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Showing posts from April, 2022

Buyers revive interest in city flats after return to office

Interest in flats is overtaking demand for terraced homes with the return to office work, research suggests. from BBC News - Business https://ift.tt/szBoOjq

Chancellor breaks pledge on energy bills

Rishi Sunak said a £150 council tax rebate would be paid "in April" but guidance now says "from April". from BBC News - Business https://ift.tt/If3e0pJ

Amazon sell-off ends dismal month for US shares

Major US stock indexes took a slide in April, with the tech-heavy Nasdaq seeing its worst month since 2008. from BBC News - Business https://ift.tt/sVtLP0e

Russia says it has made payments to avoid debt default

Moscow has paid interest on foreign bonds in dollars but admits there are "difficulties with payments". from BBC News - Business https://ift.tt/xGOk2aB

Elon Musk sells almost $4bn worth of Tesla shares

It comes as the electric car maker's chief executive moves ahead with his $44bn takeover of Twitter. from BBC News - Business https://ift.tt/uC8J7Eh

Energy prices: Fears and cutbacks as hike hits disabled families

Parents of disabled children say they fear rising energy prices could make their condition worse. from BBC News - Business https://ift.tt/m2HSnf3

Number of firms in critical financial distress rises sharply

A growing number of businesses, especially in construction and hospitality, are in a critical position. from BBC News - Business https://ift.tt/WgJ694q

Energy-intensive firms to get electricity bill help

Steel and paper manufacturers are among industries which will receive financial support to pay bills. from BBC News - Business https://ift.tt/5UsjWSi

Vaccine makers see off push to share Covid know-how

Shareholders failed to get Pfizer, Johnson & Johnson and Moderna to share their Covid vaccine knowledge. from BBC News - Business https://ift.tt/KDIHb4n

Do you want to find out how much your colleagues earn?

Driven by demand from their staff a growing number of companies are introducing transparency on pay. from BBC News - Business https://ift.tt/SXyxtCm

Amazon posts loss as online sales falter

Online sales at the e-commerce giant slipped 3% in the first three months of the year. from BBC News - Business https://ift.tt/6cYtzKM

Indian billionaire Mukesh Ambani plans bid for Boots, reports say

Mr Ambani, who is one of Asia's richest people, is reportedly planning a takeover of the retail chain. from BBC News - Business https://ift.tt/9qYynAN

Elon Musk loses bid to end Tesla tweets oversight deal

The ruling comes just days after the world's richest person struck a deal to buy Twitter for $44bn. from BBC News - Business https://ift.tt/pNzPQ4Y

Bitcoin becomes official currency in Central African Republic

The Central Africa Republic is one of the world's poorest countries, and is a close Russian ally. from BBC News - Business https://ift.tt/5bX8FqO

UK car production down as energy costs rise

Almost 100,000 fewer cars were built in the first three months of 2022 compared to last year. from BBC News - Business https://ift.tt/bn4maDX

Daily Facebook users up again after first-ever decline

But Facebook owner Meta is struggling with its slowest revenue growth since at least 2012. from BBC News - Business https://ift.tt/0lFXv48

Share prices fall on concerns over further China lockdowns

The technology-heavy Nasdaq Composite index in New York closed at its lowest level since late 2020. from BBC News - Business https://ift.tt/j8rMyGH

First P&O ferry crosses Channel since sackings

The company's Spirit of Britain ferry departed Dover just after 23:00 BST on Tuesday. from BBC News - Business https://ift.tt/Hbzogha

Kellogg's in court battle over new rules for high-sugar cereals

The company says new healthy food rules fail to consider the nutritional value of milk added to cereals. from BBC News - Business https://ift.tt/tjhBd9X

'I'm in work but I need to use a food bank'

The Trussell Trust charity expects food poverty to worsen in the UK as the cost of living crisis deepens. from BBC News - Business https://ift.tt/wyDZR1Y

‘Vampire devices’ cost UK households £147 a year

Leaving devices on standby costs the average household two monthly electric bills, research suggests. from BBC News - Business https://ift.tt/3F86RBt

Ukraine crisis: Why India is buying more Russian oil

Imports of cheaper Russian oil by India are rising, despite calls for Delhi to help isolate Russia economically. from BBC News - Business https://ift.tt/COBhk5d

Who is Elon Musk?

The boss of Tesla and SpaceX is the world's richest person and a business celebrity with few rivals. from BBC News - Business https://ift.tt/fxgPyNc

New Brexit rules caused major shock to UK-EU trade - report

A new study found that imports from the EU fell by 25% relative to those from elsewhere. from BBC News - Business https://ift.tt/pwuAtlK

Government borrowing halves as Covid costs fall

Borrowing in the year to March more than halved from the previous 12 months as Covid schemes were wound down. from BBC News - Business https://ift.tt/5Pznm9y

Call for extra bank holiday to be made permanent

Dragons' Den star Deborah Meaden is among business leaders who signed an open letter to ministers. from BBC News - Business https://ift.tt/DfFM1OU

People reliant on cash risk being cut adrift, Which? says

Consumer group Which? has written to the Treasury calling for urgent action to protect access to cash. from BBC News - Business https://ift.tt/eljWH6o

Will Ford's new truck finally make Americans buy electric?

Ford says the launch of the electric version of its classic F-150 pickup is a "big bet" for the company. from BBC News - Business https://ift.tt/AS0Cauy

The high-tech fitness mirrors that aim to get you exercising more

The machines allow the user to see both his or her reflection and a video of an online instructor. from BBC News - Business https://ift.tt/d9Lq4zu

Live music revenue fell again in 2021, despite gigs returning

Royalties for live music were down almost 30% last year, but a recovery is on the horizon. from BBC News - Business https://ift.tt/gDPLJy7

Nissan signals the end of the road for Datsun cars

The Japanese firm previously called the range of cars "an important part of Nissan's DNA". from BBC News - Business https://ift.tt/XbLzS63

Twitter board meets Musk to discuss bid, reports say

How the Tesla boss plans to finance his offer reportedly made the board seriously consider a deal. from BBC News - Business https://ift.tt/ZxCMjNA

Why Argentina is embracing cryptocurrency

The nation that has seen economic trauma is open to the possibility of alternative money like Bitcoin. from BBC News - Business https://ift.tt/aCSxfE0

Morrisons cuts prices of 500 items as inflation soars

The supermarket, which is under threat from discounters like Aldi, says it wants to help struggling shoppers. from BBC News - Business https://ift.tt/JL5Q3Wl

Airlines should be fined for refund delays, MPs say

Passengers hit by international travel disruption should be better protected, a report concludes. from BBC News - Business https://ift.tt/FgUzmr1

P&O forced to reverse attempt at pay cut

The ferry firm had asked recently-employed agency workers to sign new contracts with reduced wages. from BBC News - Business https://ift.tt/2FLoSnM

'My negative online review was blocked'

Regulators are trying to clean up the murky truth in online reviews. from BBC News - Business https://ift.tt/FGJry2N

Post Office scandal victims still waiting for compensation

A year since the first subpostmasters overturned wrongful convictions, most still await a financial settlement from BBC News - Business https://ift.tt/mnZipxN

CNN streaming service to shut a month after launch

It comes as Netflix has reported a plunge in subscribers in the face of stiff competition from rivals. from BBC News - Business https://ift.tt/7IE1Wod

Ukraine War: Country needs $7bn in aid a month, Zelensky says

"We will need hundreds of billions of dollars to rebuild all this later", Ukraine's president added. from BBC News - Business https://ift.tt/vF9JuoA

Co-op supermarket scraps yoghurt use by dates in bid to cut food waste

The supermarket urges people to use their judgement - with best before labels used instead. from BBC News - Business https://ift.tt/f7x2pSZ

Florida lawmakers have stripped Disney of special tax status

Governor Ron DeSantis has taken aim at Disney over its opposition to the so-called Don't Say Gay bill. from BBC News - Business https://ift.tt/XBUTvlE

Have we seen peak Netflix?

The streaming giant is losing subscribers despite huge hits like Squid Game and Bridgerton. from BBC News - Business https://ift.tt/8vLZ9dR

Whisky and visas could be part of a UK-India trade deal

Boris Johnson is hoping to strike a free trade deal with India within months. from BBC News - Business https://ift.tt/NO0JkWt

Shanghai lockdown: European firms face 'logistical nightmare', says business group

It comes after UK and US business groups said their members have been hit by Covid measures in China. from BBC News - Business https://ift.tt/dTZWLcw

Ukraine war: World Bank warns of 'human catastrophe' food crisis

The World Bank chief says hundreds of millions more people could be pushed into poverty. from BBC News - Business https://ift.tt/v7jPC8b

Pandemic lockdowns boosted trend to use less make-up

A survey of 10,000 British women by retail analyst Kantar has revealed big changes to beauty routines. from BBC News - Business https://ift.tt/t75Mfxm

Working with assertive China a must - New Zealand PM Jacinda Ardern

New Zealand's PM tells the BBC in an exclusive interview she'll work with China where possible. from BBC News - Business https://ift.tt/RBSKTyH

Actors launch campaign against AI 'show stealers'

Equity, the performing arts workers union. says actors need protection from computer-generated substitutes. from BBC News - Business https://ift.tt/OfXeIN1

Tesla profits soar as customers pay more

Elon Musk's Tesla has raised prices for its electric cars as it faces higher costs. from BBC News - Business https://ift.tt/JhUSqai

The Zomato and Swiggy riders risking their lives to deliver food

The BBC followed overworked delivery riders as they raced against time to take food to customers. from BBC News - Business https://ift.tt/Ifp21Q9

Shark Tank: India TV show proves entrepreneurship isn't just for rich

The business show featured 67 ideas on which investors spent more than 400m rupees. from BBC News - Business https://ift.tt/SomldBh

Self driving car guidance to be put in Highway Code

Drivers will be able to watch built-in screens in self-driving cars but not use mobile phones. from BBC News - Business https://ift.tt/yQeJ2Vl

Fake reviews to be illegal under new rules

The government has also announced people will be able to opt out of subscriptions more easily. from BBC News - Business https://ift.tt/e7EC61a

Netflix loses subscribers for first time in more than 10 years

About 200,000 people cancelled the streaming service in the first three months of the year. from BBC News - Business https://ift.tt/d5P2h4M

P&O Ferries: Agency staff sacked after breaching alcohol guidelines

P&O said the workers, who replaced sacked UK seafarers, returned from shore in breach of the rules. from BBC News - Business https://ift.tt/SglrAUC

Sri Lanka set for 'series of defaults', says leading rating agency

This week, Sri Lankan officials started talks with the International Monetary Fund over a bailout. from BBC News - Business https://ift.tt/2ju43Kn

Jacob Rees-Mogg calls for civil servants to return to the office

A "clear message" must be sent to civil servants about ending home working, minister says. from BBC News - Business https://ift.tt/ikCGcAw

Wales' hospitality businesses struggle to recruit staff

One holiday park owner hires five chefs from India after being unable to fill the jobs locally. from BBC News - Business https://ift.tt/Aq0MkPh

US judge throws out Biden mask mandate for planes and trains

A federal judge in Florida, appointed by Donald Trump, says the CDC exceeded its authority. from BBC News - Business https://ift.tt/yuTs6Il

Rail ticket sale launched as travel costs criticised

The move was announced to boost numbers on trains, which have not yet returned to pre-pandemic levels. from BBC News - Business https://ift.tt/LzO3dVs

Calls grow for free or low-cost Covid tests to keep staff safe

One trade body suggests three quarters of its members have had staff off sick in the last month. from BBC News - Business https://ift.tt/3uytLwc

Apple staff make bid for first union at a US store

Employees must get signatures from 30% of staff at New York's Grand Central Station for a union election. from BBC News - Business https://ift.tt/wg7xLq1

Alex Jones' Infowars files for bankruptcy after defamation suits

It will complicate efforts to make him pay damages in lawsuits over Sandy Hook conspiracy theories. from BBC News - Business https://ift.tt/XsqeDg1

Emirates will keep flying to Russia unless its owner stops it

It is one of a few airlines still operating in Russia after most pulled out over the war in Ukraine. from BBC News - Business https://ift.tt/FsnOE73

Households cancel streaming services to cut costs, report says

The rise in the cost of living has led to more households cutting their subscription services. from BBC News - Business https://ift.tt/1O8k3MC

Shanghai lockdown: China spending and employment hit

Official figures also showed the world's second largest economy grew at a faster pace than expected. from BBC News - Business https://ift.tt/phvswjq

Why I didn't use my real name at work

Should you change your name to fit in at work? We look at why some people have anglicised their names. from BBC News - Business https://ift.tt/NvxA5Dm

Christmas savings clubs money to be protected by new laws

The government wants shoppers' money to be protected even if the scheme they are in goes bust. from BBC News - Business https://ift.tt/cVhPMxq

Lumo train passengers' panic after emergency stop

British Transport Police say 15 train passengers reported minor injuries after the emergency stop. from BBC News - Business https://ift.tt/jFefqiR

Next and finance firms buy JoJo Maman Bebe

There will be no immediate job losses at the baby goods retailer, although its founder will step down. from BBC News - Business https://ift.tt/yDBGeMx

Climate change: 'We're making wine in Norway'

Vineyards are moving further north, but new winemakers say they struggle to be taken seriously. from BBC News - Business https://ift.tt/0Wz5eLn

Ukraine war: L'Occitane U-turn as it closes Russian shops

The firm says military action in Ukraine means it will shut its shops, having defended staying open. from BBC News - Business https://ift.tt/7wd4mV9

Council tax rebate: Warning issued over new scam pretending to offer £150

Fraudsters are cold-calling people asking for bank details to receive the £150 rebate, say councils. from BBC News - Business https://ift.tt/1hZcgzE

'The Post Office interrogated me for hours'

There are calls to ban the Post Office from bringing private prosecutions following the Horizon IT scandal. from BBC News - Business https://ift.tt/OhyCMU1

Twitter's board readies against hostile takeover

The so-called "poison pill" measure is in response to Elon Musk's $43bn cash buyout offer. from BBC News - Business https://ift.tt/ZRvjzXL

Elon Musk 'not sure' his takeover bid for Twitter will be successful

The comments came just hours after the Tesla boss revealed a more than $40bn takeover offer for Twitter. from BBC News - Business https://ift.tt/XruKYbE

North Korean hackers target gamers in $615m crypto heist - US

Crypto worth at least $615 million was stolen from players of popular online game Axie Infinity. from BBC News - Business https://ift.tt/aLDE7Ii

Coca-Cola Enterprises boss admits taking £1.5m in bribes

Noel Corry, 56, of Cheshire, provided favoured companies with information to help them win contracts. from BBC News - Business https://ift.tt/IfB86jd

Crypto boss says fraudsters have 'special place in hell'

An executive at one of the largest cryptocurrency exchanges hits out at scammers who target the vulnerable. from BBC News - Business https://ift.tt/rXHCquD

Ukraine's President Zelensky to BBC: Blood money being paid for Russian oil

Ukraine's leader tells the BBC that all European countries should have ended Russian energy imports. from BBC News - Business https://ift.tt/Spq2nBP

Elon Musk makes offer to buy Twitter

The boss of Tesla claims he wants to unlock the social media platform's "extraordinary potential". from BBC News - Business https://ift.tt/abUD1ZK

NFT of Jack Dorsey's first tweet struggles to sell

Malaysia-based Sina Estavi has been offered just a small fraction of the $2.9m he paid for the tweet. from BBC News - Business https://ift.tt/jksl9Ge

BA offers new cabin crew £1,000 'golden hello'

The bonus will only be paid to those who can join before July as the industry battles to find new staff. from BBC News - Business https://ift.tt/atZvTkM

Sri Lanka debt default 'has begun' - rating agency

The country is scheduled to make $78m of interest payments on its international bonds on Monday. from BBC News - Business https://ift.tt/wYMUGgp

'Flooding meant I could only reach my home by boat'

Under a new scheme, money will be available for work on flood-hit properties to prevent repeat damage. from BBC News - Business https://ift.tt/JM1wUBN

Beauty firm L'Occitane keeps Russian stores open

The French cosmetics firm will keep its shops in Russia open but says it is "firmly committed" to Ukraine. from BBC News - Business https://ift.tt/dVqzyvS

Soaring petrol costs drive inflation to 30-year high

Prices went up by 7% in the 12 months to March, as food, fuel and energy prices continued to climb. from BBC News - Business https://ift.tt/ZjByv2R

US cryptocurrency expert jailed for helping North Korea evade sanctions

Virgil Griffith was sentenced to five years and three months in prison by a court in New York. from BBC News - Business https://ift.tt/O3ArxfS

China lockdowns: iPhone maker halts operations at China sites

Taiwanese firm Pegatron is latest manufacturer to halt operations because of the Shanghai lockdown. from BBC News - Business https://ift.tt/1oCFWnA

My Job: 'I like breaking the prison officer stereotype'

Mica has been working at HMP Portland in Dorset, which houses over 500 prisoners, for five years. from BBC News - Business https://ift.tt/MLlNy6x

P&O Ferry detained over deficiencies - coastguard

The Spirit of Britain cannot sail until further inspection as concerns brew over Dover travel disruption. from BBC News - Business https://ift.tt/eH6xcVp

How posh British schools are branching out in Asia

A growing number of leading British public schools are opening campuses in the region. from BBC News - Business https://ift.tt/weCNQo5

Extinction Rebellion: Lloyd's of London protest held by activists

The activist group is demanding that Lloyd's of London stops insuring fossil fuel projects. from BBC News - Business https://ift.tt/Thwd3Pc

Warning travel problems could continue into summer

Border force is "chronically under-staffed" and it will take time to train new officers, a union says. from BBC News - Business https://ift.tt/pJZoUjH

Sri Lanka warns it will default on its foreign debt amid crisis

The finance ministry said it otherwise had an "unblemished record" of paying its debts since independence. from BBC News - Business https://ift.tt/l0M8jR2

Pay growth fails to keep pace with cost of living

Basic pay is "falling noticeably" when accounting for price rises, the Office for National Statistics says. from BBC News - Business https://ift.tt/sd5EDJi

Nepal limits imports as foreign currency reserves slide

Nepal's finance minister said he was "surprised" the issue was being compared with Sri Lanka's crisis. from BBC News - Business https://ift.tt/47srART

Preferred sites for Darlington's 'Treasury North' revealed

During a visit to Darlington, Rishi Sunak said Brunswick and Central Park were the two contenders. from BBC News - Business https://ift.tt/vBZh2X0

Shop sales slow as cost of living pressures build

Sales growth in March slowed due to people tightening up their personal budgets, the BRC says. from BBC News - Business https://ift.tt/kVF2W3A

Elon Musk will now not join Twitter's board, CEO says

The Tesla boss was due to join the social media platform's board after buying a 9.2% stake in the firm. from BBC News - Business https://ift.tt/EhFnxpg

Why is there an economic crisis in Sri Lanka?

Sri Lanka's worst economic crisis in 70 years has prompted mass protests against the government. from BBC News - Business https://ift.tt/DHntgYT

Cost of living worries over rise in benefits and state pension

An increase of 3.1% comes into force but prices are rising faster, leading to warnings from charities. from BBC News - Business https://ift.tt/OpfDlLB

DIY waste recycling fees could be scrapped

Ministers want to stop some councils in England charging for the disposal of materials. from BBC News - Business https://ift.tt/wSimrD2

Energy giant Ineos asks to build fracking test site

The firm has written to the government and says it can demonstrate fracking is safe and secure. from BBC News - Business https://ift.tt/C2Ycjuy

War to cut Ukraine's economy by almost half

The World Bank forecasts Ukraine's economy will shrink by 45.1% as a result of Russia's invasion. from BBC News - Business https://ift.tt/Eft0rPT

P&O Ferries: Larne-Cairnryan passenger service facing delay

The European Causeway vessel is suspended for "tourist travel" until Thursday 14 April, P&O tweets. from BBC News - Business https://ift.tt/4wdVHh1

'I don't want rising bills to mean kids miss out'

Taxes and bills are rising, so how do small businesses - already hit by Covid - think they'll cope? from BBC News - Business https://ift.tt/C4BOhTf

Rishi Sunak demands inquiry into Akshata Murty tax leak

Akshata Murty will pay UK taxes on all her overseas income after a row over her non-domicile status. from BBC News - Business https://ift.tt/YlWfmRz

'Real embargo on Russian energy could end Ukraine war'

President Putin's former chief economic advisor told the BBC that Western countries could stop the war. from BBC News - Business https://ift.tt/koHqIPc

Hauliers fear ruin as produce halted by port delays

Perishable good deliveries are losing quality and value amid congestion at the UK's busiest port. from BBC News - Business https://ift.tt/G2yN63S

Scottish farmers warn of rising costs and food shortages

The Scottish government calls for a summit of UK ministers to discuss the problems facing food producers. from BBC News - Business https://ift.tt/HLo6KxA

P&O ferry detained in Larne over safety concerns back sailing

The ship had been held by the Maritime and Coastguard Agency after P&O sacked 800 of its workers. from BBC News - Business https://ift.tt/RQhtka0

House price squeeze: 'I bid dozens of times but lost'

Surging home prices have created a spiralling cost of living crisis in the US. from BBC News - Business https://ift.tt/xDw6dI1

Manchester Airport boss warns queues could continue for weeks

Manchester Airport has blamed staff shortages for long waits at security over the past month. from BBC News - Business https://ift.tt/PEHNgYz

Kinder chocolate recalled in US over salmonella concerns

It comes after the firm recalled its Kinder Surprise chocolate eggs from UK stores earlier this week. from BBC News - Business https://ift.tt/5UEt0iI

'I look for jobs every day but don't have the training'

Can France's next leader do more to tackle soaring unemployment and a lack of skilled workers? from BBC News - Business https://ift.tt/97QIO3g

What's causing flight disruption this Easter?

Foreign travel has got off to a bumpy start since Covid restrictions ended, but what is causing it? from BBC News - Business https://ift.tt/ntG9BVI

Firms struggle amid Sri Lanka's economic crisis

The South Asian nation is facing its worst economic crisis since independence from the UK in 1948. from BBC News - Business https://ift.tt/j21GHXq

Are paper football programmes on their way out?

As a number of clubs stop printing programmes some say their future is in doubt. from BBC News - Business https://ift.tt/ZNJhKe2

Tesco staff to see pay rise to £10.10 an hour

The supermarket says 5.8% rise in pay reflects the hard work of staff in its stores and warehouses. from BBC News - Business https://ift.tt/PInbYvf

Dover: Council will declare 'major incident' if travel disruption persists

Dover's District Council leader says the town "will not tolerate" another weekend of gridlock. from BBC News - Business https://ift.tt/CIkJpzA

House price rise since first lockdown revealed

Strong demand and a lack of homes on the market have pushed up property values, the Halifax says. from BBC News - Business https://ift.tt/XK6BilD

Oil giant Shell to take £3.8bn hit by leaving Russia

The oil giant pledged to cut ties after it was criticised for buying Russian oil at a cheap price. from BBC News - Business https://ift.tt/W9ipsc4

Hitachi train cracks report calls for standards review

Hitachi Class 800 and 385 series trains were temporarily taken out of service in May 2021. from BBC News - Business https://ift.tt/j4xbgk5

China lockdowns: Tourism spending plunges over key holiday

Tourism spending over the Qingming festival was more than 30% lower than the same time last year. from BBC News - Business https://ift.tt/9AlSWZK

Will France's 'forgotten' workers get what they want?

Post-election the country's next leader must decide whether to re-invest in heavy industry, or not. from BBC News - Business https://ift.tt/JdjlnYW

Energy strategy: UK plans new nuclear reactors to boost production

The government wants to boost UK energy production and independence as household bills soar. from BBC News - Business https://ift.tt/9Sjhpwg

Are we entering a 'golden age' for trade unions?

The pandemic has led to an increase in the number of people joining a union to get support at work. from BBC News - Business https://ift.tt/DydZzVt

Broadband firms 'must do more to promote social tariffs'

The culture secretary says suppliers must do more to promote discounted rates to low-income homes. from BBC News - Business https://ift.tt/Eju3akZ

New number plate fails to boost March car sales

The Society of Motor Manufacturers' new data showed UK car sales were at their weakest in 24 years. from BBC News - Business https://ift.tt/y2dXNEj

The Works forced to shut some shops after cyber-attack

The retailer said that five of its 526 shops have temporarily been shut since the attack last week. from BBC News - Business https://ift.tt/Fl6NHwg

Zomato and Swiggy: Indian food delivery unicorns face antitrust probe

The country's competition watchdog is probing allegations that the firms charge exorbitant commissions. from BBC News - Business https://ift.tt/YIaS3cf

Sri Lanka central bank to get new governor amid economic crisis

P Nandalal Weerasinghe told the BBC that he will take up the role of the bank's governor on Thursday. from BBC News - Business https://ift.tt/0H1ftiF

Kinder Surprise eggs recalled over salmonella link

Food Standards Agency says 57 cases have been found, 77% of them in children aged five or younger. from BBC News - Business https://ift.tt/u1dot5V

Elon Musk snaps up $3bn Twitter stake

Tesla founder Elon Musk has bought almost a tenth of Twitter shares, worth almost $3bn. from BBC News - Business https://ift.tt/S8lfpVe

Sri Lanka central bank governor submits resignation amid crisis

Ajith Nivard Cabraal's announcement came after all of the country's cabinet ministers resigned. from BBC News - Business https://ift.tt/IZUgmKt

Tesla delivers record number of cars despite challenges

The electric carmaker delivered more than 310,000 vehicles in the first three months of this year. from BBC News - Business https://ift.tt/3qFOIkD

Trump's Truth Social app branded a disaster

Donald Trump's social media platform was supposed to be "fully operational" by the end of March. from BBC News - Business https://ift.tt/bqfYHTx

Price of first class stamps rises to 95p

Royal Mail says it will help cover rising delivery costs, but some have criticised the 11% hike. from BBC News - Business https://ift.tt/cNZKGv3

Shanghai lockdown: Economy shaken by zero-Covid measures

Shanghai is a major financial centre and port as well as a hub for manufacturing electronics and cars. from BBC News - Business https://ift.tt/1FS9y7o

EasyJet cancels 100 flights due to Covid absences

The airline said surging Covid rates in Europe were resulting in higher-than-usual levels of sickness. from BBC News - Business https://ift.tt/ExtCjAR

Energy rationing not part of UK approach, minister says

Grant Shapps says the policy is "not a route we want to go down" despite pressure on supplies. from BBC News - Business https://ift.tt/ViaYezW

Dover cross-Channel ferry disruption begins to ease

Drivers trying to reach ferries on Saturday saw delays of up to nine hours. from BBC News - Business https://ift.tt/v6izF1G

Sunflower oil: UK bottler has a few week's supply left

Makers of oven chips, crisps, ready meals and cereal bars are racing to find sunflower oil alternatives. from BBC News - Business https://ift.tt/csau6UA

Diesel delivery highlights UK dependence on Russia

Russia supplies nearly a fifth of UK diesel - the UK says it will stop imports by the end of the year. from BBC News - Business https://ift.tt/tIcdnMv

Manchester Airport: More delays blamed on lack of staff

A lack of staff and surging demand with the Easter are blamed for long baggage queues for arrivals. from BBC News - Business https://ift.tt/j0w3qde

Fracking 'worth exploring' says British Gas owner Centrica

Centrica's boss tells the BBC that the UK should be open to the idea of bringing back fracking. from BBC News - Business https://ift.tt/nCMLgTQ

Ukraine war to halve global trade growth, warns WTO

The World Trade Organisation says ongoing pandemic-related supply chain problems are also hurting growth. from BBC News - Business https://ift.tt/yovzdwM