Image copyright JioCinema/Loneranger Productions Image caption Lesbian love story Maaya 2 would have struggled to make it on to Indian TV Low-cost smartphones and cheap mobile data mean Indians are now hungrily consuming content over the small screen. And this is opening up a new world of creative freedom for the country’s entertainment industry. Film …
Image copyright Getty Images Mike Ashley’s firm has sacked the senior management at House of Fraser just weeks after it bought the department store chain. In a one-sentence announcement to the stock market, Sports Direct said it had “dismissed the former directors and senior management of House of Fraser”. The move followed “calls for an …
Image copyright GE Image caption Larry Culp is GE’s new chief executive General Electric has ousted its chief executive, installing new leadership for the second time in two years as it struggles to return to growth. Larry Culp, a GE board member who ran US manufacturer Danaher for more than a decade, is to replace …
Donald Trump has said that the trade tariffs that he’s been introducing were key to getting the new trade deal with Canada and Mexico. He was speaking in the Rose Garden giving details of the new United States-Mexico-Canada Agreement (USMCA), which will replace the current North American Free Trade Agreement (Nafta). Source by [author_name]
Image copyright Primera A budget airline that began offering long-haul flights from UK airports including Stansted to the US earlier this year has collapsed. Primera Air said it was ceasing all operations at midnight on Monday after 14 years of operations. Two flights to Washington and New York due to leave Stansted on Monday night …
Media playback is unsupported on your device Media captionTrump: ‘Without tariffs we wouldn’t be standing here’ President Donald Trump said a new trade deal with Canada and Mexico would bring thousands of jobs back to North America in a “new dawn” for US factory workers. Speaking at the White House, the President said the United …
Image copyright Reuters Royal Mail shares have fallen almost 15% in late trading after warning on profits in an unscheduled update. The post and parcel firm said addressed letter volume had fallen by 7% in the first half of this financial year. Meanwhile, cost savings would be £100m this year, compared with its previous forecast …
Image copyright Getty Images Losses at Deliveroo continued to rise last year as the delivery firm spent more on its global expansion plans. Pre-tax losses rose to nearly £185m in 2017, up from £129m the year before, which Deliveroo attributed to investments of £100m. But global sales more than doubled, jumping to £277m last year …
Image copyright Sainsburys Sainsbury’s is launching specialised beauty aisles in 11 stores as part of a renewed push into the beauty industry. The supermarket chain said it plans to re-launch its boutique cosmetics range and offer 1,500 new products from brands including Burt’s Bees and Essie. Eight of the new beauty aisles will be staffed …
Image copyright AFP Tesco Bank has been fined £16.4m by the UK financial regulator for failings surrounding a cyber-attack on its customers in November 2016. The Financial Conduct Authority said the bank had failed to exercise due skill, care and diligence in protecting its personal current account holders. The fraudsters got away with £2.26m. Tesco …