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Dow Jones surges over 400 points at opening bell as US markets rally

US markets rally comes after Asian and European markets continued to fall amid fears that Chinese economic growth is slowing US stock markets rallied strongly on Wednesday as global stock markets attempted to shake off days of sell-offs amid fears that China’s economic boom is stalling. The Dow Jones Industrial Average opened up over 400 […]

Banning child labour imposes naive western ideals on complex problems

Businesses in developing countries should be encouraged to provide safe conditions for child workers to provide a family income In an ideal world there would be no child labour, but instead opportunities for children to play, learn, relax and otherwise enjoy life. This ideal is reflected in the corporate social responsibility policies of numerous companies […]

Bonuses return close to pre-recession peak on back of UK economic recovery

Office for National Statistics says payments rose by 2.7% in 2014-15 to £42.4bn, putting the total figure 0.1% below the record reached in 2007-08 Britain’s economic recovery has helped bonuses return to within a whisker of their pre-recession peak, according to official data. The Office for National Statistics said that salary top-ups rose by 2.7% […]

European stock markets fall again as China worries bite

WPP chief insists he ‘remains a raging bull’ about China as global sell-off continues amid fears over health of world’s second-biggest economy European stocks resumed their falls on Wednesday as fears about the Chinese economy once again gripped investors and a late plunge in US stocks unnerved the market. The FTSE 100 fell almost 2% […]

Asian markets in volatile mood as China rate cuts fail to calm nerves – live

US stock market gains wiped out to close second volatile day on Wall Street China crisis interactive: from peak to Black Monday London markets: calm after the storm 4.28am BST A catch-up of this morning’s choppy activity, via Reuters: Asian stocks fell on Wednesday as investors feared fresh rate cuts in China would not be […]

Poundland’s green light proves the value of talking to shoppers

Competition watchdog belatedly realised it was a good idea to understand the modern high street before ruling on takeover of 99p Stores Who would have thought that speaking to shoppers or ­actually visiting a shop would be a useful place to start for a regulator investigating a major high street deal? Well, that is what […]

Coca-Cola to reach water goal five years early

The soda giant announced it would replenish all the water used in making its beverages by the end of 2015 The Coca-Cola Company expects to replenish all the water it uses to make its beverages by the end of 2015, five years ahead of its scheduled goal. The beverage giant, which manufactures brands such as […]

ASA orders Morrisons to clarify price comparisons under loyalty card scheme

Advertising watchdog says supermarket must clearly tell customers where they can get details on how points are awarded for specific shop Morrisons has been ordered by the advertising watchdog to clarify the way it compares prices with other supermarkets under its Match & More loyalty scheme following a complaint from rival Aldi. After a 10-month […]

China 2015: beware the links with 1929

Events of the past few days echo those that led to the Wall Street crash, so optimism about long-term impact on the west of China’s crisis is premature On day one the stock market fell by 13%. On day two it fell by a further 12%. On day three hopes were high the storm had […]