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CBI urges crackdown on sexual harassment at work

Employers group the CBI has called on business leaders to help stamp out sexual harassment in the workplace.It comes after a number of revelations about alleged misconduct by politicians at Westminster and elsewhere.”Sexual harassment in all forms is totally unacceptable in today’s Britain,” said CBI director general Carolyn Fairbairn.”The …

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Saudi princes among dozens detained in 'corruption' purge

The heir to the throne in Saudi Arabia has consolidated his hold on power with a major purge of the kingdom’s political and business leadership.A new anti-corruption body, headed by Crown Prince Mohammed bin Salman, detained 11 princes, four sitting ministers and dozens of ex-ministers.Prince Alwaleed bin Talal, a …

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China online shopping: Dishonest websites face fines

China has created a new law to impose heavy fines on internet shopping websites which publish false advertisements about their products. Vendors who delete negative online reviews or post fake positive reviews face a minimum $30,000 (£23,000) fine. The new law aims to clean up China’s internet shopping websites …

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CBI: 'Time to stop Brexit soap opera'

Current Brexit negotiations resemble “a prime-time soap opera”, the president of the CBI will say on Monday.Paul Drechsler will tell the lobby group’s annual conference it is time for government and business to unite behind “a clear strategy”.This new approach is needed to protect the UK’s economy, he will …

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Saudi princes held in 'corruption crackdown'

Saudi Arabia has detained 11 princes as well as several current and former ministers, amid an anti-corruption crackdown by King Salman. Among those to be held was the prominent billionaire businessman Prince Alwaleed bin Talal. The nephew of the Saudi monarch is chairman of Kingdom Holding, one of the …

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Trump pitches for $2 trillion Saudi Aramco oil float

President Donald Trump has made a pitch to Saudi Arabia to float the world’s biggest oil company in the US.He tweeted: “Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United States!”The proposed share flotation will see 5% …

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Insurers 'burying price rises' in renewal letters

Some insurers are burying price rises in renewal notices, risking customers losing out financially.Rules introduced in April require companies to “clearly, accurately and prominently” display a renewal premium and what was paid the year before.A message to encourage customers to shop around is also stipulated, under rules set by …

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