Image copyright Reuters Budget airline Germania has filed for bankruptcy and cancelled all of its flights with immediate effect. The Berlin-based airline, which flew to destinations across Europe, Africa and the Middle East, transported more than four million passengers a year. It blamed rising fuel prices and currency fluctuations as two factors. “We ultimately failed …
Image copyright Monsta Pizza Image caption Chris Dominey founded Monsta Pizza with Christopher Lapham last year Drinks maker Monster Energy has lost to a pizza parlour in a long-running trademark row. Monsta Pizza, of Wendover in Buckinghamshire, had successfully fought a claim by the US energy drinks giant in August 2018. But Monster Energy appealed …
Image copyright Getty Images Canadian firm Sunrise Records has emerged as the buyer of collapsed music chain HMV, beating competition including Sports Direct owner Mike Ashley. The firm will buy 100 stores out of administration, securing 1,487 jobs. But 27 stores will close, resulting in 455 redundancies. Sunrise Records chief executive Doug Putman said he …
Image copyright Getty Images Ocado has reported widening losses in the year ending 2 December 2018. The online food retailer recorded a pre-tax loss of £44.4m, compared with £8.3m in the previous 12 months. However, its sales rose by 12.3% to £1.59bn and chief executive Tim Steiner said: “We now have in place a platform …
Image caption International action has targeted lots of sites suspected of making it cheap and easy to launch web attacks UK police have seized more than 60 computers and other gadgets suspected of being used to carry out web attacks. The raids were part of an international operation targeting customers of Webstresser, which Europol calls …
Image copyright Getty Images The head of a UN trade panel has warned a US plan to raise tariffs on Chinese goods next month would have “massive” implications for the global economy. The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on a trade deal by 1 …
Image copyright Getty Images Image caption Cryptocurrency is digital, or virtual only, currency Canada’s largest cryptocurrency exchange is unable to access millions in digital currency following the sudden death of its founder. Quadriga has filed for creditor protection and estimates that about C$180m ($137m; £105m) in cryptocurrency coins is missing. It has not been able …
Image copyright KERRY HUDSON Image caption Author Kerry Hudson says a finance app stopped her being terrible with money Finance apps are proving increasingly popular, but are they making us better at managing our money or encouraging us to spend more? Kerry Hudson, 28, spent her childhood living in poverty in Scotland with her single …
When Kirsty Meakin says she’s doing her nails, it’s not just a quick coat of red gloss. The 40-year-old from Stoke-on-Trent creates masterpieces on fingernails – or as she calls them “her canvas”. She started out on a Youth Training Scheme when she was 17 and has spent more than 20 years building her career …
Image copyright Getty Images Build stuff or buy stuff? China has long been a believer in the former to deal with a slowdown in its economy. Now it’s trying to shift the emphasis to the latter. This year will be a big test of how far it’s come in the transition from state-backed investment to …