OUR NEWS

February 17, 2020

France has warned Britain to expect a bruising battle with the EU in post-Brexit trade negotiations.

French Foreign Minister Jean-Yves Le Drian predicted the two sides would "rip each other apart" as they strove for advantage in the negotiations.

He also said it would be tough for the UK to achieve its aim of agreeing a free trade deal by the end of the year.

The UK government said it wanted a deal based on "friendly co-operation betwe...

February 14, 2020

The boss of Facebook says he accepts tech giants may have to pay more tax in Europe in future and recognises people's "frustration" over the issue.

Mark Zuckerberg also said he backed plans by think tank the Organisation for Economic Co-operation and Development to find a global solution.

Facebook and others have been accused of not paying their fair share of tax in countries where they operate.

But some say the OECD is moving too slow...

February 12, 2020

The European Parliament has approved a tough opening position for talks with the UK on its future relationship with the EU.

MEPs called on the UK to follow EU policies in a host of areas as the price for an ambitious free trade deal.

These range from chemicals regulation to climate change, food labelling and subsidies for companies.

This should be with "a view to dynamic alignment" - code for the UK adopting European rules as they are...

February 10, 2020

The UK's taxi app market has stepped up a gear with the launch of Indian firm Ola's services in London.

The ride-hailing company began operating in Cardiff in 2018 and has since spread to other UK locations.

It has its sights trained on US-based rival Uber, which is appealing against a decision to end its London licence following repeated safety failures.

But one expert sees the sector as a "winner-take-all" market that can only be pro...

January 31, 2020

US commerce secretary Wilbur Ross has said the deadly coronavirus outbreak in China could be positive for the American economy.

During a TV interview Mr Ross said: "I think it will help to accelerate the return of jobs to North America".

The rapid spread of the disease has raised fears about its impact on the Chinese economy and global growth.

The comments have come under fire from critics of President Trump's administration.

In respons...

January 29, 2020

Starbucks has closed half of its outlets in China to protect its staff and support government efforts to contain the coronavirus.

The coffee shop chain warned that the rapidly expanding infection is likely to affect its financial performance.

Starbucks has almost 4,300 outlets in China, making it the company's largest market outside the US.

The number of deaths from the virus has risen to more than 130 and almost 6,000 confirmed infect...

January 8, 2020

The UK and the EU will remain the "best of friends" but they will "not be as close as before" after Brexit, the new European Commission president says.

Speaking ahead of talks with the PM, Ursula von der Leyen warned it would be "impossible" to reach a comprehensive trade deal by the end of 2020.

She said if the deadline was not extended it was not a case of "all or nothing", but of priorities.

But Boris Johnson has insisted a deal is...

January 7, 2020

Iranians have reported being harassed by US border officials amid diplomatic tensions following last week's US assassination of Iranian General Qasem Soleimani.

Several travellers of Iranian heritage told BBC News they faced inappropriate questions about their views.

One group said they were stopped for hours at the Canadian-US border at the weekend.

Democratic US lawmakers condemned the alleged incidents.

Around 60 Iranians and Iranian...

December 16, 2019

British Airways pilots have struck a deal with the airline over a dispute over pay and conditions that led to a mass walkout in September.

Members of the British Airline Pilots' Association (Balpa) and BA reached a tentative deal last month, which reportedly promised an 11.5% pay rise over three years.

On Monday, pilots voted by nearly nine to one to accept the new deal.

But neither Balpa nor BA would confirm the terms of the pay agree...

December 13, 2019

The US and China have announced a preliminary trade agreement.

The so-called phase one deal will see billions of dollars in tariffs removed or delayed.

US stocks hit a fresh record on hopes there will be a continued softening of trade tensions between the world's two largest economies.

A fresh wave of US tariffs on Chinese imports was due to take effect on Sunday. However, this has been cancelled for now.

"We will begin negotiations on...

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