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Mike Ashley’s Frasers Group acquires Knightsbridge-headquartered retailer after it went into administrationBusiness live – latest updatesThe owner of Sports Direct has bought Harvey Nichols out of administration after the upmarket department store chain warned it could run out of money if it did not find new funding.Mike Ashley’s Frasers Group said on Thursday it had bought the department store chain, which is headquartered at its store in Knightsbridge, for an undisclosed sum on the s

Weaker growth, rising energy costs and persistent inflation mean Britain could face tougher times in the autumnUK economic growth slows downBusiness live – latest updatesIn the spring the International Monetary Fund warned Britain faced the heaviest economic blow from the Iran war among the world’s most advanced nations. Almost six months into the conflict, on the surface, the UK appears to be proving the forecasters wrong.The latest official figures show the UK maintained its pole pos

Firms in England and Wales seek to fund measures including supporting new homes and datacentresBusiness live – latest updatesMillions of households in England and Wales face higher bills after water companies were given the green light to spend £3.4bn more than planned, including to support new homes and datacentres.The new spending will come on top of the £104bn programme of investment approved by the regulator that had already meant water bills will rise by 36% over the second half o

Suit alleges subscription offer aims to sell privileged access to information generated in president’s official capacityDonald Trump has been sued after a subscription service charging up to $100,000 a month for early access to his posts on his Truth Social platform sparked allegations of corruption.The lawsuit, filed in the US district court for the southern district of New York, was brought by the Intercept and the Freedom of the Press Foundation against Trump, two of his aides and t

Calls for speed limiters or mandated helmet use after research into injuries at three paediatric trauma centres The number of children involved in crashes on e-scooters has soared in recent years, with some as young as nine involved in collisions, research has found.Researchers carried out a review of injuries among the under-16s at three specialist paediatric trauma centres – Alder Hey in Liverpool, and Sheffield and Royal Manchester children’s hospitals – between January 2019 and Dec

Amid public concern over the impact of new technology, Silicon Valley’s use of its wealth to influence specific election races is an unwelcome developmentAs the huge societal ramifications of artificial intelligence have become clear, some of the tech industry’s most senior figures have taken to writing thinkpieces on what comes next. The latest to do so is Mark Zuckerberg, who this week published 6,500 words making the case for a laissez-faire approach to AI development. Worrying too

As someone who has specialised in regional policy, I know the task is huge – not least because there is no plan to ensure prosperity throughout EnglandAndy Burnham is off on his travels this week, aiming to reconnect No 10 and the government with voters and communities across the UK. But just weeks before he set out his stall as prime minister, promising to rebalance the economy with growth in every postcode, a government agency, National Highways, underlined the pulling power of the c

Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentialsBusiness live – latest updatesConsumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK lifted summer spending.A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long

A agência de representação de atletas do empresário Jay-Z passa a gerenciar mais de 100 jogadores nas principais ligas europeias, incluindo a ponta Vinícius Júnior do Real Madrid, ampliando sua atuação além do mercado norte-americano.

Banks should factor in the time spent by humans checking invented facts, writes Dr Gleb TsipurskyYour report (Lloyds Bank to cut £2bn in costs as part of AI-powered strategy, 30 July) raises a question that financial targets alone cannot answer: who absorbs the work when automati

Average cost of a 30-second spot during tournaments airing on Fox was reportedly between $200,000 and $750,000Fox Corp, parent company of Fox News and the US broadcaster of the Fifa World Cup, reported revenue up 28% to $4.21bn in the fiscal fourth quarter, thanks largely to adve

Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales dropNintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.The company said profit