Johnston Press, the publisher of newspapers including the ‘i’, The Scotsman and the Yorkshire Post, has put itself up for sale. There had been speculation that the company could be sold after it launched a strategic review in 2017. Johnston Press has £220m of borrowing due for repayment in June next year. A decline in …
Image copyright Getty Images European stocks were sharply down in early trade after concerns about a trade war and higher US bond yields stoked global investor concerns. In London, the FTSE 100 index of leading UK shares opened down 1.6% at 7,030. Markets in Asia had plunged to a 19-month low after US shares suffered …
Image copyright Getty Images Companies may be forced to reveal their ethnicity pay gap under plans unveiled by the prime minister to help minorities at work. Theresa May has launched a consultation on whether mandatory reporting will help address disparities between the pay and career prospects of minorities. She acknowledged that minorities often “feel like …
Image copyright Reuters Carmaking giant BMW wants to take control of its joint venture in China and is set to pump billions more into its production capacity in the country. The German firm will spend 3.6bn euro ($4.16bn; £3.14bn) to up its stake in Brilliance Automotive from 50% to 75%. The Mini maker will also …
Image copyright Getty Images New research suggests that standing desks, which allow employees to alter their position during the day, may boost performance at work. A number of NHS staff were given new desks and set goals for standing time. After a year, researchers found sitting time was reduced by more than an hour a …
Image copyright SIA The battle to offer the world’s longest non-stop flight steps up a gear on Thursday, when a new Singapore-to-New York service takes off. Singapore Airlines is relaunching the service five years after it withdrew because it had become too expensive. It will cover more than 15,000km and is scheduled to take just …
Image copyright Getty Images Asian stocks slumped in early trade as concerns about higher US interest rates and a global trade war prompted investors to sell risk globally. Markets in Asia took their cue from US stocks, which suffered their sharpest one-day falls in months. on Wednesday. Japan’s benchmark Nikkei 225 is down 3.6%. In …
Image caption Rick Huether’s family has run Independent Can Co since 1948 Rick Huether’s family has run a manufacturing company in Maryland since the 1940s. So he knows a bit about keeping blue-collar jobs in America. But now he, like many other manufacturers in the US, is worried. In March, President Donald Trump announced steep …
Image copyright Getty Images Image caption Internet connectivity through light waves could help 5G reach into buildings and underground The global race towards superfast “fifth generation” mobile internet, known as 5G, is entering a key phase. The trouble is no-one knows exactly which technologies will be best for offering such a service. But one telecoms …