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News Seventy-six: Pound hits record low after tax cut plans
The pound has fallen to a record low against the dollar as markets react to the UK’s biggest tax cuts in 50 years. In early Asia trade, sterling fell close…
News Two Hundred and Nighty-three: Wegovy: Weight-loss drug firm becomes Europe’s most valuable
The maker of weight-loss drug Wegovy has become Europe’s most valuable firm, dethroning the French luxury conglomerate LVMH. Shares rose after the Danish pharmaceutical giant, Novo Nordisk, launched the popular…
News Two Hundred and Fourty-nine: China curbs exports of key computer chip materials:
The Chinese government is tightening controls over exports of two key materials used to make computer chips. From next month, special licenses will be needed to export gallium and germanium…
News Fifty-six: CO2 supply fears re-emerge as CF Fertilisers plant halts production
The UK’s last fertiliser plant will halt production raising concerns it could lead to a shortage of carbon dioxide (CO2) for the food and drink industry. CF Fertilisers said soaring…
News Two Hundred and Fifty-one: Currys boss: Smart speaker sales have fallen off a cliff
Sales of smart speakers have “fallen off a cliff” as customers cut back and trade down on electrical items, the boss of Currys has said. Sales overall fell 7% in…
News Seventy-four: Pound hits fresh 37-year low against dollar
The pound has hit a new 37-year low against the dollar after Russia accused the West of “nuclear blackmail” raising fears the Ukraine war could escalate. The comments unnerved traders,…