Technology 01 December 2023, 4:40 am 1 minute Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. Market Impact In 2022, Amazon Web Services (AWS) and Microsoft’s Azure had a combined 70-80% share of Britain’s public…
Next week’s Hollywood fundraiser for President Biden, his first in-person soiree here since the end of the entertainment-industry strikes dried up the traditional wellspring of campaign money, is expected to draw big-name donors spending as much as nearly $930,000 each in support of the Democratic leader’s bid for reelection. Biden, First Lady Jill Biden and…
The spice saffron fetches huge sums of money, but is hard to grow and Indian production is falling.
The world’s oil cartel agreed to slash production of crude by nearly 2 million barrels per day starting in January, a move likely to ratchet up geopolitical tensions with the United States and spike energy costs. At its Thursday meeting, the 13-member Organization of the Petroleum Exporting Countries and its 10 Russia-led allies, which together…
After months of strikes by the writers’ and screen actors’ unions — and billions of dollars in losses to California’s economy — Hollywood is back to work. Sort of. We still need the SAG-AFTRA membership to ratify the hard-won deal for the TV and movie industry to continue its post-pandemic recovery. Like the Writers Guild…
Elfbar and Lost Mary sold over £900m worth of vapes in twelve months, more than 160 million units, according to NielsenIQ. Their numbers only capture around half the market, as they don’t include many vape shops, online retailers and convenience stores. So the true figure could be double that.
Business & FinanceDeals 30 November 2023, 5:22 am 1 minute Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era…
Business & FinanceDeals 30 November 2023, 5:22 am 1 minute Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era…
Business & FinanceDeals 30 November 2023, 5:22 am 1 minute Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era…
Stung by an advertiser boycott and accusations of antisemitism, Elon Musk didn’t hide his hurt feelings in an onstage interview at the New York Times’ DealBook Summit conference. “Go f— yourself,” he said to the advertisers who have fled social media platform X, formerly Twitter. Then, apparently addressing Disney Chief Executive Bob Iger in the…
