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Credit and debit card surcharges to be banned

ByNathan BissittJuly 18, 2017

Consumers are no longer to be charged extra for paying by debit or credit card, the government has said.From January next year, businesses will not be allowed to add any surcharges for card payments.The worst offenders currently are airlines and food delivery apps,

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Gender gap expected in BBC top earners list

ByNathan BissittJuly 18, 2017

Two thirds of the on-screen talent at the BBC earning more than £150,000 per year are men, BBC figures are expected to reveal. The salaries, to be published for the first time today, will show a gender pay gap among some of the corporation’s top earners. The BBC

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'Rip-off' card surcharges to be banned

ByNathan BissittJuly 18, 2017

Extra charges for customers who pay for goods or services with credit or debit cards are to be outlawed from next year. It will bring an end to levies of up to 20% on consumers paying for products such as flights or takeaways just because they use a card. The new

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US sees spike in Canadian homebuyers

ByNathan BissittJuly 18, 2017

Canadians reeling from high prices at home helped fuel an increase foreign home purchases in the US, according to a survey of US property agents.Canadians spent $19bn, more than double the previous year, much of it in the sunny southern state of Florida, the National

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Harley-Davidson forecasts more falling sales

ByNathan BissittJuly 18, 2017

Shares in Harley-Davidson are down about 8% in New York after the motorcycle maker slashed its sales forecast for this year.The Milwaukee-based firm now expects to sell between 241,000 and 246,000 bikes this year, down from 262,221 last year.Demand has been dropping

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Why investors are piling into eastern Europe

ByNathan BissittJuly 18, 2017

You might not be going to eastern Europe for your holidays this summer – but so far as a lot of investors are concerned, the region is currently hot, hot, hot. The Hungarian stock market, which has risen by one-third during the past year, hit a new all-time high

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Goldman Sachs hit by bond trading slide

ByNathan BissittJuly 18, 2017

Bond trading revenues at Goldman Sachs slid 40% in the second quarter, echoing similar declines at other US banks.Revenue from trading fixed income, commodities and currencies was $1.16bn as the US increased interest rates and cut back on bond buying.Total net

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Software emissions fix for three million Mercedes diesels

ByNathan BissittJuly 18, 2017

Three million Mercedes-Benz owners in Europe will be offered a software fix for their diesel cars.Daimler, which owns the luxury car maker, has been under intense pressure from police and prosecutors.Authorities are investigating the possible manipulation of diesel

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Venezuela denounces 'imperialist' US sanctions threat

ByNathan BissittJuly 18, 2017

The Venezuelan government says it will hold elections for a controversial constituent assembly despite the threat of US sanctions.The assembly would have the power to rewrite the constitution and to bypass the opposition-controlled legislature. On Monday, US President

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Google Glass smart eyewear returns

ByNathan BissittJuly 18, 2017

Google is to sell a revamped version of its smart glasses to businesses, more than two years after the original version of the product was cancelled.The company said Glass Enterprise Edition had improved battery life and felt more comfortable during long-term wear