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Carillion: Government 'inept' over crisis, says GMB boss

Image copyright PA GMB union boss Tim Roache has said the government’s response to the Carillion crisis has been “inadequate and inept”. The construction giant has gone bust, putting thousands of jobs at risk. The government offered firms working in the private sector 48 hours of support which runs out …

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Bitcoin: South Korea sways cryptocurrency prices – but how?

Image copyright Getty Images South Korea’s government has been signalling that it plans to crack down on cryptocurrency trading. Exactly how it will do this remains vague. But just the threat of action has been enough to drive a sell-off across the market globally. Bitcoin, for example, has lost nearly …

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Australia files WTO complaint over Canada wine sales

Image copyright Getty Images Image caption Australia has complained about Canadian restrictions on wine sales Australia has filed a trade complaint that accuses Canada of placing “discriminatory” rules on the sales of imported wine. The formal objection, lodged with the World Trade Organization (WTO), follows a similar complaint made by …

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Nestle sells Crunch, Nerds and other US brands to Ferrero for $2.8bn

Image copyright Getty Images Nestle is selling its US sweets and chocolate business to Ferrero Group for 2.7bn Swiss Francs ($2.8bn; £2bn). The Swiss food giant said it was offloading brands such as Crunch, Nerds, Runts and Butterfinger to focus on other products. Italy’s Ferrero, which makes Nutella spread, Tic …

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‘Superheroes don’t work 90-hour weeks’

Media playback is unsupported on your device Media captionWould a four-day week boost productivity? One in eight employees works more than 48 hours a week, analysis by the TUC, seen by the BBC’s Victoria Derbyshire programme, suggests. But some companies are experimenting to see if it is possible to achieve …

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Made in Medellin

Media playback is unsupported on your device Media captionAgua Bendita exports its swimwear to 60 countries Catalina Alvarez was visiting her father’s clothing factory when she saw a box of brightly-coloured cloth samples in a rubbish bin. The small sheets of material may have been rejected by her dad, but …

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CBI criticises short-term policies to improve skills base

Image copyright PA The latest measures to improve Britain’s skills base are not working, the CBI employers’ group has warned. The organisation, which represents the UK’s biggest companies, said programmes such as the apprenticeship levy had “alienated” firms. CBI managing director Neil Carberry criticised successive governments’ short-term approach to tackling …

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H&M child model's mum says ad 'not racist'

The mother of the five-year-old H&M model caught up in a racism row has told the BBC her family has moved house in Sweden “for security reasons.” Last week, photos of Liam Mango modelling a “coolest monkey in the jungle” hoodie went viral, with social media users accusing H&M of …

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Newcastle United: Mike Ashley ends takeover talks with Amanda Staveley

Mike Ashley took charge of the club in 2007 Newcastle United owner Mike Ashley has ended talks with businesswoman Amanda Staveley over a takeover that could have been worth around £250m. Ashley said in October he wanted to sell the club after 10 years in charge. He was believed to …

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Waitrose hit as Verifone payment system crashes

Image copyright Waitrose Waitrose has apologised after customers were left unable to pay by card on Tuesday evening. The supermarket chain was one of several businesses hit by a failure at card machine network Verifone. Customers in Birmingham and London were among those taking to social media, saying they had …