BUSINESS

Palm oil is used as a cooking oil and an ingredient in processed foods and other products

Lab-grown alternatives aim to cut palm oil dependence

"In 2013 I flew to Singapore, and when I landed I had to wear a mask," says the boss of US tech firm C16 Biosciences. "The… Read more

Apple boss

Apple boss Tim Cook to have pay cut by over 40% this year

The technology giant says Mr Cook requested the cut after criticism from shareholders.

Apple's… Read more

World Bank

Global recession warning as World Bank cuts economic forecast

 

It expects the world economy to grow by just 1.7% this year - a sharp decrease… Read more

Disney boss

Disney boss calls for workers to return to office four days a week

Chief executive Bob Iger said so-called "hybrid" workers will now be asked to treat "Monday through Thursday as in-person workdays".

He also… Read more

Samsung

Samsung sees profits plunge by 69% as chip prices slump

 

The world's biggest maker of memory chips, smartphones and TVs forecast its operating profit for the period… Read more

Tesla

Tesla says it delivered record 1.3 million vehicles in 2022

It comes after the company delivered more than 405,000 vehicles in the last three months of 2022.

However,… Read more

ExxonMobil

Energy giant ExxonMobil sues EU to block energy windfall tax

A windfall tax is imposed on firms that benefitted from something they were not responsible for.

Energy firms are getting much more money for… Read more

Russia bans oil sales

Russia bans oil sales to countries using price cap

The price cap - which was agreed by the G7 group of nations, Australia and the EU - came into force on 5 December.

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