Browsing: Business News
Breaking Business News from the UK and around the world. Covering issues such as personal finance, company formation, and financial and economic news.
The latest insight and analysis into the UK and global markets.
Follow WTX Business News on Twitter @wtxbusiness to stay updated with news as it breaks. Follow us here
Highlights from all the main sources FT.com, BBC Business, Independent, Guardian, and Bloomberg News services.
We will bring you the latest Business News from the UK and around the world. Including information pertinent to Small and Medium-sized Businesses (SME) and legal information concerning business and tax law.
We will incorporate the financial indexes from all the important financial global stock exchanges.
Xi tackles slow growth as economy falls short of expectations China’s economy slowed down in the second quarter, growing by 4.7% and falling short of…
China car firms seek 25% tax on EU – state media Chinese car companies are urging Beijing to impose import taxes of up to 25%…
Beckham scores Euros deal with China tech giant David Beckham has signed an agreement to serve as a global ambassador for AliExpress, an online retail…
The lawsuit is anticipated to claim that Live Nation’s business practices, which include concert promotion, ticket sales, and venue ownership, have suppressed competition and reduced consumer choice, thereby driving up prices.
Tesco shoppers share little-known trick to claim free items The supermarket giant is already known for giving shoppers discounts through its Clubcard rewards scheme. But…
The chatbot’s “Sky” voice, described as flirty and conversational, drew parallels to the 2013 film “Her,” where Johansson voices an operating system that becomes the object of affection for Joaquin Phoenix’s character.
World leaders need to ‘get serious’ about AI, experts warn as summit opens Some of the world’s leading AI scientists have called for stronger action…
Small businesses call for help to improve security measures There is no bias in the original title provided. The Federation of Independent Retailers (The Fed)…
The 81-year-old former Beatle saw his wealth increase by £50 million in the past year, thanks to touring, the enduring value of his music catalogue, and Beyoncé’s cover of his 1968 classic, “Blackbird.”
The collaboration grants OpenAI access to Reddit’s content, while Reddit will integrate AI-powered features into its platform.
The US Department of Justice (DOJ) is considering legal action against Boeing over two fatal crashes involving its 737 Max airplanes.
Pasco bread is a household staple in Japan, commonly found in supermarkets and convenience stores nationwide. “We deeply apologise for the inconvenience caused to our customers, business partners, and all concerned parties,” it said.
The firm’s reorganisation plan assures that nearly all customers will recover at least the full amount lost during FTX’s collapse in November 2022.
Sales fell 4% to $90.8bn in the first three months of 2024, mainly due to fewer people buying iPhones. The company blamed this on supply chain issues caused by Covid, which boosted sales last year.
New rules clamping down on China’s internet giants are now in effect. These rules, part of the expanded State Secrets Law, require companies like Tencent, ByteDance, and Weibo to swiftly act if users share sensitive content.
Australia’s newest budget airline – Bonza – has gone into voluntary administration, after cancelling all of its flights on Tuesday. The airline’s financial difficulties have left thousands of passengers stranded around the country. “We apologise to our customers who are impacted by this and we’re working as quickly as possible to determine a way forward that ensures there is ongoing competition in the Australian aviation market,” Bonza said in a statement.
Mercedes Unveils Fastest Accelerating AMG Model Yet: The GT 63 S Coupe Mercedes has just revealed the highly anticipated GT 63 S Coupe, which is…
Adidas has announced it is set to make profits of €700m (£598m) in 2024. The announcement comes after the German sportswear giant’s messy situation with Kanye West and his Yeezy shoes. In February, Adidas announced it would sell its remaining Yeezy trainers from its partnership with West for at least cost price.
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/YVCC4DG5CJHSJMNRHZHGRTFO4M.jpg "Global Economy Approaches Soft Landing, but Risks Remain")
The global economy seems to be experiencing a soft landing scenario. Thanks in large part to the strength of the United States, a global recession…
Early in Asian trading, oil prices experienced a decline following Iran’s retaliatory strike on Israel during the weekend. Despite this, Brent crude, a crucial global oil price benchmark, remained lower but hovered around $90 per barrel on Monday morning.
UK economy: No overall improvement for business in Q1 The UK’s economy hasn’t gotten better for businesses in the first part of this year. A…
Hundreds of customers at one of the UK’s most popular broadband networks are struggling to get online this morning.
Profits for Samsung Electronics are expected to jump by more than 10-fold compared to a year earlier. The news comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intelligence (AI) related products booms.
McDonald’s is to buy back all its Israeli restaurants after a boycott of the fast-food chain in response to the Israel-Hamas war. The company said it had reached an agreement with Alonyal for the return of 225 outlets across the country employing 5,000 people.
