Trending Business News
Argentine leader threatens to sanction oil firms and reiterates Falklands claim
Argentina’s president threatens economic sanctions against oil companies exploring near the Falkland Islands, reigniting a sovereignty dispute with the UK that dates back over 40 years.
UK has not done enough to prepare for shocks to food supplies, says watchdog
The UK’s food supply system remains insufficiently prepared for potential disruptions from climate change, disease, and cyber-attacks, according to the National Audit Office watchdog.
Experts weigh in on how to tackle illicit tobacco – and why an 80% excise cut is not on their list
Health experts are questioning a proposed 80% tobacco excise cut, arguing stronger enforcement and existing law implementation should be the primary focus for reducing illicit tobacco markets.
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers in the UK and US face sharply higher fuel costs due to escalating Middle East tensions, Russian export restrictions, and reduced refining capacity, with diesel prices rising 10-14p per litre in days.
US diesel prices hit an all-time-high
US diesel prices reached an all-time high of $5.85 per gallon amid ongoing regional conflict, prompting the government to pursue new oil agreements to address fuel costs.
Firmus Energy: Customers face price increase in October
Firmus Energy announced price increases of 8.98% for Ten Towns customers and 12.5% for Greater Belfast, effective in October, citing elevated global gas market costs.
Why are bond yields rising and how does it affect me?
UK government borrowing costs have risen to their highest levels in years as investors worldwide worry about inflation and debt sustainability, affecting mortgage rates and public finances.
Why the UK is dithering over what to do about e-scooters
Six years into government trials, the UK remains undecided on legalizing e-scooters, leaving a regulatory gap as privately owned devices proliferate illegally across the country.
Somerset cider makers left with very few apples after heatwaves
Somerset’s cider orchards have suffered severe apple shortages due to prolonged summer drought, with many producers reporting crop losses of up to 90% and trees dropping fruit before ripening.
How Taylor Farms became integral to America’s food supply system
A cyclospora outbreak has thrust Taylor Farms, which supplies 40% of grocery store salad kits, into scrutiny over its central role in America’s food supply and food safety challenges.
Asda returns to growth after more than two years
Asda reports its first sales growth in more than two years, driven by lower prices and improved online services, marking a significant turnaround milestone for the UK’s third-largest supermarket.
Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists
Federal Reserve Chair Kevin Warsh stated the central bank remains committed to achieving stable prices as inflation persists above target, while markets interpreted his remarks as potentially signaling future rate increases.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Wells Fargo and Citigroup have regulatory capacity to acquire major regional banks as merger restrictions ease under the current administration, though consolidation activity remains limited.
UPS is investing $2 billion in international, healthcare and supply chain businesses
UPS is committing over $2 billion to investments in international, healthcare, and supply chain solutions businesses through 2028, aiming to help customers navigate complex global logistics.
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
Warner Bros. Discovery faces operational uncertainty as its proposed $110 billion merger with Paramount Skydance faces regulatory delays and antitrust challenges from California officials.
Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap appointed Michael Francis as the new Old Navy CEO effective November 2, aiming to revive the struggling brand. The announcement boosted Gap shares 12% in extended trading.
Fed’s Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Federal Reserve Chair Kevin Warsh signaled at Jackson Hole that inflation remains above target, prompting markets to increase bets on potential interest rate increases in the coming months.
The London office, the empty boxes and the £1bn tax loophole
A court of appeal ruling has ended a widespread tax avoidance scheme involving placing boxes in empty London offices to avoid business rates, a practice estimated to have cost councils over £1 billion.
BT on track for estimated £2bn windfall from selling old copper amid AI boom
BT is on track to receive over £2 billion from selling surplus copper cabling over the next decade as it upgrades the UK network to full-fibre broadband, capitalizing on surging copper prices driven by AI and renewable energy demand.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced new drug pricing agreements with nine pharmaceutical companies, bringing his administration’s total to 26 companies representing an estimated 90% of the U.S. pharmaceutical market.
Why the UK is dithering over what to do about e-scooters
The UK government remains undecided on e-scooter regulation six years into trial programs, as privately owned devices proliferate illegally while public rental schemes gain popularity in cities across England.
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Business Articles
Everest Business Funding Explains How to Create an Excellent Customer Service Experience
What keeps businesses in operation? Yes, the employees and executives are the hands and feet of moving a business forward, but the root of what keeps companies in operation is customers. Without consumers existing and fueling revenue into the business, there would be...
Top-Rated Indonesian E-commerce Websites to Watch in 2022
Indonesia's digital economy is one of the largest in Southeast Asia, with unicorns such as OVO, Traveloka, Tokopedia, and Bukalapak fronting digitalization. Statista predicts that Indonesian e-commerce will reach $62.59 billion by December 2022, and users will reach...
Benefits of Using Memes in Your Social Media Strategy
It is well known in marketing that "content is king", and that memes have justly earned the title of "the kings of content", since it is estimated that 55% of internet users between 13 and 35 years old is dedicated at least once a week to create, search or share...
5 Qualities of a Great Local Courier Service
Have you ever contacted a delivery service and been disappointed with the quality or timeliness of their service? Have you ever ordered something in the mail and it went to the wrong address or never arrived at all? And what about that Christmas package that was...