Business Hello
search
Curated Collection

International economy and markets

1290 articles

Meta fined $567m in largest child safety ruling against social media giant
Featured Analysis

Meta fined $567m in largest child safety ruling against social media giant

A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.

Latest Dispatches

Healey sets budget for late October, promising to ‘spread money and power’ around UK nemzetkozi-gazdasag

Healey sets budget for late October, promising to ‘spread money and power’ around UK

Chancellor will have to find money for Burnham’s policies while sticking to fiscal rules as borrowing costs rise Andy Burnham’s government has set a date for a late October budget to “spread money and power” out of Westminster as the new prime minister pushes forward his tax and spending plans. Announcing an autumn budget for 28 October, the chancellor, John Healey, said Labour would stick to its fiscal rules with its agenda to give businesses and households stability for the future. Continue reading…

Business | The Guardian
New York sues Kalshi prediction market alleging ‘illegal gambling operation’ nemzetkozi-gazdasag

New York sues Kalshi prediction market alleging ‘illegal gambling operation’

Calling it an ‘illegal, unlicensed gambling operation’, state seeks to halt Kalshi’s operations and force it to forfeit profits The state of New York has filed a lawsuit against Kalshi, accusing the prediction market operator of “running an illegal gambling operation”. The lawsuit, filed on Friday, was announced by Kathy Hochul, the New York governor, and Letitia James, the state attorney general. It seeks to force the New York-based company to forfeit its profits, provide restitution to harmed consumers and pay fines equal to three times its profits. Continue reading…

Business | The Guardian
Andy Burnham calls on Infantino to resign over ‘outrageous’ World Cup plans nemzetkozi-gazdasag

Andy Burnham calls on Infantino to resign over ‘outrageous’ World Cup plans

UK prime minister is the first head of a major nation to call on the under-pressure Fifa president to step down Andy Burnham has called on the Fifa president, Gianni Infantino, to resign over his “outrageous” plans to sell a stake in the World Cup. Infantino faces growing pressure over his proposals, which triggered a backlash among football bodies and prompted the resignation on Friday of a key adviser. Continue reading…

Business | The Guardian
A World Cup with no participants – it could be Gianni Infantino’s boldest move yet | Marina Hyde nemzetkozi-gazdasag

A World Cup with no participants – it could be Gianni Infantino’s boldest move yet | Marina Hyde

You’ve got to admire the Fifa president’s chutzpah in trying to flog off football’s greatest prize. If only Uefa wasn’t being so pesky about it all Imagine a plan so distasteful that even the Americans and a Middle Eastern nepo-royal football boss can’t be doing with it. Such is the status of Fifa president Gianni Infantino’s scheme to sell off stakes in the World Cup to private investors. More historically, perhaps, the 55 nations that make up Uefa have reacted to this horror show by voting unanimously to boycott Fifa tournaments, including World Cups, if Infantino presses ahead. That would mean Spain and Portugal boycotting their own men’s World Cup next time around, which you’d think – not to call it too soon – would come off as slightly bad vibes. A testing moment, then, for the haunted cue-ball. Again. Can it really already be time to turn to Infantino once more, even after he appeared in this spot only on Tuesday, after his 15-page Instagram crash-out about his haters? Yes. Yes, I’m afraid it can. Demanding the federations of the world sell off the World Cup to some fund led by Donald Trump’s son-in-law’s brother will regrettably draw attention to you in ways that will prove difficult to control. As indicated, the Fifa president’s plan has contrived to appear vulgar to the North American confederation, Concacaf, as well as the Asian Football Confederation (AFC). Marina Hyde is a Guardian columnist Continue reading…

Business | The Guardian
UK petrol price hits Iran war high, adding to pressure on households nemzetkozi-gazdasag

UK petrol price hits Iran war high, adding to pressure on households

Average pump price reaches 160p a litre, while diesel is up 14.5p to 179p and forecast to go to 185p soon Business live – latest updates The price of petrol has hit a new Iran War high at UK forecourts, adding to the financial pressure on millions of households about to embark on their annual holiday. The RAC said that in “very unwelcome news for drivers” the average pump price had reached 160p a litre, reversing the drop down to 151p in early July that followed the announcement of a fragile Middle East ceasefire. Continue reading…

Business | The Guardian
Hull funeral director who left bodies to rot in mortuary jailed for 20 years nemzetkozi-gazdasag

Hull funeral director who left bodies to rot in mortuary jailed for 20 years

More than 80 loved ones spoke of horrors of learning about Robert Bush’s crimes, including mother of a miscarried baby A funeral director has been jailed for 20 years for leaving dozens of bodies – including a miscarried baby – “rotting” in his mortuary and giving bereaved families the wrong ashes. Robert Bush, the owner of Legacy Independent Funeral Services in Hull, pleaded guilty to 67 offences spanning 12 years and affecting hundreds of families, including 30 counts of preventing a lawful and decent burial. Continue reading…

Business | The Guardian