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Royal Mail Executives Summoned to Parliament Over Letter Delivery Issues

Royal Mail executives will be called to Parliament to address serious concerns over delays in letter deliveries, with reports of parcels being prioritised and staff shortages impacting service.

2 min read

Nvidia's Strong AI-Driven Earnings Fail to Boost Shares Amid Market Caution

Nvidia reports record $68.1bn revenue driven by AI but shares barely rise amid investor caution and concerns over AI valuations and market impact.

6 min read

Man Utd Reports Operating Profit Despite Debt Nearing £1.3bn

Manchester United reports a £32.6m operating profit for H1 2025 despite debt nearing £1.3bn, driven by cost-cutting and strategic investments amid stadium plans.

2 min read

Family-Owned Twig's Beverage Keeps Tradition of Returnable Glass Soda Bottles Alive

Twig's Beverage, a family-owned Wisconsin soda company, preserves the tradition of returnable glass bottles and real sugar recipes, celebrating 75 years while expanding its brand across the Midwest.

5 min read

Engie to Acquire UK Power Networks for £10.5bn, Expanding UK Electricity Reach

French utility Engie will acquire UK Power Networks for £10.5bn, expanding its electricity network across London and southern England, supporting the UK's energy transition goals.

2 min read

Faisal Islam Explains Why Reeves Says UK Economy Is Turning a Corner

Chancellor Rachel Reeves highlights a 7% energy bill cut and suggests the UK economy is "turning a corner," amid mixed economic indicators and upcoming forecasts.

3 min read

30% o fusnesau bach Cymru yn ystyried cau, gwerthu neu leihau yn 2024

Mae 30% o fusnesau bach Cymru yn ystyried cau, gwerthu neu leihau maint yn 2024, gyda canolfan Dre Twt yn Sanclêr yn cau oherwydd costau cynyddol. Mae FSB Cymru yn galw am gefnogaeth i'r sector lletygarwch a hamdden wrth i hyder busnesau ddisgyn.

5 min read

Kalshi Penalizes MrBeast Editor and Ex-Governor Candidate for Insider Trading

Kalshi fined MrBeast's editor and ex-California governor candidate for insider trading, suspending both amid increased scrutiny of prediction markets.

3 min read

German Chancellor Merz Highlights Trade Imbalance with China on Beijing Visit

Germany's Chancellor Friedrich Merz, on his first Beijing visit, highlighted the significant trade imbalance with China, calling it "not healthy" and emphasizing efforts to reduce the deficit amid broader economic and geopolitical challenges.

4 min read

John Lewis Exits Housebuilding, Halts Plans for 1,000 Homes

John Lewis is exiting its housebuilding and property management businesses due to rising costs and economic shifts, refocusing on its retail brands John Lewis and Waitrose.

2 min read

Starmer Acknowledges More Work Needed Despite £117 Energy Bill Cut from April

Energy bills in Great Britain will fall by £117 annually from April due to a 7% reduction in the price cap. Despite this, PM Starmer says more must be done to reduce living costs. Other business news includes Trainline CEO resignation, Aston Martin job cuts, and GSK's acquisition of 35Pharma.

14 min read

HSBC CEO Says Bank Overhaul Nears Completion Despite Profit Decline

HSBC CEO Georges Elhedery signals the bank's overhaul is nearly complete despite a 7% profit decline, with strategic changes boosting stock and raising profitability targets through 2028.

3 min read