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Instagram U-turns on TikTok-style revamp

The social media platform pauses the rollout of new features after an online community backlash.

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BA owner IAG reports first profit since pandemic began

IAG sees a sharp increase in the number of flights and passengers handled, despite problems at Heathrow.

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Apple and Amazon sales up despite rising prices

The companies are closely watched for signs of how people are spending as the economy slows.

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China signals it could miss economic growth target

It comes as Beijing is pursuing a zero-Covid policy that has put major cities in harsh lockdowns.

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Hershey warns of Halloween treats shortage

Nestle chief executive Michele Buck says the firm “will not be able to fully meet consumer demand”.

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Network Rail starts consultation over job reforms

The move comes as the company and the RMT union can’t agree a way forward on pay and jobs.

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Five money saving ideas for parents over summer

The cost of the school summer holiday is worrying many families struggling with rising prices.

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US economy shrinks again sparking recession fears

The US economy contracted at an annual rate of 0.9% in the three months to July.

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British Gas owner Centrica and Shell see profits soar as bills rise

British Gas owner Centrica and Shell report huge profits, as UK households face even higher energy bills.

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Martin Lewis says energy bills at ‘desperate’ point

The personal finance expert says people will be “panicking” and will have to “make awful choices”.