Business

What has Donald Trump actually achieved on trade?

[ad_1] Image copyright Getty Images Image caption What deals has Donald Trump managed to do? Is Donald Trump anything more than, as he once put it, "Tariff Man"? The US president uses the tool against trading partners to fight battles from "unfair" steel price practices to France's digital tax on tech giants. Most prominent has been his trade war with China which has raised border taxes on almost $500bn of
Business

Davos 2020: What to expect at the WEF summit

[ad_1] BBC Economics Editor Faisal Islam offers some hints on what to look out for at this year's Davos summit of global business and political leaders in Switzerland.He attended the launch event for the World Economic Forum's annual global risk report, which sets the agenda for the summit.Video Journalist: Dougal Shaw [ad_2] Source link
Business

Courier fraud: Victim ‘cried for days’

[ad_1] Image copyright Jo Wallwork Image caption Carol Norton had £4,000 stolen from her even though the criminals knew her husband Keith (pictured) was terminally ill "I couldn't believe I could lose £4,000 as easy as that. It was terrible".Carol Norton is talking about the moment she realised she'd had thousands of pounds stolen from her and her dying husband.She'd become a victim of courier fraud.It is when fraudsters convince
Business

Rough Trade: We’re selling more records than ever

[ad_1] At the Rough Trade East record shop in London's Brick Lane, a man dressed as a giant hot dog is on stage introducing a song."Put your hands up if you're afraid of spiders," says frontman Murray Matravers of fast-rising band Easy Life, before launching into one of their typically quirky compositions. Easy Life's in-store live appearance has attracted a throng of enthusiastic teenage fans, all clutching newly purchased copies
Business

Victims’ families slam report into 737 Max crashes

[ad_1] Image caption Zipporah Kuria, the daughter of Joseph Wathaika - who was killed in the Ethiopian Airlines crash - said the existing system has "already dearly cost us" Relatives of a man killed in one of two crashes involving a Boeing 737 Max have condemned a report into the disasters.The expert panel behind the report concluded the system used to certify the aircraft as safe was "effective".But the family
Business

Whirlpool: Owners rush to register fire-risk washing machines

[ad_1] Image copyright Mark Fielder Image caption Mark Fielder criticised Whirlpool's response Thousands more owners of dangerous Hotpoint and Indesit washing machines have demanded a resolution from manufacturer Whirlpool.The US firm launched a huge recall of UK machines last week, and some 76,000 customers are now awaiting action.But that still leaves 443,000 machines which need to be located and either repaired or replaced.Whirlpool says a fault in the electronic door
Business

Travelex boss breaks silence 17 days after cyber attack

[ad_1] Image copyright Travelex Image caption Tony D'Souza said it was "not appropriate" to discuss details of the attack. The boss of Travelex has broken his silence about a cyber attack that forced its staff to use pen and paper and halted travel money sales at some banks and supermarkets.The firm has released a number of short statements since cyber criminals held the firm to ransom on 31 December.But in
Business

Entrepreneurs: From coal to coffee in ex-mining town

[ad_1] Media playback is unsupported on your device Media captionCoaltown Coffee boss: 'I failed my business exam' Scott James had failed all his exams - and decided the future was in his own hands.Aged 19, he set up his own coffee roasters in his hometown Ammanford, Carmarthenshire. Six years later he is still living in the former mining community - where weekly pay is below the Welsh average - but
Business

Retail sales fall sharply in December

[ad_1] Image copyright Getty Images Retail sales fell again in December as the Christmas shopping spree failed to materialise.Monthly retail sales volumes fell by 0.6% in December, the fifth month in a row without growth, the Office for National Statistics said.Food stores were hard hit, with the quantity bought falling by the biggest amount since December 2016."Anecdotal evidence from a number of stores stated that goods did not sell as
Business

Flybe confirms it will get a tax and duty holiday

[ad_1] Image copyright Getty Images Flybe has hit out at reports that the regional airline a payment holiday of up to £100m from tax authorities.It has agreed a payment plan with HM Revenue and Customs (HMRC) for "less than £10m" it said. It said the arrangement would be for a "matter of months" before the tax and duties are paid off.The airline defended the move as "a standard Time to