Fox Corp reported $4.21bn in fourth-quarter revenue, boosted by advertising income from the FIFA World Cup. The strong ad performance helped offset other declines, highlighting the continuing financial power of major live sporting events for broadcasters.
Diageo announced a turnaround strategy that includes doubling Guinness production while shedding jobs. The beverage giant is consolidating its portfolio to focus on high-growth brands. The move signals major operational shifts and will affect employees and the global beer market.
The New York Yankees have reached an agreement to make Polymarket the team's official prediction market partner. This marks one of the first major sports team partnerships for a crypto-based prediction platform, potentially bringing betting-style markets into mainstream professional sports. The deal highlights growing ties between traditional sports franchises and online prediction platforms.
Hospital workers in the UK are taking second jobs in pubs and bars to cope with rising costs and stagnant wages. The trend highlights how financial strain is forcing healthcare staff to work extra hours, raising concerns about fatigue and its impact on patient care.
New UK visa rule changes do not bar car washes or vape shops from sponsoring skilled foreign workers, despite broader restrictions. The businesses remain eligible under the current sponsorship system, meaning the reforms have a narrower impact than initially expected.
Exclusive emails show Anduril founder Palmer Luckey engaged in political fundraising while his company secured sole-source defense contracts. The documents raise concerns about potential conflicts of interest between his political donations and government procurement decisions. This matters because it questions the transparency and ethics of defense contracting at a time of rapid military tech growth.
A BBC investigation reveals that thousands of young people are failing to claim money they are entitled to, such as forgotten savings, inheritances, or government payments, simply because they don't know it exists. This unclaimed money could help with rising living costs, but lack of awareness and complex systems keep it out of reach. Financial experts urge young adults to search official records for unclaimed assets.
The owner of the iconic Raleigh bicycle brand has launched insolvency proceedings, signaling severe financial distress for the historic manufacturer. The move could lead to restructuring or potential closure, affecting jobs and the future of one of Britain's best-known cycling names.
In drought-affected regions, wine producers are thriving thanks to conditions that favor grape quality, while vegetable farmers face severe water shortages and crop losses. The split highlights how climate extremes create uneven economic impacts across agriculture, affecting food supply and regional livelihoods.