Business / Finance
Wetherspoons bans customers playing music from phones in pubs
The pub chain says the decision followed complaints about "other people's videos and amplified phone conversations".
Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis
Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.
Bitpanda Hit With Europe's First Published MiCA Penalty in Austria
Austria's Financial Market Authority fined the Vienna-based exchange 70,000 euros for procedural and disclosure breaches, an early marker of how EU regulators intend to enforce th…
Meta braces for federal child privacy trial in California
In today's edition: Meta goes to court; Big Tech's AI debt woes; OpenAI heads to Ohio, robot delivery, Reddit, YouTube views, Alibaba, and Groq.
Ferguson shipyard to cut a quarter of its workforce
The state-owned yard on the Clyde will lose 70 of its 283 staff through a voluntary redundancy process.
Dickovers, baggravation and botiquette: 18 new words to describe our tech hellscape
There are many tech irritants that are a scourge of modern life, yet we have lacked the vocabulary to describe them ... until nowThe “dickover” is the scourge of the modern age. C…
Sports Direct owner Mike Ashley tightens hold on Hugo Boss
Frasers Group increases stake in German fashion house to 48%, after buying Harvey Nichols chain last weekBusiness live – latest updatesThe retail billionaire Mike Ashley has given…
China adds 8 banks to digital yuan network as operator count hits 30
The newly authorized lenders will begin offering e-CNY services after completing operational and technical preparations.
South Korea moves to block Polymarket over gambling concerns
The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.
The CEO of KB Home has a plan to tempt first-time buyers into the market at last
Also: All the news and watercooler chat from Fortune.
Live updates: Bitcoin holds $64,000 as surging yields and oil drain risk appetite
The 30-year Treasury yield hit its highest since 2007 and Brent topped $91 as the US-Iran conflict escalates, pressuring stocks. Bitcoin is holding its range, for now.
BitBox patches ‘severe’ wallet flaws that could put funds at risk
BitBox recommended all users update to firmware version 9.26.5 and said it had received no reports of exploitation or fund losses.
The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls
Iran forcing a fee structure in the Strait of Hormuz may trigger a global domino effect.
Wetherspoons pubs ban playing music or taking calls on phone speakers
Chain tells customers to ‘pipe down’ and use earphones instead, calling its venues ‘an oasis of tranquillity’The pub chain Wetherspoons has banned customers from playing music or …
Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman
Brent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrenderBusiness live – latest updatesOil prices have risen again after t…
Oil prices rise as US-Iran ceasefire ends; UK wage growth slows amid cost of living squeeze – business live
Brent crude climbs above $91 a barrel Good morning, and welcome to our rolling coverage of the global economy, the financial markets, the eurozone and business.Oil prices have ris…
Married 69 years, this philanthropic couple died 8 days apart—after giving away more than $20 million from a hotel-and-property fortune
Roy and Nola Thompson quietly gave away tens of millions to their Australian community, guided by a simple rule: "You can't take it with you."
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he’s a billionaire who says the American Dream isn’t dead
Billionaire Palmer Luckey sold Oculus to Facebook for $2 billion by 21 years old—and says that kind of break "isn't happening in China."
AWS’s Asia chief is relocating to Japan as the country scrambles to modernize its legacy IT systems
Last year, Japan began a push to reboot its innovation engine with a plan to channel $2.3 trillion in investments to 17 strategic sectors by 2040.
Alibaba’s $2 billion gaming exit signals where Beijing wants its money
The e-commerce giant sells its gaming studio and pours $53 billion into AI as the US-China tech rivalry heats up
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
Billionaires have amassed a nine-figure war chest to defeat Proposition 40 as polls show California voters are nearly split on the one-time tax.
Job vacancies at five-year low as smaller firms scale back recruitment
Small firms cite labour and operating costs as reasons for scaling back hiring, the UK's statistics body says.
Student bank accounts: don’t be swayed by the freebies, freshers told
Sign-up perks may capture the attention but should the focus be on the interest-free overdraft?The best student deals and discountsAn insider’s tips on student moneyIn the scrambl…
The bitcoin price level where leveraged bulls could get whacked
Bulls are stacking longs, liquidity is thinning and one key level could trigger large liquidations.