Company news : page 5

Companies

Co-op to create 1,600 jobs as it expands high street operations

Retailer says it will open up to 100 new food stores in 2018.

Jan 2, 2018

By Gaurav Sharma

Marks & Spencer sells Hong Kong business to venture partner

The retailer said the sale of the business was down to a decision to focus on its core business in the UK.

Jan 2, 2018

By Staff Reporter

Mass recall of French-made baby milk over salmonella fears

French dairy giant Lactalis reveals the recalls have now affected 30 countries and millions of products.

Dec 21, 2017

By Associated Press

Rolling Stone magazine gets new owner after 50 years

Penske Media to buy 51% stake in music, culture and politics magazine in deal which sets its value at $110m.

Dec 21, 2017

By Dan Cancian

British jobs at risk as US rules to keep 300% duties on Bombardier jets in major win for Boeing

Boeing accused Bombardier of receiving illegal subsidies which allowed it to sell its aircraft below market value.

Dec 21, 2017

By Dan Cancian

uber-loses-london-license-and-people-are-freaking-out

New blow for Uber as top EU court says it's a taxi company

European Court of Justice rules Uber must be treated as a taxi company, rather than a technology firm.

Dec 20, 2017

By Associated Press

Uber

Tesco's £3.7bn takeover of Booker cleared by competition regulator

The CMA ruled after a seven-month investigation that the merger did not pose competition concerns in the retail or wholesale sectors.

Dec 20, 2017

By Karthick Arvinth

LON:TSCO

More than 4 in 10 UK shoppers still face card payment surcharges at small shops

Surcharging has cost small businesses £10bn in shopper walkouts with a ban expected in January.

Dec 20, 2017

By Gaurav Sharma

Audi recalls over 52,000 cars as fuel lines can leak

German carmaker say the recall will only affect the US and Canadian markets and will begin on 5 February.

Dec 19, 2017

By Associated Press

Thousands of UK jobs at risk as Toys R Us nears administration

Up to 3,200 jobs are at risk at troubled toy retailer Toys R Us after the Pension Protection Fund told it to plug a black hole in its pension scheme.

Dec 19, 2017

By Karthick Arvinth

Sassy American biscuit maker brilliantly trolls users who insult them on social media

Tennessee-based MoonPie has hit back at customers who insulted their products - with some hilarious results.

Dec 18, 2017

By Neil Murphy

Twitter

Ikea to recall about 1.7 million chests and dressers in China amid concerns it could be dangerous to children

EU opens probe into Ikea over Dutch tax rulings

European Competition Commissioner says all firms "big or small, multinational or not, should pay their fair share of tax".

Dec 18, 2017

By Associated Press

Ryanair pilots in Ireland call off pre-Christmas strike

Ryanair pilots in Italy and Portugal have also called off the strike after the airline agreed to recognise unions.

Dec 18, 2017

By Dan Cancian

Revealed: One in four professionals dread the office Christmas party

New study suggests not everyone is cock-a-hoop about the workplace jamboree.

Dec 18, 2017

By Staff Reporter

Christmas

Ryanair Christmas pilot strike averted as union recognition is on the table

Europe's largest airline faced the threat of a pilot strike that could have impacted its festive schedule.

Dec 15, 2017

By Dan Cancian

What stays, what goes: Disney and Murdoch Family after the mega deal

With the deal, Disney gets the Fox movie business, including Twentieth Century Fox, Fox Searchlight Pictures and Fox 2000.

Dec 15, 2017

By Associated Press

Walt Disney Rupert Murdoch Marvel

Delta orders 100 Airbus jets valued at over $12.7bn

The airline's selection of Airbus jets comes after Boeing challenged a smaller Delta order of planes from Canada's Bombardier.

Dec 14, 2017

By Associated Press

Disney buying large part of 21st Century Fox in $52.4bn deal

Entertainment giant buying huge chunks of the Murdoch family's most prized assets

Dec 14, 2017

By Associated Press

Disney Walt Disney Rupert Murdoch

Revealed: Ten biggest business blunders of all time

From passing up on lucrative deals and opportunities, to misjudging some questionable marketing decisions, even the most profitable businesses have suffered

Dec 14, 2017

By Staff Reporter

Google Microsoft Netflix Artificial Intelligence

Global companies snared in South Africa's corruption scandal

The fiasco has weakened the country's president and engulfed major brands such as McKinsey and KPMG.

Dec 13, 2017

By Associated Press

Jacob Zuma

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