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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Gas prices hit new record sparking fears over bill rises
admin, , Business, 0
Sarah Hewin, a senior economist at Standard Chartered Bank, agreed, warning that with rising gas prices feeding into higher...
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Amazon online sales improve despite economy fears
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Mr Jassy, who took over as chief executive two years ago, has focused on trimming costs and improving efficiency,...
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Windfall tax to end if energy prices drop
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In a statement, the Treasury said the windfall tax – called the Energy Profits Levy – will end if...
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Waitrose signs up Deliveroo for rapid food delivery
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Image copyright Getty Images Waitrose has signed a deal with takeaway food company Deliveroo to give customers a fast-track...
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Facebook changes its name to Meta in major rebrand
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It was the latest in a series of stories based on internal documents leaked by ex-employee Ms Haugen to...
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Faisal Islam: The Budget was more radical than it looked
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This “fiscal drag” will mean over three million more higher-rate taxpayers, and nearly four million more low earners paying...
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How a tiny Pacific Island became the global capital of cybercrime
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It was from an early internet entrepreneur from Amsterdam, named Joost Zuurbier. He wanted to manage Tokelau’s country-code top-level...
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Sports Direct’s Mike Ashley to hand reins to future son-in-law
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“I looked at Flannels and thought it could be so much bigger than it was,” Mr Murray said in...
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