Business - Page 121

Price rises dipped slightly in September as the economy continued to reopen, according to official figures. The increase in the cost of living, as measured by the Consumer Prices Index, fell to

Consumer prices in Canada rose at their fastest rate in 18 years in September, as the country continued to grapple with global supply chain issues. The annual inflation rate hit 4.4%, up

Afghanistan’s economic woes could fuel a refugee crisis impacting neighbouring countries, Turkey and Europe, the International Monetary Fund has said. The economy will contract by up to 30% this year – which

A deal to sell a $2.6bn stake in the world’s most indebted property firm to a rival company has fallen through. Chinese property giant Evergrande Group suspended its shares on 4 October

The business secretary has denied that individuals will bear the cost of changing to greener ways of living. Kwasi Kwarteng said it was “not true” to say that the move to more

Netflix subscriptions picked up in the third quarter of 2021 as non-English language shows continued to be the streaming platform’s best performers. The US firm added 4.4 million users in the three

Major tax evasion and avoidance schemes have cost governments an estimated €150bn (£127bn) in lost revenues, research shows. So-called cum-cum and cum-ex schemes are designed to exploit weaknesses in national tax laws.

360Learning has raised a $200 million funding round from Sumeru, SoftBank’s Vision Fund 2 and Silver Lake Waterman. And this time, the name of the startup describes quite well what it does. 360Learning

Evergrande shares fell as much as 14% on Thursday in Hong Kong as they resumed trading after a 17-day halt. The hugely indebted Chinese property giant had stopped its shares from trading

Nearly 150,000 Tesla cars are using the company’s new “safety score,” a tool rolled out last month to determine whether owners can access the beta version of its “Full Self-Driving” software, executives said during its third

Tesla said Wednesday it will use iron-based batteries for its standard Model 3 and Model Y models across global markets. The update, provided in the company’s third-quarter earnings report, confirmed hints that Tesla

Government borrowing fell in September compared with a year earlier as the economy continued to recover from coronavirus lockdowns. Borrowing – the difference between spending and tax income – stood at £21.8bn,