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Bao Fan: Missing China billionaire banker resigns from all roles
He stepped down "for health reasons and to spend more time on his family affairs," the bank said in a statement.
Mr Bao's unexplained disappearance in February last year shocked China's business and investing community.…
Beauty giant Avon under fire over Russia links
The BBC has discovered the firm is still recruiting new sales agents in the country and continuing production in a huge plant in the Moscow region.
Avon, which has its headquarters in the UK, started doing business in Russia 30 years…
UK-Canada trade rift: What it means for cheese, beef and cars
Negotiations to thrash out a new agreement to replace the one the two countries had when the UK was still in the European Union had been running for nearly two years.
But on Thursday night, it emerged the UK had halted discussions, due…
Mining giants told to pay $9.7bn over Brazil dam disaster
The collapse of the Fundão dam in the south-east of the country caused a giant mudslide that killed 19 people.
It also severely polluted the Rio Doce river, compromising the waterway to its outlet in the Atlantic Ocean.
It was not…
SK-II skincare sales hurt by anti-Japan sentiment in China
In addition to China's slow recovery, the firm's executives blamed anti-Japanese sentiment.
Last year, Japan started releasing treated radioactive water from its Fukushima nuclear power plant which was hit by a huge tsunami in 2011.…
Netflix password crackdown fuels sign-up surge
The streaming giant added more than 13.1 million subscriptions in the three months ended in December.
That was the most for any quarter since 2020, extending a streak of growth that started last year.
Netflix said it was confident in…
Amazon fined for ‘excessive’ surveillance of workers
The CNIL said Amazon France Logistique, which manages warehouses, recorded data captured by workers' handheld scanners.
It found Amazon tracked activity so precisely that it led to workers having to potentially justify each break.…
Spotify attacks Apple’s ‘outrageous’ 27% commission
On Wednesday, Apple announced it would permit app developers to sell products in places other than its own store - but only if they still paid commission.
Spotify said that was "outrageous" and accused Apple of "stopping at nothing" to…
Fujitsu rules itself out of UK public contract bids during Post Office inquiry
Minister Alex Burghart said the technology firm had written to the Cabinet Office to inform it of the decision.
Fujitsu developed the Horizon software used by the Post Office which was later found to be faulty.
It is linked to one of…
Sheryl Sandberg to step down from Meta board
Ms Sandberg, one of the most high-profile women in the tech industry, said that "this feels like the right time to step away" as Meta is "well-positioned for the future".
She will serve as an informal advisor to the company going…
Japan Airlines appoints ex-flight attendant as first female president
Mitsuko Tottori joined the flag carrier as a flight attendant in 1985, before working her way up.
She said she hoped her promotion would give other women the courage to pursue the next step in their careers.
Despite some improvements,…
Apple watch: US upholds ban on sale over patent dispute
The tech giant was earlier allowed to sell its Series 9 and Ultra 2 watches while proceedings were ongoing - but a US appeals court has since reversed that decision.
Imports of watches are also affected.
On Thursday, Apple said it…
How AI is helping to prevent three buses turning up at once
This phenomenon is known as "bus bunching", and it can be annoying.
To try to alleviate the problem, UK operator First Bus, which runs bus services across the UK, has turned to artificial intelligence (AI) powered software to design and…
Diddy and drinks giant Diageo settle dispute over tequila
The drinks giant ended its partnership with Mr Combs in June after he sued the firm, accusing it of neglecting his tequila brand due to his race.
A joint statement on Tuesday confirmed Mr Combs had withdrawn all of his allegations…
Why there’s a boom for damp-busting machines
"I couldn't breathe properly, my chest hurt," says Mrs Martin, an artist who lives in the Midlands. It was time to fire up her dehumidifier. After cleaning the mould off and letting the machine do its work, she soon noticed a difference in…
AI to hit 40% of jobs and worsen inequality, IMF says
IMF's managing director Kristalina Georgieva says "in most scenarios, AI will likely worsen overall inequality".
Ms Georgieva adds that policymakers should address the "troubling trend" to "prevent the technology from further stoking…
Google’s billions make job cuts ‘needless’ – union
Jobs are going on teams working on health tracker Fitbit, the voice-controlled Google Assistant and hardware such as augmented reality.
The exact number of job losses is unclear, although Google confirmed to the Verge it had closed "a few…
Bitcoin: Crypto fans can now invest in exchange-traded funds – but what are they?
It has approved what are known as spot Bitcoin exchange-traded funds (ETFs), which can be purchased by anyone from pension funds to ordinary investors.
The announcement from the head of the Securities and Exchange Commission was…
Global risks 2024: What are the key geopolitical risks this year?
The World Economic Forum (WEF)’s Global Risks 2024 report, published on 10 January, sheds some much-needed light on some of the key risks and issues the global economy is likely to face this year and in the coming years.
According to the…
Global unemployment expected to grow this year, despite dip in 2023
nemployment and job gap rates have dipped below pre-pandemic levels, according to a new report by the International Labour Organization (ILO).
The job gap rate refers to the number of people without jobs who are actively seeking…