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Airbus cuts plane delivery target amid A320 fuselage problem

Airbus cuts plane delivery target amid A320 fuselage problem

Output reduction to ‘around 790’ planes comes after French firm issued recall over software glitch affecting 6,000 jetsBusiness live – latest updatesAirbus has cut its plane delivery target for this year after it identified a problem with the fuselage panels on its bestselling A320 family of aircraf

Nike, Superdry and Lacoste ads banned over misleading green claims

Nike, Superdry and Lacoste ads banned over misleading green claims

The advertising watchdog said the retailers misled shoppers with their 'sustainability' claims.

Thailand relaxes afternoon alcohol ban to boost tourism

Thailand relaxes afternoon alcohol ban to boost tourism

The ban was primarily introduced to stop government employees from drinking during work hours.

London’s Smithfield and Billingsgate markets find new home in Docklands

London’s Smithfield and Billingsgate markets find new home in Docklands

City of London corporation names Albert Island near City airport in Docklands for meat and fish marketsBusiness live – latest updatesA former industrial site in London’s Docklands has been named as the new home for the capital’s ancient Smithfield meat market and Billingsgate fish market, under plan

Thames Water half-year profit leaps to more than £400m after it raises bills by third

Thames Water half-year profit leaps to more than £400m after it raises bills by third

Debt-ridden utility warns of ‘material uncertainty’ with potential for a rapid collapse despite profit riseThames Water has reported a leap in half-year profits to £414m after bills rose by nearly a third, even as it warned it faced huge funding uncertainties that could result in a rapid collapse in

Water bill rises push troubled Thames back into profit

Water bill rises push troubled Thames back into profit

As it stands, Thames Water has sufficient cash to make it to the first quarter of next year.

Thames Water running out of time to secure rescue as debt swells

Thames Water running out of time to secure rescue as debt swells

As it stands, Thames Water has sufficient cash to make it to the first quarter of next year.

Thames Water half-year profit leaps to nearly £400m after it raises bills by third

Thames Water half-year profit leaps to nearly £400m after it raises bills by third

Revenues jumped 40% to nearly £2bn after debt-ridden utility hiked water bills sharply in AprilThames Water has reported a leap in half-year profits to £386m after bills rose by nearly a third, even as it warned it faced huge funding uncertainties that could result in a rapid collapse into governmen

Italian fashion giant Prada buys Versace – at a discount

Italian fashion giant Prada buys Versace – at a discount

The $1.38bn (£1.04bn) deal between the two Italian fashion giants is well below the roughly $2bn Versace was sold for in 2018.

Italian luxury giant Prada buys Versace for $1.38bn

Italian luxury giant Prada buys Versace for $1.38bn

The deal unites two major Italian fashion houses and expands Prada's line-up of brands as it seeks to compete with the LVMH group.

Tesla privately warned UK that weakening EV rules would hit sales

Tesla privately warned UK that weakening EV rules would hit sales

Elon Musk-owned electric carmaker also called for support for the secondhand market, documents revealBusiness live – latest updatesTesla privately warned the UK government that weakening electric vehicle rules would hit battery car sales and risk the country missing its carbon dioxide targets, accor

Australian economy crawls back into growth mode thanks to datacentre boom and household spending uptick

Australian economy crawls back into growth mode thanks to datacentre boom and household spending uptick

Analysts say national accounts figures show how far the economy has come, with annual GDP growth hitting 2.1% compared to 0.8% this time last yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastSurging investment in datacentres to fuel

Airbus to inspect some planes over 'quality issue' with panels

Airbus to inspect some planes over 'quality issue' with panels

The announcement comes days after a massive recall affecting thousands of the firm's A320 fleet.

Fabergé egg made for mother of Russia’s last tsar sells for £23m

Fabergé egg made for mother of Russia’s last tsar sells for £23m

Christie’s says the sale price is the highest for a Fabergé, beating a £8.9m auction in 2007A vintage jewel-studded Fabergé egg that belonged to the mother of Russia’s last emperor has been sold for a record £22.9m in London.The Winter egg was commissioned in 1913 by Emperor Nicholas II as an Easter

How do ‘Trump accounts’ work – and who will benefit?

How do ‘Trump accounts’ work – and who will benefit?

Donation of $6.25bn for children’s investment accounts prompts wave of questions – but details remain scarceA tech billionaire and his wife said on Tuesday they would pour $6.25bn into individual investment accounts for 25 million children under 10, prompting a wave of new questions about how these

Rare Fabergé egg fetches record £22.9m at London auction

Rare Fabergé egg fetches record £22.9m at London auction

The Imperial Winter Egg with 4,500 diamonds was commissioned by Russia's Tsar Nicholas II in 1913.

Eric Trump’s cryptocurrency firm loses half its value in half an hour

Eric Trump’s cryptocurrency firm loses half its value in half an hour

American Bitcoin Corp’s shares fell from $2.39 to $1.90 after closing in what some are calling ‘crypto winter’Shares in Eric Trump’s crypto mining business lost more than half their value in less than 30 minutes on Tuesday.The nosedive of American Bitcoin Corp, which triggered repeated trading halts

Bank of England warns of AI bubble risk

Bank of England warns of AI bubble risk

The central bank says US stock price valuations are their most stretched since the dotcom bubble burst.

Bid by Gina Rinehart’s company to build helipad set to be blocked by City of Perth

Bid by Gina Rinehart’s company to build helipad set to be blocked by City of Perth

Hancock says facility is ‘modern necessity’ but opponents argue the noise would disrupt local businesses Get our breaking news email, free app or daily news podcastGina Rinehart’s company has claimed helicopter pads are a necessity of modern business as it fights to install one at its new headquarte

‘We’re not going anywhere’: how unionization ‘whirlwind’ set stage for historic Starbucks strike

‘We’re not going anywhere’: how unionization ‘whirlwind’ set stage for historic Starbucks strike

Four years after workers at a Starbucks store in upstate New York became the first to unionize, hundreds of outlets followed – defying intense resistance from the coffee chain. What happened next?Thousands of Starbucks baristas are on strike across the US, warning the world’s largest coffee chain to

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