BUSINESS

Global recession warning as World Bank cuts economic forecast

It expects the world economy to grow by just 1.7% this year - a sharp decrease from the 3% it predicted in June.

Disney boss calls for workers to return to office four days a week

Chief executive Bob Iger said so-called "hybrid" workers will now be asked to treat "Monday through Thursday as in-person…

Samsung sees profits plunge by 69% as chip prices slump

The world's biggest maker of memory chips, smartphones and TVs forecast its operating profit for the period fell to around…

Tesla says it delivered record 1.3 million vehicles in 2022

It comes after the company delivered more than 405,000 vehicles in the last three months of 2022.

However,…

Mistakes were made on all sides, says Leo Varadkar

Mr Varadkar said he would be "flexible and reasonable" when attempting to solve issues with the Northern Ireland protocol.

Energy giant ExxonMobil sues EU to block energy windfall tax

A windfall tax is imposed on firms that benefitted from something they were not responsible for.

Energy firms are getting much more money for…

Russia bans oil sales to countries using price cap

The price cap - which was agreed by the G7 group of nations, Australia and the EU - came into force on 5 December.

Elon Musk to quit as Twitter CEO when replacement found

The billionaire promised earlier to abide by the result of a Twitter poll which saw 57.5% of users vote "yes" to him quitting…