Business

How the humble brick built the world

[ad_1] Image copyright Getty Images Image caption Rome's Colosseum is made of various materials including limestone, concrete and brick "I found Rome a city of bricks and left it a city of marble," the first Roman Emperor, Caesar Augustus, is said to have boasted 2,000 years ago. If he did, he was exaggerating. As UCLA's Prof Diane Favro and others have argued, although he did build or at least begin
Business

The firms turning their workers into owners

[ad_1] Image copyright Getty Images Image caption Julian Richer gave staff 60% of his company, Richer Sounds In the past few weeks a few employees have suddenly found they didn't just work for their company, they owned a bit of it too.The owner and founder of Richer Sounds, Julian Richer, used a special trust to give his 500 staff a 60% stake in the business and a £3.5m handout.Engineering company
Business

HP buys US supercomputer maker Cray Inc

[ad_1] Image copyright Getty Images Image caption A Cray supercomputer is used by the Met Office for weather forecasting. Hewlett Packard Enterprise (HPE) has bought Cray Inc, maker of some of the fastest supercomputers in the world.Cray Inc's machines are capable of processing trillions of calculations per second and have been used by the UK's Met Office and GCHQ.Shares in Cray jumped by 18% after announcing the $1.3bn (£1bn) deal.HPE
Business

‘Booth babes’ cause controversy at business show

[ad_1] Image copyright VLSA Image caption The VLSA stand at Business Show 2019 Whether it's effective, inappropriate or both, some firms still use women in skimpy dresses to market their wares.Visitors to this week's Business Show 2019 have expressed surprise and dismay that an exhibitor used "booth babes" to attract attention to their stand.The event was held at ExCeL London and was billed as the "the biggest business event in
Business

Trump delays tariffs on car imports

[ad_1] Image copyright Getty Images US President Donald Trump has delayed a decision on whether to impose tariffs on imports of cars and car parts.The White House has put back the decision by six months to allow more time for trade talks with the European Union and Japan.Tariffs of up to 25% on imported cars and car parts were under consideration.The Commerce Department had been looking into whether imports were
Business

Pound slides to four-month low after Brexit talks end

[ad_1] Image copyright Getty Images The pound has sunk to a four-month low against the dollar after cross-party Brexit talks between the Conservatives and Labour collapsed.By midday, the pound was 0.33% lower against the dollar at $1.2756 and on track for its worst week in a year. The pound is 1.85% lower this week, its steepest decline since February last year when it fell by more than 2%.Its fall reflects
Business

Thomas Cook shares ‘worthless’, says Citigroup

[ad_1] Image copyright AFP Shares in Thomas Cook have plunged 30% after analysts at a bank said the travel firm's shares were "worthless". Thomas Cook's tour operations and airline are worth £738m, but its debt is around the same "and implies zero equity value", according to Citigroup.Citigroup's damning conclusion comes a day after Thomas Cook issued its third profit warning in less than a year and reported a £1.5bn half-year
Business

EasyJet chief defends Champions League final flight costs

[ad_1] Image copyright Tim Anderson / EasyJet EasyJet's chief executive, Johan Lundgren, has defended his airline's high ticket prices to fly to Madrid for the Champions League final between Tottenham and Liverpool on 1 June.Football fans complained to BBC Radio 5 live that flights around that date cost £1,000 instead of £250 normally.But Mr Lundgren said the price was higher than average because there had been an "enormous" surge in
Business

Amazon invests in Deliveroo – BBC News

[ad_1] Image copyright Getty Images Online giant Amazon has announced a big investment in food courier DeliverooIt is part of the delivery firm's latest efforts to raise funds, securing $575m (£450m) in total from investors.Deliveroo said it would use the money for international expansion, investment in service and development of its delivery-only kitchens.Amazon will be investing alongside US current backers T Rowe Price and Fidelity and takes the total Deliveroo
Business

LGBT harassment at work widespread, TUC survey suggests

[ad_1] Image copyright Getty Images More than two-thirds of LGBT people in the UK have been sexually harassed at work, a survey suggests. Of 1,151 polled by the Trades Union Congress, 68% said they had experienced harassment, with 42% reporting they had received unwanted comments about their sex life from colleague.More than a quarter (27%) said they had received unwelcome sexual advances. The government said it was planning to shortly