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Business

Diageo price hike fails to bring cheer to pub landlords

The price hikes will mainly hit the Rockshore, Guinness, Hop House 13 and Carlsberg brands.

Economy

How could Baltimore's bridge collapse impact global supply chains?

Baltimore’s bridge accident could lead to automobile supply chain delays for several companies including Nissan, Ford and Jaguar Land Rover, among others.

Business

Novo Nordisk looks to expand into heart disease treatment

The Novo Nordisk deal is due to be wrapped up in the second quarter of this year. It will help to establish the maker of Wegovy and Ozempic in the cardiovascular treatment market.

Economy

EU banks under attack over funds to ecosystem wreckers

Banks including Santander, BNP Paribas and Deutsche Bank are among the financial institutions accused of funding companies destroying ecosystems.

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Business

Nationwide apologises to customers as tech glitch delays payments

Nationwide is one of the latest to see IT glitches, following the likes of Sainsbury’s, McDonald’s, Greggs and Tesco, amongst others.

Economy

Where in Europe do you pay the lowest capital gains tax?

Capital gains tax goes from 0% to 42% depending on which country houses the investment in Europe.

Business

Hermès lands in hot water over Birkin bag sales antitrust class action

Hermès has been slammed for allegedly coercing clients to buy other products, to hopefully get a chance to buy the famed Birkin bag.

Markets

Bitcoin tops $67,000 as US Federal Reserve keeps rates steady

Bitcoin has seen increased interest over the past few months, following the approval of bitcoin exchange-traded funds earlier this year.

Business

Samsung shares rise on hopes of Nvidia using its new-gen memory chips

Samsung could be joining the likes of SK Hynix, the world’s second biggest memory chip producer, as one of Nvidia’s suppliers.

Economy

Germany's commercial real estate plunge could be a threat for banks

Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector.

Business

Baby food makers set to fend off swathes of lawsuits

Reckitt has said that baby formula manufacturers have faced several complaints in general, and it is not possible to tell which one of these relate solely to its own baby food arm.

Economy

The art of the deal: How side hustles help keep Gen Zers afloat

As the cost of living keeps rising, Gen Zers are increasingly turning to side hustles to pay essential bills.

Business

Adobe shares plunge on downbeat forecast and competition worries

Despite a robust fiscal year 2024 first quarter, the company anticipates a downturn in the second quarter as competition from other artificial intelligence companies grows.

Economy

China's semiconductor production challenges could be a boon for Europe

Ageing technology and COVID-19 belt tightening are some of the challenges faced by China in its race to achieve semiconductor independency.

Economy

Ukraine slashes interest rates to 14.5%, Finnish inflation slides

Sweden and Spain also saw slowing inflation, helped by food and non-alcoholic beverage prices falling, as well as clothing and footwear prices.

Business

Adidas profits take the rap after ending Ye connection

Adidas reports first annual loss in three decades as sales take a hit after the company stopped sales of the popular Yeezy sneaker line.

Economy

Russian inflation touches one-year high in February on service prices

Russian inflation in February was mostly boosted by increases in services and non-food product inflation.

Business

US House passes TikTok bill: Could app be banned in the US?

The US House of Representatives has cited data privacy and security concerns as some of the reasons behind this bill.

Business

Chinese tech giant Xiaomi expected to start EV sales this month

Xiaomi was one of the few new electric vehicle manufacturers to get approved by China, amidst a rush of prospective new entrants wanting to take advantage of the country's EV boom.

Business

Southwest Airlines rethinks 2024 financial forecast due to Boeing woes

Boeing’s aircraft delivery delays have caused a number of airlines to revise their capacity forecasts for 2024, as well as pause hiring.

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