Image copyright Reuters The European Commission has fined Mastercard €573m ($650m, £504m) for anti-competitive behaviour. It said Mastercard had prevented retailers using cheaper banking services outside their home country. Prior to 2015, Mastercard obliged banks receiving card payments to use a fee set in their home country, even if cheaper rates were available elsewhere in …
Image copyright Getty Images House of Fraser stores in four shopping centres owned by Intu have been saved following talks with the department store chain’s owners, Sports Direct. The stores at Chapelfield in Norwich, Lakeside in Thurrock, Metrocentre in Gateshead and Victoria Centre in Nottingham had been earmarked to close. An Intu spokesperson said there …
Image copyright Velizar Simeonovski, Field Museum Image caption Artwork: Galagadon was a freshwater shark from the time of the dinosaurs A newly discovered species of ancient shark has been named after a 1980s arcade game. The shark swam in the rivers of what is now South Dakota, US, about 67 million years ago, living alongside …
Image copyright Getty Images The number of people in work in the UK has reached a record high of 32.54 million, latest figures from the Office of National Statistics show. Unemployment was flat, with a small increase of 8,000 between September and November for a total of 1.37 million. “The share of the population in …
Image copyright AFP Image caption The drone sightings led to many people being stranded at Gatwick EasyJet says the disruption to flights caused by the drone sightings at Gatwick airport in December has cost it about £15m. It paid out £10m in “customer welfare costs” and said it had lost £5m of revenues due to …
Image copyright Getty Images Dixons Carphone has reported a fall in mobile phone sales over the Christmas trading period, as fewer people signed up to two-year contracts. The electrical goods retailer said sales of mobiles were down 7% in the 10 weeks to 5 January. The news reflects a growing trend in the phones market …
Image copyright Reuters A Tokyo court has rejected Carlos Ghosn’s latest request for bail, despite his promise to wear an electronic tag to secure his release. The former Nissan boss has been in detention since 19 November on allegations of financial misconduct. Lawyers for Mr Ghosn, who denies any wrongdoing, have said he could remain …
Image copyright Getty Images Self-regulation of social media “has failed disabled people”, according to MPs who have backed a petition calling for new laws, led by model Katie Price. More than 220,000 people supported her demand to make online abuse a criminal offence after she flagged up trolling about her son Harvey’s disabilities. Now MPs …
If you like making quick, healthy and gorgeous meals, there is a good chance you have used one of Donna Hay’s recipes. Widely known as “Australia’s culinary queen”, she’s created a sprawling business that includes television shows and cooking books. After publishing the 100th and final issue of the Donna Hay magazine last year, she …
Image copyright Gettyimages Image caption The International Space Station could become a factory for specialist materials Imagine a laboratory growing human hearts – and imagine that laboratory floating in space hundreds of miles above the surface of the Earth. That may sound like science fiction, but bizarre as it seems, it could bring new hope …