Donald Trump’s social media venture has experienced a dramatic reversal of fortune on the stock market. Shares in Trump Media & Technology Group (TMTG), the parent company of Truth Social,
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In a significant overhaul of Royal Mail’s universal service obligation, Ofcom, the UK’s communications regulator, has proposed scrapping the delivery of second-class letters on Saturdays. This move comes as part
In a significant development for the pharmaceutical giant AstraZeneca, Chinese authorities have reportedly detained five current and former employees as part of an investigation into potential breaches of data privacy
Volkswagen AG, Europe’s largest carmaker, is facing a challenging situation as it has “a year, maybe two” to restructure in response to declining sales in its home market. This warning
The US Department of Justice has issued a subpoena to Nvidia Corporation, indicating an escalation in its antitrust investigation into the company. This legal request requires Nvidia, a major player
Apple has issued a strong warning to Britain’s Competition and Markets Authority (CMA), claiming that the CMA’s analysis of the company’s dominance in the mobile browser market is “flawed and
Blencowe Resources has announced significant progress in its Orum Cross graphite project in Uganda, East Africa. The company, which acquired the project five years ago, has been diligently advancing through
In a surprising turn of events, British property search powerhouse Rightmove is facing a potential takeover bid from Australian rival Rea Group. The news sent shockwaves through the property and
In a significant development for social media regulation, Brazil’s Supreme Court has mandated the suspension of X (formerly Twitter) operations within the country. This decision follows the platform’s failure to
In a surprising turn of events, Ford Motor Company has abandoned its plans to manufacture a three-row electric sports utility vehicle (SUV). This decision could potentially cost the American carmaker
In a rare move for the current market, Applied Nutrition, a Merseyside-based supplements company, is preparing for a stock market debut that could value the firm at around £500 million.
Chile’s only steel mill announced that it would close due to competition from cheap Chinese imports. This is a major blow to the government of the country, which had placed
Bill Ackman’s Pershing Square is considering a deal that would delist Howard Hughes Holdings for $3bn, according to regulatory filings. This would represent a significant increase in its investment into
Elon Musk’s social media platform X, sued a global ad alliance on Tuesday, along with several major companies including Unilever Mars and CVS Health. The lawsuit accused them of conspiring
PwC lost dozens big clients in China, as Beijing officials pressed state-owned companies to cut ties with the auditing firm over its work with Evergrande. Reuters reports that the Chinese
Asda’s chief Mohsin Issa announced an emergency cash injection of £30m amid an alarming drop in sales at the troubled grocery chain. The investment package will be implemented by the
