Business

US tax bill: Republicans agree sweeping changes

Image copyright Getty Images Image caption Kevin Brady, chairman of the House Ways and Means Committee, revealed details of the final bill to reporters US Republicans from both houses of Congress have revealed their joint bill for the biggest overhaul of the country’s tax system in 30 years. The plan brings the US corporate tax […]

Business

Sleep in a showroom

Image copyright Simon Groves Image caption Guests get to sleep over in a John Lewis store As more of us shop online, retailers are using quirky events and experiences to lure us back to the High Street. But will it work? To many, the idea of spending a night in an empty shop will conjure […]

Business

Britvic confirms Norwich factory closure

Image caption Britvic co-owns the site with Unilever, which owns Colman’s Mustard Britvic has confirmed it will leave its Norwich site, with a loss of hundreds of jobs in the city, in 2019. The drinks manufacturer, which co-owns Carrow Works with Unilever, said it would transfer production of Robinsons and Fruit Shoot to its other […]

Business

Unilever sells margarine business to KKR for £6bn

Image copyright Newscast Unilever has agreed to sell its margarine and spreads business, which include Flora and ProActiv, to private equity giant KKR for €6.8bn ($8bn, £6bn). The move follows a wide-ranging review of its business which was prompted by a takeover attempt by rival Kraft. Unilever said it would look for a buyer of […]

Business

Digitally preserving Africa's artefacts

Preserving history and sharing cultural heritage has been the main objective for museums across the globe for years. And in an attempt to bridge the gap between history and the age of high technology, the National Museum of Kenya has started a new programme to digitally preserve African artefacts. The BBC’s Jessica Preyser has been […]

Business

Turning the cactus into a cash crop

Food technologist and entrepreneur Dr Evelyn Okoth has taken the humble cactus and positioned it as an up-and-coming cash crop. From the fruit, she makes a host of products such as yogurts, jams and wine. The BBC’s Africa Business Report went along to her workplace in Nairobi, Kenya, to find out more. Source link

Business

Airbus chief Tom Enders to leave after power struggle

Image copyright Reuters Image caption Plans to find an successor to Tom Enders are underway, Airbus says European planemaker Airbus has unveiled a shake-up of its top management team. Chief executive Tom Enders will not seek re-election when his term expires in 2019, the company said. Meanwhile, Fabrice Bregier, chief operating officer and head of […]

Business

Ryanair moves towards recognising pilot unions

Media playback is unsupported on your device Media captionRyanair tells Today the airline is moving to recognise unions as it’s “time for change” Ryanair has said it is prepared to recognise pilot unions as it seeks to avoid strike disruption over the Christmas period. Earlier this week, 79 Dublin-based Ryanair pilots had said they would […]

Business

Families 'struggle' without washing machines

Image copyright Getty Images Some households face an “intolerable struggle” as they are living without basic household appliances, a charity has said. Some did not have the money to buy or replace washing machines, cookers and fridges, the Turn2Us charity said. Others rely on high-cost credit, such as hire purchase, to have these appliances in […]