Business News
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London is no longer the most valuable stock exchange in Europe.
France’s stock market has surpassed Britain’s as the most valuable in Europe, according to available data. According to Bloomberg data, ...
Ashley’s Frasers will buy Gieves & Hawkes
Mike Ashley’s retail business is close to acquiring Gieves & Hawkes, one of the most recognized names in British tailoring. ...
Amazon: Robots continue to proliferate, but “people are still necessary.”
Amazon is increasing its use of robots as sales growth slows and cost-cutting pressures mount. Already approximately 75 percent of ...
UK economy shrinks, recession looms.
The economy of the United Kingdom contracted between July and September, according to the most recent official data. During the ...
Official GDP figures reflect a first step towards recession.
Early official estimates indicate that the British economy fell by 0.2% in the third quarter, prompting the chancellor to warn ...
John Lewis, Tesco, and Lidl reduce their Christmas commercials.
As usual, many Christmas advertisements on television evoke sentimentality, nostalgia, and happiness. As the cost of living rises, however, several ...
Binance’s U-turn on FTX rescue worsens the crypto crisis.
According to reports, regulators and U.S. officials are investigating as the FTX exchange teeters on the edge of collapse following ...
Mental health crisis shrinks UK workforce, fueling personnel shortages.
The number of people who are neither working nor looking for work has increased to about nine million, and statistics ...
Elon Musk tweets to the Northern Ireland secretary, “What does ‘tosh’ look like?”
The billionaire owner of Twitter, Elon Musk, has reacted to the Northern Ireland secretary of state’s request to remove fake ...
Brexit-supporting Next CEO believes the country needs more foreign labor
To alleviate labor shortages, the CEO of Next has urged the British government to allow more foreign employees into the ...
Elon Musk sells nearly $4 billion additional Tesla shares after Twitter acquisition.
The world’s richest man has again sold Tesla shares to earn cash but has yet to explain for doing so ...
M&S warns of an impending “storm” as rising prices erode profitability.
The company asserts that it is in a strong position to overcome the challenges ahead, even though prices have negatively ...