Business

Shein’s UK sales rise by a third creating a huge boost to profits

Jennifer MeierhansBusiness reporter.Shein's UK sales soared by a third last year creating a huge profit boost for the Chinese fast fashion giant, its latest...

Nvidia and AMD to pay 15% of China chip sales to US government

Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of an "unprecedented" deal to secure...

Gordon Brown urges Rachel Reeves to hike gambling taxes at Budget

Gordon Brown has called on Chancellor Rachel Reeves to hike gambling taxes so she can lift benefit restrictions at her autumn Budget.The former Labour...

Prax Lindsey Oil Refinery has ended production, officials says

Production has ended at a Lincolnshire oil refinery, the government has confirmed. Lindsey Oil Refinery, near Immingham, was taken over by the Official Receiver...

Adidas to raise prices as US tariffs costs rise by €200m

Adidas has warned that US tariffs will cost the German sportswear giant a further €200m (£173m) and confirmed that it will raise prices for...

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