Ørsted shares fall 25% after it reveals troubles in US business
Almost £7bn wiped off value of world’s largest offshore wind company over possible £1.8bn write-down Shares in the world’s largest offshore wind company have tumbled...
Category : Business
Brics group looks to expand at summit despite divisions among key members
Experts say India concerned about expansion and any overt anti-west turn as leaders fly into South Africa Leaders from developing countries representing almost half the...
UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – business live
UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting The statement...
UK to retain EU safety mark in latest Brexit climbdown
Government bows to pressure from industry over costs of switching over to British marking The UK will retain the EU’s product safety mark indefinitely, in...
Unilever to comply with Russian conscription law if staff called up
Consumer group says it is aware of rules that could mean its employees in Russia are sent to war in Ukraine The consumer group Unilever,...
Nokia and Ericsson shares fall as cost of living crisis hits telecoms sales
Finnish company lowers profit expectations, while Swedish firm expects flat or ‘slightly up’ margins Shares in Nokia and Ericsson fell after the telecommunications equipment suppliers...
Truck driver held after spilled potatoes cause choas on Danish bridge
Spills occur as Danish parliament passes law to tax petrol and diesel trucks transporting heavy loads A 57-year-old truck driver has been detained after loads...
Council on hook ‘for £10m’ over border post left in limbo by Brexit
The £25m port facility was built to fit government plans but stands empty while new border strategy is delayed As white elephants go, few come...
Balearic authorities call meeting with Ryanair in pastry carry-on
Airline said to have demanded two passengers pay €45 each to take ensaïmada onboard with hand luggage The government of the Balearic Islands has called...
Facebook owner Meta fined €1.2bn for mishandling user information
Penalty from Ireland’s privacy regulator is a record for breach of EU data protection regulation Business live – latest updates Facebook’s owner, Meta, has been...
