Oleg Deripaska resigns from Rusal amid US sanctions row

Oleg Deripaska resigns from Rusal amid US sanctions row

25 May 2018 Image copyright Reuters Russian oligarch Oleg Deripaska has resigned from the board of aluminium producer Rusal to shield it from US sanctions against him. Rusal - which produces about 7% of the world's aluminium- said his resignation was part of efforts to "protect the interests of...

GDPR: 'Don't panic!' data watchdog tells firms

GDPR: 'Don't panic!' data watchdog tells firms

By Tom Espiner Business reporter, BBC News 25 May 2018 comments Media playback is unsupported on your device Media captionWATCH: What is GDPR?Tough new data protection laws come into effect on Friday that promise to bolster consumer rights.But there are concerns that many firms have not done...

Essential bill arrears 'more likely among women'

Essential bill arrears 'more likely among women'

By Kevin Peachey Personal finance reporter 25 May 2018 Image copyright Getty Images About three million people were in arrears on an essential bill last year, with women most likely to have fallen behind on payments, a charity has said.Priority bills include essential household payments such as...

Tetra Pak says plastic straws are vital

Tetra Pak says plastic straws are vital

25 May 2018 Image copyright Getty Images Food packaging giant Tetra Pak has said plastic straws serve a "vital" function in cartons and should not be banned.Plastic straws can be recycled together with used cartons if they are pushed back into the box, the company said. Tetra Pak is developing a...

Import prices in US recorded their biggest increase in seven months

Import prices in US recorded their biggest increase in seven months

US import prices increased 0.6 percent month-over-month in August of 2017, recovering from a downwardly revised 0.1 percent drop in July and above market expectations of 0.4 percent. It was the first gain in import prices since April and the largest since January as cost increased the most for...

Deutsche Bank to cut more than 7,000 jobs

Deutsche Bank to cut more than 7,000 jobs

24 May 2018 Image copyright Getty Images Deutsche Bank has said it will cut more than 7,000 jobs as Germany's biggest lender attempts to return to profit.The bank said it would reduce global staffing levels from just over 97,000 to "well below 90,000".Following a review of the business, the number...