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Chinese manufacturing weakens as anti-virus controls tighten

China’s manufacturing activity fell to a five-month low in March after most of Shanghai and two other industrial centres were shut down to fight...

Tesla opens ‘Gigafactory’ near Berlin – its first in Europe

Electric car manufacturer Tesla is opening its first European factory on the outskirts of Berlin in an effort to challenge German automakers on their...

EU regulators clear Amazon’s £6.48bn purchase of MGM

European regulators have cleared Amazon’s purchase of Hollywood studio MGM, saying the deal does not raise any competition concerns. The online shopping giant said last...

Elon Musk gives $5.7bn in Tesla stock to charity

Tesla chief executive Elon Musk donated about 5 million shares of company stock worth roughly $5.7 billion dollars (€5 billion) to an unidentified charity...

Facebook owner suffers 26% plunge in share price

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...

European Central Bank plans to redesign euro banknotes

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...

Inflation across eurozone hits record high of 4.9%

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...

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

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...

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

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

Italian competition watchdog fines Apple and Amazon £170m

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...

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