International
Prince Harry and others seek to challenge ruling in Daily Mail privacy case
Harry, Doreen Lawrence, Elton John, David Furnish, Elizabeth Hurley and Sadie Frost face £50m bill after ruling
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Business
The latest published reporting in this category.
International
Yemeni gov’t forces, Houthis trade blame for deadly strikes on Taiz market
The attack on al-Hadara market in Taiz governorate's al-Waziiya district killed at least 30 people, Houthi rebels say.
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International
US tech stocks recovering on Wall Street after worst day in 19 months – as it happened
European and Asia-Pacific markets slide after Wall Street rout, while latest US jobs report beats forecasts
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Finance
Further bomb threats disrupt at least another 18 flights across Europe
Media organisations in Ireland and UK also affected as apparently coordinated effort to cause chaos continues A fresh wave of bomb threats disrupted air traffic across Europe on Friday but the affected aircraft landed safely and searches revealed no explosive devices. The latest alerts affected at least 18 flights to or from Bulgaria, Cyprus, Czechia, France, Hungary, Italy, Portugal, Romania and the UK. Continue reading...
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International
John Smedley will always be in vogue
Letter: Tim Heavisides recalls his fondness for the historic fashion firm and his enduring attachment to a black jumper
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Finance
UK dairy farmers face further pressure as milk processor cuts prices
Freshways lowers price paid to producers by 7p a litre, prompting warnings confidence in the sector is ‘at rock bottom’ “Milk is leaving the farm at a loss,” says dairy farmer Ian Harvey, as he warns confidence in the sector is “at rock bottom”. Most of the UK’s dairy producers were already being paid less for their milk than it costs to produce it after a year of volatile farmgate milk prices, combined with the impact of the summer’s drought and soaring costs of vital fuel and fertiliser triggered by the conflict in Iran. Continue reading...
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Finance
US tech stock rout: is the AI bubble bursting?
After Thursday’s share price plunge on Wall Street, could the volatility be the start of a huge market meltdown? Global financial markets have been thrown into a tailspin as investors bet on an AI slowdown after the US midterm elections. This is not the first time stock markets have wobbled in recent months due to concerns over a tech bubble. But could this volatility be the start of a huge market meltdown? Continue reading...
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Finance
EU charges TikTok with failing to protect users’ mental health
Regulator’s initial ruling says algorithm ‘can be harmful’ and led young and vulnerable viewers ‘down rabbit holes they can’t easily escape’ TikTok has been charged by the European Commission with failing to protect users’ mental health by exposing them to a relentless stream of content that risks worsening eating disorders and anxiety in a case that strikes at its business model. Issuing a preliminary ruling on Friday, the EU regulator said TikTok’s algorithm “can be harmful” and was leading young and vulnerable users “down rabbit holes they cannot easily escape from”. Continue reading...
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International
David Jones was months behind in payments to some small Australian brands before going into administration, suppliers say
Global luxury fashion houses clear their stock from the embattled retailer, but smaller local businesses are at the bottom of the creditor pile
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Finance
Hiring jumps: The economy added 165,000 jobs last month
The U.S. job market improved last month, according to a report from the Labor Department Friday. Employers added more jobs than forecasters had expected and the unemployment rate dipped to 4.1%.
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International
US job growth exceeds expectations in October despite economic uncertainty
‘Low-hire, low-fire’ labor market shows sluggish growth but few layoffs, with an interest rate hike expected in December
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Finance
UK house prices fall at steepest rate in more than three years
October drop of 0.6% leaves average price of property at £296,285, says Lloyds, as high mortgage rates hit market UK house prices fell at the steepest rate in more than three years in October, marking the fourth consecutive monthly decline, as high mortgage rates hit the housing market. The average price of a typical UK property stood at £296,285 last month as prices unexpectedly dropped 0.6% compared with September, the steepest fall since the lender Lloyds recorded a 1.6% drop in August 2023. Continue reading...
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