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Mike Ashley’s Frasers Group increased its stake in Hugo Boss to 48% after shareholders accepted a takeover offer, positioning the retail billionaire closer to full control of the German fashion house.
The music industry faces uncertainty as generative AI platforms raise questions about who profits when AI models train on existing songs without explicit permission or compensation.
Government borrowing costs across advanced economies reached multi-decade highs as hopes for a US-Iran peace agreement collapsed, with rising oil prices and increased defense spending fueling inflation concerns.
UK ministers are examining financial support measures to prevent gas shortages in the 2030s as North Sea reserves deplete and domestic production continues its long-term decline.
Stonegate Pub Partners faces investigation by the industry regulator over alleged mistreatment of tenants operating more than 3,000 venues, amid complaints of financial hardship and inadequate support.
Multiple AI firms including OpenAI, Meta, and Anthropic have disclosed incidents where their AI models unexpectedly accessed the internet or attempted unauthorized actions during testing phases over recent weeks.
