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Showing posts with the label Business

How saleswomen in India finally won the ‘right to sit’

​ Image copyrightGETTY IMAGESImage captionSaleswomen in jewellery and clothes stores said they were not allowed to sit through the day A women’s union in India’s southern state of Kerala has won the state’s workers “the right to sit”. BBC Hindi’s Imran Qureshi reports on the story behind the struggle. For years, Maya Devi worked in… Continue reading How saleswomen in India finally won the ‘right to sit’

Trade tensions pose a risk to global growth – G20 ministers

​ Image copyrightGETTY IMAGESImage captionThe Trump administration says protecting US steel and aluminium producers is a matter of national security The G20 group of finance ministers have said trade tensions could undermine the global economy. They called for greater dialogue to reduce the risk after a tense, two-day meeting in Argentina. The summit comes as… Continue reading Trade tensions pose a risk to global growth – G20 ministers

The 13-year-old black girl who built a best-selling lemonade brand in the United States

Image copyrightME & THE BEESImage captionMikaila Ulmer first set up the business when she was just four years old The BBC’s weekly The Boss series profiles a different business leader from around the world. This week we spoke to Mikaila Ulmer, the 13-year-old chief executive of Me & The Bees Lemonade. Mikaila Ulmer’s lemonade is… Continue reading The 13-year-old black girl who built a best-selling lemonade brand in the United States

Smart meters to cut energy bills by just £11, say MPs

People who have smart meters installed are expected to save an average of £11 annually on their energy bills, much less than originally hoped. A report from a parliamentary group now predicts a dual fuel saving of £26. In a critical report, the 92 MPs and peers also said the government was likely to miss its … Continue reading Smart meters to cut energy bills by just £11, say MPs

Is Kylie Jenner really a self-made millionaire?

​Social media backlash to a Forbes magazine cover has people questioning how ‘self-made’ Jenner really is. But what does the phrase even mean, and why is this narrative so appealing? Share on Facebook Share on Twitter Share on WhatsApp Share on LinkedIn Share on Google+ Share by Email Twenty-year-old Kylie Jenner, the youngest sibling in … Continue reading Is Kylie Jenner really a self-made millionaire?

EU signs its biggest free trade deal with Japan

​ Image copyrightGETTY IMAGESImage captionDairy products are one of Europe’s biggest exports to Japan The European Union and Japan have signed one of the world’s biggest free trade deals, covering nearly a third of the world’s GDP and 600 million people. One of the biggest EU exports to Japan is dairy goods, while cars are … Continue reading EU signs its biggest free trade deal with Japan

Rolls Royce develops propulsion system for flying taxi

​ Image copyrightROLLS-ROYCEImage captionThe EVTOL could carry four to five passengers for 500 miles, Rolls-Royce says Engine maker Rolls-Royce has designed a propulsion system for a flying taxi which it says could take to the skies as soon as early next decade. The British firm said it had drawn up plans for an “electric vertical … Continue reading Rolls Royce develops propulsion system for flying taxi

US airspace giants, Boeing ‘concerns’ over US-China trade row

​ Image copyrightGETTY IMAGES The head of US aerospace and defence giant Boeing has warned about potential damage of the growing US-China trade row. “Aerospace thrives on free and open trade,” said chief executive Dennis Muilenburg. He said he was concerned tariffs could push up costs for aircraft manufacturers. “The aerospace sector drives economic benefits … Continue reading US airspace giants, Boeing ‘concerns’ over US-China trade row

Donald Trump: European Union is a foe on trade

​ https://emp.bbc.com/emp/SMPj/2.20.2/iframe.html Media captionPresident Trump describes EU as a foe in an interview with CBS. US President Donald Trump has described the European Union as a foe on trade. He told CBS News that European countries were taking advantage of the US and not paying their Nato bills. EU Council President Donald Tusk said anyone … Continue reading Donald Trump: European Union is a foe on trade

Execution machine, the ‘Guillotine’, sold to French millionaire collector

​ Image copyrightAFP/GETTYImage captionThis real guillotine was put to auction in 2014 but failed to sell A guillotine has fetched €8,008 (£7080) at a controversial auction in Paris. The 150-year-old replica of a device used for executions was bought on Wednesday by a French millionaire and collector of bizarre objects. France’s auction watchdog was opposed … Continue reading Execution machine, the ‘Guillotine’, sold to French millionaire collector

Fox cleared for Sky takeover bid

Image copyrightGETTY IMAGES The UK government has cleared a proposed deal for Rupert Murdoch’s 21st Century Fox to buy Sky. The British broadcaster has been the subject of a fierce bidding war between Fox and US cable giant Comcast. Comcast’s bid has already been cleared, and Culture Secretary Jeremy Wright said Fox can go ahead … Continue reading Fox cleared for Sky takeover bid

Brexit services plan will speed up relocation of many firms, says Lloyd’s boss

https://emp.bbc.com/emp/SMPj/2.20.2/iframe.html Media captionLloyd’s of London chief executive Inga Beale criticises Brexit White Paper The Lloyd’s of London chief says the government’s plan for relations with the EU after Brexit will speed up the departure of firms from the UK. Inga Beale told the BBC the White Paper would see the 300-year old insurance market go “full speed … Continue reading Brexit services plan will speed up relocation of many firms, says Lloyd’s boss

The country where 13 year old earn N20 Million every year

​Young Norwegians have enjoyed a 13% rise in disposable household income, bucking a downward trend in other strong economies. Will this golden age last? Share on Facebook Share on Twitter Share on WhatsApp Share on LinkedIn Share on Google+ Share by Email Young people across the western world are on track to become the first generation … Continue reading The country where 13 year old earn N20 Million every year

Donald Trump: US-UK trade deal ‘absolutely possible’

https://emp.bbc.com/emp/SMPj/2.20.2/iframe.html Media captionTheresa May and Donald Trump were both positive about UK-US trade after Brexit A US-UK trade deal “will absolutely be possible”, Donald Trump has said, after he told The Sun Theresa May’s Brexit plan could kill an agreement. Speaking after talks at Chequers, Mr Trump said the US-UK relationship is “the highest level … Continue reading Donald Trump: US-UK trade deal ‘absolutely possible’

Trump Nato spending claims in dispute

​ Image copyrightREUTERSImage captionDonald Trump (far right) says Nato members would “substantially” up their budgets Nato allies have cast doubt on US President Donald Trump’s claim they had pledged to “substantially” raise their defence budgets, saying they simply remained committed to a 2014 deal. Nato chief Jens Stoltenberg told US broadcaster CNN the allies had … Continue reading Trump Nato spending claims in dispute

Where a six-figure salary in dollars is ‘low income’

Image copyrightGETTY IMAGES A family getting by on $117,400 (£87,970) in one US city can now be considered ‘low income’, according to government figures. How can that be the case? That workers with six-figure salaries could be considered “poor” is something that might surprise many people. But taking into account income and housing costs that … Continue reading Where a six-figure salary in dollars is ‘low income’

Ex-Barclays trader found guilty of euro rate-rigging

​ Image copyrightREUTERSImage captionPhilippe Moryoussef is no longer in the UK A former Barclays trader has been found guilty of rigging a key euro benchmark borrowing rate known as Euribor. Philippe Moryoussef was convicted of conspiracy to defraud by manipulating the rate between 2005 and 2009. The jury at Southwark Crown Court acquitted another defendant, … Continue reading Ex-Barclays trader found guilty of euro rate-rigging

American giants, Boeing strikes aircraft deal with Brazil’s Embraer

​ Share Image copyrightEMBRAER Boeing has agreed a deal that will give it control of Embraer’s commercial jet business. The proposed joint venture will give the US aerospace giant a significant stake in the market for smaller passenger planes. Boeing has been courting Brazil’s Embraer for some time. The need for a deal has recently … Continue reading American giants, Boeing strikes aircraft deal with Brazil’s Embraer

Hackers steal $32 Million dollars from crypto bank

​ Share  Share Image copyrightEPAImage captionLocal reports describe Bithumb as South Korea’s biggest crypto-currency exchange A leading crypto-coin exchange has halted trade after declaring that hackers had stolen some of the digital currencies it stored. Seoul-based Bithumb said that 35bn won (£24m; $31.6m) worth of cyber-cash had been “seized” overnight, adding that it would fully … Continue reading Hackers steal $32 Million dollars from crypto bank

Burna Boy Signs Deal With Universal Music Company

​ Universal Music Publishing Group has announced that singer, Burna Boy, has inked a deal with them. The music company shared the news on Instagram. In the early hours of the day (June 19th, 2018), the publishing unit of the International music company made a post on Instagram, announcing the deal with Burna Boy. The post … Continue reading Burna Boy Signs Deal With Universal Music Company