Tag Archives: new business ideas

Luxury shoemaker Jimmy Choo has been bought by Michael Kors Holdings in a deal which values the firm at about £896m.The British firm, which was put up for sale in April, had attracted attention from a number of suitors.As well as shoes, Jimmy Choo produces a range of luxury …

A sharp rise in personal loans could pose a danger to the UK economy, a Bank of England official has warned. Outstanding car loans, credit card balance transfers and personal loans have increased by 10% over the past year, the Bank’s financial stability director Alex Brazier said.In contrast household …

From the terrace of his winery near the baroque town of Caltagirone in south-eastern Sicily, Cesare Nicodemo surveys his fields of ripening vines – a glass of his finest spumante in hand.It’s a warm July evening and the surrounding hills glow golden in the setting sun amid the chirruping …

Media playback is unsupported on your device Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain?Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the Caucasus and was “breastfed by gypsies”.But she …

Eleesa Dadiani is the owner and founder of Dadiani Fine Art, an art gallery on London’s upmarket Cork Street. She thinks accepting cryptocurrencies like Bitcoin as payment will be an investment in the future of her business.Video journalist Greg Brosnan. Source: BBC News

Profits at Alphabet, the parent company of search giant Google, have been hit by the record fine imposed by the European Commission last month.The firm said it saw strong growth in the second quarter, with revenues of about $26bn (£19bn), up 21% compared to the same period in 2016. …

Democrats have unveiled a populist economic rebrand that seeks to tap into the frustration among working families which swept Donald Trump to power.Billed as A Better Deal, their plan calls for infrastructure investment, tougher regulation of drug firms and creating new rules on monopolies.The plan is the start of …

US regulators will take more time to review Amazon’s $13.7bn (£10.5bn) acquisition of Whole Foods after some groups have raised anti-trust concerns.Democrats have asked authorities to consider how the deal might affect consumer choice, particularly in places with fewer food shopping options.Whole Foods said in June it expected the …

The world’s first full-scale floating wind farm has started to take shape off the north-east coast of Scotland.The revolutionary technology will allow wind power to be harvested in waters too deep for the current conventional bottom-standing turbines used.The Peterhead wind farm, known as Hywind, is a trial which will …

The railway route between Liverpool and Newcastle may not be fully electrified despite a promise by the previous government.In 2015, the Department for Transport said electrification of the whole link – which goes through Manchester, Leeds and York – would be complete by 2022.Transport Secretary Chris Grayling has since …