Business

US rejects China-led bid for Chicago Stock Exchange

Image copyright Getty Images Image caption The Chicago Stock exchange said the acquisition would have provided it with “vital capital” The US has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie-up was initially approved by […]

Business

A tale of two Indian tech cities

For years, Bangalore has enjoyed a reputation as the darling of India’s tech industry. However, growing problems with congestion and infrastructure have pushed start-ups to look for new alternatives. Hyderabad is increasingly being named as the new city of choice, so how well does it rate against Bangalore? Producers: Medhavi Arora and Pamela Parker Source […]

Business

Report proposes £10,000 for everyone under 55

Image copyright Getty Images Image caption What would you do with £10,000? A new report suggests the government should give £10,000 per year to every citizen under 55. The Royal Society for the encouragement of the Arts, Manufactures and Commerce (RSA) says it could pave the way to everyone getting a basic state wage. The […]

Business

Manbag mystery

Image copyright Getty Images Image caption Singer Pharrell Williams is just one of the celebrities who have been spotted modelling manbags Here’s a question. Does a bag have a gender? My husband recently spent more than £100 on a Scandi-made rucksack – black canvas, hint of leather on the trim. But has it ever crossed […]

Business

South Africa: the economic challenge

Image copyright Getty Images Image caption Mr Ramaphosa faces many economic challenges South Africa’s new president, Cyril Ramaphosa, will have a daunting in-tray, including a formidable economic agenda to tackle. Growth under Jacob Zuma’s leadership has been weak and unemployment is painfully high. It is one of the most unequal countries on the planet – […]

Business

Mid-earners 'locked out of buying a home'

Image copyright Getty Images The extent at which young people are locked out of the British housing market has been revealed in new figures from economists. The biggest decline in homeownership in the last 20 years has been among middle-income 25 to 34-year-olds, the Institute for Fiscal Studies (IFS) said. In 1995-96, 65% of this […]

Business

Bombardier reports 57% rise in profits

Image copyright Bombardier Image caption The CS100, one of Bombardier’s C-Series jets at the centre of the trade row Bombardier, the train and plane manufacturer at the centre of a trade row between the US, the UK and Canada, has seen a 57% rise in profits. The US Commercial department had threatened to impose 292% […]