Panasonic 'suspends transactions' with Huawei after US ban

Image copyright Getty Images Japan's Panasonic said it was halting business with Huawei to comply with US restrictions, dealing a fresh blow to the Chinese telecoms firm.Last week the US put Huawei on a list of companies that American firms cannot trade with unless they have a licence.The ban applies to goods having 25% or…

Body Shop owner to buy Avon for £1.6bn

Image copyright Avon Brazilian cosmetics group Natura has announced that it is buying UK-based direct-selling cosmetics business Avon.Natura, which already owns The Body Shop and Aesop, is Brazil's top business in cosmetics, perfumes and toiletries.Its all-stock offer of about $2bn (£1.6bn) means Natura shareholders will hold 76% of the combined company, which will have annual…

Feeling the impact of Trump's foreign worker squeeze

Image copyright Jiri Stejskal Image caption Jiri Stejskal first came to the US when he was he 27 Jiri Stejskal is the type of entrepreneur that helps the US economy to flourish.The 58-year-old runs a successful translation business on the outskirts of Philadelphia.His company - Cetra Language Solutions - employs 35 people and has an…

Google's Ad Exchange faces privacy probe by Irish regulator

Image copyright Getty Images Image caption Google is to be investigated for its advertising practices. The Irish Data Protection Commission (DPC) has started an inquiry into the way that Google provides advertising services across the European Union. The watchdog is investigating whether the use of personal data to target online advertising is compliant with European…

Topshop tycoon Sir Philip Green to close 23 stores

Image copyright Getty Images Topshop tycoon Sir Philip Green plans to close 23 stores, putting 520 jobs under threat, as part of a rescue plan.Under the proposal, Burton, Dorothy Perkins and Topshop stores will close and rents will be cut at another 194 stores at the Arcadia group.It is another blow to the tycoon, who…

Tackling the world's single-use plastic problem

Video How campaigners, consumers and companies are joining forces to tackle single-use plastic and other products in our throwaway society.