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Taiwan is selling more to the US than China in major shift away from Beijing

Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States. In a stark illustration of the shift, the U.S. displaced mainland China as the top destination for Taiwan’s ...

China’s April economic data disappoint: recovery in domestic demand hits a snag

China faced a bit of a setback on the economic front in April, disappointing market expectations.

Silver bull run! Prices surge to near Rs 90,000/kg, see 60% annualised gains; more upside likely

Silver prices are surging to all-time highs on industrial demand and increasing US Fed rate cut likelihood. In the span of just one month, silver prices have risen by more than 5%, translating to an annualized gain of 60%.

Futures exchange behemoth, CME Group, rumoured to be starting their own spot Bitcoin exchange

When crypto natives think of spot exchanges, Binance, Coinbase and Uniswap are the main ones that come to mind. However, they may now have a major competitor entering the market. This player is a Wall Street-native, and also happens to be the largest futures exchange in the world.

Chinese retail sales slow as Xi fights to revive economy

China’s key measure of consumer spending slowed down last month, national figures show, despite Beijing’s efforts to boost the economy. ]]>

Is the 'billionaire boom' over? Mega wealthy dwindle in new rich list

The UK's mega rich are dwindling in a sign Britain's "billionaire boom has come to an end", according to the latest Sunday Times Rich List.

PM-KUSUM: After PM Suryaghar Muft Bijli Yojana, government drafts plan to drive solar pump installations for farmers

The government aims to make solar agricultural pump installations more accessible to farmers under the PM-KUSUM scheme by connecting them to vendors through a national portal, similar to the revamped solar rooftop scheme PM Suryaghar Muft Bijli Yojana.

Georgia Capital begins share buyback following country’s protests

Georgia Capital has moved to reduce the gap between its share price and underlying net asset value.

‘Major milestone’: UK ratifies Indo-Pacific CPTPP post-Brexit trade deal ahead of schedule

The UK has hit a “major milestone” in its efforts to join the CPTPP trade pact as it ratified the terms of agreement ahead of schedule.

Sunday Times Rich List: Rishi Sunak worth over £650m

Rishi Sunak and his wife Akshata Murty are worth more than £650m, the Sunday Times Rich List has revealed.

GSK raises £1.25bn as it offloads final stake in Haleon

The move separates the companies after a carve-up twoo years ago that saw GSK spin off and float its consumer arm as Haleon, amid fears the division was weighing on the growth of its dedicated healthcare business.

News24 Business | SA set for first primary budget surplus in 15 years

South Africa likely achieved a primary budget surplus — where revenue exceeds non-interest expenditure — for the first time in 15 years, setting it on a path to arrest further growth in debt that’s already worryingly high.

Richemont reinstates CEO role as it navigates luxury market downturn

Swiss luxury group appoints Van Cleef & Arpels head as it re-establishes role after almost a decade

Rolled gold hits always shine in troubled times

In this week’s Bulls N’ Bears Big Hits, we unravel curious drill hits revealed on the ASX, including Warriedar Resources’ stunning 4m at 14.49g/t gold.

XL Media: US revenue tanks at betting firm amid ‘increased competition from large publishers’

The owner of SportsBettingDime and Which Bingo, said revenue in the US was down 42 per cent down on last year’s figure to $26.9m (£21.2m). 

Kemi Badenoch threatens to block Royal Mail deal to foreign owners unless guarantees are issued

Kemi Badenoch has issued warnings to the Royal Mail that she will block any foreign buyer unless cast-iron guarantees are put in place

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market. U.S. futures fell and oil prices edged higher. China's central bank said Friday that it was reducing required down payments for housing loans ...

PM Modi Will Be Back With ‘Good Majority’, Work On Full Budget To Start Soon: FM Sitharaman

The Finance Minister said that the fundamental reason behind this high economic growth was the stability in government policies without any flip-flops and corruption-free decision making which has been going on silently behind the scenes.

Body Shop administrator to launch auction of stricken chain

The Body Shop’s administrators are to launch an auction of the chain after concluding that an alternative restructuring of one of Britain’s best-known high street retailers was not viable.

Lush posts huge loss but hopes SpongeBob SquarePants and Barbie deals can turn fortunes around

Lush is seeking the help of SpongeBob SquarePants and Barbie to help it boost sales and return to profit.

Shadow energy secretary ‘not aware’ Russia found oil and gas in Antarctic

Ed Miliband has said he is “not aware” of the reports Russia discovered huge oil and gas reserves in the British Antarctic territories.

Natalie Elphicke wasn’t worth it

Keir Starmer will regret alienating Labour Party members and women’s rights campaigners by welcoming in the morally and politically tainted Natalie Elphicke, says Morgan Jones The words “new Labour MP” are music to the ears of many on the left – unless they are followed directly ...

NRA kicks off annual meeting as board considers successor to longtime leader Wayne LaPierre

The National Rifle Association is kicking off its annual meeting in downtown Dallas, gathering for the first time in decades without Wayne LaPierre at the helm as board members prepare to elect his replacement. Though beset by financial troubles in recent years and following a trial in which ...

Photo finish sees silver explorer claim Runners gold

This week’s Bulls N’ Bears Runner of the Week is … Sun Silver. It jumped 225 per cent to join Errawarra Resources, Australian Copper and Gold and First AU.

Ministry, Bank of Thailand iron out differences

In a move to alleviate conflict between the government and the Bank of Thailand, Finance Minister Pichai Chunhavajira has reiterated the government acknowledges the central bank's autonomy to set interest rate policies.

‘Premiership run-in is great. It is a shame about Gloucester and Newcastle’

It’s incredible – there are only 80 minutes left of the regular Premiership season and barely anything is decided. We know Northampton Saints are guaranteed a home semi-final, but they’re not yet confirmed as regular season champions. Saracens are definitely in the play-offs but aren’t ...

China is expected to announce new measures to fix its property crisis, spur growth

China is expected to announce fresh measures to reinvigorate its ailing property industry after the latest data showed housing prices slumped in April. Other figures reported Friday showed factory output rose but consumer spending remained lackluster. China's housing market has slumped after ...

How Fico’s attack forced the EU to confront its political vitriol

Also in this newsletter: concrete solutions to marry industry and climate

High airfares hamper tourism arrivals

Expensive airfares remain a critical challenge for the tourism sector during the low season, as geopolitical conflicts affect fuel costs and flight capacity has yet to fully resume.

Unilever kicks off £1.29bn buy-back as bosses look to boost share price

The Dove-to-Marmite maker said the first tranche of a buyback programme announced in February will be worth up to €850m and will run from today until the end of August.

Janet Street-Porter embodies this country’s pensioner problem

Where on earth does Loose Women's Janet Street-Porter get the idea Rishi Sunak 'hates pensioners'? The entire Conservative agenda is built around appeasing this entitled generation and the rest of us are paying for it

Wall Street edges back from records after Dow briefly tops 40,000

U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow slipped 38.62…

News24 Business | Sixty60 to sell electronics, appliances from Checkers Hyper stores

Sixty60, Shoprite’s on-demand delivery service for its Checkers brand, is piloting a new version of the app, which allows customers to shop for more than 10 000 larger Hyper products, from small appliances to home electronics.

China Says It Will Start Buying Apartments as Housing Slump Worsens

Signaling growing alarm, policymakers ramped up their efforts to stem a continued and steady decline in real estate values.

News24 Business | Richemont books record sales, brings back group CEO position

Swiss-based luxury goods group Richemont, which is chaired by Johann Rupert, reported on Friday growth across its geographies helped lift sales to a record high in 2024, leaving it with a R146 billion net cash pile that exceeds the market value of Absa.

Sir Elton John: Glastonbury and farewell tour helps singer rocket up The Sunday Times Rich List

Sir Elton John is worth an estimated £470m, according to The Sunday Times Rich List.  The Rocket Man singer came in at 291th on the annual list, up from 309th last year. 

Visitors to Singapore can use automated lanes to speed up travel

All travellers into Singapore will be able to use automated lanes that scan passports and use facial and iris recognition by the end of year, the city-state’s Immigration and Checkpoints Authority said.

Bank of England to grow 'northern hub' with 500 staff

The Bank of England has revealed a major expansion of its presence in Leeds as part of efforts to spread its work outside London.

Paytm Travel Carnival Kicks Off: Check Promo Code, Offer Dates, Deals And Discounts On Domestic Flights, Train, Bus

On booking domestic flights via Paytm, users can use the "SUMMERSALE" promo code to unlock a double advantage: zero convenience fees and a 10 per cent discount up to Rs 750.

Losses widen at owner of five-star London hotel The Stafford and Michelin restaurant

The owner of The Stafford, a five-star hotel in London as well as a Michelin-starred restaurant, saw its losses widen in 2023 after the decline of staycations and the worsening economy in the UK.

Hewitson confidence in Helene Warrior appears sky-high

TOP HONG Kong pilot Lyle Hewitson has given a big vote of confidence to the chances of HELENE WARRIOR when he renews his association with the Danny Shum-trained son of Starspangledbanner in the Members Cup (9.10am), a handicap over a mile. Hewitson is renowned for his partnership with probable ...

Mohsin and Zuber Issa: Asda-owning billionaire brothers see net worth sag

The Issa brothers have had a tumultuous year, as it was rumoured that Zuber was looking to sell his 22.5 per cent stake in Asda after falling out with his brother.

Lok Sabha Election 2024 Bank Holiday: Banks In THESE Cities To Be Closed On May 20, Check List

As per the Reserve Bank of India holiday calendar list owing to the elections Banks will be closed in a couple of cities, check.

Firstgroup bids to restore direct London to Rochdale route for the first time since 2000

FirstGroup said the new route would be electric and battery powered, and operated by brand new trains which will be built in Britain.

Reddit shares jump after OpenAI ChatGPT deal

OpenAI and Reddit reach deal that will give ChatGPT access to content on the social media platform.

FRP Advisory double digit growth as administrations soar

FRP Advisory Group reported double digit revenue and profit growth, as it is one of the country's leading restructuring firms

Is China's bubble tea bubble about to burst?

Chinese bubble tea shares fizzle, raising questions about the industry and Hong Kong's stock market.

Reality TV stars charged over promoting unauthorised investment scheme

A group of social media influencers have been charged in relation to promoting an unauthorised investment scheme.

Hunt hints at another National Insurance tax cut

Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.

The result of a union election at Mercedes-Benz in Alabama is about to be revealed

Mercedes-Benz workers in Alabama finish up five days of voting on whether to join the United Auto Workers union. A ballot count begins Friday morning.

Mike Ashley’s Sports Direct loses bid to appeal Newcastle United kit row

The Court of Appeal has rejected Sports Direct permission to appeal a decision over Newcastle United 2024/25 season kit

'The Indicator from Planet Money' sheds light on the 'winner-take-all' problem

Gender equality in the workplace has been stalled for years. And one big reason behind this trend is something called the "winner-take-all" approach to business.

Mortgage rates drop as markets bet on Bank of England cut

Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general election

Should I Buy Maruti Swift Or Baleno? Know Which One Is More Value For Money

Maruti Swift Vs Baleno: The Swift has always been pricier than the competition, and this time it gets very close to the Baleno, which is a segment above in the premium hatchback segment and retailed via Maruti’s Nexa dealerships.

Investor and ‘Dragon’ Deborah Meaden: ‘I am not mean. What I am is . . . tough’

The British entrepreneur on going green, improving financial education — and when it’s OK for a vegan to eat eggs

Euan Blair shrugs off Multiverse troubles to become one of Britain’s richest people

Tony Blair’s son Euan has appeared on a list of the richest Brits for the first time on the back of a hefty stake in his educational tech ‘unicorn’ Multiverse.

Thames Water’s biggest shareholder writes off investment

Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplier

Folding bike maker Brompton gears up international sales as profit passes milestone

A surge in international sales helped Brompton, the folded bikes company popular with London commuters, report a jump in its turnover and profit.

Improve health and beat the heat with summer produce

With summer just around the corner, registered dietitian Brierley Horton offers six seasonal foods that are healthful in perh -More- 

News24 Business | Court upholds order: Ramokgopa must protect hospitals, schools from load shedding

Court denies Minister of Electricity Kgosientsho Ramokgopa from appealing judgment that ordered him to shield public institutions from load shedding.

Putin concludes a trip to China by emphasizing its strategic and personal ties to Russia

Russian President Vladimir Putin is concluding a two-day visit to China by emphasizing the countries' strategic ties as well as his own personal relationship with Chinese leader Xi Jinping as they seek to present an alternative to U.S. global influence. Putin made a back-handed rebuke for the ...

HMRC seeks another bite in ‘mega marshmallow’ tax case

After losing twice in the long-running ‘mega marshmallows' tax case, HMRC has said it is looking to file yet another appeal.

As the 2024 Race Heats Up, Betting Is Growing for Everything but Elections

U.S. residents can still gamble on the presidential race — but regulators are trying to stop the practice.

Stay Loyal to Lor for a Super day at Sha Tin

UMBRELLAS will once again come to the fore for racegoers, when racing gets underway with a 10-race programme at Sha Tin in Hong Kong on Sunday. Following a brief respite, with pleasant conditions at Happy Valley in midweek, the forecast of heavy rain and probable thunderstorms, points ...

Russian billionaires out, US billionaires in: Mapping London’s super-prime property market

Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?

Daniel Kretinsky: Man behind Royal Mail takeover bid sees net worth jump to £6bn

Czech billionaire Daniel Kretinsky, who is currently trying to buy Royal Mail owner International Distribution Services (IDS), saw his net worth rise by £2bn over the last year.

Sunday Times Rich List sport: Lewis Hamilton, Jim Ratcliffe and Eddie Hearn

Seven time Formula 1 champion Lewis Hamilton has entered the Sunday Times Rich List for the first time in 2024.

Backlash as Morrisons trials sale of New Zealand lamb

It says the move is due to customer demand for cheaper prices in the wake of the cost of living crisis.

Check your EPF trust status! Don’t lose Section 80C tax benefits on Employees’ Provident Fund tax - check details

Employees should understand their employer's EPF setup for optimal tax benefits. Contributions to EPF accounts managed by EPFO or an exempted trust offer advantages. Unexempted EPF trusts have tax implications. Employers' role in managing EPF schemes is crucial, affecting tax benefits. ...

An annual rich list says Paul McCartney is Britain's first billionaire musician

Paul McCartney is a billionaire Beatle. The annual Sunday Times Rich List says McCartney is the first British musician to be worth 1 billion pounds ($1.27 billion). The list released Friday calculates that the wealth of the 81-year-old musician and his wife Nancy Shevell has grown by 50 million ...

BlackRock's Rieder backs rate cuts to combat inflation

Rick Rieder, BlackRock's chief investment officer of global fixed income, has suggested that the Federal Reserve should lower -More- 

Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since

For the nation’s bicycle shops, the past few years have probably felt like the business version of the Tour de France. Early in the pandemic, a surge of interest in cycling pushed sales up 64% to $5.4 billion in 2020, according to the retail tracking service Circana. The boom didn’t last. ...

TVS Apache 160 Series Dark Edition Launched, Know Price & Features

TVS Apache 160 Series: TVS Motor Company has launched the Dark Edition variant of the TVS Apache 160 series motorcycles- TVS Apache RTR 160 and RTR 160 4V.

Ex-Post Office IT boss blocked Vennells' number

Lesley Sewell tells the Horizon inquiry she was "not comfortable" being contacted by the former chief.

How much gold can you buy in cash and are PAN, Aadhaar details mandatory? Here’s what legal experts say

New regulations mandate PAN or Aadhaar for gold purchases over a limit. Income Tax Act prohibits cash transactions exceeding Rs 2 lakh in a day. KYC compliance and PMLA rules affect high-value transactions.

Morning news brief

President Biden to meet leaders of Black sororities and fraternities. Mercedes-Benz workers in Alabama finish union vote. Boeing's shareholder meeting comes at a turbulent time for the company.

John Krasinski family film IF is refreshingly different

IF is a bold attempt from John Krasinski who wants to try something different, a great shout for families with the holidays coming up

Troubled plane-maker Boeing holds its annual shareholders meeting on Friday

The airplane maker continues to answer difficult questions about production and quality control lapses on its 737 Max jets.

New Morgan Midsummer is a British eccentric in Italian couture

Designed in collaboration with Pininfarina, the new Morgan Midsummer will be limited to 50 cars – each one hand-built and unique.

German council approves a revised plan by Tesla to expand its plant near Berlin

A local council in Germany has approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this year. Councilors in the Gruenheide municipality, just outside Berlin, voted 11-6 with two abstentions on Thursday ...

A Supreme Court Victory for the CFPB Won’t End a Regulatory Fight

A win for the Consumer Financial Protection Bureau removed the existential threat hanging over the agency, but opponents have vowed to keep on fighting.

Jeremy Hunt promises future tax cuts if Conservatives win general election

Jeremy Hunt promised further tax cuts if the Conservatives win the general election as he sought to draw an electoral dividing line between the Tories and the Labour Party.

Nimble dog wins Westminster agility competition

A 6-year-old mixed-breed dog named Nimble won the agility competition at this year's Westminster Dog Show, beating 50 other d -More- 

Bank of England will move hundreds of jobs to Leeds to ‘improve trust’

One in ten employees of The Bank of England will be based in Leeds by 2027, it has been announced.

Tencent investor Naspers appoints Bloisi as new chief

Head of Brazil’s biggest food delivery app expected to maintain strategy of buying back shares

Japanese beauty needs to look beyond China

Chinese shoppers have been increasingly turning to homegrown beauty brands, with sales growing rapidly

FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs

Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.

Do you want to exchange torn, imperfect or soiled currency notes? Here’s what you can do

Individuals in India can exchange damaged currency notes at any bank branch following varying rules based on the notes' condition and quantity. The process includes exchange limits and procedures for mutilated, soiled, and extremely damaged notes, with service charges as per RBI guidelines.

EP: 271 Newbury & Hong Kong

The Group 1 Lockinge Stakes, won in the past by the likes of Frankel and Baaeed, is the feature race at Newbury on Saturday where you can, once again, bet into the unique Worldpool markets. City AM Racing editor Bill Esdaile previews the best of Newbury’s racing action with an eye on the ...

Duke of Westminster’s £10bn fortune sends him to the top of the young Rich List

Hugh Grosvenor, the Duke of Westminster, has dodged the property slump, to top the under 40 category on the Sunday Times Rich List.

UK watchdog decides not to investigate Microsoft's AI partnership with France's Mistral

British regulators say they don’t need to open a competition investigation into Microsoft’s partnership with French artificial intelligence company Mistral, a month after asking for industry feedback on the deal. Microsoft announced earlier this year that it was partnering with the buzzy ...

China pours billions into crisis-hit property market

Government unveils its most significant steps yet to address slump in the country's property sector.

Border Force to stage more strikes at Heathrow Airport during half term

More strikes have been announced by Border Force staff at Heathrow Airport at the back end of half term.

'Corrupt ship inspectors demand our food and cargo'

Seafarers tell the BBC port officials routinely demand bribes before allowing ships through.

Is the move to electric cars running out of power?

There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip?

Abu Dhabi, once an untapped desert city, sees its first brewery open as UAE relaxes its alcohol laws

In 2018, Chad McGehee opened Side Hustle Brews and Spirits, an Abu Dhabi-branded brewery and distillery with funky camels on its cans and playful names familiar to anyone living in the United Arab Emirates. The only problem was it was illegal to produce alcohol in the country, so his company ...

Dave Hill: Daftness and music at Soho Theatre

An evening with David Hill is time and money well spent: an instant mood boost and a lasting grin on your face. More please!

J.K. Rowling: Harry Potter author close to reaching billionaire status

J.K Rowling, the author of Harry Potter, is close to reaching billionaire status, according to The Sunday Times rich list. 

Foreign investors sell Indian stocks ahead of election

Foreign investors are withdrawing from Indian stock markets, with a net outflow of $3.5 billion in May, on course to be the l -More- 

Bank Holiday getaways at risk as London Heathrow Airport border staff to strike

Over 500 Border Force workers at the West London airport's terminals 2, 3, 4 and 5 will down tools, potentially causing massive queues.

GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally

Video games store operator announces preliminary results showing expectations for a further drop in net sales

Ukraine war: The trillion dollar cost to the West

Governments face increased borrowing, taxes and public sector cuts to finance their soaring military budgets. European NATO members are set to spend a record $380 billion on defense this year — a tough sell to voters.

Federal judge hearing arguments on challenges to NYC’s fee for drivers into Manhattan

New York’s first-in-the-nation plan to levy a hefty toll on drivers entering Manhattan is the focus of a legal battle playing out in federal court. A Manhattan judge is hearing arguments Friday in lawsuits brought by unionized public school teachers and other irate New Yorkers seeking to halt ...

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week. Here are the facts: Milwaukee's director of elections was not removed from her position for vote rigging in the 2020 presidential election. Election officials say internal matters led to the change, noting there “was no indication ...

News24 Business | City of Tshwane lobbies Ramaphosa to stop new electricity law

The City of Tshwane is concerned that the ERA Bill will interfere with its ability to set electricity tariffs.

MassiveMusic hires Dubai-based comms agency

Sonic branding specialist MassiveMusic, which specialises in music and sounds for ads, has appointed a Dubai-based comms agency to handle its regional PR and media relations.

Ueda: BoJ to retain ETF holdings amid policy shift

Bank of Japan Governor Kazuo Ueda has announced that the central bank no immediate plans to sell its substantial holdings of  -More- 

Europe reportedly may delay FRTB to align with US

The European Commission is reportedly considering delaying the implementation of the Fundamental Review of the Trading Book t -More- 

Vanguard's new CEO Ramji targets expansion

Salim Ramji, recently appointed as Vanguard's CEO, aims to significantly expand the firm's client base with plans to enhance  -More- 

JPMorgan launches European government money market fund

JPMorgan Chase's asset management division has introduced a money market fund in Europe that focuses on government and sovere -More- 

Mercedes Workers in Alabama Reject Union

The election, fiercely opposed by the state’s political leaders, was seen as a test of the United Automobile Workers’ ability to unionize factories in the South.

Paying more is ‘not viable’: how new visa rules are hitting foreign graduate recruitment

International students have had UK job offers rescinded after visa changes made hiring them too expensive

Course Offering - Virtual Dates Available | API 580/581 Risk Based Inspection

This Risk-Based Inspection training course helps attendees understand and use RBI technology, develop a program and learn wit -More- 

Crop tops creep into the corporate world

Crop tops have joined the business casual wardrobe, paired with high-waisted slacks, skirts, and a blazer.  -More- 

Bank of England plans expansion of Leeds base

The bank's governor says expanding its Leeds base would enable it to "better represent the public".

Oil, gas industry fights new BLM fees rule in court

A coalition of oil and natural gas industry groups, including the Western Energy Alliance, is asking a Wyoming federal court  -More- 

2024 Exploration and Production Standards Conference on Oilfield Equipment and Materials, June 10-14, Denver, Colo.

Join API for the 2024 Exploration & Production Standards Conference to gain access to technical committee meetings covering A -More- 

Dow reaches 40,000 for the first time

The Dow Jones Industrial Average surpassed 40,000 for the first time Thursday, although it eventually closed lower.  -More- 

Execs: Consider alternatives to layoffs

Employers should try to move employees to new jobs, other parts of the company or part-time roles before carrying out layoffs -More- 

More employees are cheating on drug tests

A new report from Quest Diagnosis finds that more workers are cheating on their employment drug tests, with invalid urine sam -More- 

As many as 98% Indian firms surveyed admit to loss of sensitive information in 2023: Rubrik

Reflections

My friend Kari* recently moved out of the house she was sharing with a traveling nurse.

California's scenic Highway 1 to Big Sur opens to around-the-clock travel as slide repair advances

A section of California’s scenic Highway 1 leading to the famous Big Sur coast has reopened to around-the-clock traffic. The reopening came after stabilization of a storm-triggered rockslide that dropped a chunk of one lane into the ocean. The gap has yet to be closed, but a temporary signal ...

Hyderabad dronetech startup Drogo Drones eyes foray into air taxi services

Electral sales jump 26% as heatwaves take toll

Dehydration and Electral sales surge in India's pharma retail market in April, per IQVIA data. Cardiac, gastroenterology, and dermatology therapies show growth. Poor sales of respiratory and anti-infectives affected market in March. Gastroenterology medicines like Pan, Pan D, liver therapies ...

Steelmakers warn ministers that UK faces dumping risk

Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry says

British investor in talks to buy 49% share in Teesside International Airport

Michael Flacks wants to transform the facility into a cargo, repair and maintenance hub

Stock market today: BSE Sensex rises 100 points; Nifty50 above 22,500 in special trading session

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Saturday as part of a special trading session. BSE Sensex rose over 100 points and Nifty50 was above 22,500.

It was once a center of Islamic learning. Now Mali's historic city of Djenné mourns lack of visitors

Mali’s historic city of Djenné was once a center of Islamic learning, known for its sprawling mud-brick mosque that has been on the UNESCO World Heritage in Danger list since 2016. The Grand Mosque of Djenné — the world’s largest mud-brick building — used to draw tens of thousands ...

Pietro Beccari: ‘There is no household in the world that doesn’t have Louis Vuitton products’

The Louis Vuitton chief wants to turn the LVMH-owned luxury brand into a cultural juggernaut

News24 Business | Sun still heading for peak after 'extreme' solar storm last week, SA Space Agency warns

There is an increased likelihood of solar storms similar to the 'extreme' Mother's Day weekend storm that brought Aurora to South Africa, as the sun heads toward its expected peak activity in July next year.

Senate group calls for $32B in annual AI spending

The AI Working Group -- a bipartisan Senate group led by Majority Leader Chuck Schumer, D-N.Y.  -More- 

Blow to UAW as Mercedes-Benz workers in Alabama vote against union

Defeat marks a reversal for the United Auto Workers after victory at Volkswagen plant in Chattanooga

The UK’s three youngest tech entrepreneurs who started billion-dollar businesses

These are the UK's three richest and youngest tech entrepreneurs who have managed to turn an idea into a billion-dollar business.

Why A&W made a festival-worthy 18-minute documentary about hotdogs with bacon

Developed by Rethink, the documentary tells the stories of "whistle dog warriors" who want A&W to bring back whistle dogs.

Odisha tops in inflation, rate over 7% for 6 months

Odisha's high inflation contrasts with Delhi's lower rates, influenced by volatile vegetable prices and RBI's insights on food price uncertainties and wheat production impact.

Manifestantes exigen a concejal que retire su apoyo a la explotación minera de Ozinga

Sunshine Enterprises hosts "Shark-Tank"-style competition for Chicago area entrepreneurs

Trai to issue consultation paper to curb pesky calls

Govt, Trai, and consumer affairs ministry are revising regulations to counter pesky calls and unsolicited commercial messages, tightening mechanisms.

Trai looks to bring WhatsApp, Facebook, X, Insta under regulation

Trai plans to regulate OTT services like WhatsApp and Facebook, excluded from the new telecom act. Chairman Lahoti announced open discussions on the matter at a symposium on 'Strengthening Atmanirbhar: Securing domestic industry and technology' by the Parliament. The consultation paper, ...

Why TikTok Users Are Blocking Celebrities

A TikTok movement is calling for followers to block famous people over their stances on the Israel-Hamas war. It began at the Met Gala.

More people seek help for debts as fee scrapped

Debt Relief Orders are available to those on low incomes to clear existing debt and surged as the fee was axed.

Most VC-backed startups don't have a path to an exit

Among the nearly 63,000 venture-backed startups worldwide only 3% have a plausible path to an exit through a successful initi -More- 

Fay highlights the success of platform startups

Fay, the platform startup that connects registered dieticians and insurance companies, recently raised $25 million, highlight -More- 

Zappos takes customer experience to the next level via AI

Amazon-owned online footwear and clothing retailer Zappos has long been exploring AI and other technology tools to enhance cu -More- 

Rishi Sunak leapfrogs the King in new rich list

Rishi Sunak has overtaken the King in the latest Sunday Times Rich List.

New endangered listing for rare lizard could slow oil and gas drilling in New Mexico and West Texas

Federal wildlife officials have declared a rare lizard in southeastern New Mexico and West Texas an endangered species. The Fish and Wildlife Service said Friday that future energy development, sand mining and climate change could lead to extinction of the dunes sagebrush lizard in one of the ...

Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves

Frontier Airlines is dropping those dreaded change fees, at least for some of its passengers. The discount airline said on Friday that it's creating four types of fares. The cheapest tickets, called “basic,” won't let you cancel or change a ticket, but the other fare categories will. Most ...

Researchers: Climate warming's threat to world's GDP worse than thought

More warming of the world would cause financial losses equal to a perpetual state of war, according to a research paper from  -More- 

Asia-Pacific marketers' hike in ad spend bests other regions

Despite global economic challenges, Asia-Pacific marketers plan to increase product promotion, mainly on social media, while reducing their brand-building budget, according to the 2024 Nielsen Global Annual Marketer Survey.

China ramps up Thai EV production

More electric vehicles (EVs) sold in Thailand should be locally manufactured this year as Chinese automakers plan to produce them here from the third quarter, sourcing local materials to support their manufacturing, says the Board of Investment (BoI).

US makes arrests in North Korea-tied IT job scam

US prosecutors arrested an American woman and a Ukrainian man for aiding North Korea-linked IT workers in obtaining remote-work jobs at hundreds of US firms, including Fortune 500 companies and banks, and stealing identities to generate revenue for North Korea in violation of sanctions.

Sony and Apollo Take Key Step in Bid for Paramount’s Assets

The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.

Asian shares retreat on China weakness

RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.

Dow Jones closes above 40,000 for first time amid global market volatility

The Dow Jones industrial average closed above the 40,000 mark for the first time on Friday, with other major indexes also scoring weekly gains, as data supported expectations for interest rate cuts by the Federal Reserve this year. The benchmark S&P 500 edged higher after paring losses while ...

Divesting shares: does it work?

Offloading shares for moral reasons needs to be part of an overarching strategy

SET makes another attempt to clear 1,400 hurdle

Thai shares continued to move sideways up, with the SET index struggling to clear 1,380 points (the next hurdle will be 1,400) throughout the past week, causing the market to stay rangebound.

Wharf Wellness: Free four-day feel good festival returns

Canary Wharf’s signature four-day Wharf Wellness event is returning this summer, in with a packed programme of events, activities, and pop-ups. Whether visitors have 30 minutes spare, a lunch break away from their desk or a free evening to enjoy, this year’s event is offering experiences ...

Why private equity is yet to pounce on the London Stock Exchange this year

As private equity firms bounced around London auditioning advisors and lawyers late last year, top dealmakers were looking forward to a return to action. But so far, they're yet to rear their head.

News24 Business | 'Won't be the same company in 5 years': Prosus picks engineer CEO as it eyes AI revolution

Africa's most valuable group of companies, Naspers and Prosus, has chosen a new CEO who started in engineering. It said on Friday it expects to grapple with the game-changing effects of AI that will radically transform it in the next few years.

Why a successful exit isn't enough

Entrepreneurs who create a business and successfully exit often feel unsatisfied and find their way back into the startup wor -More- 

Grindr plans a move to Loop office tower, setting up global engineering hub

Long-haul tourist market unfazed by Mideast war

War in the Middle East has not disrupted the flow of long-haul travellers, according to the Tourism Authority of Thailand (TAT).

Boeing shareholders rebuke chief executive Dave Calhoun

Objections to pay package and re-election to the board fall short but point to shareholder frustration

Maxwell Street Market to return to original home near UIC for 2024 season

Pension funds need ‘compelling’ returns from UK nuclear projects to invest

Potential investors tell Jeremy Hunt regulatory clarity also essential before backing new power plants

Here’s how to get Gen Z interested in their pensions

Allowing employees to choose their pension provider and consolidate their contributions into one pot is popular with Gen Z who frequently move jobs and could help them be more financially secure in the future, Says Niamh O Regan By and large, people choose their own financial products. Who ...

Nvidia could be the most valuable stock in the US

Hitting a milestone valuation of $3tn is no easy task, but the chipmaker is well-placed for the challenge

News24 Business | Checkers to challenge Amazon, Temu with new Sixty60 app

Could the new Checkers Sixty60 app, which allows for same-day delivery of a range of goods from air fryers to television sets and pool cleaners, help SA’s largest retailer Shoprite eat the lunch of the likes of Temu, Amazon and Takealot?

UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company

UNITED NATIONS (AP) — U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves. The panel of experts said in a report to the U.N. Security ...

Remaking BHP: the chairman and the $64 billion deal

Ken MacKenzie likely has just over two years left as BHP’s chair. A mega-deal with Anglo American would shape the legacy he leaves at the Big Australian.

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety…

Ex-Honolulu prosecutor and five others found not guilty in bribery case

Honolulu's former top prosecutor has been found not guilty in a bribery case that alleged employees of an engineering and architectural firm bribed him with campaign donations in exchange for his prosecution of a former company employee. A U.S. grand jury indicted former Honolulu Prosecuting ...

Hemp sellers push back on delta-8 ban as lawmakers tackle unregulated cannabinoids

$75 million yacht owned by tech billionaire spotted in San Francisco Bay

The yacht was $75 million, but its owner has plenty to spend on SF’s election.

A heavy monsoon season is great news for these Indian stocks

A recovery in rural stocks is also positive news for India’s broader stock market, which has seen significant growth in recent years, primarily driven by investment-heavy firms reaping the benefits of increased government infrastructure spending. Additionally, abundant rainfall can help the ...

Decline of 138-year-old wealth icon shows bigger isn’t always better

Gobbling up other fund managers wasn’t enough to shield Perpetual from the headwinds buffeting stock pickers.

Why is stock market open today, on Saturday May 18?

Stock market today: The special live trading session is being conducted in accordance with Sebi guidelines, which require testing the preparedness for handling unexpected disasters from the main trading centre in Mumbai.

Stock Market Special Session Today, Sensex Jumps 120 Points

Power Grid, Nestle, Asian Paints, IndusInd Bank, and TCS were the top gainers. JSW Steel, Axis Bank, ICICI Bank and ITC were the top losers.

‘Old Money’ Tiktok trend drives demand for Rolex’s as buyers willing to pay more for ‘immediate access’

The boss behind one of Britain’s best known sellers of Rolex and Tag Heuer watches said there has been a surge in interest for luxury goods from Gen Z shoppers as they look to emulate the dress sense of the upper classes. 

Georgia: Why our protests are the new frontline against Putin-style democratic crackdowns across Europe

Protests in Georgia are continuing over plans to introduce a ‘Putin-style’ law against ‘foreign influence.’ Here, academic Gia Jandieri – under threat himself from the new legislation – explains why Georgians are taking to the streets Controversial? Divisive? No, More Than That, ...

The UK economy suffers from low levels of investment? That’s just not true says Deutsche Bank

Deutsche Bank point out that aggregate investment growth since the financial crisis is second only to the US among G7 economies.

The Night That Sotheby’s Was Crypto-Punked

The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.

Two Tickets To Greece review: A charming French drama

In a summer of edgy blockbusters, this escapist story of friendship Two Tickets to Greece is just the ticket

Ozempic and Wegovy: what happens when a drug goes viral?

Novo Nordisk's Wegovy and Ozempic have been heralded as the solution to the world's growing obesity problems. But when celebrities and influencers misuse them and start documenting their weight loss journeys online, should we take stock?

Access Contemporary Music eyes shuttered 7-Eleven for music school, venue

Marks & Spencer's website and app go down

Marks & Spencer's website and app has not been working for several hours, with a message telling shoppers "you can't shop with us right now".

Ministries to promote film spots

The Tourism and Sports Ministry has joined hands with the Culture Ministry to promote Thailand's film locations in a bid to achieve 7.5 billion baht in earnings from foreign film companies choosing to shoot their films in the country this year.

Google quits on huge, longtime San Francisco office in premium location

Google is dropping out of a massive office in downtown San Francisco.

A dad review of San Francisco's self-driving Waymo taxis

"I'm a dad. A silent car ride is all I ever wanted out of life."

'Magic United': Disneyland characters vote to unionize

Disneyland employees in California, including those who perform as characters from Mickey Mouse to Moana, have voted to unionize. The 1,700 workers will be represented by Actors' Equity Association.

European private equity groups forced to keep assets longer

Some firms are struggling to exit investments made when the industry boomed while interest rates were low

‘We had no idea what private equity was about’: Japanese chipmaker CEO on buyout bosses

Fumiyuki Kanai came to value KKR as a tool for change ahead of country’s biggest IPO in five years

How do Manchester City and Arsenal win the Premier League today?

The Premier League will be decided today. And while 20 teams will be fighting for the final win for the season, only two of them can still win the tile: Manchester City and Arsenal. City will win their fourth consecutive title and sixth in seven years if they finish today’s matches top of the ...

Guerrilla influencers and AI news anchors, China is ramping up its propaganda machine

China's propaganda machine is embracing AI - but there are limits to what tech can do with bad storytelling, writes Ruby Osman.

The WNBA enters its Caitlin Clark era

A new generation of stars is boosting the women’s basketball league. Is it ready to capitalise on that success?

Kochi-bound Air India Express Flight Makes Emergency Landing At Bengaluru Airport After Engine Fire

An Air India Express flight bound for Kochi made an emergency landing shortly after taking off from Bengaluru's Kempegowda International Airport due to a fire in one of its engines.   

Companies are trying to attract more smartphone users across Africa. But there are risks

Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developed. But despite growing mobile internet coverage on the continent of 1.3 billion people, just 25% of adults in sub-Saharan Africa currently have ...

How to be a crorepati! Use this simple SIP trick to save over Rs 1 crore with just over Rs 5,000 investment per month

How to be a crorepati: SIPs allow you to invest a fixed amount in mutual funds at regular intervals, whether daily, weekly, or monthly. While standard SIPs are beneficial, step-up SIPs can significantly enhance your investment growth.

What’s BlackRock Without Larry Fink? Shareholders Fret About Future.

Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its chief executive retires.

What Caitlin Clark’s Arrival Could Mean for WNBA’s Business

Clark’s arrival has many betting on the W.N.B.A.’s success. But certain structural disadvantages persist, including how much the players earn.

Boeing shareholders approve chief’s $33m compensation as company faces investigations

Boeing shareholders approved chief executive officer David Calhoun’s $32.8m (£25.8m) compensation on Friday and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes.

RBI Revises Timeline For Government Treasury Bill Auctions

T-bills are short-term debt which are issued by the Government of India to cover its short-term borrowing needs. 

IT Giant Cognizant Issues Warning For Employees: Return To Office Or Get Fired

The mandate follows similar moves by Tata Consultancy Services, Infosys, and Wipro, which also instructed their employees to return to the office in 2023.

Sensex, Nifty Extend Winning Streak In Special Trading Sessions, TCS And Nestle Lead

The national bourses on Saturday conducted a special trading session for an easy switch over to a disaster recovery site.

Debt, equity holders approve merger of IDFC with IDFC First Bank

EgyptAir plans to increase frequency of its Delhi-Cairo flights, make it a daily

Challan Expressway? AI Cameras Report 12K Traffic Violations On Bengaluru-Mysuru E-way In Two Weeks

In just two weeks, AI-powered cameras on the Bengaluru-Mysuru Expressway have caught around 12,000 traffic violations.  

Two minutes with: A Quitline counsellor helping smokers find their ‘aha moment’

Quitline counsellor Ciza Dion says it can be hard talking to clients over the phone, but helping someone to break an addiction makes it all worthwhile.

Global investors wake up to cheap UK stocks as takeover activity rises

Jupiter Asset Management boss says London-listed shares are ‘cheapest they have been in 50 years’

Irish business and rugby ‘giant’ Sir Tony O’Reilly dies aged 88

Former Irish international rugby player and leading businessman Tony O'Reilly dies

Sir Tony O'Reilly, a former Irish international rugby player and one of the country's leading businessmen, has died aged 88.

China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies

Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloud

Is buying vinyl bad for the planet - and what can be done about it?

Taylor Swift's new album helped fuel the highest weekly vinyl sales in 30 years - but is our rediscovered love of owning records environmentally reckless?

Elon Musk arrives in Indonesia's Bali to launch Starlink satellite internet service

Elon Musk has arrived in Indonesia’s resort island of Bali to launch Starlink satellite internet service in the world’s largest archipelago nation. The billionaire head of Tesla and SpaceX and owner of social platform X arrived Sunday by private jet on the idyllic “island of the gods." ...

Reliance seeks access to ATF pipelines, storages of PSU oil firms

Reliance Industries Ltd, a prominent conglomerate, has sought access to the extensive network of pipelines and storage facilities that public sector oil companies have meticulously constructed over the years. These infrastructure assets are crucial for the efficient supply of jet fuel, also ...

News24 Business | Large consumer group welcomes electricity regulation amendment bill while Tshwane opposes it

The Energy Intensive Users Group has welcomed the passing of the Electricity Regulation Amendment Bill, which brings to effect Eskom's unbundling into three entities and paves the way for other generators to enter the electricity supply industry.

Schengen visa delays lead Indian holidaymakers to explore alternative destinations like Georgia, Australia, and Japan

Schengen visa delays have led Indian holidaymakers to explore alternative destinations like Georgia, Australia, and Japan for summer vacations. Trips to Armenia, Azerbaijan, Uzbekistan, and Kazakhstan, are witnessing a surge in interest.

AAP Protest: ITO Metro Station Entry and Exit Closed; Check Delhi Traffic Police Advisory

The Delhi Metro has shut down entry and exit at the ITO Metro station amidst a protest march at the BJP headquarters.   

Market Outlook: PMI Data, Q4 Results Key Triggers For Next Week

US Fed Chair Jerome Powell is scheduled to deliver a speech on Monday (May 20), which is expected to further influence market sentiments.

Renowned Indian Banker And Former ICICI Chairman Narayan Vaghul Passes Away At 88

During his tenure, Vaghul mentored many senior executives including K.V. Kamath who succeeded him and carried on his legacy. 

New Covid variants stoke fears of a summer surge in cases

So-called FLiRT strains set to test effectiveness of vaccines against latest mutations

Top Anglo American investors open to simpler takeover bid from BHP

Major shareholders in Anglo American are reportedly open to accepting a simpler takeover bid from its bigger rival BHP that could create a mining juggernaut.

Nvidia eyes strong first quarter results as analysts remain bullish

This AI hype has enabled Nvidia to annihilate consensus sales and profit forecasts in all four quarters of the financial year 2024.

Pragmatic: ‘More to be done’ says boss of British chipmaker

The chief of Pragmatic has said good progress has been made but there is "more to be done" to support Britain’s semiconductor industry.

Formula 1 driver standings as Verstappen wins in Imola

Max Verstappen returned to winning ways in Formula 1 this weekend with a victory at Imola on the 30th anniversary of Ayrton Senna’s death at the iconic Italian track. McLaren driver Lando Norris, who won his first ever race last time out in Miami, reeled in the Dutchman towards the end of the ...

Inflation set to return to two per cent target in boost for Bank of England

The latest UK inflation reading could show a notable fall when it's published this week.

AI is already changing management — companies must decide how

Human intelligence shaped organisations but it is no longer the only form at work

Thirst for AI knowledge drives growth in executive courses

Business schools move to help leaders grasp technology’s implications ‘beyond the hype’

SCSS Calculator: Earn Over Rs 10 Lakh Interest Income From Senior Citizen Savings Scheme; Interest Rate To Tax Benefits - Top 10 Facts

8 Transformational Indian Railways Projects You Shouldn’t Miss

Russian court freezes assets of 2 German banks in gas project dispute

The Russian state news agency Tass says a court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia. The order is in response to a lawsuit over the planned construction of a liquefied natural gas terminal in the Baltic Sea. The banks were ...

Oleksandr Usyk 22-0 career boxing record IN FULL after beating Tyson Fury

On Saturday night Oleksandr Usyk toppled the Gypsy King Tyson Fury in Riyadh by split decision to claim the undisputed heavyweight title. With the victory taking the Ukrainian to a record of 22 wins in 22 fights (14 by knockout and 8 by decision), here is Usyk’s professional record in full. ...

Big Drill Machine head Hits Moving Train In Chhattisgarh; Three Injured

Two passengers and a sanitation staffer were injured after the head of a big drilling machine crashed into a moving train on the outskirts of Chhattisgarh's capital Raipur.  

Branson’s back? Virgin Trains looks to show up Avanti in bid for west coast route

Sir Richard Branson is set to make a return to Britain's railways with a bid to run an open access service on the west coast mainline.

EQT in advanced talks to buy Keywords Studios for $2.8 billion

Premier League table IN FULL as Manchester City crowned champions

Manchester City won their fourth consecutive Premier League title on Sunday with a 3-1 victory over West Ham United. Combined with Arsenal’s 2-1 win over Everton, Pep Guardiola’s side picked up their sixth title in seven seasons at the Etihad. Liverpool and Aston Villa complete the top four ...

European utilities cut renewable targets as high costs and low power prices bite

Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuels

Britain’s new food security index is a poor excuse for policy

There is little value in Whitehall’s creation of something that suggests everything is fine

Getir quits UK with multimillion pound Tottenham Hotspur debt

Getir, the grocery delivery app which this month confirmed plans to exit the UK, has an outstanding debt to Tottenham Hotspur Football Club running to millions of pounds.

Disneyland Character Workers at California Park Vote to Unionize

The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.

Banks not doing enough to help struggling borrowers, says ASIC

As the number of customers falling behind on their repayments rises, the watchdog says too many people in hardship are finding it hard to get help.

Money can’t buy everything, but Chalmers can buy an inflation reduction

The treasurer’s use of new policy tools to solve new kinds of inflation has enraged many commentators, but the anger of those stuck in the past doesn’t mean we shouldn’t be looking to the future.

Banking sector net crosses Rs 3 lakh crore for first time in FY24

In FY24, the banking sector's net profit surpassed Rs 3 lakh crore, with public sector banks leading at Rs 1.4 lakh crore. Private sector banks and IT services also flourished due to enhanced balance sheets and improved performance. Reliance Industries, TCS, Indian Oil, ONGC, Infosys, and Bank ...

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former chairman died at his home on Saturday. He was 90. The chain traces its roots back to a Seattle ...

Boeing boss's £25m pay package approved

Boeing shareholders approved a $33m pay package for outgoing boss Dave Calhoun.

U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine

Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.

US lab-grown meat bans criticised as culture war ‘own goal’

Producer warns America is ceding a competitive advantage, just as it did with semiconductors

Unlocking the power of talent identification

Imagine Thailand’s future — a dynamic centre of innovation and progress. The key to this vision? It’s all about finding the right talent, the kind that brings ideas to life and leads transformative change.

Lufthansa sees 'turning point' after Q1 marred by strikes

Lufthansa is looking to cut costs, including in management, after repeated strikes weighed heavily on Q1 figures. But with the disputes settled and a busy summer anticipated, the CEO touted an imminent "turning point."

China’s BYD nears deal to supply London’s electric double decker buses

Chinese automaker BYD is closing in on a deal that would see it supply all-electric double decker buses in London.

HMRC challenging media businesses for research and development tax relief

HMRC currently challenges around 20 per cent of R&D tax relief claims overall - up from one per cent previously.

Business school teaching case study: risks of the AI arms race

Competitive haste raises questions about safe development of the technology. Explore the issues with this dean’s case study

Liverpool crowd say ‘Danke’ as Jurgen Klopp leaves Premier League

The Anfield crowd serenaded Jurgen Klopp on Sunday after the Liverpool manager signed off on his career in Merseyside with a 2-0 victory over Wolverhampton Wanderers. Liverpool were on for a quadruple when German Klopp announced he’d be leaving the club earlier this year but the club were ...

Man City wins unprecedented fourth consecutive Premier League title

Guardiola’s squad, assembled using Abu Dhabi’s vast riches, clinches hard fought campaign

Majority of football league clubs received investment enquiries last year, report

The majority of English football clubs in the top four leagues are receiving “formal or informal investment enquiries”, a survey by BDO suggests.  It said that most interest is coming from the US, which accounts for 85 per cent of enquiries.  Half of Premier League clubs, 10, have some ...

Energy bills predicted to fall by 7% in July

If the forecast proves correct, it would mean a typical annual bill could be £500 lower than last summer.

Plan to boost Uber and Lyft driver pay in Minnesota advances in state Legislature

A plan to boost pay for Uber and Lyft drivers in Minnesota has advanced in the state Legislature. The plan gained approval in the House on Sunday. It was crafted by Democrats to replace a minimum pay measure the Minneapolis City Council passed. That measure had prompted Uber and Lyft ...

Draft law aims to curtail profit shifting

The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.

Gold surges to record after Iran’s president killed in crash

Gold jumped to fresh record highs after Iran’s president was killed in a helicopter crash. ]]>

Mujer alega que Zantac le causó cáncer declaró en el juicio del Condado de Cook

Billionaire Issa brothers’ £2bn Asda deal sees petrol stations empire EG Group surge back to profit

The petrol forecourts empire built by the billionaire Issa brothers, who also own Asda, surged back into the black in 2023 following its £2bn deal with the supermarket giant.

Chinese Firms Face Authoritarianism at Home and Hostility Abroad

The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.

7th Pay Commission: Setback For Govt Employees; 25% Increase In Gratuity Due To Da Hike Kept On Hold By EPFO

DA was hiked to 50 percent in March 2024, consequent to which Gratuity ceiling is automatically hiked as per rules.

Stock Market Holiday: Markets Closed Today For Fifth Phase Of Voting

The decision to close the markets was taken to ensure that citizens, including those working in the financial sector, can participate in the electoral process. Trading will resume on Tuesday. The next holiday is scheduled for June 17 for Bakrid.

UK supermarkets in talks about joining forces for Fairtrade products

Bananas, coffee and cocoa could be collectively bought after watchdog indicated it would not challenge anti-competitive behaviour

Auditors failed to raise alarm before 75% of UK corporate collapses

Three in four audit reports did not provide alerts that companies risked going bankrupt, think-tank finds

Economic turning point could change course of Sunak's premiership

The Downing Street diary has an enormous red ring circled around Wednesday morning when the Office for National Statistics releases its monthly inflation data.

Crypto’s fight for legitimacy reaches US president

A bill to strike down the Securities and Exchange Commission's staff accounting bulletin "SAB 121" has become the first-ever crypto bill to reach the US President.

Demand for UK business flights has fallen by nearly a third since 2019

Business travel demand has fallen by nearly a third in the UK since before the pandemic, according to new research from the New Economics Foundation.

UK’s AI Safety Institute set to open in San Francisco

The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.

The Notebook: There’s only one thing bridging the Westminster divide: Taylor Swift

Michael Martins takes the Notebook pen to talk Labour hiring, Westminster politics, and the diplomatic powerhouse that is Miss Taylor Swift.

House prices rise as spring selling season boosts UK property market

The average price of UK property coming to the market reached record levels in May, rising by £2,807, as the spring selling season lends itself to the recovery of the housing market. 

Imposing VAT on private schools could be a net cost for the Treasury, research suggests

John O’Connell, chief executive of the TaxPayers' Alliance, said: "VAT on private schools is a clear cut case of a policy gimmick that will do grievous harm to families with potentially pathetic results for revenues."

‘Fans key to ParalympicsGB success at Paris 2024’

The countdown to the first summer Paralympics ever staged in France is gathering pace with 100 days to go until the Opening Ceremony, a groundbreaking celebration set for the Champs-Elysées. British fans have bought more tickets for the Olympics than any other nation except the hosts and ...

Easyjet founder Stelios: UK startup eco-system ‘far better’ than Europe

Sir Stelios Haji-Ioannou told City A.M. there's always money out there for startups.

How London’s diversity has helped it take over the world of advertising

Exports from the sector reached £15.6bn in 2022. The sector is expected to grow 4.6 per cent this year, outpacing the wider economy by a large margin.

Likewise Group shareholders set for bumper dividend as sales jump

Shareholders in Likewise Group are set for a bumper payout after full-year sales hit £139.5m and the outlook for the UK flooring industry improved.

Introducing Untold: Power for Sale

Introducing Power for Sale, a new season of Untold from the Financial Times.

Crackdown! Why telecom operators may block 1.8 million SIM cards soon

Telecom operators are likely to disconnect 1.8 million mobile connections to combat cybercrime and online fraud. SIM cards are being scrutinized for misuse in cybercrimes.

More iconic Harleys in India soon? After X-440, Hero & Harley-Davidson may tie-up for more motorcycles; eye exports as well

Hero MotoCorp and Harley-Davidson are likely to announce an expanded partnership in India to introduce a wider range of Harley-Davidson models, focusing on production and export to other markets. The premium motorcycle market is experiencing growth, and Harley-Davidson executives have expressed ...

Nine in 10 landlords raise rents for existing tenants

Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.

New Chicago-based company Global Tetrahedron wants to make The Onion great again

Chicago Tribune, seven other newspapers sue Microsoft and OpenAI

Bay Area-based company to pay out nearly $8M settlement to thousands of users

Hundreds of thousands of BetterHelp customers are about to get a tiny payment.

Gearing up for the new economy

Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.

Sydney Morning Herald nation’s most read masthead

The Sydney Morning Herald is the country’s most read masthead, with a cross-platform readership of 7.3 million Australians, according to the latest Total News readership figures released by Roy Morgan. 

Leading business figure Sir Anthony O'Reilly dies

He built an international media business which at one stage owned more than 100 newspapers.

The Age is Victoria’s most-read masthead

The Age has retained its position as Victoria’s most-read masthead, according to the latest Total News readership figures released by Roy Morgan.

The story behind Bitcoin Pizza Day: celebrating a milestone in cryptocurrency history

Bitcoin, the world's first decentralised cryptocurrency, has made headlines for its dramatic price swings and potential to revolutionise the financial world. However, not many are familiar with one of its most celebrated days: Bitcoin Pizza Day.

UK City minister hits out at watchdog’s fraud refund plan

Bim Afolami says PSR’s proposal has ‘significant problems’ in latest sign of tension between Treasury and regulators

Johnson & Johnson settlement shows the new stakes in litigation finance

Wall Street firms such as Fortress are backing legal showdowns against big companies

New-Gen Toyota Fortuner Spied, Equipped With Sunroof? Here Is What We Know So Far

Toyota Fortuner: D-segment SUVs do not contribute significantly in overall passenger vehicle sales but the Toyota Fortuner has a dedicated fan base in India.

'I had no choice but to get a 35-year mortgage'

With more young homebuyers opting for ultra-long mortgages, we hear from people about their personal experiences.

Iran: Hardline president killed in helicopter crash

Iranian President Ebrahim Raisi, a hardliner long seen as a potential successor to Supreme Leader Ayatollah Ali Khamenei, was killed in a helicopter crash in mountainous terrain near the Azerbaijan border, officials and state media said on Monday. The charred wreckage of the helicopter which ...

Why Infosys’ Narayana Murthy wants to be remembered ‘not as a good man but…’

During the dot-com bust around 2001, Narayana Murthy recounted the company's decision to honor 1,500 job offers made to young individuals, even as competitors across the industry postponed such hirings by a year.

Bank holiday for Lok Sabha elections: Banks closed today in several cities for Phase 5 voting - check list

Today marks the fifth phase of voting for the 18th Lok Sabha elections, leading to bank closures in Mumbai, Lucknow, and Belapur. Maharashtra government mandates a paid holiday for workers who are eligible voters, aligning with May bank holidays. RBI categorizes holidays under different ...

Pune Accident: Billionaire's Son Crashed Car Killing Two; Now Father To Be Booked For His Recklessness

Pune Car Accident: Two persons were killed when the speeding luxury car hit their motorcycle in the city on Sunday, police said.

BT delays public network switchover until 2027 despite ‘increasingly fragile’ old tech

BT and other operators are in the process of upgrading all of their old analogue phone services on to a fully digital, full-fibre network.

Iran’s President Ebrahim Raisi dead in helicopter crash

Aircraft came down on Sunday in remote and mountainous north-west

CGHS major reform plan: Central Government Health Scheme recast in works, link Ayushman Bharat - details here

The Centre is reforming the CGHS to streamline processes and reduce red tape. Addressing issues like bill settlement delays and financial distress of empaneled hospitals, the reform aims to enhance the efficiency of CGHS. The Health Ministry is recommended to establish mechanisms for daily ...

City minister Afolami rounds on regulators and calls to maintain ties with China

The City minister has doubled down on the government’s collision course with regulators today as he laid out a choice between “high regulatory barriers” and making the Square Mile “competitive” on the global stage.

Govt plans to increase budget by B122bn to fund handout scheme

The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

Road Accident Fatalities Drop In Delhi Till May 15, Data Shows

Road Accident Fatalities: Slight decrease in road accident fatalities has been witnessed in Delhi in the first five months of this year, according to the data released by the Delhi Police.

Prada chief rules out big acquisitions

Andrea Guerra suggests Italian luxury group is not looking to snap up competitors such as Armani or Versace

Who do politicians put up with insults from pensioners?

You’d expect the Prime Minister to be thick-skinned but when he has expended so much literal and political capital on pensioners only to be accused of hating them you wonder how he keeps his cool, says Joseph Dinnage Being a frontline politician, particularly in the age of the keyboard ...

Bank of England deputy governor Broadbent says summer interest rate cut ‘possible’

The Bank judges that the unwinding of the inflationary shock is likely to be "asymmetric", taking longer to unwind than it did to emerge.

News24 Business | Sanctioned Russian tankers now bear landlocked Eswatini's flag

Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the US’s scope to disrupt Moscow’s petroleum supply chain if it chooses to.

Unpaid carers being forced to repay £250m to DWP

One claimant unknowingly overpaid Carer's Allowance said the debts she incurred have brought 'considerable financial strain'.

3 oldest stars found lurking at edge of Milky Way

The universe's three oldest stars have been circling the edges of the Milky Way galaxy for 12 billion to 13 billion years, fo -More- 

US diplomats rack up £14m congestion charge bill

There remains a "stubborn minority" of foreign diplomats who are refusing to pay London's congestion charge, TfL has said.

New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy

The new semiconductor institute is tasked with promoting the sector to investors and attracting foreign investment in British research.

Funding boycotts are ‘irresponsible, entitled and childish’

The debate over whether artists should accept funding from Baillie Gifford has continued to rage in recent weeks.

Watch: Brave Petrol Pump Employee Averts Major Truck Fire Accident In Telangana

A lorry that entered the Nayara petrol station caught fire, but the quick actions of the alert employees, who used fire extinguishers to put out the flames, prevented a major fire accident.   

Oil little changed after death of Iran's president, Saudi king's ill health

Oil prices remained stable on Monday due to political uncertainty in key oil-producing nations. This uncertainty arose after the president of Iran passed away in a helicopter crash, and the crown prince of Saudi Arabia postponed his visit to Japan due to his father, the king's, health. Brent's ...

GB News faces possible fine over Sunak Q&A programme, says regulator

Ofcom considers sanctions after channel gave UK prime minister a ‘mostly uncontested platform’

We have one of the best takeaway pizzas in London – just ask Macaulay Culkin

Yard Sale Pizza, which was visited by Macaulay Culkin and his band The Pizza Underground, opened in 2014 and has now grown to 12 locations across London.

Ryanair unveils share buyback as profit soars but O’Leary warns on Boeing slip

Ryanair profit has risen by over a third to £1.6bn. However, chief executive Michael O'Leary warned issues at Boeing could mean deliveries "slip further."

AstraZeneca to build $1.5bn manufacturing site in Singapore

Anglo-Swedish drugmaker to produce targeted chemotherapy drug at facility

Nexxen: Share price rises on record first quarter revenue and bumper buyback

London-listed company Nexxen also said it has launched a $50m (£39.4m) share buy back programme on Monday.

What We Lose When ChatGPT Sounds Like Scarlett Johansson

OpenAI has good reason to aim for a bot voice à la the one in “Her.” But that film was about relationships. What does this real-world turn say about us?

IHG Hotels & Resorts hires corporate comms support

IHG Hotels & Resorts has appointed an international communications agency to manage its corporate PR activities across its core regional markets.

Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China

The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.

Losses widen at Café Rouge, Bella Italia and Frankie and Benny’s owner The Big Table

Losses widened at The Big Table, the owner of Café Rouge, Bella Italia and Frankie & Benny's, despite its turnover rising.

Xander Schauffele targets Paris 2024 Olympics after US PGA Championship victory

Schauffele holed the winning putt after an emotional pep talk from his dad.

Tesco and Sainsbury’s among British supermarkets joinin forces to sell fair trade bananas, coffee and cocoa

A cohort of British supermarkets are reportedly planning to join forces to buy ethically sourced food such as bananas, coffee and cocoa from farmers in developing countries, entering talks with Fairtrade to carry out the move. 

2024 Bajaj Pulsar F250 Launched After Pulsar NS400Z; Check What's New

The Pulsar F250 comes equipped with a new digital instrument cluster, featuring Bluetooth connectivity and turn-by-turn navigation.

Former Yodel owner owed £1.1bn as it collapsed into administration – but director hits back

The former owner of parcel delivery group Yodel owed more than £1.1bn when it collapsed into administration, it has been revealed.

Shein: Sajid Javid hunted for senior role at fast-fashion giant as London listing rumours swirl

The fast-fashion disruptor has been plotting a bumper float on London’s public market. 

Making sense of the ‘green grabbing’ debate

Researchers have warned that renewable energy and carbon removal projects can have social risks

Kainos: NHS supplier reports 14th year of growth as it ramps up use of AI

Kainos, a key NHS supplier, warned of weak demand from commercial clients in April and this was reflected in bookings.

Norton Motorcycles: Losses continue to mount at iconic brand

Losses continued to widen at Norton Motorcycles in the fourth year since being rescued out of administration.

News24 Business | How Eskom avoided load shedding last week

Eskom has passed the 50-day mark of load shedding-free days - the longest streak since the pandemic - despite a number of units failing last week.

Nasdaq exploring sales of predictive AI product

Nasdaq launched a predictive AI product last year in its US options market that predicts whether an options strike is likely  -More- 

Indian Railways' RITES to supply 200 passenger coaches to Bangladesh Railways

Indian Railways to supply 200 passenger coaches to Bangladesh! The contract, valued at $111.26 million (approximately Rs 915 crore), was secured by RITES, the export division of Indian Railways, through a competitive bidding process on a global scale.

Thailand has escaped recession: economic body

The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the first quarter still grew by 1.5% compared with the corresponding period last year.

Gas giants call for offshore permits fix to avert shortfalls

Woodside chief executive Meg O’Neill says the Albanese government’s decision to delay a plan to speed up offshore gas approvals will make it harder to develop new supplies.

Lilac Review: ‘Burden of proof’ a key barrier facing disabled entrepreneurs

The findings range from "common struggles" among access to finance, well-being and a lack of easy-to-navigate support offerings.

Top Anglo shareholder backs break-up plan as clock ticks for BHP

Legal & General says it is confident Anglo’s management can deliver as miner fends off interest from larger rival

Chinese property shares fall after lackluster measures

Shares of Chinese developers fell today as concerns grew about measures by Beijing to stabilize the property sector.  -More- 

US oil, gas rig count breaks losing streak

US drilling activity increased for the first time in four weeks last week, as oil and natural gas producers deployed one rig  -More- 

UK inflation data to test global bond rally

US inflation figures released last week spurred a bond rally that took global government debt to its best month of the year,  -More- 

2024 API Offshore Safe Lifting Conference & Expo, Sept. 24-25, Houston, Texas

This conference offers attendees a great opportunity to learn the latest in offshore lifting developments in the oil, gas and -More- 

ECB's Kazaks cautions on premature rate cuts

European Central Bank Governing Council member Martins Kazaks has advised a cautious approach to interest-rate cuts, stressin -More- 

News24 Business | Wimpy and Steers owner eyes Middle East gains as Gaza war sparks Western boycott

Wimpy and Steers owner Famous Brands sees opportunities to capitalise on the boycott of Western brands in the Middle East and grow market share in these markets, it said on Monday.

Know Your Car's Warning Lights And Indicators, Check Here

Car Warning Lights: It is essential for every car owner to have basic knowledge about their vehicle.

James Greenfield, Globe-Trotting Reporter and Times Editor, Dies at 99

He wrote about world affairs for Time magazine and worked at the State Department before becoming a senior editor at The New York Times in 1967.

Water investors have withdrawn billions, says research

A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.

Sam Torrance: Major floodgates will open now for Xander Schauffele

Schauffele held off the challenge of Bryson DeChambeau and Viktor Hovland.

Red Lobster, an American Seafood Institution, Files for Bankruptcy

Facing challenges since the pandemic, the seafood chain said it would reduce its locations and sell of most of its assets.

London Stock Exchange chief takes aim at ‘pernicious’ stamp duty on shares

The boss of the London Stock Exchange described the effect of a stamp duty on shares as “pernicious” today as she claimed the gloomy “public narrative” surrounding the City was beginning to lift.

Yorkshire Tea owner brews up record sales

The owner of Yorkshire Tea brewed up sales of almost £300m during its latest financial year, newly-released documents have confirmed.

Maker of crisps brand Seabrook brings forward investment plans after profits almost double

The maker of crisps brand Seabrook is bringing forward its major investment plans after its profits almost doubled in 2023.

This Week: Home sales, Fed meeting minutes and consumer sentiment index

The National Association of Realtors releases its monthly snapshot of existing U.S. home sales Wednesday. Also on Wednesday, the Federal Reserve delivers the minutes from its most recent interest rate policy meeting. The University of Michigan issues its May index of U.S. consumer sentiment Friday.

TVS iQube Now Gets 5 New Variants And Fast Charging; Check Details

TVS iQube Now Gets 5 New Variants And Fast Charging; Check Details 

News24 Business | Climate change key driver of record-low Antarctic sea ice - study

Climate change played a key role in last year's record-low levels of Antarctic sea ice, a study found, marking an abrupt shift from the growth seen in previous decades.

Watch live: Kering deputy CEO Francesca Bellettini in conversation with Jo Ellison

Join us at the FT’s Business of Luxury summit for today’s closing keynote interview at 4pm BST (5pm GMT+2)

Gulfstream LNG project makes progress on regulatory front

The Federal Energy Regulatory Commission has approved Gulfstream LNG Development's request to begin the pre-filing permitting -More- 

Trump victory could endanger $1T in US energy investments

A report warns that a victory this fall by Donald Trump could endanger future support for low-carbon energy sources, possibly -More- 

ConocoPhillips exec outlines operational strategy

ConocoPhillips' diversified Lower 48 portfolio ensures steady production and cash flow increases, while the Permian Basin wil -More- 

Breakthrough therapy improves movement in paralysed patients

Clinical study shows better hand and arm function after using non-invasive device to stimulate spinal cord

EPFO Adds 14.41 Lakh Members In March, 57 Per Cent Are Youths In New Jobs

Gender-wise analysis of payroll data unveils that out of 7.47 lakh new members, around 2 lakh are new female members. 

DA hike news: EPFO puts 25% increase in gratuity due to dearness allowance raise on hold

7th Pay Commission DA Hike: EPFO had on April 30, 2024, announced a 25% increase in the maximum retirement benefit and death benefit, raising it from Rs 20 lakh to Rs 25 lakh. However, just a week later, on May 7, they released a circular putting the gratuity hike on hold.

Marks and Spencer: How the high street darling keeps breaking the internet

Marks and Spencer is set to report its results this week and the market is expecting a strong showing from the retailer.

Not even debt is stopping young people from investing

Despite fears that young people aren't investing enough, it turns out they are, even if they shouldn't be.

Trevor Steven: Pep Guardiola has joined Sir Alex Ferguson in a league of their own

Fergie set the bar, winning 13 championships in 26 years at Manchester United, and now Guardiola is matching it.

Visit Oslo: Norway’s capital is dreamy for architecture lovers

Norway's capital Oslo is a brilliant city for architecture lovers

Top Democrat calls for Biden to replace FDIC chairman to fix agency's 'toxic culture'

The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be “fundamental changes at the FDIC.” This follows a damning report ...

Monday evening news briefing: Netanyahu’s arrest would not help end Gaza war, says Downing Street

New images of how £100m Liverpool train station will look revealed

New images of how a planned £100m Liverpool train station will look once completed have been revealed for the first time.

Yours for just £60m: New flats with private sauna and views of Hyde Park hit the market

A £500m apartment development which offers views of London's Hyde Park and Kensington Palace Gardens has released the final phase of luxury apartments available for purchase. 

Post Office cratered from UK’s sixth most trusted finance brand to 135th amid Horizon scandal

The Post Office has plummeted from the UK’s sixth most trusted finance and insurance brand to 135th place, pollsters have found.

UK infected blood inquiry: key findings

Sir Brian Langstaff’s long-awaited report found failures by government departments and various parts of the NHS

Trendy SF wellness company unveils cheap version of viral weight loss treatment

The SF company behind generic Viagra pills is now selling an Ozempic copycat.

Japanese firms offer highest pay hike in 32 years in spring wage talks

A survey of major Japanese firms showed they offered their highest monthly wage increases in 32 years at over 5 percent in the spring wage negotiations, as many…

Saudi Arabia's national carrier orders more than 100 new Airbus jets as it ramps up tourism push

Saudi Arabia's national airline ordered more than 100 new Airbus jets, a reflection of the kingdom's ambitious drive to lure more tourists. Saudia Group, which represents the Saudia…

Bank Regulator Overseeing ‘Toxic’ Culture Loses Key Supporter in Senate

Senator Sherrod Brown, who chairs the Senate Banking Committee, called for President Biden to replace Martin Gruenberg as leader of the F.D.I.C.

Alert: Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports

Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports.

‘Day of shame’: Rishi Sunak apologises for infected blood scandal

Rishi Sunak has made a “wholehearted and unequivocal apology” for the infected blood scandal in what he said was a “day of shame” for  the British state.

Actors accuse AI firm of misappropriating their voices

A pair of voice actors have launched a proposed class action suit against AI startup Lovo, accusing the firm of using perform -More- 

Report: AI spending remains optimistic

Spending on AI remains optimistic as AI businesses see strong growth in customer counts, according to Ramp's quarterly spendi -More- 

Airbnb CEO: The secret to keeping a startup mentality

Airbnb CEO Brian Chesky says he keeps the startup feel within his company by staying functional with as few employees as poss -More- 

Government norms to monitor quality of spices exports

India issues guidelines to prevent EtO contamination in spice exports, including mandatory testing and corrective actions for Everest Spices, to ensure compliance with international standards and prevent recalls like those in Singapore and Hong Kong.

New academic year fuels retailers' sales

Back-to-school shopping season sees a surge in demand for stationery companies like ITC and DOMS, and retailers like Reliance Retail's Smart Bazaar stores.

Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away

Billionaire philanthropist Rob Hale has surprised the graduating class at the University of Massachusetts Dartmouth by giving each of them $1,000. But there was a condition: They were to keep $500 and give away the rest. Students huddling under ponchos and umbrellas yelled and cheered as Hale ...

Hermana del gerente del banco corrupto de Bridgeport fue condenada por su papel en la quiebra del banco

Carbon capture plans run into community opposition

Massive plans by oil producers and the US government to pump greenhouse gases underground among porous rocks beneath public g -More- 

EV owners to receive compensation over faulty batteries

Chevrolet Bolt owners who installed updated software to address electric battery issues will receive checks of up to $1,400,  -More- 

Drone pilot can't offer mapping without North Carolina surveyor's license, court says

A federal appeals court says a North Carolina regulatory board didn’t violate a drone pilot’s constitutional rights when it told him to stop advertising and offering aerial map services because he lacked a surveyor's license. The panel of the 4th U.S. Circuit Court of Appeals on Monday ...

Trump Media Reports Lackluster Revenues and Large Losses

The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-ago period.

OpenAI pulls AI voice that was compared to Scarlett Johansson in the movie 'Her'

The AI company said the voice was not patterned after Johansson, but that it was removing the voice as an option in the wake of speculation about whether the sci-fi film inspired the voice.

Ineos drives towards hydrogen car future

At a sprawling vehicle test centre in the English countryside, a hydrogen-powered Grenadier 4x4 made by Ineos Automotive grips steep and rugged tracks, showcasing its off-road capabilities. Making…

Alert: EPA warns cyberattacks against water utilities more frequent and severe, urges steps to protect nation's drinking water

WASHINGTON (AP) — EPA warns cyberattacks against water utilities more frequent and severe, urges steps to protect nation's drinking water.

Notorious insider trader who inspired Wall Street's Gordon Gekko dies

Ivan Boesky, who partly inspired the Gordon Gekko character in the movie Wall Street, has died at the age of 87.

Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions

Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the country. It's a move that has raised tension with neighboring Serbia. A police statement said Monday that authorities closed the branches of the ...

Hugging Face offers shared GPU time for open-source AI

Machine learning company Hugging Face is offering $10 million worth of shared graphics processing unit capacity to help small -More- 

Don't overlook this must-use startup metric

The terminal annual recurring revenue number is vital for helping you understand your startup's growth limit, writes Sendbird -More- 

Under Armour founder to restore entrepreneurial feel

Under Armour founder Kevin Plank returned as CEO of the company to help streamline operations, which includes job cuts and a  -More- 

How Merck for Mothers reached 30M women through maternal health programs

Merck said that the $650 million effort eclipsed its benchmark goal and has reached more than 30 million women worldwide through its various programs.

Honda earmarks $65B to accelerate EV development

Despite slower EV sales in the Western Hemisphere, Honda is preparing a $65 billion infusion into development and bring out s -More- 

Dow predicts earnings via plastic waste transformation

Dow's strategy to commercialize 3 million metric tons per year of circular and renewable products by 2030 is paying off, with -More- 

Can AI Make the PC Cool Again? Microsoft Thinks So.

Microsoft, HP, Dell and others unveiled a new kind of laptop tailored to work with artificial intelligence. Analysts expect Apple to do something similar.

US and Saudi Arabia near agreement on bilateral security deal

Hotels calling for better tax treatment

Hoteliers are urging a revision of the property tax calculation based on the land appraisal price and business income to ease the uneven recovery in the hospitality industry.

Scarlett Johansson Says OpenAI Asked to Use Her Voice. Twice.

Last week, the company released a chatbot with an option that sounded like the actress, who provided the voice of an A.I. system in the movie “Her.”

New safety rules set training standards for train dispatchers and signal repairmen

New federal certification rules have been finalized for train dispatchers and signal repairmen will set minimum standards for those jobs to counteract the investor pressure on railroads to continually cut costs while making sure those employees have the skills they need to operate all the ...

Hector To Harrier, Top SUVs Featuring Dark Edition In India

Dark Edition SUVs: The black-themed SUVs twinkle your eyes with their opulent designs, features, and commanding presence.

Finfluencers loom large in world of ETFs

Asset managers are keen to increase brand awareness but recent enforcement action highlights difficulties

Are UK boards ‘too hot to trot’ in selling off companies?

More clarity is needed from government on which companies should be protected

Time to give the UK’s golden goose some much-needed nurturing

One side committed - the other sniffing around elsewhere. It’s harder to judge betrayal in politics, where snake-like behaviour is more easily accepted. 

'Major wake-up call' report warns of increased risk to health for swimmers from ingesting human poo

The UK's sewage system should be upgraded to reduce the risk of people ingesting human poo when they swim in rivers and the sea, a new report backed by chief medical officer Professor Sir Chris Whitty has recommended.

Scarlett Johansson ‘shocked’ over OpenAi’s ‘eerily similar’ ChatGPT voice

On Sunday, OpenAI announced it was pausing the voice to address "questions about how we chose the voices in ChatGPT."

U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods

Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.

Hero MotoCorp Bets Big On EVs, Plans To Expand Electric Model Range

Hero MotoCorp: Hero MotoCorp is looking to expand its presence in the electric two-wheeler segment.

Clarification: Unicoin

 We have removed the May 15, 2024, story entitled “SEC’s priorities go haywire as they register ‘Unicoin’ scam whilst suing Uniswap” because we have learned that several of its factual assumptions, implications, and characterizations regarding Unicoin were inaccurate. We regret ...

Water firm responsible for restoring safe supply in Devon announces profits

The parent company of South West Water has insisted it is focused on returning safe water supply to Brixham in Devon as it announced an 8.6% increase in underlying operating profits to £166.3m.

Shoe Zone shares slump as store revenue continues to decline

Shares in affordable footwear company Shoe Zone slumped by over nine per cent in early trade as the business fails to shake the hangover from its profit warning two months ago. 

You may not like its style. But Ryanair’s OTA shmooze is paying off… for both sides

Ryanair spent months berating online travel agents until they banded together to give the carrier a kicking in January.

‘Friend not a foe’: Infosys founder Narayana Murthy compares advent of Gen AI to installation of ATMs

Infosys founder NR Narayana Murthy believes that Gen AI will enhance human productivity and contribute to solving complex problems, as technology has consistently done in the past.

JPMorgan faces an enviable dilemma

The US bank is right to be cautious about increasing buybacks

Stock market today: Asian shares mostly decline after Nasdaq ticks to a record high

Asian shares have retreated even after most U.S. stock indexes finished higher, especially technology issues like Nvidia. Indexes in Japan, Australia, South Korea and China fell in Tuesday trading. Oil prices also were lower. U.S. stock indexes drifted to a mixed finish after a quiet day ...

Samsung replaces semiconductor chief as it chases AI chip rivals

Electronics group trails South Korean peer SK Hynix in high-bandwidth memory chips for artificial intelligence

This Man Did Not Invent Bitcoin

For years, Craig Steven Wright, an Australian cryptocurrency enthusiast, claimed to be Satoshi Nakamoto, the mysterious creator of Bitcoin. Then the courts got involved.

Based in an old Bermondsey biscuit factory, this London cancer drug firm just raised millions

Founded in 2012 by a PhD student, Labgenius uses technology to create more effective and safer antibodies for cancer treatment.

UK has room for three rate cuts this year, IMF says

The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.

News24 Business | Coronation resumes half-year dividend as it awaits R800m SARS dispute ruling

Coronation now says its outstanding tax obligation to SARS stands at R794 million, up from a November estimate of R761 million, as it awaits a ConCourt ruling on the matter.

News24 Business | Anglo bid: Clock ticking for BHP as deadline looms

Mining behemoth BHP must overcome major hurdles to salvage its faltering pursuit of rival Anglo American, analysts said Monday as a midweek deadline over the seismic takeover bid approaches.

National Telecom risks losing OneWeb partnership deal

State telecom enterprise National Telecom (NT) is facing a possible risk of losing a partnership deal with low earth orbit (LEO) satellite operator OneWeb to provide gateway station facilities to OneWeb's satellites as it is still uncertain when the telecom regulator will approve the related ...

IRPC bullish amid strong demand from overseas

IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.

Cazoo braces for collapse into administration as rescue deadline expires

Cazoo is expected to collapse into administration later today after a deadline to find a rescue deal expired.

Payments regulator slams Visa and Mastercard for merchant fee hikes but forgoes price caps

The UK payments regulator has found "little evidence" that fee hikes by Visa and Mastercard on retailers have majorly improved the quality of service, adding that the card giants do not face effective competition.

The Paperless Post Founders Changed How We Party

When James and Alexa Hirschfeld started Paperless Post 15 years ago, some saw its digital invitations as a fad. Instead, they have become a fixture of events and have spawned imitators.

New Scam: Towing Away Of Parked Vehicle In Police Uniform; 6 Cars Stolen In 15 Days

In a recent scam in Delhi, a 29-year-old man has been arrested for impersonating a traffic police officer and towing away expensive vehicles to sell to a scrap dealer.   

40 Flamingos Found Dead in Mumbai After Collision With Emirates Aircraft

At least 40 flamingos were found dead in the Ghatkopar area after being struck by an incoming Emirates aircraft.   

Passenger Dies After Severe Turbulence on Singapore Airlines Flight

Several others were injured on the Singapore Airlines flight, which took off from Heathrow Airport in London on Monday, the airline said.

Climate change criminal claim targets TotalEnergies and investors

Activists attempt to bring action in French courts on behalf of victims of extreme weather events

Mining industry sceptical of EU joint purchasing plan for critical minerals

Executives cast doubt on bloc’s plans to buy materials crucial to the energy transition as it did for Covid vaccines

Sensex Closes Down Nearly 53 Points In Volatile Trade Amid Weak Global Trends

The 30-share Sensex declined 52.63 points or 0.07 per cent to settle at 73,953.31. During the day, it hit a high of 74,189.19 and a low of 73,762.37.

Makara Health becomes Precision AQ

Makara Health has been renamed Precision AQ as part of a rebrand by the New York pharma marketing firm that acquired it last year.

CG Life acquires Berry & Company Public Relations

The deal is the second acquisition for CG Life this year, following the addition of Toolhouse in March.

Mike Ashley’s Frasers Group plots stake in two UK shopping centres

Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals, one of which includes a 50 per cent stake in the King’s property company as the retail behemoth looks to grow its physical estate. 

The rise and fall of 20th Century monetarism, according to one of Margaret Thatcher’s advisors

"There's not much in economics that is strictly scientific. Milton Friedman said this (monetarism) was a science and Margaret Thatcher sort of bought into that idea," Tim Lankester told City A.M.

News24 Business | Transaction Capital says SA Taxi funding runway 'down to a matter of weeks'

CEO Jonathan Jawno says support for the debt restructuring of SA Taxi and its new business plan is critical for its survival.

Tom Hayes to ask Supreme Court to consider Libor rigging appeal

Judges refuse to refer case to UK’s highest court but leave former trader with chance to clear his name

THG’s activist investor to vote against chair Charles Allen

Kelso says ecommerce group has failed to execute plans designed to lift share price

Taiwanese chip giant has ‘invasion defence’ ready

Plans are in place to disable the world’s most sophisticated chipmaking machines in the event that China invades Taiwan, according to people familiar with the matter.

1 dead, others injured after London-Singapore flight hit severe turbulence, Singapore Airlines says

Singapore Airlines says one person has died aboard a London-Singapore flight that encountered severe turbulence. The plane was diverted Tuesday to Bangkok, where emergency crews rushed to help injured passengers amid stormy weather. Singapore’s Flight SQ321 from Heathrow was diverted ...

Severe Turbulence On London-Singapore Flight; 1 Dead, 30 Injured: Reports

 A person has died aboard and others were injured when a London-Singapore flight encountered severe turbulence.  

One dead and many injured after severe turbulence on Singapore Airlines flight from London Heathrow

At least one person been killed nd many others hurt after severe turbulence hit a Singapore bound flight from London.

Ether jumps 16% on US ETF approval speculation

Cryptocurrency’s rise catches analysts by surprise after reports SEC asks issuers to refile applications

No more cute snaps of Mt Fuji. A screen is up in a Japanese town to prevent tourist crowds

A Japanese town known for some of the best views of Mount Fuji has completed construction of a large black screen on a stretch of a street to block the view and deter tourists from overcrowding the place. A particularly popular photo location was outside a Lawson convenience store, from where ...

Infected blood scandal: Compensation payments to start this year, minister says

Compensation payments to the victims and families of the infected blood scandal will begin before the end of the year, the government has confirmed.

EU reprimands Kosovo's move to close Serb bank branches over the use of the dinar currency

The European Union has reprimanded Kosovo over the unilateral closure of six branches of a Serbia-licensed bank. The EU said Tuesday that the move would negatively impact the life of the ethnic Serb minority living in northern Kosovo and damage Kosovo-Serbia normalization talks. Kosovo police ...

London judge rejects Prince Harry's bid to add allegations against Rupert Murdoch in tabloid lawsuit

A London judge says Prince Harry can't expand his privacy lawsuit against The Sun tabloid's publisher to include allegations that Rupert Murdoch and some other executives were part of an effort to conceal and destroy evidence of unlawful information gathering. Judge Timothy Fancourt said ...

Water firms ask for bill rises of between 24% and 91%

Southern Water wants to increase its bills by £436 a year, but is not expected to get approval.

Turkish Airlines resumes flights to Afghanistan nearly 3 years after the Taliban captured Kabul

Afghanistan's Taliban have confirmed the resumption of Turkish Airlines flights to Kabul’s international airport. It comes nearly three years after the carrier's services were suspended following the collapse of the Western-backed government. Afghanistan’s Ministry of Transport and Civil ...

Top 5 Features That Hyundai Grand i10 NIOS Offers But New Maruti Swift Doesn't

Grand i10 NIOS Vs Swift Features: Maruti Suzuki has recently launched the 4th-generation 2024 Swift, rivaling the Hyundai Grand i10 NIOS (Rs 5.92 lakh to Rs 8.56 lakh ex-sh).

News24 Business | Microsoft announces R1.3bn SA fund to boost black-owned businesses in deal with govt

Microsoft is set to create a fund of around R1.3 billion for future-focused skills development and black-owned businesses in South Africa in terms of an agreement with the dtic - the biggest pledge of its kind yet, says Minister Ebrahim Patel.

India on cusp of long-awaited economic take-off: RBI bulletin

Aggregate demand momentum in India is rising, with the overall non-food spending being pushed up by green shoots in rural spending recovery, the Reserve Bank of India said in its monthly bulletin on Tuesday. "Recent indicators are pointing to a quickening of the momentum of aggregate demand. ...

Grand Central: Bid for 550,000 more seats on routes between London Kings Cross and the North

Arriva Group has applied to the Office of Rail and Road to add a number of open access routes between London and the North.

Underground geothermal plant may power Ft. Bliss in Texas

Sage Geosystems will be assessing the potential of using a subterranean power storage system capturing solar and wind energy  -More- 

Subscribe to Shale SmartBrief for more news on the shale industry

2024 COS Forum, Sept. 26, Houston, Texas

Please join the Center for Offshore Safety at its Twelfth Annual COS Forum.  -More- 

Online car retailer Cazoo enters administration

As Cazoo enters administration, we look at the rise and fall of the online used car retailer.

Children top up pocket money with extra work

Doing housework and developing side hustles is helping kids top up pocket money, a report claims.

Grant Thornton cutting 350 jobs ahead of private equity sale

Grant Thornton is cutting roughly 350 employees, or around 3.5% of its US workforce, in its latest round of layoffs.  -More- 

Questions arise around AI copyright suit protections

Financial-services firms have begun to embrace generative AI platforms, but the development has raised questions over ownersh -More- 

Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump

The Biden administration says it's releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer. The sale is from storage sites in New Jersey and Maine and will be allocated in increments of 100,000 barrels ...

North Koreans use fake IDs to get remote work in US

IT companies are being duped into hiring North Koreans, who pose as Americans looking for remote work and sometimes use AI to -More- 

Now Get Mahindra Thar In New Deep Forest Green Colour Option; Check Features And Other Details

The Mahindra Thar Deep Forest Green colour option offers three engine choices. The first is a 2-litre turbo-petrol engine delivering 152 PS and 300 Nm of torque.  

Shell investors back oil major’s move to weaken climate targets

Shareholders reject resolution by activist group Follow This urging tighter goals

Scale becoming a priority in shale sector, analyst says

The US shale industry is entering a new chapter that is likely to be characterized by a greater focus on scale as companies s -More- 

Donald Trump’s Wealth Now Hinges on Trump Media

Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.

SolComms names Jacolyn Gleason first head of client services

Gleason joins SolComms after more than a decade at 5W Public Relations, most recently as SVP.

Forget looks, make the pitch deck about your business

Don't worry about images, fonts or slide titles in your pitch deck, and instead spend more time on your execution plan and ma -More- 

Marketers: AI, generative AI have highest ROI potential

Sixty percent of the marketing professionals responding to a study prepared by the CMO Council and Zeta Global Holdings Corpo -More- 

Vadream the value with rain likely to turn Haydock soft

WE WERE caught out by the ever-changeable weather last week, as the predicted rain never arrived leaving Newbury’s ground on the quick side for Lockinge Day, which was never going to be any good for our soft ground favouring selections. With the weather so tough to predict at the moment, ...

New Zealand All Blacks could MUTINY ahead of England Test series

Rugby in New Zealand is on the verge of mutiny just a month before their two-Test series against England. Leading past and current All Blacks players including Richie McCaw, Sam Whitelock and Sam Cane are signatories on an ultimatum letter from the New Zealand Rugby Players Association to the ...

Senators demand investigation into F1 as Andretti pick up Symonds

Six serving senators from the United States have said Formula 1’s refusal to accept Andretti’s bid to become the sport’s 11th team could breach American antitrust laws and are calling for an investigation. In a letter, seen by The Athletic, to the chair of the US Federal Trade Commission ...

If you're a "go it alone" kind of leader, failure looms

Lone wolf leaders are often highly creative and results-oriented, but their downfall is that they expect their team to follow -More- 

Pennon £127mn dividend draws political criticism after parasite outbreak

Move by owner of South West Water comes as companies want to raise bills by as much as 91%

Startup offers mobile EV charging for fleets

Yoshi Mobility, a startup based in Nashville, Tenn., offers mobile electric vehicle charging for commercial fleets.  -More- 

EU deems cement carbon-capture project key to climate

The European Commission has identified a cement carbon-capture project by the CCS Baltic Consortium as a project of common in -More- 

CFTC investigates greenwashing in carbon markets

The Commodity Futures Trading Commission is probing potential greenwashing in voluntary carbon markets under its Environmenta -More- 

What is in-flight turbulence, and when does it become dangerous for passengers and crews?

The death of a British man and injuries impacting dozens of other people aboard a Singapore Airlines flight have highlighted the potential dangers of flying through extreme turbulence. The exact cause of the man’s death is under investigation. Based on witness accounts and the number ...

Parent company of Trump's Truth Social posts $328 mil loss

Trump Media and Technology Group, which owns former U.S. President Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024,…

Songkhla operators push for legal casino near the border

Tourism operators in Songkhla have called on the government to consider building an entertainment complex with a legal casino in their province to address sluggish tourism in border areas and avoid overdependence on Malaysian tourists.

Government tells Britons to stockpile as part of emergency planning

As campaign urges households to stock up on tinned food and batteries, retailers warn against panic buying

New cars in California could alert drivers for breaking the speed limit

A bill before California lawmakers would require new cars sold in the state in coming years to beep a warning whenever drivers exceed the speed limit by at least 10 mph. The state Senate on Tuesday passed a bill that would require all new cars sold in the state to have such technology by 2032. ...

UK watchdog looking into Microsoft AI taking screenshots

The ICO wants to know the safeguards around Recall, which can take screengrabs of your screen every few seconds.

Petrochemical company fined more than $30 million for 2019 explosions near Houston

A Texas petrochemical company has pleaded guilty to a violation of the Clean Air Act and agreed to pay more than $30 million in connection with two explosions that injured workers and caused the evacuation of thousands. The U.S. Justice Department announced the plea on Tuesday. Two explosions ...

Cassava exports in Q1 suffer 16.4% decline

Thai exports of cassava and cassava products decreased by 16.4% year-on-year in the first quarter, as cassava chip output declined.

Sarytogan testing green lights graphite for industrial use

Sarytogan Graphite says product from its Kazakhstan project is “significantly” more superior than similar North American graphite for use as a lubricant.

Attracting the next generation of inheritors and self-made wealthy

Winning young clients is critical to future success for private banks and wealth managers

Agency campaign highlights central Thailand attractions

The Tourism Authority of Thailand (TAT) is preparing to promote the central region, with flights connecting to the South and the Northeast, targeting tourism revenue for the region of 465 billion baht this year.

Bill calling for interest rate disclosures on small business loans dies in Illinois House

FirstFT: One dead and dozens injured as Singapore Airlines flight hits ‘extreme’ turbulence

Also in today’s newsletter, Macron rushes to riot-hit New Caledonia, and AstraZeneca to build Chinese supply chain

Dealing with disinfo: Tips from top healthcare marketers

From the makers of blockbuster weight-loss drugs to women’s health advocates, pros share how they deal with bad actors at PRWeek’s Healthcare Awards+Conference.

Noel's 3 children secure 5 Tata Trusts board seats

Tata Trusts appoint Noel Tata's three children, Leah, Maya, and Neville, to boards of its philanthropic entities, symbolizing a shift to involve the millennial generation in smaller Trusts for grooming towards more substantial responsibilities. Neville is affiliated with Trent, founded by his ...

Former UK soldier charged with spying for Hong Kong found dead

Matthew Trickett was accused of assisting intelligence services in the Chinese territory

Foreign investors updated on regulations

The Department of Business Development invited diplomats and representatives of international organisations in Thailand to attend a briefing on foreign investment under the Foreign Business Act (FBA) of 1999.

CalPERS to vote against all candidates for Exxon board

Citing ExxonMobil's lawsuit against activist investors, the California Public Employees' Retirement System said it plans to t -More- 

Indians spend record $31.7 billion abroad in FY24, 17% rise in year

Microplastics slow descent of carbon-sequestering phytoplankton

Phytoplankton, which plays a role in sequestering carbon when they turn into "marine snow" after they die, become more buoyan -More- 

Banking sector NPLs edge up in Q1

The Bank of Thailand reported higher non-performing loans (NPLs) for the banking industry in the first quarter this year, attributed to all types of loan products amid an uneven economic recovery.

Mauricio Pochettino exits Chelsea Football Club

US owners part ways with third manager in two years since buying Premier League team from Roman Abramovich

Olympics and Taylor Swift scams fuel 2024 fraud

Money lost to fraud fell last year, but purchase and romance scams are on the rise.

Federal jury rules against couple who sued Arkansas steakhouse over social-distancing brawl

A federal jury has ruled against a Black couple who sued a Little Rock steakhouse over a fight the couple had with white customers who weren't wearing masks and stood too close during the COVID-19 pandemic. The jury on Monday found no negligence or racial discrimination by Saltgrass Steakhouse, ...

Government announce Anglesey as preferred site of new nuclear power station

Wylfa in North Wales is the preferred site for a major new nuclear power development, the government has announced.

Tata Steel: Labour demands urgent support for workers facing redundancies

Labour is calling for the government to take urgent action to cover thousands of workers facing redundancy at the country’s biggest steel plant.

UBE reaps benefits from new strategy

Ubon Bio Ethanol Plc (UBE), an integrated tapioca player with core products of ethanol, tapioca starch and cassava flour, and other agricultural products, revealed its success in implementing its "UBEYOND" strategy.

Triple threat: Train like a world-class triathlete for the new London T100

Inside the mind of one of the world’s top-ranking triathletes, Emma Pallant-Browne, ahead of the Professional Triathletes Organisation’s new London T100 Triathlon.

Does Manchester City prove you can buy success?

Manchester City's fourth consecutive Premiership victory is just one example of the concentration of success in football among a few clubs

Sour Patch Kids Oreos? Peeps Pepsi? What's behind the weird flavors popping up on store shelves

Van Leeuwen Ice Cream usually draws customers with gourmet takes on classics like vanilla and pistachio. But occasionally, the artisanal ice cream maker headquartered in New York slips…

Donald Trump's campaign says it will begin accepting contributions through cryptocurrency

Donald Trump’s presidential campaign will begin accepting donations in cryptocurrency, the presumptive Republican presidential nominee’s campaign says. The Trump campaign launched a fundraising page Tuesday that allows “any federally permissible donor the ability to give” to its ...

Various factors hurt Tasco's Q1 earnings

The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

Adani suspected of fraud by selling low-grade coal as high-value fuel

Indian conglomerate rejects accusations of inflating prices in transactions with state utility

Heavy storms and prolonged rainfall on the rise in UK and Ireland, study shows

Farmers nurse losses of £1bn after climate change triggers floods and devastates crops

US stocks hit record high as volatility hovers near pre-pandemic low

Temasek’s venture capital arm to launch first Japan-focused fund

Singapore’s Vertex group plans to raise $65mn to invest in software and ‘deep tech’ start-ups

The sum of all fears: number-phobia is holding Britain back

One in three people say numbers make them feel anxious. That’s damaging their financial well-being and the nation’s prospects for economic growth. So this National Numeracy Day, let’s celebrate numbers, says Bina Mehta For far too many people, the mere prospect of ‘doing maths’ evokes ...

Japan racks up trade deficit as imports balloon due to cheap yen

Japan’s trade deficit in April grew nearly 8% from a year earlier as the weak yen boosted the cost of imports, offsetting a jump in exports. Ministry of Finance data show Japan’s exports rose 8% in April to nearly 9 trillion yen, or $57 billion, while imports totaled just over 9 trillion ...

Stock market today: BSE Sensex opens 100 points up; Nifty50 near 22,530

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. BSE Sensex moved up over 100 points and Nifty50 was above 22,530.

UniCredit chief Orcel backs French president’s call for bank deals

Executives at European lenders have long called for consolidation to compete with US and Asia rivals

US retailers trim prices as shoppers show signs of inflation fatigue

Analysts see Target and Walmart setting a new tone for the sector after years of increases

Crown Estate to turn Oxford Debenhams store into science lab

Monarch’s property portfolio to invest £1.5bn in innovation and technology sector to help UK hold on to start-ups

Why auditors are missing red flags

After numerous scandals, regulators say it’s the auditors who need to be examined more closely

South Africa blackout crisis is ‘fixed’, says Eskom

Chair of state-owned utility makes claim about frequent outages days ahead of crucial vote for ruling ANC

Starwood’s woes betray the frailties of private capital vehicles

Spike in interest rates and office values crashing means property funds have rattled antsy holders

Traders brace for big swings in Nvidia shares

Chipmaker’s first-quarter results seen as crucial to direction of wider markets

Reality checks await investors enjoying Mexico’s party

Bankers and companies are optimistic but there are some critical areas of concern

PwC faces crisis in China over audit of failed property giant Evergrande

Role in approving failed property giant’s accounts has led to infighting at the firm as clients reconsider relationship

Digital Gold Vs Physical Gold Debate: 7 Points That Consumer Can Consider, Says Expert

Nischay AG, Co-founder and CEO, Jar has given out 7 arguments that make digital gold a more lucrative purchase option.

Who Is Nikesh Arora? Born In India, He Is The 2nd Highest Paid CEO In US

A total of 17 Indian-descent CEOs are in the top 500 rankings, according to an analysis published by The Wall Street Journal on Tuesday.

Paytm Q4 results: Fintech major’s losses widen to Rs 550 crore

Paytm reported increased losses in Q4 FY24 due to disruptions like UPI transition and PPBL products. The company's revenue from operations also experienced a 3% year-on-year decline.

FSSAI Finds No Trace Of Ethylene Oxide In Indian Spices From MDH, Everest Brands

According to the analysis report, the extensive testing found no traces of ethylene oxide (ETO) in the samples collected from several states.