Business News
Bosch to cut 13,000 jobs in Germany to save billions in costs
Bosch is set to cut 13,000 jobs as part of its plans to save €2.5bn (£2.06bn). The engineering giant said the losses, in its mobility division in Germany which provides vehicle parts and software, came as a result of a stagnated market and pressure from rival companies. The market has seen increased competition from the […]
Who might own the app and how would it work?
Liv McMahonTechnology reporter and Graham FraserTechnology reporter Watch: Trump signs executive order approving US-China TikTok deal President Donald Trump says a deal to find a new owner for social media app TikTok in the United States is done and that it has the blessing of China’s President Xi Jinping. On Thursday, Trump signed an executive […]
China launches campaign to keep killjoys off the internet
Getty Images Social media giants have also found themselves penalised in China’s campaign to clean up its internet The Chinese government is taking aim at an emotion that has become all too common on the country’s internet – despondency. This week, China’s Cyberspace Administration launched a two-month campaign to curb social media posts that “excessively […]
The bacteria turning waste plastic into painkillers
Zoe CorbynTechnology Reporter, San Francisco Getty Images E. coli has been used in many discoveries in genetics and molecular biology Earlier this year an extraordinary new way of using waste plastic made headlines. A common bacterium was genetically engineered to eat a plastic-derived molecule and then digest it to produce the everyday painkiller, paracetamol. The […]
Pensioners in Gloucestershire fear rising food costs
Daisy BodkinGloucestershire BBC Ms George says she shops around to find bargains Valerie George, 78, says she can no longer afford the food she used to buy due to the rising prices. Ms George who lives in Abbeydale, Gloucester says she does not buy as much meat any more because she “just can’t afford it” […]
Prime Minister ‘remains committed’ to Northern Powerhouse Rail
James VincentPolitical editor, BBC Yorkshire and Emily JohnsonYorkshire PM ‘remains committed’ to Northern Powerhouse Rail The prime minister has said his government “remains committed” to Northern Powerhouse Rail amid recent uncertainty over the major infrastructure project. It comes after plans to extend high-speed rail across the north of England were delayed further, which the BBC […]
Vinted users furious over InPost UK parcel delivery delays
Peter Ruddick and Emer Moreaubusiness reporters Getty Images Users of the second-hand shopping app Vinted have taken to social media in outrage over severe delays in receiving their orders via one of the firm’s partner couriers. Posts seen by the BBC describe parcels not being collected from InPost UK lockers or left stuck in transit […]
Here’s what you need to know
President Donald Trump has signed an executive order, approving a proposal that would allow TikTok to continue operating in the US under American ownership. But details of the deal have not been confirmed by China, or the app’s Chinese owner ByteDance. The BBC’s Suranjana Tewari explains everything we know so far about how the deal […]
Sign off for Highlands green freeport plan for 11,000 jobs
Steven McKenzieHighlands and Islands reporter Port of Cromarty Firth Port of Cromarty Firth at Invergordon is one of a several sites that make up the port A landmark agreement will be signed later concluding a five-year planning process to establish a green freeport in the Highlands. Inverness and Cromarty Firth Green Freeport (ICFGF) is expected […]
Trump announces new tariffs on trucks, drugs and kitchen cabinets
Osmond Chia and Charlotte Edwardsbusiness reporters Getty Images US President Donald Trump has announced a new wave of tariffs, including a 100% levy on branded or patented drug imports from 1 October unless a company is building a factory in the US. Washington will also impose a 25% import tax on all heavy-duty trucks and […]
