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China considers possible tariffs on $3bn worth of US goods

Image caption China is a huge consumer of pork and pork products China has said it is considering imposing tariffs on $3bn worth of US products in retaliation to new tariffs announced by US President Donald Trump. The list of products under consideration by China includes pork, wine, fruit and …

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Call for longer Heathrow night flight ban

Image copyright Getty Images MPs have called for tougher measures to protect passengers and local communities before plans to expand Heathrow Airport are approved. The Transport Committee said a night flight ban of six-and-a-half hours should to be extended to seven hours. The MPs also want further evidence that landing …

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Financial ombudsman to review complaints

Image copyright Getty Images The Financial Ombudsman Service will conduct an independent review following accusations that some consumers’ claims were not decided correctly. The move follows an investigation by Channel 4’s Dispatches into the service. The programme suggested some staff with inadequate training or knowledge were making decisions on complaints. …

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Human-eye VR

Image copyright Getty Images Image caption There is a growing business market in high-definition VR for design and training Finnish start-up Varjo has developed a prototype virtual reality (VR) headset that its makers claim gives an image 50 times sharper than most other headsets currently on the market. When I …

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Match fit

Image copyright Russell Hotten Image caption Jose Mourinho, Diego Maradona and Usain Bolt at the Hublot press conference Luxury watch label Hublot must have spent a small fortune bringing together football royalty – and soccer-mad Usain Bolt – for the launch of a new product. They were joined by other …

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Toys R Us founder Charles Lazarus dies at 94 as his company folds

Image copyright Toys R Us Image caption Lazarus pictured with Geoffrey the Giraffe, the company mascot The man who founded Toys R Us – the children’s toy retailer – has died aged 94, one week after his company announced it was closing its doors. Charles Lazarus began selling toys in …

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Citigroup imposes restrictions on clients who sell guns

Image copyright Getty Images Image caption Citgroup boss Michael L Corbat said banks should be “responsible corporate citizens” Investment bank Citigroup has said it will introduce new restrictions on business customers who sell guns. It joins a growing corporate backlash against gun violence in the US, following the deadly school …

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EU and six other countries exempted from US metals tariffs

Image copyright Getty Images A senior US official has said that the European Union (EU) and six other countries will be exempt from steel and aluminium tariffs announced by President Trump, at least temporarily. Trade Representative Robert Lighthizer told a Senate panel that Mr Trump had decided to “pause” the …

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Culture Secretary: Passport procurement process not complete

Culture Secretary Matt Hancock has said the procurement process for passports would be different after Brexit, and added that the current process of awarding a new contract was not yet complete. “One of the advantages of leaving the European Union is that we’ll be able to have more control over …

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UK interest rates held at 0.5%

Image copyright Getty Images The Bank of England has held UK interest rates at 0.5% for the third meeting in a row. The Bank’s Monetary Policy Committee voted by seven votes to two to keep rates unchanged, in a departure from the MPC’s unanimous vote in February. The last time …

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