Business

Grab boss: ‘zero issues’ with Uber deal in South East Asia

[ad_1] Image copyright Grab Image caption Grab is South East Asia's most popular ride-sharing firm The chief executive of ride-sharing firm Grab says he is confident regulators will not derail his plan to buy Uber's South East Asian operations.Anthony Tan told the BBC he saw "zero issues" on how the deal was done. South East Asia's most popular ride-hailing firm said last week it would buy its rival's regional operations
Business

UK passports: Firm appeals move to make them in France

[ad_1] Media playback is unsupported on your device Media captionDe La Rue boss Martin SutherlandThe existing manufacturer of British passports is appealing against the decision to use a Franco-Dutch supplier after Brexit.De La Rue lost the £490m contract to Gemalto, which is based in France, in March.The British company admitted its bid was not the cheapest but said it was "the highest quality and technically most secure".The Home Office said
Business

French SNCF rail strike to defy Macron labour reforms

[ad_1] Image copyright Reuters Image caption TGV high-speed services will be among those hit Train drivers and other workers at the French state railway SNCF have begun a major strike that is expected to paralyse rail travel across France.Staff began three months of rolling stoppages on Monday evening as trade unions push back against President Emmanuel Macron's labour reforms. It is expected to be the biggest wave of industrial unrest
Business

Amazon and Intel drive US markets lower

[ad_1] Image copyright Getty Images Wall Street shares plunged to their lowest level in weeks on Monday in a wide sell-off led by technology firms.Intel was among the biggest losers, after a report that Apple plans to stop using Intel chips for its computers.E-commerce giant Amazon also slid by more than 5%, after new attacks from US President Donald Trump. The falls extended recent declines triggered by increased debate in
Business

Calor gas shortages leave customers without heating

[ad_1] Image copyright Getty Images Image caption Calor has apologised to customers for an ongoing delivery backlog Customers have vented their anger after a shortage of Calor gas left some without hot water and unable to heat their homes over the Easter weekend.About 3,300 Calor customers who use liquefied petroleum gas (LPG) have been affected by the delays which began when Storm Emma hit in late February.Some said they had
Business

Shoppers stay indoors over wet weekend

[ad_1] Image copyright Getty Images Fewer people went shopping this Easter weekend as bad weather lowered turnout.Total shop visits were down by 2.4% between Friday and Easter Sunday compared with last year, according to research group Springboard.This was largely due to a sharp fall in High Street visits - although footfall at shopping centres and retail parks was up. It comes amid a shopping slowdown which has seen a host
Business

Tesla rebuked by death crash investigators

[ad_1] Image copyright Reuters Image caption Tesla had acknowledged that its Autopilot function was active at the time of a crash last month Electric car-maker Tesla has been admonished by the US watchdog investigating a recent fatal crash involving one of its cars.The National Transportation Safety Board said it was "unhappy" the firm had made public details of the probe.The company had blogged on Friday that the Model X car
Business

China hits back with tariffs on US imports worth $3bn

[ad_1] Image copyright Getty Images Image caption US wine is among the produce affected by China's retaliatory tariffs China has imposed tariffs of up to 25% on 128 US imports, including pork and wine, after US President Donald Trump raised duties on foreign steel and aluminium imports in March.The tariffs affecting some $3bn (£2.1bn) of imports kick in on Monday.Beijing said the move was to "safeguard China's interests and balance"
Business

Aggressive bailiff behaviour remains ‘lingering concern’ – MoJ review

[ad_1] Image copyright Getty Images Concerns persist over bailiffs using aggressive behaviour to pursue debts despite a legal crackdown, a Ministry of Justice (MoJ) report has found.New laws were introduced in England and Wales in 2014 aimed at protecting people with debts from unfair tactics.But the MoJ review reveals "lingering concerns" about the behaviour of a minority of bailiffs.Justice minister Lucy Frazer said aggression would "not be tolerated" and called