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Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending
Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentialsBusiness live – latest updatesConsumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK lifted summer spending.A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long
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Trump’s media company, which also owns Truth Social, reports $238m loss
Company also announced a paid service for early access to president’s posts on policies to the social media siteDonald Trump’s media company – which owns the Truth Social platform favored by the US president – posted a $238m loss in the second quarter.Trump Media & Technology on Monday reported that losses in the three months through June came as the company branched into new ventures including crypto. The company’s new chief executive, Kevin McGurn, announced at a conference call
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Rail passengers face second day of disruption across north-west England
Problems after power failure at regional signalling centre likely to continue until noon with many crews and trains in wrong locationsBusiness live – latest updatesRail passengers are facing a second day of travel disruption across parts of north-west England, after a power failu
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New Mexico court orders Meta to pay $567m over harms to children’s mental health
Ruling comes as part of second phase of landmark trial that found social media company enabled harm against usersA New Mexico court has ordered Meta, the parent company of Facebook, to pay $567m into a fund aimed at redressing adverse mental health impacts from the social media giant’s platforms.The Thursday ruling comes as a part of the second phase of a landmark trial the social media giant lost in March. At the time, a jury found that the company knowingly harmed children’s mental h
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Paramount concessions lead UK to approve takeover of Warner Bros
Culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of Warner Bros Discovery, removing one of the remaining obstacles
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Fifa World Cup ad income boosts Fox’s revenue to $4.21bn in fourth quarter
Average cost of a 30-second spot during tournaments airing on Fox was reportedly between $200,000 and $750,000Fox Corp, parent company of Fox News and the US broadcaster of the Fifa World Cup, reported revenue up 28% to $4.21bn in the fiscal fourth quarter, thanks largely to adve
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‘They’re selling the safety of the traveling public’: TSA workers decry Trump privatization push
Union exploring options to oppose program that would put US airport screening into hands of private contractors The labor union representing workers at the Transportation Security Administration (TSA) is raising alarms over a new program that will expand privatizing security checkpoints at three airports.The agency informed the union last month of plans to enact the TSA Gold+ program, which would shift security and control of the screening technology into the hands of private contracto
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SpaceX beats revenue expectations in first earnings report after IPO crash
Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debutFor the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June.SpaceX beat Wall Street expectations, reporting $7.81bn in revenue, versus analysts’ predictions of $6.93bn. While expansive, the company
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Azeite pode ficar mais caro novamente com safra europeia pressionada pelo calor
O aumento das temperaturas, a seca e os incêndios florestais voltam a ameaçar a produção de oliva na Europa. Com oferta menor e custos mais altos, o azeite tende a encarecer outra vez nas prateleiras.
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Seca britânica ameaça abastecimento de alimentos e preocupa mercado europeu
Estiagem prolongada na Inglaterra coloca em risco a produção agrícola e pode gerar falta de alimentos. Setor alerta para impactos imediatos nas prateleiras de supermercados.
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Parque de £600 milhões na Inglaterra sob holofotes por conexões secretas com o Kremlin
A expansão internacional da Puy du Fou no Reino Unido é abalada por revelações sobre parcerias prolongadas com oligarcas russos sancionados na Crimeia ocupada, gerando um enorme desafio de relações públicas e branding geopolítico.
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Seca histórica no Reino Unido coloca crise alimentar no centro das atenções
Com colheitas devastadas pelo calor extremo e pela estiagem prolongada, produtores britânicos recorrem a importações para abastecer o mercado — e os preços no atacado já sentem o impacto.