Whippany, New Jersey – Tom Maoli, the owner of a new used automotive dealer in New Jersey, says that drivers could see A big leap in prices If President Trump follows On his threat To impose 25% prices on Mexico And Canada. “Each car that comes out of any dealer will increase prices,” said Maoli. … Read more
Dubai, United Arab Emirates – Saudi ArabiaThe crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Trump put a price tag on returning to the Kingdom as his first foreign trip. Mr. Trump’s 2017 trip to Saudi Arabia disrupted … Read more
Barclays is proposing to cut its chief executive’s fixed salary each year as part of an overhaul of its pay package that will cap his maximum salary at just over £14 million. Sky News has learned that Barclays has written to its major shareholders this week to inform them of detailed proposals that would change … Read more
Real Madrid have become the first football club to generate more than €1 billion (£845 million) in revenue in a single year, putting themselves at the top of the financial services company rankings. Last season’s La Liga and Champions League winners, Deloitte said the Spanish club had surpassed Manchester City to regain first place in … Read more
Klarna investors have been asked to indicate their interest in selling their shares by the start of next month, which also indicates that the Buy Now Pay Later (BNPL) giant is set to launch a listing on the United States, valuing it at around $20 billion. Sky News has learned that shareholders in one of … Read more
Chancellor Rachel Reeves has indicated she will ignore environmental objections to a third landing strip at Heathrow to prioritize economic growth, a stance likely to put her at odds with colleagues including the Home Secretary. energy, Ed Miliband. Speaking as she began a 48-hour speech to international investors at the World Economic Forum in Davos, … Read more
Netflix is raising prices for some subscribers after reporting 18.9 million new customers in the last three months of 2024. Prices will increase for users in the United States, Canada, Portugal and Argentina. Netflix has not confirmed whether the UK will see similar price increases. In the US, a standard monthly plan with ads will … Read more
River Island, the privately owned fashion retailer, is preparing to exercise tighter control over its cost base as the general public faces the prospect of big tax hikes in April. Sky News understands that River Island, which is owned by the Lewis family, has brought in AlixPartners to work on a cost-cutting and profit-improving exercise … Read more
The chairman of the British competition regulator has been dismissed by the government, in a context of promoting growth. Marcus Bokkerink, the head of the Competition and Markets Authority (CMA), has been dismissed from his post by the company secretary. Chancellor Rachel Reeves met with regulators last week to impress upon them the central role … Read more
There has been an acceleration in the rate of wage growth but an increase in the unemployment rate following a sharp fall in the number of salaried employees, according to the latest official figures. The Office for National Statistics (ONS) reported that basic pay excluding bonuses and average weekly earnings increased at an annual rate … Read more