The brewer has been accused of a “big lie” and burying the truth in the “fine print”, despite having “informally resolved” a complaint to the advertising regulator. from Sarah Taaffe-Maguire, Business Reporter @taaffems Thursday 30 May 2024 15:32 UK Budweiser had to clarify the claim on its website that its beer is produced using “100% … Read more
Unlock editor summary for free Rula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. The staggering demand for electricity needed to power next-generation technologies is forcing the US to rely on yesterday’s fuel source: coal. Retirement dates for the country’s aging fleet of coal-fired power plants are being pushed back … Read more
Motorists are being warned of new driving law changes coming into force in the coming days, which could see petrol and diesel drivers face expensive driving fines in several major UK cities. A myriad of driving laws have already been introduced this year, including new rules for parking cars on the pavement, regulations for manufacturers … Read more
image source, Getty Images Article information author, Jennifer Meyerhans role Business reporter 4 hours ago New supermarket “challenges” which reward shoppers with extra loyalty points for buying more could lead to overspending, consumer groups have warned. Four of the UK’s biggest supermarkets – Tesco, Sainsbury’s, Asda and Morrisons – now offer members of their loyalty … Read more
There is reason to fear the takeover of Royal Mail by a private financier. It’s fair to say that, in the long run, everything about the 500-year-old institution may now be at risk. A series of commitments made by Czech billionaire Daniel Křetínský in his bid for the postal service’s parent group International Distribution Services … Read more
Unlock editor summary for free Rula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. ConocoPhillips has agreed to buy rival Marathon Oil in an all-stock deal that values the Houston-based company at $22.5 billion, including debt, as a wave of consolidation continues to sweep the U.S. oilfield. The acquisition will … Read more
The leading online food delivery groups in Europe and the US have racked up more than $20 billion in combined operating losses since going public after a fierce battle for market share. Shares in Deliveroo, Just Eat Takeaway, Delivery Hero and DoorDash — the four largest stand-alone, publicly listed food delivery companies in the U.S. … Read more
Image caption, Single mum Zoe Godrich says ‘life just sucked me out’ as she tries to cope with isolation Article information author, Zoe Conway role BBC News Correspondent before 2 hours Every two weeks, Zoe Godrich scrapes the black mold off the walls of her children’s bedrooms. She says her house now looks like a … Read more
Image caption, Single mum Zoe Godrich says ‘life just sucked me out’ as she tries to cope with isolation Article information author, Zoe Conway role BBC News Correspondent 3 hours ago Every two weeks, Zoe Godrich scrapes the black mold off the walls of her children’s bedrooms. She says her house now looks like a … Read more
Mt. Gox transferred 42,830 BTC, valued at around $2.9 billion, to new addresses on May 28. The rising supply of Bitcoin and the potential large-scale sell-off by creditors of Mt. Gox could put pressure on prices. Tokyo-based Mt. Gox, once the Bitcoin giant [BTC] exchanges, handling 70% of all transactions by 2013, has re-entered the … Read more