US pitches plan to counter China’s dominance of critical mineral supply
Kali HaysTechnology reporterGetty ImagesThe US has launched an effort to form a trade zone for critical minerals that are key to making everything from smartphones to weapons as it tries…
Bank of England expected to hold interest rates
Kevin PeacheyCost of living correspondentEPAInterest rates are expected to remain on hold as the Bank of England's Monetary Policy Committee (MPC) meets for the first time this year.The Bank rate…
US probes Nike over white workers discrimination claims
ReutersNike is under investigation by the US government over claims the footwear giant discriminated against white workers. The Equal Employment Opportunity Commission (EEOC), which enforces workplace discrimination laws, announced on…
Washington Post announces sweeping layoffs scaling back news coverage
Danielle KayeBusiness reporterWatch: Bezos should take responsibility for Washington Post layoffs, ex-editor tells BBCThe Washington Post has announced it is laying off one-third of its work force, sharply scaling back…
PM Law’s sudden closure leaves staff and clients in limbo
Clients and staff in dark as law firm shuts doorsVictoria Scheer & Oli Constable,YorkshireandKevin Peachey,Cost of living correspondentSimon Thake/BBCPM Law has its headquarters in Shepcote Lane, SheffieldAn investigation has begun…
Manchester restaurant owner ‘devastated’ at having to close
Jobe FergusonJobe Ferguson says he is 'heartbroken' to be closing down the restaurant that he put his 'life and soul' into for 22 yearsThe owner of a popular bar and…
Wegovy-maker Novo Nordisk warns price cuts ‘painful’ for firm as shares plunge
Mitchell LabiakBusiness reporterGetty ImagesShares in the Danish company which makes Ozempic and Wegovy plunged 18%, as its boss warned things would get worse before they improve following steep price cuts.Novo…
Gold rebounds above $5,000 after US downs Iran drone
Archie MitchellBusiness reporterGetty ImagesWild fluctuations in the price of gold continued on Wednesday as geopolitical tensions reignited after the US downed an Iranian drone.The precious metal, which is seen as…