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October 22, 2018 by Admin

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MPs call for Viagogo boycott and shake-up of ticket touting laws March 19, 2019
Committee’s report on live music industry also criticises Google for promoting websiteA committee of MPs has taken the highly unusual step of urging consumers to boycott the ticket resale firm Viagogo, criticising Google for promoting the website and calling for a review of laws against ticket touting.In a report on the live music industry, the […]
Interserve fights to keep contracts as rivals circle March 18, 2019
Outsourcing firm seeks to fend off interest in lucrative deals from Mitie and SercoThe outsourcing firm Interserve is hoping to prevent a client exodus as rivals seek to cherry-pick parts of the business, which was bought out of administration by its lenders last week.The government contractor, which employs 45,000 people in the UK and manages […]
Brexit billionaire chooses BMW engine for 'British' 4x4 project March 18, 2019
UK’s richest man Jim Ratcliffe had already signed up German firm to design vehicleThe UK’s richest man, expat Brexit supporter Jim Ratcliffe, has enlisted Germany’s BMW to supply engines for a “British” successor to the Land Rover Defender, after handing the vehicle design contract to another German firm last year.Ineos, the chemicals company Ratcliffe founded […]
Deutsche's deal with Commerzbank a sign of sector's weakness | Larry Elliott March 18, 2019
Merger plan comes amid problems that find many European banks in a zombie-like stateThe proposed merger between Deutsche Bank and Commerzbank is far from a done deal. Politicians in Berlin might be supporting the tie-up, but there are plenty of critics – from unions fearful of tens of thousands of job losses to shareholders worried […]
Warner Bros chairman-CEO resigns after sexual impropriety allegations March 18, 2019
Kevin Tsujihara is stepping down after an investigation was launched into his relationship with British actor Charlotte Kirk whose career he allegedly elevatedThe Warner Bros chairman-CEO, Kevin Tsujihara, has resigned after allegations of sexual impropriety.The 54-year-old has been embroiled in controversy since the Hollywood Reporter published an article suggesting that he engaged in a sexual […]
Online retail fuelling rapid rise in sales of fake goods, says OECD March 18, 2019
Counterfeits worth $590bn a year made up 3.3% of global trade in 2016, report findsThe rise of online platforms for buying and selling goods has fuelled a rapid increase in fake merchandise sold around the world, the value of which has reached $590bn (£384.4bn) a year, according to a report.The Organisation for Economic Co-operation and […]
Police begin criminal inquiry into failed training firm 3aaa March 18, 2019
Specialist fraud unit to investigate allegations made by Department for EducationPolice have launched a criminal investigation into allegations of fraud at the UK’s largest government-funded apprenticeship provider.Derbyshire constabulary said its specialist fraud investigation unit has begun a formal fraud investigation into the collapse of 3aaa, which was training 4,216 apprentices at companies including Ocado, Volkswagen […]
Boeing 737 Max: US prosecutors investigate plane after fatal crashes March 18, 2019
Investigation, issued by grand jury in Washington DC, includes subpoena seeking documents related to aircraft’s developmentUS federal prosecutors and regulators have opened an inquiry into the development of Boeing 737 Max airplanes following two fatal crashes, a move that comes as scrutiny is mounting over Boeing and the US’s top aviation regulator’s role in certifying […]
Why has the US Fed turned away from interest rate rises? | Nouriel Roubini March 18, 2019
Stalling inflation and a need to show independence have pushed it to a dovish stanceThe US Federal Reserve surprised markets recently with a large and unexpected policy change. When the Federal Open Market Committee (FOMC) met in December 2018, it increased the Fed’s policy rate to 2.25%-2.5%, and signalled that it would raise the benchmark […]
Travelodge seeks parents to fill post-Brexit staffing gaps March 18, 2019
Budget chain is to open 100 hotels in the next five years that will create 3,000 jobsTravelodge wants to recruit parents returning to work to fill post-Brexit staffing gaps, as it pushes ahead with 100 hotel openings that will create 3,000 jobs over the next five years.The company, one of Britain’s biggest hotel chains with […]