Manufacturers in Shanghai, including western car makers Volkswagen and Tesla, have been particularly impacted by the restrictions as staff were kept away from factories or had to work in so-called “closed loop” conditions, where they lived at the plants.
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Strong job gains in US add to economic puzzle
admin, , Business, 0
“Perhaps the report details, with the unemployment rate rising and average hourly earnings growth slowing, tilts the decision to...
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Euro falls below dollar for first time in 20 years
admin, , Business, 0
The single currency has been worth more than the dollar for most of its history. It lagged below the...
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Johnson & Johnson to pay $230m to settle opioid claim
admin, , Business, 0
“Johnson & Johnson helped fuel this fire, but today they’re committing to leaving the opioid business – not only...
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Firms call for urgent help with energy bills
admin, , Business, 0
The five groups – the British Chambers of Commerce, the Confederation of British Industry, the Federation of Small Businesses,...
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Facebook agrees to pay France €106m in back taxes
admin, , Business, 0
Image copyright Getty Images Facebook has agreed to pay the French government €106m (£95.7m) in back taxes to settle...
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Biden: Infrastructure bill is ‘monumental step forward’
admin, , Business, 0
Of course, promises can be broken – and there’s still the possibility centrists could derail the spending package, either...
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Food price cap will not make a difference – retailers
admin, , Business, 0
The BRC, a trade association which advocates on behalf of more than 200 retailers, said the government should focus...
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Bates learned of knighthood at Post Office inquiry
admin, , Business, 0
The campaigner and former sub-postmaster, Alan Bates, was at the public inquiry into the Post Office scandal when he...
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