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Oil back above $100 as conflicting reports emerge on US-Iran talks
Posted onIn morning trading, Japan’s Nikkei 225 was 0.8% higher, the Hang Seng in Hong Kong was up by 1.6%, while South Korea’s Kospi rose by 2.2%. They had fallen sharply on Monday as Asian countries are heavily dependent on oil and gas that would normally pass through the strait.
Virgin Media fined £24m for leaving vulnerable customers at risk of harm
Posted onArchie MitchellBusiness reporter Getty Images Virgin Media has been fined £23.8m for leaving thousands of customers without access to lifesaving telecare alarms during the digital switchover. Communications watchdog Ofcom fined the telecoms giant after ruling it failed to protect vulnerable users of the devices, typically elderly and disabled people, during the transition from analogue to…
Jaguar Land Rover to restart production on Wednesday after cyber-attack
Posted onCarmaker Jaguar Land Rover (JLR) has confirmed that output at some of its manufacturing sites will resume on Wednesday, as it continues to recover from a serious cyber-attack. Its production lines have been at a standstill since the start of September, following the attack. The phased return of staff will begin at some sites in…
Trump renews threat to impose 100% tariffs on non-US made movies
Posted onDonald Trump has repeated his threat to impose a 100% tariff on all films not made in the US, claiming the American industry had been “stolen” by other countries. He said on Monday that California had been heavily affected and the levy would “solve this long time, never ending problem”. In May, the US president…
