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Annual inflation at 21-year high
Core inflation increased 6.78% in the year through March
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Italy approves new car incentives
Move part of €8.7 billion plan to support auto industry
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US jobless claims drop over worker shortages
Claims hit a record high of 6.137 million in early April 2020
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Sheeran slams 'baseless' lawsuits after victory in 'Shape Of You' case
Singer won a legal battle with Sami Switch, Ross O'Donoghue, who claimed 'Shape of You' was copied from 'Oh Why'
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IKEA invests $373m in solar parks
The world’s biggest furniture retailer said on Wednesday it was buying the projects
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Canada to invest $2b in minerals
No agreements have yet been announced for mineral extraction or refining
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Oil climbs on new Russia sanctions
German Foreign Minister Annalena Baerbock said the ban on coal will be followed by oil and then gas
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More inflation pain ahead for Turkey
Goldman Sachs forecast inflation to peak around 67% in May-June and remain above 65% for most of 2022
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Markets await actions against Russia
Penalties to build additional economic pressure on Moscow
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Germany to face steep recession
Europe’s largest economy is heavily dependent upon Russia for energy