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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.
Thames Water secures £750m cash injection Thames Water shareholders have agreed to a cash injection of £750 million in funding as the company attempts to…
Top US senator calls for probe into Prime energy drink US Senator Chuck Schumer has called on regulators to investigate Prime energy drinks – promoted…
It could affect your state pension.
FIFA 23 is discounted across all platforms on Amazon, with the game up to 64% cheaper than usual.
Twitter threatens legal action over Threads app Elon Musk’s Twitter is considering legal action after Meta launched its own version of the social media app,…
Financial Times – Global stock markets tumble Summary of the front page Investors sold stocks and bonds across the world yesterday as US borrowing costs…
Shell are accused of ‘profiting from the misery of ordinary people’.
Financial Times – Treasury sells £4bn of debt at highest two-year borrowing cost this century Summary of the front page The Financial Times reports that…
The invasive species has devastated crops, damaged buildings and strangled local plantlife.
Prices have remained stubbornly high.
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. The aim is to offer consumers an alternative Europe-wide payment option.
Financial Times – BoE considers forcing foreign banks to replace branches with subsidiaries Summary of the front page The Financial Times reports the Bank of…
Another Google device spotted in the wild.
Average five-year fixed mortgage rates now above 6% Following last month’s interest rate hike, a typical five-year fixed mortgage deal now has an interest rate…
Sainsbury’s boss says food price rises starting to slow Sainsbury’s boss Simon Roberts has said food prices are not rising as quickly as they were,…
The Economist – The Humbling of Vladimir Putin THE ECONOMIST SAYS the last pretence of Vladimir Putin to be, as he imagines, one of his…
CITY AM – London set to power UK recovery CITYAM SAYS London businesses are shaking off all the doom and gloom swirling around the UK…
Financial Times – Bond fund giant Pimco prepares for ‘harder landing’ in global economy Summary of the front page The world’s largest bond fund manager…
Energy boss says prices might rise this winter The boss of the International Energy Agency has warned energy prices could spike again this winter, forcing…
The Doctors will see you now.
Energy giants TotalEnergies and Shell on Sunday defended activities linked to Russia after a critical report into their trading in natural gas despite the war in Ukraine.
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The UK and US are not the only countries that are worried about the Activision Blizzard acquisition, as Canada has made clear.
‘Taxpayers will be exposed to the running costs for a very large company.’
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