Entries by BBC News - Business

TransPennine Express announces service cuts to boost punctuality

The train firm's boss says the temporary reduction will help "fix the business in the long term".

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Nokia to axe up to 14,000 jobs to cut costs

The Finnish telecoms giant reported a fall in sales due to slowing demand for 5G equipment.

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US mortgage rates have hit a two decade high of 8%

Americans hoping to buy a home or apartment are facing steep borrowing costs, data shows.

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Nvidia and iPhone maker Foxconn to build “AI factories”

This comes as the US announced plans to cut off more exports of advanced chips to China, in a blow to Nvidia.

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BYD: The top electric car maker that is not Tesla

China's BYD is now ahead of Tesla in quarterly production and second in global sales.

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Is AI about to transform the legal profession?

Law firms are increasingly using artificial intelligence systems, but it comes with risks.

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Britishvolt aims to supply batteries to Australian military

New owner, Recharge, hopes to close a deal on the Northumberland site, paving the way to make batteries for export.

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Welsh Water admits illegally spilling sewage for years

The company released untreated sewage at dozens of sites, including near a bottlenose dolphin habitat.

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Netflix raises prices despite password crackdown success

The streaming giant raises monthly charges in the US, UK and France after gaining millions of new subscribers.

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Irish baby milk factory to close as China birth rate drops

The closure of the plant in Askeaton, County Limerick, will mean more than 500 job losses.

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