China's economy has recovered from a record contraction to post 3.2% growth in the second quarter compared to the same time last year.
Sky Business News Articles
‘Tough day for us at Twitter’: Tech giant investigates ‘social engineering attack’
Twitter is investigating after hackers targeted several high-profile US figures in a "co-ordinated social engineering attack".
Sunak warns of ‘tough choices ahead’ after recession
Britain faces some "tough choices ahead" on repairing the public finances after the current recession has passed, the Chancellor warned today.
Next finds itself a perfect fit with Victoria’s Secret
Next is close to seeing off competition from Marks & Spencer (M&S) and a host of other rivals to secure control of the British operations of Victoria's Secret, the world's largest lingerie brand.
Taxing questions for the chancellor as debt pile rises
Talk of tax increases is in the air.
Trust ‘seriously damaged’ between UK and China over Huawei ban
Serious damage has been done to the UK's relationship with China and investment could suffer following the government's decision to dump Huawei, Beijing's man in London has said.
Buzz Bingo to axe 570 jobs and shut these 26 clubs in rescue deal
Buzz Bingo has announced plans to shut 26 of its clubs with the loss of 570 jobs under a coronavirus crisis rescue deal.
Apple and Ireland win appeal over EU’s €13bn tax demand
Apple and Ireland have won an appeal against an EU order that the tech giant pay the country €13bn (£11.6bn) in back taxes.
Sony ‘to double PS5 production to meet demand due to pandemic’
Sony is reportedly boosting production of the upcoming PlayStation 5 console with an expectation that home entertainment demand will be higher due to the coronavirus pandemic.
Virus hit to fashion discounts blamed for rise in inflation
The rate of inflation rose unexpectedly in June because the coronavirus crisis delayed the usual summer sales season at fashion retailers, according to official figures.