 March 2017 From the section Business Urban spies Are your shoes giving away data about you? 23 March 2017 From the section Technology How many countries? Is this dress better travelled than you? 22 March 2017 From the section Business Bear trap What really makes Bear Grylls afraid? 22 March 2017 From the section Business Trouble on the ranch Threats to trade deals worry US cattle farmers 22 March 2017 From the section Business
  17. RBS and NatWest banks to close more than 150 branches costing 470 jobs The bank said that 30 RBS and 128 NatWest branches would be shut Verizon, AT&T and Johnson & Johnson suspend advertising on Google Retail sales beat expectations in February Businessman putting job applicants through snowflake test is snowflake Richard Branson writes emotional farewell letter to Virgin America Brexit threat to anti-corruption fight warns OECD The agency questions whether leaving the EU could prompt the UK to weaken the Bribery Act in order to attract foreign investment after 2019 CEO uses 'snowflake' test when hiring to avoid 'whiny millennials' Pound sterling jumps to one month high State pension age could rise to 70 The Government is under pressure to address the spiralling cost of the £100bn-a-year state pension British Gas boss condemned for £1m pay rise News comes days after Prime Minister warned government would step in to control prices in a market that is 'manifestly not working' for customers Why financial markets shrugged off the Westminster terror attack Airline and hospitality stocks fell sharply last year after attacks at Brussels airport. After November 2015’s Paris attacks, tourism stocks came under pressure too 'This is what to do if your employee is resigning' How you react to a resignation could have a significant impact on your business and workforce Next says the outlook is grim but the City is right not to buy it The retailer has offered up a deeply pessimistic view of the future for its brick and mortar stores, but its boss is a past master at managing expectations down so he can outperform them Eurogroup head accused of racist and sexist comments pressured to quit Data points to peak in immigration of European Union workers Hungary threatens to ban Heineken over 'communist' red star logo Government in Budapest pushes for fines and even prison sentences for anyone selling products featuring totalitarian symbols Retailer Next posts first fall in annual profits in eight years Next had already warned that trading conditions would be challenging this year, after a weaker-than-expected performance over the crucial Christmas period UK homes could see energy bills increase by up to £445 per year Several companies have recently hiked their standard variable tariff and customers on fixed-rate plans could face steep price increases if they automatically roll over Threat to UK credit rating from cliff-edge Brexit says Moody's "There is a risk of a sudden collapse of the negotiations without any substitute arrangements in place," the agency said in a new report ahead of the Government's triggering of Article 50 UK millionaires think Brexit will make them even richer Retailer Brantano enters administration, more than 1,000 jobs at risk Tesco has stopped selling Heineken beers because of Brexit The retailer is now stocking only 22 of the 53 brands that it was selling at the start of the year Barclaycard boss quits to defend US civil liberties against Trump Amer Sajed was born in Pakistan and left for the US at 19 with a one-way ticket and $900 - now he is fighting the President amid concerns about the rights of Muslims, immigrants and women CEO pay: Report from Equality Trust shows society's values are twisted British based airlines 'told to move to Europe or lose business' Primark recalls children's novelty cat leggings over choking hazard The high street store is urging customers to return the product
  18. Eton Park to Shut Down as $3 Trillion Hedge Fund Industry Faces Turmoil By MATTHEW GOLDSTEIN 1:20 PM ET The firm, founded by a former Goldman Sachs partner, Eric Mindich, decided to close after a 10 percent decline in performance last year. Al Drago/The New York Times Common Sense Pages From Trump’s Tax Returns Raise a Decade’s Worth of Questions By JAMES B. STEWART 11:54 AM ET Filings from 1995 and 2005, incomplete as they are, offer tantalizing clues about how the Trumps might have minimized their liability over several years. ‘Turkish Trump,’ a Hotel Plan and a Tangle of Foreign Ties By STEVE EDER and BEN PROTESS President Trump pledged that his business would avoid overseas deals during his tenure. But his company is pursuing a hotel project with a firm with deep foreign connections. Foreign Growth ‘Off the Table’: Conversation With Trump Hotel Chief By BEN PROTESS and STEVE EDER Eric Danziger, who is contending with a thicket of ethical considerations, says the company will not be “growing the brands outside the United States.” Wall Street Wavers as Trump Faces Key Healthcare Vote 1:42 PM ET Robert Iger, Disney’s C.E.O., Agrees to One-Year Extension By BROOKS BARNES 12:06 PM ET The extension, which will keep Mr. Iger at Disney until 2019, reflected the difficulty the company has had identifying a successor. Banks and Tech Firms Battle Over Something Akin to Gold: Your Data By NATHANIEL POPPER Big banks are pushing for new agreements on the customer data they share with technology start-ups like Mint and Betterment. ‘Defiant’ in the Face of Terrorism: Londoners After the Attack By PRASHANT S. RAO and AMIE TSANG 1:45 PM ET Residents of the city expressed a resolute stoicism, as the regular rhythm of life persisted. This Commercial Break, Brought to You by Tax Policy By ALAN RAPPEPORT As lawmakers battle over health care, businesses and other groups are already gearing up, and taking to the airwaves, for the fight to come over taxes. North Korea Said to Be Target of Inquiry Over $81 Million Cyberheist By MICHAEL CORKERY and MATTHEW GOLDSTEIN The U.S. attorney’s office in Los Angeles is said to be examining the extent to which the North Korea government aided the theft of $81 million from the Bangladesh central bank. China Bets on Sensitive U.S. Start-Ups, Worrying the Pentagon By PAUL MOZUR and JANE PERLEZ Beijing is pushing Chinese firms to invest in early-stage U.S. companies specializing in technology with potential military applications, a new report says. AT&T and Johnson & Johnson Pull Ads From YouTube By SAPNA MAHESHWARI and DAISUKE WAKABAYASHI The companies cited concerns that Google was not doing enough to prevent brands from appearing next to offensive material, like hate speech. Airbnb’s Rivals in China Hold Hands in a Nervous New Market By AMIE TSANG and PAUL MOZUR The Silicon Valley firm introduces a new effort in a country where other foreign firms have stumbled — and where rivals offer door locks and advice to worried hosts. As Rivals Stand Silent, One Health Insurer Protests G.O.P. Plan By REED ABELSON Dr. J. Mario Molina, one of the few insurance executives to criticize the House bill publicly, says it could harm insurers and patients alike. Wall Street Journal Editorial Harshly Rebukes Trump By SYDNEY EMBER The editorial said President Trump was damaging his presidency with “exaggerations, evidence-free accusations, implausible denials and other falsehoods.” Where Halls of Ivy Meet Silicon Dreams, a New City Rises By DAVID W. CHEN Focusing mainly on advanced technology and the sciences, three of the city’s biggest academic building projects in years will soon open for business. In a Surprise, the Overseas Movie Box Office Shows No Growth By BROOKS BARNES Increased ticket sales in countries like Brazil and Japan could not offset steep declines in places like Germany, Britain and Mexico. China was flat.
  19. Latrobe Valley paper plant sounds alarm over Indonesian dumping Published: 7:49 PM Latrobe Valley paper plant sounds alarm over Indonesian dumping 1,100 Jones Bootmaker jobs at risk as private equity deal collapses Published: 7:39 PM 1,100 Jones Bootmaker jobs at risk as private equity deal collapses Nils Pratley on finance What next for Next? Decline, if it comes, should still be profitable Published: 7:27 PM What next for Next? Decline, if it comes, should still be profitable Crest Nicholson shareholders reject pay deal for directors Published: 7:10 PM Crest Nicholson shareholders reject pay deal for directors RBS and NatWest to close 158 branches as customers go digital Published: 6:05 PM RBS and NatWest to close 158 branches as customers go digital Cubs president Theo Epstein named world's greatest leader ahead of Pope Published: 3:08 PM Cubs president Theo Epstein named world's greatest leader ahead of Pope Brexit could damage UK's fight against corruption, says OECD Published: 12:18 PM Brexit could damage UK's fight against corruption, says OECD UK retail sales shrug off Brexit fears with February rise Published: 10:37 AM UK retail sales shrug off Brexit fears with February rise When Neil Gorsuch put corporate interests over a man freezing to death Published: 10:00 AM When Neil Gorsuch put corporate interests over a man freezing to death [*] No EU trade deal is better than a bad deal? Don’t bet on it, Theresa May Jonathan Portes Published: 9:30 AM No EU trade deal is better than a bad deal? Don’t bet on it, Theresa May Next admits mistakes as profits fall for first time in eight years Published: 8:58 AM Next admits mistakes as profits fall for first time in eight years Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty Published: 7:02 AM Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty Counting clicks ... a beginner's guide to mastering Google Analytics Published: 7:00 AM Counting clicks ... a beginner's guide to mastering Google Analytics George Brandis, Asio and the battle to control Australia's telecommunications
  20. UBS set to charge wealthy for keeping euro savings UBS , the world's biggest wealth manager, will impose a penalty charge on customers who park euros with the bank, one of the largest lenders to break what has been a taboo in finance as sub-zero interest rates bite. 2:33pm GMT UK regulator wins landmark Supreme Court identity case Britain's markets watchdog did not wrongfully identify a former JPMorgan executive in the "London Whale" scandal, the Supreme Court ruled on Wednesday in a landmark case that endorses a regulatory policy of speedy corporate settlements. 2:33pm GMT South Africa suspends some meat imports from Brazil South Africa has suspended some meat imports from Brazil citing a scandal in the South American country's meat processing industry, the Department of Agriculture, Forestry and Fisheries said on Wednesday. 2:26pm GMT Profits rise six percent at Li Ka-shing's CK Hutchison, beats forecast CK Hutchison Holdings Ltd , the ports-to-telecoms arm of billionaire businessman Li Ka-shing, beat forecasts on Wednesday with a 6 percent rise in 2016 net profit and said it was cautiously optimistic about the group's prospects. 1:41pm GMT Container shipping lines ordered to testify in U.S. sector probe The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on Wednesday. 1:39pm GMT Romania bids to host EU drug agency after Brexit Romania wants Brussels to relocate its pan-European drug regulator EMA to Bucharest from London after Brexit, the government said on Wednesday, hoping that the fact that it still hosts no EU watchdogs will help make it an attractive candidate. 1:36pm GMT Centrica CEO's annual remuneration package rises nearly 40 percent Iain Conn, chief executive of Britain's largest energy supplier Centrica , received a nearly 40 percent rise in annual remuneration to more than 4 million pounds, the company's yearly report showed on Wednesday. 1:28pm GMT UK economy growing solidly despite inflation hit - BoE report Britain's economy looks set to defy a slowdown again this year as the country moves closer to leaving the European Union, with the hit to shoppers from surging inflation partly offset by more investment and exports, a Bank of England report suggested. 1:21pm GMT Top British bosses earn nearly 400 times more than minimum wage The heads of Britain's top 100 listed companies earn on average almost 400 times more than a worker on the minimum wage, according to analysis that will add fuel to the fire of a debate about inequality in the country. 12:56pm GMT Record profits at Hermes underscore luxury sector's upturn French luxury goods group Hermes said it had started this year on a solid footing after announcing record 2016 profits on Wednesday, providing further evidence of a broader recovery in the luxury goods industry.
  21. Laptop ban hits Gulf airlines in battle for business travellers A ban on laptops in plane cabins bound for the United States from some cities could deal a blow to the big, fast-growing Gulf airlines, which depend on business-class flyers stopping over in places like Dubai or Doha for far-flung destinations. 4:27pm GMT Citi says EU 'equivalence' regime no answer to Brexit banking question British-based banks would be foolhardy to expect to retain access to European Union markets in return for sticking closely to the bloc's rules after Brexit, a senior banking official said on Wednesday. 4:24pm GMT Shell gets access to key oil hub in Panama - sources Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been used by U.S. refiner Tesoro Corp , sources involved in the deal told Reuters, gaining much-needed storage for its crude operations. 4:20pm GMT EU's Vestager says analysing Facebook reply to WhatsApp probe EU antitrust chief Margrethe Vestager said on Wednesday she was reviewing Facebook's response to charges the U.S. social network provided misleading information during its bid for messaging service WhatsApp which may result in a hefty fine for the company. 3:57pm GMT Britain may have big Brexit bill to settle with EU Investment Bank Britain's bill for settling its financial position with the European Investment Bank after Brexit may be costly, the EIB's chairman said on Wednesday, calling for "civilised" divorce talks that could avoid such an outcome. 3:53pm GMT EU to formally veto Deutsche Boerse LSE merger shortly - sources The European Commission will shortly veto a proposed merger between Deutsche Boerse and the London Stock Exchange , four sources close to the matter said on Wednesday, scuppering plans to create Europe's biggest exchange. 3:50pm GMT Fiat Chrysler shares fall after news of French emissions probe Shares in Fiat Chrysler fell as much as 4 percent on Wednesday, pushed lower by news that French prosecutors have opened a formal investigation into the carmaker over allegations that it cheated in diesel emission tests. 3:46pm GMT Stuttgart prosecutor probes Daimler employees for potential fraud The public prosecutor's office has launched an investigation against employees at German carmaker Daimler , on suspicion of fraud and misleading advertising, it said on Wednesday. 3:18pm GMT BASF, on the sidelines of merger wave, eyes generic pesticides With rivals joining forces all around, Germany's BASF has been eyeing a surprise foray into generic pesticides, although the issue is on hold while it looks to snap up assets being spun off in those mergers. 3:00pm GMT Barclays aims for bigger share of euro clearing business in Middle East Barclays aims to increase its share of the euro clearing business in the Middle East and North Africa region (MENA) from low double-digits to 25 percent in the next three years, a senior Barclays executive said, capitalising on growing demand from companies for transactions in euros.
  22. Brazil's agriculture minister says meat industry may lose 10 percent market share Brazil's meatpacking industry has been badly damaged by a police investigation into alleged unsanitary and corrupt practices, and could lose upward of 10 percent of its global market share, Agriculture Minister Blairo Maggi said on Wednesday. 6:18pm GMT Stocks slip on doubts over Trump policies, gold rallies Most U.S. and European share indexes fell or were little changed on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S. Treasuries, and the yen rallied. 6:03pm GMT Staff levels at BMW's Dutch Mini assembly plant to overtake UK's BMW's X1 model will be built in the Netherlands, it said on Wednesday, boosting staff levels at Mini's contract manufacturer VDL Nedcar beyond those at the German carmaker's plant in Oxford, England, where the Mini hatch is made. 5:24pm GMT Judge asks Mediaset, Vivendi to settle defamation suits - source An Italian judge has asked the country's biggest private broadcaster Mediaset and France's Vivendi to try to find an agreement over defamation suits they have launched against each other, a judicial source told Reuters. 5:15pm GMT Vivendi's Ben Ammar says ready to act as mediator with Mediaset Vivendi supervisory board member Tarak Ben Ammar said on Wednesday he was ready to act as a mediator between the French media group and Italian broadcaster Mediaset in a dispute over a collapsed pay-TV deal. 5:15pm GMT Swiss banking watchdog checking on 'Laundromat' reports Switzerland's financial watchdog is looking into a report that dozens of Swiss banks may have helped launder more than $600 million (481.27 million pounds) from Russia in a global scheme dubbed "Laundromat". 5:07pm GMT UK credit rating hinges on agreeing trade deals - Moody's Moody's credit rating agency said on Tuesday the path of Britain's sovereign credit rating would depend on whether it agrees trade deals as it leaves the EU, along the lines espoused by Prime Minister Theresa May's government. 4:52pm GMT Britain-based banks moving to Europe may get easier entry, ECB says Banks looking to move from Britain to the euro zone after Brexit may be given an expedited entry, with supervisors willing to spare them from a lengthy initial test of their risk models, a top European Central Bank official said on Wednesday. 4:45pm GMT SocGen says to raise spending on French retail bank Societe Generale plans to spend an extra 250 million euros (217.09 million pounds) this year on its French retail banking business, its deputy CEO said, as it fortifies itself against increasing competition from online rivals. 4:39pm GMT Italy to test EU rules again with Veneto banks bailout Italy's plans to bail out two regional banks pose a dilemma for European regulators, who are still considering whether Monte dei Paschi qualifies for state aid, three months after giving a preliminary green light.
  23. Staff levels at BMW's Dutch Mini assembly plant to overtake UK's BMW's X1 model will be built in the Netherlands, it said on Wednesday, boosting staff levels at Mini's contract manufacturer VDL Nedcar beyond those at the German carmaker's plant in Oxford, England, where the Mini hatch is made. 5:24pm GMT Britain may have big Brexit bill to settle with EU Investment Bank Britain's bill for settling its financial position with the European Investment Bank after Brexit may be costly, the EIB's chairman said on Wednesday, calling for "civilised" divorce talks that could avoid such an outcome. 3:53pm GMT FTSE lags Europe as stronger pound compounds losses British shares pulled back on Wednesday, weighed by banks and miners, as investors repriced expectations for fiscal easing from the U.S. and a stronger outlook for sterling compounded weakness in the UK stock market. 6:35pm GMT Euro zone banks under scrutiny but none in danger watchdog says Several European banks are being closely monitored by the agency responsible for closing lenders which go bust in the euro zone, but none are failing or about to fail, the head of the Single Resolution Board (SRB) said on Wednesday. 7:04pm GMT EU to formally veto Deutsche Boerse LSE merger shortly - sources The European Commission will shortly veto a proposed merger between Deutsche Boerse and the London Stock Exchange , four sources close to the matter said on Wednesday, scuppering plans to create Europe's biggest exchange. 3:50pm GMT Britain-based banks moving to Europe may get easier entry, ECB says Banks looking to move from Britain to the euro zone after Brexit may be given an expedited entry, with supervisors willing to spare them from a lengthy initial test of their risk models, a top European Central Bank official said on Wednesday. 4:45pm GMT Maersk reaches key North Sea tax deal with Denmark Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025. 7:32pm GMT Shareholders urge Akzo to negotiate with suitor PPG Shareholders piled pressure on Dutch paint maker Akzo Nobel to open talks with U.S. rival PPG Industries on Wednesday after Akzo rejected a revised 22.7 billion euro takeover offer as too low, too risky and a bad fit culturally. 7:50pm GMT UK economy growing solidly despite inflation hit - BoE report Britain's economy looks set to defy a slowdown again this year as the country moves closer to leaving the European Union, with the hit to shoppers from surging inflation partly offset by more investment and exports, a Bank of England report suggested. 1:21pm GMT Brazil scandal tests JBS, BRF push for overseas units IPOs Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health officials that triggered bans on Brazilian meat exports.
  24. Google ad row spreads to US brands Four major US brands pull advertising from Google as row over extremist content spreads beyond Europe. 22 March 2017 From the section Technology Related content Can Google police YouTube? Google apologises as M&S pulls ads Brantano collapse puts 1,000 jobs at risk Value shoe retailer Brantano falls into administration in a 'difficult' market and the weak pound. 22 March 2017 From the section Business Live Stock markets lose momentum London's benchmark FTSE 100 falls, while Wall Street opens lower; Sterling gives up earlier gains. From the section Business Related content US markets take further tumble FTSE 100 falls UBS to start charging for euro deposits 22 March 2017 From the section Business Bosses' incomes hit 386 times living wage 22 March 2017 From the section Business Bank cheques to be cleared within a day 22 March 2017 From the section Business comments Plusnet fined £880,000 for extra bills 22 March 2017 From the section Technology Investors urge Dulux owner to hold talks 22 March 2017 From the section Business Thames Water fined £20m for sewage spill 22 March 2017 From the section England comments The women still working into their 70s 22 March 2017 From the section Business Screwfix boosts Kingfisher's profits 22 March 2017 From the section Business Hermes reports record annual profits 22 March 2017 From the section Business Also in the News Two major US firms 'tricked out of $100m' 22 March 2017 From the section Technology The woman taking on ticket tout website 21 March 2017 From the section Entertainment & Arts Features & Analysis How many countries? Is this dress better travelled than you? 22 March 2017 From the section Business Bear trap What really makes Bear Grylls afraid? 22 March 2017 From the section Business Trouble on the ranch Threats to trade deals worry US cattle farmers 22 March 2017 From the section Business Advertising control 'Making sure your ad doesn't end up by an Isis video' 21 March 2017 From the section Business Fake data threat How hackers could play havoc with our economies 21 March 2017 From the section Business Reality Check What's this new measure of inflation?
  25. Wall Street Mixed; All Eyes on Trump and Healthcare 3:06 PM ET As Rivals Stand Silent, One Health Insurer Protests G.O.P. Plan By REED ABELSON 33 minutes ago Dr. J. Mario Molina, one of the few insurance executives to criticize the House bill publicly, says it could harm insurers and patients alike. Uber Board Stands by Travis Kalanick as It Reveals Plans to Repair Its Image By MIKE ISAAC In a conference call with executives, Uber presented a list of changes it plans to make to improve morale and repair its tarnished reputation. Wall Street Journal Editorial Harshly Rebukes Trump By SYDNEY EMBER 1:45 PM ET The editorial said President Trump was damaging his presidency with “exaggerations, evidence-free accusations, implausible denials and other falsehoods.” After Failed Cabinet Bid, Puzder Leaves Restaurant Post By VINDU GOEL Andrew F. Puzder, who withdrew his nomination as labor secretary, has now resigned as head of the company that owns the Carl’s Jr. and Hardee’s chains. China Bets on Sensitive U.S. Start-Ups, Worrying the Pentagon By PAUL MOZUR and JANE PERLEZ 11:07 AM ET Beijing is pushing Chinese firms to invest in early-stage U.S. companies specializing in technology with potential military applications, a new report says. Airbnb’s Rivals in China Hold Hands in a Nervous New Market By AMIE TSANG and PAUL MOZUR The Silicon Valley firm introduces a new effort in a country where other foreign firms have stumbled — and where rivals offer door locks and advice to worried hosts. Market Dip Bucks a Streak of Trump-Inspired Optimism By LANDON THOMAS Jr. The Standard & Poor’s 500-stock index had gone 64 consecutive trading days without declining more than 1 percent in a trading session. A.I. Expert at Baidu, Andrew Ng, Resigns From Chinese Search Giant By PAUL MOZUR The departure is a blow to Baidu, which has been betting big on artificial intelligence as a foundation to fields like voice recognition and driverless cars. A Scholarly Sting Operation Shines a Light on ‘Predatory’ Journals By GINA KOLATA 2:11 PM ET A group of researchers created a ruse to draw attention to the seamy side of open-access journals, some of which will publish just about anything for a fee. Survival of Sears and Kmart Is in Doubt, Owner Warns By CARLOS TEJADA With losses mounting, Sears Holdings Corporation said in its annual report that there were “substantial doubts” it could continue operating. Deal Professor Dole Case Illustrates Problems in Shareholder System By STEVEN DAVIDOFF SOLOMON Some Dole shareholders may not get a piece of a recent settlement. While shareholders think they own the shares they buy, they don’t in a sense. In Stark Terms, Ex-Chairman of Dean Foods Describes Passing Along Tips By COLIN MOYNIHAN Thomas Davis, testifying in a case against the gambler William Walters that also involves the golfer Phil Mickelson, made an extraordinary admission of malfeasance.
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