Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue

Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.

Business - CNBC - October 28

Wise chief executive fined £350,000 over ‘tax issues’

UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job

Business - Financial Times - October 28

Brady issues warning over football regulator plans

The government's proposed new football regulator would create a "closed shop" of top sides, West Ham United vice chair Karren Brady warns peers as the Football Governance Bill is debated in ...

France and Germany attack UK plan to levy VAT on international school fees

Proposal to impose value added tax in the Budget risks damaging diplomatic ties, ambassadors say

Business - Financial Times - October 27

Regulators Probe 1.4 Million Hondas for Possible Engine Failures

The National Highway Traffic Safety Administration has concerns about several models from different years, including the Honda Pilot and Acura MDX, the Honda Odyssey and Acura TLX, and Honda ...

Business - Inc. - November 12

‘We’re a fierce advocate and a wise friend’: Here’s what AARP’s new CEO will do for its 38 million members.

Social Security, caregiving, health and advocacy are at the top of her list.

Business - MarketWatch - November 16

Bluesky CEO Jay Graber says X rival is 'billionaire proof'

Bluesky CEO Jay Graber told CNBC that the social media app's open design could thwart potential acquisition efforts.

Business - CNBC - 2 days ago

UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms

World - Yahoo News - 5 days ago

UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms

British farmers are descending on Parliament to protest a hike in inheritance tax that they say will deal a “hammer blow” to struggling family farms

World - ABC News - 4 days ago

UK wealth managers warn Reeves over plan to levy inheritance tax on pensions

AJ Bell boss tells chancellor that ‘complex and costly’ Budget proposal will ‘undermine’ retirement savings system

World - Financial Times - 5 hours ago

Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally

President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States

Tech - ABC News - October 28

Be brave and impose minimum tax on world’s billionaires, urges Spanish minister

Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth. Spain’s economy minister has urged the world’s richest countries to “be brave” and ...

World - The Guardian - 6 days ago

Starbucks’s CEO Steps In to Tackle Long List of Issues

Customers are turning away from the coffee giant, and its new chief executive, Brian Niccol, has to figure out how to get them back.

Business - The New York Times - October 30

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

UK air traffic control failure cost up to £100mn, finds review

Report into August 2023 travel chaos highlights lack of planning and training across the aviation sector

World - Financial Times - November 14

UK regulator paves way for £16.5bn Vodafone-Three merger

CMA signals support for deal as long as companies commit to delivering joint network plan and retaining certain mobile tariffs

Business - Financial Times - November 5

UK ‘falling behind’ on sewage pollution regulation while EU tightens rules

EU member states agree to update urban waste water treatment directive. The UK is falling further behind on sewage pollution regulation as the EU tightens its rules to clean up Europe’s waterways, ...

World - The Guardian - November 6

Chancellor and BoE governor call for UK to rebuild ties with EU

Reeves and Bailey highlight damage from Brexit amid concern about Trump’s plan to impose tariffs on trading partners

Business - Financial Times - November 14

UK merger regulator to explore deal remedies after anti-growth criticism

CMA chief says agency is very aware that boosting the economy is an important part of its mandate

World - Financial Times - 3 days ago

What Trump means for Silicon Valley

I expect the administration, with the advice of Elon Musk, will adopt a mercantilist AI policy

Business - Financial Times - Yesterday

UK regulator says Apple, Google blocking innovation in mobile browsers

The United Kingdom’s top antitrust regulator said Friday that an independent inquiry provisionally found that Apple's and Google’s policies for mobile browsers are blocking innovation. The report ...

Politics - The Hill - Yesterday

Disruptive snow to hit UK as weather warnings issued

Snow and ice warnings have been issued and disruption is possible as the weather turns colder across the UK.

Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct

Mineral Resources shares fall 10% after board concludes founder used company resources for personal benefit

World - Financial Times - November 4

Billionaire Gautam Adani charged in US over alleged $250m bribery plot

Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts. Gautam Adani, one of the world’s richest men, has been indicted in New York over ...

World - The Guardian - 3 days ago

Gautam Adani charged in US over alleged $250mn bribery scheme

Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contracts

World - Financial Times - 3 days ago

US charges Indian billionaire Adani over alleged $250m bribery scheme

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government. Gautam Adani is widely regarded as one of the most powerful men in India, as ...

World - The Guardian - 2 days ago

Elon Musk Jabs at Billionaire Rival Jeff Bezos Over Trump

The world’s two richest men got into it on Musk’s social-media platform X over the election.

Business - The Wall Street Journal - Yesterday

Tax blow for 1mn UK top earners by 2027

Fiscal drag will pull thousands more into a 60 per cent marginal rate

World - Financial Times - October 26

UK Labour’s Budget borrows big, taxes more

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - October 31

Ofcom fines GB News £100,000 over impartiality

The media watchdog says the broadcast channel allowed the then-prime minister to go unchallenged.

Meta fined €798m over 'unfair' Facebook Marketplace

The European Union says the tech giant crowded out rivals, breaching competition law.

Bank Holiday airport chaos made worse by password issue, report says

An air traffic control engineer was unable to fix a major fault from home, a report says.

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