Business news blog


Volkswagen's US chief leaves troubled German carmaker - BBC News


CNET

Volkswagen's US chief leaves troubled German carmaker
BBC News
Another US executive, Hinrich Woebcken, takes over on a interim basis. Mr Horn's departure comes as VW continues to negotiate with US environmental regulators, the Department of Justice, and lawyers representing consumers who are suing the company ...
U.S. Files Lawsuit Against Volkswagen Over Emissions TrickeryNPR
VOLKSWAGEN GROUP OF AMERICA ANNOUNCES EXECUTIVE LEADERSHIP CHANGE : Volkswagen US Media ...Media VW - Volkswagen

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Surge in contactless card payments - BBC News


BBC News

Surge in contactless card payments
BBC News
One in eight purchases made on UK cards in December used contactless technology, marking a surge in the use of the alternative to loose change. Just over one billion contactless transactions were completed in 2015, the UK Cards Association said.

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Mike Ashley is going to lose ?10 million by paying Sports Direct staff 'above ... - Business Insider


The Independent

Mike Ashley is going to lose ?10 million by paying Sports Direct staff 'above ...
Business Insider
It said Sports Direct "has made a commitment that its directly employed UK employees and directly engaged casual workers will be paid above the National Minimum Wage from 1st January 2016." However it did not say what the new wage bracket would be.
Sports Direct to pay above minimum wageBBC News
Mike Ashley's wage hike for workers dismissed as 'PR stunt'The Independent
Sports Direct boss vows to pay staff more than national minimum wageBelfast Telegraph

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Business warns of economic burden

Government policies are placing a cumulative burden on businesses the Confederation of British Industry (CBI) has warned.

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VIDEO: Australia's entrepreneurial exercise

The Australian government is planning an A$800m initiative to inspire a bolder entrepreneurial spirit that embraces greater risk.

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