How the drought hit UK farms: Half the harvest, double the bills
UK farms faced record drought this summer, cutting wheat harvests in half and costing dairy farmers over £100,000 in additional feed and cooling expenses.
McDonald’s sued for allegedly using AI tool to determine pricing for franchises
McDonald’s faces federal antitrust lawsuit alleging use of AI tool to coordinate pricing across franchises, potentially violating competition laws and inflating menu prices for consumers.
Royal Mail to cut up to 2,500 jobs amid restructure and fall in letter deliveries
Royal Mail plans to cut up to 2,500 jobs as the postal service restructures amid declining letter volumes and regulatory pressures, with changes to be completed by year-end next year.
South West Water owner taps investors to fix infrastructure after sewage spills
Pennon, owner of South West Water, announced a £550m capital raise and 30% dividend cut following a record £7.9m fine for sewage spills, as the company pursues infrastructure improvements.
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings expectations as its beer division gained market share, but consumer demand softened amid economic pressures and elevated fuel costs affecting discretionary spending.
The start-ups hoping to return battery making to the US
US-based battery startups are developing sodium ion technology as an alternative to lithium ion, aiming to establish domestic manufacturing and supply chains while addressing growing energy storage demands.