Business News
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Elon Musk claims Twitter is ‘not insolvent’
Since assuming ownership of the site in October, the billionaire has not had an easy time, but he believes that ...
Boxing Day rail strikes will stop all trains.
Local services affected by Monday’s strike action include Merseyrail, ScotRail, Northern, and Southern trains, as well as airport and sporting ...
Swiss asset manager GAM recruits bankers to sell
Zurich-listed GAM Holding is engaging with UBS investment bankers on strategic options including a sale. After being obliged to issue ...
More rail strikes disrupt Christmas Eve travel.
Inrix, an analytics company, anticipates that road travel times will be 14% longer compared to the same period last year ...
Encourage over-50s to end early retirement
The government is investigating ideas to get middle-aged retirees back into the workforce to stimulate the economy. The Times says ...
Musk won’t sell Tesla stock for two years.
The CEO of Tesla, who has sold billions of dollars worth of stock so far this year, predicts that a ...
FTX founder freed on $250m bail
Former FTX CEO Sam Bankman-Fried will be detained at home while awaiting trial in the United States on allegations of ...
Japan’s inflation reaches 41-year peak
In November, Japan’s core consumer price inflation increased to 3.7%, the highest level since 1981. At that time, a conflict ...
Higher mortgage rates impede growth in pricey locations.
With London property prices down nearly 25% over the past five years, Zoopla is witnessing a resurgence in the desire ...
EU blames Amazon for phoney Louboutin adverts
Amazon might be held liable for advertising ‘fake’ red-soled shoes, which may infringe the EU trademark of designer Christian Louboutin. ...
Investors flock to the UK’s tech ecosystem.
The United Kingdom has become the leading European destination for technology investment. While there has been much concern over the ...
November government borrowing hits record high
Last month’s increase in government borrowing to £22 billion was attributed to the epidemic and Russia’s invasion of Ukraine, according ...