Oil giant Shell says it needs oil to pay for green shift

The boss of oil giant Shell has insisted it can transition to net zero by 2050,…

Border closures threaten Hong Kong’s financial hub status

Last week, Hong Kong doubled down on its Covid-19 restrictions – already among the strictest in…

Netflix launches first games on smartphones

Netflix is launching its first games worldwide as it seeks to break into the game subscription…

Japan Airlines narrows H1 loss on cost cuts, forecasts annual loss

Japan Airlines Co Ltd (JAL) on Tuesday posted a first-half loss before interest and tax of…

UK steel makers ‘left behind’ as US ends trade war

The UK has been “left behind” according to steel makers after the US agreed to end…

Ryanair set to cut winter fares to boost demand

Ryanair says it is expecting to cut fares this winter to help boost passenger demand. Read…

Thailand reopens to vaccinated tourists from over 60 nations

Tens of thousands of travellers are expected to arrive in Thailand today as the country reopens…

Budget 2021: Millions will be worse off in 2022, says IFS

Millions of people are set to be worse off next year amid spiralling costs and tax…

US growth slows to just 2% as Delta hits economy

US economic growth slowed sharply in the third quarter of the year, as the fast-spreading Delta…

Saudi chemical giant to invest nearly £1bn in Teesside plant

Saudi Arabian manufacturing and chemicals giant Sabic is to invest almost £1bn at its Teesside plant.…

China rations diesel amid fuel shortages

Petrol stations in many parts of China have begun rationing diesel amid rising costs and falling…

Facebook earns $9bn despite whistleblower scandal

Facebook has posted better-than-expected profits for the third quarter, as it continues to face bad press…