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Revolution Beauty reports business improvement in Q2 fiscal 2027 Source link
The UK government borrowed slightly less than expected in June, according to official figures published as new prime minister Andy Burnham began setting out measures to cut living costs for households. Borrowing – the difference between spending and income from taxes – was £16bn last month, £7.9bn lower than at the same point last year, the Office for National Statistics (ONS) said.Separate figures also showed the unemployment rate remained unchanged between March and May, with the UK statistics body saying the labour market was “relatively steady”.However while the borrowing figures were better than forecast, the UK is still carrying significant…
The Samsung Electronics Co. signage at the company’s Seocho office building in Seoul, South Korea, on Monday, June 29, 2026. SeongJoon Cho | Bloomberg | Getty ImagesSamsung Electronics shares rose after the company said Tuesday it is creating a robotics division as the South Korean tech giant seeks new sources of growth.The newly created RX, or Robotics eXperience, will consolidate Samsung’s robotics capabilities and is intended to drive a mid- to long-term strategy from core tech development to commercialization, the company said in an emailed statement. CEO TM Roh will oversee the division directly. Samsung rose 6.76%, while the benchmark…
New PM Andy Burnham sets out first steps to reshape Britain Source link
Andy Burnham says he will remove VAT for household electricity bills, marking his first major costed policy announcement as prime minister. Source link
A Syrian farmer looks at an Iranian missile that fell into an agricultural land in the area of Najha, in the countryside of the Syrian capital after being intercepted by Israeli air defense systems on June 8, 2026. Bakr Alkasem | Afp | Getty ImagesIt’s been 10 days since U.S. President Donald Trump declared the ceasefire with Iran “over,” with both sides launching military strikes and renewing geopolitical uncertainty.U.S. Central Command has pounded Iran with 10 straight nights of strikes, saying that the attacks are to “degrade Iranian capabilities used to attack commercial shipping in the Strait of Hormuz.”Here are…
Why is Lee & Man Paper Manufacturing stock surging today? Source link
Nearly half of companies that are targets of a ransomware cyber attack end up paying a ransom to release their data or systems, according to 2025 research from cybersecurity group Sophos, while the median amount demanded is rising. Globally, some jurisdictions are responding by banning payments to hackers. In the UK, for example, the government is advancing plans to prohibit public sector bodies and critical national infrastructure groups—including the National Health Service, local councils and schools—from making payouts. The potential veto comes as ransomware hackers have become more advanced and meticulous in their targeting of companies, particularly vulnerable small and…
His resignation came days before Andy Burnham’s pivotal by-election in Makerfield, adding to the sense that Sir Keir’s premiership was falling apart.Healey earned plaudits from across the political spectrum for resigning on a matter of principle.He had clashed with Reeves, the woman he is now replacing, pointedly saying in is resignation letter that the Treasury had been “unwilling” to “commit the resources that the nation needs to defend the country at this time of rising threats”.His return to government in the most vital job of all in cabinet after the prime minister is an even bigger surprise than his resignation,…
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.The EU’s tech chief has warned that AI has become a geopolitical weapon, pushing for Europe to develop its own alternatives to US models faster or risk being cut off from strategic capabilities.Brussels feared being “dependent on third countries for these very critical technologies”, Henna Virkkunen told the FT in an interview. Governments with the power to cut off other countries from accessing AI models could use that in their own interests, she warned. The EU’s fears about reliance on US tech…