Business

Wall Street sees red as tech shares plunge

Image copyright Getty Images Shares in some of the world’s largest technology stocks plunged on Monday, dragging the Nasdaq down almost 3% to drive a wider market sell-off. The Dow Jones Industrial Average fell 1.75% in mid-afternoon trading while the S&P 500 index dropped 1.7%. The declines were driven by Apple and Facebook. Investors dumped […]

Business

Bitcoin falls below $5,000

Media playback is unsupported on your device Media captionTen years of the rise and fall of Bitcoin The value of Bitcoin has fallen below $5,000 (£3,889) for the first time since October 2017. The fall brought the total value of all Bitcoin in existence to below $87bn. On Thursday, 15 November, Bitcoin Cash – an […]

Business

Why industry can combat climate change

Image copyright Reuters A new report on the potential of heavy industry to combat climate change offers a rare slice of optimism. Sectors like steel, chemicals, cement, aviation and aluminium face a huge challenge in cutting carbon emissions. But a group including representatives from business concludes it is both practical and affordable to get their […]

Business

Consumers 'wrongly' told they do not have PPI

Image copyright Getty Images Banks are being accused of giving wrong information to customers looking to get compensation for mis-sold Payment Protection Insurance (PPI). The accusation has been made by the Alliance of Claims Companies – a trade body for claims management companies. It said a number of customers had been incorrectly told by their […]

Business

Nissan plans to oust Carlos Ghosn over 'misconduct'

Image copyright Getty Images Image caption Carlos Ghosn is head of the Alliance, which includes Nissan, Renault and Mitsubishi Japanese car giant Nissan has proposed removing chairman Carlos Ghosn from his post over financial misconduct claims. The firm said it had been conducting an internal investigation for several months which showed Mr Ghosn had been […]

Business

Australia's Fairfax gets green light to merge with Nine

Image copyright Getty Images Image caption The new entity will retain the Nine name only Australia’s Fairfax has got the green light from its shareholders to merge with television network Nine Entertainment in a massive shake-up of the nation’s media industry. Fairfax shareholders gave “overwhelming” support for the multi-billion dollar merger. The deal was possible […]

Business

'You'll fail a lot, but failure is hollow'

You’ll fail a lot but you’ll learn as an entrepreneur from your failures, says Mohamed Al Awadhi. Mohamed and his brother Peyman are serial entrepreneurs, with experience ranging from restaurants to video production – and they know a thing or two about launching a business in Dubai. Filmed and edited by Paul Blake See more […]

Business

'I broke 22 bones and lost a year's memory'

Image copyright Kees Koolen Image caption Kees Koolen is the only person to have completed the annual Dakar Rally in all four main categories – motorbike, quad, car and truck The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to serial Dutch entrepreneur Kees Koolen, whose […]