theguardian_business
📰 source: theguardian_business · 💼 business uk high street footfall fell 3.8% year on year in july, after a 6.2% drop in june, as heatwave temperatures in the mid-30cs sent shoppers online. shopping centre visits also declined, but retail parks returned to growth. overall visits to all shopping destinations were
theguardian_business
📰 source: theguardian_business · 💼 business the uk culture secretary lisa nandy has cleared paramoun's $110bn takeover of warner bros discovery, dropping her opposition after the company made concessions. nandy had surprised markets in june by referring the deal to regulators, but she has now signed off with conditions: channel
theguardian_business
📰 source: theguardian_business · 💼 business fox corp beat analyst estimates in its fiscal fourth quarter, with revenue up 28% to $4.21bn thanks largely to advertising from the fifa world cup. ad revenue jumped 78%. full-year revenue reached $17.13bn, up 5%. adjusted earnings of $1.79 a share topped forecasts
theguardian_business
📰 source: theguardian_business · 💼 business nintendo's profits surged 53.5% to ¥147.4bn (£694m) in the three months to june, beating forecasts for ¥77.8bn. the boost came from a refund on us tariffs after the supreme court ruled trump's 'liberation day' levies illegal. sales
theguardian_business
📰 source: theguardian_business · 💼 business emails obtained by the guardian reveal palmer luckey's vast republican fundraising over seven years, even as his defense company anduril wins multi-billion-dollar contracts from the trump administration. the 33-year-old co-founder helped organize a july fundraiser for the national republican senatorial committee, with $50,000
theguardian_business
📰 source: theguardian_business · 💼 business persimmon, the ftse 100 housebuilder, lifted its full-year outlook, saying it's well-placed for andy burnham's housing agenda. it plans to complete 12,500 homes by year-end, the top of previous guidance. first-half pre-tax profit rose 15% to £168m on a 13% increase
theguardian_business
📰 source: theguardian_business · 📚 research new chancellor john healey has 12 weeks to deliver his first budget, and economists are pushing him to borrow more aggressively. he needs to cover andy burnham's vat cut on energy bills and fill a £5bn gap in defence investment left by rachel reeves.
theguardian_business
📰 source: theguardian_business · 💼 business more than 7m pairs of meta's ray-ban smartglasses were reportedly sold in 2025, making them one of the world's most popular gadgets. the glasses have divided opinion: supporters say they transform photography and accessibility, while critics worry about nonconsensual filming, privacy and
theguardian_business
📰 source: theguardian_business · 💼 business demis hassabis is stepping down as chief executive of google deepmind, a shake-up in the uk-based ai lab. he becomes chair of deepmind and takes a new role as chief scientist at alphabet, google's parent. koray kavukcuoglu, deepmind's cto, will lead the
theguardian_business
📰 source: theguardian_business · 💼 business astrazeneca's shares plunged 9% on monday after the ft reported preliminary takeover talks with bristol myers squibb, then recovered after reuters said discussions were off. neither company has commented, leaving shareholders in the dark about whether this was a serious move or a '
theguardian_business
📰 source: theguardian_business · 💼 business a judge approved a rescue plan for tg jones, the former wh smith high street chain, but cast doubt on whether it can survive. mr justice hildyard called it 'an adventurous equity play' and said turnaround plans were more like 'generic aspirations'
theguardian_business
📰 source: theguardian_business · 💼 business uber and wayve have been granted the first minicab licences in london allowing them to offer self-driving taxi rides to paying customers, but with a human safety driver in the driver's seat for now. the companies said trips would start 'later this summer&