Sunday, 26 January 2020

Tesla has displaced Volkswagen as the world's second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100bn (£76.1bn).

The milestone sets the stage for chief Elon Musk to collect billions in pay tied to hitting that target.

Fashion retailer Ted Baker has said it overstated the value of its stock by £58m, double previous estimates.

Last month it said the figure was up to £25m. The new estimate comes after a review by accountants Deloitte.

France has agreed to delay collecting a new tax on multinational technology firms until the end of 2020, a French government official has told the BBC.

The digital services tax has provoked an angry response from Washington.

Microsoft boss Satya Nadella has spoken out about India's controversial new citizenship law.

The India-born executive said what is happening is "sad" and he would love to see a

Flybe boss Mark Anderson has told staff that he and the management team remain "focused" on turning the airline round.

Mr Anderson's comments came in an email to staff following reports that the airline is in crisis

M&S said it overestimated demand for tight-fitting men's clothing in the run-up to Christmas.

As a result, the High Street retailer said it had ordered more "regular" and "relaxed-fit" clothing for spring.

Labour leadership: Unite
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Germany has banned the neo-Nazi group Combat 18 and

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