Surf Tourism May Save Peru's Ancient Reed-Boat Fishing Culture
As fish stocks decline, Peru's traditional caballito de totora fishers turn to surf tourism for survival, blending ancient heritage with modern economic opportunities.
Category : Business
Vanquis CEO Defends Dividend Cut as Bank Swings to Profit
Vanquis Bank has returned to profit with £8.3m earnings after a £138m loss, but CEO Ian McLaughlin defends scrapping dividends for growth. The bank slashed costs 33% while facing legacy issues from past scandals.
Hong Kong Exchange Reports Record Profits Amid Listings Boom
Hong Kong Exchanges and Clearing announces a second consecutive year of record profits, with net profit soaring 36% to HK$17.8bn in 2025, driven by a dramatic rebound in listings and trading activity.
Poppi Prebiotic Soda Launches in UK After Viral Hype
The viral American soda brand Poppi, backed by PepsiCo, launches in UK supermarkets with low-sugar, prebiotic formulas. Available from March 5 in Tesco and Pret.
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New 530-Bed Hotel with Sky Bar Coming to London Bridge
A major new 17-storey hotel featuring a sky bar, rooftop terrace, spa, and swimming pool is proposed for London Bridge, adjacent to Borough Market, with planning approval expected soon.
RLAM Boss on Schroders Sale and Jupiter's Positive Flows
The CEO of Royal London Asset Management provides insights into the Schroders acquisition and Jupiter's recent positive fund flow trends, highlighting strategic shifts in the asset management sector.
Hurlingham Club's Secret Fashion Event Gets Council Approval
The exclusive Hurlingham Club in Fulham has received council permission to host a 1,500-person event for a confidential high-end fashion brand, with guests kept in the dark about the location until the last minute.
Tefal Soup Maker Drops to £58.99 with 55% Amazon Discount
Tefal's Easy Soup maker has seen a significant price reduction, now available for £58.99 on Amazon, offering a 55% discount. This kitchen appliance simplifies soup and smoothie making with one-pot convenience.
Jamie's Italian Returns to London After 7-Year Hiatus
Jamie Oliver's restaurant chain Jamie's Italian is relaunching in London's Leicester Square on March 11, marking its UK return seven years after entering administration in 2019.
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Wolfenstein 3 Casting Leak Reveals New Character Details
A casting leak for Wolfenstein 3 reveals a new character named Sofiya, hinting at the game's story and confirming B.J. Blazkowicz's return, while raising questions about MachineGames' Quake reboot plans.
Media Leaders Push AI Standards to Protect Journalism
Five major British news outlets form SPUR coalition to establish fair-use protocols for AI, aiming to safeguard original journalism and ensure sustainable industry practices.
Anu Adebajo: Ignoring Advice to Temper Ambition Paid Off
Anu Adebajo, CEO of Newton Venture Program, shares her journey from Nigeria to London's VC scene, revealing how rejecting advice to limit her goals fueled her rise in venture capital.
Soundcore P30i Earbuds Drop to £23.98 on Amazon
Anker's Soundcore P30i earbuds are discounted by 52% to £23.98 on Amazon until March 1, featuring ANC, app control, and 45-hour battery life.
M&S £40 Clogs Cut to £20, Shoppers Rave About Comfort
Marks & Spencer's suede flatform clogs have been reduced by 50% to £20, with shoppers praising their comfort and style. Available in brown and sand, they feature fleece lining and a chunky sole.
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Whirlpool Job Cuts in Iowa Amid Offshoring, Trump Tariff Backlash
Whirlpool workers criticize job cuts at an Iowa plant as production shifts to Mexico, despite the company's support for Trump's tariffs. The US has lost 83,000 factory jobs since 2025.
Media Coalition Demands AI Firms Pay for Journalism Use
Guardian, BBC, FT, Sky News and Telegraph Media Group launch Standards for Publisher Usage Rights (Spur) coalition to establish global licensing frameworks ensuring AI companies compensate publishers for using their content.
Royal London Chief: Schroders Sale to Nuveen Hurts UK
The head of Royal London Asset Management warns that Schroders' sale of its wealth management arm to Nuveen is a significant loss for the UK financial sector, raising concerns over foreign ownership and market consolidation.
HSBC and Standard Chartered Ride Asia's Wealth Wave
HSBC and Standard Chartered report massive wealth division growth driven by Asian markets, while UK banks intensify competition in wealth management with strategic acquisitions and expansions.
Workers Train AI Replacements, Face Devaluation
Employees across industries report feeling devalued as they train AI systems that threaten their jobs, with some facing pay cuts and layoffs despite technology's limitations.
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Guide to Ethical European Alternatives to Big Tech
Explore how to replace Amazon, Google, Meta, Apple, and more with greener, privacy-focused European options. Learn about search engines, browsers, email, and smartphones that prioritize ethics over profit.
LSEG's £3bn Buyback Amid Elliott and AI Threats
London Stock Exchange Group announces its largest-ever share buyback of £3bn as it navigates activist investor Elliott Management and AI disruption fears, sparking a 6% stock surge.
Jupiter Fund Management Shares Jump on Positive Inflows
Jupiter Fund Management's share price surged 8.8% as the asset manager reported its first net positive inflows since 2017, with revenue jumping 18% and profit before tax rising significantly.
LSEG CEO: No Asset Sales Planned as Elliott Urges Review
London Stock Exchange Group CEO David Schwimmer states no immediate plans for asset sales, despite Elliott Management's call for a portfolio review to boost shareholder value.
Rolls-Royce Profits Jump 40% on AI Datacentre Boom
Rolls-Royce reports underlying profits of £3.5bn for 2025, a 40% increase, driven by booming demand for datacentre power and strong aerospace performance.
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Samsung Galaxy S26 UK Deals: EE vs Vodafone vs SIM-Free
Compare Samsung Galaxy S26 pre-order deals in the UK, including double storage offers, EE savings up to £720, and Vodafone's flexible contract plans. Find the best launch incentives before March 10.
WPP Shares Drop 10% After £500m Savings Plan Unveiled
WPP's shares fell sharply as the advertising giant announced a £500 million cost-cutting plan through 2028, aiming to reverse years of declining profits and streamline operations.
Nvidia's Earnings Disappoint Investors Despite AI Growth
Nvidia reported record quarterly revenue of $68.1 billion, beating forecasts, but shares remained flat as investors question AI sustainability and competition intensifies.
Ocado Cuts 1,000 Jobs in £150m Restructuring Drive
Ocado is eliminating 1,000 positions, about 5% of its global workforce, as part of a £150m cost-cutting initiative. Most UK job losses will impact its Hatfield headquarters.
Ocado Cuts 1,000 Jobs in Restructuring to Save £150M
Ocado reveals plans to eliminate approximately 1,000 positions, with two-thirds in the UK, as part of a cost-cutting strategy targeting £150 million in savings through operational restructuring.
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Ocado Job Cuts Loom as Kroger Ends Warehouse Deal
Ocado shares plummet as CEO Tim Steiner announces significant workforce reductions following Kroger's withdrawal from automated warehouse partnerships, with up to 1,000 positions at risk.
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