Thursday, 18 January 2018

Lloyds Bank creates fund for firms hit by Carillion collapse




Lloyds Bank has said it will provide £50m to support its small business customers who are struggling after the failure of Carillion.

Apple employees to get bonuses of $2,500 in stock, says chief executive Tim Cook



Apple employees are set to receive bonuses of $2,500 (£1,800) each as the company begins returning its overseas cash to the US.

Superjumbo jet future secured by Emirates order



The Emirates airline has announced an order for up to 36 Airbus A380s.

'Code red' storm causes Dutch and German transport chaos


 
Dutch authorities have suspended all flights to and from Amsterdam Schiphol airport as a severe storm causes transport chaos in the Netherlands.

UK pledges extra £44.5m for beefing up Channel border security



An extra £44.5m is to be spent beefing up Channel border security, the UK government is to say later.

Italy arrests 33 'Chinese mafia' members, police say



Thirty-three people have been arrested in Italy on suspicion of being members of the Chinese mafia, police say.

Winter weather: Thousands without power after gales hit UK



About 47,000 homes and businesses are without power after severe gales brought disruption to much of the UK.

Radio host and TV presenter Chris Tarrant guilty of drink-driving



Radio host and TV presenter Chris Tarrant has been banned from driving after pleading guilty to drink-driving.

Wednesday, 17 January 2018

Apple to pay $38bn on foreign cash pile following recent changes to American tax rules

 


Apple will pay about $38bn in tax on the $250bn cash pile it holds outside the US following recent changes to American tax rules.

Deutsche Bank says hundreds not thousands of staff will move after Brexit, senior executive says



Deutsche Bank plans to move hundreds of staff out of London as a result of Brexit rather than the thousands first feared, a senior executive has said.

Collapsed construction firm Carillion directors' bonus payments stopped amid anger over firm's collapse



Bosses at collapsed construction firm Carillion have had their bonus payments halted amid growing anger at bumper payouts.

Bitcoin dips below $10,000 for first time since early December



Bitcoin has traded below $10,000 for the first time since early December.

Britain‎'s biggest retail bank Lloyds keeps cash bonus cap despite return to private ownership



Britain‎'s biggest retail bank is to retain a £2,000 cap on cash bonuses even after being freed from the shackles of partial state ownership last year.

Engineering giant GKN rejects £7.4bn hostile takeover bid



Engineering giant GKN has rejected a £7.4bn hostile takeover bid from Melrose Industries.

Government reassures over supplier Interserve



The government has said it does not believe any of its major suppliers are in a similar position to Carillion.

Ex-CIA officer Jerry Chun Shing Lee held 'for helping China'



A former CIA officer has been arrested in the US on charges of unlawful retention of classified information.

Dr Jackson on President Trump: Health Excellent , 'He has incredible genes'



US President Donald Trump has shown no abnormal signs following a cognitive exam and is in excellent health, his White House doctor says.

Bayeux Tapestry 'to go on display in the UK' in historic loan



The Bayeux Tapestry, the 70-metre-long embroidered cloth depicting William of Normandy's 1066 victory over the Saxons at Hastings, could be put on display in the UK.

Nestle sells Crunch, Nerds and other US brands to Ferrero Group for $2.8bn


 

Nestle is selling its US sweets and chocolate business to Ferrero Group for 2.7bn Swiss Francs ($2.8bn; £2bn).

Newcastle United owner Mike Ashley ends takeover talks with Amanda Staveley



Newcastle United owner Mike Ashley has ended talks with businesswoman Amanda Staveley over a takeover that could have been worth around £250m.

New Greggs 130 new stores expected to create 1,500 jobs



Greggs is planning to open 130 new stores this year in a move it hopes will create around 1,500 jobs.

Tuesday, 16 January 2018

Investigation into collapse of construction giant Carillion will be fast-tracked and "extended in scope"



The government has ordered a fast-track investigation into directors at the failed construction firm Carillion.

British peer : UK-based law firm Hogan Lovells helping to cover up corruption in South Africa



A British peer has accused UK-based law firm Hogan Lovells of helping to cover up corruption in South Africa.

UK inflation rate drops back to 3%



The UK's inflation rate has fallen for the first time since June, mainly because of the impact of air fares.

Venezuela helicopter pilot Oscar Pérez killed in nine-hour long siege near the capital



Renegade helicopter pilot Oscar Pérez was killed in a nine-hour long siege near the capital, Caracas, on Monday, the Venezuelan government has confirmed.