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BBCNEWS World Business Report June 4, 2024 13:42:00

Home prices have been propped up by a lack of housing which still forces buyers to bid higher. global stocks head for their worst month in nearly a year. broker aj bell says that the benchmark indices in the us, europe and china, have shed 2.8 trillion dollars in august so far. after a bumper start to the year, chinese economic data and surging us borrowing costs have dented investor confidence. online adverts for the retailer boots promoting four brands of infant formula on google broke advertising rules, according to the uk watchdog. in britain, it is against the law to advertise infant formula for babies up to six months because it might discourage breastfeeding. boots apologised and said the adverts have been removed. the uk s energy regulator has fined morgan stanley £5.11 million for failing to record trading communications. ofgem said the us bank failed to keep records of messages about energy market deals sent via whatsapp betweenjanuary 2018 and march 2020. it said the rules ....

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