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Facebook owner suffers 26% plunge in share price

Digital Desk -
A historic plunge in the stock price of Facebook’s parent company has helped yank other tech stocks lower on Wall Street, abruptly ending a...
EUROPE

European Central Bank plans to redesign euro banknotes

Digital Desk -
The European Central Bank (ECB) has revealed plans to redesign its euro banknotes, with a final decision on the new look expected in 2024. The...
ECONOMY

Inflation across eurozone hits record high of 4.9%

Digital Desk -
Consumer prices across the 19 countries that use the euro currency are rising at a record rate, official figures show. Eurostat, the European Union’s statistics...
BUSINESS

Co-founder of Subway sandwich shop chain Peter Buck dies aged 90

Digital Desk -
Peter Buck, whose 1,000 US dollars (£750) investment in a family friend’s Connecticut sandwich shop in 1965 provided the genesis for what is now...
BUSINESS

No quarter given as US retailer Dollar Tree ups prices to 1.25

Digital Desk -
US discount retailer Dollar Tree is raising the price of the majority of its products by 25 cents due to the rising cost of...
BUSINESS

Italian competition watchdog fines Apple and Amazon £170m

Digital Desk -
Italy’s competition watchdog has fined Apple and Amazon a total of more than 200 million euros (£170 million) for cooperating to restrict competition in...
BUSINESS

Elon Musk sells more Tesla shares, but stock drops in early trading

Digital Desk -
Tesla chief Elon Musk has sold another chunk of his stock after pledging on Twitter to liquidate 10% of his holdings in the electric...
BUSINESS

Microsoft profit up amid cloud computing growth

Digital Desk -
Growth in Microsoft’s cloud computing business helped push its profit up 24% in the July-September quarter over the same time last year. The tech company,...
WORLD NEWS

Lego builds up €850m net profit as sales soar

Digital Desk -
Danish toy company Lego has said it saw sales soar by 36 per cent, revenue grow by 46 per cent to 23 billion kroner...
BUSINESS

HP and Procter & Gamble join companies in pledge to cut emissions

Digital Desk -
Computer-maker HP, consumer goods business Procter & Gamble and coffee capsule company Nespresso have joined a corporate pledge to sharply cut their greenhouse gas...
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