World of Business

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Cardiff City Centre to Undergo Multi-Million Pound Shopping Arcade Revamp

Cardiff city centre will see a multi-million pound revamp including a new Hollywood Bowl with electric go-karting and renovations at Queens Arcade, featuring new restaurants and restored frontage.

2 min read

A CGI mock up of the outside of the proposed plans for Queens Arcade. It is a stone building, with restaurants out front with outdoor seating, and people with shopping bags walking by.

Oil Surges 4% as US-Iran Tensions Rise; Gold Declines Amid Market Volatility

AkzoNobel shares rise on Nippon Paint proposals; oil prices surge over 4% amid US-Iran tensions; gold slides; European airlines fall; UK bond yields climb ahead of Andy Burnham's expected premiership; markets react to geopolitical and economic developments.

6 min read

A cargo ship anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. Tehran announced it was closing the Strait of Hormuz on 12 July and launched missiles and drones at its Gulf neighbours, in retaliation for new US strikes following an attack by Iranian forces on a merchant vessel that was abandoned in flames by its crew.

SpaceX IPO Sets Records but Faces Investor Uncertainty After First Month

SpaceX's historic IPO sparked initial excitement, but shares have declined amid investor concerns over business fundamentals and upcoming earnings.

5 min read

Stylised image showing Elon Musk looking up with a rocket behind him to the right and a red line like that of a share price chart, against a red, black and white background

Switching Providers to Save Money Is Easier Than You Think

Switching broadband, bank accounts, and energy suppliers is now simpler than ever, thanks to regulatory improvements and services that handle most of the process for you.

3 min read

Stylised picture of a woman on the phone with cash on a table and a smart meter display in the foreground.

Aldi Expands in US Cities with $4 Almond Butter and Urban Stores

Aldi expands its US presence with 800 new urban stores, offering affordable products like $4 almond butter, attracting middle-income shoppers despite challenges from Walmart and high city costs.

6 min read

A woman with glasses in a black shirt and white pants holds a shopping basket

Strike Ends at Haldane Fisher After Inflation-Beating Pay Rise, Says Union

A five-week strike by 40 workers at Haldane Fisher in Newry ended after securing an inflation-beating pay rise, according to the union.

1 min read

A group of men standing behind a white banner that says 'Haldane Fisher Pay Your Workers' in bold clack letters.

Sky’s ITV Takeover Signals Major Shift in British TV Landscape

Sky's takeover of ITV ends 70 years of independence, raising concerns over job cuts, US influence, and the future of British TV amid streaming competition.

8 min read

Julia Majchrzak, Priya Jaswal, Lola Deal, Martha Rothwell, Charleen Murphy - 'Love Island' TV Show contestants

Trump Accounts Launch Aims to Boost Savings for American Children

Trump Accounts, a new savings program for US children, launched with mixed reactions. It offers a $1,000 start for newborns and aims to increase stock ownership, but experts warn of complexity and limited benefits for low-income families.

5 min read

President Donald Trump ringing the opening bell in the Oval Office on Monday. The US president is smiling at the cameras as he rings the big gold bell. He is wearing a dark blue suite, with a dark blue spotted tie and a white shirt.

England vs Norway World Cup Quarter-Final to Boost UK Economy by £500m

The England vs Norway World Cup quarter-final is set to boost the UK economy by nearly £500m, driven by increased sales in hospitality, retail, and delivery services as fans gather to watch the match.

5 min read

England fans cheer during a watch party at Boxpark with a fan in the centre of the image in an England shirt celebrating with his hands in the air towards the camera

EasyJet Agrees in Principle to £5.7bn Apollo Management Takeover Bid

EasyJet has agreed in principle to a £5.7bn takeover bid from Apollo Management, surpassing a prior £5.2bn offer from Castlelake. Apollo must submit a firm bid by 7 August, with regulatory hurdles including EU ownership rules.

2 min read

Scottish Pig Farmers Say £2m Aid Package Insufficient Amid Losses

Scottish pig farmers face significant losses amid low prices and oversupply. A £2m government aid package offers relief but is deemed insufficient to sustain the sector, which supports 2,200 jobs and faces a 15% sow reduction.

4 min read

Danny Skinner, wearing a red sweatshirt and dark blue dungarees, in from of his pigs.

SK Hynix Raises $26.5bn in Largest US Share Offering by Foreign Firm

SK Hynix raised $26.5bn in its New York share offering, the largest US listing by a foreign firm, driven by strong AI chip demand and investor interest.

2 min read