Cristiano Ronaldo is being sued for $1bn over Binance ads.
They say that his support caused them to spend money that they later lost. They want “a sum exceeding” $1bn (£790m) in penalties. The BBC has asked both Ronaldo’s management company and Binance for their thoughts. Binance and Ronaldo revealed…
After a profit warning, Dr. Martens stock drops sharply.
It was first popular in the 1960s. The well-known brand said that doing business in the US has become harder lately and that two of its main wholesalers have cut back on sales. Global earnings for the company dropped by…
A Saudi fund will buy a 10% share in Heathrow Airport.
A private equity fund based in France called Ardian will buy an extra 15% of its parent company, FGP Topco. Since 2006, Ferrovial has had a stake in the project. The company said the deal was worth £3bn (£2.37bn). The…
London travel: Uber starts taking black cab sign-ups
However, the Licensed Taxi Drivers’ Association (LTDA), which has more than 10,000 members, said that Uber’s “unilateral announcement” did not involve any talks with them first. Stephen McNamara of the LTDA said that working for Uber would “taint” the trade….
Ransomware hackers who were ‘wreaking havoc’ in Ukraine were apprehended.
Authorities seized laptops and arrested four other alleged hackers in operations across the country. The group is suspected of extorting “several hundred millions of euros” from victims in 71 different countries. The arrests are the most recent efforts by international…
The first transatlantic flight utilizing only renewable fuels takes off.
It will take off at 11:30 a.m. GMT from London’s Heathrow airport to New York’s JFK airport, operated by Virgin Atlantic. Airlines regard the journey, which is partially funded by the government, as evidence that a greener way of flying…
Eurostar services from Amsterdam to London will be suspended for six months.
Because of renovations in Amsterdam, officials will be unable to handle cross-Channel passengers until 2025. Passengers traveling from Amsterdam or Rotterdam to London will need to change trains at Brussels. According to Eurostar, outbound traffic from London to the Netherlands…
Sunak hails the £29.5 billion ‘vote of confidence’ from international firms.
Rishi Sunak praised the anticipated £29.5 billion in additional investment as a “huge vote of confidence” in the UK economy. The Autumn Statement last week featured some steps to stimulate more company investment. However, it occurred against a backdrop of…
Nissan will spearhead a £2 billion investment in a UK electric car manufacturing.
The Japanese company will manufacture electric Qashqai and Juke models at the plant, in addition to the next generation of the electric Leaf, which is now manufactured there. The plan might directly help 6,000 people and many more across the…
Ukraine war: Kyiv is the target of the largest drone bombardment since the war began.
Residents were awakened by explosions before dawn on Saturday, and the booms of Kyiv’s air defenses rang around the city for more than six hours. Wave after wave of strikes came from the north and east. According to officials, more…
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