Author: franperez66q@protonmail.com
The leader of Manchester City Council will be Labour’s candidate to succeed Andy Burnham as mayor of Greater Manchester.As well as leading the city council, Bev Craig is the deputy mayor for economy, business and inclusive growth on the region’s combined authority. She said: “Greater Manchester is a special place – from the Industrial Revolution, the trade union and co-operative movements and the suffragettes, this place has always fought for progress.”This place changed my life and I owe it everything. It gave me opportunities I could never have imagined, and I’ve spent my career trying to give something back.”The by-election…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 18, 2026. Jeenah Moon | ReutersJust a day after making new all-time records, the semiconductor sector is down almost 7% and traders are finding a cheap way to bet on a bigger pivot.Options volume in Direxion’s triple-levered inverse semiconductor ETF (SOXS) is more than three times the daily average the past month and calls are outpacing puts by more than six-to-one, according to data from ThinkOrSwim.Betting on upside for the fund means betting on downside for chips, as the fund targets…
It’s only a matter of time before the world gets its first $10 trillion company, according to celebrated hedge fund manager and tech investor Philippe Laffont. For the Coatue Management founder, it comes down to simple math. The largest U.S. companies today – Nvidia , Apple and Google – are each between 3% and 4% of total global market capitalization, which is roughly $120 trillion. Assuming the global economy grows to $200 trillion over the next 15 years, and assuming the largest company at that time can increase its share of total market capitalization to 5%, that company would be worth…
SoFi deepens AI-powered trading ambitions with Composer deal Source link
The result is that no one outside of the dominant companies, not even the US government, knows which economically crucial crops, most of which are grown from patented seeds, might be vulnerable to emerging pests and pathogens. For years, plant breeders have been calling for genetic assessments of these seeds and the crops they grow; to date, no such studies have been conducted. A shift in direction But the May 2026 Justice Department court filing saying seed patents are blocking agricultural competition and research indicates the tide may be turning. In 2023, multinational agrochemical company Corteva sued a genetic engineering…
Campaigners opposing Gatwick Airport expansion have lost two High Court challenges against the government but have said they will consider an appeal. Transport Secretary Heidi Alexander approved a £2.2bn plan in September to move Gatwick’s emergency runway 12 metres north, allowing a two-runway operation. The anti-noise group Cagne and campaigner Peter Barclay told a hearing in January the scheme was unlawful, claiming the government had not properly assessed climate impact. Ruling earlier, Mr Justice Mould dismissed both bids, concluding the scheme would not “materially impact” the government’s ability to meet net zero targets – a decision London Gatwick called a…
The Brugge oil tanker anchored off the Port of Long Beach in Long Beach, California, US, on Thursday, May 7, 2026.Tim Rue | Bloomberg | Getty ImagesThe U.S. has issued a sweeping rollback of sanctions on Iranian oil, allowing dollar-denominated trade for the first time in more than four decades, as Washington and Tehran press on with fragile talks toward a permanent peace deal.The U.S. Treasury on Monday issued a wide-ranging 60-day exemption allowing Iran to produce and sell crude oil, petrochemical and petroleum products in U.S. dollars through Aug. 21. Under the so-called General License X, vessels and entities…
Wendy’s names industry veteran Steve Cirulis as new CFO Source link
Google CEO Sundar Pichai addresses the crowd during Google’s annual I/O developers conference in Mountain View, California, May 20, 2025.Camille Cohen | AFP | Getty ImagesMore than three years into the generative artificial intelligence boom, Google has defied the many skeptics who thought ChatGPT would be the search giant’s death knell. But cracks are forming in its core business.Search engine DuckDuckGo is seeing install rates jump by up to 40% a week. Microsoft’s Bing reached 1 billion users for the first time last quarter. And Google’s search engine traffic is down slightly over the past month, while ChatGPT is up…
Speaking in the House of Commons, Chancellor Rachel Reeves confirmed that the plan would be published before the Nato summit in Turkey, on 7 July, and said it would “involve more money, spent more effectively and meet the scale of the challenges we face”.Under Sir Keir’s leadership, defence spending has increased, however on resigning as defence secretary John Healey said a planned rise to 2.68% of GDP by 2020 fell “well short” of the 3% target he argued was necessary. There have been reports that the Ministry of Defence is asking for an extra £28bn between now and the end…