Business

Microsoft has regained the title of the world’s most valuable public company just days after it was overtaken by one of its rivals. Computer chip maker Nvidia lost its hold on the top spot after its shares slipped by 3.5% in the US on Thursday, leaving the company valued at $3.2trn (£2.5trn). Microsoft’s shares also
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China may target the European Union’s pork producers in retaliation for EU tariffs on its electric cars. The world’s second largest economy revealed on Monday that it had launched an investigation into imports of pork for human consumption from the bloc. The Commerce ministry inquiry was in response to a complaint by Chinese pork producers
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Tesla shareholders have approved Elon Musk’s multi-billion-dollar pay package. The package is now worth $44bn (£34bn). The package was once as much as $56bn (£44bn) but has declined in value in tandem with Tesla’s stock. The proposal passed despite opposition from some large institutional investors and proxy firms. Onstage at the annual shareholder meeting in
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Manchester City are taking legal action against the Premier League over its financial rules. The legal challenge, in the form of arbitration, will be heard on Monday, according to The Times. Sky News reported in February the competition was facing legal battles and had been warned by a club that changes to rules governing commercial
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The housing market is showing signs of “resilience” with prices rising slightly, according to new figures from the UK’s largest building society. Nationwide said house prices were up 0.4% in May, compared to April. It said the average cost of a home was now £264,249 – with year-on-year prices also increasing by 1.3%. The figures
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