Tag: new business ideas

The European Central Bank (ECB) will cut back its scheme designed to boost the economies of the eurozone.From January of next year, it will reduce the amount of assets it buys every month to €30bn from the current level of €60bn.The programme, which aimed to fend off

Read More

Twitter said it may turn a profit in the fourth quarter as the tech company narrowed its losses and added users.The firm, which has not posted a profit since going public four years ago, said its losses narrowed from $103m (£78m) to $21m in the third quarter.The

Read More

Shares in Barclays fell by 5% after its third-quarter profits figures came in below analysts’ expectations. Profits for the period were up by 31% to £1.1bn, giving the bank a profit for the nine months so far of £3.4bn.But its investment banking profits were

Read More

Kobe Steel is losing Japan’s quality seal for copper products, following its data falsification scandal.Kobe said the government-backed Japan Industrial certification was revoked owing to “improper quality management” at a factory outside of Tokyo.As

Read More

Housebuilder Barratt, broadcaster ITV and building materials supplier Ferguson all suffered falls on the FTSE 100 after going ex-dividend.Barratt fared the worst, sliding more than 5% in early trading.Overall, the benchmark 100-share index was down 1.3 points or 0.02%

Read More

BT will slash costs for customers who only have a landline, after a review by regulator Ofcom. From April 2018, the telecoms company will reduce the price of its monthly line rental by £7, a 37% decrease from the current cost of £18.99.The reduction will save up to a

Read More

Media playback is unsupported on your device Up to 300,000 people with long-term mental health problems have to leave their jobs each year, a report says.It also claims poor mental health costs the UK economy up to £99bn each year.Prime Minister Theresa May, who

Read More

Media playback is unsupported on your device Alan Joyce, boss of the Australian airline Qantas, has been named the world’s most influential LGBT business executive in an annual listing.He was chosen for his vocal campaigning in favour of same-sex marriage, an

Read More

There are lots of casualties in international conflicts but this one is nuts, you might say – although strictly speaking the pistachio is a seed. The international pistachio trade has faced unexpected headwinds due to the tensions between Iran and the US. The

Read More

UK car production fell during September as confidence was hit by Brexit uncertainty, according to a major car industry body.Plans to improve air quality also added to the decline in car output, the Society of Motor Manufacturers and Traders (SMMT) said.A 14% fall in

Read More