By Annabelle Liang Business reporter The US has warned that IT workers from North Korea are trying to get remote working jobs by hiding their true identities for the purpose of stealing money for Pyongyang. Many of them pretend to be from other parts of Asia, according to three US government agencies. They are allegedly […]
By Dharshini David Global trade correspondent, BBC News NI election 2022 An escalating dispute over the post-Brexit trading arrangements for Northern Ireland risks seeing the government scrapping parts of that deal. In that event, could it trigger a trade war that could see households and businesses paying an unwelcome price? European Union officials have […]
By Peter Hoskins Business reporter Russia-Ukraine war The price of wheat has jumped on international markets after India banned the export of the staple cereal. The benchmark wheat index rose as much as 5.9% in Chicago, the highest it has been in two months. The export ban comes as a heatwave has hit […]
By Archana Shukla BBC Business Sri Lanka’s finance minister has told the BBC he has no choice but to hike the country’s sales tax as it faces its worst ever economic crisis. In an exclusive interview, Ali Sabry conceded the government made a mistake when it almost halved the rate of value added […]
By Daniel Thomas Business reporter, BBC News Russia-Ukraine war One of Germany’s biggest energy firms has said it is preparing to buy Russian gas using a payment system that critics say will undermine EU sanctions. Uniper says it will pay in euros which will be converted into roubles, meeting a Kremlin demand for all […]
By Dharshini David Global trade correspondent, BBC News Prime Minister Boris Johnson says he wants a free trade deal with India by November. But as he prepares to meet his Indian counterpart Narendra Modi, it’s too soon to toast the prospects of a deal that may well prove hard to agree. No other nation drinks […]
By Jake Horton, Daniele Palumbo & Tim Bowler BBC Reality Check Russia-Ukraine war The amount of Russian oil sold to other countries has fallen, although gas continues to flow into Europe. After the invasion of Ukraine, the US, EU, and UK announced restrictions on Russian imports. What sanctions are there on Russian oil and […]
By Rob Corp BBC News Russia-Ukraine war IMAGE SOURCE, GETTY IMAGES The French cosmetics chain L’Occitane says it will close its Russian shops and website, days after defending its decision to continue trading. The firm said the move follows the “enormous human suffering and escalating military action in Ukraine”. L’Occitane told the BBC last […]
By Katherine Latham Business reporter Patrick Paumen causes a stir whenever he pays for something in a shop or restaurant. This is because the 37-year-old doesn’t need to use a bank card or his mobile phone to pay. Instead, he simply places his left hand near the contactless card reader, and the payment goes through. […]
A Kinder chocolate factory in Belgium has been ordered to close after it was linked to dozens of salmonella cases. Belgium’s food safety authority has also ordered the recall of all Kinder products made at the factory in Arlon, which is owned by Ferrero. Suspected salmonella cases linked to Kinder chocolate have been reported in […]
