Image copyright AFP Image caption Donald Trump has said he does believe the climate is changing US President Donald Trump has accused climate change scientists of having a “political agenda” as he cast doubt on whether humans were responsible for the earth’s rising temperatures. But Mr Trump also said he no longer believed climate change …
Image copyright Getty Images JP Morgan chief executive Jamie Dimon will not attend an investment conference in Riyadh amid growing tensions between the US and Saudi Arabia. He is the latest high-profile figure to pull out of the event dubbed “Davos in the Desert” following the disappearance of Saudi journalist Jamal Khashoggi. The Saudis deny …
Image copyright Getty Images Superdry has warned profits will take a £10m hit because late spells of hot weather hurt sales of winter clothes. “Unseasonably hot weather conditions in the UK, Continental Europe and on the East Coast of the USA,” were to blame, Superdry said in a statement. The problem has continued into October, …
Image copyright Getty Images US retailer Sears, a brand that once dominated shopping malls in the country, has filed for bankruptcy. Sears Holdings – which also owns Kmart – filed for Chapter 11 bankruptcy protection on Monday. The company has suffered, along with many other traditional retailers, from rising online competition from firms such as …
Media playback is unsupported on your device Media captionJamal Khashoggi: What we know about the journalist’s disappearance The UK, Germany and France have demanded a credible investigation into the disappearance of prominent Saudi journalist Jamal Khashoggi. Their foreign ministers said that if anyone were found responsible they should be held accountable, and urged a detailed …
Image copyright PA The UK can expect low economic growth for the next three years, while a no-deal Brexit could dent growth even further, says a forecasting body. The EY Item Club predicted GDP growth of 1.3% this year and 1.5% in 2019, down from 1.4% and 1.6% respectively in its previous outlook three months …
Image copyright Getty Images Hundreds of Royal Mail staff have complained that they have been short-changed as a result of a dramatic fall in the company’s share price. They claim the privatised company deliberately issued a profit warning weeks before many were planning to sell their shares. Since the announcement on 1 October the shares …
Image copyright Charlie MacGregor Image caption Charlie MacGregor pictured on a beach in Lesbos, which he visits four or five times a year The BBC’s weekly The Boss series profiles a different business leader from around the world. This week we speak to Charlie MacGregor, founder of student accommodation group The Student Hotel. Scot Charlie …
When Sophie Cornish and her business partner Holly Tucker started notonthehighstreet.com from their kitchen table in 2006, they didn’t expect it to grow into a multi-million pound firm. “Women tend to be their own worst critics,” Sophie says. “I wish I could say to my younger self, ‘Stop beating yourself up. Trust yourself.’” If only …
Media playback is unsupported on your device Media captionJamal Khashoggi: What we know about the journalist’s disappearance Saudi Arabia rejects political and economic “threats” over missing journalist Jamal Khashoggi, a source quoted by state news agency SPA says. The country would respond to any punitive action “with a bigger one”, the unnamed senior source said. …