Today’s business news.
DREAMLINER TROUBLES
Two fresh setbacks have hit Boeing's 787 Dreamliner plane, days after an electrical fire broke out on board a Japan Airlines Dreamliner on Monday.
In the latest incident, Japan's All Nippon Airways cancelled a domestic 787 flight from Yamaguchi to Tokyo on Wednesday because of a brake problem.
On Tuesday, Japan Airlines cancelled a Boston to Tokyo flight after about 40 gallons (151 litres) of fuel spilled. Passengers got off safely and no-one was hurt, an airport spokesman said.
PLAY.COM SHUT DOWN RETAIL BUSINESS
Online retailer Play.com is to shut down its retail business to become a marketplace-only, from March. The Jersey-based firm blamed the move on the ending of Low Value Consignment Relief, which allowed items less than £15 to be sold to the UK VAT-free.
All 147 staff in Jersey are to be made redundant as well as 67 in its Cambridge and Bristol offices. Play.com will now become more like a shopping centre, no longer selling directly to customers.
The Low Value Consignment Relief (LVCR) loophole was closed by the UK government in April 2012.
SONY’S NEW WATERPROOF PHONE
Sony has announced a new smartphone that can be used in the shower or bath without the risk of damage. This water-resistant feature is relatively common in Japan, but has not been included in many top-end smartphones released elsewhere.
The Xperia Z can also record HDR (high dynamic range) video, a facility borrowed from its camera division.
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