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Rare 1926 Macallan Whisky Sells for £2.1m at Sotheby's Auction in Scotland

A rare Macallan 1926 whisky bottle sold for £2.1m at a Sotheby's auction in Scotland, setting a new record for Fine & Rare bottlings. The exclusive event at the Macallan Estate raised £3.3m across 42 lots, with the headline bottle achieving the second-highest price ever for whisky at auction.

4 min read

Trump says Putin agrees to release Russian diesel to lower global prices

President Trump announces an agreement with Putin to release Russian diesel supplies into global markets, with the US Treasury issuing a temporary license to permit imports.

2 min read

Trump launches formal investigation into Fed Governor Cook over mortgage fraud allegations

Trump establishes a formal committee to investigate Federal Reserve Governor Lisa Cook over mortgage fraud allegations, renewing efforts to remove her despite a Supreme Court ruling that his earlier firing was unconstitutional.

4 min read

Deutsche Bank trader's rate-rigging conviction overturned in latest appeal victory

Christian Bittar's conviction for manipulating Euribor has been quashed by the Court of Appeal, making him the latest trader exonerated in the rate-rigging scandal. Eighteen of 19 convicted traders have now been acquitted following a Supreme Court ruling that found trial judges had misdirected ju...

6 min read

Burnham pledges to restrict non-compete clauses in employment contracts

Prime Minister Andy Burnham has pledged to introduce legislation restricting non-compete clauses in employment contracts, arguing they hinder innovation and prevent workers from changing jobs. Details are expected alongside the Budget on 28 October.

5 min read

Andrew Mountbatten-Windsor receives £302,000 after surrendering Royal Lodge lease early

Andrew Mountbatten-Windsor has received £302,000 compensation after surrendering his Royal Lodge lease early. The Crown Estate confirmed he paid £1.8m in restoration costs and returned the property over 50 years ahead of schedule. A court ruled Thames Valley Police's search warrants were unlawful.

3 min read

Trump pursues fuel cost cuts ahead of midterm elections—but can they work?

As midterm elections approach, President Trump has announced measures to reduce fuel costs, including allowing red-dyed diesel on highways and coordinating a G7 oil release. Analysts question whether these steps can meaningfully lower prices before November.

7 min read

Adidas sues White Fox over four-stripe design in Australian trademark battle

Adidas has sued Australian fast-fashion retailer White Fox in Federal Court, claiming the company's four-striped clothing design infringes its iconic three-stripe trademark. White Fox denies the breach and argues other Australian brands use similar stripes. A trial is expected in early 2027.

5 min read

Spain's Housing Crisis: Protesters Target Investment Funds Over Soaring Rents

Protesters in Madrid blame investment funds and short-term rentals for Spain's housing crisis, citing the eviction and death of pensioner Maricarmen Abascal. However, economists point to insufficient construction and demographic changes as the primary causes of soaring rents.

6 min read

E.ON completes Ovo takeover, leaving UK energy market dominated by three suppliers

E.ON has completed its acquisition of Ovo Energy, leaving Britain's household energy market dominated by three major suppliers. The merger was approved by regulators despite concerns about reduced competition and potential impacts on consumer choice and pricing.

5 min read

Marston's Burton Brewery faces closure as cask ale demand collapses

Carlsberg Britvic has revealed plans to close Marston's Brewery in Burton-upon-Trent and its logistics operation next summer, citing a dramatic decline in UK cask ale demand that has fallen by more than half in a decade.

3 min read

Kingspan hit with €40m fine for misleading EU competition investigators

Kingspan, the Irish building materials firm valued at €18bn, has been fined €40m by the European Commission for providing false and misleading information during its investigation into the company's attempted acquisition of rival Trimo. The fine covers four substantiated breaches of disclosure ob...

3 min read