Global Business News - From BBC

Reopening verdict: 'It was 'buzzing, chaotic and crazy'
Business owners tell how their first week of trading has gone after lockdown rules eased in England and Wales.

Hammerson: Shopping centre giant slashes rents in revival bid
Hammerson, whose centres include the Bullring and Brent Cross, is "resetting rents to more affordable levels".

Archegos collapse costs Morgan Stanley $911m
US investment bank Morgan Stanley's lending to the collapsed hedge fund cost it nearly $1bn.

TUI says summer holiday season can be saved
The boss of Europe's biggest holiday company thinks successful vaccine programmes can prevent another washout.

Colin the Caterpillar cake row: Judge Rinder gives his verdict
Marks & Spencer has begun legal action against Aldi, arguing the retailer's Cuthbert the Caterpillar cake infringes its Colin the Caterpillar trademark.

Ocado in self-driving vans push with £10m stake in Oxbotica
The online grocery retailer has teamed up with Oxford self-driving firm Oxbotica.

Gnome shortage: Lockdown and Suez canal blockage blamed
A garden centre "boom" coupled with supply chain delays are making the ornaments hard to come by.

Sanjeev Gupta's firm says it did nothing wrong over Covid loans
The company behind the UK's Liberty Steel says it did nothing wrong when seeking government funds.

Benefit Cosmetics backtracks over NHS staff refusal
The firm saw a social media backlash after a nurse claimed staff were turned away for beauty treatments.

China's economy grows 18.3% in post-Covid comeback
The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

Brexit: Euro MPs' vote bolsters EU-UK trade deal
The key Brexit trade deal now stands a better chance of being ratified in Brussels.

Deliveroo apologises to riders for bonus overpayments
The food delivery firm suffered a technical glitch, but says it has resolved the situation.

Citigroup to exit consumer banking in 13 markets
The US banking group will shut down its retail operations in countries including China and India.

M&S begins legal action against Aldi over Colin the Caterpillar cake
A High Court claim by the retailer argues its rival's Cuthbert the Caterpillar infringes its trademark.

Amazon's Bezos: Union defeat does not bring 'comfort'
Jeff Bezos said in his shareholder letter that Amazon must 'do a better job for our employees'.

'We realised that by joining together we could make a difference'
The cooperative firms who say their business model made them more resilient to the pandemic.

Is Alibaba's fate a warning to China’s tech giants?
Alibaba’s run-in with Chinese regulators has made things tense for its other technology giants.

The student loan bubble 'is going to burst'
Cancelling student debt was once a fringe idea in the US, but it's become increasingly mainstream.

CEO Secrets: 'Taking risks is how we found our edge'
Public relations firm boss George James thought clients would be put off by his youth but turned his weakness into a strength.

'I put those goggles on and just fell in love'
Drones capable of 90mph are being raced in a league which supporters say is close to the big time.

The 'Iron Man' body armour you may soon be wearing
The market for exoskeletons - high-tech external body support systems - is tipped to grow strongly.

Covid accelerates India's millionaire exodus
As Covid cases surge, India's wealthy lead global enquiries for citizenship and residency abroad.

Lockdown eases: How we fit bras at a social distance
Bravissimo's Leanne Cahill explains how her shops will work when they reopen after lockdown.

Rescheduled Dubai Expo hopes to attract 25 million visits
The event sees countries using pavilions to show off the latest in architecture and technology.

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