Elon Musk bought Twitter for $44bn – and it’s now worth less than half October 31, 2023 Twitter / X is now worth less than half what Elon Musk paid for it a year ago, the firm admitted in an internal memo yesterday
Unilever freezes fixed pay for top boss after shareholder revolt October 30, 2023 Unilever has said it is freezing its chief executive’s salary for the next two years after shareholders revolted over pay packages given to top bosses.
Tory MP sacked from government job for urging Rishi Sunak to back Gaza ceasefire October 30, 2023 Conservative MP Paul Bristow has been sacked from his government job after breaking ranks to publicly urge Rishi Sunak to push for a “permanent ceasefire” in Gaza.
Bankman-Fried trial continues: ‘Listen to the question, and answer the question directly’ October 30, 2023 Sam Bankman-Fried was back for his second day in front of the jury today, continuing his questioning by lead defence counsel Mark Cohen.
Israel-Hamas war: Suella Braverman hits out at pro-Palestinian ‘hate marches’ October 30, 2023 Home Secretary Suella Braverman has said the hundreds of thousands of people taking to the streets in support of Palestine were taking part in “hate marches”. She urged officers to take a “zero-tolerance approach to antisemitism” after attending an emergency Cobra meeting chaired by Rishi Sunak on Monday. The Prime Minister told police and the [...]
Israel-Hamas war: ‘From the river to the sea’ chant is “deeply offensive to many” – No. 10 October 30, 2023 Downing Street has expressed concerns over the chant “from the river to the sea,” describing it as “deeply offensive” to many, amid growing controversy surrounding the rhetoric used in recent pro-Palestinian demonstrations. The Prime Minister’s official spokesman said it is a matter for the police to decide on the appropriate response when confronted with the [...]
Safestyle: Almost 700 jobs to go after listed window firm enters administration October 30, 2023 The Bradford-headquartered business has a manufacturing site in Wombwell, near Barnsley and 42 branches and depots across the country.
Evergrande: Poster child of China debt crisis has winding-up hearing adjourned as it seeks new deal October 30, 2023 Evergrande, which has more than $300 billion of liabilities, became the poster child of a debt crisis that has since engulfed China's property sector.
Markets: Asian exchanges open slow as Israel-Gaza conflict weighs on sentiment October 30, 2023 Asian share markets were mixed on Monday as Israel’s push into Gaza stirred fears of a wider conflict ahead of central bank meetings in the United States, Britain and Japan, the latter of which might see a policy tightening. The earnings season also continues with Apple, Airbnb, McDonald’s, Moderna and Eli Lilly & Co among the [...]
The newest front in the US-China trade war? Japanese fish. October 30, 2023 The US-China trade war has an unlikely new flashpoint: where the US sources fish for its military stationed in Japan