UK Supermarkets Warn of Food Supply Chain Vulnerabilities Amid European Heatwaves
Business & Markets • 2 months ago
Tesco, Sainsbury's, and other major food companies have issued a joint letter urging government action on food security.
Business & Markets News
Beauty Business Founder Shares Entrepreneurial Lessons
Business & Markets • 2 months ago
Marcia Kilgore, who dropped out of university to launch five beauty businesses, outlines key principles for success.
Bank of England Expected to Hold Interest Rates Amid Inflation Concerns
Business & Markets • 2 months ago
The Bank rate is anticipated to remain unchanged for the fifth consecutive time as inflation hovers above the 2% target.
Crustacean Beverly Hills Secures Temporary Extension on Closure
Business & Markets • 2 months ago
The famed Vietnamese-fusion restaurant will remain open through October 31 following an eleventh-hour agreement with its landlord.
Meta Shares Plunge 10% Amidst Aggressive AI Spending
Business & Markets • 2 months ago
The social media giant's free cash flow dropped 91% in the second quarter, alarming investors despite strong revenue growth.
Johnson & Johnson Enters Strategic Agreement with Sail Biomedicines
Business & Markets • 2 months ago
The deal includes an initial payment of $785 million and an exclusive option for Johnson & Johnson to acquire Sail for $2.58 billion.
Chinese Robotics Firms See Opportunity in UK's Productivity Challenges
Business & Markets • 2 months ago
Weak productivity growth and labor shortages in the UK are creating a market for automated solutions, with Chinese companies like Geek+ leading the charge.
Meta's Q2 Profit Dips Amid Legal and Severance Costs, Revenue Surges
Business & Markets • 2 months ago
The social media giant reported a 14% drop in profit despite a 28% revenue increase, driven by significant legal expenses and employee severance packages.
JetZero Secures $3 Billion Deal for New 'Manta Ray' Aircraft Factory
Business & Markets • 2 months ago
California-based JetZero aims to challenge the Boeing-Airbus duopoly with its innovative Z4 prototype and U.S. Export-Import Bank funding.