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MP Mark Menzies loses Tory whip as party investigates claims he misused funds

Tory MP Mark Menzies has lost the Conservative whip while the party investigates claims he misused campaign funds.

A big event is about to happen in the world of bitcoin: It's called the halving

Bitcoin could soon be turbocharged, thanks to an event that happens every four years.I n broad terms, the halving effectively reduces the supply of new bitcoins.

Google Fires 28 Employees Who Protested an Israeli Cloud Contract

The dismissals escalated longstanding tensions between company leaders and activist employees opposed to supplying technology to Israel’s government.

Global future will not be driven by big tech but by India's DPI: Kant

Amitabh Kant emphasizes India's DPI will drive global future, urging investments in startups, self-regulation over government intervention, and a focus on manufacturing for job creation through the Make in India initiative.

European Union official urges G7 to step up air defense for Ukraine and expand Iran sanctions

The European Union’s top diplomat is urging the Group of Seven to take quick and concrete steps to provide more air defense systems to Ukraine. EU foreign policy chief Josep Borrell warned Thursday that continued delays could tilt the war in Moscow’s favor. Borrell was speaking on the ...

Costa Coffee win helps digital agency Idhl grow ahead of US expansion

Idhl, a digital agency backed by the owner of Burger King's UK arm and Hobbycraft, has said winning new clients such as Costa Coffee helped its revenue edge closer to £40m during 2023.

Feud: Capote Vs The Swans on Disney+ is cracking TV

Capote Vs The Swans is a heightened take on cultural moment though it may infuriate those who prefer Capote’s talents as a writer

7 fascinating Earth Day 2024 events to book in London

Earth Day takes place on 22 April. Here are 7 fascinating events to book

Insolvency expert Manolete Partners reports revenue growth as higher interest rates bite

Manolete Partners, the insolvency litigation financing company, overall revenue jumped by 26 per cent, as the business benefits from uplift of the temporary suppression of insolvencies.

Lendinvest: Property fintech ‘cautiously optimistic’ for return to profitability in 2025

Property fintech LendInvest has said it expects to report full-year results in line with market expectations and is "cautiously optimistic" for a return to profitability in 2025, as the mortgage market rebounds.

Cathie Wood’s ARK expands to Europe despite poor performance

Cathie Wood’s ARK has expanded to Europe, launching its first exchange traded funds on the London Stock Exchange. An analysis by Morningstar earlier this year found that ARK had destroyed $14bn in wealth over the past decade, topping the list of wealth destroyers among investment companies. ...

Tesla to release 300 temporary workers in Germany

Tesla has announced the release of 300 temporary workers in Germany as part of its global workforce reduction efforts. The company clarified that these are not layoffs but part of the contractual agreements. Most of the workers have been successfully relocated to new positions with other clients.

Ministers kick off search for new football referee

Ministers are to kick off a search for the inaugural chair of the new football watchdog, even as it faces growing hints of opposition to its establishment from the Premier League.

How a union for 60,000 steel workers became a force in US politics

The USW has inserted itself into the election, US-China relations and a $14.9bn cross-border deal

TSMC plans to charge customers more for chips made outside Taiwan

World’s largest chipmaker says ‘incremental cost’ of setting up plants abroad should be shared

Keystone Law: Revenue hits nearly £90m after taking on 50 new senior lawyers

Keystone Law has recorded a strong double-digit growth in both revenue and profit over the last financial year, as the listed London firm recruited over 50 new principals.

Blackstone warns that private equity cannot return capital ‘overnight’

Industry sitting on record amounts of unsold assets that will take time to sell even as M&A market returns to life

News24 Business | Discovery Life pays over R10bn to clients in 2023 as Covid-19 hits recede

More than half of Discovery Life’s individual life claims payouts in 2023 were for ancillary benefits.

Two senior women leave BP in first major shake-up since Looney’s exit

Departures reduce the number of women on leadership team at oil major

Ladbible owner LBG Media is eyeing more deals after US success

LBG has a number of different strategic focuses, including growing and building its audience base across platforms in the UK and US.

'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

European Union leaders are debating at a summit in Brussels a new “European Competitiveness Deal” aimed at helping the 27-nation bloc close the gap with Chinese and American rivals. In a volatile geopolitical landscape redefined by the ongoing war between Russia and Ukraine and increasing ...

Bengaluru’s ‘costliest ever’ real estate deal? Quess Corp MD Ajit Isaac buys plot on 'Billionaire Street' for Rs 67.5 crore

Ajit Isaac's groundbreaking real estate acquisition in Koramangala's Billionaire Street sets a new price record in Bengaluru. Quess Corp.'s success in business services is evident across 644 locations in India and beyond.

Nestle sugar controversy: Nestle India shares see worst day in 3 years, drop 5%

Shares of Nestle India dropped by 5.4% due to controversy over adding sugar to baby food products sold in India but not in Europe and UK. The revelation came to light when "Public Eye," a Swiss investigative organization, and IBFAN (International Baby Food Action Network) sent samples ...

City group calls for scrutiny of UK regulators’ impact on competitiveness against international peers

Greater comparison of the UK's financial regulators to their international counterparts is needed to better evaluate their secondary objective for competitiveness and growth, a top City body has argued.

Klopp needs fireworks against Atalanta to prevent farewell becoming damp squib

Having suffered a shock 3-0 defeat to the Italians at Anfield, they require another resurrection.

Whalar Group appoints Neil Waller and James Street as co-CEOs

The duo will lead six business pillars and attempt to win more creative, not just creator, briefs with the hire of Christoph Becker as chief creative officer.

Coventry Building Society agrees terms to buy Co-op Bank for £780m

Coventry Building Society has agreed terms to buy The Co-operative Bank for £780m as a wave of consolidation sweeps through the mid-sized banking sector.

Congress Ramps Up the Pressure on TikTok

A legislative maneuver in the House may help an effort to force the divestment of the video platform by its Chinese owner, which would squeeze U.S. investors.

UK inflation falls as some food prices drop

New official figures show that inflation, the rate at which prices rise over time, fell again in March.

UK proposes crackdown on foreign security risks to university sector

Deputy PM says government will examine new curbs around technology sharing and call in vice-chancellors

Dubai airport continues to struggle amid travel chaos after the storm

World’s busiest international airport saw airlines cancel more than 1,000 flights since Tuesday

'Sesame Street' writers authorize a strike if they don't reach a contract by Friday

Writers for the children's program want better residuals and annual raises, and for auxiliary works, such as social media segments, to be covered by union benefits. Their contract expires Friday.

BAAC union queries lending capacity

The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.

UK car insurance prices fall for first time in two years

Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year ago

Spanish beauty group Puig aims for €14bn IPO

Family-owned company looking to sell up to 24% of its share capital

Infosys Profit Jumps 30 Per Cent To Rs 7,969 Crore In Q4

During the financial year ended March 2024, net profit increased by 8.9 per cent to Rs 26,233 crore from Rs 24,095 crore recorded in FY23.

EasyJet targets another bumper summer of record profits

Low-cost airline confident about delivering strong performance as Middle East conflict fails to dent demand

New ant species named for the one who must not be named

A new ant species discovered in Australia has been dubbed Leptanilla voldemort in a tribute to "the antagonist in the Harry P -More- 

Breakfast Briefing: 5 things for PR pros to know on Thursday morning

PRWeek’s Crisis Comms Conference is today; The Shipyard acquires Fahlgren Mortine.

As earnings season rolls into its heart, hopes rise for broader gains

Last year, a handful of Big Tech stocks were behind much of corporate America’s profit growth. Now, as the heart of earnings reporting season arrives on Wall Street, the hope is that profit growth will broaden out to a wider range of companies. Give credit to the remarkably resilient U.S. ...

Edelman Global Advisory CEO Deborah Lehr exits

Aaron Guiterman also rejoins Edelman Global Advisory as head of US public affairs from BCW.

Beyond Watches and Wonders: The latest in the world of watches

From Japanese anime to Elton John, here are all the latest happenings in the world of watches in the wake of the year's Watches and Wonders showcase.

Badenoch accuses FCA of ‘overreach’ with diversity rules

Kemi Badenoch has accused the Financial Conduct Authority of regulatory “overreach” on diversity and inclusion after the watchdog outlined plans to boost representation in the City.

News24 Business | SEE | Massive solar venture in Northern Cape: 1 million panels and bigger than 1 500 soccer fields

Spanning 1 500 soccer fields, a world-class hybrid solar PV and battery storage facility developed by Scatec has been unveiled in the Northern Cape.

News24 Business | Nestlé adds sugar to baby food in SA and poorer nations, but not in rich ones, probe finds

Nestlé is accused of violating health guidance by selling baby food with added sugar in low and middle-income countries, including South Africa, while selling sugar-free alternatives with the same name and branding in Western markets.

Google fires 28 workers after office sit-ins to protest cloud contract with Israel

Google has fired 28 employees who were involved in protests over the tech company’s cloud computing contract with the Israeli government. The workers held sit-ins at the company’s offices in California and New York over Google’s $1.2 billion contract to provide custom tools for ...

Investors buy in on 20-year Treasury auction

The latest auction of the 20-year Treasury bond drew a yield of 4.818%, over 2 basis points less than the yield in preauction -More- 

Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising

The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied U.S. homes fell 4.3% in March from the previous month to a seasonally adjusted annual rate of 4.19 million, the National Association ...

The number of Americans applying for jobless benefits holds steady as labor market remains strong

The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off. The Labor Department reported Thursday that unemployment claims for the week ending April 13 were unchanged from the previous ...

EY warns UK partners of potential profit slide

Hundreds of UK partners at EY, the big four accountancy firm, have been warned of a potential slide in profits this year amid a wider slowdown in the professional services sector.

Interest rates and the green economy: The carbon cost of higher for longer

The high capital intensity and low returns on green projects make them particularly vulnerable to high rates. 

PwC to reverse controversial US tax split

Incoming US senior partner Paul Griggs plans to reunify tax division, dismantling predecessor’s model

Millions of Girls in Africa Will Miss HPV Shots After Merck Production Problem

The company has told countries that it can supply only 18.8 million of the 29.6 million doses it was contracted to deliver this year.

More startups raising down rounds in the late stages

Of the 15 startups that raised Series E or F rounds this year, 10 raised less in their subsequent round, according to Crunchb -More- 

Starbucks is introducing a cold drink cup made with less plastic

Booming sales of cold drinks at Starbucks stores have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are served in. Starbucks said on Thursday that it plans to alleviate some of that waste with new ...

Startups aim to work with industry in net-zero push

The Global Cement and Concrete Association's Innovandi Open Challenge has drawn applications from almost 100 startups worldwi -More- 

UK police say they disrupted cyber fraud network that stole personal data from thousands

Police in London say they have infiltrated and disrupted a website that allowed international cyber fraudsters to trick up to 70,000 British victims into revealing personal information such as bank account details and passwords. Metropolitan police said Thursday that they seized the LabHost ...

The secrets to building a quality startup team

Startups looking to recruit a quality team need to find individuals with various technical prowess and creativity, writes Ul -More- 

Infosys Profit Jumps 30% To Rs 7,969 Crore In Q4

The company expects a revenue growth of 1-3 percent in constant currency for FY25 and an operating margin of 20-22 percent.

Must-avoid mistakes when fundraising

Startups need to spend more time figuring out the funding source that works for their business model before raising funding,  -More- 

Hipgnosis Agrees to $1.4 Billion Deal to Sell to Concord

Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt.

Study: Female founders don't lack confidence

Female founders don't lack confidence when starting a business and are just as confident in their skills as men, according to -More- 

‘Explain why Australians are paying more’: Multinationals to face supermarket inquiry

The Senate inquiry into supermarket prices was supposed to have wrapped up this week, but it is now gearing up to potentially put the likes of Nestlé and Coca-Cola through their paces.

Ex-Citi VP in Chicago Helen Caldwell ripped by judge for swindling elderly clients, gets 30 months in prison

Venture funding holds up in Arizona in Q1

Arizona startups received $273.9 million of venture capital investment in this year's first quarter, according to a report fr -More- 

US LNG a cleaner choice for Europe, Asia than alternatives

A new report commissioned by LNG Allies and the American Exploration & Production Council highlights the environmental benefi -More- 

AI startup Tome pivots, makes layoffs

Generative AI presentation startup Tome is laying off 20% of employees to focus on customers that pay, says CEO Keith Peiris. -More- 

Gibson pins growth hopes on US oil export opportunities

Canada's Gibson Energy expects heightened profitability for its South Texas Gateway Terminal, which it acquired last year for -More- 

US dollar shock: How India is better prepared among emerging markets

Over 400 Stonegate pubs in London risk closure, GMB claims

Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.  

OPEC output remains flexible as oil prices jump

The prospect of oil going up to $100 per barrel has increased as conflict continues in the Middle East, but investors expect  -More- 

M&A deals up 27% despite higher rates

Mergers and acquisitions are accelerating as investment banks advise clients to accept the high cost of funding.  -More- 

Associated gas boom hurting gas-focused producers

Surging associated gas production from oil-rich regions like the Permian Basin and Bakken Shale, alongside low gas prices, is -More- 

IRA's role in transition draws scrutiny at BNEF Summit

The US directed $303 billion toward the energy transition in 2023 largely through Inflation Reduction Act incentives, but the -More- 

A breakdown of proposed data breach reporting rules

The Cybersecurity and Infrastructure Security Agency last month advanced a proposal for a new data breach reporting mechanism -More- 

EIA: Permian to fuel US shale output growth in May

The Energy Information Administration expects US oil production from major shale regions to rise by more than 16,000 barrels  -More- 

SFO strategy details new pilot programme – but leaves some questions unanswered

The UK’s Serious Fraud Office (SFO) has vowed to push ahead with its plan to pay rewards to whistleblowers and develop a new “pilot programme” to thwart fraud, bribery and corruption, according to its new strategy published today. 

RBI Imposes Monetary Penalties On Four Co-operative Banks

The penalty on Rajkot Nagarik Sahakari Bank was imposed for granting loans to companies in which the bank's directors held interests.

Daisy Ridley film Sometimes I Think About Dying flatlines

Daisy Ridley’s mannered performance in Sometimes I Think About Dying can’t save a movie that never quite gets off the ground. 

NSE To Launch Derivatives On Nifty Next 50 Index Starting April 24

The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.

Edelman Trust Barometer finds fear of politics in health is rising

The study found that 64% of participants worry equally about the issue alongside healthcare affordability and a subsequent pandemic.

Red Bull in talks with Carlos Sainz over 2025 seat, but Audi linger

Red Bull Formula 1 team have held discussions with Carlos Sainz over a potential spot on their team in 2025. Ferrari disposed of Spaniard Sainz to make room for the incoming Lewis Hamilton. But Red Bull director Helmut Marko has confirmed his side has spoken to Sainz. “We are talking ...

The AI race is generating a dual reality

US tech giants may dominate but they won’t have it all their own way

Next Practices Group invests in London agency and targets more

A US-based investor in data and tech specialist comms firms, Next Practices Group, has taken a stake in London agency Williams Nicolson – its first investment outside North America.

Croatia's conservative PM convinced his party will soon form a new majority after inconclusive vote

Croatia’s ruling conservatives says that talks are already underway on the formation of a new governing majority following a highly contested parliamentary election that saw a far-right party emerge as a potential kingmaker. Prime Minister Andrej Plenković is the leader of the Croatian ...

Force Gurkha 5-Door SUV's Interior Teaser May Leave You Awestruck: Watch

According to the teaser Force Gurkha 5-Door will feature storage space with a lid above the larger touchscreen infotainment system of a 7.0-inch unit.

Amundi heads west in bid to be Europe’s BlackRock

Victory Capital deal will nearly triple US assets under management

How AI is shaking up business travel – and how it involves you

From booking flights to creating itineraries, AI (artificial intelligence) is already changing the face of the work trip, says Jenny Southan

Coyotes officially leaving Arizona for Salt Lake City following approval of sale to Utah Jazz owners

The Arizona Coyotes are officially headed to Salt Lake City. The NHL Board of Governors voted Thursday to approve a $1.2 billion sale from Alex Meruelo to Utah Jazz owner Ryan Smith, clearing the way for the franchise’s move to Utah next season. The deal includes a provision for Arizona ...

Lagarde warns on using Russian assets to fund Ukraine

US-backed proposals to use over €260 billion in frozen Russian assets to fund Ukraine's war effort risk breaking interna -More- 

Volatility-linked funds join US stock sell-off

Volatility-linked funds have become embroiled in the US stock sell-off, which could worsen if market volatility continues.  -More- 

Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges

Atlantic City Mayor Marty Small says he remains committed to his family and to his city as he deals with charges that he and his wife abused their teenage daughter. In his first public comments since prosecutors on Monday charged him and his wife, LaQuetta, the city’s superintendent ...

Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps

Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new technology, powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.

Partners at EY informed to expect a drop in their pay packet

One of the Big Four firms has been warned that profits could fall by 15 per cent this year due to the slowdown in the market.

How a Crypto Compliance Officer Ended Up in a Nigerian Prison

Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned.

Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users

Generative AI is advancing so quickly that the latest chatbots available today could be out of date tomorrow. Google, Meta Platforms and OpenAI, along with startups such as Anthropic, Cohere and France’s Mistral, have been churning out new AI language models and hoping to persuade customers ...

Ally Financial, CSX rise; Equifax, Synovus Financial fall, Thursday, 4/18/2024

Stocks that are trading heavily or have substantial price changes on Thursday: Ally Financial, CSX rise; Equifax, Synovus Financial fall

News24 Business | Transnet ordered to release confidential information to Sasol amid tariff disputes

Transnet must hand over a raft of documents amid a court case it launched against Sasol and TotalEnergies over their short payment of pipeline tariffs.

Workers at Mercedes factories near Tuscaloosa, Alabama, to vote in May on United Auto Workers union

Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union. The National Labor Relations Board said Thursday that the vote will take place from May 13 to May 17 at the facilities in Vance and ...

News24 Business | South Africa to keep anti-dumping duties on chicken imports from US

Trade minister Ebrahim Patel approved a recommendation to maintain anti-dumping duties on frozen bone-in chicken portions originating in or imported from the US.

DNA Exclusive: How Nestle's Cerelac Is Playing With Health Of Indian Babies

Nestle Cerelac does not make your child healthy; it makes them sick, claimed a report.

Star chef adds 35sqm laneway to multimillion restaurant property empire

Restaurateur Chris Lucas is building up a tidy property portfolio to underpin his hospitality empire.

CFTC's Behnam hopeful for modifications to Basel III endgame

Commodity Futures Trading Commission Chair Rostin Behnam has said he hopes regulators will modify the Basel III endgame propo -More- 

Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming

Atlantic City casinos are bracing for new threats from as many as three new casinos in or near New York City. And the possibility of a northern New Jersey casino in the Meadowlands remains, according to the owner of a racetrack where it would be built. At a gambling industry conference ...

EU to vote on joint deposit protection proposal

European Parliament lawmakers are set to vote on a draft report on how to create joint deposit protection across the bloc.  -More- 

CVC expresses interest in EY’s Italian consulting arm

Preliminary approach underscores private equity’s interest in professional services

China reiterates commitment to steadying yuan

The People's Bank of China has reiterated its commitment to steadying the yuan as concern rises about weakening Asian currenc -More- 

Speak up when your boss pigeonholes you in a role

We all change and grow over time, but often our colleagues may have us pigeonholed in old paradigms that can hold us back in  -More- 

Program topics announced for SIFMA's 2024 D&I Leadership Summit, June 11-12

SIFMA's 2024 Diversity & Inclusion Leadership Summit is back in New York City for two days of programming and networking.  -More- 

Sales presentations with no surprises are winners

Sometimes closing the deal relies on no surprises popping up during sales presentations, writes Trey Morris, vice president a -More- 

Coventry Building Society agrees £780mn merger with Co-op Bank

A deal would see the private-equity controlled lender eventually return to mutual ownership

How Crunchbase helps the parents who work there

Crunchbase supports its working parents by offering up to 14 weeks of paid time off, allowing employees to customize their wo -More- 

Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up

Facebook parent claims new Llama 3 takes a fresh step towards human-level intelligence

Fed officials remain cautious on rate-cut pace

Federal Reserve Bank of Cleveland President Loretta Mester has emphasized a need for patience in monetary policy, expressing  -More- 

A silly false advertising lawsuit was settled

Is it weird that a film studio would release a trailer that features a well-known actress and then cut all the scenes featuri -More- 

Why the Bank of England might be wary of cutting interest rates before the Fed 

The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.

Chinese Exports Are Threatening Biden’s Industrial Agenda

The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.

Thames Water lenders face losses of up to 40% in event of nationalisation

Government contingency plans could see bulk of debt taken on by state with utility split in two

Thursday evening news briefing: Labour destroyed documents that could have revealed Rayner’s living arrangements

Police bust cyber gang accused of worldwide fraud

Police took down the international scam on Tuesday and say there could be up to 70,000 UK victims.

Liquor sales in movie theaters, to-go sales of cocktails included in New York budget agreement

New York would expand access to booze under a series of measures unveiled on Thursday as part of a larger state budget agreement. Movie theaters in New York are only allowed to sell beer and wine, but this new legislation would add liquor to the mix. New Yorkers would also be allowed to buy ...

Shares of Walmart-backed Ibotta soar 23% on public debut

Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 23% in its Wall Street debut on the New York Stock Exchange. The stock, which is listed under the ticker “IBTA,” opened for trading ...

EU proposes youth mobility agreement with UK to help youngsters travel, work and live in both areas

The European Commission is proposing to open negotiations with the United Kingdom to allow young people to move freely, work and study in both regions after Brexit — the U.K.’s departure from the EU four years ago. According to the EU, the withdrawal of the United Kingdom from the ...

Missouri lawmakers back big expansion of low-interest loans amid growing demand for state aid

Persistently high interest rates have led Missouri lawmakers to significantly expand a state loan program for farmers and small businesses. Lawmakers gave final approval Thursday to a bill that raises the amount of state funds available to support low-interest loans. The Missouri legislation ...

Legislation that could force a TikTok ban revived as part of House foreign aid package

Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a major boost as House Republicans included it in a package of bills that would send U.S. aid to Ukraine and Israel. The bill could be law as soon as next week if Congress moves quickly. The TikTok bill ...

Private equity gears up for potential National Football League investments

NFL-only funds are being set up in anticipation of potential rules that will govern institutional money in the sport

Sharemarket set for soft start amid interest rate uncertainty

The Australian share market is headed for a weak start after US stocks fell in choppy trading,

Chick-fil-A stops employee from making popular review videos

Social media experts, including influencer James Charles, say this is a missed opportunity for the chain.

The wretched stages of writing a book, which nobody should do

Ever tried writing a book? Don’t bother, it’s an endless cycle of self-doubt and recrimination. But do buy my new one, Four Stars

Netflix Added More Than 9 Million Subscribers in First Quarter

The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.

LVMH accounts for bigger share of French exports than agricultural sector

Company’s products sold abroad last year totalled €23.5bn, underscoring importance of country’s luxury sector

Countdown Is On for the Bitcoin ‘Halving’

Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.

US firms boost cash positions to capitalize on high rates

US firms are rapidly increasing their cash reserves, a trend not seen since the pandemic's onset when companies were setting  -More- 

The corporate world needs to collaborate on cyber risk

As threats morph, the cultural objections to working with the government must change too

BHP told to hand over executives’ employment details in Brazil dam disaster litigation

Claimants hope to bolster their case that managers were incentivised to push for cost cuts that contributed to the tragedy

Average long-term US mortgage rate climbs above 7% to highest level since late November

Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months. The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said ...

Jefferies seeking $4M in "breakup" fee from former hire

Jefferies Financial Group is seeking to collect a $4 million "breakup fee" from former hire Dean Decker to whom the company p -More- 

An election manifesto for the NHS — and a healthy economy

A population equivalent in size to Greater Manchester is not working due to ill health, at a huge and avoidable cost

CIOs consider if skills-based hiring is worth it

When Massachusetts issued a skills-based hiring policy this year, the CIO was ahead of the curve, having already implemented  -More- 

Crypto regulation must not prioritise memes over matter

Lack of clarity in the industry is causing confusion among entrepreneurs

Why employers should prioritize new health options

Employers that focus on only a few health and wellness options during open enrollment will save money, reduce confusion and s -More- 

'What in the Black Mirror is this?': Meta's AI tells Facebook user it has disabled, gifted child

Facebook's AI has told a user it has a disabled child that was part of a New York gifted and talented programme.

Music majors can be great employees

A new study has revealed that musicians often bring exemplary skills to the workplace ...  -More- 

CVC eyes EY’s Italian consulting arm

The preliminary approach underscores private equity’s interest in professional services

U.S. Mortgage Rates Jump Above 7% for the First Time This Year

Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.

Biden administration moves to make conservation an equal to industry on US lands

The Biden administration is moving to let conservationists lease government land for restoration. It's part of an effort to make conservation an “equal” to other uses of public lands such as drilling and livestock grazing. Republican lawmakers contend the changes are a backdoor to excluding ...

Fed: Many areas showing "slight or modest" growth

Out of 12 districts around the country, all but two showed "either slight or modest economic growth" from late February to ea -More- 

Netflix profits surge after password-sharing crackdown

Streaming pioneer says it will stop disclosing subscriber numbers and shift focus to engagement

S&P 500 on longest losing streak since start of 2024

The S&P 500 fell 0.6% Wednesday, marking the fourth straight losing session and giving the index the longest losing streak si -More- 

Are revenue management platforms enabling price fixing?

Revenue management systems have become essential tools for companies in service and perishable goods markets to optimize thei -More- 

Convenience store chain where Biden bought snacks while campaigning hit with discrimination lawsuit

A convenience store chain where President Joe Biden stopped for snacks this week while campaigning in Pennsylvania has been hit with a lawsuit by federal officials. The Equal Employment Opportunity Commission says Sheetz Inc. discriminated against Black, Native American and multiracial job ...

The pandemic pumped up productivity. Then the bubble burst

Here’s how we’re tracking now, and why putting in more work isn’t the answer.

We’ve been told we need to work from the office full-time. Why?

A blanket everyone-back-to-work policy is rarely a judicious move, especially when so many employees are content with the existing policy.

Most HR leaders aim to use AI, survey finds

An Elevate survey found 70% of US and Canadian HR leaders are ready to use AI for HR functions, with 40% focusing on the tech -More- 

Why you need some "Debbie Downers" to rein in optimists

Too much positivity in business in the form of "Usula Upbeat" type employees who engage in wishful thinking can make leaders  -More- 

Initial jobless claims remain at 212K

The number of Americans filing new unemployment claims was flat at 212,000 last week, pointing to job market strength despite -More- 

Molson Coors comms head Adam Collins on navigating the first moments of a crisis

Attendees at PRWeek’s Crisis Comms Conference were presented with a crisis scenario and asked how they would handle it.

Infosys' Full-year Employee Strength Drops For 1st Time In 23 Years

The full financial year headcount was 317,240 -- a 7.5 per cent decrease from the previous fiscal year.

First major attempts to regulate AI face headwinds from all sides

A group of lawmakers from six states have worked on the first major proposals to reign in AI discrimination. But those bills face blistering headwinds from every direction. Lawmakers in Colorado, Texas and Connecticut among others are coming together Thursday to argue the case for their ...

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Netflix gained another 9.3 million subscribers to start the year while its still-emerging expansion into advertising helped produce financial results that exceeded analysts’ estimates. The performance demonstrated that Netflix is still building on its momentum of last year. That was when ...

San Francisco sues Oakland over new airport name that includes 'San Francisco'

San Francisco has sued Oakland after officials there voted in favor of changing the name of the city’s airport to San Francisco Bay Oakland International Airport. San Francisco officials say the change will cause confusion and is already affecting its airport financially. Last week, the Board ...

Trader Joe's recalls basil linked to 12 salmonella infections in 7 states

The Food and Drug Administration warns Trader Joe's customers in dozens of states to throw out fresh basil after a federal investigation linked the product to a salmonella outbreak.

At 1.4%, Infosys sees lowest growth in its 43-year history

Infosys reported its lowest annual revenue growth of 1.4% for FY23-24, with shares dropping 5% on NYSE. Revenue forecast for FY25 is 1-3%, affected by macro-economic uncertainties like US Fed rate cuts and lower discretionary spending.

Google fires 28 workers who protested selling technology to Israel

Employees staged sit-ins at Google's offices this week demanding the company stop selling its technology to the Israeli government. Google then fired more than two dozen of these workers.

India ready to tackle impact of Iran-Israel conflict: FM Nirmala Sitharaman

India monitors Iran-Israel conflict's impact, ready to safeguard economy. Sitharaman proactive in India's interest, monitoring oil prices and import bill. Importing oil from Russia as precaution.

Warren-Khanna bill would ban trading of water futures

Two US legislators -- Elizabeth Warren, D-Mass., in the Senate and Ro Khanna, D-Calif., in the House -- plan to introduce bil -More- 

Study: Annual climate-change losses to hit $38T by 2049

Global economic losses from climate change could total $38 trillion per year by 2049, with a disproportionate impact on count -More- 

Civilian interrogator defends work at Abu Ghraib, tells jury he was promoted

A civilian interrogator who worked 20 years ago at the infamous Abu Ghraib prison in Iraq told jurors in Virginia that he never abused detainees and was actually promoted for doing a good job. Steven Stefanowicz worked for military contractor CACI when he was assigned to Abu Ghraib in 2003 and ...

US welcomes almost 600 EV fast-charging stations in Q1

During the first quarter, nearly 600 fast-charging stations for electric vehicles came online in the US, bringing the total n -More- 

What's inside the $95 billion House package focused on aiding Ukraine and Israel

Speaker Mike Johnson has unveiled a long-awaited package of bills that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza. The package totals $95.3 billion in spending, which matches what the Senate passed ...

Calif. water board to monitor groundwater use in ag hub

The State Water Resources Control Board on Tuesday voted unanimously in favor of monitoring groundwater pumping in the San Jo -More- 

How major US stock indexes fared Thursday, 4/18/2024

U.S. stock indexes drifted to a mixed close following more reports showing the economy remains stronger than expected. The S&P 500 index fell 0.2% Thursday. The slight dip sent it to a fifth straight loss for its longest such streak since October. The Dow Jones Industrial Average edged up by ...

Infographic: Untapped potential of geothermal heat pumps

Major cost savings paired with zero carbon emissions are possible with national-scale deployment of geothermal heat pumps for -More- 

Rural Texas towns report cyberattacks that caused one water system to overflow

A hack that caused a small Texas town’s water system to overflow in January has been linked to a shadowy Russian hacktivist group. It is the latest case of a U.S. public utility becoming a target of foreign cyberattacks. The attack was one of three on small towns in the rural Texas Panhandle ...

Scotland walks back "out of reach" 2030 climate goals

Scotland has ditched plans to bring greenhouse gas emissions down by 75% from 1990 levels by 2030, citing concerns about the  -More- 

Starbucks introducing cold drink cup made with less plastic

Booming sales of cold drinks at Starbucks have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced…

Inside the epic fight over new banking regulations

After the financial crisis of 2008, regulators around the world agreed banks should have more of a cushion to weather hard times. Now, U.S. regulators are once again looking to update minimum capital requirements through a set of proposals called Basel III Endgame. Today, on the show, ...

Textile exports down for second year in FY24

India's textile exports declined to $34.4 billion in FY24 due to geopolitical issues. The sector saw a $740 million YoY increase, with North America leading at $11 billion. Europe followed, indicating challenges and potential for growth in the industry.

Netflix adds 9.3 million new subscribers, beats expectations

Netflix reported 9.3 million new subscribers this year and now claims a total audience of over half a billion. The company has tried to maximize revenues by cutting down on account sharing and introducing advertisements.

Infosys returns 1.1 lakh crore to shareholders in 5 fiscal years

Infosys returned Rs 1.1 lakh crore to shareholders in 5 years, equals $12.8B. Unchanged 85% distribution policy. 15 payouts made, Rs 80,000 crore through dividends. Investor receipt by FY24: Rs 377.5/share. Rs 26,800 crore returned via buybacks.

Public keen to purchase Escent units

Central Pattana Plc (CPN) is unveiling the Central Nakhon Pathom project, a new landmark for the western suburbs that includes Escent Nakhon Pathom.

Post Office had 'bunker mentality' towards press, lawyer tells inquiry

A sub-postmaster victim of faulty IT software Horizon was described as a "bluffer" when he alerted senior Post Office officials about bugs in the system.

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and…

Sony and Apollo discuss teaming up to bid for Paramount Global

Media company is already in exclusive talks with Skydance about a potential deal

After NSE, BSE warns of its MD's deepfake video

BSE and NSE caution against fake videos showing their MDs giving stock advice on social media. Investors urged to avoid deceptive recommendations. BSE and NSE take steps against misrepresentation.

Bad loans set to surge at banks in Q1

The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.

Nevada Supreme Court rulings hand setbacks to gun-right defenders and anti-abortion activists

Nevada's Supreme Court has handed setbacks to gun-right defenders and anti-abortion activists in two new rulings. Nevada’s Supreme Court upheld the state’s ban on ghost guns Thursday, overturning a lower court’s ruling that had sided with a gun manufacturer’s argument the 2021 law ...

Maud Borup: We "geek out" over sustainability

A B Corp-certified facility in Le Center, Minn., Maud Borup's headquarters features a 100-foot chocolate brown wind turbine a -More- 

Price check: Imports of pulses surge 93% in FY24

India's pulses imports surged by 93% to $3.7 billion, stabilizing prices amid retail inflation. Government actions addressed shortages in Indian thalis by importing from various countries like Tanzania, Canada, and Mozambique.

Netflix to stop reporting key subscriber numbers

The streaming giant also said it added 9.3 million subscribers in the first three months of the year.

White House sets up task force to target trade emissions

The US formed a new trade task force to tackle carbon emissions in global commerce and manufacturing.  -More- 

Median group health cover rises to Rs 5 lakh

Companies increase wage expenditure on health insurance due to rising costs. Median sum insured rises to Rs 5 lakh. India's benefits budget is 2%, lower than US and Europe. Global startups have a higher sum insured at Rs 10 lakh.

Ex-Post Office chair defends himself against claims

A report claims Henry Staunton used derogatory language about recruiting a board member

Federal agency fines SF school, founder $164,000, alleging they tricked students

This coding boot camp in SF once got a fawning NYT column. Now it has to pay up.

At 7.1%, Odisha records highest retail inflation

Odisha, Assam, and Haryana had the highest inflation rates in March, while Delhi recorded the lowest. Factors such as vegetables, pulses, and RBI decisions are influencing the inflation patterns across states and Union territories.

Restaurateurs adapting to maintain competitiveness

While monitoring domestic purchasing power, Thai restaurant operators have adapted to stay competitive and grow their businesses in response to evolving customer preferences and lifestyles, says the head of a conglomerate.

'AI helps me to make wine for younger drinkers'

The winemakers using artificial intelligence to help them grow grapes and blend their wines.

Sony in Talks to Join a Bid to Buy Paramount

The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.

Bay Area exec loses groundbreaking 'shadow trading' trial

A Bay Area exec turned a $107,000 profit on a rival firm's stock, and the SEC pounced.

Indorama allots $1.89bn capex for 3 years

Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings ...

Stocks sink, oil surges on reports of Middle East attacks

OKYO: Asian shares and bond yields sank on Friday while the dollar, yen, oil and gold surged after reports of a sharp escalation in Middle East hostilities.

Taiwan's Somnics co-invests in factory

The government plan to develop Thailand as a medical hub in Southeast Asia has encouraged Thai and Taiwanese medical equipment companies to co-invest to build a new factory here, aiming to establish an export base for a variety of products, including those that improve sleep.

DNA repair helps tardigrades withstand radiation

Microscopic tardigrades can add DNA repair to the list of skills that allows them to survive harsh conditions such as radiati -More- 

Woodside cops hefty revenue hit ahead of crucial AGM

Lower gas prices, a drop in production, and maintenance issues have put the brakes on Australia’s largest oil and gas company.

Google streamlines structure to speed up AI efforts

Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis Hassabis

Meta’s cafeteria workers protest over wages at San Francisco office

Meta’s cafeteria workers say they’re struggling financially and need more pay.

Dubai airport delays persist after UAE storm

Some inbound flights to the world's second busiest airport resume, but many passengers remain stranded.

Google sacks staff protesting over Israeli contract

Google sacked 28 staff members for taking part in protests against a contract with the Israeli government.

US committee releases sealed Brazil court orders to Musk's X, shedding light on account suspensions

A U.S. congressional committee has released confidential Brazilian court orders to suspend accounts on the social media platform X. The orders, disclosed late Wednesday, offer a glimpse into decisions that have spurred complaints of alleged censorship and suppression of free-speech from the ...

Amending property rules likely to spur sales

Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.

Sustainability funds post healthy returns in Q1

Global sustainability equity funds generated solid returns in the first quarter this year amid capital market volatility, with abrdn Japanese Sustainable Equity generating the highest rate of return at 17.2%, according to Morningstar Research (Thailand).

News24 Business | Fake Elon Musk ads: Financial watchdog to probe SA online brokerage

South Africa's financial watchdog has launched an investigation into the online brokerage, which some users have accused of profiting from deepfake ads featuring Elon Musk and other business leaders.

Rishi Sunak wants to end ‘sick note culture’ and get Britain back to work 

Rishi Sunak wants to end the “sick note culture” and get Britain back to work, in a major speech on welfare reform.

Taylor Swift surprises fans with secret ‘double album’ edition of her new record

Taylor Swift has surprised her fans by releasing a secret “double album” instalment of her new record The Tortured Poets Department, which is thought to hint at her break-up with British actor Joe Alwyn and The 1975 star Matty Healy. Hours after dropping the 16-song edition of her 11th ...

Gold rate today: Yellow metal prices rise Rs 100, to move to Rs 72,785/10g mark, silver follows suit

Gold and silver prices rose on MCX amid geopolitical tensions. US retail sales exceeded forecasts. Spot gold closed at $2388. Explosions in Iran, Syria, and Iraq impacted gold prices.

Israel hits Iran with ‘missile attack’ near nuclear site as markets watch oil prices

Iranian air defence batteries were launched on Friday morning after explosions near the city of Isfahan, in the centre of the country, according to its state-run IRNA agency.

Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flare

Asian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region. Oil prices jumped as the state-run IRNA news agency reported that Iran fired ...

Almost a quarter of kids aged 5-7 have smartphones

The regulator calls the data a "wake up call", and says parents and industry need to do more.

Markets react: Oil and gold prices rise after Israeli missiles hit Iran

The spike in oil prices came after US officials said Israel launched missile strikes on Iran in response to the Iranian drone strikes launched over the weekend.

JPMorgan warns of need for ‘reality check’ on phasing out of fossil fuels

US bank says higher interest rates, inflation and global conflict have dented outlook for energy transition

NBTC endorses public warning system

The board of the National Broadcasting and Telecommunications Commission (NBTC) has approved in principle establishing a cell broadcast service (CBS) system to be installed and operated by telecom operators, according to Gen Sittichai Markkoonchorn, assistant to the NBTC chairman.

European carbon trading catching less than quarter of airline emissions, data finds

With long-haul flights exempt from charges and carriers given free allowances, large share of flights not covered by system

Advice from an investor — How to find the right funding options for your start-up

Xavier Collins takes the pen this week, giving his two cents on how to find the right funding options for your start-up.

The struggle to choose the right mortgage

As interest rates stay higher for longer, those looking to refinance face some difficult choices

House prices in London hit by high property costs and post-Covid trends

Capital has underperformed rest of UK since 2016 but remains most expensive part of the country

How not to handle a mega-deal

Plus, Blackstone’s M&A machine revs up and Arnault lays the groundwork for LVMH’s future

New Seven boss wants to move on from ‘a few bad apples’

Seven West Media’s new boss Jeff Howard has warned he is willing to weed out staffers who show poor judgement or engage in unacceptable behaviour.

FirstFT: Iran activates air defence systems after reports of explosion

Also in today’s newsletter, EU still needs Russian LNG and Europe’s migrant ‘brain waste’

A trial is underway for the Panama Papers, a case that changed the country's financial rules

Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles. The repercussions of the leaks were far-ranging, prompting the resignation of the ...

How EU leaders fudged a compromise on integration of capital markets

Also in this newsletter: Italy’s Meloni allows anti-abortion campaigners to enter clinics

Mortgages are up but don’t get too excited

What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven ...

Consumer confidence hits highest level in two years as UK ‘turns a corner’

"The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.

Hedge fund pushes for power firm to be excluded from Ukraine debt deal

London-based VR Capital is part of bondholder group that does not want Ukrenergo debt to be part of sovereign restructuring

Netflix shares sink as company announces halt in reporting subscriber tally, weak outlook

Shares of Netflix took a sharp tumble of about 5 per cent as the market closed, spurred by the streaming video pionaeer's decision to cease disclosing subscriber numbers and prioritise viewer engagement metrics.

Gold, gold, gold: Precious yellow metal makes shares sing

This week’s Bulls N’ Bears top ASX runner is … Dalaroo Metals. Its stock rose more than 182 per cent to join Nimy Resources, Adherium and Firebrick Pharma.

It’s time to help the multi pension generation

Why shouldn’t schemes follow a worker when they change their employer?

News24 Business | OM Bank is coming: Old Mutual secures banking licence

Old Mutual has been granted section 16 banking licence approval for its new lending arm, which it plans to call OM Bank

Toyota Unveils Fortuner Mild Hybrid In South Africa; Check What's New

Recently launched Fortuner MHEV comes with a 48V mild-hybrid system integrated with the familiar 2.8-litre diesel engine.   

Finding an apartment may be easier for California pet owners under new legislation

A bill in California wants to make more rental housing available to tenants with pets. Assembly Bill 2216 would ban blanket no-pets policies and prohibit landlords from charging extra for security deposit and rent for tenants who have cats, dogs or other common household animals. Supporters say ...

New Energy Plus Solutions foresees 66% growth in earnings

An older demographic and greater use of electric vehicles (EV) are the driving forces behind the solar power business in Thailand, says New Energy Plus Solutions Co (NEPS), which expects 66% growth in its earnings this year from sales of rooftop solar panels and installation.

Thais ranked 6th among visitors to Japan in March

Thai tourists to Japan ranked sixth in March, contributing to a total number of foreign visitors to the country that soared to over 3.08 million, marking the first time the tally exceeded the 3-million mark in a single month.

Bitcoin's next 'halving' is right around the corner. Here's what you need to know

Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset ...

Luxury automakers hit by South Korea’s neon green licence plates for company cars

President Yoon Suk Yeol has pledged to target private use of company vehicles

Bourse reshapes liquidity criteria

The Stock Exchange of Thailand (SET) plans to revise liquidity criteria for securities to enter the SET50 and SET100 indices, with the revised criteria subject to a public hearing until April 26.

FM Nirmala Sitharaman’s sharp barb: Congress like 'Mahabharata’s Shalyya', keeps saying India can’t match China

Nirmala Sitharaman has said that the Congress party, despite having governed India, lacks faith in the country and its potential. Even if they believe that Indians are capable of achieving great things, they constantly undermine the nation's progress, much like Shalya did to Karna ...

Narayana Murthy's grandson gets richer! 5-month old Ekagrah Rohan Murty earns Rs 4 crore from Infosys dividend

Five-month-old boy Ekagrah Rohan Murty has became millionaire with a generous gift of 15 lakh Infosys shares from his billionaire grandfather NR Narayana Murthy. Now, he has pocketed an additional Rs 4.2 crore in dividend income with Infosys declaring a total dividend of Rs 28.

Man Group: World’s largest publicly listed hedge fund’s assets swell to new record

The world’s largest publicly listed hedge fund group updated its shareholders with a trading statement

LS 2024: Open Instagram, Election Commission Of India Has Message For You, Read Here

Election Commission Of India is taking creative initiatives to aware the voters about the Lok Sabha Elections in India

Novacyt: UK Government’s £135m lawsuit against Covid-19 test-maker set for trial

Biotech firm Novacyt will be in the English High Court in June as it is set to defend itself against the UK Government's £135m lawsuit over covid tests

Japan's inflation slows to 2.6% in March but rate hike still likely

Japan's core inflation slowed to 2.6 percent in March as the effects of higher energy costs continued to fade, government data showed Friday, but the inflationary effect of…

Japanese doctors demand damages from Google over "groundless" reviews

TOKYO (AP) — A group of Japanese doctors has filed a civil lawsuit against U.S. search giant Google, demanding damages for what they claim are unpoliced derogatory and often false comments. The lawsuit, filed Thursday in Tokyo District Court, demands 1.4 million yen ($9,400) in damages for ...

Schneider Electric confirms talks with Bentley Systems

French group says it is looking at a ‘potential strategic transaction’ with US software specialist

Look inside the Indiana company trying to re-create the world's best trumpets

Beijing orders Apple to pull WhatsApp from China store

Apple Inc said that it removed Meta Platforms’ WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security.

Banks revise FD interest rates in April: IDBI, Federal Bank and more - these 5 banks have changed fixed deposit rates

Banks updated fixed deposit interest rates in April 2024. Fincare SFB, IDBI, Federal Bank, Bank of India, and Suryoday SFB revised rates. New rates apply to different deposit plans, affecting new deposits and renewals.

Democratic convention events getting Chicago treatment with new hospitality vendors

HSBC-backed fintech Monese plots break-up amid mounting losses

An HSBC-backed technology company which was in talks to raise funding at a valuation of over £1bn four years ago is to break itself up amid mounting losses.

Timber mill workers in Montana have a tough time finding affordable housing

One of the last remaining sawmills in Montana is closing, but not for lack of logs. Housing is too expensive for the labor force, and the mill can't hire enough workers.

Thames Water won’t be drawn on secret nationalisation plan and 56 per cent bill rise claims

Britain's biggest water firm, Thames Water, which has built up a mammoth £18bn debt pile, is under severe pressure to come up with fresh funding or face either collapse or being taken into public ownership.

Russia bans managing partner of City firm Fieldfisher for Kremlin sanction work

The Foreign Ministry of Russia has banned several British lawyers from Fieldfisher including the firm's managing partner for their role in applying the mechanism of sanctions against the country

Make employee rewards personal and regular to resonate

Recognition from the boss can keep employees motivated, but it must be the kind of reward that resonates with the team member -More- 

‘Been a very busy week across AI,’ MD pats employees’ backs after Israel-Iran conflict & Dubai rains disrupt schedules

Air India extends Tel Aviv flight suspension till April 30 due to Israel-Iran conflict. CEO Campbell Wilson praises employees for handling disruptions. New A350 deployed on Delhi-Dubai route. Codeshare with Air India Express to offer more destinations.

If you're the new boss, be open and listen to build trust

New leadership can make existing teams nervous, so if you're the new boss, take time to introduce yourself -- letting them kn -More- 

Amazon Ran Secret Firm 'Big River' To Gather Intel On Rivals: Report

The employees at the fake company were instructed to take screenshots of the products on various marketplaces.

Tools when graduating from novice cook to home chef

Novice cooks whose skills now put them in the home chef category might want to upgrade from hand-me-downs and thrift store ki -More- 

Olympic organizers unveil strategy for using artificial intelligence in sports

Olympic organizers have unveiled their plans to use artificial intelligence in sports, joining the global rush to capitalize on the rapidly advancing technology. The International Olympic Committee outlined its agenda for taking advantage of AI. Officials said it could be used to help identify ...

David Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery

The chief executive’s 2023 pay package rose 26 percent from the year before, while the company’s losses totaled $3 billion.

French city installs radar to encourage more running

Officials in Nantes, France, have installed pedestrian speed radars in two local neighborhoods, intended to encourage walkers -More- 

Forex drop by $5.40 billion to $643.16 billion for the week ended April 12: RBI

Delhi to Gurugram in just 7 minutes! IndiGo parent to bring all-electric air taxi service in India by 2026; check expected fare, details

InterGlobe Enterprises and Archer Aviation have announced plans to introduce an all-electric air taxi service in India by 2026, with initial services in Delhi, Mumbai, and Bengaluru. The service will transport passengers from Connaught Place to Gurugram in just 7 minutes, using eVTOL aircraft.

Mondi pulls out of DS Smith bidding war in win for US buyer

Packaging giant Mondi has walked away from a bidding war for its smaller rival DS Smith, paving the way for Memphis-based International Paper to snap up the firm in a £5.8bn deal.

FM Sitharaman on Elon Musk’s India visit, Tesla plans: ‘India’s ecosystem being recognised by top-notch world companies’

FM Nirmala Sitharaman, when asked about Elon Musk-led Tesla’s plans for India, said: “I'm not sure what the details are. But it is a very good sign for manufacturing in India, particularly high-technology manufacturing.”

Diesel slips into red as challenging conditions slow growth at fashion brand’s UK arm

The UK arm of fashion brand Diesel slipped into the red in 2023 as the challenging economic conditions impacted its finances.

Virgin Atlantic Holidays makes first profit since 2018 as luxury travel to Florida and the Caribbean recovers

Virgin Atlantic Holidays returned to making a profit for the first time since 2018.

A Union Vote at Volkswagen Is a Big Test for the UAW

If workers at a plant in Tennessee agree to unionize, it would reflect the growing power of groups like the U.A.W. at a crucial political moment.

Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal

Inflation, Interest Rates and Oil Prices Have Jolted the Markets

Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.

Drifting for beginners: we go sideways in a Caterham Seven

What’s the most fun you can have at 20mph? I’ll give you a clue: it isn’t stop-starting across most of south London on a Tuesday morning. Thankfully, things are about to get considerably more exciting. The venue is Brands Hatch, the car is a Caterham Seven and today’s ‘work’ ...

Narayana Murthy's 5-Month-Old Billionaire Grandson Ekagrah Murty Is Richer By Rs 4.2 Crore

The Infosys’ board has recommended a final dividend of Rs 20 per equity share, and a special dividend of Rs 8 per stock for the financial year that ended March 31. The dividend will be paid on July 1.

Global Oil Prices Rise Amid Increasing Middle East Conflict

India imports over 85 per cent of its crude oil requirement and a substantial spike in global oil prices could raise the country’s oil import bill.

Can a Brewery Make Good Wine? These Beer Makers Say Yes.

In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.

Credit limit, billing cycle and 10 other important credit card terms you must know

Credit cards offer benefits like cash back and discounts. Understanding key terms such as credit limit, annual fee, and APR is crucial for effective card management and maximizing benefits while making informed financial decisions.

Dr Martens’ Ije Nwokorie: would-be saviour of bootmaker’s IPO promise

Shoemaker has issued five profit warnings since private equity firm Permira listed it in London in 2021

Mistral in talks to raise €500mn at €5bn valuation

One-year-old French start-up approached by multiple investors who view it as Europe’s answer to OpenAI

Vadodara Traffic Police Has ACs Fit To Their Helmets: Watch

The AC helmets are introduced for the comfort and safety of traffic police officers in summer.   

Red Roses’ standards are high, they can be disappointed with 50,000 crowd

This weekend when 50,000 fans flood into Twickenham Stadium’s famous bowl to watch England’s Red Roses take on Ireland in the Women’s Six Nations it’ll be another achievement for the women’s game. Because gone are the days of celebrating filling a single stand for the women’s game ...

After a decade of vintage reissues watch brands are taking risks

Everyone’s been taking a trip down memory lane with vintage reissues – until the last couple of years, that is

Netflix profits soar after password crackdown

The streaming giant said it added 9.3 million subscribers in the first three months of the year.

What is the power of compounding? Starting SIP investments early can yield long-term returns

Meera, 62, utilized SIPs in equity mutual funds for monthly cash flow, leveraging compounding to achieve various life goals like house down payment and child's education, showcasing the power of systematic investment plans for single income earners.

Iran-Israel tensions: Can Iran's economy handle a war?

Iran is suffering from inflation, currency depreciation and the impact of international sanctions. Will new Western boycotts impact Tehran's ability to wage war?

Growing comms agency picks up Texan investment as part of scaling push

A US-based investor in data-led firms has made its first investment outside of its home country in London-headquartered strategic comms agency Williams Nicolson.

Breakfast Briefing: 5 things for PR pros to know on Friday morning

Highlights from PRWeek’s Crisis Comms Conference; How Taylor Swift is rolling out her new music.

'Putting AI code on AI Ex flights; next on Vistara:' MD Wilson

What to Do When Your 401 Leaves Something to Be Desired

Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly.

'Planet Money' explores the specialized workforce in Britain known as working royals

The British royal workforce, like that of the global economy, is aging rapidly. But what do these working royals do all day, anyway?

Singapore Recalls India's Everest Fish Curry Masala Over Presence Of Ethylene Oxide Pesticide

Singapore Food Agency recalls Everest Fish Curry Masala from India due to the presence of Ethylene Oxide at levels exceeding permissible limit

‘Moral mission’: Sunak to reform benefits system in fight against long-term sickness

Rishi Sunak has announced plans to reform Britain’s disability benefits system in what he called a “moral mission” to address the rise in long-term sickness.

Tesla recalls thousands of vehicles over jammed accelerator issue

Tesla has recalled more than 3,700 of its Cybertruck models following complaints that the accelerator pedal is at risk of getting stuck, US regulators have announced.

Which scientists get mentioned in the news? Mostly ones with Anglo names, says study

A new study finds that in news stories about scientific research, U.S. media were less likely to mention a scientist if they had an East Asian or African name, as compared to one with an Anglo name.

One Potential Key to Knicks’ Season: Friendship

Jalen Brunson, Josh Hart and Donte DiVincenzo have been buddies since college, a situation that those who study the workplace say can foster success.

Biden administration restricts oil and gas leasing in 13 million acres of Alaska's petroleum reserve

The Biden administration has finalized rules that would restrict new oil and gas leasing and development in portions of a federal petroleum reserve in Alaska that are considered particularly sensitive as the Arctic continues to warm. The decision finalizes protections for the National Petroleum ...

Forward Global €150m fund set to acquire PR firms in UK, Europe and US

International full-service risk and reputation management firm Forward Global has entered negotiations with private investment firm Bridgepoint Development Capital to invest €150m (£130m) into PR acquisitions.

Rush for high voltage connectors will mean more cable hook-ups

Expect more deals after Prysmian’s acquisition of Encore Wire

With a Fresh Look and Recipes, Manischewitz Courts a New Generation

The 136-year-old company’s products have been staples in American Jewish households for generations. After a major rebranding, the matzo ball soup comes with merch.

News24 Business | State capture-dogged Nedbank ditched more than 190 clients in 2023 due to reputational risk

The closure of high-profile bank accounts comes against the backdrop of SA's greylising in early 2023 as well as rising cyber fraud and a spike in reported suspicious transactions.

DOE officials consider geothermal expansion roadmap

During a recent webinar, Energy Department officials explored strategies for scaling geothermal energy to up to 5 GW of capac -More- 

US sanctions fundraisers for extremist West Bank settlers who commit violence against Palestinians

The Biden administration is imposing sanctions on two entities accused of fundraising for extremist Israeli-occupied West Bank settlers who have harassed and attacked Palestinians. Also sanctioned was the founder of an organization whose members regularly assault Palestinians. The announcement ...

News24 Business | Mondi jumps 10% as it ditches plan for DS Smith tie-up

Shares of JSE-listed packaging and paper producer Mondi jumped more than 10% on Friday when it announced it has decided not to go to battle to acquire industry peer DS Smith, which has another hefty offer.

American Express profits jump 34%, helped by jump in new customers, higher spending

Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards. The New York-based company said it earned $2.4 billion in the first three months of the ...

Watch: M&C Saatchi looks ahead to new senior team

M&C Saatchi has felt headwinds from the wider economy. Watch the latest.

Shum can Chill the champagne ahead of Chibi’s run

SHA TIN in Hong Kong is under threat again of possible rain and thunderstorms when racing gets underway with a mixed card of six turf and four all-weather contests, starting at 6.00am on Saturday. Adverse weather conditions have been a regular occurrence in the territory this season, causing ...

WATCH: Tesco picks up market share despite cost of living concerns

Tesco has eaten into the market share of a host of other grocers. Watch the latest news from the supermarket giant.

Asda: Billionaire Zuber Issa close to selling £500m stake in supermarket giant to TDR Capital

Billionaire Zuber Issa is close to completing talks to sell his £500m stake in Asda to its private equity backer, TDR Capital, according to reports.

Vodafone Idea FPO picks momentum as institutional investors pour money

Answer to Britain’s housing crisis? Labour announces plan to build on ‘grey belt’ land

Labour have set out plans for a housebuilding drive on so-called ‘grey belt’ land in an effort to address the housing crisis.

Building society and Co-op Bank agree takeover terms

The two lenders agree terms on a takeover deal that could be worth up to £780m.

EP: 267 Ayr, Newbury & Hong Kong

After winning the Grand National last Saturday, Willie Mullins takes aim at the Scottish National at Ayr this weekend in the hope of winning the British Trainers Championship for the first time. The Scottish Champion Hurdle also takes place on Saturday. Newbury is the venue for three important ...

Breaking: Air India Suspends Flights To Tel Aviv Till April 30 Amid Iran-Israel Clash

Air India's flight suspension comes after Israel launched missiles on Iran.

News24 Business | Three SA airports slide down Skytrax world rankings - but are still among the world's best

The Cape Town, OR Tambo and King Shaka international airports have all slid down the Skytrax international ranking in recent years, but remain amongst the 100 best in the world.

OpenAI Appoints Pragya Misra As First India Employee; Know All About Her

Prior to this, Misra has worked with Truecaller since July 2021 and served as the Director of Public Affairs, according to her LinkedIn profile.

Tennessee Volkswagen workers to vote on union membership in test of UAW's plan to expand its ranks

The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere faces a key test Friday night, when workers at a Volkswagen plant in Chattanooga, Tennessee, will finish voting on whether to join the union. The UAW’s ranks in the auto ...

China’s Export Dominance: What to Know

From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.

Apple pulls WhatsApp and Threads from App Store on Beijing's orders

Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China on Beijing’s orders. Apple said that the apps were removed from the store on Friday, after Chinese authorities cited national security concerns. The nature of those concerns ...

London Tide review: A dirge – but what did you expect?

A mashup of PJ Harvey and Charles Dickens's most loathed novel Our Mutual Friend results in a surprisingly compelling production at the Lyttelton Theatre.

A former Russian tycoon who once led separatist region launches a hunger strike in Azerbaijan jail

Family members say a former Russian tycoon jailed in Azerbaijan on charges stemming from his time as a top separatist figure in the Karabakh region has gone on a hunger strike. Ruben Vardanyan started the fast two weeks ago to press demands for a speedy trial, news agencies cited the family ...

Google restructures finance organization with eye toward AI

Google is planning layoffs and relocations as part of a restructuring of its finance organization that will shift focus to in -More- 

News24 Business | Business brief | Nedbank's fleet acquisition gets green light, and Netflix's 'chump' reporting decision

An overview of the biggest business developments in SA and beyond.

Grocery delivery app Getir prepares to exit UK market

Getir, the grocery delivery app once valued at nearly $12bn (£9.7bn), is close to pulling the plug on its operations in Britain in a move that would spark concerns for well over 1,000 jobs.

Marathon seeks permit to boost Detroit refinery throughput

Michigan regulators are soliciting public comment on Marathon Petroleum's application for a permit to eliminate monthly and y -More- 

Severe Rainfall In Dubai Disrupts Air Travel: Check Advisories

Air India has offered a one-time waiver on rescheduling and full refunds for cancellations for customers with valid tickets until 21st April 2024.   

High-interest rates sacrifice growth: RBI monetary policy member Varma favoured rate cut

Dollar's strength causes challenges in currency markets

The dollar has climbed 9% against the yen this year, and the move has affected global markets.  -More- 

Machinal at the Old Vic: A stunning performance in a tired play

There are surprisingly few genre plays on the West End stage – where are all the science fiction and fantasy and horror and gangster stories that dominate other areas of pop culture? And where is all the true crime, a format you can barely escape from on streaming and podcast platforms? The ...

Redx boss scooped up shares after revealing London Stock Exchange exit

The boss of pharma firm Redx has scooped up hundreds of thousands of shares in the company after its share price collapsed on the news it would scrap its listing on the London Stock Exchange.

Friday evening news briefing: Israel gave US ‘last minute’ warning before attacking Iran

Gold jumps Rs 400 to breach Rs 74k mark, silver hits fresh peak

Tesla Will Recall Cybertruck in Latest Setback

A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.

EY’s Wirecard audits marred by ‘repeated grave’ violations of duties, says watchdog

Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation

Post Office lawyer 'takes no pride' working for the company

A lawyer for the Post Office at the height of the Horizon IT scandal has told the public inquiry he feels "no pride" to be employed by the company.

Think carefully before adding a chief AI officer role

Executive suites are being reshaped by the rise of new IT-centered roles like chief metaverse officer and chief artificial in -More- 

Employment law is a minefield for companies and workers

The backlog of cases at tribunals, often seeking compensation for minor slights, serves no one except the lawyers

Why you shouldn't think in terms of market size

Judging a startup by potential market size means you miss out on many opportunities, writes Theory Ventures' Tomasz Tunguz.  -More- 

6 tactics used by the best B2B marketers

Jason Ball, founder of Considered Content, uses his agency's research to explain six ways the best-performing business-to-bus -More- 

Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach

The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected

FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes

FedEx has pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes. The program is a huge boost for the school’s name, image and likeness compensation efforts. The Memphis-based shipping giant says the program will initially focus ...

The Lex Newsletter: investment banking is back — sort of

Dealmaking may have picked up but there is still a need for caution after a protracted slump

Diesel price rising by another 50 satang

Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.

Food prices a challenge for final descent in inflation: RBI policy minutes

Pressure in food prices has been interrupting the ongoing disinflation process in India, and posing challenges for the final descent of inflation trajectory to the 4 per cent target, as per minutes of RBI's monetary policy meeting that was held earlier this month.

Tesla Advisor Takes Part In India's EV Policy Consultation Ahead Of Musk's Visit: Report

Representatives of all the major automobile manufacturers of India including Maruti Suzuki, Hyundai, Tata, Mahindra, Kia, Skoda Auto Volkswagen India, and Renault were present in the meeting.

Chinese Export Surge Clouds U.S. Hopes of a Domestic Solar Boom

The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.

Rent the Runway needs more than AI to go from rags to riches

Inflation-weary consumers are not the only problem for the online clothing rental company

Need to preserve success on inflation control on durable basis, RBI governor at MPC

What to expect from VC associate relationships

Startup founders creating relationships with venture capital associates need to understand that they are not the decision-mak -More- 

Treasurys rebound as Middle Eastern tensions rise

Treasurys climbed alongside the dollar Thursday, boosted by the rising prospect of conflict in the Middle East as investors s -More- 

Republican states sue EPA over tailpipe emissions rule

A coalition of 25 Republican-led states have filed a lawsuit challenging a new Environmental Protection Rule designed to curb -More- 

Commentary: Costlier cyber threats require more collaboration

Cyber criminals, many operating in large teams with backing from foreign states, are increasingly targeting companies in crit -More- 

Companies raise $27.8B in IPOs in Q1

Reddit's and Galderma's successful initial public offerings have boosted bank executives' optimism about a reopening of the l -More- 

House panel hears warnings around AI and ransomware

Cybersecurity experts warned a House committee that AI is accelerating and simplifying the use of ransomware.  -More- 

San Francisco ranked world's top city for startups

San Francisco is the world's most important startup hub, followed by New York City, Beijing and Shanghai, according to PitchB -More- 

Often it's the startups that engender the demand, change the market dynamics, and make markets massive by taking risks with products. When done right, these founders create category-defining businesses like Shopify.

Tomasz Tunguz, venture capitalist at Theory Ventures, writing in Tomas Tunguz

News24 Business | Road Accident Fund loses court bid to shed liabilities with accounting change

The Road Accident Fund has lost its case against the Auditor-General

American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/18/2024

Stocks that are trading heavily or have substantial price changes on Friday: American Express, Fifth Third rise; Netflix, PPG Industries fall.

Kinder Morgan leases land for CCS near Houston channel

Kinder Morgan has signed a lease agreement with TGS Cedar Port Partners for 10,800 acres of pore space near the Houston Ship  -More- 

Jane Street loses bid for restraining order against Millennium

High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen

Company culture in tatters? Bold ways to heal the divide

If your company's culture has become divisive -- especially over the past five years or so -- it may be time to revisit and r -More- 

Starts May 1: Register for the US/China Relations and Financial Services webinar series

The economic relationship between the US and China is evolving.  -More- 

Fed's Williams: No urgency to lower interest rates

In light of the current resilience of the economy, New York Federal Reserve President John Williams said he does not "feel ur -More- 

FAA Will Require More Rest for Air Traffic Controllers

The agency announced new rules to address the dangers of exhaustion for controllers, who often work grueling round-the-clock schedules.

10 recommendations to revise the Basel III endgame proposal

Regulators have said they plan to make changes to the Basel III endgame proposal. But what will those be?  -More- 

Japan's consumer inflation rose 2.7% in March

Consumer prices in Japan increased 2.7% in March from a year earlier, a slight decrease from the 2.8% rise in February.  -More- 

How major US stock indexes fared Friday, 4/19/2024

The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street across the finish line of another losing week. The S&P 500 fell 0.9% Friday to close out its third straight losing week. The Nasdaq composite tumbled 2%. The Dow Jones Industrial Average, which has less ...

Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’

Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling

Rising yields attract pension funds back to bonds

Some managers at large pension funds are shifting their allocations, moving money out of stocks and into bonds, attracted by  -More- 

Nvidia drops 10% as investors see risk in Big Tech shares

US stock markets suffer their worst run since October 2022 as investors pull back from AI bets

How France Is Fighting ‘Shrinkflation’

Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut.

Hong Kong regulator set to launch new probe into PwC Evergrande audits

Apparent whistleblower report cites concerns over firm’s work for collapsed Chinese developer

Advanced economies pledge $11 bil to boost World Bank lending

A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade,…

Tesla recalls Cybertruck over sticky problem. Blame it on — yes — soap

Accelerator pedals on the new Cybertrucks can get stuck, a potentially dangerous production flaw. The reason why they're so sticky is soap.

‘Reality check’ for the green transition

Also in this newsletter: IMF warns EU off ‘subsidy race’, Apple under pressure from China, science round-up

Energy Dept. awards $1.93B in 48C IRA credits

The Energy Department on Friday unveiled the recipients of $1.93 billion in Qualifying Advanced Energy Project Credit funding -More- 

ABC local radio just hit rock bottom. What’s next?

The national broadcaster peaked during bushfires and COVID-19 and it has been downhill for a long time.

Serious Fraud Office reviews cases after software problems

UK agency to look at past and present investigations as fresh issues emerge over evidence disclosure

Banks note rising profits

Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.

Investor nerves tested as market themes unravel

Magnificent Seven tech stocks have come off the boil but is it just a blip?

Government discussed oil market volatility with OPEC chief, government says

Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup

Salvage crews at the site of the collapsed Francis Scott Key Bridge in Baltimore are turning their focus to the thousands of tons of debris sitting atop the massive cargo ship that veered off course last month. Officials say an estimated 3,000 to 4,000 tons of steel and concrete landed on the ...

Pension funds brace for £30bn hit from Gove leasehold reforms

Pension funds are braced for a hit worth tens of billions of pounds as Michael Gove, the levelling up secretary, tries to salvage his ambition of overhauling Britain’s centuries-old property leasehold system.

Dropbox CEO: RTO mandates sour ties with workers

Dropbox's cofounder and CEO Drew Houston says companies who are mandating employees return to the office are creating a toxic -More- 

Bill that could ban TikTok has been attached to the House foreign aid package. What next?

The House has renewed its push on legislation that would ban TikTok if its Beijing-based parent company doesn’t divest from the popular social media platform. The TikTok legislation, which was included in a package of bills that would send aid to Ukraine and Israel, could become law as soon ...

Barbiecue sauce made for Barbie's 65th birthday bash

The latest liaison between food and toy manufacturers has resulted in Heinz and Mattel's Classic Barbiecue, a pink vegan mayo -More- 

Why everyone in finance is getting ripped

People who spend their working lives trying to manage risk in return for long-term financial gain often fail to apply those lessons to their own health.

Hardeep Singh Puri discusses global oil markets with OPEC secretary general

Military briefing: the Israeli missiles used to strike Iran

Wreckage photographed in Iraq indicates how Israeli jets hit back at Tehran from afar

Denny Walsh, Reporter Who Tussled With Mayors and Editors, Dies at 88

Mr. Walsh won a Pulitzer Prize for investigative reporting in 1969 and later joined The New York Times. The newspaper eventually fired him.

Cybertruck pedals can get stuck at 'full throttle,' prompting Tesla to recall thousands

Tesla used too much soap. Now, thousands of Cybertrucks are getting recalled.

Nissan lowers FY2023 net profit forecast on weak sales volume

Nissan Motor Co on Friday lowered its net profit forecast for fiscal 2023 to 370 billion yen from an initial 390 billion yen, citing a larger-than-expected fall in…

Will the right to disconnect disrupt the way we work?

Employees who want to get ahead likely won’t invoke the right, and those who do may find that managers gravitate towards workers who are more available.

Crashing ocean waves spew PFAS into air, researchers say

Researchers at Stockholm University say that ocean waves hitting shores emit more PFAS than industrial polluters and represen -More- 

The EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflicts

The Environmental Protection Agency is allowing the sale of gasoline containing a higher blend of ethanol for the third summer in a row. The emergency waiver issued Friday will exempt gasoline blended with 15% ethanol from the existing summertime ban. Gasoline with 10% ethanol is already sold ...

African cities offer lessons on climate resilience

The effects of scorching heat waves, powerful storms and lengthy droughts are felt most keenly by Africans living in urban re -More- 

Frederick Celani, Who Made a Career as a Con Man, Dies at 75

His frauds included a waterfront development in Buffalo, a civil rights law firm in California and a package delivery company in Springfield, Ill.

Wipro's growth lags peers, co cautious about recovery

Wipro's new CEO Srini Pallia faces challenges as company lags in financial metrics. Shares rose 3% on NYSE. March quarter revenue declined by 0.3%. 2023-24 revenue declined significantly compared to peers.

Buffalo Bills owner Terry Pegula explores selling non-controlling, minority stake in franchise

Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest in the franchise, the team announced. A person with knowledge of the decision told The Associated Press the stake in the team the Pegulas would be preparing to sell would ...

Why OpenText used extended reality to make its latest campaign

Using extended reality saved the information management software company up to $2 million on real-time and post-production costs.

Publicis to shake up board

Two boards become one as supervisory and management boards merge.

Watch: Pillsbury Doughboy interrupts meetings in General Mills video series

A series of four social videos will highlight the release of General Mills’ Global Responsibility Report.

France asks retailers to alert customers to cases of 'shrinkflation'

The French government announced a new rule on Friday that will require stores to tell customers when a product becomes smaller but its price stays the same or…

Unilever: Sustainability promises will take more time

Unilever is backing off some of its stated sustainability goals, such as using half as much new packaging by next year.  -More- 

Gold crosses Rs 74,000/10gm in local markets amid West Asia turmoil

Gold prices spiked to $2,418/ounce due to West Asia tensions, pushing 24K prices over Rs 74,000/10gm. Geopolitical risks, Iran-Israel conflict, and Federal Reserve delays influenced the market, with gold maintaining support levels at $2,365-2340.

White House revisits climate emergency declaration idea

The prospect of a national climate emergency declaration is back in the cards as White House officials have reportedly revive -More- 

Tata Sons seeks IPO waiver from RBI after cutting debt

Tata Sons seeks RBI exemption post TCS stake sale to avoid IPO. Assets meet CIC criteria. Aims to deregister as CIC, sidestep RBI rules amid Cyrus Mistry battle.

IMF: Some funds systemically important to bond market

A group of funds has built up a large short position in the Treasury market and could destabilize the financial system during -More- 

China embarks on stock market reform plan

China is embarking on a capital market reform plan aimed at ending speculative boom-and-bust trading.  -More- 

Michael Abramowitz Named New Director of Voice of America

Michael Abramowitz, a former Washington Post journalist who is currently the president of the nonprofit Freedom House, is expected to start in the role this summer.

Labour blames 'shoplifters' charter' for surge in retail crime

A "shoplifters' charter" has seen thefts rise significantly - to about one offence every minute - but police are charging fewer people, according to Labour.

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

The man who will run this year’s United Nations climate talks in November views the upcoming negotiations as a key link in international efforts to curb worsening global warming — if they can be successful. Mukhtar Babayev, Azerbaijan’s environment minister, will serve as president ...

Remembering Robert MacNeil, longtime host of PBS 'NewsHour'

During his decades-long career, MacNeil reported on the Kennedy assassination, the Cuban missile crisis and the fall of the Berlin Wall. He died April 12. Originally broadcast in 1986 and 1995.

Feel like what you do at work goes unrecognised? You’re not alone

Not being recognised for the work we do is prompting many of us to look for greener pastures.

Build-to-rent ups pressure for law reform to underpin new housing

Build-to-rent developers and industry policymakers are applying the blow torch on all layers of government to get legislative reform for the burgeoning sector.

Start-Up Founder Sentenced to 18 Months in Prison for Fraud

Manish Lachwani, who founded the software start-up HeadSpin, is the latest tech entrepreneur to face time in prison in recent years.

Survey: Workers want their bosses to value sustainability

As World Earth Day approaches, a survey from Zest shows that about half of employees wish their company would invest more in  -More- 

ABFRL board nod to demerge Madura Fashion & Lifestyle biz

ABFRL approves demerger of Madura Fashion & Lifestyle, plans Rs 2,500 crore equity raise via NCLT scheme. Identical shareholders post-demerger for value creation in business segments.

Study links ancient tectonic activity to major extinction

The tectonic activity that created mountains and diverse life also may have caused the extinction of cone-shelled animals and -More- 

Investors pull $3.7B from high-yield bonds

High-yield bond funds saw $3.75 billion in outflows in the week through Wednesday, data from LSEG Lipper shows, the largest a -More- 

FSB margin recommendations welcomed by nonbanks

The Financial Stability Board recently issued a report encouraging regulators to review the current rules for nonbank liquidi -More- 

Credit growth outstrips deposit increase in FY24

Banks compete for deposits as credit outpaces deposit growth by Rs 2 lakh crore in FY24. Highest credit growth was in FY07 at 27%. CareEdge predicts 16% credit growth in FY24.

Central banks adapt to higher-for-longer US rates

Policymakers worldwide say they are setting their interest rates independently of the Federal Reserve, but local conditions a -More- 

CME, Eurex, ICE top different measures of ESTR futures

Eurex, ICE and CME Group are all leading in the battle for euro short-term rate futures dominance in at least one measure.  -More- 

Jio Financial profit rises 6% to 311 crore in March quarter

Jio Financial's March 2024 net profit was Rs 311 crore. They provide financing for phones, laptops, and EV batteries. Jio Payments Bank launched debit card and revamped savings account.

FTX and the Serengeti of bankruptcy

For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actual customers he left behind have been caught in a financial feeding frenzy over the remains of the company. On today's show, we do a deep dive ...

Gold price peaks as SET index dips

Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.

In Trump Trial, Press Coverage of Jurors Draws Partisan Reactions

Journalists covering the trial face a tricky balancing act: inform the public while keeping its participants out of harm’s way.

Iran-Israel conflict unlikely to hit oil supply

West Asia oil shipments remain stable amidst Israel-Iran tensions. Speculators influence Benchmark Brent prices. Opec's Hai Tham al-Ghais engages with India on oil imports. Potential disruption if Hormuz Strait blocked."}

Here’s how Phish is using the Sphere's technology to give fans something completely different

Phish opened its four-night stay at the Sphere Thursday with a four-hour show. The concert used the advanced technology in the $2.3 billion Las Vegas arena to give even the fans that have seen Phish hundreds of times something they’ve never experienced before. Co-creative director Abigail ...

Top 3 IT companies report 64,000 fall in FY24 headcount

TCS, Infosys, Wipro reduced 64,000 jobs. Infosys expects 1-3% revenue growth, Wipro forecasts -1.5%. US firms fear slowdown. Gen AI impacts IT staffing. Global capability centres hiring, supporting tech industry growth.

US interest rate setter says 'no hurry' to cut

A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".

'Robust growth led RBI to keep rates on hold'

RBI governor emphasized economic growth and investment cycle in recent MPC, with hawkish sentiment from members like economist Shreya Sodhani. Rate cuts expected in Q4 2024 amid economic uncertainties and inflation concerns.

Forex reserves drop 1st time in 8 weeks

India's foreign exchange reserves dropped to $643.2 billion from 648.6 billion due to RBI selling dollars amid geopolitical tensions and US interest rate signals. The domestic currency closed at 83.47, depreciating by 0.1% against the dollar.

Alert: The bitcoin ‘halving’ is here. It limits the supply of new coins and is the fourth such event for the cryptocurrency

The bitcoin ‘halving’ is here. It limits the supply of new coins and is the fourth such event for the cryptocurrency.

FTI preps units for AI, creative sector

The Federation of Thai Industries (FTI) is planning to establish new units to align with the government's policy to promote artificial intelligence (AI) and the creative economy as levers of soft power.

SET strives to get above 1,400 hurdle

The Stock Exchange of Thailand (SET) in March followed in February's footsteps with a slight gain of 0.5% or 7.27 points to close the month at 1,377.94, with average daily turnover of 41.2 billion baht, down 8.4% from the month before.

VW Workers in Tennessee Vote for Union

The Volkswagen plant in Chattanooga is set to become the first unionized auto factory in the South not owned by one of Detroit’s Big Three.

VW workers in Tennessee vote to join union in win for US labour movement

Victory was part of a $40mn campaign to organise workers at 13 mostly foreign-owned carmakers across the US

Panama Papers trial's public portion comes to an unexpectedly speedy end

The public portion of a Panamanian trial of more than two-dozen associates accused of helping some of the world’s richest people hide their wealth has come to an unexpectedly speedy conclusion. A judge said Friday she would take the two weeks of trial arguments and testimony under advisement. ...

Heaven preserve us! Meghan’s jam brand may have a sticky start

The Duchess of Sussex’s new venture has attracted attention, but homely enterprises struggle to make money

How Ozempic Is Transforming a Small Danish Town

In Kalundborg, population under 17,000, Novo Nordisk is making huge investments to increase production of its popular diabetes and weight-loss drugs, Ozempic and Wegovy.

Ticketmaster's dominance, Caitlin Clark's paycheck, and other indicators

It's highs and lows in this edition of Indicators of the Week! The surprisingly high amount of electricity needed for artificial intelligence, basketball star Caitlin Clark's surprisingly low base salary, plus a potential crackdown on the ticketing company everyone loves to hate (possibly ...

Nex Point looks to Asean's growing EV market

The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia.

Procurement department strives for greener methods

The Comptroller-General's Department, responsible for supervising government procurement amounting to as much as 7% of GDP, is gearing up to enforce green practices among contractors engaged in government projects.

Asian shares slump as Mideast risk rises

RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.

From solar to EVs: How China is overproducing green tech

China is facing more scrutiny from the West over its aggressive export practices — overcapacity and huge subsidies. The US and EU are working to ensure their clean-energy sectors aren't wiped out by unfair competition.

Volkswagen's Tennessee workers vote to join UAW trade union

More than 70% of votes from Volkswagen staff at the Chattanooga factory in Tennessee were in favor of joining the United Auto Workers union. It's a huge shot in the arm in the South for a union centered around Detroit.

Bitcoin's highly anticipated 'halving' event takes place

Bitcoin's rare halving event has taken place, according to crypto analysis firm CoinGecko.

London office property deals abandoned as sellers pin hopes on price recovery

Abandoned property deals have driven investment volumes in the London office market down in the first quarter of the year, but green shoots are starting to emerge. 

Fewer ‘golden visas’ will not dim millionaire demand for bolt-holes

Rules are tightening and prices rising but plenty of schemes remain open for business

The luxury watch market bubble has burst. What next for Rolex, Patek Philippe and Audemars?

The pandemic-era boom, which saw luxury watch prices rise by 20 per cent in just the fourth quarter of 2021, is now over.

A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion

Dau Mabil escaped war-torn Sudan as a child and built a new life in Mississippi. Fishermen found the body of the 33-year-old Mabil floating in a river earlier this month. The case has prompted calls for a federal investigation into his disappearance and death after an initial autopsy did not ...

Why City of London firms are plotting a revolt against the FCA

City firms are plotting a revolt against the regulator and calling on top trade bodies to intervene after the Financial Conduct Authority revealed plans to name and shame the firms it is investigating last month.

Senate passes reauthorization of key US surveillance program after midnight deadline

The Senate has voted to reauthorize a key U.S. surveillance law after divisions over whether the FBI should be restricted from using the program to search for Americans’ data nearly forced the statute to lapse. The legislation approved 60-34 with bipartisan support shortly after midnight ...

Scientists Fault Federal Response to Bird Flu Outbreaks on Dairy Farms

Testing for H5N1 infection has been limited, and the outbreak was thought to be confined. But asymptomatic cows in North Carolina may have changed all that.

The week that was: London woes, hedge funds short on water, and confusing jobs data

Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.

Wipro Q4 Net Profit Falls 7.8% To Rs 2,835 Crore

Wipro also recorded one of the highest declines of 24,516 in the headcount on a year-on-year basis to 2,34,054 during the just-ended fiscal year.

Infosys’s bumper dividend will fetch Narayana Murthy’s grandkid 4.2 crore

SCG unit fined $20m for evading US sanctions on Iran

A unit of Thailand-based SCG Chemicals Plc, part of the Siam Cement Group, has agreed to pay $20 million (735 million baht) to the United States to settle potential civil liability for violations of US sanctions on Iran, according to the US Treasury Department.

Formula E to unveil new car for teams this month

Electric racing championship Formula E will reveal the next model of car that will be used on the circuit. The GEN3 Evo will be in place for season 11 and 12 and aims to build on what Formula E describes as an “evolution” on “the world’s fastest, lightest, most powerful and efficient ...

Voting ends in historic Tennessee Volkswagen union election

Volkswagen workers in Chattanooga, Tenn., voted over three days this week on whether to join the United Auto Workers union. The vote tally is expected to take several hours.

Japan oil refiners to tap reserves in case of Middle East disruption

Japanese oil refiners see no immediate impact from escalating tensions in the Middle East on their crude procurement, but will use the country's reserves in case of contingencies…

How one ‘futurist’ is using tech to run the London marathon faster

'Futurist' Bill Quinn will run the London marathon on Sunday, joining the 50,000 runners on the 26-mile course across London. 

Following Songkran binge, Pattaya hotels exhale for Wan Lai

Hotels in Pattaya and nearby provinces have recorded lower occupancy rates during the "Wan Lai Songkran festival", while hoteliers noted weaknesses in the promotional strategy for the 21-day Songkran celebration.

BOJ chief points to hiking interest rates if inflation keeps rising

Bank of Japan chief Kazuo Ueda said Friday the central bank will "very likely" raise interest rates if underlying inflation continues to increase, stressing future decisions will be…

Will Rishi Sunak’s clampdown on ‘sick note culture’ tackle long-term sickness?

"Reforms to fit notes...won’t help the 2.8m people currently out of work due to their long-term health conditions," David Finch, assistant director at the Health Foundation, said.

Alert: Tennessee Volkswagen employees vote to join United Auto Workers union, boosting its drive to organize nonunion plants

Tennessee Volkswagen employees vote to join United Auto Workers union, boosting its drive to organize nonunion plants.

A Man Hailed as Cindy Birdsong’s Rescuer Is Accused of Exploiting Her

The son of the former Supreme says in court papers that the man who sought to help his mother after she became incapacitated also took advantage of her financially.

Lloyds, HSBC, Barclays and Natwest set for profit boost as interest rate cuts thrown into doubt

The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.

Rishi Sunak expected to unveil new UK warship programme

Premier set to approve plans to replace current amphibious fleet with multi-purpose support ships

Sports investor Arctos to focus on US deals after raising $4.1bn fund

Shareholder of Paris Saint-Germain targets predictable returns of home market where teams are not relegated and share profits

China’s imports of Russian oil near record high in March

Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments. China’s imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5 per cent on the year to 10.81 million metric tons, or 2.55 million ...

Farewell to stock exchanges — fire is not their only enemy

Technology and modernisation were transforming these financial monuments even before the Copenhagen blaze

Inside Novo Nordisk, the Company Behind Ozempic and Wegovy

Novo Nordisk’s factories work nonstop turning out Ozempic and Wegovy, its blockbuster weight-loss drugs, but the Danish company has far bigger ambitions.

Mark Zuckerberg In Beard? Check Truth Behind Viral Photo

Image of the bearded Zuckerberg from the same video began making the rounds on Twitter and other social media platforms.

Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave

Record Store Day celebrates independent retail music sellers who have endured long after megastores like Tower Records closed. The holiday invented at a gathering of independent record store owners and employees in 2007 will be observed Saturday. Each establishment celebrates in its own way. ...

Want To Start Business But Short On Funds? Pitch Your Idea To THIS Billionaire And Get Funding

He feels that he can comprehend and provide more thorough input via email.

Sadiq Khan vows to take on Thames Water and make London’s rivers ‘swimmable’ by 2034

Sadiq Khan says he wants to make London’s rivers “swimmable within ten years” in the face of the sewage scandal.

Iris scan for senior citizens soon? Banks look at options for verifying transactions

Indian commercial banks are considering using iris scans for transaction verification, especially for senior citizens, due to reliability issues with fingerprints and thumb impressions. Discussions are ongoing with the Reserve Bank of India and other stakeholders regarding implementation ...

Elvis’ brother still lives in The King’s Las Vegas hotel. We met him.

Elvis Presley's stepbrother still lives in a Las Vegas hotel. We went to meet him

Parisians struggle to cash in on Olympic Games rentals

A glut of apartments available in the French capital this summer is pushing down prices

HRA claims and tax scrutiny: CBDT assures no review of old HRA mistmatch cases; but here's what experts suggest

HRA claims mismatch: Taxpayers should remain cautious. If there's a discrepancy between the rent paid and the rent received by the landlord, potential tax evasion issues may arise. Taxpayers making false HRA claims, whether intentionally or unintentionally, should be concerned about receiving ...

Nike Layoffs: Company To Fire More Than 700 Employees At Oregon Headquarters

In a letter sent to authorities, Michele Adams, the Vice President for people solutions stated that the “second phase of impacts” will start by June 28.

British ex-soldiers will not be prosecuted over Bloody Sunday perjury

Fifteen former British soldiers and a civilian will not be prosecuted for perjury over evidence given to the Bloody Sunday Inquiry.

For quiet luxury, on your wrist, look to Patek Philippe, Rolex et al

Want to bring a touch of quiet luxury to your watch purchases? Think outside the box, says Laura McCreddie-Doak

Blackstone tunes up £1.2bn bid for Blondie music owner Hipgnosis

The private equity titan Blackstone is this weekend drawing up plans for a £1.2bn takeover bid for the owner of songs performed by Blondie, the Kaiser Chiefs and the Red Hot Chili Peppers.

Biden administration restricts oil and gas leasing in Alaska's petroleum reserve

The administration said it will restrict new oil and gas leasing on 13 million acres in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm.

US seeks alliance with Abu Dhabi on artificial intelligence

Biden administration brokers talks between Microsoft, OpenAI Google and the UAE, as Washington seeks edge over China

In Tennessee, Volkswagen workers vote to join UAW in a historic win for the union

Volkswagen workers at a plant in Chattanooga, Tennessee have voted to join the United Auto Workers union.

FarEye launches initiative to help logistics startups in fundraising, mentoring

FarEye's Innovation Nexus supports startups by leveraging autonomous drones for urban deliveries, enhancing sustainability. It aids in cost reduction, fundraising, and forming transformative partnerships with industry leaders through AI, robotics, and embedded data analytics.

A Bill to Limit Canada’s Trade Negotiators on Farm Goods Edges Nearer to Law

The measure from a member of the Bloc Québécois would ban changes to the supply management system for dairy, poultry and eggs.

After Lidl v Tesco: Business branding may seem like a snoozefest, but get it wrong and it may cost you

After a legal battle of Lidl v Tesco, trademark disputes has been at the forefront of people's minds as the thought of expensive litigation highlights just how important branding is for a business

Americans’ New TV Habit: Subscribe. Watch. Cancel. Repeat.

Many more people are jumping from one streaming subscription to another, a behavior that could have big implications for the entertainment industry.

Scammer shares Important Cyber Security Advice To Man: Paytm’s CEO Vijay Sharma Reacts

In the screenshots, the scammer surprisingly opens up to Arun and explains the method of using APK files to gain control over the victim's phone. 

‘Aging in Place, or Stuck in Place?’

Homeownership is not the boon to older Americans that it once was.

London Marathon: What free things can I get with my medal?

Are you mad enough to be running the London Marathon this weekend, plodding around the capital desperate to make the finishing line? Well if you are, there are a number of brands around the capital that are offering you FREE rewards for completing the 26.2 mile race. All you need to do ...

‘Regular flight schedules restored today; our response far from perfect:’ Emirates president Tim Clark

Premier Energies files IPO papers with Sebi; looks to raise Rs 1,500 crore

Zomato Hit With Rs 11.81 Crore GST Demand And Penalty Order

Zomato tried to clear out the allegations with supporting documents and legal precedents.

Blaming ‘very heavy obligations’ around Tesla, Musk cancels much-anticipated India visit

Cleverly writes to Met Police over ‘openly Jewish’ comment

Home Secretary James Cleverly has written to the Metropolitan Police after an officer stopped a man who was wearing a traditional kippah cap from crossing a road during a pro-Palestinian march on the grounds he was “openly Jewish”. The charity Campaign Against ­Antisemitism released ...

Indo Count, bed linen major, acquires US-based Wamsutta for $10 million

HDFC Bank Q4 Results: Net profit increases marginally to Rs 16,511 crore ; miss analysts' forecast

Ireland’s AIB could be fully privatised by 2025 after bumper profits

Irish banks put crisis era behind them as state cuts holdings

The rare earths mine becoming a bellwether for US minerals policy

Future of South Africa’s Phalaborwa site may depend on strength of Washington’s support

Large Indian real estate developers continue to snap up land: Anarock

The residential segment continues to drive the Indian real estate market, which also reflects in the land deals it is generating. Amid all-time high residential demand, several large and listed developers and other entities continued to snap up land.

You Finished I.V.F. Can You Donate Embryos and Get a Tax Deduction?

Some people may consider donating embryos to researchers in light of Alabama’s I.V.F. ruling and in advance of other state actions. Would it be considered a charitable gift?

Tesla recalls Cybertrucks over accelerator crash risk

The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.

Tories weighing stamp duty change in Autumn statement

The Chancellor is reported to be considering cutting stamp duty in a final autumn statement before the next general election.

Blackstone bids for Hipgnosis in attempt to derail $1.4bn Concord Chorus deal

Emergence of higher offer could trigger battle for music rights owning company

Could the Union Victory at VW Set Off a Wave?

Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor’s most significant advance in decades. But the road could get rockier.

PM’s net zero speech ‘set us back’, head of climate watchdog warns

Rishi Sunak’s decision to water down environmental policies has “set us back” on reaching net zero, the outgoing head of the government’s climate watchdog has said.

Government renewable power co IREDA achieves all-time high profit

Bay Area startup founder gets 18 months prison time, $1 million fine for fraud

Another Bay Area tech startup founder is going to prison for fraud.

After VW plant victory, UAW sets its sights on Mercedes in Alabama

Moscow says 50 Ukrainian drones shot down as attacks spark fires at Russian power stations

Ukraine has launched a barrage of drones across Russia overnight in attacks that appeared to target the country’s energy infrastructure. Russian officials said Saturday that 50 drones were shot down by air defences over eight Russian regions. They included 26 drones over the country’s ...

Pakistan government borrows PKR 650 billion amid economic crisis

The Pakistan government, led by Prime Minister Shehbaz Sharif, has borrowed over PKR 650 billion from banks within a week to address increasing expenses. This extensive borrowing has led to concerns about the economy's sustainability and its impact on development programs and revenue allocation.

Worsening US debt outlook seen more in gold and bitcoin than in bonds

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk.

Bitcoin's latest 'halving' has arrived: What you need to know

Bitcoin undergoes a process known as "halving," which gradually reduces the rate at which new bitcoins are generated, thereby limiting the overall supply. This method has systematically decreased the mining reward over time, aligning with the creator Satoshi Nakamoto's vision to cap the total ...

Third temporary channel opens for vessels to Baltimore port after bridge collapse

A third temporary channel for boats to access the Port of Baltimore has opened as workers keep removing debris from the Francis Scott Key Bridge, which collapsed after it was struck by a cargo ship. Port officials on Friday announced access to an alternate channel to the northeast of the fallen ...

'Halving' arrives for bitcoin miners

The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money. However, since the digital currency's launch in 2009, the reward has been halved for every 210,000 blocks in a ...

House approves sell-or-be-banned TikTok measure, attaching it to foreign aid bill

The bill represents the most serious threat yet to the video app used by half of Americans.

Warm, not too ‘Aussie’: Meet the voice you hear when you’re on hold

Voiceover artist Mark Cowling says the rise of AI-powered voiceovers falls short in conveying authentic emotions.

Legal fight over Trump Media’s ownership adds to its woes

For weeks, two former Apprentice contestants have been fighting with Trump Media, the parent company of Truth Social, over their roughly 8 per cent stake in the company.

Our policies aim to attract manufacturers to India: FM Nirmala Sitharaman

On Saturday, Union finance minister Nirmala Sitharaman emphasized that the government has crafted policies aimed at positioning India as an appealing hub for both manufacturing and services. She highlighted the objective of not only catering to the domestic market but also bolstering exports. ...

Martin Wygod, a Winner on Wall Street and the Racetrack, Dies at 84

After he made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses.

World's 1st recycled diapers go on sale at stores in southwest Japan

A major Japanese hygiene products maker began selling the world's first "horizontally" recycled disposable diapers Saturday at shopping centers in the southwest of the country. The diapers, manufactured…

EPFO added 7.8 lakh new members in February, 56% of them aged 18-25 years

In February, the Employees Provident Fund Organisation (EPFO), responsible for retirement funds, saw an increase of 1.55 million net members, with nearly 780,000 being new additions, according to recently released data. An important observation from the data is the prominence of the 18-25 age ...

German ports to receive security and competitiveness boost

Growing threats and the need to bolster competitiveness have prompted the German government to start work on a national port strategy.

Background check startup Checkr lays off 260 San Francisco workers

The background check startup has raised $679 million and is now cutting staff. 

Truss refuses to apologise for sparking mortgage rate rise - but admits one failing as PM

Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to apologise to homeowners for higher interest rates.

Chicagoans build community while seeking special vinyl on Record Store Day

Commodity traders bet on big data and AI

Sector pushes to harness latest tech tools as competition from hedge funds intensifies

Good News For Senior citizens: Health Insurance Now Available For Individuals Over 65

After the recent changes which came into effect from April 1, 2024 individuals of any age can now purchase new health insurance policies.

Singapore gives top-level briefings to reassure foreign banks on stability

City-state keen to bolster its image as a reliable financial centre at a time of rising US-China tensions

International hotel chains step up plans to expand in Europe

Groups turn to rebrands and conversions to benefit from travel boom rather than invest in costly new-builds

Pharma groups warn of supply crunch over China spying law

Factory inspectors refuse to visit country over fears they could fall foul of tightened rules

Conflict, inflation and market correction weigh on Australian shares

Market watchers expect further pain as tensions between Iran and Israel mount and quarterly domestic inflation figures are released this week.

US pushed behind scenes for approval of corporate carbon offset plan

Kerry advisers lobbied for carbon offset approval to channel funds to clean-energy projects in poorer countries

Surge in maritime violence boosts demand for private security forces

Shipowners pay for advice and armed guards as navies unable to fully protect vessels from pirates and Houthi attacks

Turkish airlines and airports reap rewards from bet on pandemic recovery

Rapid upgrades to infrastructure and fleets and buoyant tourism industry provide boost

Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania

A pause on new liquefied natural gas projects has angered the shale gas industry in a critical election swing state

Golden Visa Programs, Once a Boon, Lose Their Luster

Spain is the latest European country to end its program, which brought in billions of euros from real estate investors seeking residency status but worsened a housing crisis for locals.

Startups want to geoengineer a cooler planet. With few rules, experts see big risks

In a parking lot and on San Francisco Bay, NPR witnesses two different tests for solar geoengineering to tackle climate change. With much science unsettled, experts say regulations aren't keeping up.

News24 Business | 'Upside risks to inflation' Kganyago on oil price, US rates and elections

WASHINGTON, April 20 - South Africa faces upside risks to its inflation outlook, Central Bank Governor Lesetja Kganyago said, but the latest data has not shown evidence of price pressures from food despite adverse El Nino weather wreaking havoc acro

ASX-listed Russian coal miner’s proposed $76m fire sale under scrutiny

Australian authorities are examining a proposed deal that would benefit a fund that has been described as a “slush fund” for Russian President Vladimir Putin.

Takeover battle looms for Hipgnosis as Blackstone makes bid

A takeover battle has begun brewing for Hipgnosis Songs Fund, after Blackstone revealed today it would be making a rival bid.

A coffee roastery in Finland has launched an AI-generated blend. The results were surprising

An artisan roastery based in the Finnish capital has introduced a coffee blend that has been developed by artificial intelligence in a trial in which it’s hoped that technology can ease the workload in a sector that traditionally prides itself on manual work. It is only apt that the ...

The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon

The House has passed legislation that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year. But don’t expect the app to go away anytime soon. House Republicans included TikTok as part of a foreign aid package ...

The Fight to Fend Off Bird Flu With Lasers and Inflatable Dancers

Some poultry growers are turning to innovative tactics to protect their flocks, deploying deterrents like drones, air horns, balloons and decoy predators.

CNN’s Coverage of Man Who Set Himself on Fire Shows Challenges of Live News

There was both praise and criticism of the legal analyst and anchor, Laura Coates, and the network’s split-second decision to show the graphic footage.

BT installs McKinsey partner to head new strategy unit

Secondment marks first move by telecoms group’s new CEO Allison Kirby in her turnaround push

Can the WNBA Make Money?

A wave of star power has lifted hopes that viewership will pick up for the women’s league.

News24 Business | Why chocolate will get even pricier for SA snackers

With the world facing a shortage in the supply of cocoa, South African food companies have said they have started to feel the pinch of rising costs for chocolate production.

Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South

The United Auto Workers union is celebrating a huge win at a Volkswagen plant in Tennessee, where workers will now be represented by the union. The UAW won a stunning 73% of the vote after losing two elections there in the past decade. That is giving the UAW hope of making broader inroads ...

Hong Kong regulator to investigate PwC auditing of Evergrande

Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report". Heavily…

ECB holds interest rate at record high 4.5%

Europe's central bank has left its key interest rate unchanged. The decision, which was widely expected, comes even as inflation continues to fall faster than expected.

Indonesia eyes green energy transition in $1bn investment plan

Talks over EV and geothermal energy deals aim to support government’s hub ambitions

Saab chief warns against EU defence protectionism

Comments from head of one of region’s biggest arms makers come as bloc debates first defence industrial strategy

Why we can’t stop staring at our own faces online

The rise in video calls has birthed a whole new set of problems for tech companies — and us

Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers

Pregnant workers have the right to a wide range of accommodations under new federal regulations for enforcing the Pregnant Workers Fairness Act. The Equal Employment Opportunity Commission adopted an expansive view of conditions related to pregnancy and childbirth in its proposed regulations. ...

Shipping industry turns to high-tech wings for faster decarbonisation

SGS expects to be able to cut vessels’ fuel consumption by up to 30 per cent with its wind-sail technology

Saturday Mornings With the ‘Voice of Problem Gambling,’ Craig Carton

Craig Carton, the bombastic sports broadcaster, shows a different side on a weekly show that focuses on the stories of gambling addicts like himself.

BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash

Asset manager’s CEO has become a popular target for criticism over its ESG investing stance

Direct tax collections exceed estimates in FY24; jump 18% to Rs 19.58 lakh crore

Net direct tax collections experienced a significant increase of 17.7% year-on-year, reaching Rs 19.58 crore in the fiscal year that ended in March 2024, the tax department reported on Sunday. This figure surpassed the revised estimates by a substantial margin. "The provisional Direct Tax ...

New income tax regime vs old tax regime: Which should you pick? Deductions you claim are important

New versus old tax regime: When determining the tax regime for TDS on salary, taxpayers typically use estimated figures for gross total income and proposed deductions. However, once the financial year concludes and the final income and deduction figures are available, precise calculations must ...

'Hide and seek': How Russia is dodging Western sanctions to sell oil to India

From January to February of this year, three new entities named Blackford, Black Pearl, and Vertex have emerged as significant suppliers of Russian crude to India's private and state-owned processors. According to unnamed traders and refinery executives, these companies have made a substantial ...

How Much Return Will You Get By Investing In SBI's FDs? Check Here

Read on to get details of SBI's latest fixed deposit rates in 2024.

Oil price eases as Iran downplays attack

Oil prices eased after Iran said a missile strike from Israel did little damage.

Six of top 10 valued firms take Rs 1.40 lakh cr hit in mcap; TCS, Infosys biggest laggards

Top firms like TCS, Infosys suffered valuation erosion. BSE index down 1.55%. Reliance, HDFC, Bharti Airtel, LIC gained. Infosys disappointed with revenue guidance. Market closed for Ram Navami.

Post Office lawyer 'missed' key Horizon finding

A top lawyer says he and others missed a finding in 2014 that the software could be accessed remotely.

Dubai airlines resume full schedule after flooding chaos

Emirates airline has apologised for the disruption, saying its response was far from "perfect".

FPIs turn net sellers in India stocks amid Middle East crisis

‘I’m happy to be wrong’: Lando Norris surprises himself with China GP finish

Norris took second behind world champion Max Verstappen, who claimed his fourth win from five races.

Hipgnosis would back Blackstone bid if it makes firm offer as bidding war heats up

The board of Hipgnosis has said it would recommend a bid from private equity giant Blackstone to its shareholders if the company makes a firm offer.

Tom Hayes: Ex-Libor trader compares himself to Alan Bates as calls grow for appeal to go to Supreme Court

Tom Hayes, the ex-banker jailed for rate-rigging, has said he was "scapegoated" and compared himself to Post Office campaigner Alan Bates amid calls for his appeal to go to the Supreme Court.

Unilever struggles to find buyer big enough for its ice cream empire

Consumer goods giant Unilever may be forced to hold on to its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.

Asda bosses warned payroll switch could cause problems, report claims

Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.

Banks, retailers and tech giants dominate big blue-chip results week

A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.

Yes Bank Founder Rana Kapoor Granted Bail By Mumbai CBI Court In Fraud Case

Kapoor had to face charges in eight cases filed by both the ED and the Central Bureau of Investigation (CBI) which was related to fraud at the Yes Bank. 

Forest BLAST Premier League VAR as “Luton fan” in wild rant on X

Nottingham Forest have launched an astonishing attack on the VAR from their Premier League match on Sunday, accusing him of being a “Luton fan”. Forest lost 2-0 in a crucial game against Everton which leaves the Nottingham side teetering on the edge of the relegation zone. The visitors ...

Royal Mail shareholder slams takeover bid as government comes under fire

The second largest independent shareholder in Royal Mail's parent company, International Distributions Services (IDS), has publicly backed the company's rejection of a takeover bid.

Man behind O2 Arena plots rival London venue

The American businessman behind Manchester’s new £365m Co-op Live arena is considering building a second glitzy venue in the UK, this time in Hammersmith, arguing the capital is underserved by its current entertainment options.

'Civil War’ continues box-office campaign at No. 1

“Civil War,” Alex Garland’s ominous American dystopia, remained the top film in theaters in its second week of release. That's according to studio estimates Sunday. The A24 election-year gamble, the indie studio’s biggest budgeted film yet, took in $11.1 million in ticket sales at 3,929 ...

Tesla slash prices in China, Germany, and around globe following US reduction

Bidders off starting grid in race for go-karting group TeamSport

A pack of private equity investors have left the starting grid in a race to buy TeamSport, the pan-European go-karting operator.

The green energy ‘big bets’ Australia needs to go after: Sun Cable cofounder

Sun Cable’s cofounder wants Australia to think bigger about the green energy switch, saying the nation should strive to become a renewable energy superpower.

Tens of thousands of Colombians protest against the leftist president's reform agenda

Thousands of Colombians have taken to the streets in the latest rebuke of leftist President Gustavo Petro’s reform agenda. The demonstrations took place in several cities including the capital on Sunday. Protesters filled Bolivar Plaza outside the presidential palace in Bogota. Protests have ...

Tesla cuts its car prices around the world after week of turmoil for the company

The company dropped its starting prices of its Model X, Model Y and Model S by $2,000 in the U.S.

‘Debanking’ complaints to UK financial ombudsman surge

Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheld

Tesla cuts the price of its "Full Self Driving" system by a third to $8,000

Tesla knocked about a third off the price of its “Full Self Driving” system — which can’t drive itself and so drivers must remain alert and be ready to intervene — to $8,000 from $12,000, according to the company website. Tesla CEO and billionaire Elon Musk promised in 2019 that there ...

What the Magnificent Seven’s $1.7 trillion meltdown tells us about the economy

The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.

Taylor Swift’s new album sells 1.6mn copies in US in single day

Large proportion of sales come from traditional vinyl and CD formats

Here’s how all the MPs running the London marathon did

Running a slightly different type of race, a record number of UK MPs and peers entered the London marathon this year.

App to cut EU border queues won't be ready in time

An EU-developed app to ease predicted queues under a new border system will not be ready in time, says Eurostar boss.

London Marathon mania: Record-number of runners fill City’s streets

A record number of people finished the TCS London Marathon, making the 2024 edition the biggest ever in the event’s history. 

Liz Truss admits she should have met Andrew Bailey while in No10

Liz Truss has admitted she should have met with Andrew Bailey while she was in No10.

News24 Business | Discovery offices now have puppies to boost employee wellness

Discovery says research has shown that petting animals releases serotonin, endorphins and oxytocin, mimicking the effect that a mother's love has on babies.

Ocado faces investor calls to abandon London listing for New York

Ocado has reportedly discussed with investors the possibility of moving its listing from London to New York in what would be yet another major blow to the capital's beleaguered bourse.

As the election approaches, both parties adopt a protectionist stance against China

President Biden has called for more tariffs on Chinese steel and aluminum. Both Democrats and Republicans have adopted more protectionist policies in the run-up to the November election.

Cairess and Mahamed bag Olympic spots with stunning London Marathon runs

Cairess ran the second fastest marathon ever by a British man to take third place.

Met Police chief’s future in the balance as political row grows over ‘openly Jewish’ incident

Sir Mark Rowley's future as head of the Met Police hangs in the balance following calls for him to resign over his handling of the pro-Palestine protests in the capital.

Getir departure from UK market could put 1,500 jobs at risk

Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.

Tesla cuts price of Full Self-Driving software by a third to $8,000

HDFC Bank approves Rs 60,000 crore fund raise via debt instruments

After NBA Bans Jontay Porter for Gambling, Some See Glimpse of Sports’ Future

The N.B.A. banned a player for life for betting on games, a practice some worry could become more prevalent with the rise of wagering on sports.

FA to investigate Forest over Twitter rant about ‘Luton fan’ VAR

The Football Association is investigating Nottingham Forest after the Premier League team launched an astonishing social media attack on VAR Stuart Attwell following their 2-0 loss to Everton on Sunday. Forest conceded two goals in their crucial six-pointer against the Toffees via Idrissa Gueye ...

‘It’s a toenail’: Coventry fume as VAR denies FA Cup heroics against Manchester United

If Sir Jim Ratcliffe thought that running the London Marathon at 71 was to be his toughest ordeal on Sunday, his Manchester United team gave him second thoughts.

Call to hike renewable proportion

The government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP), which is scheduled to be finalised in the second quarter of this year.

News24 Business | Ditched workers want jobs back as new owner takes over besieged Optimum Coal Mine

Former Optimum workers gathered outside the mine last week to demand engagement on job opportunities.

How Chinese firms are using Mexico as a backdoor to the US

Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.

NT prepares migration plan as spectrum expiry looms

State telecom enterprise National Telecom (NT) has prepared a plan to migrate customers from its three expiring spectrum ranges to the 700-megahertz range it obtained at the 5G licence auction in 2020.

Honda to invest in Brazil to boost flexible-fuel vehicle production

Honda Motor Co said it will invest 4.2 billion reals ($803 million) in Brazil in a bid to boost its production of "flexible-fuel vehicles," which are powered by…

What Norway’s Home Guard can teach us about preparing for emergencies

The government is using well-trained civilians to protect energy installations against Russian probing

Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut

President Joe Biden frequently cites insulin prices as he promotes a $35 price cap for Americans with diabetes who are on Medicare. Roughly 8.4 million people use insulin, and more than 1 million have Type 1 diabetes and could die without regular access to the medication. The White House says ...

Govt Oil Companies Conducts Free Safety Checks For All LPG Connections

During this inspection, the delivery man will also check all the gas equipment so that there is no possibility of any kind of leakage. 

Former Heathrow boss John Holland-Kaye nets record £6.4m pay

Heathrow airport paid a record £6.4m to its former chief executive John Holland-Kaye, it has been revealed.

Shipbroker Clarkson gears up for shareholder showdown over CEO pay

Shipbroker Clarkson is gearing up for a showdown with shareholders after dishing out £11.9m to its chief executive last year.

News24 Business | Johan Fourie | What SA can learn from Jamaica's debt decline

Jamaica cut its debt from 144% of GDP in 2012 to 72% in 2023 despite averaging annual real growth of only 0.75% over the period, says Johan Fourie.

Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'

Ukrainian and Western leaders have welcomed the passing of a desperately needed aid package for Ukraine by the U.S. House of Representatives. The Kremlin warned the passage of the bill would “further ruin” Ukraine. The House approved $61 billion in aid as Democrats and Republicans banded ...

India's Narendra Modi focuses on economy in election push

Indian Prime Minister Narendra Modi is aiming to win a third term in office in general elections that got underway on April 19. His reelection campaign focuses on economic glory.

Mark Menzies quits as Tories say conduct fell ‘below standards expected of MPs’

Mark Menzies has quit the Conservative Party and will leave Parliament at the next election after an internal investigation found “behaviour below the standards expected of MPs”.

Jon Stewart roasts Bay Area tech CEOs, says Apple stopped him from interviewing critic

Jon Stewart skewered Bay Area tech execs and complained about his Apple bosses.

Israel sanctions: Who has imposed curbs over Gaza war?

Calls for sanctions on Israel over its offensive in Gaza are growing louder. France has refused to rule out curbs, while Turkey has restricted exports of dozens of products to Israel until a cease-fire is announced.

Evaluating the progress of 'quick win' projects

Many digital projects being developed under the Digital Economy and Society (DES) Ministry's "quick win" policy for 2024 are on track, thanks to cooperation from related agencies.

One group was working from home centuries ago. Here’s why it matters.

The pandemic helped jump-start a shift in who works in our economy. Here’s how we can hold on to the gains.

Sector poised to hit B700bn in value

The value of the local e-commerce segment this year is expected to reach 700 billion baht, driven by higher business registrations with the Business Development Department.

VW workers vote to unionise in major win for labour

The United Autoworkers Union took a risk in a Republican - and often anti-union - part of the US.

Mutual fund assets up 2.58% to B5.28tn

Thailand's mutual fund industry registered a net asset value of 5.28 trillion baht in the first quarter, up 2.58% or 133 billion baht from the end of 2023, backed by strong growth of fixed income funds and foreign investment funds (FIFs).

FCA faces backlash over plan to ‘name and shame’ companies under investigation

Proposal has angered ministers and City bosses who fear it will drive businesses out of UK

Warning jailed bankers ruling could hit loan rate

Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.

Eateries push local food in casino areas

The Thai Restaurant Association is asking the government to consider building an integrated entertainment complex, featuring casino, hotel, shopping mall, amusement park and restaurants, in a second-tier area, promoting local dishes to sell in the complex.

You cannot spell retail without AI

In Thailand it is common to hear people refer to shopping as a "hobby". During the pandemic, 94% of Thai consumers said online shopping had come to their rescue during Covid lockdowns.

Can AI help solve Japan’s labour shortages?

Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.

Thai sugar output falls amid drought

Thailand's sugar cane output declined in the 2023-24 crop year, resulting from severe drought, which may affect sugar supply in the global market, says the Office of the Cane and Sugar Board (OCSB).

Small businesses face punitive charges from new Brexit border fees

Trade groups say monthly tariffs that importers of food and plants from the EU will have to pay will add up quickly

HDFC Bank CEO tells investors, gains to follow transition era

HDFC Bank CEO Sashidhar Jagdishan has urged investors to exercise patience during the bank's transition, likening it to the construction of Mumbai's coastal road. He assured that benefits would emerge in due course following this phase of transition. In an investor call following the bank's ...

Premiership rugby: Top four race shows product deserves off-pitch stability

When Joe Carpenter won an 82nd minute turnover against the run of play to hand his Sale Sharks side a 37-31 victory over Harlequins, it catapulted the Mancunians from eighth into sixth in the Premiership table and reduced the deficit to the play-off spots to just three points. With Northampton ...

Supplement sales in Japan shrink 8% after red yeast rice pill scare

Sales in Japan of supplements claiming to have health benefits have fallen 7.7 percent from a year earlier after reports of hospitalizations linked to a red yeast rice…

Singapore orders all employers to consider workers’ flexi-time requests

Workers in Singapore can now ask for four-day work weeks, more work-from-home days and staggered work timings starting from Dec 1, underscoring the global trend of governments and companies relaxing office arrangements in order to retain talent.

Global banking regulator sounds out investors on suitability of AT1s

Debt instrument has been in the spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last year

Consulting firms step up efforts to push out their low performers

McKinsey’s mid-year reviews are the latest attempt to increase ‘attrition’

EU regulator urges action on climate threat to insurance

Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member states

FDIC ponders tighter checks on big ‘passive’ investors in US banks

Proposals would demand asset managers show they are not seeking to control lenders in which they have large stakes

Covid vaccine makers to clash in London over mRNA patent dispute

Moderna alleges Pfizer and BioNTech infringed its patents in use of mRNA platform

Company boards should not be in the business of attacking the proxy messenger

Diligent advisers and engaged investors are vital for a well-functioning shareholder democracy

Bridgepoint considers sale of Swedish drinks maker Vitamin Well

UK private equity group appoints advisers to explore options amid early signs of recovery in buyout market

Tesla shareholders braced for worst results in 7 years

Investors want to know whether electric-car maker is in the midst of a major change in direction

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged

Markets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and ...

China’s Pinduoduo Has Reshaped Discount Shopping

Pinduoduo appeals to people seeking deals and “downgraded spending,” as consumer purchasing in China has slowed recently amid economic rockiness.

FTSE 100 live: London shares set to rise amid growing speculation of BOE rate cut

The daily London market update: Market moving news from the FTSE 100 and around the world from City A.M.

FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings

Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, ...

Asda sales rise amid cost of living squeeze

UK’s third-biggest supermarket targets further debt reduction

Kurdish separatists and water issues loom large in long-awaited Erdogan visit to Iraq

Turkish President Recep Tayyip Erdogan is set to make his first official visit to Iraq in more than a decade. Turkey is seeking greater cooperation from Baghdad in its fight against a Kurdish militant group that has a foothold in northern Iraq. Other issues also loom large between the two ...

Thames Water plots 45pc bill increase in battle to survive

Thames Water aims to increase bills by 45pc over the next five years as its £18bn debt mountain leaves it on the verge of collapse. ]]>

Asian shares shrug off Wall St blues as China leaves lending rate unchanged

Markets in Asia apart from Shanghai's were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID…

The meat of the matter

Plant-based meat manufacturing is catching the interest of many companies eager to develop a new source of revenue.

Why CEO succession is so difficult to get right

Boards are being forced to think about finding future leaders earlier as shareholders demand greater insight

FTAV’s further reading

Garden gnomes; big pharma; intelligent insects; four-day work week

Avatar director James Cameron backs new UK studio scheme

One of Hollywood’s most successful figures says Buckinghamshire site could be regional base for his Lightstorm3D company

What to stream this week: A Bon Jovi documentary, Idris Elba in 'Knuckles' and 'Anyone But You'

This week’s new streaming entertainment releases include the Sydney Sweeney and Glen Powell hit romantic comedy “Anyone But You” hitting Netflix, two teen ghost detectives who appear in DC comic books star in their own series called “Dead Boy Detectives" and a documentary detailing Bon ...

Toubani delivers bonanza-grade gold hit at Mali project

Toubani Resources has returned an impressive 2m hit grading a massive 178 grams per tonne gold from just 69m at its Kobada project in Mali.

Chinese flying taxi sector claims global lead thanks to regulatory support

Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast to be worth $1.5tn a year by 2040

Malaysia plans Southeast Asia's largest integrated circuit design park

KUALA LUMPUR: Malaysia plans to build Southeast Asia's largest integrated circuit design park and will offer incentives including tax breaks, subsidies and visa exemption fees to attract global tech companies and investors, the government said on Monday.

News24 Business | Naspers and Tencent leap as much-anticipated game gets early release

Tencent Holdings shares staged their biggest rally since February after China's biggest internet firm nailed down an earlier-than-anticipated debut of one of the year's most eagerly awaited mobile games.

2024 Maruti Suzuki Swift: Hatchback Receives 4-Star Safety Rating In Japan NCAP Crash Test

According to Japan NCAP crash test results, the 2024 Maruti Suzuki Swift provides strong protection to passengers in frontal and side collisions.  

Ex-Smiths chief set for pay bump after quitting FTSE for smaller US group

Paul Keel in line for multimillion-dollar pay rise despite jumping to a US company half Smiths’ size

This week: economic growth, unemployment, inflation update

The Commerce Department releases its initial estimate of first-quarter economic growth on Thursday. The Labor Department releases its weekly tally of unemployment benefit applications on Thursday. The Commerce Department delivers its March snapshot of U.S. consumer spending and inflation on Friday.

RBI directs payment firms to track high-value, fishy transactions during elections

The Reserve Bank of India has directed regulated payment companies to monitor high-value or suspicious transactions to prevent misuse during elections. This directive aims to curb influence on voters and indirect funding of candidates.

Why I left my leading role at KPMG to start my own accountancy firm for Britain’s SMEs

Warren Mead was 26 years into his corporate career at Big Four accounting firm KPMG before realising he had an unfulfilled knack for entrepreneurship.

Pakistan's benchmark share index breaches 71,000, hits record high; surges 74% in a year

Pakistan's benchmark share index traded at a record high of 71,474 points, up 0.8%, after earlier breaching the key 71,000 level on Monday. The market has surged 74% over the past year and is up 10.43% year-to-date.

Thames Water’s new business plan could see bills rise by over 40 per cent by 2030

Already in the hole for around £18bn, today's update brings the company's expected total cost for its 2025-2030 plans to £19.8bn

CVC co-founder Donald Mackenzie set to net €150mn from public listing

Private equity group’s largest shareholder expected to sell almost 10mn shares in IPO

From Sin City to the City of Angels, building starts on high-speed rail line

Groundbreaking on a $12 billion high-speed passenger rail line between Las Vegas and the Los Angeles area is just about here. A ceremony by Brightline West is set for Monday in Las Vegas with U.S. Transportation Secretary Pete Buttigieg. The company plans to have trains running by 2028 from ...

Championship mania: Leicester, Ipswich, Leeds and Southampton locked in epic promotion race

With three games remaining, four teams are still scrapping over the two automatic promotion places.

UK rules out EU-wide deal on work and study visas for young people

The government has ruled out striking an EU-wide agreement on allowing an exchange of young people to work and study for extended periods of time.

Dirtier and heavier oil in demand as market shifts

Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.

Mobico: National Express owner’s CFO to depart after ‘regrettable’ accounting issues

Mobico Group's CFO will depart after accounting issues caused the firm to delay publication of its full-year results twice.

Mahindra XUV 3XO To Feature Panoramic Sunroof; Check What New Teaser Reveals

The recent teaser by Mahindra suggests that the new XUV 3XO will come with a panoramic sunroof, which will be a first in its segment.

TikTok warns US ban would 'trample free speech'

The US House of Representatives voted on Saturday to ban the app if TikTok's owner does not cut China ties.

Australian politicians join the unhappy queue behind Tesla investors

The Musk fan club is being sorely tested, as the company ricochets between issues including slowing sales, increased competition and falling vehicle deliveries.

China's Chery Automobile to set up Thai assembly plant

China's Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, the Board of Investment (BoI) said on Monday.

The Notebook: How to make an effective change this World Earth Day

Reed CEO James Reed takes the Notebook pen to talk Liz Truss, training the next gen, and effective charity through the Big Give.

Hipgnosis: “Minded” to go with Blackstone in takeover battle if £1.2bn bid firms up

Concord had valued Hipgnosis Song Fund at $1.4bn (£1.1bn) in its bid last week, but Blackstone floated an offer seven per cent higher.

Business Success Story: Introducing THIS Entrepreneur—A Once 19-Year-Old Millionaire Who Founded Navrattan, Now A Billion-Dollar Company

His latest endeavour involves the introduction of green cement, marking a historic milestone in India’s construction industry.

Sensex Climbs 640 Points; Nifty Tops 22,300-Level In Early Trade

Extending its previous day's rebound, the 30-share BSE Sensex climbed 639.85 points to 73,728.18 in early trade. The NSE Nifty went up 190.1 points to 22,337.10.

Stock market today: BSE Sensex surges 450 points; Nifty50 above 22,250

Stock market today: This week is expected to be important for financial markets as concerns about a potential Iran-Israel conflict persist. Indian equity benchmark indices, BSE Sensex and Nifty50, surged in trade on Monday.

‘Magnificent Seven’ sell-off ahead of big week for big tech

Big tech share prices have been dented by a sector-wide sell-off of risky assets ahead of four "Big six" firms reporting Q1 results.

London and New York are partners for prosperity

Together, London and New York can use financial and professional services to drive prosperity on both sides of the Atlantic, says Chris Hayward London and New York are the twin pillars on which the global financial system rests. The United States is our single largest trading partner, worth ...

Larger properties drive UK asking prices to near-record high

Rightmove data comes against a backdrop of recent volatility in mortgage market

Vape firm claims it will survive UK disposable ban

Elfbar-maker will "pivot" to reusable vapes, says distributor, but critics say it is exploiting a loophole.

Another round of FDI reforms? Liberalisation of Defence, Banking, Insurance foreign direct investment norms on the cards

The government is exploring the possibility of relaxing foreign direct investment norms for banking, insurance, and defence sectors. Talks are ongoing to ease conditions for these key sectors post-elections in June. FDI equity inflows saw a 13% decline year-on-year, totaling $32.03 billion ...

Zomato Hikes Mandatory Platform Fee By 25% To Rs 5

Zomato had earlier this month introduced its first large order fleet. Zomato Founder and CEO Deepinder Goyal posted on X.

AIM delistings jump 62 per cent as London’s small cap market suffers

The number of companies delisting from London's Alternative Investment Market (AIM) has soared past pandemic-era highs.

Londoners back stop and search as violence cost taxpayers £7bn, poll finds

Londoners backed stop and search in a bid to slash crime rates, pollsters found, as it emerged violence cost the capital’s taxpayers £7bn last year.

Rate of small firms in Japan hiking wages rises to 63% in FY2024

The proportion of small and midsize firms in Japan raising base pay has increased from the previous fiscal year to reach 63.1 percent amid high inflation and acute…

Business ‘debanking’ complaints nearly double in a year as MPs warn of ‘unfair’ account closures

The number of official complaints over business "debanking" has almost doubled in the last year, new figures show, as MPs accuse lenders of "unfairly" closing customers' accounts.

Political scraps over public or private ownership are a distraction to solving Britain’s railway woes

Delays, cancellations and strikes - the UK's railways are in a mess. But both parties' solutions for fixing the nation's rail network are flawed, argues Guy Taylor

Tyman: Building products supplier set to go stateside as Quanex agrees terms for £788m takeover

Building products manufacturer Quanex has agreed terms to buy London-listed peer Tyman for £788m, in a deal that would see the combined group float in New York.

‘Truss playbook’: Labour attacks Susan Hall’s ‘unfunded’ spending plans

Labour have today attacked Conservative mayoral candidate Susan Hall’s “uncosted” spending plans for City Hall as “straight out of the Liz Truss playbook”.

Meet the fund managers: Lessons from 40 years in the investment industry

In City A.M.'s weekly series, Elliot Gulliver-Needham sits down with David Coombs, head of multi-asset investments at Rathbones.

Delhites Are Most Forgetful Cab Riders; Check What THIS Survey Has Revealed

According to a survey by Uber, Delhites ranks first in terms of forgetting luggage, followed by people from Mumbai, Bengaluru, Hyderabad, and Pune.   

Light Brigade pub for sale in frothy market

The popular eastern suburbs watering-hole is on the market as its owners focus on its Sydney northern beaches portfolio.

FCA senior man on the move to growing comms agency

A SENIOR ADVISOR at the City watchdog is set for a new gig at a growing comms and public affairs firm. FCA man Ramesh Chhabra is to leave his role as right hand man to CEO Nikhil Rathi for a job at Lexington, the expanding comms agency. Chhabra – regarded as one of the most effective comms [...]

Fourth Bitcoin halving is a moment For celebration

By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half  every 210,000 blocks, roughly every 4 years. This increases Bitcoin's scarcity and makes it harder to mine. However, no developers press a deploy button, and there ...

Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals

The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.

Thames Water warns of even bigger surge in bills under new plans

The UK's biggest water company has put forward an investment offer that could increase customer bills even more than the 40% rise it already requested.

A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution

Hong Kong has passed a legislation to stop the sale and distribution of Styrofoam products and single-use plastic cutlery as a way to reduce the amount of plastic waste in the city. Restaurants in Hong Kong will not be able to provide single-use cutlery to dine-in customers and for takeaway ...

Frenkel Topping posts double-digit revenue growth and a new acquisition

Frenkel Topping reported double-digit growth in revenue and profit over the 2013 financial year, as the firm announces a new acquisition.

Consumer watchdog refuses to certify green labelling scheme

The ACCC has not certified a key federal government program used by more than 500 companies to promote their environmental credentials.

Iceland boss thanks medics who ‘saved his life’ after collapse in London Marathon

"I collapsed and fell unconscious less than 2 miles before the London Marathon finish line with hyperthermic shock - body temp was 42 and rising."

Edelman names ex-Snapchat creative lead as UK head of digital

Edelman has hired a social media expert who has experience working for Snapchat, and on accounts including Google and Amazon, as its UK head of digital.

How Can Elon Musk Reassure Tesla Investors?

The electric vehicle maker has announced price cuts and a Cybertruck recall ahead of Tuesday’s pivotal earnings report.

City of London has ‘record’ office leasing deals allaying hybrid work fears

The City of London market saw a record 331 office leasing deals in 2023, the joint highest number recorded over the last 10 years, defying concerns the area had experienced a downturn following a rise in hybrid working patterns. 

Made Tech shares jump 35 per cent as lucrative government contract announced

Since 2019, data services firm Made Tech has won three major government contracts worth a combined total of around £12.6m.

Kimberly Palmer: How to escape from a money rut

Getting out of a money rut, whether it relates to overspending or struggling to pay off debt, can be challenging. But money experts say it’s possible, especially if you start with a mindset shift. Repeating empowering affirmations and forgiving yourself for money mistakes can be helpful. ...

Peers call on regulator to halt ‘name and shame’ plans as City fury grows

An influential group of peers has called on the Financial Conduct Authority (FCA) to halt plans to ‘name and shame’ the firms it is investigating as fury over the proposals grows in the City.

Asda profits up to £1.1bn in 2023

Profits at the UK's third-biggest supermarket chain grew 24% in 2023, topping more than £1bn in a year where households struggled with the cost of living.

Jeep Compass 4x2 AT Review: Expensive But Excellent Ride & Handling

I drove the Jeep Compass 4x2 diesel Automatic top-end Model S for almost 400 km and here is what I have learned about its engine, ride & handling.

RBI Directs Payment Companies To Report Suspicious Transactions Ahead Of Lok Sabha Elections

Banks have been directed to share everyday reports to the poll panel by the Chief Election Commissioner (CEC)

Train drivers at 16 rail companies to strike next month

Train drivers at 16 rail companies will stage a series of fresh strikes next month in their long-running pay dispute, the Aslef union has announced.

The Big Curry Lunch at Guildhall: City of London dresses up to raise thousands

The Lord Mayor throw their annual Big Curry Lunch for charity - we sat down for dinner

Vodafone Idea's Rs 18,000 crore FPO fully subscribed with strong global institutional investors’ interest

Vodafone Idea's FPO, India's largest, fully subscribed. Global investors like GQG, Capital Group, Fidelity Investments participated. Strong demand from QIBs. Shares priced Rs 10-11. Share price doubled in a year.

Phuket expects roadshow will lure million extra Chinese

PHUKET: Phuket is preparing for an extra one million tourists from China this year, expected after a tourism promotion in three Chinese cities.

Low-cost wealth creation opportunity: Why financial planners are recommending Nifty 500 over Nifty 50

Financial planners are suggesting Motilal Oswal Mutual Fund's Nifty 500 Index Fund to clients seeking a streamlined equity portfolio with fewer schemes. The fund, encompassing a diverse range of companies across large-cap, mid-cap, and small-cap segments, has outperformed the Nifty 50 in recent ...

7 Simple Tips And Tricks To Cut Down Your AC Bill This Summer

Usage of Air conditioners in summer ends in hefty electric bills, however, a little care and mindfulness in the usage of AC will reduce a lot of burden on your electric bill. Check some tricks and tips

Apple’s India stores join ranks of iPhone maker’s top-performing retail stores globally

Apple's two company-owned outlets in India have completed a successful first year, reporting significant revenue and paving the way for expansion. The two Apple stores have clocked monthly average sales of Rs 16-17 crore each consistently since their launch. The Mumbai store revenue has been ...

Byju's Pays Partial March Salary Dues Ahead Of NCLT Hearing: Report

The global ed-tech company will have to face a hearing at the National Company Law Tribunal (NCLT) on Tuesday.

News24 Business | Nick Hedley | To tackle SA's looming water crisis, start with its toilets

Just as it seems a resolution to the country's electricity crunch may be on the horizon, South Africa is staring down the barrel of a crippling water crisis - and again, negligent politicians are to blame, says Nick Hedley.

Markets Sustain Winning Streak; Sensex Jumps Over 560 Points, Nifty Tops 22,300-Level

Extending its previous day's rebound, the 30-share BSE Sensex climbed 560.29 points or 0.77 per cent to settle at 73,648.62. During the day, it advanced 679.47 points or 0.92 per cent to 73,767.80.

Allica Bank: Fintech darling reports first annual profit as loan book swells to £2bn

Allica Bank has reported its first annual profit since it launched three years ago, with its revenue more than doubling on the back of bumper lending growth, a surge in deposits and a boost from higher interest rates.

News24 Business | SA's 'calculated risk' in siding with the West's rivals has paid off... for now

South Africa is playing all sides when it comes to foreign policy as the country seeks to position itself as a leading voice of the Global South, and the approach seems to be working — so far.

Biden is marking Earth Day by announcing $7 billion in federal solar power grants

President Joe Biden is marking Earth Day by announcing $7 billion in federal grants to provide residential solar projects serving 900,000-plus households in low- and middle-income communities. He also plans to expand his New Deal-style American Climate Corps green jobs training program. ...

Norilsk Nickel to move copper smelter from Russia to China as sanctions bite

Vladimir Potanin says metals group will start production in China from 2027 due to difficulties in international payments

B Lab delays decision on whether Havas London will remain a ‘B Corp’

Media giant Havas London’s B Corp status continues to hang in the balance, after the accreditation’s gatekeeper chose to delay the conclusion of its investigation into whether its work with Shell is reconcilable with B Corp values.

Four 'American Indicators' share their view of the U.S. economy — and their politics

The economy is a top voting issue for many Americans. Four "American Indicators," people reflecting different sectors of the economy in different parts of the country, talk about their politics.

New York Stock Exchange tests views on round-the-clock trading

Poll comes as US regulators review Steve Cohen-backed proposal for a 24/7 exchange

Tesla To Get New Feature; Check What Elon Musk Has Revealed

Elon Musk said on Sunday that Tesla car users will soon get an integrated experience with the X social media platform.

Exxon leads industry fight against UN plans to limit plastic

Petrochemical companies oppose global agreement that would cut production to curb pollution

Thames Water pushes up spending promise by £1.1bn

Troubled utility asks regulator to approve higher spending and potential rise to bills

Heathrow Airport strikes to cause ‘severe disruption’ on May bank holiday weekend

Strikes at Heathrow airport could see flights delayed and "severe" disruption over the May bank holiday weekend, a union has warned.

Solar Intentions, an astrology-themed sober bar, predicts late summer opening

Almost 500 jobs saved as private ambulance company sold out of administration

Almost 500 jobs have been saved after a private ambulance company was sold out of administration.

UK’s asset managers need more than a change in macro mood

The basic issue for the sector is that revenues are flatlining

Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers

The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.

States Move to Ban Deepfake Nudes to Fight Sexually Explicit Images of Minors

Legislators in two dozen states are working on bills, or have passed laws, to combat A.I.-generated sexually explicit images of minors.

Hornby: British model railways maker’s shares tumble as Red Sea delivery delays hit sales

Hornby, the British manufacturer of iconic model railway sets, has flagged a dip in sales after deliveries were delayed by Red Sea ship attacks.

London-listed JTC buys First Republic trust administration unit in JP Morgan carve out

London-listed firm JTC has struck a deal to acquire one of First Republic's trust administration arms from JPMorgan Chase for $21m.

Noida International Airport Conducts First Calibration Flight, First Phase To Be Operational By December 2024

The Noida International Airport conducted its first Doppler Very High Frequency Omni Range (DVOR) calibration flight to test navigation systems of the Noida airport.  

Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout

High costs and concerns over efficacy and side effects limit uptake of first treatment as another nears approval

Fresh train strikes to disrupt commuters in May as drivers walk out again

Train drivers at 16 rail companies will launch another series of one-day strikes in May, it has been announced.

Butcher’s dog food maker significantly cuts losses as sales surge

The family-owned pet food business behind brands such as Butcher's significantly cut its losses during its latest financial year, it has been revealed.

Six Nations owner CVC targets £13bn valuation in Amsterdam IPO

Six Nations owner CVC is targeting a value of up to £13bn (€15bn) when it launches a much delayed float in Amsterdam this week, the firm announced today.

A TikTok ban in the United States took a step closer to becoming a reality

The House overwhelmingly approved a bill Saturday that could lead to the company being banned in the U.S., and it's on a fast track to President Biden's desk.

Morning news brief

Opening statements set for Monday in the New York criminal trial of former President Trump. TikTok faces what might be its biggest threat yet in the U.S. The U.S. Supreme Court takes up homelessness.

Many in Gen Z ditch colleges for trade schools. Meet the 'toolbelt generation'

With demand for jobs like HVAC technicians, electricians and wind turbine installers, enrollment is ticking up at vocational schools as four-year college costs continue to soar.

‘I can finally breathe’: Nelly Korda relief at equalling LPGA Tour record in Chevron win

The world No1 became the first player for 19 years to win five tournaments in a row on the LPGA Tour.

Germany accuses couple of spying for China

A husband and wife team allegedly conspired to smuggle sensitive military technology out of Europe on Beijing’s orders

Helical extends London Wework lease amid takeover talks

Property investment and development company Helical has extended its lease with Wework until June following a decision late last year to remove the struggling hybrid workplace provider after it could no longer pay its rent. 

Volkswagen vote sets a new trajectory for labor unions in the American South

Workers at a Volkswagen factory in Tennessee have voted to join the United Auto Workers union. NPR's Leila Fadel talks with the union's president Shawn Fain.

For Sale: A Rare Klimt Portrait, Valued at $32 Million. But of Whom?

The painting’s re-emergence after decades has come with a swirl of questions about its subject, one of three related teenage girls.

Debt-strapped European games group Embracer plans 3-way split

Manager of ‘Tomb Raider’ and ‘Lord of the Rings’ franchises to restructure as it works to pay down debt

Australian leader criticizes X for failing to remove church violence content

Australian Prime Minister Anthony Albanese has criticized social media platform X for refusing to remove graphic posts about a knife attack on a bishop and priest in a Sydney church last week. X Corp. announced last week it would fight in court an Australian regulator's orders to take down ...

Japan's anti-monopoly body orders Google to fix ad search limits affecting Yahoo

Japan’s antitrust watchdog says U.S. search giant Google must fix its advertising search restrictions affecting Yahoo. The Japan Fair Trade Commission decided Monday that its recent study of Google’s practices showed it was undermining fair competition in the advertising market. Google did ...

Africa-focused fund draws early investors to tech industry

TLcom Capital doubles previous amount to raise $154mn for continent’s start-ups in a move that could help ease sector gloom

Is Online Shopping Bad for the Planet?

In theory, getting deliveries can be more efficient than driving to the store. But you may still want to think before you add to cart.

What is going on with London house prices? It’s messy, but green shoots are appearing

After a challenging few years green shoots appear to be emerging in London’s property market. 

Golden boots all round: English goalscorers eyeing historic success at home and away

It may not be a vintage season for Premier League clubs in Europe but in other respects English football is the toast of the continent.

Want A Sparkling Clean Car? Use THESE Household Items To Save Money

There are various household items which can not only deep cleanse your vehicles but can also save you a lot of money.

Vienna has brilliant wine. Why is no one talking about it?

Why is no one talking about Austrian wine? Asks our columnist Libby Brodie

Mobico finance chief to exit after delays to results

National Express owner says Helen Cowing will replace James Stamp as it publishes 36% drop in annual profits

TikTok gears up for legal fight in US to prevent ban

Company will ‘move to the courts’ after Congress pushes ahead with bill demanding Chinese parent sells viral app

PM Srettha pitches to host Formula One race to bolster tourism

Thailand is staking claim to host a Formula One race, with Prime Minister Srettha Thavisin pitching Bangkok as a circuit for a street race that will help burnish the nation’s status as a major tourism hub.

US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up

Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.

Prepayment meter payout numbers 'unacceptable'

Just 1,500 out of 150,000 people have received redress after the force-fitting of prepayment meters.

Can touchless tech create 'equitable' gaming?

Click reporter Paul Carter has a go at playing Minecraft with his eyes.

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EU approves new antibiotic to tackle rise of superbugs

Pfizer’s Emblaveo to be aimed at some of the most dangerous drug-resistant bacteria

Toyota Fortuner Leader Edition Launched in India: Details

The Toyota Fortuner Leader Edition is powered by a 2.8-litre diesel engine and generates 201 horsepower.

AirAsia among bidders for Sri Lanka's national carrier

COLOMBO: AirAsia is among six bidders for Sri Lanka's state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion International Monetary Fund (IMF) programme.

Competition regulator wins ‘important’ legal challenge over search warrants

The competition watchdog has won a legal challenge against the Competition Appeal Tribunal over domestic search warrants for an alleged cartel investigation

Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority

If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.

News24 Business | OPINION | Earth Day: Informal waste pickers lead fight against Africa's plastic pollution

In South Africa, informal waste pickers have plugged a hole in the waste management system by collecting reusable and recyclable materials from residential and commercial garbage bins, writes The African Climate Reality Project.

New BLM rule limits new oil, gas leasing in Alaska reserve

The Interior Department's Bureau of Land Management has finalized a rule that restricts new oil and natural gas leasing on 13 -More- 

Seraphim Space investment trust manager sells assets to itself to unlock value

Seraphim Space investment trust has sold its stake in all nine of its early stage companies to a new venture capital fund managed by Seraphim.

Monday evening news briefing: Rwanda Bill returns to Parliament for final showdown

Electric cars switch out of fast lane

Also in this newsletter: sharp increase in military spending, Exxon speaks out to defend plastics, flying taxis

Survey: Inflation, high rates are top financial risks

Inflationary pressures and higher-than-expected interest rates were the top risks to financial stability in a recent Federal  -More- 

Scientists develop simple test to boost cancer detection in poorer countries

Technique highlights concerns shifting global disease burden as populations age

The wrong trousers? Retail has a new solution to the returns problem

Online retailers are keeping quiet about ‘returnless refunds’ but they are becoming more common

Grindr sued for allegedly revealing users' HIV status

The LGBTQ+ dating app is being sued in a class action lawsuit over allegedly misusing users' data.

Key inflation gauge could give Fed more reason for caution

Projections suggest that the personal consumption expenditures price index -- a measure of inflation closely watched by the F -More- 

Dallaglio charity in gruelling 1,500km cycle from Rome to Nice

A gruelling cycling challenge spearheaded by Rugby World Cup winner Lawrence Dallaglio is into its second stage as a peloton cycle from Rome to Nice in aid of charity. The 1,500km challenge aims to raise £100,000 for RugbyWorks, a charity founded by the England international. Dallaglio said: ...

Stagwell opens European HQ in London

Nasdaq-listed holding company Stagwell, which has a network of more than 70 agencies including PR firms such as Allison, Hunter and KWT Global, has opened a new office in London.

GH Bank preps low-interest loans for greener homes

Government Housing Bank (GH Bank) is offering low-interest loans totalling 10 billion baht to purchase or renovate homes so that they become more environmentally friendly and reduce pollution for residents.

Phyllis Pressman, Luxury Superstore Matriarch, Is Dead at 95

She started working at Barneys to be closer to her husband. Then, she became the architect of the Chelsea Passage, the home goods bazaar that helped make it an enticing destination.

You have to hold yourself accountable for your actions, and that's how we're going to protect the Earth.

Julia Butterfly Hill, environmental activist April 22 is Earth Day

All eyes on first-quarter earnings

We are entering the seventh month in which the Thai stock market is in limbo and stuck in sideways mode. Sentiment for global risk assets in general continues to be influenced by external macro factors such as:

SET bounces back as war fears ease

The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.

Toyota launches all-new land cruiser 250 series in Japan

Toyota Motor Corp has announced the addition of the "250" series to the Land Cruiser lineup in Japan. Alongside this, it has also released the special edition models…

Tisco sees high-yield lending strategy spurring NPLs

Tisco Bank expects its non-performing loans (NPLs) to rise this year as the bank focuses on high-yield loans in an effort to enhance returns.

Renewable energy access gaps affect manufacturers

States vary widely in the amount of wind and solar power they have access to, with Alabama, Kentucky, Tennessee, Louisiana an -More- 

How prices have risen in response to Calif. wage law

Some brands have already implemented price increases to deal with the California law that recently raised the minimum wage fo -More- 

Centara launches new Vientiane hotel

Thailand's leading hotel operator Centara Hotels & Resorts has announced the opening of Cosi Vientiane Nam Phu.

Vodafone’s India unit staves off collapse after record $2.2bn fundraising

Country’s largest share sale draws investors including GQG Partners and Fidelity

RIL's Q4 profit flat at Rs 21k crore, revenue rises 11% to Rs 2.4 lakh crore

Reliance Industries reported a nearly unchanged quarterly profit, while its revenue increased by 11% to Rs 2.4 lakh crore. This growth was driven by the robust performance of its oil & gas and oil-to-chemical (O2C) segments, as well as the rapid expansion of its retail and digital services ...

Call to elevate 10 second-tier provinces

The Thai Chamber of Commerce (TCC) has called on the government to promote 10 second-tier provinces as first-tier tourist provinces to expand revenue distribution.

War worries put pressure on baht

The baht could weaken to around 37.20 baht to the US dollar later this week from its six-month low of 36.9 baht on Monday due to continuing concerns over the conflict in the Middle East, while US economic figures due this week are likely to support dollar strength, says Kasikorn Research Centre ...

London keeps spot as world’s top green finance centre as New York toppled from second place

London has been named the world's top centre for green finance for the fifth time in a row, according to a new survey, as Swiss cities topple New York from second place.

Premier urged to tackle overtourism

With opposition to overtourism arising in many countries, Thai tourism operators are urging the government to seriously consider the nation's carrying capacity, while some have suggested collecting a 300-baht tourism tax in a bid to solve the problem.

Survey: HR expects AI will make recruitment faster

A global Indeed survey found 68% of HR decision-makers expect AI to make the recruitment process faster, although 49% believe -More- 

The existential threat to Bitcoin

Last week’s halving of the supply of new bitcoins and the consequential halving of revenue to the cryptocurrency’s miners raises big questions for its future.

Crown Resorts wins NSW licence in blow to struggling Star Sydney

Chief Commissioner of the NSW Independent Casino Commission, Philip Crawford, said Crown has come a long way and must now demonstrate its long-term commitment to maintaining suitability.

US sues to block Coach and Michael Kors merger

The US competition watchdog has taken legal action to stop Tapestry's $8.5bn takeover of rival Capri.

Tensions between Beijing and Washington are the biggest worry for US companies in China, report says

A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China. The survey of American companies said inconsistent and unclear policies and enforcement, rising labor costs and data ...

US watchdog sues to block $8.5bn handbag takeover

The US competition watchdog has taken legal action to stop Tapestry's merger with rival Capri.

Insider Q&A: Trust and safety exec talks about AI and content moderation

Alex Popken was a trust and safety executive at Twitter, leaving in 2023 after a decade at the social media company focusing on content moderation. Now, she serves as the vice president of trust and safety at WebPurify, a content moderation service provider that works with a broad range ...

NI postmasters to have names cleared under new law

The bill will quash convictions brought about by the scandal, with those affected offered £600k.

Tennessee Volkswagen workers defy decades of union failures by voted to join the UAW

Tennessee Volkswagen workers voted yes to join the UAW union. It was a historic moment could be the turning point for more unionization in the South.

Work alongside studies: Germany targets Indian students to address labor shortages

Bank of Thailand to adjust rates amid changes: deputy chief

WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

How I built a business that helps you earn money from your online data

Have you ever thought about using your online data to buy a sausage roll from Greggs?

Electric car sales to rise but affordability in focus, IEA says

Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth.

TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington

Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban

London firms warn inflation is top concern ahead of mayoral election

London businesses are still saying inflation is their top concern ahead of the mayoral election next week.

Hunt borrows billions more than forecast despite raid on taxpayers

Jeremy Hunt has missed his annual borrowing target in a blow to the Chancellor’s efforts to get the deficit down. ]]>

Regulatory burden on business up by £6bn a year under Conservatives

The regulatory burden placed on businesses has risen by £6bn a year under the Conservative government, a new report has found.

How US shale keeps sheltering America from the next oil price surge

Middle East turmoil no longer poses such a threat to the world’s thirstiest petrol consumers

Who’s getting rich from CVC’s IPO?

Plus, big consulting firms look to pare down their ranks and Blackstone makes a bid for Hipgnosis

US advances review of Nevada lithium mine amid concerns over endangered wildflower

The Biden administration has taken a significant step in its expedited environmental review of what could become the third lithium mine in the U.S. That's assuming it can withstand anticipated legal challenges from conservationists who fear it will lead to the extinction of an endangered Nevada ...

Lou Malnati's aims to honor 10 teachers with a year of free pizza

How the secret of sleep keeps us awake

Businesses can keep exploiting our tiredness while scientists seek to explain the mechanics of it

Slumping EV sales should not ring alarm bells in Europe — yet

European carmakers should use this market slowdown to play catch-up with Chinese rivals

EU companies grapple with expiry of Russia sanctions carve-out

Europe-based multinationals will no longer be able to offer professional services to Russian subsidiaries from June

Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens

The community canteens, offering huge plates for a dollar or two, have become popular among penny-pinching young professionals.

Can long-term mortgages help solve the UK’s housing crisis?

Home loans with interest rates fixed for a decade or more could get more buyers on to the ladder — and disrupt a £1.6tn industry

The IMF says the UK is primed to benefit from AI – the next government must not waste this opportunity

The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits as soon as possible, Chris Dorrell writes

Post Office scandal exposes ethical dilemmas of general counsel

The affair highlights the responsibilities of in-house lawyers when warned of improper practices in their organisation

Starbucks takes on the federal labor agency before the US Supreme Court

The U.S. Supreme Court is set to hear oral arguments in a case filed by Starbucks against the National Labor Relations Board. The case stems from Starbucks' firing of seven workers who were trying to unionize their store in Memphis, Tennessee. The labor board asked a court to intervene and ...

China’s ageing tech workers hit by ‘curse of 35’

Discrimination against older employees particularly apparent in sector where executives openly state preference for youth

Mediterranean ports warn of overflowing storage yards in latest threat to supply chain

Operators say ports severely congested because of Red Sea disruptions

BCG says AI consulting will supply 20% of revenues this year

CEO projects share of sales will double as companies integrate technology into operations

Elon Musk accuses Australia of censorship after court bans violent video

Tech billionaire Elon Musk has accused Australia of censorship after an Australian judge ruled that his social media platform X must block users worldwide from accessing video of a bishop being stabbed in a Sydney church. Prime Minister Anthony Albanese responded Tuesday by describing Musk ...