A federal judge in the U.S. has ordered the Department of Homeland Security (DHS) to rescind its delay of a rule that allows some foreign entrepreneurs to stay in the United States to grow their companies, court documents show.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Royal Mail half-year profits fall by 30%
Royal Mail’s half year profits have fallen by nearly a third as its UK parcels and letters business slipped to a loss – and it warned of further pressure on earnings due to a wrangle with unions.
Poor productivity outside south-east England hurting UK economy
Worker output in London and satellite cities far outweighs that in places such as Stoke and Doncaster, says Centre for Cities thinktank
Dyson sues ex-chief executive over leaked secrets claim
Billionaire Sir James Dyson’s company is suing former chief executive Max Conze claiming he leaked the company’s secrets.
New car sales drop 12% in October
New car sales tumbled 12.2 per cent in October, marking the seventh consecutive month of declines and an acceleration on the fall of 9 per cent recorded the previous month. Falling business and consumer confidence was to blame for the drop, according to Mike Hawes, chief executive of trade body the Society of Motor Manufacturers […]
Old scams, new tricks as fraudsters adapt
The organisation at the frontline of UK consumer protection says it is seeing a pattern of “old scams, new tricks”.
UK interest rate doubled – first rise in 10 years
The Bank of England has increased interest rates by 0.25 percentage points to 0.5 per cent – the first rate rise since 2007.
Apple shares hit fresh highs as it eyes record Christmas sales
Apple expects record sales of iPhones in the run-up to Christmas, and dismissed any talk of weaker demand for its iPhone 8 models saying they “instantly became out top 2 selling products” on release.
A Twitter employee deactivated Donald Trump’s account yesterday
A Twitter employee briefly deactivated Donald Trump’s Twitter account yesterday.
Rise of the robots: 600,000 construction jobs could be lost to automation by 2040
More than half a million jobs in the construction industry could be lost as a result of the rise of robots.
Ryanair profits soar despite cancellations blunder
Ryanair has posted an 11 per cent rise in half-year profits despite a rota blunder which saw thousands of flights scrapped.
UK most attractive European country for employers and staff
Talent, quality of life, location and cost put London ahead, with Edinburgh and Bristol in top 20 despite Brexit.
BP to restart share buybacks as profits double after downstream boom
BP investors sent shares in the oil major to its highest price this year after the supermajor more than doubled its profits in the last three months, driven by a five-year high in earnings for its fuels, petrochemicals and refining businesses.
Bank of England believes Brexit could cost 75,000 finance jobs
The Bank of England believes that up to 75,000 jobs could be lost in financial services following Britain’s departure from the European Union.
Barclays profits up 31% in third quarter as boss sets new targets
Shares in Barclays have taken a tumble despite the bank announcing pre-tax profits of £1.1bn for its third quarter – a 31 per cent jump on the same period last year.
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