How Coca-Cola’s earnings are able to hide a tax dispute worth $16bn
Coca-Cola's dispute with US tax authorities, which has lasted for a decade, could now amount to $16bn, or enough to…
H2O Asset Management will pay €250mn to investors after FCA finds “serious…
H2O Asset Management agreed to pay €250mn in compensation to investors, after the UK Financial Conduct Authority…
Musk’s X Sues Unilever Mars and CVS for a’massive boycott of…
Elon Musk’s social media platform X, sued a global ad alliance on Tuesday, along with several major companies…
Airbnb shares fall 12% after company flags a weakening US market
Vacation rental company Airbnb reported on Tuesday a second-quarter profit that was lower than Wall Street…
NHS IT firm fined £6m over hacking of medical records
The data protection regulator announced that a software provider could be fined over £6m for a 2022 attack on…
Royal Mint opens a factory in South Wales to recover gold from electronic waste
The Royal Mint unveiled an "innovative" factory which will recover gold from electronic scrap, allowing the…
CrowdStrike retaliates against Delta Air Lines for ‘threats to…
CrowdStrike has reacted to Delta Air Lines' threats of legal action against the cyber-security company for a…
Retail brokers affected by outages in US stock market sell-off
Charles Schwab and Vanguard, as well as Fidelity, experienced outages in their trading platforms Monday, preventing…
Google Loses US Antitrust Case Over Search Dominance
The US Department of Justice has won a major victory in its fight against Big Tech. A US federal court ruled that…
Economists warn that market panic could drag down global growth.
Economists warn that investors are exaggerating risks of a global economic meltdown. If central banks do not…
We just need to build it: Concorde’s replacement is looking at supersonic…
Boom Supersonic's founder explains why air travel will be at 1,300mph in the future.
The founder of a company…
After pressure from Beijing, over 30 Chinese companies have ditched PwC
PwC lost dozens big clients in China, as Beijing officials pressed state-owned companies to cut ties with the…
Elon Musk Sues OpenAI For ‘Shakespearean Perfidy And Deceit’
Elon Musk filed a new lawsuit against OpenAI, the maker of ChatGPT and its CEO Sam Altman. He accused the company…
Can McDonald’s prevent Greggs from eating their lunch?
Commentators and institutional investors wondered if the first global sales drop since the pandemic was the result…
What is the impact of Japan’s turbulence on global markets?
Just two months earlier, the outlook for Japanese stocks had never been brighter. June Aitken stated that there was…
Warren Buffett’s empire of stocks loses $15bn due to global market crash
Warren Buffett’s stock-holding empire has suffered a loss of at least $15bn in the midst of a global market…
Mohsin issa injects £30m to stop Asda’s sales slump
Asda's chief Mohsin Issa announced an emergency cash injection of £30m amid an alarming drop in sales at the…
Alpine floods hit Mercedes and Jaguar Production
Jaguar Land Rover is one of a number of luxury carmakers that have been severely affected by the flooding in…