Could Wells Fargo Target Barclays in Mega-Deal?
Rumours of a Wells Fargo takeover of Barclays circulate, while TG Jones faces restructuring and LIV Golf seeks new funding beyond Saudi Arabia.
Category : Business
UK Data Centres Consume 6% of Electricity, Emissions Soar
UK data centres consume 6% of electricity, more than London's homes. Government emissions forecasts revised upward 100-fold. Old tech and lack of efficiency standards blamed.
UK firms eye relocation abroad for stable tax regimes
UK businesses are most likely among global peers to move operations abroad for predictable tax and regulatory environments, with 39% delaying investments due to policy uncertainty, according to Baker Tilly International.
PWC Staff to Enjoy Half-Day Fridays This Summer
PwC brings back half-day Fridays for summer, allowing employees to finish work at lunchtime from July to August to boost morale and flexibility.
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Schroders Seeks Platform Deals for European ETF Growth
Schroders plans to expand its European ETF business through platform partnerships, aiming to increase market share in the region.
EY’s John Owen Named Next CEO of Investment Association
The Investment Association has chosen John Owen, a partner at EY, as its next chief executive, succeeding Chris Cummings. Owen will lead the trade body representing UK asset managers.
Deliveroo Bundles Top-Up Features to Rival High Street
Deliveroo introduces Bundles, allowing orders from up to three shops simultaneously, and extends top-up to restaurants, aiming to emulate high street shopping as UK order value jumps 20%.
UK Housing Market Still in Iran War Slump
RICS survey reveals UK housing market remains subdued due to Iran war, with buyer demand low and prices falling, especially in London and the South East.
Fractile Lands $220M in UK AI Boost
UK AI chip startup Fractile raises $220M in Series B funding led by Accel, Factorial Funds, and Founders Fund, as government touts British AI strength.
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Assassin's Creed Hexe Leak: Ezio Returns via Animus Glitch
Leaked dialogue suggests Ezio Auditore returns in Assassin's Creed Hexe through an animus glitch, teaching protagonist Anika skills in 16th-century Germany.
CGT and Negative Gearing Benefit Top 1%
New data shows over half of capital gains tax concessions go to the top 1% of earners, highlighting inequality in housing tax breaks.
Budget 2026: First Step to Future Prosperity
Jim Chalmers' 2026 budget takes overdue steps toward economic reform and environmental protection, but doesn't fix everything. It's a credible first payment to future generations.
Is Big Brother Watching You Shop? Live Facial Recognition in Retail
Live facial recognition is expanding from police to retail stores, promising to curb shoplifting but raising surveillance concerns. The technology has falsely accused shoppers, and critics worry about its spread into public spaces.
Chalmers on Negative Gearing Reform in Budget
Treasurer Jim Chalmers explains why Labor didn't fully abolish negative gearing in the budget, saying reforms strike the right balance for Australia's future.
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Brett Ratner on Trump China Trip for Rush Hour 4
Director Brett Ratner accompanies President Trump to China to scout locations for Rush Hour 4, amid controversy over past #MeToo allegations and Trump's support.
Modella's High-Stakes Gamble on TG Jones Revival
Modella Capital's takeover of WH Smith's high street chain, rebranded as TG Jones, faces a critical restructuring with up to 150 store closures and thousands of job cuts, as the low-profile firm positions itself as key creditor, landlord, and brand owner.
Arc'teryx Alpine Academy: Mountain Skills Festival in Chamonix
Join the Arc'teryx Alpine Academy in Chamonix for expert-led clinics in climbing, hiking, and more. A perfect summer festival for aspiring mountaineers.
Trump Takes Tech Titans to China: Trade Talks
On the eve of Trump's Beijing trip, we analyze his changing approach to Xi Jinping, tech CEOs like Musk and Cook joining him, and the focus on trade. Plus, the billion-dollar ballroom mystery.
2026 Budget: Pauline's Australia with Aussie Woosers
The 2026 federal budget introduces 'Aussie woosers' instead of winners and losers, marking a shift to Pauline's vision of equality.
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Why Was the NDIS Cut? Budget 2026 Q&A
Guardian Australia answers key questions about the 2026 federal budget, including NDIS cuts, property tax changes, and housing policies for younger Australians.
Australia Deploys E-7A Wedgetail to Strait of Hormuz
Australia will send its E-7A Wedgetail surveillance aircraft to join an international mission to reopen the Strait of Hormuz, with Defence Minister Richard Marles considering further contributions.
Michelin Guide Coming to Australia in 2027
South Australia secures a deal with Michelin to be the first Australian state in the guide, aiming to boost gastronomic tourism and economic development.
Vistry Warns of Lower Profits Amid Iran War
Vistry Group warns first-half profits will be 'significantly' lower due to Iran war uncertainty, forcing price cuts and incentives. Shares plunge 10.5%.
Data Centers Use 6% of UK, US Electricity Amid AI Surge
Data centers now consume 6% of UK and US electricity, with AI driving a 15% global rise in two years. Greenpeace warns of higher bills and fossil fuel reliance.
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Trump in Beijing for Summit with Xi Jinping
Donald Trump arrives in Beijing for talks with Xi Jinping amid Iran war shadow, as US seeks China's help on Middle East peace and trade issues.
Intertek backs £10.6bn takeover by Swedish firm EQT
Intertek, a FTSE 100 lab testing firm, agrees to a £10.6bn takeover by Swedish private equity firm EQT, owned by the Wallenberg family.
Utah Datacenter Twice Size of Manhattan Sparks Fury
Utah approves Stratos AI datacenter spanning over 40,000 acres, requiring more power than the entire state uses, sparking backlash over water and energy concerns.
Nissan in Talks With Chery Over Sunderland Plant
Nissan's CEO confirms talks with China's Chery about building cars at the Sunderland plant, as the Japanese carmaker posts steep losses and considers options for its 6,000 workers.
Kyle Diamantas Named Acting FDA Commissioner
Kyle Diamantas, a former corporate lawyer and FDA deputy commissioner for food, takes over as acting FDA commissioner after Marty Makary's resignation.
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Live Nation Revives Weston-super-Mare's Tropicana Lido
Live Nation plans to transform the abandoned Tropicana lido into a year-round event space for up to 10,000 people, aiming to boost Weston-super-Mare's economy and tourism.
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