Online marketplaces such as Amazon and eBay will have to pay their “fair share” of the costs of recycling electrical waste under new government proposals. Circular economy minister Mary Creagh…
Category: Business News
Japan: Bank boss takes pay cut after employee ‘tried to kill clients’
The boss of Japanese bank Nomura has taken a short-term pay cut after a former employee was charged with robbery of bank clients, attempted murder and arson. The worker allegedly…
UK: Average house price hits record high of £298,083
UK house prices rose at their fastest monthly rate of the year in November with further increases expected next year, the Halifax has said. The UK’s largest mortgage lender, part…
Uruguay: EU signs trade deals with South America’s biggest economies
The European Union has signed a trade deal with four of South America’s biggest economies. European Commission president Ursula von der Leyen called the agreement a “truly historic milestone” in…
USA: Jury awards $300m payout to family of teen who died on Orlando ride
A Florida jury has ordered an amusement ride manufacturer pay $310m (£243m) to the family of a teenage boy who fell to his death on their drop ride at an…
US: Federal judge rejects Boeing plea deal in fatal MAX 737 crashes
A United States federal judge has rejected a deal that would have let Boeing plead guilty to a felony conspiracy charge and pay a fine for misleading US regulators about…
USA: Trump tariff threat puts a strain on Canada-Mexico ties
Canada is being accused of throwing Mexico under the bus amid a tariff threat ahead of President-elect Donald Trump’s second term in the White House. Last week, Trump threatened he…
UK: No plan for more tax rises but we can’t rule it out – Starmer
BBC has reported that Sir Keir Starmer has no plans to have any more tax rises before the next general election – but said he could not rule them out…
USA: TikTok loses appeal against US ban law
TikTok’s bid to overturn a law which would see it banned or sold in the US from early 2025 has been rejected. The social media company had hoped a federal…
UK: Authorities Uncover multibillion dollar money laundering scheme
A multi-billion-dollar money laundering operation that formed when UK gangs were struggling to offload cash during lockdown has been uncovered by the National Crime Agency. Discovering the Russian-speaking network embedded…