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Amazon to separate second headquarters into two places – report | Expertise

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Amazon is planning to separate its second headquarters evenly between two places fairly than selecting one metropolis, the Wall Avenue Journal reported on Monday, citing an individual aware of the matter. The retailer beforehand introduced a deliberate funding…

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Primark heralds ‘placing’ gross sales figures however New Look says 85 shops will shut | Enterprise

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Primark has bucked the retail gloom with “placing” annual figures exhibiting that its “low-cost stylish” is drawing customers to the excessive avenue at a time when rivals are closing shops. The corporate stated gross sales at UK shops…

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New blow for UK automobile business as European components factories shut | Enterprise

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Greater than 1,400 British jobs are in danger after two European suppliers of automobile components, Schaeffler and Michelin, introduced plans to shut UK factories in a blow to the broader automotive business forward of Brexit. Schaeffler, the German…

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EU stumbles in plan to levy 3% digital tax on main corporations | Enterprise

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A European Union plan to tax Google, Fb and different web corporations dangers failure after a handful of member states introduced their opposition. EU international locations are learning proposals to levy a 3% tax on large web firms…

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BHP Billiton going through £5bn lawsuit from Brazilian victims of dam catastrophe | Atmosphere

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The worst environmental catastrophe in Brazil’s historical past has triggered one of many greatest authorized claims ever filed in a British court docket. The Anglo-Australian mining firm BHP Billiton is being sued for about £5bn by Brazilian victims…

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William Hill takes a giant punt on the US market | Enterprise

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Farewell to the FOBTs, if solely in supercharged kind. William Hill is off to the US to hunt its fortune. That, at the very least, was the gist of chief govt Philip Bowcock’s pitch to buyers that set…

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Qatari agency buys London’s Grosvenor Home resort | Enterprise

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A Qatari state-backed firm is to purchase the Grosvenor Home resort on London’s Park Lane, the most recent in a string of acquisitions of the capital’s trophy property. Katara Holdings, which is owned by the Qatar Funding Authority…

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Will we ever be capable of do away with paper receipts? | Cash

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You diligently recycle, you carry a reusable espresso cup and you’ve got sworn off plastic straws. But your pockets is full of crumpled scraps of paper recording all method of latest (and historical) transactions: the couple of quid…

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Drilling begins to faucet geothermal energy from Cornwall’s scorching rocks | Enterprise

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A trailblazing vitality undertaking has began drilling the UK’s deepest ever borehole in Cornwall in a bid to make use of warmth from scorching rocks as a zero-carbon supply of electrical energy. The group behind the £18m scheme…

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What does power worth cap imply for households and companies? | Cash

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What does the worth cap imply for me? Greater than half of households are on a default tariff, often called commonplace variable tariffs (SVT). In case you are on one – and also you in all probability are,…

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