Kipper Williams on Amazon working practices – cartoon
New York Times exposé describes a world devoid of empathy in which employees are pushed to their limits in the name of productivity and efficiency Continue reading… Source: The Guardian Circular Economy RSS
Airbus finalises $26.6bn plane deal with Indian airline IndiGo
European aerospace group confirms its single-largest order with sale of 250 A320neos, the wings of which will be made at north Wales plant Airbus has finalised a record $26.6bn (£17bn) deal to sell 250 A320neo planes to an Indian budget airline in a boost for engineers working for the European aerospace group in the UK. […]
Limits on migrants will be one of this government's greatest mistakes
Social responsibility in good businesses demands vision, compassion and a willingness to stand up to bad politics on migration Britain is a nation of immigrants, with a migrant-built economy. Many people now claimed as its own – from Huguenots and Jews to refugees of Amin’s Uganda – have faced inevitable short-term integration challenges and longer-term, […]
Greek confidence vote looms as Merkel faces bailout rebellion – business live
Financial investors are watching the political fallout in Athens after its third aid programme was agreed on Friday night Energy minister: Confidence vote unavoidable Introduction: Merkel tries to calm dissent Bild: 120 CDU/CSU MPs could rebel Varoufakis trashes bailout deal 4.36pm BST Greece’s stock market has ended the day higher although banking shares are still […]
Yanis Varoufakis: bailout deal allows Greek oligarchs to maintain grip
Former finance minister accuses EU leaders of punishing ordinary people as he argues measures imposed on Greece will make dire economy worse Greece’s former finance minister Yanis Varoufakis has accused European leaders of allowing oligarchs to maintain their stranglehold on Greek society while punishing ordinary people in a line-by-line critique of the country’s €86bn (£61bn) […]
Brompton Bicycle gears up for growth with bigger factory
Company hopes to manufacture 100,000 folding bikes a year by 2021 to meet accelerating demand from city dwellers overseas Brompton Bicycle is doubling the size of its factory floor space to meet growing international demand for its folding bikes. The British manufacturer aims to make 100,000 bikes a year by 2021, so is moving to […]
Tui in demand on spin-off talk and positive broker note
Company could demerge non-core assets with around €3bn turnover Travel group Tui is proving popular in a downbeat market. The company’s shares have risen 10p to £11.72 following a report it could be considering a break-up, as well as a positive broker note after last week’s figures. Continue reading… Source: The Guardian Circular Economy RSS
Is there an app for loneliness?
Technology is often blamed for social isolation, but chatbots, dating sites and parenting forums can help break down barriers Young or old, loneliness is fast becoming a defining phenomenon of our age. The blame is often placed on modern communications technology, especially the virtual type. We’d rather message our friends than meet them. The tech […]
Shipbroker Clarkson sinks as oil price slump hits business
Company hit by falling rates in dry bulk market and warns of market headwinds Shipbroker Clarkson has sunk more than 8% on concerns about the outlook amid falling oil prices and the uncertain global economy. The company reported half year profits up 49% at £23.4m, helped by a five month contribution from recent acquisition RS […]
FTSE slips as miners fall on China concerns, but Wolseley builds gains
Building materials group lifted by upgrade from Citigroup Leading shares have lost early gains as the mining sector – spooked by worries about China’s economy – weigh on the UK market. But building materials supplier Wolseley is bucking the trend, up 55p or 1.3% at £42.62 as Citigroup raised its recommendation from neutral to buy […]