BUSINESS

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Apple loses position as most valuable firm amid tech sell-off

Apple has lost its position as the world's most valuable company amid a broad sell-off of technology stocks.

Saudi Arabian oil and gas producer… Read more

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Tui warns no last minute deals as holiday bookings surge

Holiday giant Tui has said it expects summer bookings to "almost reach" 2019 levels this year, but warned there will be "no last minute" low price… Read more

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Ukraine sanctions: What pain lies ahead for Russia's economy?

At a glance, Russia has so far been able to fend off an economic collapse following its invasion of Ukraine.

It has been hammered by sanctions… Read more

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Energy firm windfall tax has not been ruled out

A windfall tax on big oil and gas companies to help tackle the soaring cost of living has not been ruled out, sources close to the chancellor say.

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Elon Musk would reverse Donald Trump's Twitter ban

Elon Musk says if his bid to buy Twitter is successful he will reverse Donald Trump's ban from the platform.

The richest man in the world… Read more

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Toyota cuts production due to Covid lockdown in Shanghai

Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai.

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US faces baby formula crisis as shortage worsens

Major US pharmacies have restricted sales of baby formula in response to a worsening shortage of the special milk.

CVS and Walgreens are among… Read more

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Electric models drive second-hand car sales higher

Second-hand car sales have risen this year, boosted by a sharp increase in the number of used electric vehicles on the market.

Sales of used… Read more