Business

Purdue Pharma to plead guilty in $8bn opioid settlement

Purdue Pharma will admit to enabling the supply of drugs “without legitimate medical purpose”. The deal with US Department of Justice resolves some of the most serious claims against the firm. But it still faces thousands of cases brought by states and families. Purdue called the deal an “essential” step to wider resolution of the […]

Business

Will cruise ships return to Venice?

The protest formed quickly and without warning – a flash mob, designed to call urgent attention to the 6,000 Venetians who rely on the cruise industry for work. After 15 minutes they are gone. This year, international travel restrictions caused by the coronavirus are forcing cruise companies to delay most tours until 2021. That’s meant […]

Business

More pollution expected from stay-home workers

Gas burning from boilers is a major source of local pollution, accounting for 21% of total NOx emissions across Greater London, for instance. Computer modelling predicts that boiler use will rise by 56% this winter due to coronavirus changing work patterns. The report assumes that workers’ offices will continue to be heated for staff still […]

Business

Rogue website sells ‘dodgy wigs’ to cancer patients

Urhair.co.uk includes photographs of child models in wigs which it says are suitable for those “undergoing chemotherapy or other forms of medically related hair loss”. Customers who have complained about the quality of the wigs they received say they have been refused refunds. DisappointedEllen is 16 and recovering from an aggressive form of blood cancer. […]

Business

Shortage of poultry workers could hit Christmas dinner

The problem is a shortage of skilled workers to process the meat, according to the British Poultry Council (BPC). It said 1,000 EU workers were needed to stop Christmas supply from collapsing, and urged the government to exempt them from quarantine rules. “The great British Christmas cannot survive without access to non-UK labour,” said boss […]

Business

Cathay Pacific axes regional carrier and 8,500 jobs

Cathay Dragon was a full service regional carrier flying mainly to mainland China and other Asian destinations. Hong Kong-based Cathay Pacific says it hopes to retain most of Cathay Dragon’s routes. Many other airlines are on the brink of survival as the Covid-19 pandemic batters travel and tourism. The cutbacks at Cathay Pacific are part […]

Business

Trump maintains bank account in China

The account is controlled by Trump International Hotels Management and paid local taxes between 2013 and 2015. It was set up “to explore the potential for hotel deals in Asia”, according to a Trump spokesman. Mr Trump has been critical of US firms doing business in China and sparked a trade war between the two […]