Money Moves

Boss of flexible office group IWG dismisses 17% fall in share price as ‘machine selling’ | IWG

Boss of flexible office group IWG dismisses 17% fall in share price as ‘machine selling’ | IWG

IWG, a flexible office company operating brands like Spaces and Regus, experienced a significant 17% decline in its share price recently. The company attributed this drop to a reaction it deemed “not rational,” emphasizing that global economic uncertainty is, in fact, driving demand for hybrid workspaces. Despite the share price decline, IWG reported a 6% […]

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People buying less fast food as grocery prices remain high

People buying less fast food as grocery prices remain high

Recent consumer research indicates that spending on fast food has decreased this summer compared to the previous year, though consumers are opting for smaller treats from supermarkets. According to data from Worldpanel by Numerator, casual and fast-food restaurants experienced a 6% decline in customer visits over the three months leading up to mid-July, when compared

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Young chatty workers disturbing older colleagues ‘not age harassment’, tribunal rules | Work & careers

Young chatty workers disturbing older colleagues ‘not age harassment’, tribunal rules | Work & careers

An employment tribunal has ruled that older employees disturbed by younger colleagues’ behavior in the workplace do not qualify as victims of age-related harassment. This ruling addressed the case of Catherine Ritchie, a 66-year-old administrator at an electrical engineeringcompany, who filed grievances against her younger colleagues for what she described as noisy and distracting behavior,

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Grocery price inflation in Great Britain eases to 5%, survey shows; SoftBank invests $2bn in Intel – business live | Business

Grocery price inflation in Great Britain eases to 5%, survey shows; SoftBank invests $2bn in Intel – business live | Business

Grocery price inflation in Great Britain has slightly decreased but remains elevated, according to a monthly survey by Worldpanel by Numerator, formerly known as Kantar. For the four weeks ending on August 10, annual grocery price inflation fell from 5.2% in July to 5%. The survey indicates that the fastest rising prices are for chocolate

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Intel shares spike after Softbank signs $2bn deal with chipmaker

Intel shares spike after Softbank signs $2bn deal with chipmaker

Intel’s shares experienced a significant uptick following the announcement that Japanese technology investment firm Softbank plans to acquire a $2 billion stake in the U.S. computer chip manufacturer. This news surfaced shortly after reports emerged regarding discussions within the Trump administration about potentially obtaining a 10% stake in Intel by converting government grants into equity.

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The firms looking to destroy harmful 'forever chemicals'

The firms looking to destroy harmful ‘forever chemicals’

Perfluoroalkyl and Polyfluoroalkyl Substances (PFAS), known as “forever chemicals,” pose significant environmental and health concerns due to their persistent nature. Used in products such as waterproof clothing, non-stick pans, and food packaging, these man-made chemicals resist degradation and have been linked to various health issues, including certain cancers and reproductive problems. The robustness of the

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Newsmax settles Dominion election defamation case for $67m

Newsmax settles Dominion election defamation case for $67m

US television network Newsmax has agreed to pay $67 million to settle a defamation lawsuit brought by Dominion Voting Systems. The lawsuit, filed in 2021, accused Newsmax of disseminating false claims that Dominion rigged the 2020 US presidential election against then-President Donald Trump, leading to significant economic damage for the company. Dominion sought $1.6 billion

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