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News from the business world comes from all the financial institutions and business Hubs from around the world. We scoured the globe to bring you the top business news today.
Tesco and M&S report strong Christmas sales Retail giants Tesco and Marks & Spencer have both reported stronger-than-expected sales for the key Christmas trading season.…
After Twitch cut over 500 jobs, rival streaming platform Kick is eyeing up a takeover says its founder.
The Financial Times reports that, since 2019, when the Court of Appeal ruled that Fujitsu software had been at fault in the scandal, the technology company has been the joint or sole recipient of £4.9bn worth of government contracts.
Bitcoin price swings after fake regulator post Bitcoin briefly surged on Tuesday following a post on the US markets regulator’s X account (formerly Twitter), announcing…
CITY AM – Retail revival signals a new era in trading After a difficult 2023, outlook for online trading platforms brightens as retail investors return…
The Economist – Made in ’42. Roadworthy in ’24? The man supposed to stop Donald Trump is an unpopular 81-year-old The Economist says American politics…
The best-paid boss in Britain picked up £270million last year – despite her gambling outfit reporting a £70million loss.
Booking a holiday already?
The Financial Times reports activist investor Cevian Capital has taken a €1.2bn stake in the Swiss bank UBS, betting it can double its valuation over the next three to five years.
UK inflation rate slows to 3.9%, lowest in more than two years The latest data from the Office for National Statistics (ONS) reveals that the…
Adobe has dropped its planned takeover of product design firm Figma due to UK and EU regulatory issues, the Financial Times reports.
Economy WTX Business exclusively reported that South Korea’s National Pension Service (NPS) and central bank are in talks to extend their foreign exchange swap programme…
Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile
The post Apple offers to let rivals access tap-and-go tech in EU antitrust case appeared first on Reuters News Agency.
Reuters exclusively reported that Chinese chip designers including Tencent Holdings (0700.HK) are aggressively pitching their AI chips as alternatives to
The post After US curbs, Tencent and small chip designers chase Nvidia’s China crown appeared first on Reuters News Agency.
CITY AM SAYS Investors are hoping for a so-called Santa Rally to push the FTSE 100 further into the green this year.
The Financial Times splashes on a warning from the IMF that the Ukrainian economy could be in trouble if Kyiv’s allies don’t speed up extra funding for the war-torn nation.
EXCLUSIVE: Kevin Dowd said the City would ‘have to reorientate itself’ but added: “The potential longer-term opportunities would be enormous”.
Elon Musk’s car company is facing more safety woes.
The driver assistance system was found to be faulty in many vehicles.
CITY AM SAYS Fast fashion giant Shein has reportedly spoken to London stock market bosses about shifting a planned IPO from Wall Street to the capital.
The Financial Times leads on the government’s migration bill vote passing – saying Rishi Sunak headed off a “right-wing revolt”.
UK economy shrank by more than expected in October In October, the UK economy contracted more than anticipated, with growth hampered by elevated interest rates…
Claims that the pensions triple lock benefits wealthier older people the most and should be overhauled have been slammed by campaigners.
The Financial Times focuses on anger at COP28, where oil-rich states have been accused of thwarting efforts to tackle the climate crisis.
Free Radical Design, the British studio whose founders created GoldenEye 007, is no more, as 80 staff lose their jobs two weeks before Christmas.
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