Business

Uber probed over gender discrimination

[ad_1] Image copyright Reuters Ride hailing firm Uber is being investigated by US authorities over a complaint about gender discrimination, the BBC understands. As first reported in the Wall Street Journal, the US Equal Employment Opportunity Commission began investigating the firm in August 2017.Investigators have been interviewing former and current Uber employees and seeking documents from the firm.Uber told the BBC it was "continually improving" in terms of diversity. [ad_2]
Business

EU calls for more open Chinese economy

[ad_1] Image copyright AFP Image caption Mr Juncker and Mr Tusk were at an annual EU-China summit China should make its economy more open to foreign firms, European Commission President Jean-Claude Juncker has said while on a visit to Beijing.Mr Juncker was accompanied by the President of the European Council, Donald Tusk, who warned that worsening trade tensions could lead to conflict.They were met by Chinese Premier Li Keqiang, who
Business

UK unveils new Tempest fighter jet model

[ad_1] Image copyright PA Image caption Gavin Williamson unveiling a model of the Tempest jet at Farnborough A model of the UK's planned new fighter jet, the Tempest, has been unveiled at the Farnborough Air Show. The UK's Defence Secretary, Gavin Williamson, said the jet could be used with either pilots or as a drone. The aircraft, which will eventually replace the existing Typhoon fighter jet, will be developed and
Business

Airbnb told to be clearer on total cost of bookings

[ad_1] Image copyright Getty Images Airbnb has been warned that its terms and conditions fall foul of EU consumer rules, especially on pricing.The European Commission has told the firm to tell consumers up-front the total cost of renting a property, including service and cleaning charges.When this is not possible, it should at least warn them that there may be additional sums to pay later.Airbnb should also make clear if the
Business

Amazon Prime Day deals ‘not what they seem’

[ad_1] Image copyright Getty Images Image caption Amazon employed singer Ariane Grande to promote Prime Day Shoppers thinking of taking part in internet giant Amazon's Prime Day are being warned that not all the items on sale could be the bargains they seem.Consumer group Which? said that the goods are often cheaper at other times of the year.Amazon Prime Day - aimed at subscribers to the Prime shopping service -
Business

National Savings to cut Direct ISA rate

[ad_1] Image copyright Getty Images National Savings and Investments (NS&I) is cutting the interest rate it pays on its Direct Individual Savings Account (ISA), affecting nearly 400,000 savers.From 24 September, NS&I will reduce the rate on its Direct ISA from 1.00% to 0.75%.Some 387,000 people held Direct ISA accounts in March this year, holding a total of £4.6bn.NS&I said the decision to cut the rate was taken in order "to
Business

Debenhams shares hit by insurance fears

[ad_1] Image copyright AFP Shares in department store chain Debenhams have fallen more than 5% following reports that some insurers have reduced cover for its suppliers.The Sunday Times said the retailer was facing "a cash crunch" because some credit insurers had tightened their terms for Debenhams suppliers.Suppliers use credit insurance to cover them from the risk of not being paid.However, Debenhams reiterated that its balance sheet and cash position were
Business

China’s second quarter growth meets expectations at 6.7%

[ad_1] Image copyright Getty Images China's economy grew at an annual pace of 6.7% in the three months to June, official data showed, meeting forecasts for the period. That marked a slight slowdown from a 6.8% expansion recorded in the previous quarter.The data comes as the government fights to contain ballooning debt and as trade tensions with the US escalate.The US raised the stakes in a trade war last week,
Business

Saving pounds: The rise of the budget gym

[ad_1] Image copyright Getty Images How do you spend your precious Sunday mornings? Catching up with friends? Taking much-needed rest? It's becoming increasingly likely you might leave the house for an early-morning workout. With more money than ever being spent on keeping fit, BBC News investigates who spends most on gym memberships, and what are the latest fitness trends.1. Europe is the largest fitness market in the worldWith a total