EU Fines Temu €200 Million for Selling Illegal and Dangerous Products
The EU has fined online retailer Temu €200 million for allowing illegal and dangerous products, such as faulty chargers and hazardous baby toys, to...
Investor topic hub
Economy
Macro stories that shape growth, inflation, labor markets, household spending, public budgets, and investor expectations.
Inflation and rate path
Growth and labor-market momentum
Consumer demand and credit pressure
Replimune to Resubmit Melanoma Drug After FDA Leadership Change
Replimune is resubmitting its melanoma drug to the FDA for approval after two rejections, following a leadership change at the agency.
Power NI and Firmus Customers in Northern Ireland to Face Higher Energy Bills From July 1
Power NI and Firmus customers in Northern Ireland will face higher energy bills starting July 1.
Top UK Chefs Urge Government to Slash Hospitality VAT to 10%
Leading UK chefs are calling for a significant reduction in VAT for the hospitality sector, arguing that current rates are unsustainable and threatening business...
Asian Grocery Brands Expand Beyond ‘Ethnic Aisle’ as Mainstream Demand Surges
Asian grocery items are moving beyond the 'ethnic aisle' into mainstream supermarkets, driven by rising consumer demand for global flavors and demographic shifts.
Blue Origin Rocket Explodes on Florida Launch Pad During Test
A Blue Origin rocket exploded on its launch pad in Florida during a hotfire test. All personnel are safe, and an investigation is underway.
Boeing CEO Kelly Ortberg Confirms FAA Requirements Met for 737 MAX Production Hike
Boeing CEO Kelly Ortberg announced the company has met FAA requirements to increase 737 MAX production to 47 jets per month.
California Attorney General to Sue 23andMe Successor Over 2023 Data Breach
California Attorney General Rob Bonta is suing 23andMe's successor, Chrome Holding, alleging the company failed to protect sensitive customer data in a 2023 breach...
BMW Embraces Humanoid Robots as the Future of European Car Production
BMW is deploying humanoid robots in its European car factories, viewing them as the future of automotive production due to their adaptability and cost-effectiveness.
UK Watchdog Bans Instagram Betting Ads Featuring Football Stars Kane and Haaland
The UK's Advertising Standards Authority has banned Instagram betting ads featuring football stars Harry Kane and Erling Haaland.