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.

Summary

  1. Get in touch: bizlivepage@bbc.co.uk
  2. JetBlue is considering trans-Atlantic routes - report
  3. Debenhams warns over profits again
  4. UK economy 'close to stalling' - PMI report
  5. China suspends Tesla customs clearance - report

Live Reporting

By Tom Espiner

All times stated are UK

  1. London transport chiefs veto butter and bacon in ads

    Original Farmdrop advertisement
    Image caption: Original Farmdrop advertisement with the items that were cropped out

    At online food delivery company Farmdrop they are scratching their collective heads after having an advertisement for their food products banned from the London Tube network.

    It appears that their proposed advertisement was rejected because it contained bacon, butter, eggs and jam.

    Transport for London (TfL) said it was up to advertisers to make sure any items featured were "high fat, sugar and salt (HFSS)-compliant".

    Farmdrop said it was forced to crop out the offending items so that its ads could run inside Tube trains.

  2. Mystery as Quadriga crypto-cash goes missing

    Gerald Cotten

    Efforts to recover millions in crypto-cash from the digital wallets of a man who died without revealing passwords to access them have hit a snag.

    The wallets have been found to be empty.

    The discovery was made by a firm appointed to oversee QuadrigaCX after the death of founder Gerald Cotten.

    It expected to find the wallets full of C$180m ($137m; £105m) in crypto-cash deposited by the coin exchange's customers.

    Mr Cotten, who died in India in December, had sole responsibility for handling the funds and coins passing through the site.

    Read more here.

  3. Mark Zuckerberg's wealth shrinks by $8.7bn on Forbes rich list

    Mark Zuckerberg

    Facebook founder Mark Zuckerberg's wealth has shrunk by $8.7bn (£6.6bn) in the past year, according to the latest billionaire's list compiled by Forbes.

    His shares in Facebook at one point lost a third of their value as the company battled privacy scandals.

    The total combined net worth of this year's billionaires' list also fell from $9.1 trillion to $8.7tn.

    But Amazon founder Jeff Bezos keeps his top position, increasing his net worth to $131bn, up $19bn from 2018.

    Amazon's share price has been good for Mr Bezos' bank balance and the gap between him and the number two, Bill Gates, is a little wider, even though Mr Gates' fortune has swelled to $96.5bn from $90bn last year.

  4. China suspends Tesla customs clearance - report

    Tesla cars in Shanghai

    Chinese authorities have suspended customs clearance for Tesla's Model 3 car, according to the Caixan financial news magazine.

    The report said that a customs office in Shanghai had found problems in 1,600 imported models, including improper labelling.

    Tesla hopes that the new Model 3 will drive its profitability and it had targeted the Chinese market.

    So far no comment from Tesla.

  5. 'Anxiety' at Renault over Ghosn arrest

    Thierry Bollore, Renault chief executive

    What affect has the arrest of Carlos Ghosn, the former boss of the Nissan Renault alliance, had on Renault?

    "It has created a lot of anxiety, a lot of questioning, a lot of doubts," Thierry Bollore, the chief executive of Renault, tells the BBC's Theo Leggett.

    However, he says the landscape of the car industry is changing fast, and Renault is remaining focused on keeping up with the competition.

    Is a merger between Nissan and Renault out of the question? It's still interesting says Mr Bollore, but "it's much too early to talk", he said.

    Mr Ghosn was granted bail today.

  6. Grayling comments on ferry bungle

    You might remember that last week the Department for Transport had to pay out £33m to Eurotunnel after it bungled the award of contracts for extra ferry services in the event of a no-deal Brexit.

    Transport Secretary Chris Grayling has been keeping a low profile since Friday.

    View more on twitter
  7. Aldi powers ahead; Sainsbury's slips - report

    Aldi sign

    Kantar Worldpanel has released its latest set of figures for the grocery market. They cover the 12 weeks which ended 24 February.

    Co-op put in a good performance, lifting sales by 3.6% and increasing its share of the total market to 5.9%.

    Perhaps the standout performer was Aldi - sales jumped 10% and its market share rose to 7.6%.

    Rival discounter, Lidl saw sales rise 5.4% bringing its market share to 5.3%.

    Sainsbury's sales fell by 1.0%, and its market share slipped to 15.7%.

  8. Game of two halves for sport governing bodies

    A new report suggests that 2018 was a positive year for UK national sport governing bodies, with improvements in commercial revenue and board diversity.

    But according to the authors, chartered accountants Haysmacintyre, concerns remain over the future of their funding.

    They point out that grant-based income from UK Sport and/or Sport England fell by 3%, from 48% of total income in 2017 to 45% in 2018.

    But membership revenue increased from 16% of total income in 2017 to 18% in 2018.

    And commercial revenue, mostly from sponsorship, increased from 11% of total income in 2017 to 13% in 2018, indicating a potential resurgence in funding opportunities in this area.

  9. Trump targets India and Turkey in trade crackdown

    U.S. President Donald Trump and Indian Prime Minister Narendra Modi walk from the Oval Office to deliver joint statements in the Rose Garden of the White House June 26, 2017 in Washington, DC

    The US plans to end preferential trade status for India, under a scheme which allows certain products to enter the US duty-free.

    The US will also end Turkey's preferential trade status, saying it no longer qualifies.

    US President Donald Trump directed the US Trade Representative's (USTR) office to remove India from a Generalised System of Preferences program (GSP) that grants it preferential trade treatment because of "its failure to provide the United States with assurances that it will provide equitable and reasonable access to its markets in numerous sectors."

    "The United States launched an eligibility review of India’s compliance with the GSP market access criterion in April 2018," the USTR said in a statement.

    "India has implemented a wide array of trade barriers that create serious negative effects on United States commerce. Despite intensive engagement, India has failed to take the necessary steps to meet the GSP criterion".

  10. 'Services sector faces Brexit-related headwinds'

    Restaurant kitchen

    There are some new figures out about the health of the UK services sector, which covers everything from everything from restaurants to banking, and makes up three-quarters of the national economy.

    New data from the IHS Markit/CIPS UK Services Purchasing Managers' Index leads economists there to believe the UK economy may be close to stagnation in the first quarter of this year.

    It predicts the economy will grow by just 0.1% in the first three months of 2019 compared with the last three of 2018.

    It also says that firm in the sector also cut staff numbers at the fastest rate in more than seven years.

    The benchmark services PMI number edged up to 51.3 in February, from 50.1 in January.

    But Chris Williamson, chief business economist at IHS Markit, said there were major challenges ahead.

    "Worse may be to come when pre-Brexit preparatory activities move into reverse," he said.

    "Many Brexit-related headwinds and uncertainties also look set to linger in coming months even in the case of Prime Minister Theresa May's deal going through."

  11. Some better economic news from Eurozone

    A closely watched survey of purchasing managers has indicated that the services sector in Europe may have perked up.

    Economist Frederik Ducrozet tweets:

    View more on twitter
  12. China's growth important for rest of world

    Today Programme

    BBC Radio 4

    Chinese flag

    The National People's Congress has opened in Beijing with a warning that the economy faces a "tough struggle".

    "It's very important for the rest of the world, given how big China's influence has become, that it doesn't get any weaker than 6% (annual GDP growth) and it all starts to destablise in a vicious way," said Lord O'Neill, currently vice-chair of the Northern Powerhouse Partnership, but from 1995 to 2013 an economist at Goldman Sachs.

    "Because of their ageing demographics, and a lot of the boost of urbanisation having already taken place, it's not that easy for them to grow at the rates of the past," he added.

    He is also "bothered" by the slowdown in consumer spending in China.

    "Perhaps, the biggest reason why Germany slowed down in the second half of last year is because Germany has been at the forefront of those that exported so well to China."

    Exporting to China has never been that big for the UK, so we have not noticed the slowdown there, he said.