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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...
Read Full Article →Profits fall at Premier Inn owner Whitbread on drop in UK bookings
Whitbread experienced a decline in profits and revenues due to increased costs and reduced UK bookings, yet investors reacted positively to the announcement of significant share bu...
Read Full Article →UK banks put £75bn into firms building climate-wrecking ‘carbon bombs’, study finds
A recent study reveals that nine major banks in the City of London have invested over £75 billion in companies developing large fossil fuel projects that threaten global climate ta...
Read Full Article →Trump’s tariffs: ‘It feels like Covid 2.0. So many things are getting disrupted’
Local businesses are facing significant challenges due to increased tariffs, leading to sudden price hikes and disruptions in supply chains, reminiscent of the economic uncertainty...
Read Full Article →Lloyds Banking Group profits slip 7% amid Trump tariffs concern
Lloyds Banking Group's pre-tax profits decreased by 7% to £1.52 billion, as the bank allocated more funds to cover potential bad debts amidst rising economic uncertainties related...
Read Full Article →Move fast and destroy things: 100 chaotic days of Elon Musk in the White House
Elon Musk's rapid reforms in the federal government have significantly altered agency structures, potentially benefiting his business interests and consolidating influence over sub...
Read Full Article →Tesla denies report claiming board looked to replace Elon Musk
Tesla's denial of the report regarding a potential CEO search emphasizes the company's commitment to stability amidst challenges related to leadership perceptions and sales perform...
Read Full Article →The truth is finally dawning on Britain: toadying to Trump has got us nowhere | Emma Brockes
The UK's readiness to placate the U.S. may undermine its negotiating power in trade discussions, risking economic setbacks as competition for favorable agreements intensifies with...
Read Full Article →How ‘native English’ Scattered Spider group linked to M&S attack operate
The involvement of the Scattered Spider hacking group, characterized by native English speakers, highlights a new dimension in cybersecurity threats that could significantly impact...
Read Full Article →Meta’s quarterly earnings beat Wall Street expectations as its AI investments rise by billions
Meta's first-quarter revenue reached $42.32 billion, exceeding projections and its own targets, despite significant investments in artificial intelligence, indicating strong financ...
Read Full Article →The Guardian view on Argentina’s bailout: when Trump’s ally calls, the IMF obeys – at a cost | Edito...
The International Monetary Fund's $20 billion bailout for Argentina under President Javier Milei highlights how geopolitical alliances can influence global financial institutions a...
Read Full Article →Meta slowest to remove scam content, says City watchdog
The Financial Conduct Authority highlights concerns over Meta's prolonged response time to remove fraudulent content, potentially impacting investor safety and trust in financial i...
Read Full Article →Serious Fraud Office makes three arrests after dawn raids in bribery investigation
The investigation into alleged bribery involving Blu-3 and Mace Group could have significant financial implications, affecting business operations and reputations within the constr...
Read Full Article →US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs
The contraction of the US economy in the first quarter, coupled with a significant decline in consumer sentiment, raises concerns about a potential recession and its broader implic...
Read Full Article →Starbucks says cutting shop staff in favour of automation has failed
In response to disappointing financial outcomes, Starbucks plans to increase barista staffing and reduce automation efforts under new CEO Brian Niccol's revised strategy to enhance...
Read Full Article →UK house prices fall but market ‘likely to pick up’ during summer
In April, the average UK house price decreased by 0.6% to £270,752 due to recent stamp duty adjustments, although forecasts suggest a potential market rebound in the summer months.
Read Full Article →British Gas has billed my account for Glasgow address that is not mine
A London resident is concerned that being incorrectly billed for a Glasgow address by British Gas could negatively impact their credit score and complicate future energy supplier c...
Read Full Article →The grass is not always greener on US stock markets
Recent analysis indicates that European stock markets, such as the FTSE 100 and Stoxx Europe 600, have outperformed the S&P 500 this year, challenging the prevailing perception of...
Read Full Article →'Hostile and political': Trump administration reacts to Amazon plan to display tariff costs – video
The White House criticized Amazon's plan to show the impact of tariffs on prices, suggesting the move is politically motivated and questioning the timing amidst rising inflation co...
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