EU moves to cut dependency on China for battery and solar panel materials
Parliament votes to cut mining red tape and diversify its supplies of raw materials such as lithium and silicon The EU has voted in a...
Category : Business
Wegovy maker Novo Nordisk becomes Europe’s most valuable firm
Launch of weight-loss drug in UK helps Danish firm to market value of $428bn The success of the weightloss drug Wegovy has helped its Danish...
Owners of 100,000 properties held by foreign shell companies unknown despite new UK laws
Loopholes are used to obscure ownership of two-thirds of English and Welsh properties held by foreign shell companies More than two-thirds of English and Welsh...
EU imports of Russian liquified gas leap by 40% since Ukraine invasion
Pipeline flows from Russia have fallen to historic lows, but shipments of LNG from all over the world have surged EU imports of Russian liquified...
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...
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...
