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Investments and Business

Labubu firm sees profit soaring by at least 350%

Peter G. Killigang

Labubu, a firm recognized for its unique collectibles and expanding presence in the pop culture merchandise sector, has reported a remarkable boost in profitability, with profits rising over 350% relative…

Barclays fined millions over financial crime risk lapses

Investments and Business

Financial regulators fine Barclays millions for crime risk lapses

Peter G. Killigang

Barclays received a hefty financial penalty due to inadequacies in handling its exposure to risks associated with financial crime. Regulatory agencies found that flaws in the bank’s systems and monitoring…

Post Office could be owned by its postmasters, government says

Investments and Business

Postmasters could become Post Office owners, government announces

Peter G. Killigang

The UK government has opened discussions about a potential future in which the country’s Post Office network could be owned and operated by the very individuals who run its branches—its…

Trump's tariffs are looming large over the UK’s last surviving steel towns

Investments and Business

UK’s last steel towns under threat from Trump’s tariffs

Peter G. Killigang

As the United States anticipates possible changes in trade policy driven by the revitalized influence of former President Donald Trump, the consequences for the UK's steel industry—especially in its residual…

Electric cars will be cheaper to buy, pledges minister

Investments and Business

Minister announces cheaper electric cars on the horizon

Peter G. Killigang

The UK government has reaffirmed its commitment to making electric vehicles (EVs) more financially accessible, announcing plans aimed at reducing upfront costs for consumers. This initiative, part of a broader…

Investments and Business

Trump’s Tariffs: What’s the Situation?

Peter G. Killigang

The discourse surrounding global commerce and tariffs has once more become a central topic as talks about ex-President Donald Trump’s trade strategies persist in affecting worldwide markets. As discussions continue…

Canada Unemployment Rate Slips to 6.9% in June

Investments and Business

Canada Records 6.9% Unemployment Rate in June

Peter G. Killigang

Canada's job market showed signs of modest improvement in June, as the national unemployment rate fell slightly to 6.9%. This latest data, released by Statistics Canada, reflects a gradual recovery…

US government to invest in rare earths production

Investments and Business

Investment in rare earths production by US government

Peter G. Killigang

The United States government is taking significant steps to strengthen its domestic production of rare earth elements, aiming to reduce reliance on foreign sources and bolster critical supply chains essential…

Flying through Heathrow this summer? You might hear this first-of-its-kind track

Investments and Business

Flying through Heathrow this summer? Discover the first-of-its-kind track you might hear

Peter G. Killigang

As the busy summer travel season unfolds, passengers passing through London’s Heathrow Airport could find themselves immersed in a new kind of welcome—one that speaks not through words but through…

Linda Yaccarino departs as boss of Musk's X

Investments and Business

Linda Yaccarino out as boss at Musk’s X

Peter G. Killigang

Linda Yaccarino, the prominent figure who assumed leadership at X, the social media platform previously recognized as Twitter, has resigned from her role. Her exit signifies an important change in…