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Tag Archives: new business ideas

Google criticised over Ed Sheeran ticket adverts

Ed Sheeran’s promoter has said Google must do more to stop secondary ticket sales for the singer’s gigs. Stuart Galbraith called for the change after Google adverts pointed fans towards secondary site Viagogo, where tickets for Ed Sheeran’s tour were being sold at inflated prices. “Google needs to bow …

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Siemens in dispute with Russia over diverted turbines

The German industrial giant Siemens says at least two gas turbines it has supplied to a Russian company have been illegally diverted to Crimea.The firm said the turbines had been moved “against its will” and in breach of EU sanctions imposed after Russia’s 2014 annexation of Crimea from Ukraine.The …

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Abercrombie stock falls as sale talks end

Investors dumped shares of Abercrombie & Fitch on Monday after the Ohio clothes retailer said it had broken off talks with potential buyers.The firm, which once drew teen shoppers with ads featuring scantily-clad models, has struggled more recently with falling sales.But shares rose in May after the firm, which …

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Drug industry to challenge Nice over new cost limits

The drug industry is going to court to challenge the authority of the National Institute for Health and Care Excellence (Nice).The public body authorises spending by the NHS on expensive new treatments.In March it announced a new policy to hold back spending on new drugs that might cost more …

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UK arms sales to Saudi Arabia ruled lawful

UK government arms sales to Saudi Arabia are lawful, the High Court has ruled, after seeing secret evidence.The court rejected campaigners’ claims ministers were acting illegally by not suspending weapon sales to the kingdom, which is fighting a war in Yemen.The UN claims strikes on Houthi rebels caused thousands …

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Carillion shares dive on sales warning

Shares in the infrastructure and construction firm Carillion are down 38% in early trading in the wake of a sales warning. The company has warned that its annual results would be “below management’s previous expectations”.The company said it would undertake a “comprehensive review” of the business.It also said its …

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Philip Morris: Tobacco giant ordered to compensate Australia

Tobacco giant Philip Morris has been ordered to pay the Australian government millions of dollars after unsuccessfully suing the nation over its world-first plain-packaging laws. In 2012, Australia legislated that cigarettes must be sold in unappealing packets with graphic health warnings.Philip Morris had tried to force the laws to …

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