Business

The EU justice commissioner has raised concerns over the harmful and hazardous nature of certain products sold by Shein and Temu, as authorities increase scrutiny of the prominent Chinese retail platforms. With 12 million low-cost packages entering the EU daily from online sellers outside the region, Michael McGrath has pledged

HSBC has become the first UK bank to exit the global banking sector’s net zero alliance, raising concerns among campaigners that the institution may be weakening its stance on addressing climate change. The decision risks prompting other UK banks to withdraw from the Net Zero Banking Alliance (NZBA), dealing

Shoppers Feel the Strain of Rising Prices Amid Trade Disputes On a scorching July day in New York City, customers at Queens’ largest mall noted another kind of heat—rising costs on everyday items. “Basic t-shirts, underwear, essentials—everything is getting more expensive,” said Clarence Johnson, 48, who stopped by

Ministers are examining potential measures to intervene and safeguard a major steel facility if its parent company faces administration following an upcoming court case. The business secretary, Jonathan Reynolds, is assessing possible government support for Speciality Steel UK (SSUK), part of the Liberty Steel Group owned by Sanjeev Gupta, in

British pubs are shutting down at a rate of one per day this year, according to an industry group, which cites high taxation as a key factor. Simultaneously, hospitality leaders have urged officials to address rising operational expenses. The British Beer and Pub Association (BBPA), representing over 20,000 UK

BMW Worker Facing Back Pain Unfairly Dismissed After Covert Surveillance, Tribunal Rules A tribunal found that BMW discriminated against and wrongfully dismissed a disabled employee after managers authorized secret monitoring, suspecting he was overstating his back pain. Mohamed Kerita, who worked at the company’s production facility, had been dealing