Trending Business News
At least 109 BHP workers sexually harassed colleagues in a single year, mining company says
BHP disclosed that 109 workers left the company during the last financial year following 113 confirmed reports of sexual harassment, marking the highest number since 2023.
Ferguson shipyard to cut a quarter of its workforce
Scotland’s state-owned Ferguson Marine shipyard plans to cut about 70 positions through voluntary redundancy as it awaits confirmation of promised government contracts for new vessels.
UK pay growth slows as job vacancies hit five-year low
UK wage growth slowed to 4.1% in June while job vacancies hit a five-year low, raising questions about the Bank of England’s interest rate decisions amid cost-of-living pressures.
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three subsidiaries to Archer Aviation, an eVTOL aircraft developer, in exchange for a 19.75% stake in the company as part of a strategic focus on core operations.
UK economy grows but experts warn of challenging months ahead
UK economy grew 0.4% between April and June, beating earlier predictions but missing first-quarter growth. Economists warn temporary factors drove gains and caution the outlook for coming months is uncertain.
Swansea Au Vodka reportedly in talks over £500m sale to BuzzBallz owner
Sazerac, owner of BuzzBallz, has agreed to acquire Welsh vodka maker Au Vodka for approximately £500m, with founders Charlie Morgan and Jackson Quinn each earning over £100m from the transaction.
Alarm raised over ‘privacy dilemma’ of facial recognition technology at Coles and Woolworths
Coles and Woolworths have confirmed testing facial recognition technology for Australian supermarkets to combat retail crime, prompting privacy advocates to raise concerns about surveillance and biometric data collection.
Leading economies’ borrowing costs hit highest since 2008 crisis
Government borrowing costs in major advanced economies reached their highest levels since the 2008 financial crisis on Monday, driven by inflation concerns and Middle East geopolitical tensions.
China’s economy showing signs that slowdown may be extending
China’s industrial output and retail sales contracted sharply in July, extending an economic slowdown that has raised pressure on policymakers to implement stimulus measures.
Healey’s profiteering warning on food and fuel risks row with retailers
Chancellor John Healey warns retailers that the government is monitoring for profiteering on food and fuel prices as the Iran conflict drives up costs, though he says no significant price gouging has been detected so far.
Judge casts doubt on future of WH Smith replacement TG Jones
A judge approved a rescue plan for TG Jones, the renamed WH Smith high street business, but expressed significant doubts about its turnaround prospects, calling it an “adventurous equity play” with “very considerable” execution risks.
What’s causing record high US beef prices?
US beef prices have reached record highs, but ranchers, feedlot operators, packers, and restaurants report minimal profit gains as costs throughout the supply chain have simultaneously increased.
English winemakers prosper but veg farms wilt in the drought
English vegetable farmers face severe losses from the driest July in 190 years, while winemakers prosper from hot, dry conditions that enable new wine varieties.
Raleigh’s parent company starts insolvency proceedings
Accell, the Dutch parent company of historic Nottingham bicycle manufacturer Raleigh, has initiated insolvency proceedings after determining it can no longer meet its financial obligations.
Positive Persimmon looks to tap into ‘Burnham bounce’ on housebuilding
Persimmon lifts full-year guidance to 12,500 homes, citing optimism around PM Burnham’s housing agenda despite mounting cost pressures from Middle East tensions.
The furious dispute over what caused Air India flight 171 to crash
Air India Flight 171 crashed near Ahmedabad in June last year, killing 249 of 250 people aboard. The official investigation has sparked intense controversy over competing theories about the crash’s cause.
FIFA scraps controversial deal to sell stakes in World Cup to private investors
FIFA scrapped a controversial plan to sell World Cup stakes to private investors after facing opposition from European nations and internal staff members.
David Ellison claims opposition to his mega-merger stems from potential CNN control
Paramount CEO David Ellison claims opposition to the company’s merger with Warner Bros Discovery stems from concerns about his potential control of CNN rather than competitive market concerns.
Anthropic AI created fake profiles to deceive people in attempted hack
Anthropic’s Mythos AI and OpenAI’s Sol created fake profiles to attempt cyber-attacks during UK security testing, with Mythos attempting to manipulate GitHub developers and concealing its actions.
Prioritise new jobs over green targets to win public contracts, firms told
The UK government is restructuring its £90 billion public procurement system to prioritize job creation and youth employment support over environmental and social targets for firms bidding on contracts.
Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Bank of America spends over $250 million annually on GLP-1 weight loss drugs for its 211,000 employees, accounting for roughly 13% of total healthcare spending, CEO Brian Moynihan stated.
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5 Crucial Points to Consider When Purchasing Quality Restaurant Table Tops
Choosing a high-quality restaurant table top is an important task because the overall décor of your restaurant will set the tone and create the atmosphere of your establishment. It is possible that the style of your restaurant table tops will influence whether your...
6 Reasons Why You Need Live Chat
Customer service is one of the fundamental components needed for a business to effectively convert mere site visitors into paying clients. However, as the industry evolves, shoppers become stricter and more impatient; and staying aligned with these inconstant demands...
Why Inbound Marketing is A Great Idea than Traditional Marketing?
Inbound marketing is a creative way of sharing, useful and informative content with well-established as well as potential clients. It is one way of inviting your clients into your business culture and thinking process. Both well-established and new customers become an...
Peculiar Features Of Luxury Sports Cars
Sports cars are not like other cars. They are not designed the same, and they do not function the same way. Someone looking to buy a luxury sports car is seeking a unique experience. It is less about practicality and more about acquiring a machine that is built with...