Ainsdale Evangelical Church

'The truth will set you free'

BBC News: Barcelona attack suspect named by police as Younes...
Monday 21st August 2017
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Live BBC Business News

China's Great Wall eyes Fiat Chrysler bid

The Chinese SUV maker says it is interested in buying Fiat Chrysler Automobiles, the Jeep owner.

VW to relaunch Kombi van as electric vehicle

The famous van is set to return in modern electric form, five years after production finally ended.

Debit and credit card use accelerates

Concerns have been raised about the level of personal debt, as consumers spend on plastic.

Ministers 'must act on faulty white goods fire risk'

In a letter to Theresa May, the London Fire Brigade and others say white goods must be made safer.

Musk warns of 'killer robot' arms race

A letter to the UN warns the world is getting closer to a dangerous "third revolution in warfare".

Total and Maersk agree £5.8bn deal

It would see French firm Total take control Denmark's Maersk's assets in the UK sector of the North Sea.

Crawford Falconer takes up post as UK's top trade negotiator

Crawford Falconer is expected to "build bridges" on trade before Brexit is formally agreed.

FTSE chief executives' median pay 'down almost 20%'

Deloitte says its annual survey of executive pay suggests policies to limit bosses' pay are working.

Green Business News

Gold and Oil Prices 2day

The Business Week from 10

1. EasyJet boss Carolyn McCall and Natalie Massenet, founder of Net-a-Porter, were appointed dames in the new year honours. Insurance tycoon Clive Cowdery was knighted while Samir Desai, co-founder of Funding Circle, was appointed a CBE.

2. Saudi Arabia posted a budget deficit of £66bn and announced public spending cuts. Oil minister Ali Al-Naimi said the kingdom would take no measures to restrict crude supplies, pushing analysts to mark down their oil price forecasts for this year.

3. The Financial Conduct Authority said it had shelved an inquiry into the staff culture at banks, provoking claims that it was going soft on the City.

4. Sports Direct said it would increase pay for directly employed staff by 15p an hour, from £6.70 to £6.85.

5. Amazon said it would extend its grocery delivery service, sending shares in Ocado down sharply.

6. The acquisitive industrial group Melrose returned £2bn to shareholders and said it was optimistic about making another big deal.

7. The CBI was accused by pro-Brexit campaigners of secretly dropping demands for a renegotiation of the working-time directive.

8. The commodities trader Noble Group was slashed to junk status by the ratings agency Moody’s.

9. China ordered three unnamed foreign banks to stop foreign-exchange transactions until the end of March.

10. The competition regulator said it would investigate J Sainsbury’s sale of its chemists to Celesio, owner of the Lloyds Pharmacy chain.