Boohoo’s profits fall as consumers reduce their spending
Boohoo, a fast-fashion retailer, has cut its sales and profit estimates for the year as consumers reduce their…
Brookfield buys UK wind farms for $1bn
Canadian investment firm Brookfield has bought one of the UK’s largest renewable developers. This is a major boost…
UK immigration advisers demand tighter rules for foreign workers
The UK's immigration advisers have called on the government to abolish one of the most popular routes for employers…
Secret billionaire Harald McPike files suit over the failure of Spac deal
The family office for secretive billionaire Harald McPike accused US gaming investor Jason Ader, of fraudulently…
Atomico, a European venture capital company, raises $1.1bn in order to combat the…
Atomico, a European venture capital company, has raised $1.1bn in new funding for start-ups. This is despite a…
US sanctions against China-based network that distributes fentanyl
US Treasury sanctions 25 Chinese individuals and companies for alleged drug manufacturing and smuggling. Washington…
Bond sales intensify as US long-term yields reach 16-year high
The yield on US Treasuries of 30 years hit its highest level in 16 years on Tuesday as a global sell-off on bond…
Portugal will scrap tax breaks for foreigners because of ‘fiscal injustice
Portugal is planning to scrap a controversial foreigner tax break that attracted a large number of wealthy people…
Jamie Dimon says that AI will allow people to live up to 100 years old and still…
The boss of Wall Street’s largest bank said that artificial intelligence would allow people to work only three…
Gilt yields have reached their highest level since Liz Truss’ mini-budget…
Yesterday, government bond yields surpassed the 5-percent level and reached their highest point ever since the Bank…
The worst factory production fall in 15 Years
A closely watched survey suggests that factories are experiencing one of the sharpest declines in production in…
Grocers are driving down the UK food inflation rate
A new survey shows that food prices have dropped for the first two years, amid fierce competition between…
Spotify’s boss calls on UK to tighten up regulation of tech gatekeepers
Daniel Ek, Spotify's CEO, has called on the UK government to take advantage of its freedom to implement new rules…
Water companies are aiming to spend £96bn, a record amount.
The water companies of England and Wales propose a sharp increase in household bills in order to pay for record…
Birkenstock aims for IPO valuation of over $9bn
The German sandal manufacturer Birkenstock will be valued at over $9bn this month in an Initial Public Offering.…
X signss live shopping deal to help revive its fortunes
X (formerly Twitter) has signed a deal that is a first of its kind with Paris Hilton. The agreement will focus on…
Microsoft’s chief executive says Google’s default agreements are…
Microsoft's chief executive Satya Nadella has called the idea of users having a choice in search engines for the…
The EU candidate for climate chief is calling for global carbon taxes
The EU's nominee for climate chief proposed taxing all fossil fuels, including those used in the shipping and…