Trending Business News
Octopus Energy urges millions of households to use less electricity during solar eclipse
Britain’s largest household energy supplier urges customers to reduce electricity use during a solar eclipse this week, offering rewards for those who shift appliance usage to help manage grid strain.
From ticket booking fees to shrinkflation, six other ways Burnham could cut cost of living
Andy Burnham has announced plans to ban fake discounts and simplify subscription cancellations. The article identifies six additional consumer protections including bans on ticket booking fees and energy provider direct debit hikes.
Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push
Nvidia is partnering with major Wall Street asset managers including Blackstone, Apollo, and KKR on a $500 billion infrastructure financing initiative to support artificial intelligence development.
Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO reports increased traffic and sales in June and July driven by World Cup tourism, with the company positioned in eight of eleven host cities.
Car washes and vape shops can still sponsor skilled foreign workers despite visa changes
Over 1,900 small businesses including vape shops and car washes retain licenses to sponsor foreign workers despite visa rule tightening in July 2025, BBC Verify investigation reveals.
Owner of Nottingham bicycle maker Raleigh files for insolvency
Accell, the Dutch parent company of historic bicycle manufacturer Raleigh, has initiated insolvency proceedings after reporting inability to meet financial obligations.
Diageo to nearly double Guinness production and cut jobs in turnaround plan
Diageo’s CEO plans to nearly double Guinness production and cut a significant portion of its 30,000-person workforce as part of a turnaround strategy targeting $1bn in annual savings.
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Sweetgreen slashed its full-year sales guidance due to consumer hesitancy surrounding a cyclospora outbreak affecting fresh produce, despite the chain not being directly implicated in the contamination.
Meta told to pay another $567m in New Mexico child safety lawsuit
A New Mexico judge ordered Meta to pay $567 million for failing to warn of child safety dangers on its platforms, marking the largest child safety fine against the company.
Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Moody’s warns that massive AI infrastructure spending at tech giants is eroding free cash flow and increasing balance-sheet risk, threatening credit quality despite strong current positions.
‘A small snippet’: what pubs make of Burnham’s £100m rates giveaway
Prime Minister Andy Burnham announced a 20% business rates reduction for pubs, clubs and live music venues, expected to cost £100m. Industry figures say the relief offers modest savings compared to other financial pressures facing hospitality businesses.
Mass job cuts loom at VW as profits fall steeply on China sales slump
Volkswagen reports a steep profit decline and cuts revenue forecasts due to a sales slump in China, planning to eliminate up to 100,000 jobs as part of a major restructuring program.
Burnham urged to award £2.4bn military satellite contract to Airbus over US rival
UK labor leaders and lawmakers are pushing the government to award a £2.4bn military satellite contract to Airbus rather than US competitor Lockheed Martin, citing concerns over job losses.
Water bosses’ pay rises despite bonus ban and public fury over bills and pollution
Water company executive pay rose to £25.3 million despite a government bonus ban, with chief executives using alternative compensation structures to circumvent restrictions amid public anger over pollution and rising bills.
New era for Gibraltar with removal of border controls with Spain
Gibraltar is set to remove its border with Spain on July 15, ending decades of frontier controls and allowing free movement between the British territory and the EU.
JetBlue wins Spirit slots at LaGuardia Airport, eyes move to Marine Air Terminal as airlines fight for space
JetBlue has acquired Spirit Airlines’ slots at LaGuardia Airport and is considering relocating to the Marine Air Terminal, the former budget carrier’s base before its collapse in May.
The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA clarified that a positive test for cyclospora in iceberg lettuce was a false positive, but maintains the outbreak linked to Taylor Farms lettuce still sickened over 1,600 people.
Eli Lilly says it will file for approval of next-generation obesity drug in 2027 as it clears two more trials
Eli Lilly announced it will file for approval of obesity drug retatrutide in early 2027 after successful Phase 3 trials showing significant weight loss and metabolic improvements.
Why three automakers dominate the fast-growing hybrid vehicle market
Three non-American automakers—Toyota, Hyundai Motor Group, and Honda—control 86% of the surging U.S. hybrid vehicle market, which reached a record 15.4% market share in the first half of 2026.
As Honda CR-V leads U.S. sales, automaker teases new American-built pickup truck
Honda confirmed a next-generation Ridgeline pickup truck will be produced in the U.S. following a temporary production stoppage later this year, with assembly resuming within two years.
UK mortgage rates rise to highest level for more than a month
UK mortgage rates have risen to their highest level in over a month as geopolitical tensions in the Middle East prompt lenders to increase costs on new fixed-rate deals.
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Business Articles
Argentina Raises Online Gambling Tax To 5%
South American punters are among the most active ones internationally and a strong community of gamers resides in Argentina. Local players get to choose from bookmakers, bingo and casinos that have the headquarters within national borders and offshore operators. While...
How SMS Text Messaging Enhances Business Operations
With some reports showing open rates as high as 98% compared to 20% for emails, SMS text messaging is an increasingly important tool for businesses of all sizes. The interesting development, though, is that the above stat does not apply to just marketing, but SMS text...
With Firefighters Under Pressure, Industry Is Providing Innovation
Due to climate change, temperatures are rising across the USA and this has been sharply felt in the upsurge in forest fires. Given the inherent danger that firefighting poses, many are reluctant to enter the profession, and the LA Times report that firefighter levels...
The benefits of opening an online business
An online business is any type of business developed via an internet platform that is used for selling products or services. There are many advantages for investors who choose to open an online business and entrepreneurs in some business fields may find that operating...