Image copyright Getty Images Image caption Former Barclays chief executive John Varley Senior Barclays bankers paid Qatar £322m in secret fees during the financial crisis in return for bailout funds, a court heard on Wednesday. The case against four former executives has been filed by the Serious Fraud Office over Barclays’ £11.8bn rescue. The bank …
Image copyright Getty Images Image caption Deutsche Post DHL’s chief executive, Frank Appel, says the firm has prepared for Brexit The boss of the world’s largest logistics firm says that his company could profit from a no-deal Brexit. Deutsche Post DHL’s chief executive Frank Appel said in the long run Brexit would not benefit the …
Image copyright Tencent Image caption Tencent’s app was accused of spreading low-brow content One of China’s leading news apps has been singled out for criticism by the country’s internet watchdog. Tencent-owned Tiantian Kuaibao – which means “fast daily news” – was accused of spreading “vulgar, negative and harmful information, which damaged the online environment”. The …
The chief executive of Deutsche Post DHL has told the BBC that a no-deal Brexit is not a good idea in the long term, even if his company benefits in the short term. Speaking at the World Economic Forum in Davos, Frank Appel said people may have misinterpreted previous comments he had made and thought …
Image copyright EPA Prince William has said that every celebrity he asked to back his Heads Together mental health initiative three years ago refused. The Duke of Cambridge said “a lot” of people were approached, but no one wanted to be associated with mental illness. Speaking at the World Economic Forum, in Davos, he urged …
Facebook, which owns social media site Instagram, says the death of 14-year-old Molly Russell was a “devastating event”. Steve Hatch told the BBC’s Media Editor Amol Rajan that he was “deeply upset”, after Molly’s father said he believes Instagram is partly responsible for his daughter’s death. Mr Hatch said Instagram was constantly reviewing its polices …
A company in Israel is using virtual reality to help patients deal with chronic pain, or to assist rehabilitation after a stroke or brain injury. VR Health was founded by an air force pilot with neck injuries, who was sure VR techniques could aid his recovery. This is part of the BBC’s Disruptors series. You …
Image copyright AFP Image caption Sir James Dyson has been a vocal Brexit supporter Theresa May has said Dyson remains committed to a long-term future in the UK, despite the appliance maker moving its headquarters to Singapore. The firm has announced the relocation of two executives but insists no UK jobs will be lost and …
Image copyright PA Image caption Mr Lewis announced his intention to sue Facebook in April 2018 Consumer campaigner Martin Lewis has dropped his legal action against Facebook over a series of ads that ran on its platform, falsely claiming he backed several investment schemes. The MoneySavingExpert website founder had claimed the fake endorsements had caused …
Image copyright Getty Images Supermarket giant Iceland has continued to sell own-brand products containing palm oil despite pledging to stop doing so by the end of 2018. The retailer made the promise last April, saying demand for the oil was devastating rainforests in Asia. But Iceland still sells more than 600 products online containing palm …