Business news on guardian
Here are some recent business news articles from The Guardian:
Top Stories
- UK economy shrinks by 0.1% in first quarter of 2023: The UK's economy contracted by 0.1% in the first quarter of 2023, according to official figures, as the country grapples with the impact of the cost of living crisis and economic uncertainty. (Source: The Guardian)
- Amazon to cut 18,000 jobs in latest round of layoffs: Amazon is cutting 18,000 jobs, the company announced, as it continues to grapple with the economic downturn and shift its focus towards more profitable areas of its business. (Source: The Guardian)
- FTSE 100 falls to lowest level since 2020 as recession fears grow: The FTSE 100 index fell to its lowest level since 2020 on Monday, as investors grew increasingly concerned about the prospect of a recession in the UK and globally. (Source: The Guardian)
Industry News
- Tesla's Elon Musk says company will 'probably' go bankrupt: Elon Musk, the CEO of Tesla, has said that the company "probably" will go bankrupt if it doesn't receive a government bailout. (Source: The Guardian)
- Boeing's 737 Max returns to skies after two-year grounding: Boeing's 737 Max aircraft has returned to service after a two-year grounding following a series of fatal crashes. (Source: The Guardian)
- Google to pay $1.1bn to settle French tax dispute: Google has agreed to pay $1.1bn to settle a long-running tax dispute with the French government. (Source: The Guardian)
Technology
- Meta's Mark Zuckerberg says company will 'probably' lay off more staff: Mark Zuckerberg, the CEO of Meta, has said that the company "probably" will lay off more staff as it continues to grapple with the economic downturn. (Source: The Guardian)
- Apple to launch new iPhone with improved camera and battery life: Apple is set to launch a new iPhone with improved camera and battery life, according to reports. (Source: The Guardian)
- Microsoft to acquire Activision Blizzard in $68.7bn deal: Microsoft has agreed to acquire Activision Blizzard, the company behind popular video games such as Call of Duty and World of Warcraft, in a deal worth $68.7bn. (Source: The Guardian)
Finance
- UK inflation rate falls to 2.5% in March: The UK's inflation rate fell to 2.5% in March, according to official figures, as the cost of living crisis continues to ease. (Source: The Guardian)
- Bank of England raises interest rates to 4.25%: The Bank of England has raised interest rates to 4.25%, in a bid to curb inflation and support the economy. (Source: The Guardian)
- HSBC to cut 35,000 jobs in latest round of cost-cutting measures: HSBC is cutting 35,000 jobs, the bank announced, as it continues to grapple with the economic downturn and shift its focus towards more profitable areas of its business. (Source: The Guardian)
These are just a few examples of the many business news articles available on The Guardian.