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Spin doctors: gambling firms adopt hard tactics to flood towns with 24-hour slot machines
The increased presence of round-the-clock slot machines significantly boosts revenue for gambling companies while challenging local councils striving to regulate market expansion a...
Read Full Article →Meta and Shopify urged to act as scale of ‘ghost stores’ preying on Australian online shoppers revea...
The prevalence of deceptive online retailers marketing counterfeit or substandard goods in Australia poses significant financial risks to consumers and highlights the need for plat...
Read Full Article →Warren Buffett announces retirement from leading Berkshire Hathaway
Warren Buffett's retirement announcement raises significant implications for Berkshire Hathaway's management and investor confidence, as his chosen successor, Greg Abel, prepares t...
Read Full Article →Treasury threatens Defra with £4bn bill if Thames Water nationalised
The Treasury's warning about a potential £4 billion expense highlights ongoing tensions over Thames Water's future, as officials seek a private investor to prevent the company from...
Read Full Article →Financial markets have become a bulwark against populist excesses | Phillip Inman
Global financial markets are responding to electoral shifts and populist movements, demonstrating a protective stance against radical economic changes proposed by some political le...
Read Full Article →Tech oligarchs are gambling our future on a fantasy | Adam Becker
The financial influence of prominent technology leaders shapes investment trends and market dynamics, affecting economic priorities and regulatory responses that impact broader soc...
Read Full Article →Clothing shortages, food waste and millions lost each day: inside the M&S cyber-attack chaos
The cyber-attack on Marks & Spencer has disrupted operations, resulting in substantial financial losses daily, affecting online orders and inventory management across both food and...
Read Full Article →Trump’s Truth Social posts make no sense – what do they say about his mentality?
The limited engagement on Truth Social highlights challenges in monetizing the platform and its potential impact on Trump’s financial interests linked to his online presence.
Read Full Article →Elon Musk’s company town: SpaceX employees to vote on ‘Starbase’
If approved, the establishment of a new municipality dominated by aerospace workers could enhance local governance and potentially influence economic development and property value...
Read Full Article →Trump’s promised ‘golden age’ for the US economy is off to a chaotic start
The recent contraction of GDP in the first quarter highlights the challenges faced by the economy amidst ongoing trade policy changes and fluctuating consumer confidence under Trum...
Read Full Article →US asks judge to break up Google’s ad tech business after requesting Chrome sale
The US government's request for the breakup of Google's ad tech business follows a legal ruling that identified the company as holding an illegal monopoly, highlighting concerns ab...
Read Full Article →Wall Street and European markets finish week on a high after US jobs report
Global markets experienced a positive shift as US employment figures surpassed expectations, indicating economic stability amidst trade tensions, leading to significant gains in bo...
Read Full Article →Jeff Bezos to sell up to $4.75bn in Amazon stock over next year
Jeff Bezos is set to divest up to $4.75 billion in Amazon shares over the next year, potentially moving 25 million shares through a structured trading plan.
Read Full Article →UK preparing to ban consumers from buying crypto with borrowed funds
The UK's financial regulator plans to restrict retail investors from purchasing cryptocurrency with borrowed funds to enhance oversight and respond to the increasing popularity and...
Read Full Article →UK to ban buying bitcoin on credit card; stocks rise on hopes of US-China trade talks – business liv...
The UK plans to restrict credit card purchases of bitcoin, influencing cryptocurrency markets, while stock prices uptrend amid optimistic expectations for easing tensions in US-Chi...
Read Full Article →NatWest profits soar by 36% as full privatisation looms
NatWest reported a £1.8 billion profit for the first quarter, a 36% increase, as the UK government's stake fell below 2%, signaling a move towards full privatization.
Read Full Article →Why is Trump ending the ‘de minimis’ tariff loophole on low-value imports?
The closure of the tariff exemption on low-value imports is expected to raise costs for consumers and impact businesses reliant on affordable Chinese goods, potentially altering ma...
Read Full Article →Amazon reports better-than-expected earnings despite tumult of Trump tariffs
Amazon demonstrated strong financial performance with earnings per share and revenue surpassing analyst projections, reflecting consumer resilience amidst ongoing tariff uncertaint...
Read Full Article →Apple quarterly earnings beat Wall Street expectations amid Trump trade policy chaos
Apple reported second-quarter revenue of $95.4 billion and earnings-per-share of $1.65, exceeding analyst expectations amid ongoing tariff uncertainties impacting the consumer elec...
Read Full Article →Abu Dhabi firm to invest $2bn in Binance using Trump’s crypto venture
An Abu Dhabi investment firm plans to allocate $2 billion to Binance, using a stablecoin backed by Trump’s World Liberty Financial, which aims to provide direct access to financial...
Read Full Article →McDonald’s and General Motors say Trump’s tariff war is harming business
Both McDonald's and General Motors experienced financial setbacks attributed to tariff-related uncertainty, with the fast-food chain reporting a 3.6% decline in sales and the autom...
Read Full Article →Denise Coates gets her timing right again at Bet365 | Nils Pratley
The potential for UK and Irish gambling companies to succeed in the expanding US market may increase with strategic partnerships or acquisitions of American businesses amidst evolv...
Read Full Article →Even gen Z are resorting to cash - and I'm clinging to my own handful of it | Gaby Hinsliff
The shift toward a cashless economy raises concerns about accessibility for vulnerable populations, as many establishments increasingly reject cash payments, prompting some individ...
Read Full Article →Microsoft raises Xbox prices globally amid tariff uncertainty
Microsoft's decision to increase Xbox prices globally reflects broader market challenges, including recent price hikes by Sony for PlayStation 5 and delays by Nintendo, amidst ongo...
Read Full Article →Drax abandons AGM after confrontation with green activists
Drax's cancellation of its annual shareholder meeting due to activist protests highlights potential risks to its corporate reputation and investor relations, impacting its financia...
Read Full Article →UK regulator could ban vet chains from linking incentives to certain treatments
The UK's Competition and Markets Authority is considering regulations that may restrict financial incentives in the veterinary sector, influenced by public concerns over rising tre...
Read Full Article →UK mortgage lending at four-year high amid rush to avoid stamp duty rise
In March, UK mortgage borrowing surged by 290% due to a stamp duty rise, marking a four-year peak, while approvals for new home purchases declined for the third consecutive month.
Read Full Article →British men urged to join ‘Dad strike’ calling for more paternity leave
The planned protest by fathers in London aims to raise awareness of the limited paternity leave in the UK, potentially influencing government policy and economic support for famili...
Read Full Article →Losing its sparkle: Colombia’s emerald capital weighs the cost of its precious stones
The mining industry in Muzo, Colombia, generates significant economic benefits for the local community, yet it poses serious environmental risks that threaten the long-term sustain...
Read Full Article →Trump tariffs cause fastest slump in British factory export orders in five years – business live
The recent decline in British factory export orders highlights significant challenges for manufacturers, driven by rising costs and trade uncertainties, particularly related to US...
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