Small firms face near-30% rise in water bills, Ofwat letter reveals | Water bills

Small firms face near-30% rise in water bills, Ofwat letter reveals | Water bills

Small businesses have accused water suppliers of saddling them with the cost of “historic errors” made by bosses in the scandal-hit industry, as it emerged their prices could rise nearly 30% by 2030. The water industry regulator, Ofwat, has told businesses that it expects average wholesale charges for non-household customers – which include small firms, … Read more

‘Huge losses’: Sweden fears for future of batterymaker Northvolt | Automotive industry

‘Huge losses’: Sweden fears for future of batterymaker Northvolt | Automotive industry

Just three years ago, Sweden’s then prime minister, Stefan Löfven, visited Northvolt’s base near the Arctic Circle in Skellefteå – Europe’s first homegrown battery gigafactory – and declared the city “the future” in the fight against the climate crisis. Its work had huge significance for Sweden and the world, the Social Democrat said. The arrival … Read more

Former Post Office chair warns of fresh Horizon-style scandal in the making | Post Office Horizon scandal

Former Post Office chair warns of fresh Horizon-style scandal in the making | Post Office Horizon scandal

The former chair of the Post Office has warned of another Horizon-style scandal if so-called “untouchable” investigators and executives involved in the prosecution of sub-postmasters are not fired before the organisation rolls out its new IT system. Henry Staunton, who was sacked by the then business secretary, Kemi Badenoch, in January, said there there were … Read more

Private equity firms ploughing billions into fossil fuels, analysis reveals | Private equity

Private equity firms ploughing billions into fossil fuels, analysis reveals | Private equity

Private equity firms are using US public sector workers’ retirement savings to fund fossil fuel projects pumping more than a billion tonnes of greenhouse gas emissions into the atmosphere every year, according to an analysis. They have ploughed more than $1tn (£750bn) into the energy sector since 2010, often buying into old and new fossil … Read more

McDonald’s is bringing back its famous ‘Boo Buckets,’ with a new color

McDonald’s is bringing back its famous ‘Boo Buckets,’ with a new color

(KTLA) – McDonald’s famous Boo Buckets are making a return just in time for Halloween. The Boo Buckets, a customer-favorite which doubles as a trick-or-treating bucket, comes with Happy Meals. The company will introduce a blue bucket this year, replacing last year’s purple one. Customers can customize their buckets with themed sticker sets. McDonald’s first … Read more

Irish finance minister calls €14bn tax windfall from Apple ‘transformational’ | Ireland

Irish finance minister calls €14bn tax windfall from Apple ‘transformational’ | Ireland

The Irish finance minister has hailed the €14bn tax windfall from Apple as “transformational” just weeks after the government lost a case in the European court of justice arguing the tech company should keep its money. Unveiling the country’s budget on Tuesday, Jack Chambers said the money would be used on infrastructure and not splurged … Read more

Nifty or Nifty Bank? Each exchange can offer only 1 weekly options expiry from November 20

Nifty or Nifty Bank? Each exchange can offer only 1 weekly options expiry from November 20

Market regulator Sebi has tightened the derivative norms by rationalising the weekly expiry contracts for the options segment. Under the new rules, exchanges can offer expiry contracts for only one index. The move was brought in to address excessive trading in index derivatives on expiry day. This measure will be effective from November 20. From … Read more

23andMe Is Sinking Fast. Can the Company Survive?

23andMe Is Sinking Fast. Can the Company Survive?

Kteily says by the time the company rolled out these services, it was too late. Customers had already left the platform. “I think they hit on something viral, which was the concept of where you’ve come from. People found that so fascinating. But once you know that information, you’re not going to come back five … Read more