Financial news

• DRML Miner Launches Cloud-Based XRP Mining Contracts to Empower Global Crypto Users

  26-06-2025 23:08 via globenewswire.com
  
  XRP Cloud Mining Goes Live on DRML Miner Picture1_70141 DRML Miner Logo
  London, UK, June26, 2025(GLOBE NEWSWIRE) -- DRML Miner, the revolutionary digital mining ecosystem has announced the commencing of its XRP cloud mining service which is being offered through DRML Miner. This milestone illustrates a broader trend toward increasing XRP accessibility (in response to growing demand from traders and other users). With those barriers out of the way — no costly miners, no complex setups, and
  
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• Former Yodel owner probably forged mother’s signature in takeover bid, judge rules

  19-12-2025 15:25
  ‘Extraordinary’ high court ruling covers Jacob Corlett’s attempt to seize back control of parcel delivery firmBusiness live – latest updatesThe former owner of Yodel probably forged his mother’s signature in an attempt to seize back control of the parcel delivery company, according to an “extraordinary” ruling issued on Friday by a high court judge.Jacob Corlett, a 31-year-old logistics entrepreneur, launched a takeover of Yodel in January 2024, buying t
  
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• EU’s Ukraine loan may have been Plan B, but don’t underestimate its significance to the bloc

  19-12-2025 14:36
  This €90bn agreement won out over a plan to use frozen Russian assets, but has been hailed a ‘huge deal for the EU’The EU’s failure to agree a “reparations loan” to Ukraine backed by frozen Russian assets was a political blow to the bloc’s big beasts, but the last-gasp alternative it devised will do the job – and marks a potentially significant first.After a marathon 16 hours of talks, EU leaders early on Friday agreed to fund Ukraine, which risked
  
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• The Com: the growing cybercrime network behind recent Pornhub hack

  19-12-2025 14:34
  Criminal ecosystem made up of mostly male native English language speakers aged from 16 to 25Ransomware hacks, data theft, crypto scams and sextortion cover a broad range of cybercrimes carried out by an equally varied list of assailants.But there is also an English-speaking criminal ecosystem carrying out these activities that defies conventional categorisation. Nonetheless, it does have a name: the Com. Continue reading...
  
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• Revealed: how Toyota uses retro-style games and prizes to urge US workers to lobby politicians

  19-12-2025 14:00
  Games such as Dragon Quest used to mobilize workers to back corporate goals including relaxing environmental rulesToyota, the world’s biggest carmaker, is using retro-style video games to rally its US workforce behind its corporate goals, including lobbying to relax environmental rules, the Guardian can reveal.Through an internal platform called Toyota Policy Drivers, employees can play games with names such as Star Quest, Adventure Quest, and Dragon Quest, earning prizes by engaging with
  
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• UK Foreign Office victim of cyber-attack in October, says Chris Bryant

  19-12-2025 13:59
  Minister says risk to ‘any individual’ from cyber-attack is low and that it is still unclear who is responsible The UK’s Foreign, Commonwealth and Development Office was hacked in October, a minister has said.Chris Bryant, a trade minister in Keir Starmer’s government, told Sky News there was a low risk to “any individual” from the cyber-attack. Continue reading...
  
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• UK retailers report fall in sales ahead of Christmas; government borrowing hits four-year November low – business live

  19-12-2025 13:41
  Rolling coverage of the latest economic and financial newsGermany’s economic recovery from three years of stagnation will get only a subdued start next year, its central bank has warned.However, the Bundesbank predicts growth will pick up pace later on the back of higher government spending.“While progress will be subdued initially, it will then slowly pick up.“Starting in the second quarter of 2026, economic growth will strengthen markedly, driven mainly by government spending
  
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• WH Smith tries to recover bonuses from ex-bosses as watchdog investigates accounting error

  19-12-2025 13:37
  Retailer targets £7m in bonuses as FCA examines scandal in North American armWH Smith will try to take back as much as £7m in bonuses from former executives after revealing the UK’s financial watchdog has launched a formal investigation into a devastating accounting error linked to its US business.Almost £600m was wiped off the books to paperclips retailer’s stock market value overnight in August after it identified errors with accounting for supplier income and pro
  
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• Sony collars Snoopy in £340m deal to take control of Peanuts franchise

  19-12-2025 12:54
  Japanese conglomerate raises to 80% its stake in firm that owns the intellectual property created by Charles SchulzBusiness live – latest updatesSony has taken control of Charles Schulz’s Peanuts franchise including Snoopy and Charlie Brown in a deal worth C$630m (£340m).The Japanese conglomerate has bought 41% of Peanuts Holdings, which owns the intellectual property Schulz created, from the Canadian children’s entertainment company WildBrain. Continue reading...
  
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• Rail accident investigators issue warning over sensors on landslide monitors

  19-12-2025 12:39
  Inquiry into recent Avanti West Coast train derailment in Cumbria finds sensors may not work if landslips happen quicklyAccident investigators have issued an urgent safety warning that the railway’s landslide monitoring equipment may not work when the earth moves suddenly, after discovering sensors did not transmit when a landslip derailed an intercity train.The front wheels of an Avanti West Coast train from Glasgow to London came off the tracks on 3 November when it hit debris washed on
  
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• TikTok signs Trump-backed deal to avoid US ban

  19-12-2025 12:31
  Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderationBusiness live – latest updatesUS politics live – latest updatesTikTok has reached a deal to form a joint venture that will allow it to continue operating in the US, five years after Donald Trump threatened to ban the social media platform over privacy and national security concerns, a move that further strained relations with China.ByteDance, TikTok&rsqu
  
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• UK contactless card limit of £100 to be scrapped from 19 March

  19-12-2025 12:29
  Under changes revealed by regulator, banks and card providers encouraged to set their own maximumsThe £100 limit on contactless card payments will be scrapped next year and consumers could get the ability to spend as much as they want without inputting their pin under changes announced by the UK financial regulator.Currently contactless payments by cards are limited, while payments using mobile phones are not, but the Financial Conduct Authority (FCA) said that from 19 March banks and card
  
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• Food becoming more calorific but less nutritious due to rising carbon dioxide

  19-12-2025 11:00
  Researchers noticed ‘dramatic’ changes in nutrients in crops, including drop in zinc and rise in leadMore carbon dioxide in the environment is making food more calorific but less nutritious – and also potentially more toxic, a study has found.Sterre ter Haar, a lecturer at Leiden University in the Netherlands, and other researchers at the institution created a method to compare multiple studies on plants’ responses to increased CO2 levels. The results, she said, were a sh
  
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• Ukraine deal: EU leaders agree €90bn loan, but without use of frozen Russian assets

  19-12-2025 10:47
  Two-year deal will cover most of Ukraine’s needs, but will be secured against EU borrowing rather than Russian assetsEU leaders have pledged a €90bn loan for Ukraine to meet urgent financial needs, but failed to agree on the preferred option for many of securing that loan against Russia’s frozen assets in the bloc.After talks ended in the early hours of Friday, the president of the European Council, António Costa, told reporters: “We committed and we delivered.&rdqu
  
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• Finally, Labour is finding its nerve and getting Britain’s bad Brexit deal undone | Polly Toynbee

  19-12-2025 09:00
  Rejoining Erasmus should just be a first step – as the economic evidence piles up, the need for closer ties with Europe could not be clearerMonth by month, Labour is bringing us closer to Europe. This week, the UK announced it is rejoining the Erasmus+ youth exchange programme. This will open the door beyond the many young people who attend university – its remit includes FE students, apprentices, and youth and school groups. A whoop of excitement greeted the announcement, with oppor
  
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• Reform-run Kent council accused of blocking scrutiny of claim it saved £40m

  19-12-2025 08:00
  Exclusive: Labour MP made FoI request more than five months ago seeking information on how savings were calculatedReform-run Kent council has been accused of trying to block scrutiny after it refused, for more than five months, to produce evidence that it had saved more than £40m by cancelling two environmental projects that did not exist yet.Polly Billington, a Labour MP in Kent, first requested background to the claim via a freedom of information (FoI) request in July. She said the subse
  
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• Party homes for sale in England – in pictures

  19-12-2025 08:00
  From a Grade II*-listed converted village chapel to a flat in the heart of London Continue reading...
  
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• Why did Donald Trump Jr turn up in a tiny British enclave looking for money?

  19-12-2025 07:00
  Meetings in Gibraltar are the latest twist in worldwide campaign that is enriching the US president’s family One Friday in November, armed police blocked off the road that runs beside Gibraltar’s medieval city walls to clear the way for a convoy of blacked-out BMWs. The vehicles pulled up at the offices of Hassans, a law firm.The British enclave in the Mediterranean is a hub for the international ultra-rich, and Hassans counts many of them as clients. But few as highly placed as that
  
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• UK’s roads and airports brace for busiest Christmas getaway on record

  19-12-2025 07:00
  Transport groups warn of unprecedented congestion as commuters, shoppers and holidaymakers travel at onceBritain’s roads and runways will take a festive pounding on Friday as traffic peaks before Christmas and record numbers head to the skies.Motoring organisations are forecasting exceptionally busy roads, with getaways expected to peak on Saturday and Christmas Eve. However, they say the mix of commuter travel, shopping trips and early departures will make Friday the most congested day. C
  
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• UK’s largest proposed datacentre ‘understating planned water use’

  19-12-2025 07:00
  Analysis suggests consumption at Northumberland site could be 50 times higher than US operator QTS estimatesThe UK’s largest proposed datacentre is understating the scale of its planned water use, according to an analysis.The first phase of construction for the hyperscale campus in Cambois in Northumberland has been given the go-ahead by the local council. The US operator QTS, which is developing the site, has promoted its “water-free” cooling system as proof of its sustainabil
  
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• Reeves to Ryanair: Take the Guardian’s Christmas business quiz

  19-12-2025 07:00
  Do you know your Tesla from your Jaguar? Test your 2025 business knowledge here with our annual quiz … Continue reading...
  
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• MPs to question Vodafone on ‘unjust’ treatment of store franchise owners

  18-12-2025 20:51
  Parliamentary scrutiny follows claims that commercial agreements put the mental health of shopkeepers at riskVodafone executives will next month meet MPs scrutinising the company’s treatment of scores of business owners running its stores.The move follows claims reported by the Guardian last week of suicide and attempted suicide by people who had agreed deals to run outlets for the £18bn telecoms company. The report led to suggestions that the government might consider new laws to co
  
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• BP opts for culture shock with new CEO appointment, but the timing is odd

  18-12-2025 18:55
  The decision to replace Murray Auchincloss with Woodside’s Meg O’Neill is puzzling on at least two countsHere we go again. Just when you thought BP was trying to generate less drama, the new chair has decided a new chief executive is needed. Say goodbye to Murray Auchincloss, who junked the green-ish transition strategy of his predecessor as recently as February. Meg O’Neill, the American boss of the Australian group Woodside Energy, becomes BP’s first outside hire as chi
  
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• ‘We’ve future-proofed’: how UK’s biggest car factory upgraded for EV revolution

  18-12-2025 18:41
  Nissan builds in capability to go fully electric at Sunderland plant amid scaling back of transition targets across EuropeCar bodies suspended from overhead rails move through Nissan’s factory in Sunderland, with workers stepping in to fit parts at different stations. At the newly installed battery “marriage station”, lifting machines push the most crucial component up into the body. Robots fit and tighten 16 bolts in under a minute – quick enough to ensure the constant f
  
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• Meg O’Neill: ‘hard-nosed’ outsider who will head BP’s pivot away from green energy

  18-12-2025 18:04
  First female appointment to a major oil company has faced fierce resistance from climate activists as boss of WoodsideThe surprise appointment of BP’s third chief executive in a tumultuous five years reflects the embattled fossil fuel producer’s need for profound change. The hiring of Meg O’Neill appears to offer exactly that.The 55-year-old from Boulder, Colorado, is the first female head of a major oil company, and the first “outsider” to be hired to a position us
  
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• What the UK interest rate cut means for you, from mortgage deals to savings rates

  18-12-2025 15:44
  Fourth cut this year is good news for homebuyers and those due to remortgage, but returns on easy-access savings accounts could dropBusiness live – latest updatesThe Bank of England gave millions of borrowers an early Christmas present on Thursday when it cut interest rates from 4% to 3.75%. It is the fourth cut this year following reductions in February, May and August. Continue reading...
  
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• Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

  18-12-2025 14:56
  Another reduction expected next year but monetary policy committee is deeply divided over inflation prospectsBank cuts rates to 3.75%Business live – latest updatesRachel Reeves has reason to be cheerful. After last month’s budget, the Bank of England cutting interest rates will come as an early Christmas tonic for the chancellor by lifting some of the pressure on hard-pressed borrowers.The City had been heavily betting on a sixth cut since August last year, and Threadneedle Street de
  
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• George Osborne has a new job in tech, and it doesn’t bode well for Britain | Chris Stokel-Walker

  18-12-2025 14:35
  OpenAI is the latest to make a political hire as big tech spreads its tentacles around the world. So what’s the attraction?George Osborne getting a new job isn’t exactly news. Since leaving frontline politics, the former chancellor has served as the chair of the Northern Powerhouse Partnership, edited (not entirely successfully) the Evening Standard, advised asset manager BlackRock, joined boutique advisory firm Robey Warshaw, been appointed as the chair of the British Museum and tak
  
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• ‘We wanted to take action’: US toy company fights back over Trump tariffs

  18-12-2025 13:00
  Learning Resources is suing the administration, claiming the president’s tariffs are illegal – and millions of dollars are on the line The conveyors whir in the massive warehouse, boxes gliding at fast clip, filling up with toys ready to be shipped out for holiday gifts across the country. They make their way to shipping trucks, nearly full with hundreds of boxes by the afternoon of a recent Thursday.The 364,000 sq ft warehouse in the suburbs outside Chicago is just one of Learning R
  
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• Interest rates LIVE: Bank of England to announce major decision at midday

  18-12-2025 11:53 via express.co.uk
  Mortgage holders brace for noon when the Bank of England announces its latest decision on interest rates.
  
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