BT slapped with £6.3m fine for breaking rules over contract

BT slapped with £6.3m fine for breaking rules over contract
SkyNews.com | Business

BT has been slapped with a £6.3m fine by the telecoms regulator for breaking the rules over a major public services contract in Northern Ireland.

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Nytimes.com | 29. 01. 2022 02:35:08 | Business

David M. Solomon is now tied with James Gorman of Morgan Stanley as the highest-paid chief executives at major U.S. banks.

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SkyNews.com | 29. 01. 2022 01:06:59 | Business

Home Secretary Priti Patel has approved the extradition of a British entrepreneur to the US to answer criminal fraud charges.

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BBC.co.uk | 29. 01. 2022 00:40:13 | Business

Dr Mike Lynch lost a multibillion-dollar fraud action on Friday over the sale of Autonomy in 2011.

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Nytimes.com | 28. 01. 2022 23:47:22 | Business

Nearly 300,000 people are involved in lawsuits accusing 3M of having sold the military defective combat earplugs that left service members with tinnitus and hearing loss.

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Nytimes.com | 28. 01. 2022 23:40:09 | Business

The S&P 500 rose 2.4 percent, its biggest one-day jump since June 2020. But some analysts cautioned against reading too much into a single day’s bounce.

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BBC.co.uk | 28. 01. 2022 23:20:13 | Business

With vacancies at a record high, many firms are suffering from a shortage of skilled workers.

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Nytimes.com | 28. 01. 2022 19:35:10 | Business

The burden shouldn’t be on you to draw boundaries, but you will have to do it.

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Nytimes.com | 28. 01. 2022 18:37:44 | Business

The federal agency said an agreement with Verizon and AT&T would enable the wireless providers to expand their networks while allowing aircraft to land safely.

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SkyNews.com | 28. 01. 2022 16:17:58 | Business

The Post Office has struck a new three-year deal with Britain’s biggest banks to provide cash to their customers after months of fraught negotiations.

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BBC.co.uk | 28. 01. 2022 15:29:37 | Business

Aviva's chief executive says firms need to think about gender equality as workers return to offices.

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Nytimes.com | 28. 01. 2022 15:22:10 | Business

The company recorded a profit of $5.1 billion as global prices rose.

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Nytimes.com | 28. 01. 2022 15:21:59 | Business

The Stoxx Europe 600 fell 1.7 percent, while futures on the S&P 500 pointed to a small decline when trading on Wall Street begins.

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Nytimes.com | 28. 01. 2022 15:21:58 | Business

People all over the country — indeed, much of the planet — are depending on the central bank to stave off runaway inflation and keep the economy growing. Prepare for trouble, our columnist says.

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Nytimes.com | 28. 01. 2022 15:10:09 | Business

Employers see the aid as part of a bid to attract workers, especially as the federal pause on student loan payments ends on May 1.

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SkyNews.com | 28. 01. 2022 15:06:21 | Business

Hundreds of partners at KPMG, the big four accountancy firm, will be told next week that their payout surged last year despite a renewed string of scandals and a self-imposed moratorium on tendering for government contracts.

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Nytimes.com | 28. 01. 2022 15:00:30 | Business

Overall spending fell for the first time since February as the virus and supply chain issues impacted purchases.

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Nytimes.com | 28. 01. 2022 14:38:45 | Business

Inflation is still coming in high and wages are strong, trends that may prod the Federal Reserve to increases rates several times this year.

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Nytimes.com | 28. 01. 2022 14:32:16 | Business

Navigating the pandemic and a shift in leadership, the Center Theater Group is trying to get back its old audience, and find a new one, while rethinking its mission and programming.

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Nytimes.com | 28. 01. 2022 14:27:26 | Business

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SkyNews.com | 28. 01. 2022 14:14:20 | Business

Downing Street has denied Boris Johnson is going "wobbly" over the planned national insurance increase in April.

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Nytimes.com | 28. 01. 2022 13:59:19 | Business

The European Union’s two largest economies diverge in the final quarter of 2021.

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BBC.co.uk | 28. 01. 2022 13:54:20 | Business

The tech giant says Autonomy's founder "artificially inflated" the Cambridge-based firm's worth.

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Nytimes.com | 28. 01. 2022 13:47:31 | Business

The exit of SoftBank’s chief operating officer comes as the tech giant faces huge challenges.

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SkyNews.com | 28. 01. 2022 13:42:18 | Business

Sky's Ian King looks into record profits for Apple in the last quarter of 2021 and speaks to the boss of a Belgian start-up looking to make online ordering more straight-forward.

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SkyNews.com | 28. 01. 2022 12:58:05 | Business

A husband-and-wife team who founded one of Britain’s fastest-growing funeralcare providers is exploring a sale or public listing that could value it at more than £400m.

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SkyNews.com | 28. 01. 2022 12:44:15 | Business

UK entrepreneur Mike Lynch has lost a multi-billion pound fraud action brought over the sale of software company Autonomy to Hewlett Packard (HP) in 2011.

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SkyNews.com | 28. 01. 2022 11:11:30 | Business

The surging rate of inflation experienced by households in the run-up to Christmas was similar for both low and high income earners despite different spending behaviour, according to new official data.

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Nytimes.com | 28. 01. 2022 11:07:11 | Business

A variety of online tools can guide retirees looking to make the most of this benefit — which many older Americans depend on.

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Nytimes.com | 28. 01. 2022 11:07:09 | Business

Yes. And Coachella, too. After canceling many major events over the last two years, organizers are going forward in the first months of 2022, though there may be adjustments.

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BBC.co.uk | 28. 01. 2022 10:09:54 | Business

The housing secretary says the market is failing leaseholders who are being charged sky-high premiums.

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SkyNews.com | 28. 01. 2022 09:27:03 | Business

The City watchdog has urged insurance firms and brokers to work with it to ensure bills are fair after communities secretary Michael Gove said residents of almost all flats were facing "crippling" premiums in the wake of the Grenfell fire tragedy.

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Nytimes.com | 28. 01. 2022 09:07:17 | Business

Settlements, upkeep and lawyers have whittled his $600 million estate to about $185 million. A civil fraud suit in the Virgin Islands could wipe out more.

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Nytimes.com | 28. 01. 2022 09:07:15 | Business

Pressure is mounting on companies to condemn the country’s human rights violations, but executives say the Games should not be politicized.

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BBC.co.uk | 28. 01. 2022 05:40:13 | Business

China Unicom is the latest Chinese company to be banned in the US over national security concerns.

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BBC.co.uk | 28. 01. 2022 02:33:17 | Business

A week before the Beijing Games start, global partners are lying low.

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BBC.co.uk | 28. 01. 2022 01:13:58 | Business

HMRC says 3.5 million people are still to file, but it will not fine those who are up to a month late.

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BBC.co.uk | 28. 01. 2022 01:09:11 | Business

A month after more post-Brexit paperwork came into force, many drivers and firms are having problems.

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BBC.co.uk | 28. 01. 2022 00:19:24 | Business

The iPhone giant's business has boomed during the pandemic.

Source: BBC.co.uk

Nytimes.com | 28. 01. 2022 00:17:30 | Business

But ruling is another indication of the difficulty prosecutors have had making the case that traders at a handful of big banks conspired to profit from manipulating Libor, the benchmark once used by banks to set interest rates.

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BBC.co.uk | 27. 01. 2022 23:41:43 | Business

Matthew Connolly and Gavin Black have been acquitted of rate rigging by a US court.

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SkyNews.com | 27. 01. 2022 23:37:23 | Business

Apple has shrugged off the impact of chip shortages to deliver record quarterly sales of $123.9bn and said the constraints will start to ease.

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Nytimes.com | 27. 01. 2022 22:57:16 | Business

The company’s revenue and profit beat Wall Street expectations, easing concerns that supply chain issues and the coronavirus were a drag on sales.

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Nytimes.com | 27. 01. 2022 22:46:52 | Business

The agency cited national security in revoking the license for the American subsidiary of a state-owned Chinese telecom operator.

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SkyNews.com | 27. 01. 2022 21:56:50 | Business

Supply chain bottlenecks have taken a bite out of McDonald's profits as it was forced to spend more money on chicken, beef and packaging material - and warned the pressure would intensify.

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Nytimes.com | 27. 01. 2022 21:15:13 | Business

A large proportion of working-age people, once seen as a demographic advantage, could turn into a burden if many of them are undereducated and underemployed.

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SkyNews.com | 27. 01. 2022 20:36:29 | Business

Boris Johnson will seek brief respite from his political survival fight next week when he meets technology company bosses to discuss the City's status as a listing destination.

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SkyNews.com | 27. 01. 2022 18:52:42 | Business

The boss of the largest sports crypto-currency trading platform has defended a business model that has generated millions of dollars in new revenue for football clubs and sports leagues, but drawn criticism that it tempts supporters into high-risk, opaque investments.

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Nytimes.com | 27. 01. 2022 18:51:50 | Business

Marcelo Claure became a close confidant of SoftBank’s founder and played a singular role at the Japanese conglomerate. He was seeking roughly $2 billion over several years.

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BBC.co.uk | 27. 01. 2022 18:33:43 | Business

Business Secretary Kwasi Kwarteng says a National Insurance rise to fund the NHS will go ahead.

Source: BBC.co.uk

Nytimes.com | 27. 01. 2022 18:26:53 | Business

Profit soared 59 percent from a year earlier, to $7.5 billion.

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SkyNews.com | 27. 01. 2022 17:06:22 | Business

The US grew at its strongest pace since 1984 last year as it bounced back from 2020's pandemic-driven downturn, official figures show.

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Nytimes.com | 27. 01. 2022 16:17:40 | Business

The S&P 500 rose 1.4 percent in early trading, after posting a second day of losses on Wednesday, while the Nasdaq composite rose 1.3 percent.

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Nytimes.com | 27. 01. 2022 16:17:39 | Business

The trading platform, which will report its earnings on Thursday, is still contending with lawsuits, trading restrictions and regulatory scrutiny.

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SkyNews.com | 27. 01. 2022 15:52:19 | Business

The Forestry Commission is in line for a multimillion pound windfall from a prospective sale of Britain's biggest standalone provider of forest-based cabin and lodge vacations.

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Nytimes.com | 27. 01. 2022 15:51:52 | Business

The S&P 500 rose 1.4 percent in early trading, after posting a second day of losses on Wednesday, while the Nasdaq composite rose 1.3 percent.

Source: Nytimes.com

BBC.co.uk | 27. 01. 2022 15:27:23 | Business

Economic activity jumped by 6.9% in the last three months of last year, beating forecasts.

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BBC.co.uk | 27. 01. 2022 15:12:54 | Business

India's iconic national carrier has officially been handed over to its original founders, the Tata Group.

Source: BBC.co.uk

Nytimes.com | 27. 01. 2022 14:36:46 | Business

The overall 2021 increase in the gross domestic product was the biggest in decades as the pandemic’s effects eased, though challenges continue.

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Nytimes.com | 27. 01. 2022 14:31:51 | Business

The two automakers and Mitsubishi plan to strengthen their alliance by adding 35 electric models to their lineups by 2030.

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Nytimes.com | 27. 01. 2022 14:31:49 | Business

The painting, which last sold in 1963 for $26,000, is part of a sale of works by old masters Thursday.

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