Company director jailed over £7m airline parts fraud

“Bio-based polymers, bamboo fibres and organic cotton all come with higher raw material and processing costs than traditional plastics, while the supply chains for these sustainable inputs are still immature, making prices volatile and challenging for mass market brands,” she says.

“Coming on top of last year’s hike, this is likely to raise impact costs for traders, hedgers and arbitrageurs. This could cool derivative activity and lead to a reduction in volumes,” said Shripal Shah, managing director and CEO of Kotak Securities.

Taiwan says it will block access to popular Chinese social media app RedNote or Xiaohongshu for one year following concerns over online shopping scams. The island’s Criminal Investigation Bureau said Thursday it detected more than 1,700 fraud cases on the app since last year, with total losses worth more than NT$247m (£5.9m; $7.9m), local media…

AOL is shutting down the dial-up service that introduced homes across the US to the internet. The firm’s dial-up offering connects to the internet via a phone line and currently only exists in the US and Canada. Launched more than 30 years ago, AOL dial-up was known for its chirpy whirring start-up sound, but it…