Investors left with a sour taste after losing money on meat substitutes
Walter Robb, the former co-chief executive of Whole Foods in February 2021 described the gradual shift by consumers…
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The traders are betting on higher US interest rate
After unexpected rate increases in Canada and Australia, and strong US job data, the hopes of rate reductions later…
Brazil divided on oil drilling proposal in the Amazon Delta
The proposal to drill oil off the mouth the Amazon River has revealed a rift within the cabinet of Brazilian…
FirstGroup shares rise on the back of a strong bus and rail results
FirstGroup shares, the Aberdeen-based bus and train company, rose more than 17 percent on Thursday, after the…
AI revives software stocks
There's no way to know which companies will use the technology best or how they'll get their customers to pay.…
Saudi Arabia’s loss of control over oil prices
It was a time when Saudi Arabia could control the future or at least, the future of world economics.
The…
Sunak gets a boost as British AI chief praises Britain
In a major boost for Rishi Sunak, US data giant Palantir said that Britain was a better place than the EU to…
AI could be the end of investors’ love affair with AI
We know that we should be focusing on the future, but we are often fixated on the present.
Earnings for the…
HSBC cancels all new mortgages after a flood of demand
Banks withdraw mortgages amid rush to lock in deals at rising rates
HSBC pulled all its mortgages…
Eurozone dips into recession
At the beginning of this year, the eurozone economy entered a recession as the decline in German and other large…
UK to introduce floor on oil and gas windfall taxes
In an effort to increase North Sea investment, the levy will only be applied if prices exceed a certain threshold.…
Barclays is reportedly looking for buyers of Italy loans worth €5 billion.
Barclays Plc wants to sell around €5 billion ($5.3billion) in Italian mortgage loans to exit retail banking.…
Investec Takes Majority of Capitalmind M&A Boutique
Investec bank plc bought a majority share in European adviser Capitalmind Group. This is the latest deal in a…
OECD Signals that UK Government is unlikely to be able to achieve tax cuts
Organisation for Economic Cooperation and Development warned the UK Government that it had "little fiscal room" for…
Trafigura traders share $3 billion payout on record profit
Trafigura group has paid out $3 billion in bonuses to its top executives and traders as it achieved a…
As employees demand flexible working, big firms are shedding office space.
Around half of the largest companies in the world plan to reduce their office space within the next few year as…
Sharon White says that John Lewis Partnership is likely to make a profit by 2026.
Dame Sharon White pledged that the John Lewis Partnership would return to a "sustainable" profit by 2026. This may…
The tech sector is not optimistic about a quick US-UK digital deal
Prime Minister Rishi sunak's frustrations as he lands in Washington for a meeting with President Joe Biden to…