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Amid escalating geopolitical risks and fluctuations in financial markets, UK retail investors amplified their engagement with US technology stocks in April. Trading statistics from prominent investment platforms reveal that American tech giants like Nvidia, Palantir, and Tesla led the most-traded listings, highlighting the persistent allure of US innovation leaders for British investors. On the AJ…
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TikTok hit with €530m fine by EU for unlawful data transfers to China TikTok has received a €530 million (£451.9 million) fine from Ireland’s data protection authority for violating EU data privacy laws, marking a major intensification in European examination of international tech companies and their global data transfer methods. The decision, delivered by Ireland’s…
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McDonald’s reported a 3.6% fall in US same-store sales in Q1 2025 — its steepest decline since the pandemic.
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Two of the UK’s most prominent high street brands – Marks & Spencer and Co-op – have recently fallen prey to a rising tide of cyber threats, underscoring the growing susceptibility of Britain’s retail industry to advanced digital assaults. Marks & Spencer (M&S) has been dealing with the repercussions of a ransomware incident, while the…
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With gold prices hovering near record highs, a growing chorus of analysts, investors and executives is watching.
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Circular economy start-up Syre has signed a memorandum of understanding with the provincial government of Bình Định in Vietnam, marking a key step toward establishing its first large-scale textile-to-textile recycling facility in the region. The plant — which the company refers to as “gigascale” — would be the first of its kind for Syre and…
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Microsoft’s stock surged by more than six percent in after-hours trading on Wednesday, following a strong earnings report that exceeded predictions and highlighted the robust performance of its artificial intelligence (AI) and cloud computing sectors. The American technology leader reported a 13 percent year-over-year increase in revenue, reaching $70.1 billion (£52.5 billion) for the quarter…
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Tesla has denied reports that its board is seeking a replacement for chief executive Elon Musk, after a Wall Street Journal report claimed the company had began a search for its new chief executive, amid mounting concerns on his political entanglements. In a post early Thursday on X, the social media owned by Musk, Tesla…
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Tesla begins search to replace Elon Musk after 71% profit drop and growing investor unease over his political role, as Musk pledges to shift focus back to the company. Read more: Tesla launches CEO search as Elon Musk pledges return amid stock plunge and political fallout
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Business confidence rose to its highest level since September, boosted by Trump’s tariff delay and easing cost pressures, according to new data from the Institute of Directors. Read more: Business confidence hits highest level since October budget as Trump delays tariffs