Edward Johnson 
Assura, a UK healthcare property investor and developer, has struck a £500m deal to buy Canada’s Northwest Healthcare Properties’ portfolio of 14 private hospitals across the UK, including Cancer Centre London and the Edgbaston hospital in Birmingham. The deal comes at a time when the NHS is under massive pressure, with near-record waiting lists. The … Read more
Shoppers have avoided high streets in recent days after rioting across England and Belfast led to shops being vandalised and looted, hitting footfall for retailers and neighbouring businesses, figures show. Footfall on UK high streets declined by an average 4.8% between Sunday and Wednesday from the same period the week before, according to the real … Read more
E.l.f. Beauty‘s growth story is still going. The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The company’s sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That increase follows a staggering 76% jump in the year-ago quarter. CEO Tarang Amin … Read more
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday in its bi-monthly monetary policy review meeting has decided to keep the policy rate unchanged at 6.50%. This decision has been kept same since April 2023. Here is what rate pause by RBI means for the mutual fund investors. Adhil Shetty, … Read more
The plant-based meat industry is in a bad place. Sales in the US fell last year as the pandemic-era enthusiasm for vegan burgers and sausages continued to wane. Beyond Meat, once the darling of the plant-based boom and the first one of its cohort to go public, in 2019, has become a cautionary tale about … Read more
A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is … Read more
Sellafield has apologised after pleading guilty to criminal charges relating to a string of cybersecurity failings at Britain’s most hazardous nuclear site, which it admitted could have threatened national security. Among the failings at the vast nuclear waste dump in Cumbria was the discovery that 75% of its computer servers were vulnerable to cyber-attacks, Westminster … Read more
Market watchdog Securities and Exchange Board of India (Sebi) on Thursday slapped a penalty of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited holding them in violation of total expense ratio (TER) norms prescribed by the regulator. Further, the trustee was penalised after … Read more
In late July, OpenAI began rolling out an eerily humanlike voice interface for ChatGPT. In a safety analysis released today, the company acknowledges that this anthropomorphic voice may lure some users into becoming emotionally attached to their chatbot. The warnings are included in a “system card” for GPT-4o, a technical document that lays out what … Read more
Warner Bros Discovery’s announcement this week of a $9bn (£7bn) writedown in the value of its TV networks is a stark acknowledgment of the damage the streaming wars are inflicting on traditional broadcasting models. The astonishing figure, which pushed the US entertainment group to a quarterly net loss of $10bn (£7.9bn) and sent shares sliding … Read more
