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CES 2018: Power cut at major Las Vegas tech show

Image copyright Getty Images Image caption Much of the Las Vegas venue lost power The giant consumer electronics show CES has suffered a power cut, plunging part of the event into darkness. The Las Vegas Convention Center (LVCC)’s central hall went dark at around 11:20 local time (19:20 GMT). It …

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Billionaire Warren Buffett lines up successors

Image copyright Getty Images Image caption Forbes estimates Warren Buffett’s fortune at nearly $88bn Berkshire Hathaway has promoted two long-serving executives as it contemplates a future without billionaire boss Warren Buffett. The two new vice presidents – Gregory Abel and Ajit Jain – are the potential successors to 87-year-old Mr …

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Apple pays extra £136m in tax after HMRC investigation

Image copyright Getty Images Apple has paid an extra £136m in tax following an “extensive audit” by HM Revenue and Customs. Apple Europe, a UK subsidiary of the company, agreed to pay a “corporate income tax adjustment” covering years up to 26 September 2015. It is the latest crackdown on …

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Labour's John McDonnell to attend Davos

Image copyright Getty Images Labour has confirmed that Shadow Chancellor John McDonnell will be attending the World Economic Forum in Davos. Labour said that Mr McDonnell had been invited to attend the annual meeting. The conference, held in a Swiss mountain village, attracts some of the richest and most powerful …

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Marks & Spencer to stop selling 'cauliflower steak'

Image copyright Rachel Clarke Image caption The supermarket said the plastic tray packaging was designed to protect the product Marks & Spencer says it will stop selling its ‘cauliflower steak’ after shoppers mocked the product. The veggie steak – two slices of cauliflower and a lemon and herb drizzle – …

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Unwelcome extra

Charging extra to anyone using a credit or debit card will be banned in the UK from Saturday, 13 January. This will mean an end to the extra cost added on at the end of the process of buying something online, such as a flight ticket, or being hit with …

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Canada files WTO complaint against US over trade rules

Image copyright Getty Images Image caption Donald Trump (right) and Justin Trudeau have several bones of contention Canada has filed a complaint with the World Trade Organization, accusing the US of breaking international trade rules. The complaint targets US practices tied to tariffs imposed for alleged subsidies and below-cost product …

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Ex-BHS boss Dominic Chappell criticises 'hostile' regulator

Image copyright Getty Images The former boss of BHS has accused the pension regulator of a “hostile and deliberate” act by launching an investigation just days after his takeover, a court has heard. Dominic Chappell, who bought BHS for £1 from Sir Philip Green, said the investigation had weighed on …

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Chinese business chiefs pay £12,000 for dinner with David Cameron

Image copyright Getty Images Image caption Chinese President Xi Jinping made a state visit to the UK in 2015 Fancy dinner and a photo with David Cameron? That was what was on offer recently for wealthy business figures at an event in China – as long as they stumped up …

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Carphone Warehouse fined £400,000 over data breach

Image copyright Getty Images Carphone Warehouse has been fined £400,000 by the Information Commissioner’s Office (ICO) after a data breach in 2015. Hackers gained unauthorised access to the personal data of more than three million customers and 1,000 employees during a cyber-attack. The fine is one of the largest ever …

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