Water firms risk £800m payout as lawsuits target ‘misleading’ pollution reporting August 9, 2023 Six English water companies are to face legal action over allegations of underreporting pollution incidents and overcharging customers.
Tory revolt over new oil boiler ban heats up as minister compares it to ‘rural ULEZ’ August 8, 2023 Former environment secretary George Eustice has compared the proposed bans on new oil boilers to the Ulez car ban in London.
Siemens Energy books £3.9bn losses over wind turbine unit woes August 8, 2023 Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.
Aussie buyer of Britishvolt fails to pay up, administrators say August 8, 2023 The Australian company which was supposedly meant to buy failed battery start-up Britishvolt has missed the deadline.
Musk says fight with Zuckerberg will be live-streamed on X August 6, 2023 Elon Musk said in a social media post that his proposed cage fight with Meta CEO Mark Zuckerberg would be live-streamed on social media platform X, formerly known as Twitter. The social media moguls have been egging each other into a mixed martial arts cage match in Las Vegas since June. “Zuck v Musk fight will be live-streamed on [...]
Musk’s X to pay legal bills of people ‘unfairly treated’ for posting on platform August 6, 2023 Elon Musk has said his X social media platform will pay the legal bills and sue on the behalf of people who have been treated unfairly by employers because of posting or liking something on the site formerly known as Twitter. “If you were unfairly treated by your employer due to posting or liking something on this [...]
Amazon forecasts bright third quarter on resilient cloud sales and shopping trends August 4, 2023 Amazon reported sales growth and profit that beat expectations as the company delivered goods faster and more cheaply to shoppers while recent cloud-computing headwinds began to subside. Amazon’s Wall Street shares surged nine per cent on the news, extending its stock market value more than $120 billion in after-hours trading. On the FTSE 100 index, [...]
Apple earnings top analysts’ forecasts but year-over-year sales drop again August 4, 2023 Apple made a slightly higher profit last quarter even though sales dipped during the period – a time during which the iPhone maker became the first publicly held company in the US to be valued at 3 trillion dollars. The results released on Thursday covered April to June, the third consecutive quarter that Apple has posted a year-over-year [...]
Minister encourages over-50s to embrace diverse jobs like delivering takeaways August 3, 2023 The Work and Pensions Secretary has suggested the over-50s should break free from age-related job stereotypes and embrace a wider range of career opportunities like delivering takeaways. Mel Stride’s comments came during a visit to the London headquarters of food delivery firm Deliveroo, which has recorded a 62 per cent increase in riders aged over [...]
Adidas brings in £344m from sale of Yeezy shoes that will aid anti-hate groups August 3, 2023 Adidas brought in €400m (£344.6m) from the first release of Yeezy trainers left over after breaking ties with Ye, the rapper formerly known as Kanye West. The news comes as the German sportswear maker tries to offload the unsold shoes and donate part of the proceeds to groups fighting antisemitism and other forms of hate. [...]