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Tag Archives: new business ideas

China shipper Cosco to buy HK rival OOIL for $6.3bn

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn).The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though the sale will still need regulatory approval.It would be the …

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Indian campaigners protest over sanitary pad and tampon tax

Campaigners in India are going to court against a tax on menstrual hygiene products. Sanitary pads and tampons are taxed at 12% even though many other feminine cosmetic products have been made tax-free.Few women use the products in India, and campaigners say the government should do more to improve …

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Ex-Sainsbury's boss warns Brexit will hit weekly shop

We are all being kept “completely in the dark” about the effect Brexit will have on our weekly shop, Sainsbury’s former boss Justin King has told BBC Panorama.He says it is going to mean “higher prices, less choice and poorer quality”.Watch Britain’s Food & Farming: Brexit Effect on Monday …

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One man's quest

Media playback is unsupported on your device Tech entrepreneur TJ Rodgers made billions of dollars founding silicon chip maker Cypress Semiconductors, now he has turned his sights to wine-making, and is on a quest to make the best Pinot Noir in the New World. A collapse in the roof …

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'Cheaper' Heathrow airport third runway plans proposed

A wealthy businessman has submitted plans for a third runway at Heathrow which he says would be £5bn cheaper than the airport’s current scheme.Hotel tycoon Surinder Arora has put his proposal to the government’s public consultation on Heathrow.Ministers have expressed a preference for the airport’s plans for a new …

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Strikes hitting Northern, Merseyrail and Southern routes

Train passengers across England are being hit by further action by striking union members.Northern staff have walked out for three days until Monday, while Merseyrail staff are on strike and also plan action on 10 and 23 July.Southern workers also plan to walk out on 10 July. The RMT …

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