Florida examines wreckage caused by Hurricane Milton
On Thursday, rescue operations began in Florida as officials assessed the damage caused by Hurricane Milton. The…
Monthly Archives
October 2024
TSB fined £10.9m for ‘worse’ systems that place customers at risk
The UK's financial watchdog has fined TSB Bank £10.9m after finding that its "woreful" system put customers at…
TGI Fridays pays workers following redundancy row
TGI Fridays, the restaurant group, has finally agreed to pay its workers what they are due after being laid off.…
Mark Carney: Change the fiscal rules so that the assets of the nation are included
Mark Carney, former governor of Bank of England has given his support to Labour's proposal that the national debt…
Financial Times records record readership
The Financial Times reported a record number of paying readers at 1.4 million, although profits dropped sharply…
Matt Brittin resigns as Google Europe boss
Google's UK and Europe boss is retiring after nearly two decades in which he guided the internet giant to a $2…
Unilever finally sells a Russian unit to a local tycoon, after years of intense…
Unilever sold its Russian subsidiary for €520m to a local group after being criticized for continuing operations in…
The new HSBC boss targets senior bankers to save $300m
HSBC will make a second effort to combine its Commercial Banking Division with its Global Banking and Markets Unit…
Brookfield wins warehouse giant Segro for £1.1bn
Brookfield, a major investment group in the world, has outbid a competitor and agreed to a deal worth £557million…
US inflation drops to 2.4%, raising hopes for a base rate reduction
Last month, the consumer prices in America declined more slowly than anticipated as rising food and housing costs…
NHS to be saved by private hospitals
The NHS plans to use private hospitals to address a growing crisis as part of a £1 billion initiative to reduce…
Parliament will soon be considering new laws that would prevent a repeat of the…
Laws to prevent a repeat of the P&O Ferries mass sackings scandal will be presented to parliament this week as…
Boeing withdraws its pay offer to striking employees
Boeing has pulled its 30 percent pay offer to striking factory workers as negotiations to end the costly strike…
Pockit purchases Monese in order to serve the “unbanked”
Pockit, a business that provides financial services to the "unbanked", acquired Monese from HSBC, resulting in a…
Rio Tinto purchases Arcadium Lithium at a cost of $6.7bn
Rio Tinto struck a $6.7billion deal to acquire a lithium miner, making it the third largest producer in the world…
Mondi completes €634m deal with German rival
Mondi, a FTSE 100 packaging company that failed in its bid to acquire UK rival DS Smith has acquired a German…
Chinese stocks have their worst day since the pandemic
Chinese stocks fell the most in a single day since the pandemic, amid fears the government's measures to revive the…
Google criticizes ‘radical US proposal’ to split parent company
The US government may ask a judge for an order to dissolve Alphabet, Google's parent company.
The US Department…