BUSINESS

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No choice but to raise sales tax:…

Sri Lanka's finance minister has told the BBC he has no choice but to hike the country's sales tax as it faces its worst ever economic crisis.

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Indian billionaire Mukesh Ambani…

Indian billionaire Mukesh Ambani is planning a takeover bid for the UK high street chain Boots.

Mr Ambani is the biggest shareholder and chairman… Read more

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Brexit import checks delayed for…

The government has delayed introducing more checks on EU goods entering the UK over fears it will disrupt supply chains and add to rising inflation.

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Twitter adds 30 million new users…

Twitter, which this week agreed to be bought by billionaire Elon Musk, has said its user numbers grew faster than expected over the past year.

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US economy contracts as Ukraine…

The US economy contracted in the first three months of the year partly due to trade disruption from the Ukraine war.

Figures from the Commerce… Read more

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German energy firm Uniper ready…

One of Germany's biggest energy firms has said it is preparing to buy Russian gas using a payment system that critics say will undermine EU sanctions.

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Call for extra bank holiday to…

Business leaders have urged the prime minister to make this year's extra bank holiday marking the Queen's Platinum Jubilee permanent.

In… Read more

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Will Ford's new truck finally…

Ford boss Jim Farley has a lot riding on this moment.

On Tuesday, the Detroit carmaker celebrates the formal start to production of the electric… Read more