Home REIT, a social housing investor focused on providing housing for the homeless, is embroiled in controversy as its sixth charity tenant, Noble Tree Foundation, collapses. This marks another blow for Home, which has been plagued by financial instability and regulatory...
The Australian government’s $23 billion “Future Made in Australia” policy, spearheaded by Prime Minister Anthony Albanese, aims to transform the nation’s economy by revitalizing the manufacturing sector. Supported by a coalition of economists, the policy seeks to move Australia away from...
The Royal Mail, a cornerstone of British postal services for over 500 years, is undergoing a significant ownership change as Czech billionaire Daniel Křetínský’s EP Group takes over. This move, valued at £3.57 billion, has sparked widespread debate and concern among...
Recent analysis reveals Asda has become the priciest supermarket for fuel in the UK. Traditionally known for low fuel prices, Asda now charges more than competitors Tesco, Morrisons, and Sainsbury’s by an average of 2.1p per liter for petrol and 2.5p...
In a move that has sent ripples through the financial world, E*TRADE is considering removing Keith Gill, widely known as “Roaring Kitty,” from its trading platform. This decision follows Gill’s recent activities in the GameStop market, where his significant options trades...
Vistry Group, a prominent UK housebuilder, has secured a landmark £580 million deal with Blackstone Real Estate and Regis Group. The agreement involves the sale of approximately 1,750 homes, primarily located in southeast England, across 36 of Vistry’s active developments. Leaf...
Standard Chartered, one of the most prominent banks in the financial world, has been rocked by fresh allegations of being involved in a $100 billion money laundering scandal that purportedly financed some of the world’s most notorious terrorist organizations. These claims,...
Shein, the fast-fashion giant, is set to make a significant financial move with a £50 billion flotation proposal in the UK. Shein, known for its rapid production of trendy and affordable fashion, is planning to float on the UK stock market,...
In a decisive move to stabilize global oil markets, the Organization of the Petroleum Exporting Countries (OPEC) announced an extension of its crude production curbs through 2025. The decision, reached after intense negotiations among member states, aims to support oil prices...
Rupert Murdoch marries for the fifth time Renowned media tycoon Rupert Murdoch, 93, has married for the fifth time, exchanging vows with Elena Zhukova, 63, in an intimate ceremony held in California. The private event, attended by close family and friends,...