News

The Biden administration has announced new restrictions on exports of advanced chips to China, including two made-for-China chips from Nvidia. US chip stocks fell as the curbs also hit Advanced Micro Devices…

MG Motors has said it is in a “very strong position to take advantage” of the shift to electric cars as it posted UK sales worth more than £1bn for…

Warm weather last month delayed early sales of Christmas food such as puddings and seasonal biscuits, research suggests. Retail analysts Kantar said the sunny weather meant fewer people had started…

The world’s biggest oil producers will hold a crucial meeting on Wednesday to decide how much oil they might add to the market from September. It follows just weeks after…

The prospect of a possible strike at a liquefied natural gas (LNG) plant in Australia has pushed wholesale gas prices up in Europe. The Offshore Alliance union warned that a…

US regulators have sued Amazon, alleging that the internet giant is illegally maintaining monopoly power. The Federal Trade Commission (FTC) said Amazon uses “a set of interlocking anticompetitive and unfair…