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This week's latest global business news: ๐๐ผ Instagram U-turns onTikTok-style revamp ๐๐ผ German cityturns off the hot water to survive Putin's gas cuts ๐๐ผApple and Amazon sales updespite rising prices ๐๐ผ Facebook owner Meta in first ever sales fall ๐๐ผUS makes huge interest rate rise to tame soaring prices ๐๐ผ Credit cardborrowing in fastest risesince 2005 ๐๐ผMcDonald'sputs up price of cheeseburger for first timein 14 years ๐๐ผ European shares logbest month since November 2020 ๐๐ผ Elon Muskcountersues Twitter over merger ๐๐ผ JPMorgan hires scientist to help protect financial system from quantum-supremacy threat ๐๐ผBitcoinbriefly tops $24,000 in post-Fed rally, notches best month since October ๐๐ผInflation figure that the Fed follows closely hits highest level since January 1982 ๐๐ผ Crypto firms saythousands of digital currencieswill collapse ๐๐ผ 'Absolute rubbish, we will never merge': Ola CEO on reports of merger talks with Uber And more... on Business News Official โ