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Category: Business News

Royal Mail to launch parcel postboxes

Image copyright Royal Mail Royal Mail has announced plans for the UK’s first-ever parcel postboxes. The company said 1,400 of the new postboxes would be installed...

Carmaker Ford announces 7,000 job cuts

Image copyright Getty Images US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs. The plan will reduce...

Thomas Cook reassures holidaymakers after shares plunge

Image copyright Reuters Image caption Thomas Cook is trying to sell its fleet of planes Troubled travel firm Thomas Cook has been reassuring customers who contacted the...

Thomas Cook shares ‘worthless’, says Citigroup

Image copyright AFP Shares in Thomas Cook have plunged 30% after analysts at a bank said the travel firm’s shares were “worthless”. Thomas Cook’s...

Pound slides to four-month low after Brexit talks end

Image copyright Getty Images The pound has sunk to a four-month low against the dollar after cross-party Brexit talks between the Conservatives and Labour collapsed. On...

Commuters braced as railway timetables change

Image copyright Getty Images Image caption The network was hit by widespread delays and cancellations a year ago The new National Rail summer timetable has come into...

US supercomputer maker Cray Inc bought in £1bn deal

Image copyright Getty Images Image caption A Cray supercomputer is used by the Met Office for weather forecasting. Hewlett Packard Enterprise (HPE) has bought Cray Inc,...

US lifts steel and aluminium tariffs on Canada

Image copyright Getty Images The US has reached a deal with Canada to lift tariffs on steel and aluminium imports in a move that could lead to approval for a new North...

The firms turning their workers into owners

Image copyright Getty Images Image caption Julian Richer gave staff 60% of his company, Richer Sounds In the past few weeks a few employees have suddenly found they...

Trump delays tariffs on car imports

Image copyright Getty Images US President Donald Trump has delayed a decision on whether to impose tariffs on imports of cars and car parts. The White House has put back...