Business

"Thieves Flood Online Markets with ยฃ20,000 Keyless Car Hackers"
Business
1ย day, 2ย hours ago

"Thieves Flood Online Markets with ยฃ20,000 Keyless Car Hackers"

Keyless car theft devices, capable of bypassing vehicle security systems, are being sold online for up to ยฃ25,000, allowing thieves to steal high-end cars without physical access. As a new law on owning such devices is set to be implemented, experts

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"Tariff Relief: Trump Drops Food Prices for Millions"
Business
1ย day, 20ย hours ago

"Tariff Relief: Trump Drops Food Prices for Millions"

US President Donald Trump has signed an executive order exempting 36 food products, including coffee, bananas, and beef, from tariffs due to insufficient domestic production. This move aims to alleviate rising prices and ease the burden on consumers

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UK Watchdog Cracks Down on StubHub, Viagogo Over Online Pricing Practices
Business
8ย hours, 29ย minutes ago

UK Watchdog Cracks Down on StubHub, Viagogo Over Online Pricing Practices

The UK's Competition and Markets Authority has launched a series of investigations into eight online businesses, including ticket vendors StubHub and Viagogo, under new rules aimed at protecting consumers from deceptive pricing practices. The probes

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ADIA to Unload Half Stake in Ooredoo for Up to $572 Million
Business
8ย hours, 28ย minutes ago

ADIA to Unload Half Stake in Ooredoo for Up to $572 Million

Abu Dhabi's ADIA is selling half its 5% stake in Ooredoo QPSC through a secondary share sale, potentially raising up to $572 million. The sale, which involves offering approximately 161 million shares at a price range of $3.40 to $3.50 per share, has

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DEVELOPING: Competition watchdog launches probe into eight firms over alleged online price fixing.
Business
5ย hours, 28ย minutes ago

DEVELOPING: Competition watchdog launches probe into eight firms over alleged online price fixing.

The UK's Competition and Markets Authority (CMA) has launched investigations into eight companies, including StubHub and Viagogo, over alleged online price fixing practices, marking the first cases under new consumer protection powers. The companies

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With a new company, Jeff Bezos will become a CEO again
Business
2ย hours, 32ย minutes ago

With a new company, Jeff Bezos will become a CEO again

Text settings Story text Size Small Standard Large Width Standard Wide Links Standard Orange Subscribers only Learn more Minimize to nav Jeff Bezos is one of the worlds richest and most famous tech CEOs, but he hasnt actually been a CEO of anything

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Asian Shares Stall as Delayed US Data and Mixed Tech Earnings Weigh
Business
1ย day, 14ย hours ago

Asian Shares Stall as Delayed US Data and Mixed Tech Earnings Weigh

Asian markets experienced a sluggish start to the week, with the MSCI Asia Pacific Index edging lower despite earlier gains, as investors await key US economic data and earnings from tech giant Nvidia Corp. The region's equities were mixed, with Sout

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"AI Bubble on Brink: No Company Is Safe, Warns Google's Sundar Pichai"
Business
8ย hours, 40ย minutes ago

"AI Bubble on Brink: No Company Is Safe, Warns Google's Sundar Pichai"

Alphabet CEO Sundar Pichai has expressed concerns about the current AI boom, citing "irrationality" in the market, and warned that no company will be immune if the AI bubble bursts, including his own company Google. This comes as the value of AI tech

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Jeff Bezos Returns to CEO Role at New AI Venture Project Prometheus
Business
14ย hours, 32ย minutes ago

Jeff Bezos Returns to CEO Role at New AI Venture Project Prometheus

Jeff Bezos is set to become co-CEO of Project Prometheus, a new AI company focused on breakthroughs in research, engineering, and manufacturing, alongside Dr. Vik Bajaj, a chemist and physicist with experience at Google X and Verily. The company, whi

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US Companies Flip Script on Generative AI, Embracing It as Business Must-Have
Business
2ย hours, 28ย minutes ago

US Companies Flip Script on Generative AI, Embracing It as Business Must-Have

US companies are rapidly embracing generative AI, with 88% of senior leaders expecting to increase investment in the next year and 62% anticipating a budget rise of over 10% within two to five years, according to a Wharton study. This significant shi

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Jeff Bezos Returns to Top Role as Co-CEO of New AI Venture
Business
8ย hours, 33ย minutes ago

Jeff Bezos Returns to Top Role as Co-CEO of New AI Venture

Jeff Bezos, the world's richest and most famous tech CEO, is set to return to the top role as co-CEO of a new AI company, Project Prometheus, alongside Dr. Vik Bajaj, a chemist and physicist with a background in life sciences research. The company, w

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Nestlรฉ Faces Criticism Over High Sugar Content in African Baby Cereals
Business
14ย hours, 37ย minutes ago

Nestlรฉ Faces Criticism Over High Sugar Content in African Baby Cereals

Nestlรฉ is under fire for allegedly prioritizing profits over public health by adding excessive sugar to baby cereals sold in African countries, with an average of 5g of added sugar per serving found in products across South Africa, Egypt, Madagascar,

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Competition Watchdog Targets Eight Firms Over Suspected Online Pricing Abuses
Business
8ย hours, 39ย minutes ago

Competition Watchdog Targets Eight Firms Over Suspected Online Pricing Abuses

The UK's Competition and Markets Authority (CMA) has launched investigations into eight companies, including StubHub and Viagogo, under new consumer protection powers, focusing on online pricing practices such as mandatory additional charges and time

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Global Equities Market Plunges as Stocks Fall Across Major Indices
Business
8ย hours, 28ย minutes ago

Global Equities Market Plunges as Stocks Fall Across Major Indices

The global equities selloff intensified, with the FTSE 100 index falling 1% despite being outperformed by defensive stocks such as AstraZeneca and Imperial Brands, which received a positive earnings update. The Euro Stoxx 50 benchmark, comprising con

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Nestlรฉ accused of โ€™risking health of babies for profitโ€™ over added sugar in cereals sold in African countries
Business
2ย hours, 37ย minutes ago

Nestlรฉ accused of โ€™risking health of babies for profitโ€™ over added sugar in cereals sold in African countries

An average of 5g of added sugar a serving was found in products sold in South Africa, Egypt, Madagascar, Malawi and Nigeria, while one product sold in Kenya had 7.5g. Photograph: NestlรฉView image in fullscreenAn average of 5g of added sugar a serving

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DEVELOPING: Higher Prices Loom for Thanksgiving: Experts Warn of Costly Holiday Season
Business
1ย day, 10ย hours ago

DEVELOPING: Higher Prices Loom for Thanksgiving: Experts Warn of Costly Holiday Season

US consumers are bracing for a potentially costly Thanksgiving season, with wholesale turkey prices surging 40% year-over-year due to avian influenza outbreaks and increased demand. Beef prices are also expected to rise, up nearly 15% from last year,

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"China's $1 Trillion Spree: CIA Insurer Sold to Beijing Firm"
Business
14ย hours, 41ย minutes ago

"China's $1 Trillion Spree: CIA Insurer Sold to Beijing Firm"

A Chinese firm, Fosun Group, acquired Wright USA, an insurance company that provided liability coverage to CIA and FBI agents, in 2015, raising concerns about potential access to sensitive information. This deal is part of a larger trend of Chinese s

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Chinese Firm Acquires US Insurer for CIA Agents Amid $1 Trillion Spending Spree
Business
8ย hours, 42ย minutes ago

Chinese Firm Acquires US Insurer for CIA Agents Amid $1 Trillion Spending Spree

Fosun Group, a Chinese private company with ties to China's leadership, acquired Wright USA, an insurer specializing in liability coverage for CIA and FBI agents, in 2015 for an undisclosed amount. This deal is part of a larger $1 trillion spending s

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Japan Stocks Plummet as China Warns Against Travel Amid Taiwan Tensions
Business
1ย day, 8ย hours ago

Japan Stocks Plummet as China Warns Against Travel Amid Taiwan Tensions

Japanese tourism and retail stocks plummeted on Monday, with department store shares plummeting by as much as 12%, following a deepening row with China over Taiwan. The decline was led by major brands such as Mitsukoshi, Isetan, and Shiseido, with ca

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DEVELOPING: Google CEO Sounds Alarm: AI Bubble Threatens Global Business Stability
Business
6ย hours, 28ย minutes ago

DEVELOPING: Google CEO Sounds Alarm: AI Bubble Threatens Global Business Stability

Google CEO Sundar Pichai has sounded the alarm on the AI bubble, warning that no company, including his own, will be immune to the potential fallout if the market bursts. The head of Alphabet, Google's parent firm, cited "irrationality" in the curren

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