Image copyright AFP The head of Argentina’s central bank has resigned amid reports of a row over policies to restore confidence in the country’s ailing economy. Luis Caputo had only held the post since June, and the surprise resignation sent the peso falling further against the US dollar. A statement said he quit for personal …
Image copyright Getty Images Image caption Harvesting Canadian oats, which used to attract a 54% tariff in Europe Free trade comes in many forms. It ranges from single markets to customs unions, to association agreements, to free trade agreements (FTAs) and beyond. The EU has negotiated 35 trade agreements for its member states, with another …
Image copyright Getty Images One of Europe’s biggest banks, Banco Santander, has poached the head of investment banking at UBS to be its next chief executive. Andrea Orcell will replace José Antonio Alvarez, who has been at the helm since January 2015. He has been a long-standing adviser to the Botin family that controls Santander. …
Image copyright Reuters US chipmaker Qualcomm has accused Apple of sharing its technology with rival suppliers including Intel in a theft intended to improve the performance of non-Qualcomm chips. The complaint, made in a filing in a Californian court, marks the latest clash between the two firms. Apple has separately accused Qualcomm of abusing its …
Image copyright Getty Images Ryanair says it has cancelled 190, or about 8% of its 2,400 scheduled flights this Friday. The airline has adjusted its schedule in the face of strike action being taken by unions in Spain, Belgium, Holland, Portugal, Italy and Germany. The Irish airline says this will affect 30,000 passengers, who have …
Image copyright Neilson Barnard/Getty Images The controversial lifestyle brand founded by Oscar-winning actress Gwyneth Paltrow has opened its first UK store. Goop’s pop-up store in Notting Hill, west London, opens on Tuesday until late January. Its online store is also available to European customers for the first time in its 10-year history. Goop has been …
Image copyright Reuters Revenues made by Manchester United have hit a record as the football club earned more money from TV rights. The club reported revenues of £590m in the year to the end of June, up 1.5% on the prior year, and forecast they would top £600m next time TV revenue rose 5.2% to …
Image copyright Getty Images Image caption Donatella Versace and Elton John in 1991 US fashion giant Michael Kors has confirmed a $2.1bn takeover of Versace in a move that has outraged some fans of the Italian fashion house. Creative director Donatella Versace’s social media accounts have been swamped by loyal fans pleading with her to …
Image copyright Google Image caption The firm will close the site by 2020 but said it was “not as a result of the UK leaving the European Union” Hundreds of jobs will be lost when a major employer in Grimsby closes its pharmaceutical factory as part of “global transformation”. Drugs firm Novartis employs about 400 …
Image copyright PA Image caption Players will welcome the addition of potentially high-scoring words such as “qapik” Scrabble players will now be able to use words such as “OK” and “ew” after US dictionary company Merriam-Webster announced it was adding 300 new words in the latest edition of the game’s dictionary. The last freshening up …