Business

Danone investigating Aptamil baby milk formula complaints

[ad_1] French food giant Danone is looking into reports that its Aptamil baby milk formula is making some infants ill. Aptamil recently changed the recipe of three of its baby milk formulas. Hundreds of parents in the UK have complained on social media that the revised formula milk is making their babies sick.Danone said it had carried out extensive safety checks, but added that it was "taking all feedback very
Business

Nissan admits falsifying emissions tests in Japan

[ad_1] Image copyright Getty Images Nissan has admitted that results from exhaust emissions tests on cars built at most of its Japanese factories have been deliberately falsified.The firm did not disclose how many cars were involved, but said emissions and fuel economy tests had "deviated from the prescribed testing environment".The carmaker added that inspection reports had been "based on altered measurement values".Nissan pledged there would be a "full and comprehensive
Business

Mothercare to close 60 outlets

[ad_1] Image copyright PA Struggling mother and baby products retailer Mothercare says it will be shutting 60 stores by June 2019, instead of the 50 previously earmarked for closure.The retailer said its Childrens World division was being placed into administration. However, 13 of its 22 stores, mainly in out-of-town locations, will transfer to other group companies and stay open.The closures will put 900 jobs at risk, up from the 800
Business

Xiaomi’s trading debut in Hong Kong disappoints

[ad_1] Image copyright Getty Images Shares in Chinese smartphone maker Xiaomi dropped some 6% at the beginning of its first day of trading on Hong Kong's stock market.The world's fourth-largest smartphone maker raised $4.7bn (£3.5bn), valuing the company at $54bn - just over half the target it set earlier this year.As the first of many Chinese tech firms to list in Hong Kong in 2018, it marks a disappointing start
Business

The polio survivor who became a healthcare boss

[ad_1] Image copyright Simplyhealth Image caption Romana Abdin started her working life as a lawyer The BBC's weekly The Boss series profiles a different business leader from around the world. This week we spoke to Romana Abdin, chief executive of private healthcare provider Simplyhealth.Romana Abdin was just three when she contracted polio, but she says "she was one of the lucky ones".She had to wear leg callipers for several years,
Business

Government outsourcing approach flawed, say MPs

[ad_1] Image copyright PA The government is prioritising cost over quality when outsourcing public sector contracts, leading to worse services, a committee of MPs says.The collapse of construction giant Carillion had exposed "fundamental flaws" in the outsourcing process, the Commons Public Administration and Constitutional Affairs Committee said.When Carillion failed in January, it had 420 UK public sector contracts.MPs said its collapse had "badly shaken public confidence in outsourcing". But it
Business

BP fuel stations ‘can’t take card payments’

[ad_1] Image copyright Getty Images BP fuel stations across the UK are currently unable to accept card payments, Highways England has said in a tweet.The agency said all motorway service areas with BP fuel stations are affected by the problem.Currently the fuel stations are only able to accept cash payments for fuel, it said, but did not say how long it expected the problem to continue.According to BP's website, there
Business

House prices: The areas where homes never cost £1m or more

[ad_1] Image copyright Rightmove Image caption Even the grandest of properties - like this one in Pendle - can be listed for less than £1m Tens of thousands of £1m-plus homes have been sold in the last 10 years - but in 16 areas of England and Wales no property topped the £1m mark.While one-bedroom flats can sell for millions in London, the most luxurious properties in areas from Gateshead
Business

The end of Brazil’s playboy billionaire

[ad_1] Image copyright Getty Images Image caption Eike Batista, seen here in his 2009 heyday, has swapped a view of Rio's shore for a jail cell This week the businessman who was once a symbol of an era of hope in Brazil was sentenced to 30-years in jail for corruption.Before his criminal conviction, maverick mining tycoon Eike Batista was widely considered Brazil's most daring and successful entrepreneur of a generation.But