Business News
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Italy bans Chinese control of tyre giant Pirelli.
Italy has taken steps to prevent a Chinese state-owned company from acquiring tire manufacturing behemoth Pirelli. The decision is part ...
Mortgage crisis: Annual repayments could soar by roughly £3k next year
Inflation and Bank of England interest rate hikes are driving the increase, which will strain many families’ budgets. According to ...
Bank leaders push Sunak to make big tech pay for fraud “pandemic”
The largest British institutions have informed the prime minister that the government must require companies like Meta Platforms, the owner ...
Binance leaves Netherlands and is investigated in France
According to French media reports, the largest cryptocurrency exchange in the world, Binance, is being investigated by French authorities. The ...
Tesco expects ‘encouraging early signs’ of grocery inflation dropping.
As the competition regulator scrutinizes industry prices out of concern that consumers are receiving a raw deal, the chief executive ...
Foxconn to produce vehicles as US-China relations deteriorate.
As it navigates a new era of icy Washington-Beijing relations, iPhone manufacturer Foxconn is betting heavily on electric vehicles and ...
National Grid to continue winter blackout prevention.
Despite persisting difficulties with the backup generation, an early report on winter preparations indicates a reduced risk of power outages. ...
Shopping and nights out boost economy after strikes.
Although April’s data contains several positive indicators, growth is being hampered by high inflation, which is chewing into the budgets ...
Sweden attributes an inflation surprise to Beyoncé.
Considered the conflict in Ukraine or supply chain bottlenecks to be the cause of rising prices? You must be unaware ...
First since 2022, US holds interest rates constant.
The US central bank has announced that interest rates will remain unchanged, the first time in more than a year ...
US inflation is at its lowest level since 2021 as fuel prices decline.
Last month, US egg, fuel and furniture prices decreased, lowering inflation to half its yearly high. In the 12 months ...
Next, Warburg Pincus discuss £500m Reiss sale
Reiss’ shareholders are working with the investment bank Raymond James on an auction of the fashion chain founded by David ...