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Redundancies in Byjus: This reduces the total number of employees at BYJU to 31,000-33,000. New Delhi: Edtech major BYJUs may lay off up to 3,500 staff during the current financial year as it looks to consolidate teams and increase regional focus, sources familiar with the development said. According to one of the sources, BYJU’s had … Read more
In today’s episode, Ian King discusses the development of Rosebank – the UK’s largest untapped oil and gas field. He also talks to the mayor of Jacksonville about investing in Florida. And Ian talks to the chief executive of Chapel Down, the UK’s biggest wine producer, about its profits. :: Listen and subscribe Ian King … Read more
Donald Trump and his company have “repeatedly” violated the state’s fraud statute, a New York judge ruled Tuesday. The order came in response to a request by New York Attorney General Letitia James seeking judgment on one of the allegations in her $250 million civil lawsuit, which is planned for go to trial on October … Read more
David Montgomery, the former Mirror newspaper boss, is putting the finishing touches on a string of City advisers he hopes will help him beat rivals to an auction of The Daily Telegraph. Sky News has learned that National World, Mr Montgomery’s London-listed vehicle, is close to appointing Cavendish Capital Markets and Peel Hunt to help … Read more
Federal Trade Commission and 17 state attorneys general on Tuesday submitted a long-awaited antitrust case against Amazon that claims the retail giant illegally exercises monopoly power to maintain higher prices, harm customers and weaken competition. “Our complaint outlines how Amazon has used a variety of punitive and enforcement tactics to illegally maintain its monopolies,” FTC … Read more
The excess premium will be considered “income from sources” and taxed at a rate of up to over 30% New Delhi: The Income Tax Department has notified new angel tax rules that include a mechanism to evaluate the shares issued by unlisted startups to investors. While previously the angel tax – a tax on capital … Read more
The bond markets, for understandable reasons, attract less media attention than the stock markets. A big fall in the stock market somehow feels more tangible, closer to home, to the man or woman on the Clapham omnibus – even though these days their pension savings are as likely to be invested in bonds as they … Read more
The company that manages the monarchy’s vast property interests is to launch a search for its next chairman, launching a race for one of the most prestigious posts in British real estate. Sky News has learned that The Crown Estate is working with headhunters at Korn Ferry on plans to find a successor to Sir … Read more
America’s creditworthiness is one of its most prized fiscal assets, with global investors relying on the guarantee that the nation can service its debt. But now a leading credit agency is warning that a possible federal government shutdown this week could tarnish the country’s gold-plated rating. Time is running out for House Speaker Kevin McCarthy … Read more
Gatwick Airport has temporarily limited flights for the rest of the week due to illness among air traffic control staff. In a statement, the airport said it would limit the number of flights to 800 a day from Monday, which will remain in place until Sunday, October 1. It said the limit would prevent last-minute … Read more
Tyson Foods and Perdue Farms are facing federal investigations into whether migrant children are among the cleaning slaughterhouses owned by two of the nation’s largest poultry producers. The Department of Labor launched its investigations following a published report detailing migrant children working overnight for contractors at the companies’ facilities on Virginia’s Eastern Shore. A New … Read more
Nissan has committed to selling only electric cars across Europe from 2030, the year Britain should have banned new vehicles powered by petrol and diesel. The Japanese automaker also confirmed that all new models to be launched on the continent from now on will be fully electric. Its 2030 commitment brings Nissan in line with … Read more
Mumbai: The 12th Global Investment Immigration Summit held at the Sofitel, BKC Mumbai witnessed a remarkable increase in the number of participants, signaling a growing interest among Indians to pursue opportunities abroad. Organized by BLS Global, with Acquest Advisors as Knowledge Partner and NDTV as Media Partner, the summit represented a global amalgamation of ideas … Read more
Aldi has reported record sales and the company says concerns about the cost of living had driven up customer numbers. Annual sales topped DKK 15.5 billion. pounds in the year to December 2022, almost an increase of 2 billion. pound from a year earlier and a record in its 33-year history in the UK. The … Read more
Consumer Reports: Put to the test – CBS News Watch CBS News The non-profit organization behind Consumer Reports magazine and website has been testing products since 1936, and today, with an annual testing budget well over $30 million, their 60 labs and teams of engineers put thousands of consumer goods through their paces. “60 Minutes” … Read more
There are any number of websites filled with product reviews and recommendations, but really, which ones can you trust? If experience is a test of credibility, Consumer Reports, with its website and magazine, has been testing things longer than anyone else. CR, as it’s known, has surprised and sometimes outraged consumers for 87 years, testing … Read more
One of the UK’s most prominent university spin-out projects is backing a developer of therapies for neurological diseases as part of a capital raise to fund it for clinical trials. Sky News understands that Crucible Therapeutics, which was founded by University of Sheffield academics in its Department of Neuroscience, will announce this week that it … Read more
Earning a college degree has long been seen as a ticket to a good job, but new data suggests that the type of degree you get can also have a big impact on your annual earnings. College graduates between the ages of 25 and 64 enjoyed median incomes of $74,154 last year, according to recent … Read more
Former Tory prime ministers have warned Rishi Sunak to “deliver a crippled HS2” after his government refused to deny it was considering scrapping part of the project. Boris Johnson said suggestions the Birmingham to Manchester route could be cut due to cost concerns were “desperate” and “exchequer-driven nonsense”. He went on to call on the … Read more
About 48,000 mattresses sold at Costco are being recalled after hundreds of consumers reported mold growing on them, according to the Consumer Safety Product Commission said on Thursday. The mattresses, sold only in Costco stores and on Costco.com, were made by FXI and sold under the Novaform brand between January and June of this year. … Read more