Perrigo says Revenue has rejected tax offer US drugmaker Perrigo has said that Revenue has rejected an offer to settle a €1.64 billion tax bill it claims the company owes for back ... Business • 1 hr
US weekly jobless claims fall, April producer prices up Fewer Americans filed new claims for unemployment benefits last week, as companies held on to their workers amid the growing labour shortage that helped to ... Business • 2 hrs
Alibaba reports first operating loss as a public firm China's top e-commerce platform Alibaba Group has today forecast 2022 revenue above market expectations, betting that the broader pandemic-driven shift to online shopping will remain ... Business • 2 hrs
McGregor tops Forbes' highest-paid athletes list MMA fighter Conor McGregor was the world's highest-paid athlete over the last year ahead of soccer players Lionel Messi and Cristiano Ronaldo, according to the ... Business • 5 hrs
Oil drops as India's Covid crisis puts brakes on rally Oil prices fell 1% today as India's coronavirus crisis deepened, halting a rally that had lifted crude to an eight-week high after the IEA and ... Business • 7 hrs
Telefonica Q1 earnings steady on economic recovery Spanish telecoms group Telefonica has today posted first-quarter core earnings broadly in line with forecasts thanks to reduced operating expenses and a partial economic recovery ... Business • 9 hrs
Burberry's annual sales down 10% due to Covid hit UK luxury brand Burberry said today that its recovery from the Covid-19 crisis accelerated through the year, enabling it to reinstate a dividend payment. Business • 7 hrs
Tesla's Musk halts use of bitcoin for car purchases Tesla will no longer accept bitcoin for car purchases, chief executive Elon Musk has said, citing long-brewing environmental concerns for a swift reversal in the ... Business • 8 hrs
EU approves €12.8m in new state aid for Alitalia The European Commission has approved €12.8m of Italian state aid for Alitalia to compensate the airline for losses suffered during the coronavirus pandemic, the EU ... Business • 9 hrs
Israeli troops gather at Gaza border amid hostilities Israel has prepared ground troops along the Gaza border as the escalating conflict continued overnight with rocket fire exchanged, while international calls have mounted for ... World • 2 hrs
