UK house prices up just 0.1% in July as buyers remain cautious on interest rates
UK house prices rose just 0.1% in July as buyer caution over interest rates and geopolitical tensions dampened activity during the traditional peak selling season.
More consumer companies are staying private for longer, avoiding the IPO road
Major consumer companies are increasingly staying private longer, with fewer IPOs occurring since 2021’s record year. Access to private capital and secondary markets have reduced the urgency for companies to pursue public offerings.
‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’s
Ben Cohen is campaigning to free Ben & Jerry’s from parent company Magnum, citing loss of independent governance and suppression of social activism around Palestine.
Oil companies report sky-high profits thanks to wartime crude prices
Major oil companies reported record or near-record quarterly profits as Middle East conflicts disrupted crude supplies, prompting calls from lawmakers for windfall taxes on the industry.
Adani to pay no company tax despite $1bn revenue from Queensland coalmine
Adani’s Queensland coalmine generated nearly $1 billion in revenue but paid no company tax by offsetting earnings with production and logistics expenses, raising questions about foreign entity tax structures.
ECB official warns climate crisis poses growing threat to ‘core financial stability’
An ECB official warned that climate change and ecosystem collapse pose growing threats to financial stability, as the central bank intensifies monitoring of nature-related risks to European banks.