Barclays has said the “technical issue” impacting payments and transactions for customers has been resolved following three days of disruption. The bank said delayed payments had been processed and it…
Category: Business News
Canada: PM Justin Trudeau promises a ‘fight’ is Trump imposes tariffs
Canada will react forcefully and immediately if Donald Trump imposes tariffs, Prime Minister Justin Trudeau said on Friday. The US president has said he could levy a 25% tariff on…
USA: Apple iPhone sales dip despite AI rollout
Sales of Apple iPhones dropped at the end of last year, as the tech firm’s roll out of new artificial intelligence (AI) features was met with a lukewarm response. Chief…
UK: Wine and spirits duty to rise but tax on a pint to fall
The price of wine and spirits is set to rise from Saturday after an increase in tax and duties comes into effect. Taxes will rise in line with inflation, and…
USA: Canada and Mexico face 25% tariffs on Saturday- Trump
US President Donald Trump has said he will follow through with his threat to hit imports from Canada and Mexico with 25% border taxes, known as tariffs, on 1 February.…
UK: MPs, mayor and residents object to Heathrow plans
Residents and MPs have criticised a government announcement that it would be backing plans for a third runway at Heathrow Airport. Chancellor Rachel Reeves said on Wednesday that expanding Heathrow was…
UK: Rachel Reeves Reeves backs third Heathrow runway in growth push
Rachel Reeves has backed a third runway at London’s Heathrow Airport as part of a fresh plan to get the UK’s sluggish economy growing. In a speech to business leaders,…
UK: Coca-Cola recalls drinks due to chemical levels
A range of Coca-Cola products have been recalled in the UK after the firm’s bottling partner said it had identified “elevated levels” of a chemical called chlorate. Cans of Coca-Cola…
USA: Boeing loses almost $1bn every month in 2024
Boeing lost nearly a billion dollars a month in 2024, as it grappled with a safety crisis, quality control issues and a damaging strike. The aerospace giant lost $11.8bn across…
USA: Microsoft in talks to buy TikTok, Trump says
US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a “bidding war” over the sale of the social media…