Collaborators
Meta taps Trump ally and UFC CEO Dana White to join its board
Shannon Bond Dana White, the Ultimate Fighting Championship president and supporter of President-elect Donald Trump, is joining the board of Facebook and Instagram parent company Meta. White’s election as a Meta director two weeks before Trump takes office comes as Silicon Valley is courting the incoming administration, following what has been a frosty relationship with…
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to soothe investor worries about impending US tariffs under a Donald Trump presidency. The tightly controlled yuan reached 7.3301 per US dollar, its weakest…
U.S. Steel sues to salvage its sale to Japan’s Nippon Steel
Scott Horsley U.S. Steel and its would-be Japanese suitor Nippon Steel have gone to court to defend their $15 billion merger, after President Biden on Friday moved to block the deal, citing national security concerns. In a lawsuit filed Monday in federal court in Washington, the companies accuse the president of violating their due process…
Anas Sarwar accuses Scottish government of ‘weakening every institution’
Scottish Labour leader sets out plan to revive party’s flagging fortunes before Holyrood elections Anas Sarwar has accused the Scottish government of “weakening every institution in Scotland” as he set out plans to revive Labour’s flagging fortunes before the Holyrood elections. The Scottish Labour leader said he would spend much of 2025 reminding the Scottish…
What are my rights if my home is flooded or damaged?
Serious storms, including Darragh and Bert, caused extensive damage in various parts of the UK, and were followed by wintry and wet weather causing flooding in January. As homeowners and businesses assess the damage, they will find insurance cover and compensation can vary significantly depending on the level of impact and the small print in…
Aldi celebrates ‘best Christmas ever’ with sales of £1.6bn
Britain’s fourth-biggest grocer says crucial holiday period performance boosted by 12% surge in premium range sales Aldi has reported its “best Christmas ever” after Britain’s fourth-biggest grocer said it made sales of more than £1.6bn in the four weeks to Christmas Eve, thanks in part to shoppers trading up to its premium range. The supermarket…
Amazon aims to branch into UK internet market with satellite broadband plan
Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas Amazon is hoping to offer a satellite broadband service in the UK within the next two years as it prepares to launch a constellation of spacecraft that could ultimately deliver a mobile signal even to the most…
CNN goes on trial over its report alleging ‘black market’ for Afghan rescues
David Folkenflik After the Taliban took control of Afghanistan in August 2021, many people were desperate to flee the country. CNN reported that a security consultant was among those offering to evacuate them — for a price — as part of an investigation into claims of “black market” rescue operations. CNN’s story, which aired on…
Uniqlo, Gymshark and Lush stop hiring UK workers via gig economy apps
TUC criticise retailers for endangering workers’ rights by using apps such as YoungOnes and Temper Lush, Uniqlo and Gymshark have stopped using freelance retail workers hired through apps such as YoungOnes and Temper, after unions criticised the gig economy companies. The TUC wrote to the retailers urging them to stop using freelance retail workers amid…