UK house prices picked up last month, rising at the fastest annual rate since November, according to the Halifax. In the three months to August, prices climbed by 3.7% from a year earlier, up from 3.3% annual growth in July. However, the monthly change was just 0.1%, leaving the average cost of a house little …
Image caption Apple vs Amazon – which tech giant has better growth prospects? In early September, Amazon’s market value briefly went over $1tn (£779bn), just over a month after Apple became the first public company in the world to achieve such a feat. Both tech companies have grown over the last few years, but will …
Image copyright Getty Images US president Donald Trump has threatened to intensify his trade war with China, warning he could impose tariffs on almost all its imports. He said he could move “very soon” to impose tariffs on $200bn (£155bn) worth of products with taxes on another $267bn “ready to go on short notice”. If …
Image copyright PA Image caption In January Southern Water applied for a “precautionary” drought permit to top up Bewl Water reservoir A water company is warning that customer demand will be double its available supply by 2030 unless it takes action. Southern Water said climate change, a reduction of the amount of water allowed to …
Image copyright Getty Images MTN, Africa’s largest mobile phone company, might be forgiven for feeling picked on in Nigeria. In 2015, it was fined more than $5bn (£3.85bn) by the Nigerian authorities for failing to cut off unregistered Sim cards – a figure that was reduced to $1.7bn after a long legal dispute and the …
Ed Sheeran’s promoter has told the BBC that fraud allegations made by ticket reseller Viagogo are “ludicrous”. Viagogo claims that Stuart Galbraith’s firm, Kilimanjaro Live, set up fake Viagogo stalls during Mr Sheeran’s 2017 tour where it voided genuine tickets and told fans to buy new ones. Mr Galbraith dismissed the allegations and told the …
Image copyright Reuters Tesla shares have fallen sharply after two senior executives abruptly left the electric car firm headed by Elon Musk. The chief accounting officer has left less than a month after joining, while its HR officer is also reported to have resigned a year after joining. The resignations came just hours after the …
Image copyright Getty Images Image caption The construction sector hired 23,000 more workers last month Annual wage growth hit a nine-year high in the US last month as the economy created more jobs than expected. Average hourly earnings rose by 0.4% in August, pushing the annual rate of increase to 2.9% – the fastest pace …
Image copyright Reuters Image caption Baskets have become a rare sight at the Asda store in Cambridge Supermarket giant Asda said it has been forced to order dozens of new baskets because of a shortage at a store – caused by customers taking them home. The baskets went missing at the store in Cambridge after …
Image copyright Getty Images Waterstones is buying the 115 year-old family-owned chain Foyles, saying the deal will help to “champion” real bookshops in the face of online rivals. The sale includes Foyles’ well-known Charing Cross Road store in central London, which was relocated to larger premises in 2014. Waterstones said the deal would help booksellers …