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BUSINESS

Next hikes profit outlook after hot weather boosted summer sales

Digital Desk -
Fashion chain Next has upped its annual profit outlook after seeing full-price sales lift 5 per cent in the past three months as the...
WORLD NEWS

Inflation in eurozone countries rises to record high of 8.9%

Digital Desk -
Inflation in the European countries using the euro climbed to another record in July pushed by higher energy prices driven partly by Russia’s war...
BUSINESS

Former Tesla worker rejects £12.25 million award in racism case

Digital Desk -
A black former Tesla worker who said he was harassed and faced with “daily racist epithets” including the “N-word” while working at the company’s...
BUSINESS

Apple workers vote to unionise at Maryland store

Digital Desk -
Apple store employees in a Baltimore suburb voted to unionise by a nearly two-to-one margin on Saturday, a union said, amid a growing push...
BUSINESS

McDonald’s to pay France €1.2bn in tax fraud case

Digital Desk -
McDonald’s France and related companies have agreed to pay more than €1.2 billion to the French state to settle a case in which the...
ECONOMY

European Central Bank vows to create backstop against market turmoil

Digital Desk -
The European Central Bank (ECB) has vowed to create an unspecified market backstop that could be used to buffer some countries against bond market...
EUROPE

Ikea to sell inventory and find new owners of Russia business

Digital Desk -
Ikea has said it is seeking new owners for its four factories in Russia and will liquidate its product inventory in the country because...
BUSINESS

Deutsche Bank subsidiary CEO resigns after ‘greenwashing’ raid

Digital Desk -
Deutsche Bank subsidiary DWS said its chief executive is resigning – hours after authorities raided its offices as part of a probe into claims...
EUROPE

Deutsche Bank and subsidiary raided over ‘greenwashing’ claims

Digital Desk -
Authorities in Germany raided the offices of Deutsche Bank and its subsidiary DWS on Tuesday following claims that it was exaggerating the sustainable credentials...
BUSINESS

Amazon shareholders vote against audit of warehouse working conditions

Digital Desk -
Amazon shareholders have voted down a proposal calling for an independent audit of working conditions at the e-commerce giant’s warehouses. The proposal’s defeat at the...
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