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JP Morgan boss Jamie Dimon sounds warning on US stock market fall
Simon JackBusiness editor and Michael Sheils McNamee Watch: ‘I’m more worried than others about stock market fall’, says JP Morgan boss There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC. Jamie Dimon, who leads America’s…
Airbnb fined £56m by Spain for advertising unlicensed properties
The Spanish government has fined property rentals giant Airbnb €64m (£56m) for advertising unlicensed apartments. It also said that some of the properties advertised in the popular tourist destination were banned from being rented. The fine means that Airbnb has to withdraw the adverts promoting unlicensed properties. Although the Consumer Affairs Ministry said the fine…
BP names new boss as current CEO leaves after less than two years
Archie Mitchell and Josh MartinBusiness reporters Reuters Newly appointed BP chief executive Meg O’Neill currently runs Australian oil and gas firm Woodside Energy BP has appointed a new chief executive, making Meg O’Neill the first woman to run a major global oil firm. The London-based energy giant said its current boss Murray Auchincloss would step…
