Tag: Business

  • London Stock Exchange becomes takeover target

    London Stock Exchange becomes takeover target

    The London Stock Exchange has become a takeover target after its proposed merger with Canadian rival TMX was ditched. The Toronto-based group indicated it was unlikely to win the necessary two-thirds support from its shareholders. The collapse of the deal is a major setback for LSE chief Xavier Rolet. At a time of rapid consolidation […]

  • UK factory PMI surges to 16-month high, exports recover

    UK factory PMI surges to 16-month high, exports recover

    Growth at British factories surged unexpectedly to a 16-month high in October, helped by a recovery in export orders, according to a survey that will temper some of the concern that the economy is losing steam after two years of gains. The Markit/CIPS purchasing managers’ index (PMI), published on Monday, was a rare bright spot […]

  • Europe Calls for Tougher Rules on Global Markets

    Europe Calls for Tougher Rules on Global Markets

    Sometimes it’s not just what is said that counts, but the way it is said. And if tone is anything to go by, the leaders of the European Union’s largest economies are dead serious about cleaning up global finance markets. On Sunday, officials from eight E.U. countries wound up an economic summit in Berlin calling […]

  • Petrol Politics: How Much Should an Oil Spill Cost?

    Petrol Politics: How Much Should an Oil Spill Cost?

    How serious should the penalties for an oil spill be? In early November, Chevron and its drilling partner Transocean accidentally spilled some 3,000 barrels of oil into the ocean off the coast of Rio de Janeiro in Brazil. As oil spill go, it was relatively minor—although it is a sign of how hard offshore drilling […]

  • Betting on Big Solar

    Betting on Big Solar

    It’s good news for solar advocates and bad news for competitors: General Electric is breaking into the solar business in a major way. In April, GE announced it had built a solar module with the highest publicly reported efficiency rate for cadmium telluride thin film — the most popular low-cost solar technology. The commercial module […]

  • Can Silicon Valley and Detroit Reinvent the Car Business?

    Can Silicon Valley and Detroit Reinvent the Car Business?

    In the month of October, General Motors, Ford and Chrysler once again increased their share of cars and light trucks sold in America. In the third quarter of this year, the companies all reported solid profits. In fact, for the 12 months that just ended, their net income totaled $13 billion — compared to losses […]

  • Sheet Metal Worker

    Sheet Metal Worker

    Sheet metal workers make sure you stay warm in the winter and cool in the summer by servicing the heating and cooling equipment in buildings. These tradesmen and women may specialize in heating, ventilation and air-conditioning systems (also known as HVAC) or architectural, industrial and service sheet metal work. With HVAC work, workers fabricate and […]

  • US and 11 other countries reach landmark Pacific trade pact

    US and 11 other countries reach landmark Pacific trade pact

    Trade ministers from 12 countries announced the largest trade-liberalizing pact in a generation on Monday. In a press conference in Atlanta, trade ministers from the US, Australia and Japan called the the Trans-Pacific Partnership an “ambitious” and “challenging” negotiation that will cut red tape globally and “set the rules for the 21st century for trade”. […]

  • The mixed fortunes of a fuel

    The mixed fortunes of a fuel

    IN A high-tech world, dirty black lumps of coal might seem like an anachronism. Yet coal is far from a thing of the past. However whizzy your iPad, your wall-mounted television or your electric car, the chances are that it is powered by the stuff. Coal-fired power stations provide two-fifths of the world’s electricity, and […]

  • New DNA test for embryos could boost IVF success rates

    New DNA test for embryos could boost IVF success rates

    A test that checks for abnormal amounts of DNA in IVF embryos has raised pregnancy rates at US fertility clinics that have started to offer the procedure. Scientists in Oxford who helped develop the test claim it can boost the chances of an IVF pregnancy by 10 percentage points, leading to success rates of about […]

  • Renewable electricity overtakes coal for first time in UK

    Renewable electricity overtakes coal for first time in UK

    Britain generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, as more wind and solar farms were built. A record high of 25.3 per cent of the UK’s power came from wind, solar, biomass and hydro-electric sources in the three months to […]

  • Truckers strike four shipping companies at Southern California ports

    Truckers strike four shipping companies at Southern California ports

    Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike on Monday against four trucking companies, a Teamster union official said, in a move that could revive labor tension at the nation’s busiest cargo hub. Delegations of drivers notified the companies of their intent to strike at 6 […]

  • RHS Sunflower seed giveaway

    RHS Sunflower seed giveaway

    April 14-20 is National Gardening Week, the RHS’ annual attempt to get us off the sofa and onto the beds with a series of events and initiatives. It has extra oomph because 2014 is also the 50th anniversary of Britain in Bloom, the annual campaign to beautify communal spaces, which involves more than 300,000 people. […]

  • UK construction growth bolsters economic recovery hopes

    UK construction growth bolsters economic recovery hopes

    Britain’s construction industry grew at the fastest pace in nearly a year in February, bolstering expectations that the UK will escape a double dip recession. February data from economic research firm Markit signalled a solid rise in construction output, extending the period of continued growth to 14 months. There was a sharp rise in new […]

  • ‘Stem rust’ fungus threatens global wheat harvest

    ‘Stem rust’ fungus threatens global wheat harvest

    The world’s leading crop scientists issued a stark warning that a deadly airborne fungus could devastate wheat harvests in poor countries and lead to famines and civil unrest over significant regions of central Asia and Africa. Ug99 — so called because it was first seen in Uganda in 1999 — is a new variety of […]

  • Italian vintners forced to harvest crops early due to sultry summer

    Italian vintners forced to harvest crops early due to sultry summer

    Italy is set for one of its smallest wine harvests after an arid, torrid summer – and will almost certainly cede its title as the world’s biggest wine producer to France. Growers say scorching temperatures and meagre rainfall have affected crops, but add that predicted autumn rains could save the quality of a vintage that […]

  • Banks fail to meet targets to increase lending to small business

    Banks fail to meet targets to increase lending to small business

    Banks failed to increase lending to small businesses in the first three months of 2010, despite political pressure to free up the credit markets. The Bank of England’s latest credit conditions survey found that credit made available to small business in the first quarter of the year was “little changed” from the previous quarter – […]

  • Tackling the problem of really slow ADSL broadband

    Tackling the problem of really slow ADSL broadband

    As you have discovered, in our new competitive broadband market, the buck frequently doesn’t stop anywhere. Demon is your internet service provider (ISP), but it sounds as though your broadband is actually provided by BT Wholesale. However, OpenReach looks after the “local loop” part of the network from the exchange to your house. OpenReach is […]

  • Sri Lanka’s tea growers have gone organic

    Sri Lanka’s tea growers have gone organic

    Until quite recently, Sri Lanka had disappeared from the British tea connoisseur’s map. While European tea lovers have always rated top Ceylon estates highly, here the 60s Ceylon Tea centres – which served up a cup of heartburn-inducing tannic brew alongside some vaguely curried veg in cold pastry – did nothing to endear it to […]

  • Small businesses: the importance of knowing your market

    Small businesses: the importance of knowing your market

    So you’ve had a lightbulb moment and come up with a business idea. Now you need to ask yourself a simple question: “‘Will my idea work?” The only way to answer this is by doing research. But, even though the information and knowledge you can acquire from personal observation, detailed online research, attending networking events […]

  • The experts’ step-by-step guide to cyber security

    The experts’ step-by-step guide to cyber security

    Where does cyber security fall on your to-do list? If it’s not a priority, it should be because 60% of small businesses suffered a breach in the year leading up to October 2014. The worst of these breaches disrupted operations for an average of seven to 10 days. We recently held a live Q&A on […]

  • Farmers fall prey to rice rustlers as price of staple crop rockets

    Farmers fall prey to rice rustlers as price of staple crop rockets

    Knee-deep in muddy water, her face smeared with sandalwood paste and a broad-brimmed hat for protection against the broiling sun, Samniang Ketia grins broadly at her good fortune to be in the rice growing business as she replants shoots for the next harvest two months off. The 37-year-old, who leases a small plot of land […]

  • United Airlines will honour flight tickets mistakenly sold for $5 to $10

    United Airlines will honour flight tickets mistakenly sold for $5 to $10

    United Airlines will honour plane tickets it mistakenly sold online for between $5 and $10, the company said on Friday. Customers using the airline’s website were able to book tickets without paying airline fares – just airport and security fees – for a brief time on Thursday due to a human error, United confirmed. The […]

  • Seven reasons the world’s stock markets are falling

    Seven reasons the world’s stock markets are falling

    European markets are in panic mode with all major indices down sharply. It follows a widespread sell-off on both sides of the Atlantic on Wednesday. Here are seven reasons why investors are so nervous: Fears of a global slowdown led by the US Recent data is fuelling fears that the global recovery is losing steam. […]

  • South Sudan to export coffee for the first time

    South Sudan to export coffee for the first time

    The world has long been pleading with South Sudan’s feuding leaders to wake up and smell the coffee. The four-year-old country is notorious for conflict and oil but less well known for a coffee farming industry that was wiped out by decades of war. Now TechnoServe, a non-profit organisation that works with smallholder farmers around […]

  • The European Union needs reforming, not abandoning

    The European Union needs reforming, not abandoning

    Jonathan Freedland (Opinion, 10 October) is right to warn that a “remain” vote in the forthcoming EU referendum is by no means a foregone conclusion, not least because some will doubtless use it as an opportunity to show two fingers to likely “in” supporters Cameron and Osborne, rather than as a chance to express a […]

  • Günter Grass: final interview reveals author’s fears of another world war

    Günter Grass: final interview reveals author’s fears of another world war

    Germany’s Nobel-winning author Günter Grass said he feared humanity was “sleepwalking” into a world war in the last interview he gave before his death on Monday. “We have on the one side Ukraine, whose situation is not improving; in Israel and Palestine things are getting worse; the disaster the Americans left in Iraq, the atrocities […]

  • Wall Street still sees itself as its own best client. Can that ever be remedied?

    Wall Street still sees itself as its own best client. Can that ever be remedied?

    Imagine, if you can, a world in which the big banks subscribe to a code of conduct that includes a pledge that “we seek no more than a level of profit commensurate with the value we create for our customers”. Wading through the polysyllables and decoding the jargon, that would mean that big banks like […]

  • Car manufacturing hits reverse gear

    Car manufacturing hits reverse gear

    UK car manufacturing went into reverse in August as factories closed for the summer holidays. A total of 71,065 cars rolled off production lines last month, 22% less than the 91,282 cars built in August 2013, according to the Society of Motor Manufacturers and Traders (SMMT). The SMMT said August was typically a quiet month […]

  • Modern cargo ships slow to the speed of the sailing clippers

    Modern cargo ships slow to the speed of the sailing clippers

    The world’s largest cargo ships are travelling at lower speeds today than sailing clippers such as the Cutty Sark did more than 130 years ago. A combination of the recession and growing awareness in the shipping industry about climate change emissions encouraged many ship owners to adopt “slow steaming” to save fuel two years ago. […]

  • Europe’s plan for alternative pipeline faces big problems

    Europe’s plan for alternative pipeline faces big problems

    With its vast underground storage tanks and network of pipes, valves and tubes, Baumgarten in the flatlands east of Vienna is one of Europe’s biggest gas hubs. The first gas to cross the iron curtain was pumped through thousands of miles of pipelines from Siberia and into western Europe 40 years ago, arriving at Baumgarten […]

  • Britain flying high as top of Europe for private jets

    Britain flying high as top of Europe for private jets

    The increasing numbers of the UK-based super-rich are sending ownership levels of private jets soaring to all-time highs. More corporate jets have been delivered to Britain in the past five years than to any other European country, according to a report by the private aircraft group JetClub claims, with 64 touching down between 2009 and […]

  • Global ranking on corruption and justice aims to promote good governance

    Global ranking on corruption and justice aims to promote good governance

    The World Justice Project (WJP) says that its Rule of Law Index, which ranks 102 countries, is the most comprehensive of its kind and the only one to rely on primary data. The scores are based on responses from 1,000 people in each country, who were asked questions about corruption, basic freedoms, regulation and other […]