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DPD drivers take action in row over payments
Delivery firm DPD could face disruption to its services after some of its drivers began three days of action in a dispute over payments. The drivers involved are refusing to work for three days after DPD said it was cutting the amount it pays for deliveries of small parcels by 65p. One driver told the…
How nervous are investors about the stock market?
Every week it seems US financial markets are hit by another bout of fear. The latest worries spread this week from the banking sector in the US, after two regional lenders warned they would be hit by losses from alleged fraud. But before that, markets swooned over signs of rekindled US-China tensions, as the two…
Nvidia shares soar after beating earnings forecast
Chip giant Nvidia beat Wall Street’s expectations for revenue and upcoming sales, easing investor concerns about heavy artificial intelligence (AI) spending that have unsettled markets. In its quarterly earnings report on Wednesday, the firm said revenue for the three months to October jumped 62% to $57bn, driven by demand for its chips used in AI…
Why this month’s inflation figure matters for you
Lucy HookerBusiness Reporter Getty Images The cost of living is always important to our finances, but this month what is happening to prices will have a particular extra impact for millions of people. The September inflation figure reflects what has been happening to prices over the past year, and will affect how far your money…
Lamborghini swerves away from all-electric future
Theo LeggettInternational Business Correspondent Getty The boss of Lamborghini said enthusiasm for electric cars was declining The boss of Lamborghini has said its customers still want “the sound and the emotion” of internal combustion engines, and the company will use them in its cars for at least the next decade. Speaking to the BBC at…
Hotel adverts banned by watchdog over misleadingly cheap rooms
Archie MitchellBusiness reporter Getty Images Adverts by four of Britain’s biggest hotel and travel firms have been banned for stating misleading minimum prices for rooms. The Advertising Standards Authority (ASA) upheld complaints against the Hilton hotel group, Travelodge, Booking.com and Accor over their use of eye-catching so-called “from” prices. The watchdog found only a small…
