Thursday, 16 Jan 2025

Business

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Crackdown on gagging orders against whistleblowers after Sir Philip Green case

The use of non-disclosure agreements (NDAs) and other so-called gagging orders to stop workers reporting crimes, harassment or discrimination are to face new legal curbs, the government has announced. The proposed crackdown will clarify that confidentiality clauses, including those which involve cash payouts, cannot prevent whistleblowers from speaking to the police or disclosing information in […]

Giraffe and Ed’s Diner closing third of restaurants risking hundreds of jobs

Hundreds of jobs have been placed on the line at restaurant chains Giraffe and Ed’s Easy Diner as bosses prepare to axe a third of branches. The business, which is owned by Boparan Restaurant Group (BRG), has announced plans to enter a company voluntary arrangement (CVA) to close 27 of its 87 restaurants. BRG first […]

Ted Baker boss Ray Kelvin resigns as ‘hugging’ probe continues

Ted Baker says its chief executive Ray Kelvin has “agreed to resign” as he faces allegations of inappropriate behaviour. The fashion chain’s founder took a voluntary leave of absence in December after it launched an independent investigation into claims of forced hugs and harassment. He has denied any wrongdoing and described the allegations – including […]

Airport's role as transatlantic hub 'can be enhanced'

There remains “significant scope” to enhance Dublin Airport’s position as a transatlantic hub, according to IAG CEO Willie Walsh. IAG, which owns Aer Lingus, has been using the Irish carrier to capture more traffic across the Atlantic, adding a number of routes and aircraft at the airline since it acquired it in 2015. Semi-State DAA […]

Stocks jump as U.S., China inch closer to trade deal

SYDNEY (Reuters) – Asian shares started the week on the front foot on signs the United States and China were close to striking a tariff deal to end their protracted trade war while the dollar eased as traders wagered Federal Reserve policy would remain accommodative. The Wall Street Journal reported on Sunday Washington could lift […]

Eyes on Asia ahead of economic data releases

While February is the shortest month of the calendar year, it certainly served up some action for investors to ponder. Last week’s key events saw trade issues and geopolitical risks take the spotlight, with ForexTime research analyst Lukman Otunuga noting that “geopolitical risks have left global sentiment extremely fragile, while there is still a fair […]

HBO Chief Executive Richard Plepler to resign from company

(Reuters) – HBO Chief Executive Richard Plepler will leave the premium television network owned by U.S. wireless carrier AT&T Inc after nearly 28 years at the company, Plepler said in a memo to HBO employees on Thursday. Turner President David Levy is also expected to resign from the broadcasting company, which is also owned by […]