Meta agrees to pay up to $18bn to settle social media case
Social media giant Meta has reached a settlement with US states and territories to resolve a court case related to […]
Business
Business
U.S. Durable-Goods Orders Rose More than Expected in July
Total orders for durable goods—which comprise goods meant to last three years or more—increased in July by 1.1% to $339.3
J.M. Smucker Lifts Outlook, Swings to Profit as Sales Climb
The owner of Jif peanut butter and Folgers coffee said it now expects net sales to decline 1% to 2%
Business
Thameslink to replace over 60,000 ‘ironing board’ train seats
“Ironing board” seats on some commuter trains will get extra cushioning, the transport secretary has said, more than a decade
Business
Why high energy bills look like they are here to stay
In the long-term, the government and Ofgem wants to shift the country away from our reliance on gas, with its
Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening
Oil prices fell for a third straight day after Iran and Oman discussed establishing a temporary shipping route to temporarily
Business
Household energy bills to hit three-year high as Ofgem announces 4% rise from October
Energy prices for millions of households will rise to the highest level for three years, under regulator Ofgem’s price cap.
Siemens Energy Plans to Spin Off Transformation of Industry Unit
The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to deconsolidate
Business
‘Social supermarket’ SE Kitchen to take over vacant Chatham shop
A “social supermarket” offering low-cost food and support to escape financial hardship is to open at a third location in
XPeng Bets Robots Will Be More Profitable Than Its Cars
XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business. Source link