Business News
- Google fined €2.95bn by EU for abusing advertising dominanceThe Commission said competitors faced higher costs and reduced revenues as a result.
- Tesla proposes $1tn award for Musk if he hits targetsThe car firm boss's enormous pay package depends on him hitting sky-high targets.
- Troubled beauty chain Bodycare to close 32 storesAbout 450 jobs will also go after the value chain said it was making losses as costs continue to rise.
- Hundreds of South Koreans detained in massive ICE raid at Hyundai plant Most of the 475 arrested were from South Korea, leading the country to call the raid an unjust infringement of people's rights.
- US jobs market weakens further in AugustEmployers in the US added just 22,000 jobs in August, raising concern about the health of the world's largest economy.
- The green steel firms looking to revive US steelmakingStart-up firms have pilot plants for making steel with low carbon emissions, but can they scale up?