BUSINESS

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New Tesla factories losing billions of dollars, Musk says

Elon Musk says Tesla's new factories in Germany and the US are "losing billions of dollars" due to battery shortages and supply disruptions in… Read more

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Energy bills: Watchdog plans to prevent company closures

als come after a string of high profile closures linked to high wholesale costs.

Planned measures include a cap on payments billed via direct… Read more

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Interest-free loan scheme aims to reach 20,000 people

A scheme offering interest-free loans to the financially vulnerable is being expanded to reach up to 20,000 people.

After a successful trial… Read more

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Sri Lanka should have gone to IMF sooner, says central bank governor

Sri Lanka could have avoided its current economic turmoil if it had gone to the International Monetary Fund (IMF) for a bailout sooner, the country's… Read more

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Yen falls as Bank of Japan bucks rate rise trend

The yen has fallen sharply after Japan's central bank kept its ultra-low interest rates on hold as policy makers around the world hike the cost… Read more

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Global stock markets fall as economy fears grow

Asian stocks fell on Friday after major losses in the US and Europe as worries about the economy intensify following a series of rate hikes around… Read more

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How India could become a 'mushroom superpower'

Three years ago Fulrida Ekka, who lives near Siliguri in West Bengal, knew she had to find a new source of income.

Her husband had died and… Read more

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UK interest rates raised to 1.25% by Bank of England

UK interest rates have risen further as the Bank of England attempts to stem the pace of soaring prices.

Rates have increased from 1% to 1.25%,… Read more