Entries by BBC News - Business

Portugal’s tech boom challenged by tax change

Portugal's government plans to remove a key tax benefit that has attracted thousands of tax workers.

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Firms going bust on track for worst year since 2009

Insolvencies rise 10% from a year ago in the three months to the end of September, official figures show.

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World Bank warns oil prices could reach $150 a barrel

A prolonged conflict in the Middle East would lead to much higher energy prices, the global institution predicts

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Safestyle UK: Nearly 700 jobs lost as firm enters administration

Administrators say September's warm weather was among the factors behind Safestyle UK's demise.

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General Motors deal clears way for end to US car strike

The move follows agreements at Ford and Chrysler-maker Stellantis, the other two carmakers hit by walkouts.

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Facebook and Instagram launch ad-free subscription tier in EU

The platforms' owner Meta said its new subscription was about addressing EU concerns, rather than making money.

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Big banks accused of doing little for savers

Returns have improved, but a group of MPs says big banks are doing "as little as they can" for savers.

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New licences granted for North Sea oil and gas projects

The UK government has granted 27 new oil and gas licences for projects in the North Sea.

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US announces ‘strongest global action yet’ on AI safety

The measures have been issued less than 48 hours before the UK hosts an AI safety summit.

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Shein buys Missguided brand from Mike Ashley firm

The Chinese firm says it will grow the online fashion brand after buying it from the Sports Direct-owner.

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