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  • Today's business and finance round up 12th May 2022

Today's business and finance round up 12th May 2022

British holidaymakers lead the way as Tui hails the return of travel

May 12, 2022

12th May 2022

Bite-sized business news from the UK and beyond

Good morning This week an Andy Warhol silkscreen of Marilyn Monroe sold at Christie’s for $195m after four minutes of bidding. If that sounds like a lot, it is: It’s the priciest sale of any American artwork at auction, and the most expensive 20th-century artwork to sell at auction. A $450m Leonardo da Vinci painting remains No. 1 on the all-time list.

Today's stories

  • British holidaymakers lead the way as Tui hails the return of travel

  • Crypto’s week goes from bad to worse

TRAVELBritish holidaymakers lead the way as Tui hails the return of travel

Other stories to keep you in the loop

  • Government dismisses talk of emergency budget to tackle rising costs

  • US inflation rate slows but remains close to 40-year high

  • ITV warns of ad slump but is on track with new streaming brand launch

  • Toyota cuts production due to Covid lockdown in Shanghai

  • Channel 4 and Youtube strike content partnership deal

  • Vaccine maker Moderna's CFO exits after just two days

  • Fall in death rate drives ‘weak’ performance at funeral giant Dignity

  • Tesla recalling more than 130,000 cars as touchscreens overheat and turn off

  • Covid mask rules relaxed for EU air travel

CRYPTOCrypto’s week goes from bad to worse

Stat of the day

According to a survey by messaging app Slack, almost 40% of workers are anxious about returning to the office, as life gets back to normal following the worst of the pandemic

Interesting links from around the web

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