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Now playing Next Business New US sanctions to plug loopholes that let Russia get Western tech The US has announced a raft of new sanctions aimed at people and companies in countries, notably NATO member Turkey, that sell Western technology to Russia that could be used to bolster its war effort. 14/09/2023
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Now playing Next Business ECB criticises Italy's bank windfall tax plan The widespread application of the tax would particularly harm "credit institutions that have lower solvency positions or are more focused on lending activity ... or have challenging capital projections," according to the ECB. 13/09/2023
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Now playing Next Business UK economy slumps amid strikes and rain The UK's GDP has shrunk by more than expected, following news of higher unemployment but also higher wages. 13/09/2023
Now playing Next Business BP boss quits over relationships with colleagues The CEO of UK energy giant BP has resigned after he accepted that he was not “fully transparent” in his disclosures about past relationships with colleagues. 13/09/2023
Now playing Next Business Chipmaker Arm is launching the biggest IPO of the year Billions of dollars worth of shares are entering the market in what might be the biggest IPO of the year. 12/09/2023
