Business

How Sri Lanka’s arrack coconut spirit went upmarket

Image copyright RocklandImage caption Sri Lanka’s arrack producers are trying to take the spirit upmarket Distilled from the sap of the coconut flower, Sri Lankan arrack has been a local favourite for centuries. But now its makers are trying to take the spirit global, writes the BBC’s Ayeshea Perera in Colombo. It’s served in some […]

Business

Prada to stop using fur from next year

Image copyright Getty Images Fashion house Prada has announced it is to stop using fur from next year. Joh Vinding, chairman of the Fur Free Alliance (FFA), said: “The Prada group with its brands now joins a growing list of fur-free brands that are responding to consumers’ changing attitudes towards animals.” The FFA is a […]

Business

Trump delays tariffs on car imports

Image copyright Getty Images US President Donald Trump has delayed a decision on whether to impose tariffs on imports of cars and car parts. The White House has put back the decision by six months to allow more time for trade talks with the European Union and Japan. Tariffs of up to 25% on imported […]

Business

‘Booth babes’ cause controversy at business show

Image copyright VLSAImage caption The VLSA stand at Business Show 2019 Whether it’s effective, inappropriate or both, some firms still use women in skimpy dresses to market their wares. Visitors to this week’s Business Show 2019 have expressed surprise and dismay that an exhibitor used “booth babes” to attract attention to their stand. The event […]

Business

EasyJet chief defends Champions League final flight costs

Image copyright Reuters EasyJet’s chief executive, Johan Lundgren, has defended his airline’s high ticket prices to fly to Madrid for the Champions League final between Tottenham and Liverpool on 1 June. Football fans complained to BBC Radio 5 live that flights around that date cost £1,000 instead of £250 normally. But Mr Lundgren said the […]

Business

Bombardier to sell NI operations

Media playback is unsupported on your device Media captionBombardier to sell NI operations The aerospace firm, Bombardier, is putting its Northern Ireland operation up for sale as part of a reorganisation of the business. The Canadian aircraft manufacturer employs about 3,600 people across several locations in Northern Ireland. The company said it would be working […]

Business

Stagecoach ‘asked to take on £1.6bn pensions risk’

Image copyright PAImage caption Stagecoach currently runs the West Coast franchise jointly with Virgin Trains Stagecoach has said it refused to accept pensions risks that could have been “well in excess of £1bn” for three rail franchises it was disqualified from bidding for in April. Under one scenario the company estimated it could have been […]