Got a TV Licence?

You need one to watch live TV on any channel or device, and BBC programmes on iPlayer. It’s the law.

Find out more
I don’t have a TV Licence.


  1. Get in touch:
  2. Stock markets regain ground
  3. John Lewis Partnership warns on profits
  4. Costa and Premier Inn sales fall
  5. FastJet risks going bust
  6. Nationwide says house price growth slows

Live Reporting

By Tom Espiner

All times stated are UK

  1. Good night

    That's all from the Business Live page for another night. Do join us again tomorrow from 06:00.

  2. Lyft rises to new height

    Ride hailing app

    Uber rival, ride service Lyft has announced it is raising $600m in a funding round that values the firm at $15.1bn.

    Lyft has seen its value soar after the difficulties and scandals swirling around Uber over the past year.

    Both are Silicon Valley champions still, but Lyft has focused on the North American market while Uber's been expanding overseas.

  3. Wall Street rally fizzles out

    Wall Street traders

    A small rally in US stocks, sparked by a US move to ease its stance on curbing Chinese investments in American technologies, ran out of steam, but a jump in oil prices helped prop up markets.

    The Dow Jones Industrial Average was down 147 points, or 0.61% at 24,135.64.

    The S&P 500 lost 20 points, or 0.75%, to 2,702.52.

    And the Nasdaq Composite dropped 93 points, or 1.24% to 7,467.91

  4. Apple Samsung truce

    Two smart phones

    After seven long years Apple and Samsung have finally settled their bitter dispute over alleged patent violations.

    We don't know the terms of the settlement, but according to a court filing in California the claims and counterclaims have all been put to bed.

    It started back in 2011 when Apple accused Samsung of "slavishly" copying the design of the iPhone and the two tech giants have been locked in a series of infringement claims and appeals processes going all the way to the Supreme Court ever since.

    The latest judgement came last month when Samsung was ordered to pay Apple nearly $540m in damages.

    Does this mean Apple has won?

  5. Could tech explain the developed world's productivity slowdown?

    Do you get distracted at work by social media? An Economist article explains interesting hypotheses that digital distractions could be having an impact on productivity.

    However, distractions are not the whole story, the article says - what about productivity slowdowns in manufacturing and construction? It's hard to see people in those jobs "frittering away time on Pinterest", the article says.

    Weak productivity is also down to reallocation of workers from high-growth to low-growth industries, the article points out.

  6. Creative industry 'more reliant on informal funding'

    A briefcase full of dollars

    Businesses in the creative industries have "significant reliance on informal sources of funding from friends and family, with 27% of businesses using this source as opposed to 9% of businesses generally", a report from the Creative Industries Council (CIC) finds.

    Financiers find the sector "hard to understand", and only 15% of creative businesses felt that they had always been able to access the funding they needed, the CIC says.

    The CIC is a joint forum between the government and the creative industries including TV, computer games, fashion, music, arts, publishing and film.

  7. How a simple change is cutting coffee cup waste

    Video content

    Video caption: Plastic coffee cup waste reduced with simple change

    A simple change in the way hot drinks are priced at one university has made a big difference to the number of cups that are thrown away - and it's not costing customers any more.

    Watch Dougal Shaw's smartphone film for BBC World Hacks.

  8. 'We have no clue how Brexit will play out'

    Theo Leggett

    BBC Business News Reporter

    Carlos Ghosn

    "So far we have absolutely no clue how this is going to end up". That's the view of one of the most powerful car industry executives in the world, Carlos Ghosn, when asked about the possible impact of Britain leaving the EU.

    The chief executive of the Renault-Nissan-Mitsubishi alliance said the uncertainty over Brexit meant he was unable to take long-term decisions on the future of the business in the UK.

    Nissan's plant in Sunderland builds almost one third of the cars produced in this country.

    "We don't want to take any decisions in the dark", he told me. "We don't want to take any decisions we might regret in future".

    For the moment, he said, it is business as usual. Since the EU referendum, Nissan has in fact committed to building two new models in Sunderland.

    But he made it clear any plans for further investment were on the back burner. And he agreed that a no-deal Brexit would be damaging.

    "I don't think any company can maintain its activity if it is not competitive", he said. "If competitiveness is not maintained, little by little you're going to have a decline. It may take some time, but you're going to have a decline".

    He is not wholly pessimistic, however.

    "There is no reason to say Brexit is going to be bad", he said. "Maybe Brexit will be better than we think it's going to be".

    Like other industry executives in recent days, he made it abundantly clear that what he wants right now is clarity.

    But at the moment, he said, "we're waiting for the facts".

  9. US DoJ clears Disney Fox acquisition

    Mickey Mouse and Bob Iger

    Disney has won US antitrust approval to buy most of Twenty-First Century Fox's assets for $71.3bn on the condition that it sells 22 regional sports networks, the Department of Justice says.

    The deal still needs numerous other regulatory approvals from other countries.

  10. When will there be more CO2 available?

    People making a toast with beer

    The Food and Drink Federation (FDF) doesn't seem too sure about when the CO2 shortage will be sorted out.

    It says "there is still a key question about when a regular supply of CO2 will be available" in the UK.

    "We remain in discussion with a number of governmental departments to establish a clear timeframe and we hope the issue can be resolved as quickly as possible,” the FDF says.

  11. Trump continues Harley Davidson attack

    US President Donald Trump continues his attacks on motorcycle company Harley-Davidson, warning "we won't forget" after the firm said it planned to shift some manufacturing offshore.

    View more on twitter

    Bloomberg points out that Mr Trump has yet again got his facts wrong. Rather than being 100% in the US, the firm has had overseas manufacturing sites for year, including in Brazil and India.

  12. Oil soars as US stockpiles fall most since 2016

    Nodding donkey

    US crude prices have jumped nearly 3% as plunging US crude stockpiles compounded supply concerns due to uncertainty over Libyan exports, a production disruption in Canada, and US demands that importers stop buying Iranian crude from November.

    US crude stocks fell by nearly 10 million barrels last week, the most since September 2016, while petrol and distillate inventories rose less than expected, the Energy Information Administration said.

    Brent crude futures rose more than 2% to $77.90 per barrel, and US crude futures rose 2.9% to $72.59.

  13. Supreme Court delivers blow to unions in fees dispute

    Supreme Court

    The US Supreme Court has dealt a blow to US unions by ruling that non-members cannot be forced to pay fees to unions for collective bargaining for public sector employees such as teachers and police, shutting off a key union revenue source.

    The 5-4 ruling, with the conservative justices prevailing and the liberal justices dissenting, overturned a 1977 Supreme Court precedent that had allowed so-called agency fees that are collected from millions of non-union workers in lieu of union dues to fund non-political activities.

    The court ruled that forcing non-members to pay these fees to unions whose views they may oppose violates their rights to free speech and free association under the US Constitution's First Amendment.

    "This case was nothing more than a blatant political attack to further rig our economy and democracy against everyday Americans in favour of the wealthy and powerful," public-sector unions including the American Federation of State, County and Municipal Employees (AFSCME), the union directly involved in the case, said in a statement.

    Richard Trumka of The American Federation of Labor and Congress of Industrial Organizations said:

    "Here’s the thing: America is heading in a different direction.

    "All over the country, workers are organizing and taking collective action as we haven’t seen in years. More than 14,000 workers recently formed or joined unions in just a single week.

    "This followed a year where 262,000 workers organised and the approval rating of unions reached a nearly 14-year high.

    "Working families know the best way to get a raise, better benefits and a voice on the job is through a union contract."

  14. The heat is on


    If your train journey has been affected by the rather warm temperatures this week, you might like to revisit this feature from a couple of years ago that explains why hot weather causes rail delys.

    It seems steel rails exposed to direct sunshine can become 20C hotter than the air temperature, according to Network Rail.

    The resulting expansion can cause extreme compression and buckling. When this happens, lines become impassable and close for repairs, which can't usually happen until temperatures drop again.

  15. Heineken breweries 'working 24/7'

    Heineken glass

    Heineken breweries are working round the clock all week to cater for demand.

    A "perfect storm" of shortages of CO2 plus a heatwave and a World Cup is putting a strain on the food and drinks industry.

    A Heineken spokesperson said: "We'd like to reassure beer drinkers that all our breweries are operating at full capacity, and we're working 24/7 to get beers to our customers as quickly as possible."