Amazon is offering new warehouse employees a £1,000 joining bonus amid a mounting staff hiring crisis.
Author: WTX Business Team
The Guardian says Amazon has made the surprise decision to move production of its $1bn-plus Lord of the Rings series from New Zealand to the UK
CITYAM says Cineworld Group, the world’s second largest cinema chain, has published half year results revealing the severe financial impact of lockdown restrictions.
John Lewis plans to create 500 new jobs as it takes control of a massive distribution centre to meet the rise in online sales.
Online grocer Ocado has announced its employees will be allowed to work remotely from a country of their choosing for up to a month.
The Guardian says Mike Ashley is set to step down as chief executive of Frasers Group, the owner of Sports Direct, in May next year and hand over to his daughter’s fiance.
Amazon (AMZN) faces a record-breaking £637 million ($887 million) EU privacy fines even though the tech giant was based in the tax haven in Luxembourg. The ramifications of this fine have sent a reverberating shockwave in California. Tech giants have long gone un-monitored but all that has now changed, now the EU will push to enforce other anti-trust and anticompetitive laws on the big six. Amazons stock price fell by almost 8% following the announcement on…
Rishi Sunak has hinted at delays to the budget after he failed to announce a date when publishing the new forecasts, as is normally expected.
Supermarkets and pubs close: Iceland has been forced to close shops due to staff shortages caused by people being forced to self-isolate by the NHS Covid app.
ASOS has seen sales continue to soar despite the reopening of high street shops, per the firm’s latest market update.
In June customer spending rose sharply in the UK – with the Euro 2020, sunshine and lifting of restrictions credited for the rise.
Japanese carmaker Nissan has announced a major expansion of electric vehicle production at its UK plant in Sunderland – that will create 1,650 new jobs. d
EU Roaming charges to return when Brits travel to the EU in spite of Brexit promises Mobile phone providers are re-introducing fees for customers travelling in Europe, despite assurances that Brexit would not lead to new EU roaming charges. EE has confirmed new customers will have to pay £2 a day if they wish to use their data, minutes and texts in 47 European countries from January. Meanwhile, O2 is introducing a data cap of 25…
Bitcoin price on Monday fell almost 10% as recent volatility in the cryptocurrency market showed no signs of dampening, with market players citing jitters over China’s expanding crackdown on bitcoin mining in thin liquidity for the losses. Bitcoin fell as low as $32,094 to its lowest in 12 days, dragging smaller coins down. It was last down 8.3%, on course for its biggest daily drop in a month. The world’s biggest cryptocurrency, long plagued by…
Bahrain capital has topped the globally-recognized AIRINC Global 150 Cities Index financial attractiveness ranking for the third straight year. Aside from the capital of Bahrain Manama, in first place, others cities ranked included Riyadh, Kuwait City, Amman and Abu Dhabi. The rankings evaluate the salary levels, cost of living, and taxes in a particular market in order to create an overall score for financial attractiveness. The central bank of Bahrain has pumped billions of investment…
Google Inc has been fined in France and will pay a fine of 220 million euros (nearly $270 million) and will be forced to make changes to its huge online advertising business as part of an antitrust settlement with French regulators.
According to the Mayor of Miami Francis Suarez, Elon Musk has highlighted a huge problem with Bitcoin. CEO of Tesla Inc. (NASDAQ: TSLA) has highlighted the fragility of Bitcoin price (CRYPTO: BTC) that reduces its utility as a financial asset. problem with bitcoin stock BTC There’s volatility in everything, there’s volatility in commodities, there’s volatility in dollars but not that kind of volatility. Elon Musk the puppeteer “When one person has the ability to make one…
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Cineworld reopens with a “strong weekend” in the UK Cinemas are back and by the feedback, it looks like film lovers are happy to go back to the movie theatres. Cineworld said it enjoyed a “strong opening weekend” in the UK, led by demand for Peter Rabbit 2: The Runaway. It was good news for the chain, as it confirmed that more people than expected returned as the restrictions eased and Cineworld is anticipating “a…