Politics
Ozon Bank has begun offering auto loans
Ozon Bank (a subsidiary of the Ozon marketplace) has launched a pilot program to offer auto loans. The project is currently available to a select group of customers, the bank told Interfax.
Politics
Politics
Frank Elderson: Fireside chat
European banks are doing much better than they used to. Their profitability has caught up with that of US banks since the pandemic, and cost-to-income ratios in the EU are now better than in the United States. Asset qua…
Politics
AI will help find cure for cancer ‘within our lifetimes’, says Arm Holdings chief
The boss of one of the UK’s biggest chip companies has claimed AI will be able to find a cure for cancer “in our lifetime”.
Politics
Nominees for the Best Soccer Coach of the Year Award Have Been Announced
France Football magazine has named the nominees for the Johan Cruyff Trophy—an award presented annually to the best soccer coach. The winner will be announced on October 26 at the Ballon d’Or awards ceremony, which will…
Politics
The Kremlin hinted at a phone call between Putin and Trump today // Peskov did not rule out a phone call between Putin and Trump today
Russian President Vladimir Putin will hold an international phone call today “early in the afternoon,” according to presidential press secretary Dmitry Peskov.
Politics
The regional government raises the spending cap by 5 percent, to 43,191 million euros, for the 2027 budget
The Catalan Government will raise the spending cap for the 2027 budget to 43,191 million euros, representing a 4.9% increase over the previous year—about 2,000 million more. The figure is expected to be approved this Tu…
Politics
‘Everything is against us’: Jaguar Land Rover suppliers voice fears amid carmaker’s cutbacks
David Roberts is not in an optimistic mood. The chair of Coventry-based Evtec may preside over a business with 900 highly skilled employees, multiple sites and precision machinery, but the outlook for the manufacturer a…
Politics
Billionaire Chris Rokos, who paid £330m in tax last year, to quit UK
The hedge fund billionaire Chris Rokos is poised to leave the UK, the latest in a string of high-profile exits among Britain’s super-rich.
Politics
UK retailers to create 100,000 placements for young people out of work
In partnership with DWP, firms such as John Lewis and M&S plan to offer 18- to 24-year-olds placements of two to four weeks
Politics
Europe’s fighter jet plans are in disarray. What happens next?
While the UK and Italy are making progress, France and Germany’s joint venture came to nothing, and the prospect of more countries pulling together seems way off
Politics
Canada’s retaliatory US tariffs take effect as trade dispute grows
Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods
Politics
Architect of UK’s AI policy quits after Anthropic conflict of interest concerns
The chair of the UK government’s “moonshot” science and technology research unit has been forced to stand down after taking a job with the San Francisco AI firm Anthropic, after warnings from senior MPs that the move cr…
Politics
Jaguar Land Rover confirms plan to cut 4,000 jobs over two years
Jaguar Land Rover has announced thousands of job cuts in a “body blow for workers” as it grapples with tough trading conditions, Donald Trump’s tariff wars and the fallout from a cyber-attack.
Politics
Faisal Islam: Chancellor's attempts to boost vibes may limit tax rises
The chancellor may have thought about shifting the venue of his first major speech this morning.
Politics
UBS expects the Fed to lift rates twice before the end of the year. Here’s why.
Since the U.S. and Israel launched strikes on Iran on February 28, jet fuel prices in the U.S. have more than doubled. According to data from the Energy Information Administration (EIA), the year-to-date percent change …
Politics
Next overturns equal pay ruling that raised basic wages for shop staff
The UK retailer Next has overturned a 2024 court ruling forcing it to pay its shop staff the same higher basic pay rates as its warehouse workers under equal pay rules.
Politics
French winemakers forecast 30-year low harvest after severe drought and heat
French vineyards hit by severe drought and heatwaves are expected to report a 30-year low in wine production after the country’s hottest ever recorded summer, according to the agriculture ministry.
Politics
John Healey backs growth but says Labour must be honest on spending
John Healey has said boosting economic growth will be his defining mission as chancellor as he warned Labour had to “be honest” about the need to control public spending at next month’s budget.
Politics
Grindr pays £26m to settle UK lawsuit over allegedly sharing users’ HIV status
Grindr will pay £26m to settle a lawsuit brought by thousands of users in the UK who allege that the US dating app shared highly sensitive personal information, including in some cases their HIV status, with advertising…
Politics
UK’s biggest private hospital firm Spire agrees £1bn takeover by hedge fund
Britain’s biggest private hospital operator has agreed to a £1bn takeover by a hedge fund manager known as “the Rottweiler” for his aggressive business tactics.
Politics
Iran’s parliament speaker warns of strikes against U.S. energy firms
Iran’s joint military command said the Strait of Hormuz remained closed and warned that regional oil, gas, electricity and economic infrastructure would be targeted if the United States carried out President Donald Trum…
Politics
Labour’s new powers for water customers are a ‘stitch-up’, say campaigners
Labour’s new powers for customers to hold water companies to account are a “stitch-up”, campaigners have said, as utilities firms have been advising on how to implement it.
Politics
Tiny cash buffers leave small UK TV firms at risk of going bust, analysis finds
Hundreds of small UK TV companies have so little cash in reserve that a filming overrun or a delay to a series could send them bust, an industry body has warned, as programme budget cuts by broadcasters threaten their f…
Politics
Designers should not fear being replaced by AI, industry leaders say
Professional designers should not feel “threatened” by the rapid growth of generative AI, according to business leaders, despite fears over job losses in the sector.