Month: June 2020

YouTube bans several white supremacist channels

Image copyright Getty Images YouTube has banned some prominent white supremacist channels as internet companies face a backlash over racist content. The Google-owned video platform said the channels had violated its policies that prohibit hate speech. In recent days social media companies have been been boycotted by a number of major advertisers. On Monday Ford joined a growing list of… Read more →

Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm

Image copyright Getty Images A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Kweichow Moutai is a luxury spirit favoured by Chinese politicians and businesspeople looking to impress. The company’s share price has risen dramatically this year, pushing its value to new highs. Despite producing one of China’s most prestigious brands, few people will… Read more →

Wirecard: Financial watchdog lifts restrictions on payments

Image copyright Getty Images The UK’s financial watchdog has lifted restrictions on German payments company Wirecard, allowing it to resume payment activities. The Financial Conduct Authority (FCA) imposed restrictions on the company’s UK arm after its collapse last week. Thousands of people could not access their money or make payments through apps as a result. “Our primary objective all along… Read more →

Coronavirus: PM pledges to ‘build back better’ post-virus

Image copyright Reuters Boris Johnson will promise to “build back better” as he unveils government plans to soften the economic impact of coronavirus. Speaking in the West Midlands, the prime minister will say he wants to use the coronavirus crisis “to tackle this country’s great unresolved challenges”. As part of a “new deal”, Mr Johnson will set out plans to… Read more →

Belfast International Airport: Unite says 54 redundancies planned

Image copyright PAcemaker Image caption Unite has called for a strategy to protect airport jobs There are plans to make 54 security workers redundant at Belfast International Airport, the Unite union has said. Unite said it had been notified about the planned redundancies by employer Wilson James. The union said the workers had thought they would be protected through the… Read more →