Business News: Global Companies, Markets & Economy

NatWest bank branch exterior in London on a sunny morning

NatWest Q2 profits jump to £2.3bn, beating forecasts on retail and wealth strength

NatWest Group reported second-quarter pre-tax operating profits of £2.3 billion on Friday, comfortably exceeding analyst expectations of around £2 billion. The UK...

Startup founder meeting with investors in a glass-walled office, tense atmosphere

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Why VC-backed founders commit fraud: new research points to investor pressure

Startup founders backed by venture capital commit fraud at higher rates than their non-VC counterparts, and the investors funding them deserve part...

Electric vehicle chassis on an assembly line in a modern automotive factory

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GM and Ford Are Quietly Pivoting Away From EVs — the Earnings Call Data Shows How

Just a few years ago, General Motors and Ford were all-in on electric vehicles, spending billions on new models and promising an...

Aerial view of an oil refinery at sunset, representing Iran's energy infrastructure.

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US and Israel Reportedly Plan Strikes on Iran’s Energy Infrastructure; Oil Prices Waver

Washington — CBS News reported on Wednesday, citing unnamed US officials, that the United States and Israel are planning potential military strikes...

Young founder working on laptop in a San Francisco startup office

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Silicon Valley’s Young Founder Boom Comes With a New Kind of Pressure

At 19, Arlan Rakhmetzhanov sees no middle ground: he either builds a company as valuable as Google or ends up on the...

A redesigned London square with climate-resilient features like shaded seating and permeable paving

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How London’s West End Is Redesigning for a Future of Extreme Heat and Flooding

London’s West End, known for its historic squares and bustling shopping streets, is quietly undergoing a transformation aimed at preparing for a...

Exterior of an HSBC bank branch in Australia, representing the sale of its local mortgage portfolio.

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HSBC Sells $25 Billion Australian Mortgage Portfolio to Blackstone

HSBC has agreed to sell its A$25 billion Australian mortgage portfolio to Blackstone, the US private equity giant, in a deal that...

Exterior of a NatWest bank branch in London's financial district on a cloudy day

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NatWest CEO rejects calls for higher bank taxes despite record profits

NatWest chief executive Paul Thwaite has pushed back against growing political pressure to raise taxes on UK banks, arguing that additional levies...

Newly built UK homes with a For Sale sign under overcast sky

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Taylor Wimpey trims shareholder returns and lowers completion target as housing market stays weak

Taylor Wimpey, one of the UK’s largest housebuilders, has cut its shareholder returns and lowered its annual home completion guidance, citing persistently...

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Elon Musk’s X settles legal battle with World Federation of Advertisers, ending GARM dispute

Elon Musk’s X has settled its multiyear legal battle with advertising trade group the World Federation of Advertisers (WFA), the two organizations...

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