Support for EU freedom of movement rules 'eroding'

One of the most senior Dutch government ministers has said a fundamental EU principle, freedom of movement, needs to be radically reformed. Deputy prime minister Lodewijk Asscher said support was falling across Europe over the way it has been implemented. Free movement, which allows any citizen of an EU country to work anywhere across the bloc,...

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Trump 'willing to work with Russia and China'

US President-elect Donald Trump says he is willing to work with Russia and China, providing they cooperate. Mr Trump told the Wall Street Journal that newly-imposed sanctions on Russia would remain "at least for a period of time" but could then be lifted. He also said the One China policy, in which the US no longer acknowledges Taiwan, was up for...

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Joe Sutter, 'Father of the Boeing 747', dies

Joe Sutter, the man who led development of Boeing's 747 jumbo jet, has died aged 95. Boeing's commercial aircraft boss Ray Conner said Sutter was "an inspiration" not just to Boeing but "to the entire aerospace industry". The 747, which ushered in the long-haul travel era, first flew in 1969 before making its commercial debut in 1970. It only...

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Adopt Swedish-style shareholder committee on pay, says MP

UK companies should adopt a Swedish-style shareholder committee in an effort to curb excessive pay for bosses, an MP has said. The five biggest shareholders in large publicly-traded companies would sit on the committee, said Chris Philp, MP for Croydon South. It would make decisions on pay and hiring directors. His plan follows a call from Prime...

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UK job market 'weak around Brexit vote'

Recruitment giant Hays has said the UK job market weakened "significantly" around the time of the EU referendum, but it is too early to judge the long-term impact of the vote. The company also said it had seen "no evidence" of any impact of the vote in markets outside the UK. Its comments came as it reported an 11% rise in pre-tax profits...

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Ex-Air China manager charged in US with smuggling for Chinese military

A former manager at Air China has been charged with smuggling packages in and out of the US for Chinese military officials based in New York. Ying Lin transported the packages on flights from China in exchange for gifts like Apple devices and duty-free liquor, US prosecutors said. The contents of the packages were not disclosed in the court filing. She...

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Mazda recalls 2.2 million cars over tailgate issue

Japanese carmaker Mazda has said it is recalling 2.2 million cars worldwide because of a defect in their tailgates. The recall affects about 400,000 cars in Japan and 1.8 million sold on export markets. The cause of the recall is paint having been wrongly applied to the tailgate, which could lead to corrosion. The issue has not led to any injuries...

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