Posts filtered by tags: Business[x]


China poised to power huge growth in global offshore wind energy

Report finds the offshore industry could create 900,000 jobs globally over next decadeThe world’s offshore windfarm capacity could grow eightfold by the end of the decade powered by a clean energy surge led by China, according to the Global Wind Energy Council (GWEC).A new industry report has revealed stronger than expected growth for the offshore wind industry, which could reach 234GW by 2030, from a global tally of just over 29GW at the end of last year. Continue reading...
Tags: Energy, Business, China, Environment, Renewable Energy, Green Economy, UK News, World news, Energy industry, Wind Power, Global Wind Energy Council GWEC

Clorox won't have enough disinfecting wipes on shelves until 2021, says CEO

COVID-19 sure has created some weird shortages. Clorox disinfectant wipes are one such product. American grocery shelves won’t be fully restocked with Clorox’s disinfecting wipes until next year, CEO Benno Dorer told Reuters, “as the world’s biggest cleaning products maker struggles with overwhelming pandemic-led demand for its top product.” Excerpt: Since the start of global lockdowns, makers of hygiene goods have seen a sustained boom in sales. While California-based Clorox typically holds...
Tags: Post, Business, News, California, US news, United Airlines, Kroger, Reuters, Burt, Clorox, Walmart Amazon, Benno Dorer, Coronavirus, COVID-19, Dorer

UK business demands rethink on furlough scheme wind down

Leading lobby group warns Rishi Sunak’s summer statement plans risk mass unemploymentBusiness leaders have warned Rishi Sunak that his multibillion-pound summer statement plan to save jobs is failing to prevent an unemployment crisis from taking hold.The British Chambers of Commerce (BCC) is demanding an urgent rethink from the chancellor, as the government starts scaling back its Covid-19 economic response, and warned that fewer than half of firms were planning to take up jobs support measures ...
Tags: Business, Politics, UK, Recession, Economics, UK News, Economic policy, Economic recovery, Uk Unemployment And Employment Statistics, Job losses, Chambers of Commerce BCC, Economic growth (GDP, Rishi Sunak, Coronavirus outbreak, Sunak, Summer statement 2020

Apple considering TikTok purchase, report Axios and others

Apple is reportedly looking to purchase TikTok, though the company denies it. From Axios' Dan Primack: As we report in Axios Pro Rata today, Apple has expressed serious interest in buying TikTok. — Dan Primack (@danprimack) August 4, 2020 Cupertino says nope, Primack adds: State of play: Apple spokesperson tells Axios that there are no discussions about buying TikTok and the company isn't interested. Other outlets have been reporting the same rumor. Report: Appl...
Tags: Apple, Post, Business, Technology, News, Microsoft, Tech News, Cupertino, Trump, Dan Primack, Primack, Axios, Axios Pro Rata, Tiktok, Tik Tok China

Victorian builders could lose $450m daily under Melbourne stage 4 Covid-19 lockdown

Work levels from big construction sites to trade businesses set to be pummelled amid predictions new curbs will ‘knock wind out of’ stateVictorian builders say they will take a hit to revenue totalling up to $456m a day from sweeping new restrictions on construction in the state, forcing some companies to close their doors entirely.Under tough restrictions announced on Monday that are designed to slow the spread of the state’s coronavirus outbreak, the number of workers on large building sites s...
Tags: Health, Business, Australia news, Victoria, Melbourne, Australian economy, Coronavirus outbreak, COVID

EasyJet expands flight schedule as holiday demand grows

Popular destinations include Nice and Faro despite coronavirus travel concernsEasyJet has expanded its summer schedule after better than expected demand and says it expects to operate about 1,000 flights a day in August. The budget carrier said popular destinations included Faro and Nice, along with city breaks such as Amsterdam and Paris. EasyJet will have 210 planes flying this month and expects to operate 40% of its capacity between July and September, higher than the 30% predicted at its fir...
Tags: Europe, Business, UK News, Amsterdam, Airline Industry, Nice, Easyjet, FARO, Paris EasyJet

China will not accept 'theft' of TikTok by Trump and the U.S, reports state-run China Daily

China isn't prepared to accept the “theft” of Chinese technology company TikTok, and has the capability to respond to Trump's move to push ByteDance to sell short-video app TikTok’s U.S. operations to Microsoft, state-controlled China Daily newspaper said on Tuesday. From Reuters: The United States’ “bullying” of Chinese tech companies was a consequence of Washington’s zero-sum vision of “American first” and left China no choice but “submission or mortal combat in the tech realm”, the state-...
Tags: Post, Business, Technology, News, Microsoft, Washington, China, United States, Donald Trump, China Daily, Trump, Reuters, State, Microsoft Corp, Reuters Microsoft, Mike Pompeo

FTC probing Twitter's use of sensitive data for ad targeting

The U.S. Federal Trade Commission is investigating Twitter over claims the social media company violated a federal law that bans the use of personal data provided for security purposes to target ads, Twitter disclosed on Monday. In a regulatory filing made public today, Twitter disclosed it received a draft FTC complaint that claims violations between 2013 and 2019. From Reuters: Twitter said it estimates probable loss of between $150 million and $250 million in settlement charges, and has a...
Tags: Twitter, Post, Business, Technology, News, Government, US, Tech News, Ftc, Reuters, U S Federal Trade Commission, Reuters Twitter, Bloomberg Markets

Victoria-NSW border communities brace for 'enormous heartache' as lockdown measures loom

Last month’s border closure set to be compounded by further disruption to life and business as regional Victoria returns to stage three restrictionsFollow the Australia liveblogMelbourne’s stage 4 restrictions; Victoria stage 3 restrictionsAustralian stats interactive; Vic cases map; NSW cases mapSign up for Guardian Australia’s coronavirus emailCommunities straddling Victoria and New South Wales are bracing for “enormous heartache” and even more disruption to business, with the looming lockdown...
Tags: Health, Business, Australia, Australia news, Infectious Diseases, Australian politics, New South Wales, Victoria, Australian economy, NSW, Guardian Australia, Vic, Rural Australia, Coronavirus outbreak, Indi Helen Haines

TikTok ponders HQ in London after Donald Trump's hostility

Video app’s owner ByteDance already has 800 of its European workforce in UK and IrelandThe Chinese firm behind the TikTok video app is weighing up plans to open a headquarters in London, with Boris Johnson reportedly prepared to risk Donald Trump’s anger by rolling out the red carpet for the company.The US president has been openly hostile to TikTok, amid widespread concern in the country about Chinese companies’ ties to the Communist party and the risk posed to customers’ personal information. ...
Tags: Apps, Business, UK, Technology, London, Media, China, US, Social Media, UK News, Digital Media, Boris Johnson, Donald Trump, Communist Party, Tiktok

Boris Johnson's plea to get back to work falls on deaf ears in Birmingham

Most offices were deserted in business district at rush hour despite PM’s call to return following coronavirus lockdown Coronavirus – latest updatesSee all our coronavirus coverageBoris Johnson’s plea that people “should be going back to work” in offices across England from Monday appeared to have fallen largely on deaf ears in central Birmingham.In Birmingham’s Colmore business district most office blocks, which normally employ some 35,000 people, were still mostly deserted and at what was once...
Tags: Business, England, Money, UK News, Work & careers, Economic recovery, Boris Johnson, Birmingham, Johnson, Coronavirus outbreak

UK, eurozone factories bounce back; US-China tensions rise over TikTok – as it happened

UK factory output at three-year high, Eurozone output highest since April 2018 – PMI surveysGold hits new record high of $1,984.66 an ounceHSBC steps up 35,000 job cuts amid Covid-19 profit plunge TikTok reportedly relocating to London as Microsoft confirms acquisition plans 3.05pm BST Stock markets around the world are pushing higher, with the UK’s FTSE 100 index up 1.86%, Germany’s Dax 2.4% ahead and France’s CAC rising 1.78%. On Wall Street, the Dow Jones rose 0.46%, the S&P 500 advanced ...
Tags: Business, UK, London, Microsoft, France, China, Germany, US, America, UK News, World news, Commodities, US news, Stock Markets, Asia Pacific, Currencies

UK, eurozone factories bounce back; US-China tensions rise over TikTok – business live

UK factory output at three-year high, Eurozone output highest since April 2018 – PMI surveysGold hits new record highTikTok reportedly relocating to London as Microsoft confirms acquisition plansHSBC steps up 35,000 job cuts amid Covid-19 profit plunge 10.14am BST The highlight in the UK this week is the Bank of England’s monthly policy decision and the latest quarterly growth and inflation forecasts on Thursday. We are not expecting any changes to the interest rate or the asset-buying prog...
Tags: Business, UK, England, London, Microsoft, China, Bank Of England, UK News, World news, Commodities, US news, Stock Markets, Asia Pacific, Currencies, Boe, Bank

Eurozone manufacturing bounces back; US-China tensions rise over TikTok – business live

Eurozone factory output highest since April 2018 – PMI surveyGold hits new record highTikTok reportedly relocating to London as Microsoft confirms acquisition plansHSBC steps up 35,000 job cuts amid Covid-19 profit plunge 9.27am BST Chris Williamson, chief business economist at IHS Markit, which compiled the closely-watched survey, said:Eurozone factories reported a very positive start to the third quarter, with production growing at the fastest rate for over two years, fuelled by an encour...
Tags: Business, London, Microsoft, France, China, Germany, Spain, UK News, World news, Commodities, US news, Stock Markets, Austria, Asia Pacific, Currencies, Italy

US-China tensions rise over TikTok; markets eye manufacturing reports – business live

TikTok reportedly relocating to London as Microsoft confirms acquisition plans; HSBC profits hammered by Covid-19 and China-US tensions; gold hits new record high 8.23am BST IHS Markit, which compiles the survey, said:Spain’s manufacturing sector returned to growth during July as businesses continued to reopen following lockdown and firms benefited from an associated upswing in demand. Orders, purchasing and production were all reported to be up, with demand higher in both domestic and inter...
Tags: Business, London, Microsoft, China, Spain, UK News, World news, Commodities, US news, Stock Markets, Asia Pacific, Currencies, Hsbc, US China, China US, Tiktok

Ban SUV adverts to meet UK climate goals, report urges

High-polluting cars are threat to public health, says New Weather Institute thinktankAdvertising of sports utility vehicles, which emit more greenhouse gases than other cars, should be banned so the UK can meet its climate goals, a report has said.The large increase in numbers of SUVs in the UK and around the world is the second-largest contributor to the increase in global emissions since 2010, according to the International Energy Agency. Continue reading...
Tags: Business, UK, Media, Climate Change, Environment, Advertising, UK News, Pollution, Automotive Industry, Motoring, Manufacturing sector, International Energy Agency Continue

Vegan food company provokes with M*** F*** advertising campaign

Leeds-based Meatless Farm says it seeks to build on growth in plant-based eating during coronavirus lockdown A vegan food company is sparing no blushes with what it calls a “light-hearted” advertising campaign to encourage more Britons to avoid eating meat.Meatless Farm says it is targeting people who have cut down on bangers and burgers during lockdown with its provocative slogan M*** F***, launched on Monday with a national campaign. Continue reading...
Tags: Meat, Food, Business, Advertising, UK News, Veganism, Vegan food and drink, Vegetarianism, Leeds, Meat Industry, Meatless Farm

$340m in London law firm's account suspected of 1MDB connection

Money in Clyde & Co’s bank account linked to money allegedly embezzled from Malaysian fundInvestigators probing one of the world’s largest financial frauds have said they suspect $340m (£255m) held in the bank account of a major London law firm is linked to money allegedly embezzled from the Malaysian state investment fund 1MDB.According to court papers, Malaysia’s anti-corruption agency is urgently trying to prevent City firm Clyde & Co from releasing the large sum of money, which they suspect ...
Tags: Business, London, UK News, World news, Asia Pacific, Malaysia, 1MDB, Clyde Co

London risks losing its aura as a 'fun' place to work, economist fears

Capital could lose £178m in 2021 as companies decline to send all workers back to officesMajor cities such as London face more economic pain as some companies resist the government’s efforts to encourage workers back to their desks this week, economists have warned.Pablo Shah, a senior economist at the Centre for Economics and Business Research (CEBR), fears that the capital could have lost its aura as a “fun” place to work, particularly in the digital and creative industries. Continue reading.....
Tags: Business, London, UK News, Economic recovery, Hospitality, Centre for Economics and Business Research Cebr, Coronavirus outbreak, Event Management And Tourism, Pablo Shah

'No one expected this': York at crossroads as coronavirus takes toll

Pandemic prompts difficult questions as fears grow over future of city where one in four jobs rely on tourismCoronavirus – latest updatesSee all our coronavirus coverageFor a city that has been at the heart of major national events for 17 centuries, beloved both by medieval kings and warring Romans, York has seen its fortunes rise and fall over the years.But new questions about the future of the former Viking capital of England are being asked as the coronavirus pandemic threatens to devastate i...
Tags: Business, England, Travel & leisure, UK News, York, North Of England, Coronavirus outbreak, Romans York

Britain might look to Germany to heal the north-south divide | Torsten Bell

What happened after the fall of the Berlin Wall involved money, and lots of itBefore the government was forced into locking down British regions, it wanted to level them up, closing productivity gaps between north and south. That’s a valuable objective, reinforced by new research on UK regional inequality from academics appropriately spread across Sheffield, Birmingham and London. The paper reminds us that the UK has some of the biggest productivity gaps between regions in the developed world, w...
Tags: Productivity, Europe, Business, UK, London, Germany, Berlin Wall, Society, UK News, World news, Britain, North-south Divide, South East, Torsten Bell, Sheffield Birmingham

Extend UK furlough subsidies to avoid mass job losses, Labour urges

Resolution Foundation claims half of those furloughed in April have not returned to workFrustrated firms fume at England’s lockdown U-turnHow Covid-19 has reshaped the UK jobs landscapeLabour and a leading welfare thinktank have called on the government to extend furlough subsidies for the hardest-hit industries as employers are forced to make financial contributions towards temporarily laid-off workers from this weekend.The Resolution Foundation said around half of the 9.2 million people placed...
Tags: Business, Politics, UK, England, Recession, Economics, UK News, Labour, Economic policy, Economic recovery, Job losses, Boris Johnson, Resolution Foundation, Economic growth (GDP, Rishi Sunak, Coronavirus outbreak

WATCH: Astronauts prepare for rare splashdown in SpaceX capsule, target is 7:34 p.m. EDT on Saturday, August 1

WATCH THE SPLASHDOWN EVENT LIVE HERE, the SpaceX video embed in this post will go live with pre-event content sometime before 7pm EDT on Saturday August 1. NASA astronauts Doug Hurley and Bob Behnken are about to make the first splashdown return in 45 years. “SpaceX and NASA are targeting 7:34 p.m. EDT on Saturday, August 1 for Crew Dragon and the two astronauts to depart the orbiting laboratory and return to Earth,” tweeted SpaceX late Friday evening. From SpaceX, here is the timeline for...
Tags: Post, Business, Video, Space, Spacex, Florida, Technology, News, US, US news, Ap, Nasa, Earth, United States, Dragon, Space Flight

‘We Know This Is A Recession, But We Don’t Want This To Go Into Depression Territory,’ Says Economics Professor

(CBSNewYork) — The COVID-19 pandemic rages on, and the economy is in a precarious place. What happens in the coming weeks and months will affect millions of people yet remains largely outside their control. Almost halfway through the summer, as the pandemic wanes in many parts of Europe and Asia, the number of new cases in the U.S. has topped 50,000 almost every day in July. The domestic daily death count routinely exceeds 1,000. Many states are seeing near-record highs for infections. Hospitals...
Tags: Asia, Europe, Business, Florida, News, Congress, Economy, Unemployment, United States, U S, Commerce Department, Consumer, Fordham University, Economic Crisis, Santangelo, Giacomo Santangelo

Hinkley Point C: French watchdog fines EDF €5m for false claims on cost

Company may have artificially raised share price with ‘false information’ in 2014, says AMFThe French market watchdog has levelled a €5m (£4.5m) fine against the energy giant EDF for misleading investors about the cost of the Hinkley Point C new nuclear project.The regulators found that the French state-owned energy company spread “false information” about its agreement with the UK government to build Britain’s first nuclear reactors in more than 20 years. Continue reading...
Tags: Europe, Business, UK, France, UK News, Energy industry, Britain, EDF Energy, EDF, Hinkley Point C

Revealed: super-rich donate to Cuomo as he rejects tax hikes for billionaires

Investigation shows governor’s political machine has received money from more than a third of New York’s billionaire familiesNew York governor Andrew Cuomo has stood firm against intensifying pressure to avert massive budget cuts by raising taxes on the many billionaires who live in his state. Related: 'Egregious' distancing violations at Chainsmokers charity concert – Cuomo Continue reading...
Tags: Business, New York, World news, Executive pay and bonuses, US news, US politics, Andrew Cuomo, Cuomo, familiesNew York

United States Economy Shrinks By Record 32.9 Percent In Second Quarter

(CBSNewYork) — The United States economy endured its worst quarter in recorded history this spring. The real Gross Domestic Product (GDP) — the value of all the goods and services produced in an economy — declined at an annual rate of 32.9 percent. That’s according to the advance estimate from the Bureau of Economic Analysis. The decline reflects the effects of the COVID-19 pandemic that forced much of the country to stay home and limit spending. The previous record occurred in the first quarter...
Tags: Business, News, Congress, Economy, United States, Federal Reserve, Trump, Consumer, Bureau of Economic Analysis, Fordham University, Seton Hall University, Santangelo, Giacomo Santangelo, Norm Elrod, Stillman School of Business

AstraZeneca: won't profit from COVID-19 vaccine in pandemic

Pharmaceutical company AstraZeneca repeated its promise not to profit from a COVID-19 vaccine during the pandemic as it reported it was on track with late-stage trials for the treatment. Such promises were boosted by strong sales across its range of treatments during lockdown. Despite the good earnings, CEO Pascal Soriot said he remained cautious amid the uncertainty of the pandemic.
Tags: Business, News, Astrazeneca, Pascal Soriot, COVID

ConsenSys launches accelerator aimed at speeding Filecoin adoption

ConsenSys Labs is now accepting applications for the Filecoin Launchpad Accelerator, which will fund teams development teams to drive Filecoin adoption.The post ConsenSys launches accelerator aimed at speeding Filecoin adoption appeared first on The Block.
Tags: Business, News, ConsenSys Labs


NASHVILLE, Tenn., July 30, 2020 (GLOBE NEWSWIRE) -- National Seating & Mobility (NSM), the leading provider of complex rehabilitation, mobility and accessibility solutions, is partnering with telehealth experts Blue Sky Therapy, Lightning Mobility Evaluations and Spero Rehab to maximize the company’s complex rehabilitation technology (CRT) services nationwide. Telehealth has recently become an accepted technology supporting seating and wheelchair mobility evaluations during the COVID-19 pandemic...
Tags: Business, News, United States, Nashville, North America, Angie, HIPAA, Joint Commission, Mixon, CRT, Telehealth, NSM, Bill Mixon, Canada National Seating Mobility, NATIONAL SEATING, Spero Rehab

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