Turkish court sentences hotel owner and 10 others to life for deadly fire that killed 78
A Turkish court has sentenced the owner of a ski resort hotel and 10 others to life in prison for severe negligence in a deadly fire.
Business
Nexperia halts chip supplies to China in threat to global car production
Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade warNexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a tr…
Exxon posts strong quarterly earnings with production in Guyana and the Permian Basin picking up
Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production.
Tinned tuna maker Princes floats at nearly £1.2bn in boost for London
Business secretary calls IPO ‘huge vote of confidence’ but shares are launched at bottom end of target rangeBusiness live – latest updatesThe tinned tuna maker Princes Group has kicked off a float with a valuation of nearly £1.2bn in a boost for the Lo…
Starbucks workers hold strike vote and plan for pickets to force first contract
Union says world’s largest coffee chain engaged in bad faith bargaining and stonewalled over contractUnionized Starbucks workers across the US are casting their votes on whether to hold a strike amid anger over pay and conditions at the world’s largest…
Era of free trade and investment is over, Canada’s PM tells Apec summit
Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free tradeThe Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundation…
UK house price growth slows as buyers ‘sit on sidelines’ before budget
Amid talk of property taxes, average price of home rose by 0.3% in October to £272,226, Nationwide saysBusiness live – latest updatesBritish house price growth slowed in October, according to lending data, with analysts suggesting that buyers are “sitt…
Two million energy customers are due £240m from old accounts, says Ofgem
Regulator is urging anyone who has moved in recent years to check whether they are owed a refundAlmost 2 million energy bill payers could be owed a share of £240m from old accounts that were closed while still in credit, according to the regulator.The …
China’s factory activity contracts for 7th month, reflecting tariffs pressure on trade
China has reported its factory activity contracted for a seventh straight month in October, reflecting pressure from higher U.S. tariffs and sluggish domestic demand.
BoM to revert to former rain radar colour scheme after backlash – as it happened
This blog is now closedABC executive who sacked Antoinette Lattouf paid $836,000 for eight-month employment, annual report showsGet our breaking news email, free app or daily news podcastNational children’s commissioner says work still needed to fix ‘a…