Category Archives: Business

Trump names Mel Gibson, Jon Voight and Sylvester Stallone as Hollywood ‘special ambassadors’

Posted on by

Duties remain unclear for the three actors, who are Trump supporters and are no strangers to controversy

Donald Trump has tapped three of his longstanding celebrity supporters – Mel Gibson, Jon Voight and Sylvester Stallone – to purportedly make Hollywood “stronger than ever before” as “special ambassadors” to the movie capital.

The president-elect announced the new appointments, whose duties remain unclear, on Truth Social on Thursday, four days before his inauguration. “It is my honor to announce Jon Voight, Mel Gibson, and Sylvester Stallone, to be Special Ambassadors to a great but very troubled place, Hollywood, California,” he wrote.

Continue reading...

Donald Trump reportedly weighing up TikTok ban delay

Posted on by

President-elect ‘has warm spot’ for platform and wants political solution to ‘preserve app but protect data’

Donald Trump is considering suspending a TikTok ban in the US with an executive order when he enters the White House on 20 January, according to a report.

The president-elect is exploring an executive order that would postpone enforcement of a sale-or-ban law due to come into force on 19 January, said the Washington Post. The report added, however, that Trump’s legal grounds for suspending a law passed by Congress are questionable.

Continue reading...

Woolworths sacks two workers and investigates dozens over alleged conduct during 17-day strike

Posted on by

Letters seen by Guardian Australia focus on alleged pickets on 26 November outside warehouses that were not then on strike

Two workers have been dismissed and Woolworths has told dozens of warehouse employees it is investigating their alleged conduct during a recent 17-day strike that cost it more than $100m in sales.

In November 2024, about 1,500 warehouse staff across four of the company’s distribution centres in New South Wales and Victoria took industrial action over pay and workplace conditions.

Sign up for Guardian Australia’s breaking news email

Continue reading...

Sunbury-on-Thames sees biggest house price rise in UK in 2024

Posted on by

Surrey town saw 12.5% increase in asking prices last year with rest of UK rising just 1.4%, according to Rightmove

It’s very name conjures images of warmth, and now Sunbury-on-Thames has been named as a property hotspot. According to listings website Rightmove, the Surrey town recorded the biggest rise in asking prices in Great Britain last year, registering a 12.5% leap in the average, from £527,005 to £592,976.

The town has long been popular with commuters, as it takes less than an hour to travel into London Waterloo station, and is close to the recently expanded Shepperton Studios, which now claims to be the second biggest film studio in the world.

Continue reading...

3M knew firefighting foams containing PFAS were toxic, documents show

Posted on by

Exclusive: Newly uncovered documents reveal chemicals giant was aware ‘environmentally neutral’ products did not biodegrade

The multibillion-dollar chemicals company 3M told customers its firefighting foams were harmless and biodegradable when it knew they contained toxic substances so persistent they are now known as “forever chemicals” and banned in many countries including the UK, newly uncovered documents show.

From the 1960s until 2003, 3M made foams containing PFOS and PFOA (perfluorooctane sulfonate and perfluorooctanoic acid), synthetic chemicals that can take tens of thousands of years to degrade in the environment and have been linked to cancers and a range of other health problems such as thyroid disease, high cholesterol, hormonal problems and fertility issues.

Continue reading...

Royal Mail on track to return to annual profit after strong Christmas

Posted on by

Owner highlights parcel deliveries performance as £3.6bn takeover by Czech billionaire nears completion

The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its £3.6bn takeover by the Czech billionaire Daniel Křetínský nears completion.

International Distribution Services (IDS) said Royal Mail delivered more than 99% of items sent on or before the recommended last posting dates in time for Christmas.

Continue reading...

German economy shrinks for second year in a row

Posted on by

First consecutive year of declining GDP since early 2000s highlights challenges facing next government

• Business live – latest updates

Germany’s economy has shrunk for a second consecutive year for the first time in more than two decades, highlighting the challenges the next government will face after snap elections in February.

As voters prepare to head to the polls amid heightened political uncertainty in Europe’s largest economy, official figures showed gross domestic product fell by 0.2% last year after dropping by 0.3% in 2023.

Continue reading...

Escalating armed conflict is most urgent threat for world in 2025, say global leaders

Posted on by

World Economic Forum says responses from experts in business, politics and academia also highlight climate crisis

Global leaders have said that escalating armed conflict is the most urgent threat in 2025 but the climate emergency is expected to cause the greatest concern over the next decade, according to the World Economic Forum.

Ahead of its yearly gathering in the Swiss ski resort of Davos next week, the WEF asked more than 900 leaders from business, politics and academia about the risks that most concern them.

Continue reading...

Halt illegal imports of conflict minerals from DRC, campaigners urge EU

Posted on by

Law to stop armed groups profiting from trade in gold, tin, tungsten and tantalum is being breached, rights groups say

The European Union has been urged to clamp down on illegal imports of conflict minerals from the Democratic Republic of the Congo (DRC) after evidence was found that current regulations had been breached.

The advocacy group Global Witness (GW) said there remained a “high risk” of the EU’s mineral imports being used to fund militias and state repression in several countries.

Continue reading...

Australia news live: delays up to 70 minutes on Sydney trains as industrial action begins; Hume says Coalition would cut ‘bloated bureaucracy’

Posted on by

‘Passengers should expect delays, service cancellations and large service gaps’ across Sydney today, NSW TrainLink warns. Follow today’s news live

Wong ‘absolutely confident’ government can work with Trump as US president

Moving to another topic, Penny Wong was asked about her invite to Donald Trump’s inauguration in the US, and responded:

Donald Trump has been elected President of the United States, and I’m honoured, on behalf of the country, to have been invited to his inauguration.

This includes humane treatment and the right to a fair trial. So that is their obligation, [and] we will look at the facts when they have been ascertained.

But I want to be clear, all options are on the table. Those options include expelling the ambassador and recalling Australia’s ambassador in Russia … I need, as the foreign minister, to identify and ascertain the facts beforehand.

Continue reading...

Frasers Group says two-thirds of retail staff are still on zero-hours contracts

Posted on by

MPs examining plans for legislation were told 11,500 staff on the contracts, which do not guarantee weekly shifts

The owner of Sports Direct has confirmed that two-thirds of its retail workforce remain on zero-hours contracts ahead of new legislation designed to limit their use.

Frasers Group told MPs who are examining plans to strengthen protection for employees that 11,500 staff were on the contracts, which do not guarantee any weekly working shifts, and did not receive compensation even if shifts were changed at the last minute.

Continue reading...

UK bans German meat and dairy products after foot-and-mouth case

Posted on by

Import of pork, lamb and beef as well as live cattle, sheep and pigs suspended amid outbreak near Berlin

Britain has banned imports of German pork, lamb, beef and dairy products to prevent foot-and-mouth disease spreading to the UK after a case of the disease was confirmed last Friday on the outskirts of Berlin.

As well as prohibiting imports of ham, bacon, salami and cheese, the measure bans the import of live cattle, sheep and pigs, along with other animals which are susceptible to foot-and-mouth. No health certificates will be issued by Britain for fresh meat from Germany.

Continue reading...

Australia news live: SpaceX debris disrupts Qantas flights from Sydney to South Africa

Posted on by

Follow today’s news live

Rowland reacts to number of women preselected by Liberal party to replace retiring MPs

Michelle Rowland was also asked about the fact just one woman has been preselected to replace eight Liberal MPs who are retiring at the next election. Is she disappointed by this?

Clearly, Peter Dutton talks a big game when it comes to these issues, but the reality is borne out by the fact that they continue to overlook women for public office … For my mind, that says everything about Peter Dutton being stuck in the past, just as he’s stuck in the past around the national broadband network, his response to this announcement is to call it a joke, which is an insult to regional communities.

Continue reading...

Surrey councillors ask ministers to ‘write off’ Woking’s £1bn debt

Posted on by

Taxpayers asked to shoulder burden as beleaguered council expected to merge with neighbouring authorities

Taxpayers are being asked to shoulder £1bn in debt amassed by a bankrupt Surrey council that will be merged in the government’s plan for the biggest transfer of powers to England’s regions this century.

Posing a fresh financial headache for the government, councillors in Surrey have requested that ministers “write off” £1bn in debt held by troubled Woking borough council to enable a merger between the county’s 12 local authorities.

Continue reading...

Ryanair calls for limit of two alcoholic drinks at airports in Europe

Posted on by

Airline asks authorities to impose new curbs as it seeks to recover €15,000 in costs related to diverted flight

Ryanair wants a limit of two alcoholic drinks at airports, as the airline released further details of legal action to recover €15,000 (£12,615) in costs related to a diversion it said was caused by an allegedly disruptive passenger.

The airline has called on European authorities to bring in new curbs on alcohol to stop passengers getting drunk before boarding a plane.

Continue reading...

Oliviero Toscani, photographer behind provocative Benetton ads, dies aged 82

Posted on by

Tributes paid to Italian known for images that drew attention to social themes including HIV/Aids and racism

Tributes have been paid to Oliviero Toscani, the Italian fashion photographer renowned for the provocative images used in Benetton’s advertising campaigns, who has died aged 82.

Toscani, who for two decades was the art director of the global clothing chain, died on Monday after being hospitalised close to his home in the Tuscan town of Cecina.

Continue reading...

Business confidence falling in UK and eurozone, recruiters warn

Posted on by

Fears over UK growth and political uncertainty in France and Germany making firms reluctant to hire staff

Recruitment companies have warned about declining confidence across Europe and the UK, as political uncertainty adds to concerns about economic growth.

The FTSE 250 recruiter PageGroup said on Monday that profits had dropped by nearly a quarter in Germany and 17% in France during the last three months of 2024, compared with the same period in 2023. Its UK profits fell by 14%, as companies grew more nervous about taking on new staff.

Continue reading...

Apple asks investors to block proposal to scrap diversity programmes

Posted on by

Conservative thinktank wants firm to end its DEI efforts because they create ‘litigation, reputational and financial risks’

Apple has asked shareholders to vote against a proposal to scrap its diversity, equity and inclusion programmes, as tech rivals scale back similar schemes before Donald Trump’s return to the White House.

The National Center for Public Policy Research, a conservative thinktank, wants the iPhone maker to end its DEI efforts because they expose companies to “litigation, reputational and financial risks”. The proposal will be voted on at Apple’s annual general meeting on 25 February.

Continue reading...

Lloyds bankers could face bonus cut if not in office two days a week

Posted on by

Group reviews office attendance as part of performance-related bonus targets forsenior employees

Senior bankers at Lloyds could be at risk of having their bonuses docked if they fail to follow company orders to be in the office at least two days a week.

Lloyds Banking Group – which owns the Halifax, Lloyds and Bank of Scotland brands – has confirmed it is reviewing office attendance as part of performance-related bonus targets for its most senior employees. That includes hybrid staff who, in 2023, were ordered to be in the office at least 40% of the time, which typically amounts to two days a week for those on full-time contracts.

Continue reading...

One in six UK workers skipping meals to make ends meet, says TUC

Posted on by

Trade unions body finds 17% have skipped meal in past three months, and as many as 10% do so most days

As many as one in six workers in Britain are skipping meals to make ends meet as households remain under pressure from the higher cost of groceries, energy and other essentials.

Highlighting the impact of the cost of living crisis on working households, figures from the Trades Union Congress (TUC) showed 17% of full- or part-time workers had skipped a meal to reduce their spending in the past three months.

Continue reading...