German unemployment highest in over a decade
German unemployment has risen to a 12-year high as weak growth continues to weigh on the EU’s largest economy Read Full Article at RT.com
Trump reveals Fed boss nominee
US President Donald Trump has nominated Kevin Warsh to serve as Federal Reserve chair Read Full Article at RT.com
Musk mulling mega-mergers – Bloomberg
Elon Musk is considering consolidating his business empire through potential mergers involving SpaceX, Tesla, and xAI, Bloomberg reports Read Full Article at RT.com
Trump warns UK it is ‘very dangerous’ to do business with China as Starmer visits Shanghai
Donald Trump has warned the UK it is “very dangerous” to do business with China, as Prime Minister Keir Starmer visits Shanghai following trade and investment agreements agreed in Beijing.…
Amazon in talks over $50bn investment in OpenAI as AI arms race accelerates
Amazon is in early talks to invest up to $50bn in OpenAI, as the ChatGPT maker seeks up to $100bn in funding at a valuation of around $830bn amid intense…
New wave of ‘zombie’ companies faces collapse as financial distress surges
Tens of thousands of UK companies are in critical financial distress, with high taxes, rising wage costs and weak demand threatening a new wave of business failures, warns Begbies Traynor.…
Lloyds to return £3.1bn to investors as profits surge past forecasts
Lloyds Banking Group will return more than £3.1bn to shareholders through dividends and buybacks after posting stronger-than-expected profits of £6.66bn. Read more: Lloyds to return £3.1bn to investors as profits…
Octopus Energy strikes major China joint venture during PM visit
Octopus Energy has announced a new joint venture with China’s PCG Power to trade renewable energy, aiming to handle up to 140TWh a year by 2030 and export British energy…
Driverless taxis could hit UK roads as early as September, Waymo says
Waymo says it hopes to launch a driverless robotaxi service in London as early as September, ahead of planned UK regulatory changes to allow autonomous taxis. Read more: Driverless taxis…
UK bans Coinbase adverts that suggested crypto could ease cost-of-living pressures
The UK’s advertising watchdog has banned Coinbase adverts that implied cryptocurrency could help address cost-of-living concerns, ruling they trivialised the risks of crypto investing. Read more: UK bans Coinbase adverts…