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Friday, January 28, 2022
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BUSINESS

Tesla posts record full-year earnings as vehicle sales soar

Tesla has posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has...

US stocks slide after Fed signals interest rates will rise ‘soon’

An early market rally on Wall Street gave way to a broad slide for stocks and a surge in bond yields after the Federal...

Death toll rises after blaze at major Kuwait oil refinery

The death toll from a fire at a major oil refinery in Kuwait has been raised to four after two critically injured workers died...

IMF calls on El Salvador to drop Bitcoin as legal tender

The International Monetary Fund wants El Salvador to drop the highly volatile cryptocurrency Bitcoin as legal tender and strictly regulate the electronic wallet the...

Microsoft buys gaming firm Activision Blizzard for £50bn

Microsoft is buying gaming company Activision Blizzard for 68.7 billion dollars (£50.5 billion), gaining access to blockbuster games like Call Of Duty and Candy...

Next Slash Sick Pay For Unvaccinated Staff

Next Retail has just slashed sick pay for unvaccinated staff that are forced to isolate due to Coronavirus according to multiple news outlets. The...

Activists call on Tesla to close new Xinjiang showroom

Activists are appealing to Tesla to close a new showroom in China’s north-western region of Xinjiang, where government officials are accused of abuses against...

Iran insists on crude oil exports as Vienna nuclear talks resume

Iran has insisted that the United States and its allies should promise to allow Tehran to export its crude oil as negotiations on restoring...

Danish shipping giant Maersk acquires Hong Kong-based firm in £2.7bn deal

The world’s biggest shipping company, AP Moeller-Maersk of Denmark, has acquired Hong Kong-based LF Logistics in a deal worth 3.6 billion US dollars (£2.7...

Qantas forecasts £594 million loss in ‘worst’ half year

Australia’s national carrier Qantas is forecasting a loss of more than 1.1 billion Australian dollars (£594 million) in July – December in what its...

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