Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%
UK long-term borrowing costs have surged to 28-year highs amid a global bond market sell-off driven by inflation concerns and fears of unsustainable US deficit levels.
Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’
Sycamore Partners is reportedly in advanced talks to sell pharmacy chain Boots to Canada’s billionaire Weston family for $9bn, with a potential deal completion within days.
Battery tech: Europe hopes to make up ground in battery industry
European battery firms are developing nanotechnology solutions to compete globally, with companies like LeydenJar and Powall working on advanced anode and coating technologies despite risks and competition from China.
Europe’s car makers are in crisis. Will the threat of war rescue them?
European car manufacturers facing industry decline are increasingly pursuing military contracts to utilize unused production capacity, with Ford, Renault, and Volkswagen among companies pivoting toward defense work.
Why McDonald’s is following Walmart and Amazon into the advertising business
McDonald’s announced plans to create its own media network, beginning with advertising on digital drive-thru boards at company-owned locations, following retail giants like Amazon and Walmart.
What Trump’s potential US diesel export ban could mean for you
President Trump has indicated support for banning US diesel exports, arguing it would lower domestic fuel prices that have climbed near record highs. Energy analysts warn such a ban could trigger global inflation and damage US trade relationships.