Business

Australia wins landmark case on cigarette plain packaging

Image copyright Getty Images Image caption Australia was the first country to introduce mandatory plain packaging for tobacco products Australia has won a major trade dispute over its pioneering plain packaging for cigarettes, in a decision handed down by the World Trade Organization (WTO). The WTO rejected complaints from Cuba, Honduras, Dominican Republic and Indonesia […]

Business

Sports Direct pips Apple in global retailers' list

Image copyright PA Eyebrows have been raised by an influential survey that ranks Sports Direct above tech titan Apple as a firm “trailblazing in global commerce”. In a new index of the world’s top 30 international retailers, Mike Ashley’s sports chain comes fourth. It’s beaten by Amazon and the UK’s Boohoo and Asos, but it’s […]

Business

Get me out of here!

Image copyright Getty Images Image caption Dreaming about that Oscar acceptance speech? For many of us, meetings are a boring waste of time but technology could soon help make them more interesting and productive. What do you do during a boring meeting? I canvassed some opinions on Twitter and the results were enlightening. Some people […]

Business

Tata Steel deal with ThyssenKrupp 'close to completion'

Image copyright Getty Images Image caption Tata owns the UK’s largest steelworks at Port Talbot Tata Steel and ThyssenKrupp are close to agreeing terms on a merger that will create Europe’s second-biggest steelmaker, after Arcelor Mittal. Senior City sources said the deal – which has been under negotiation for more than a year – could […]

Business

Debate over cash machines hots up

Image copyright Getty Images Debate over the future of ATMs in the UK has intensified ahead of a cut in the fee operators receive from banks. The start of a reduction, over the course of four years, in the fee paid each time a cash machine is used takes effect on Sunday. Link, which oversees […]

Business

Deutsche Bank's US unit fails Fed's stress test

Image copyright AFP/Getty Image caption The Federal Reserve administers annual “stress tests” on the largest banks operating in the US Deutsche Bank’s US division has failed the second round of the Federal Reserve’s annual two-stage stress tests, designed to assess how well the sector could withstand another financial crisis. The German lender suffered from “widespread […]

Business

BAE wins multi-million pound Australian warship contract

Image copyright BAE Systems British defence giant BAE Systems has won a multi-million pound contract from the Australian government to build nine new warships, marking a significant victory for British military exports. BAE beat Italian and Spanish rivals to win a large slice of the £20bn spending programme. The ships will be built in Australia, […]

Business

Amazon to buy online pharmacy PillPack

Image copyright Getty Images Amazon has said it is buying online pharmacy PillPack, sending shares in rival healthcare firms tumbling over fears of competition from the online retail giant. Shares in pharmacy chains CVS Health and Walgreens Boots Alliance plunged more than 8% in early trade. The announcement confirmed earlier speculation that Amazon was interested […]

Business

Lafarge cement giant in terrorist funding probe

Image copyright AFP Image caption The dealings with armed groups took place before Lafarge merged with Holcim Cement giant LafargeHolcim says its French subsidiary is under formal investigation in France over claims it funded a terrorist group in Syria. The subsidiary is also accused of complicity in crimes against humanity and endangering lives in Syria. […]