Entries by BBC News - Business

Country Garden: China property giant hit with liquidation petition

The firm, which defaulted on its overseas debt in October, says it will "resolutely oppose" the petition.

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Apple unplugs self-driving electric car project, reports say

The firm never acknowledged the project publicly but had recruited about two thousands workers.

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Catalonia’s farmers demand more help over drought

As Spain continues to be blighted by a lack of rain, farmers want more government assistance.

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Retro Renault 5 takes on EV challenge from China

Renault's boss says Europe "can't surrender" in the face of Chinese and US electric car manufacturing.

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HMRC slammed as phone line waits get even longer

Nearly two-thirds of callers to the tax authority had to wait longer than 10 minutes to get through.

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Why Google’s ‘woke’ AI problem won’t be an easy fix

The firm paused its AI image generation tool after claims it was over-correcting against the risk of being racist.

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Currys rejects second takeover offer from US firm Elliott

The electronics chain says US company Elliot's £757m offer "significantly undervalued" it.

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Post Office confirms boss is under investigation

The company's statement follows Henry Staunton's revelation in a hearing about postmasters' compensation.

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Food price inflation nears two-year low

Meat, fish and fruit prices fell while energy costs eased, the British Retail Consortium said.

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PlayStation to axe 900 jobs and close London studio

The layoffs are the latest to hit the tech sector, which has seen big cutbacks worldwide since 2023.

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