Inflation in Europe slows again, hitting 9.2% in December
Europe ended a bad year for inflation with some relief as price gains eased again.
Business
Shell will pay about $2bn in UK and EU windfall taxes for last quarter
Firm said in October it had not paid any UK windfall taxes because of heavy investment in North SeaShell has revealed it will pay about $2bn (£1.7bn) in UK and EU windfall taxes for the final quarter of 2022 – the first time it has paid UK tax for five…
German factory orders down sharply, contining trend
Official figures show that factory orders in Germany dropped 5.3% in November compared with the previous month, on a sharp drop in foreign demand.
Average UK house price falls for fourth month in a row, says Halifax
Figure of £281,272 comes as property values drop by 1.5% in December, after 2.4% decline in NovemberThe average UK house price fell for the fourth month in a row in December, according to Halifax.Property values decreased by 1.5% in December, after a 2…
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‘Sunshine Saturday’: UK travel firms gear up for busiest bookings day in years
Bumper time for early bookings predicted as industry holds out for post-Covid return of foreign tripsUK travel firms are preparing for the busiest day of holiday bookings in years, as the traditional peak season arrives free of Covid restrictions and w…
Salesforce Guts Tableau After Spending $15.7 Billion in 2019 Deal
Salesforce division Tableau was hit harder than other units in the company’s largest-ever round of jobs cuts this week, adding to a major reorganization that signals the $15.7 billion acquisition hasn’t lived up to expectations. Bloomberg reports: Chie…
Indie bookshop numbers hit 10-year high in 2022 defying brutal UK retail year
Lockdowns were good news for book trade as people read more and sought out bookshops when they reopenedThe number of independent bookshops in the UK and Ireland climbed to a 10-year high in 2022, as the book trade defied the odds in an otherwise brutal…
ChatGPT Creator In Talks For Tender Offer That Would Give It $29 Billion Valuation
Artificial-intelligence research company OpenAI is in discussions over potentially selling at least $300 million in shares in a tender offer that would give it a roughly $29 billion valuation, the Wall Street Journal reported Thursday. From a report: T…
Peloton to pay $19M in fines over dangerous treadmill defect
Exercise equipment maker Peloton Interactive has agreed to pay roughly $19 million in fines related to its delay in reporting a defect for its treadmills that caused one death and multiple injuries, the federal consumer watchdog said Thursday.