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Jaguar unveils $130,000 electric vehicle two years after controversial rebrand
Source: CNBC
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Royal Mail to cut up to 2,500 head office and support jobs by end of next year – business live
IMF chief Kristalina Georgieva warns energy shock, public debt and AI boom threaten global growth, as Brent crude rises above $101 a barrel and government bond yields rise John Healey is planning a major intervention to cut energy bills for poorer households in this month’s budget, after ministers became alarmed at forecasts that show bills rising by hundreds of pounds in January, the Guardian has revealed . The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to households on certain benefits. Continue reading...
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What can I do to protect myself after 'Asos hacked' message?
Asos says people should not engage with the unauthorised notification and says it'll provide further information.
The Guardian2 outlets
IMF chief urges governments to tighten belts as global debt levels soar
Kristalina Georgieva says big economies will have to make ‘very touch choices’ as soaring bond yields hit budgets Business live – latest updates The head of the International Monetary Fund has called on governments across big economies to tighten their belts as soaring bond yields hit budgets. Speaking in Singapore, the IMF’s managing director, Kristalina Georgieva, said global debt-to-GDP ratios were at their highest level since the second world war and on course to hit 100% in the coming years. Continue reading...
CNBC
Treasury yields rise as oil moves higher, traders await key U.S. bond sale
U.S. Treasury yields climbed Wednesday after retreating in the previous session, as oil prices moved higher.
The Guardian
Why do billionaires have so many children if they’re not prepared to parent them? | Arwa Mahdawi
Kim Kardashian’s revelation that she has five nannies for four children caused a ruckus. But the world of the ultra-wealthy throws up far more extreme approaches to childcare “I have the best advice for women in business,” Kim Kardashian told Variety in 2022 . “Get your fucking ass up and work. It seems like nobody wants to work these days.” The billionaire got a lot of flak for this comment but no one can accuse her of being a hypocrite. It takes serious graft to spin a sex tape into lasting fame and a business empire. That said, like many high-flyers who preach the importance of hard work, the Skims co-founder isn’t above outsourcing the less glamorous domestic labour. She has primary custody of the four kids she shares with her ex-husband, Kanye West, and, according to an interview with the Sunday Times , employs five nannies to take care of them: “One nanny on duty, four on rotation,
CNBC
'Get your house in order': IMF chief's stark warning for France over surging bond yields
France is facing a fresh political crisis, as its debt levels and borrowing costs continue to rise.