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Why the US is buying icebreakers from Finland
Posted onAdrienne MurrayBusiness reporter, Helsinki Aker Arctic Technology Finland leads the world when it comes to the design and construction of icebreakers As President Donald Trump continues to insist that the US needs to own Greenland, his wider focus on the Arctic region has seen Washington order new icebreakers. For these ships, which can sail through…
Retail sales fall as Black Friday deals fail to lure shoppers
Posted onJosh MartinBusiness reporter Getty Images Retail sales fell unexpectedly in November as Black Friday discounts failed to boost spending, official figures show. Supermarket sales fell for the fourth month in a row, while discounts at retailers across November did not lift Black Friday spending as much as in recent years, the Office for National Statistics…
China’s unemployed young adults who are pretending to have jobs
Posted onSylvia Chang BBC News Chinese, Hong Kong BBC Shui Zhou pays to go into an office every day No-one would want to work without getting a salary, or even worse – having to pay to be there. Yet paying companies so you can pretend to work for them has become popular among young, unemployed adults…
Suppliers want help for billpayers as energy prices rise
Posted onKevin PeacheyCost of living correspondent Getty Images A rise in gas and electricity prices has prompted energy suppliers to call for “enduring” targeted support for those in financial difficulty. Energy costs are up 2% from Wednesday for millions of people in England, Wales and Scotland as regulator Ofgem’s latest price cap come into effect. Campaigners…
