Image copyright SOPA Images Flybe is reported to have put itself up for sale less than a month after issuing a dramatic profit warning. The regional airline is expected to say on Wednesday that its board is exploring a sale or a merger with a rival, according to Sky News. Last month, the airline warned …
Image copyright Reuters Image caption The e-cigarette brand has come under regulatory pressure to curb its popularity among the young E-cigarette maker JUUL Labs has agreed to temporarily halt sales of certain flavours in a bid to curb teenage use of their product. Sales of all flavours except tobacco, menthol and mint will be halted …
Image copyright Getty Images Oil prices have dropped to their lowest level in over eight months amid fears about a slowdown in demand. International benchmark Brent crude dropped almost 7% to $65.11 (£50.24) a barrel, its lowest level since March. US oil – known as West Texas Intermediate – fell over 7% to $55.69, its …
Image copyright Getty Images Millions of pounds of public money is being misspent because of “abuse” of green energy schemes, a whistleblower from the energy regulator Ofgem claims. Edd Fyfe, a former counter-fraud officer, alleges big businesses exploited weaknesses in the management of schemes to make huge profits. He claims some firms offered people incentives …
Dinnage has worked for Discovery for the last 10 years Susanna Dinnage has been named as the new chief executive of the Premier League, replacing Richard Scudamore. Dinnage joins from media organisation Discovery, where she was the global president of the Animal Planet channel. Scudamore, 59, is stepping down next month after 19 years at …
Image copyright Getty Images The pound has surged against the dollar and the euro amid growing optimism a Brexit deal is close to being agreed. Sterling leapt 1.4% to trade at $1.3036 against the dollar in afternoon trade, whilst against the euro it jumped to a seven-month high of €1.1542. The move came after a …
Image copyright Getty Images Image caption The ruling will have implications for cheese producers across the EU The taste of a food cannot be protected by copyright, the EU’s highest legal authority has ruled in a case involving a Dutch cheese. The European Court of Justice said the taste of food was too “subjective and …
Image copyright Berketex Bride Bridal store Berketex Bride has announced that it has ceased trading and gone into administration. The firm said its 13 outlets in the UK and one in Dublin would be closed from Tuesday and would not reopen. It has been in existence for more than 50 years selling wedding dresses, bridesmaids’ …
Amazon plans to build major new campuses in New York City and next to the Pentagon near Washington DC. The decision comes 14 months after the tech giant kicked off a continent-wide competition by announcing a search for a “second headquarters” location. The contest drew 238 bids, as local officials leapt at the chance to …
Image copyright Getty Images Binny Bansal, chief executive of India’s biggest online retailer, Flipkart, has resigned following an investigation into personal misconduct. Flipkart and its owner, Walmart, launched the investigation after a complaint of “serious personal misconduct” was made against Mr Bansal. The inquiry did not find evidence to back up the allegation, but did …