Magnum investor group knocks ice cream maker over Ben & Jerry’s handling, letter shows
- 07-May-2026
A group of Magnum investors has criticised the ice cream maker over its handling of tensions around its Ben & Jerry’s brand’s social activism and a lack of transparency over its finances, a letter from shareholders seen by Reuters showed. The investors, who hold at least $1.3 million of Magnum stock but manage billions of […]
Weight-loss drugs fuel protein-rich whey craving
- 05-May-2026
Global dairy companies and food producers are investing heavily to meet soaring demand for protein-rich whey, driven by a surge in the use of weight-loss drugs and healthier eating trends. Whey, a by-product of cheese-making which is traditionally used as pig feed, is an essential component of the food products now targeting consumers looking to […]
Dollar rises, European stocks and bonds fall after reports of U.S. warship being hit missiles
- 04-May-2026
The dollar strengthened while European shares and bond prices fell on Monday after Iran’s Fars News agency reported that two missiles hit a US warship when it tried to pass through the Strait of Hormuz. The dollar index , which measures the currency against six peers, rose 0.3% to 98.542. Read Also: Dollar edges up […]
UK police arrest two over arson attack at London memorial wall
- 04-May-2026
UK police arrested two people on Monday in connection with an arson attack on a memorial wall in a north London area that is home to a large Jewish community. A man, 46, and a woman, 38, were arrested in relation to the incident, which counter-terrorism officers are investigating, on suspicion of arson, the police […]
UK court orders Samsung to pay China’s ZTE a $392 million lump sum after patent trial
- 02-May-2026
Samsung Electronics must pay a $392 million lump sum for a licence to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday in the English leg of the companies’ global licensing dispute. ZTE has brought parallel lawsuits against Samsung in China, Germany and Brazil as the two companies battle over the terms […]
UK’s FTSE 100 slips as losses in energy stocks and AstraZeneca weigh
- 01-May-2026
UK’s blue-chip FTSE 100 closed slightly lower on Friday, dragged down by losses in heavyweight energy stocks and drugmaker AstraZeneca, while a looming UK public holiday thinned trade. The blue-chip FTSE 100 index ended 0.1% lower at 10,363.93 points, while the midcap FTSE 250 climbed 0.3%. AstraZeneca shed 3.1% after a U.S. Food and Drug […]
Sterling steady at 10-week high in quiet end to busy week
- 01-May-2026
The pound sterling held near a 10-week high against the dollar on Friday as traders digested a week of central bank meetings in which the Bank of England kept interest rates steady and warned of inflation risks stemming from the Iran war. Sterling was little changed at $1.3606 and a touch softer against the euro […]
UK regulator charges man for mortgage broking after 2008 ban
- 01-May-2026
UK’s financial watchdog, the Financial Conduct Authority (FCA), on Thursday charged a former UK mortgage broker, Shaun Lawrence, with allegedly continuing to provide such activities after his permissions were revoked and he was fined nearly two decades ago. The FCA said Lawrence, 58, who also goes by the names Shaun Lawrence-Bright and Shaun Bright, will […]
UK to work with other ‘middle powers’ on AI security, minister says
- 29-Apr-2026
UK will work with other “middle powers” such as France, Germany and Canada on AI security to help shape the future of a technology dominated by the United States and China, Technology Secretary Liz Kendall said. UK’s AI Security Institute (AISI) generated interest from other countries when it evaluated Anthropic’s Claude Mythos model earlier this […]
UK retail sales tumble by most in over 40 years
- 28-Apr-2026
UK retailers reported the broadest year-on-year decline in sales in more than 40 years as the Iran war raised households’ inflation fears, a survey from the Confederation of UK Industry showed on Monday. The CBI’s monthly retail sales volume measure dropped to -68 in April from -52 in March, its lowest reading since the series […]