Asda chairman Stuart Rose: Food prices will keep rising
Stuart Rose says that consumers “will suffer” from continuing cost of living price hikes.
Buyers revive interest in city flats after return to office
Interest in flats is overtaking demand for terraced homes with the return to office work, research suggests.
Amazon sell-off ends dismal month for US shares
Major US stock indexes took a slide in April, with the tech-heavy Nasdaq seeing its worst month since 2008.
Russia says it has made payments to avoid debt default
Moscow has paid interest on foreign bonds in dollars but admits there are “difficulties with payments”.
Prepay energy customers disconnect over price rises
A record number of households have stopped topping up their pay-as-you go meters, Citizens Advice says.
Elon Musk sells $8.5bn worth of Tesla shares
The electric car maker’s chief executive is moving ahead with his $44bn takeover of Twitter.
Sunflower oil substitutes named by food watchdog
Supply shortages mean products may contain palm, coconut or soybean oils, says standards agency.
Amazon reports loss as online sales falter
At the same time Apple warns that its sales could be hit by up to $8bn in the coming months.
OMV: European energy firm mulls Russia rouble demand
A major importer of Russian gas must decide by May whether to use a controversial payment system.
Airbnb to let staff work from home indefinitely
The accommodation platform also pledges not to cut staff pay if they choose home-working.