News from The Guardian – Business
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One in three student loan borrowers risk default as delinquency rates soar
A significant increase in overdue federal student loan payments highlights growing financial challenges for millions of borrowers, reflecting the impact of resumed collections foll...
Read Full Article →Chinese carmaker Chery Auto ‘actively considering’ building second UK factory
By potentially establishing a second manufacturing facility in the UK, Chery Auto aims to reduce tariff impacts and strengthen its local presence, which could enhance cost-efficien...
Read Full Article →Bank governor wades into row over Reeves’ focus on fiscal rule forecasts
Andrew Bailey emphasized caution in relying too heavily on government budget forecasts, highlighting the importance of balanced interpretation when assessing future fiscal policy a...
Read Full Article →Co-op to stop sourcing goods from Israel, Iran and 15 other countries
The retailer’s decision to exclude products from multiple countries due to human rights concerns may impact its supply chain costs and influence consumer purchasing patterns across...
Read Full Article →Federal Reserve chair defends holding interest rates after fresh Trump attacks
Jerome Powell emphasized the central bank’s cautious approach to monetary policy, highlighting its intention to monitor tariff-related inflationary pressures before making any adju...
Read Full Article →Tech in the Iran-Israel conflict: internet blackout, crypto burning and home camera spying
The extensive internet shutdown and increased cyber activities amid the Iran-Israel conflict could disrupt regional digital markets and impact the valuation of technology and cyber...
Read Full Article →Iran-Israel ceasefire boosts markets risk appetite; UK inflation may ‘plateau’, warns Bank of Englan...
The easing of tensions in the Middle East has improved investor confidence, leading to a surge in European travel and leisure shares alongside a notable decline in global oil price...
Read Full Article →UK energy meter switch-off delayed amid fears over heating and higher bills
Delaying the deactivation of outdated electricity meters helps prevent sudden increases in household energy costs and potential heating system issues for thousands of UK residents...
Read Full Article →Police warn of SMS scams as ‘blaster’ is used to send thousands of texts
The use of devices that send mass scam texts bypassing network controls poses significant financial risks by increasing fraud attempts and potential losses for individuals and mobi...
Read Full Article →Google could be forced to change UK search as watchdog takes steps
If implemented, the proposed regulations may impact Google's market operations in the UK, potentially altering user engagement and influencing the company's revenue streams and com...
Read Full Article →FTC approves $13.5bn advertising merger but bars coordination over political content
The merger, valued at $13.5 billion, enables Omnicom to combine with Interpublic, significantly expanding its market presence while ensuring regulatory safeguards prevent joint dec...
Read Full Article →Lower electricity prices for industry are crucial, but the government’s plan lacks details
Reducing electricity expenses is essential for UK industry’s competitiveness, but the government's current proposal offers limited concrete measures to effectively address the high...
Read Full Article →Compass sues Zillow over ‘monopoly tactics’ in private home listings
Compass’s legal action against Zillow highlights concerns about market restrictions that could limit competition and potentially impact pricing and revenue distribution within the...
Read Full Article →As Starmer unveils his 10-year plan, here’s my advice: don’t fall into the Joe Biden trap | Sam Alvi...
Significant government spending aimed at long-term economic reforms can stimulate private investment and wage growth, but policymakers must also address immediate cost-of-living co...
Read Full Article →US strikes on Iran could damage global growth, says IMF chief
Potential disruptions in the strategic shipping route near Iran may lead to increased energy costs, which could negatively influence worldwide economic stability and growth, accord...
Read Full Article →UK industrial strategy: the key points – and what’s missing?
The UK government’s new industrial strategy aims to enhance economic expansion by implementing policies such as reducing energy costs and supporting key sectors, responding to glob...
Read Full Article →The strait of Hormuz: how could Iran close it and why does it matter to global trade?
Disrupting this crucial maritime passage could significantly impact global energy markets by restricting oil transportation, potentially causing price fluctuations and economic ins...
Read Full Article →Goldman Sachs warns Brent crude could rise over $100 per barrel if Strait of Hormuz is disrupted – b...
Disruptions to a crucial Middle Eastern maritime route may cause oil prices to surge significantly, potentially impacting global markets and increasing costs for energy-dependent i...
Read Full Article →‘High energy costs have held back businesses’, says Miliband as government announces industrial stra...
The government’s new plan aims to reduce electricity expenses for businesses, addressing previous challenges caused by volatile energy markets and fostering a more stable environme...
Read Full Article →Revolut CEO ‘could get multibillion-dollar windfall if its value passes $150bn’
Nik Storonsky stands to receive a substantial financial reward contingent on Revolut’s valuation increasing significantly from its current estimated worth, reflecting a performance...
Read Full Article →OpenAI takes down mentions of Jony Ive’s io amid trademark row
OpenAI’s removal of promotional content connected to its collaboration with Jony Ive’s startup reflects potential financial and legal challenges impacting the public presentation o...
Read Full Article →Bacardi Breezers to BuzzBallz: why gen Z aren’t the booze buzzkills we’ve been led to believe
The evolving preferences of younger consumers toward diverse and stronger ready-to-drink beverages present new revenue opportunities for alcohol brands adapting to shifting social...
Read Full Article →‘Outdated and unjust’: can we reform global capitalism? – podcast
The implementation of tariffs has disrupted international markets, highlighting systemic challenges within the global economic framework and prompting discussions on potential refo...
Read Full Article →UK to cut green levies on businesses in bid to reduce energy costs and boost manufacturing
The government’s decision to reduce environmental charges aims to lower operational expenses for companies and strengthen industrial growth as part of its comprehensive decade-long...
Read Full Article →Price of oil could spike after Iran’s parliament votes to close key shipping route
The potential closure of a crucial maritime passage by Iran may disrupt oil supply chains, leading to increased energy costs and heightened economic instability worldwide.
Read Full Article →Minibuses for rural routes are in production | Letter
The production of compact vehicles tailored for less populated areas presents a promising market for manufacturers, supported by recent substantial government investments in transp...
Read Full Article →Small business owners aren’t jumping for joy about the US economy – but they still aren’t jumping sh...
Despite facing challenges like inflation and labor shortages, small businesses continue to contribute significantly to employment, highlighting their critical role in sustaining th...
Read Full Article →Economic policymaking needs to adapt to the climate emergency | Heather Stewart
Addressing rising prices caused by supply disruptions linked to environmental challenges demands comprehensive economic strategies beyond traditional monetary policy adjustments.
Read Full Article →Labour scraps £950m EV rapid charging fund first announced by Conservatives
The government has reallocated £400 million to install electric vehicle chargers on urban streets rather than motorways, reducing the original funding intended to accelerate nation...
Read Full Article →Tesla set to unveil self-driving car service in Austin
Tesla’s introduction of autonomous taxis in Austin could potentially impact the company’s revenue streams by expanding its mobility services and advancing its position in the self-...
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