Tag: new business ideas

A £14bn class action lawsuit against Mastercard has been thrown out by the Competition Appeals Tribunal.The former financial ombudsman, Walter Merricks, had claimed that 46 million consumers had been overcharged by Mastercard over a 16-year period.But the court ruled

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Ah, the glamour of air travel.The early morning wake-up call, the nightmare journey to the airport on public transport laden with unwieldy suitcases. Your eventual arrival at an overcrowded and chaotic check-in, short-tempered and perspiring. If that rings an all too

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[unable to retrieve full-text content]Nairobi’s matatu taxis are inspiring its public bus network to embrace bold artwork. Source: BBC News

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Lloyds Banking Group has said it is close to offering compensation to 30 customers caught up in a criminal conspiracy involving former bankers at its HBOS subsidiary. The bank has already missed its own deadline of 30 June for paying redress to all victims. So far,

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German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions.Audi said the upgrade would “improve emissions behaviour in real driving conditions further beyond existing legal requirements”.The carmaker

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Farm subsidies will have to be earned rather than just handed out in future, the Environment Secretary Michael Gove is expected to say in a speech later.Farmers will get only get payouts if they agree to protect the environment and enhance rural life, he will say.The

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North Korea’s economy accelerated at its fastest pace in 17 years, despite sanctions over its nuclear and missile programs. Gross domestic product grew by 3.9% in 2016 compared with the previous year, according to the Bank of Korea. The growth stemmed largely

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Air traffic controllers are warning that UK skies are running out of room amid a record number of flights.Friday is likely to be the busiest day of the year, with air traffic controllers expecting to handle more than 8,800 flights – a record number.They have

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China has agreed to allow imports of rice from the US for the first time. The agreement gives US farmers access to the world’s biggest rice consumer, with China importing about 5 million tonnes last year.It follows trade talks between the two countries that

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[unable to retrieve full-text content]The government should agree a Brexit transitional deal as soon as possible, Goldman Sachs International boss Richard Gnodde tells the BBC’s Simon Jack. Source: BBC News

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