Business

Manchester clothing firm lodges trademark claim against Bentley Motors

[ad_1] Image copyright Stefano Guidi/Getty Image caption Bentley Motors says it has been selling clothing for more than 30 years without being confused for any other brand A business has launched a legal claim against Bentley Motors over the ownership of a clothing trademark.Brandlogic, owner of Manchester-based Bentley 1962 clothing, is seeking an injunction to stop the car firm using the name Bentley on UK clothing. It claimed in the
Business

France ‘Gilets Jaunes’: Spending cuts to fund Macron concessions

[ad_1] Image copyright EPA Image caption Bruno Le Maire (R) insisted France aimed to meet its European Union budget commitments Measures to defuse France's yellow-vest protests will cost €10bn (£9bn; $11bn), says Finance Minister Bruno Le Maire.That money will be offset by cuts in other government spending, he says.Mr Le Maire, speaking a day after President Emmanuel Macron outlined the changes on TV, said planned reforms remained on course despite
Business

Google chief denies political bias claims

[ad_1] Image caption Google collects "mountains" of data about users, said US politicians Google chief Sundar Pichai has faced accusations of political bias from US politicians.Mr Pichai was being quizzed by members of the House Judiciary Committee about the way his tech firm runs it business. Google was accused of having "programmed" bias against conservative views into its algorithms.Mr Pichai denied the accusation saying he had "issues" with studies that
Business

India appoints new central bank governor

[ad_1] Image copyright The India Today Group Image caption Mr Das (left) and former Reserve Bank governor Urjit Patel Shaktikanta Das has been named as the next governor of the Reserve Bank of India.Mr Das, who has previously worked on the board of the central bank and as finance secretary, will serve a three-year term.He was closely associated with the withdrawal of high-value bank notes in 2016, which caused a
Business

Wages rise at fastest pace for decade

[ad_1] Image copyright PA Wages are continuing to rise at their highest level for nearly a decade as Brexit nears, official Office for National Statistics figures show.Average weekly earnings, excluding bonuses, went up by 3.3% in the three months to October, the biggest rise since November 2008.It follows a 3.2% rise in wages last month compared with the previous year.The number of people in work rose by 79,000 to a
Business

Carpetright losses widen as sales fall

[ad_1] Image copyright Reuters Struggling floor covering retailer Carpetright said half-year losses widened sharply to £11.7m from £0.6m last time. Same store sales fell by 12.7% over the six-month period but the company said there was a "marked sequential improvement" between the quarters. The company also said net debt had dropped from £53m to £12.4m.Earlier this year the company agreed a rescue plan, which included the closure of 81 stores.So
Business

Indian rupee hit by central bank chief’s shock resignation

[ad_1] Image copyright Getty Images India's currency slumped one day after the abrupt resignation of the country's central bank governor.The Indian rupee fell 1.2% against the US dollar and stocks were also lower as investors reacted to his departure. On Monday, Urjit Patel resigned from his post midway through his three-year term, citing "personal reasons".His exit comes amid reports of a rift between the Reserve Bank of India (RBI) and
Business

Meng Wanzhou: Tech boss in middle of US-China dispute

[ad_1] Image copyright Reuters Image caption Meng Wanzhou was arrested in Vancouver on 1 December A high-flying Chinese executive has been caught in the centre of a growing geo-political dispute between two of the world's largest economies.Meng Wanzhou is the chief financial officer of Huawei and the elder daughter of the telecom giant's founder.She was arrested in Canada last week for allegedly breaking US sanctions on Iran and faces extradition
Business

The pub where your cash is worthless

[ad_1] Image copyright Phil Coomes Image caption Visitors to this pub can't pay for their drinks or food with cash Cashless establishments may be safer and more convenient, but are they more popular with the public at large?After yet another break-in at south London pub the Crown and Anchor, Arber Rozhaja decided enough was enough. Burglars were after cash lying around after lock-up, but what if there was never any
Business

Seven things to watch as Google’s CEO appears before Congress hearing

[ad_1] Image copyright Getty Images Image caption Google's Sundar Pichai failed to show up at a Senate hearing earlier this year and was represented by an empty chair Google's chief Sundar Pichai will be quizzed by US lawmakers later.He previously failed to appear at a Senate Intelligence Committee hearing for top tech executives in September. An empty chair marked his absence.That hearing was attended by Facebook's chief operating officer Sheryl