• 20 August 2018 Image copyright Getty Images PepsiCo has announced it is buying Sodastream for $3.2bn (£2.5bn).Israel-based Sodastream makes a machine and refillable cylinders allowing users to make their own carbonated drinks.The deal gives Pepsi a new way of reaching customers in their homes at a time when its signature sugary drinks are becoming less popular.It is also the company's...

  • The increase in wage growth is a positive sign, and with the number of people without job per job vacancy also falling in recent months, economic theory would suggest that pressures on wages in future will be upwards. However recent history has showed that reality can challenge economic models says Nick Henderson, senior broker at Global Fidelity Fund. A model of job creation in less productive...

  • The trouble started when the interest rates started rising and home ownership reached a saturation point. From June 30, 2004, onward, the Fed started raising rates so much that by June 2006, the Federal funds rate had reached 5.25% states Alan Green, senior analyst at Molton Wealth believes interest rates will plummet to below 1% in the next two years. There were early signs of distress already...

  • 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 industrial supplies and materials and finished goods and foods, feeds and beverages. Senior analyst Alan...

  • 20 August 2018 Image copyright Reuters Image caption A report has called for stricter safety measures for gig-economy drivers and couriers. Drivers and couriers who get their work from apps face a "heightened risk" of crashes, a study suggests. Research from University College London (UCL) indicated 42% of "gig-economy" couriers and taxi drivers reported vehicle damage because of a...

  • 20 August 2018 Image copyright Pantling Studio Image caption The company has a swanky London headquarters Luxury shopping website Farfetch has announced plans to list its shares on the New York Stock Exchange.The London-based firm, founded in 2008 by Portuguese entrepreneur Jose Neves, sells designer clothing online from firms including Gucci and Burberry.Farfetch said it had not yet decided how...

  • 20 August 2018 Image copyright Getty Images Jamie Oliver has been accused of cultural appropriation for calling a new product "punchy jerk rice". The decision to label the microwavable rice "jerk" has been criticised, because the product doesn't contain many of the ingredients traditionally used in a Jamaican jerk marinade. "I'm just wondering do you know what Jamaican jerk actually is?" MP Dawn...

  • 20 August 2018 comments Image copyright Mulberry Shares in luxury handbag maker Mulberry plunged 30% after it said it was setting aside £3m to cover the cost of House of Fraser's troubles.The company also warned full-year profits could be "materially reduced" if current tough UK trading continued into the second half of the year. Mulberry operates 21 House of Fraser concessions, employing...

  • 20 August 2018 Image copyright Getty Images Countrywide, the UK's largest estate agency group, has cancelled plans for a new bonus package for its bosses following an outcry from investors.The package could have paid out a total of £20m to three executives, depending on the firm's share price performance over the next three years.Shares in Countrywide plunged earlier this month when it...

  • 20 August 2018 Image caption Will Hodson and Henry de Zoete are pleased with their success The founders of an energy switching service are "delighted" after securing what has been described as the best deal in the history of Dragons' Den.Henry de Zoete and Will Hodson, co-founders of Look After My Bills, received offers from all five Dragons on the BBC show.They ended up selling just 3% of their...

  • 20 August 2018 Image copyright Getty Images Tesla shares remained volatile on Monday amid doubts about Elon Musk's ability to take the company private. Shares in the electric car maker started trade down more than 4%, but recovered to close in positive territory. The shares have dropped by about a fifth since Mr Musk revealed his proposal in a tweet on 7 August. Some analysts predict Tesla has...

  • 20 August 2018 Image copyright Getty Images Image caption Lehman Brothers collapsed nine years ago on 15 September 2008 A reunion to mark the 10th anniversary of the collapse of Lehman Brothers has been called "sickening" by the shadow chancellor.The failure of the US investment bank in 2008 was a crucial moment in the financial crisis. Mr McDonnell said those who had suffered a "decade of...

  • 20 August 2018 Image copyright House of Fraser Image caption House of Fraser's website has been taken offline More than 600 jobs are under threat at two House of Fraser warehouses which supply deliveries to stores and customers, a union has warned.The GMB said 627 staff at the two warehouses were told on Friday that they are at risk of redundancy.XPO Logistics operates the sites, in...

  • 18 August 2018 Image copyright Stadler Image caption Stadler will make 35 regional trains and 36 three-car trams for the new Wales and Border franchise Wales has placed an £800m order for 148 "longer, quieter" trains, with air con, wi-fi, step-free access and power and USB sockets for each seat.KeolisAmey won a £5bn bid in May to run rail services in Wales and the new South Wales...

  • 19 August 2018 Image copyright Getty Images More than a third of farmed fruit and vegetables never reaches supermarket shelves because it is misshapen or the wrong size, according to new research.A University of Edinburgh study found more than 50 million tonnes of fruit and vegetables grown across Europe were discarded each year.This was in part because they did not meet consumers' expectations...

  • 19 August 2018 Related TopicsBrexit Image copyright Reuters Image caption Dominic Raab will travel to Brussels on Tuesday for talks with Michel Barnier The government is set to publish the first in a series of technical notices designed to prepare the UK for the possibility of a no-deal Brexit.The notices will include advice for businesses, citizens and public bodies.Brexit Secretary Dominic...

  • "Stocks will rally sharply under Trump's election win on hopes of not just corporate tax cuts, but also deregulation and government spending. He also promises a simplified tax system with tax cuts across the board. In my view bank equities will soar as Trump will implement deregulation of the financial sector and its my belief he will abolish the Dodd Frank law and Volker rule. I believe from the...

  • 19 August 2018 Related TopicsBrexit Image copyright Getty Images A Standard Chartered bank executive says tough demands by EU regulators could mean more jobs being moved from the UK overseas than currently thought.Europe and Americas boss Tracy Clarke says the relatively small size of the bank in the EU market means it would not "be moving hundreds of people".But she says the impact on banks...

  • By Andrew Walker BBC World Service Economics correspondent 17 August 2018 Related TopicsGreece debt crisis Image copyright Getty Images Image caption Prime Minister Alexis Tsipras says Greece is "turning a page" in ending its bailout programme The eurozone passes an important milestone on 20 August. The date marks the formal end of the bailout of Greece.It is the final country to be receiving...

  • By Kevin Peachey Personal finance reporter 17 August 2018 Image copyright Getty Images Consumer groups have highlighted their concern over the "significant minority" of students facing overdraft debts on a regular basis.Two separate reports are alerting undergraduates to the risks of a debt spiral, although they also note many are confident managing their money.After A-level and vocational...