Friday, 23 June 2017

Business

First UK-China train to depart today, passing through 7 nations

train

LONDON: The first rail freight service from the United Kingdom (UK) to China will reportedly depart on a 7500-mile long journey by passing through seven nations. The train with 30 containers carrying British goods will depart from Essex today for China. The goods include whiskey, soft drinks, vitamins and other ...

Read More »

KFC to curb antibiotic use in the chickens it buys

chickens KFC

LOS ANGELES: Yum Brands US KFC chain plans to curb the use of antibiotics in its chicken supply, making it the last of the big three chicken restaurants to join the fight against the rise of dangerous antibiotic-resistant bacteria known as superbugs. KFC, the second-biggest US chicken chain by sales after ...

Read More »

London finance chief upbeat after Brexit trigger

Mark Boleat

LONDON: The outlook for London’s financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad. Mark Boleat, who spoke after British Prime Minister Theresa May activated the process for Britain’s EU exit, nevertheless urged speedy ...

Read More »

UK wants to become ‘important partner’ for CPEC

cpec

LONDON: The United Kingdom has expressed its desire to become a key partner in the multibillion-dollar China-Pakistan Economic Corridor (CPEC). “Britain is a country of global influence and can be an important partner for China and Pakistan in the delivery of the China-Pakistan Economic Corridor which has the potential to ...

Read More »

Pepsi pulls widely mocked Kendall Jenner ad

Kendall Jenner ad

PARIS: Pepsi on Wednesday pulled an ad after it was widely mocked and criticised for appearing to trivialise protests for social justice causes. “Pepsi was trying to project a global message of unity, peace and understanding,” the company said. “Clearly we missed the mark, and we apologise.” It said it ...

Read More »

YouTube launches $35 a month YouTube TV service

YouTube-TV

PHILADELPHIA: YouTube is launching a streaming TV service Wednesday. It’s one of many – Sling, PlayStation Vue and local cable companies among them. But Google-owned YouTube TV offers several features the others don’t. They include a cloud-based DVR with no storage limits, allowing users to record as many shows as ...

Read More »

Theresa May arrives in Saudi Arabia for trade talks

THERESA MAY

RIYADH: British Prime Minister Theresa May visiting Saudi Arabia looking to secure post-Brexit investment from the UK’s biggest trading partner in the Arab world. May arrived in the Saudi capital Riyadh on Tuesday with economic issues a “priority” on her trip. Last month, May triggered Article 50 of the Lisbon ...

Read More »

Amazon launches ‘social influencer’ program

AMAZON

PARIS: Attention social media stars, Amazon has a new role for you to shine and make some big bucks. The e-commerce giant has quietly launched a “social influencer” program in hopes of recruiting stars from YouTube, Instagram, and Facebook to endorse products on its site.  One of the key things ...

Read More »

Chancellor Hammond leading UK trade mission to India

IND

LONDON: Chancellor Philip Hammond will lead a business delegation to India next week to drum up trade as the UK begins the process of leaving the EU. He will be joined by international trade minister Mark Garnier and Bank of England governor Mark Carney for the talks in New Delhi ...

Read More »

FCA to launch first competition case

FCA

LONDON: The FCA is preparing to go public with an investigation that uses new competition powers for the first time. The investigation has been kept quiet for a year but is close to being made public, and will be seen as a test case for the regulator’s competition powers. The ...

Read More »