Category: Business News

Coca-Cola is to test a paper bottle as part of a longer-term bid to eliminate plastic from its packaging entirely. The prototype is made by a Danish company from an…

Amazon has sued New York’s top prosecutor over her probe of the firm’s response to Covid-19 safety concerns, including its firing of workers who spoke out with concerns. The company…

UK economy suffered record annual slump in 2020. The UK economy shrank by a record 9.9% last year as coronavirus restrictions hit output, official figures show. The contraction in 2020…

China has banned BBC World News from broadcasting in the country, its television and radio regulator announced on Thursday. China has criticised the BBC for its reporting on coronavirus and…

Luxury goods group LVMH and singer Rihanna have agreed to shut down her Fenty fashion label after less than two years in production. However, the Savage X Fenty lingerie line…

A project to build a giant island providing enough energy for three million households has been given the green light by Denmark’s politicians. The world’s first energy island will be…

Heineken has announced plans to cut nearly 10% of its workforce after a sharp drop in sales due to the coronavirus pandemic. It said 8,000 jobs would go, some of…

Twitter has posted record revenues for the last quarter of 2020, capping off what its chief executive said was “an extraordinary year” for the platform. The social messaging platform said…

Bitcoin has hit record highs for a second day after Elon Musk’s car company Tesla said it had bought about $1.5bn (£1.1bn) of the cryptocurrency. Bitcoin rose above $48,000 (£34,820)…

Tesla has reported it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The news caused the price of…