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Elon Musk is «going mad» and that the billionaire is «deeply unwell.» Seth Abramson, Elon Musk's biographer, thinks the billionaire is «going mad» while running SpaceX, X, and Tesla and serving on Donald Trump's transition team. A biographer of Elon Musk has warned that the billionaire may «endanger us all» as worries about his health continue to mount.

career catfishing," where young professionals accept job offers but fail to show up on their first day without notifying their employers. This new phenomenon has sparked debates on corporate culture and workplace ethics. According to The New York Post, a survey by CVGenius, a résumé-building platform, found that 34% of Gen Z workers (aged 27 and under) admitted to engaging in career catfishing. The trend, perceived as an assertion of independence, is reportedly a response to frustrations stemming from exhaustive hiring processes, including lengthy applications and delayed responses from hiring managers. «Our survey found that Gen Z workers, in particular, reported opting for creative ways to put themselves first before their jobs,» explained the UK-based researchers, who surveyed 1,000 employees across generations.

Biden's administration announced on Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its nearly 3-year-old war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict. The outgoing Democratic administration billed the new sanctions as the most significant to date against Moscow's oil and liquefied natural gas sectors, the driver of Russia's economy. Officials said the sanctions, which punish entities that do business with the Russians, have the potential to cost the Russian economy upward of billions of dollars per month. More than 180 oil-carrying vessels that are suspected to be part of a shadow fleet utilised by the Kremlin to evade oil sanctions as well as traders, oil field service firms and Russian energy officials are also targeted by the new sanctions.

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business

In its Ratings Round-Up for December, Square Mile analysts argued that Ninety One UK Sustainable Equity is highly likely to be rolled over into the Ninety One Global Sustainable Equity fund. For this reason, the team has decided to suspend its ‘Responsible A' rating pending the vote outcome. «Should the merger gain approval, the fund will be removed from the Academy of Funds,» Square Mile stated. GAM Star Continental European Equity fund stripped of Square Mile rating amid Niall Gallagher departure Shareholders have until 13 January to cast their vote for the merger proposal, wi...

The label will be applied to the Aegon Sustainable Diversified Growth and Aegon Sustainable Equity funds from the end of March 2025. Miranda Beacham, head of responsible investment at Aegon Asset Management UK, said: «We are very pleased to see SDR is gathering momentum in providing greater clarity and confidence in the market for our clients and look forward to adopting the new labels for our funds.» Aegon AM's Miranda Beacham: FCA should create SDR label for ethical funds The firm clarified, however, that its Ethical Equity, Ethical Corporate Bond, and Ethical Cautious Managed fu...

Chancellor Rachel Reeves was criticised for being «missing in action» as she flew to Beijing for meetings with Chinese government officials and businesses on Thursday (9 January), leaving Treasury secretary Darren Jones to face questions in parliament over surging borrowing costs and demands for spending cuts. Analysts split over Reeves' culpability in UK gilt chaos as US bonds follow suit Jones defended his boss to the Commons and told the House she would not break her promise to borrow money only for investment, or to cover day-to-day spending. Long-term yields on UK government d...

Donald Trump is scheduled to take charge as the President of United States of America on January 22 and will announce a slew of policy-related decisions. However, the US is likely to witness a slow GDP growth in 2025. The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8 per cent in 2025, the United Nations said Thursday. In «World Economic Situation and Prospects 2025,» UN economists wrote that their positive prediction was driven by the strong although slowing growth forecast for China and the United States and by the robust performances anticipated for India and Indonesia. The European Union, Japan, and United Kingdom are expected to experience modest recovery, the report says. The report says the US economy outperformed expectations last year thanks to consumer and public-sector spending, but growth is expected to slow from 2.8% to 1.9 per cent this year.

The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025

Vodafone Idea (Vi) has cleared Rs 1,910 crore of its old dues to Indus Towers using the cash raised by recently issuing fresh equity on a preferential basis to its UK co-promoter, Vodafone Group Plc. Following the fresh capital infusion, Vodafone Plc’s stake in Vi — its Indian telecom joint venture with the Aditya Birla Group — has risen to 24.39% from 22.56%. The acquiring Vodafone promoter entities in Vi are Omega Telecom Holdings Pvt Ltd and Usha Martin Telematics Ltd. “…Vodafone Promoters have utilised the proceeds amounting to Rs 1,910 crore, post-repayment of outstanding borrowing to their existing lenders, to acquire shares in Vi. Further, the proceeds of such capital raise have been received by the Company (read: Indus) from Vi towards part-repayment of the MSA (master service agreement) dues,” Indus Towers said in an exchange filing Friday.

Elon Musk's expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his X platform on Thursday was being watched by the European Commission to check for any spreading of misinformation before next month's German election. The European Union's Digital Services Act (DSA) is intended to address illegal content such as hate speech and intentional manipulation to influence elections. X has been under investigation under the DSA since 2023 over suspected dissemination of illegal content and the effectiveness of its measures to combat information manipulation.

Subscribe to enjoy similar stories. The new year has brought a head-splitting hangover for Britain’s government. Gilts—British government bonds—have sold off sharply in the first days of 2025, deepening a rout that has been going on for months.

Tata Consultancy Services said its net profit grew to Rs 12,380 crore in the third quarter of fiscal 2025, clocking a lower-than-expected expansion of 3.9% sequentially and 5.5% year-on-year as demand slowed in its primary markets across the US and the UK amid the holiday season.

Hope Valley. Fans await Episode 2 for fresh twists and character progressions.

Trump of Mar-a-Lago's newfound-land interest in Greenland, it's John Lennon. In the 1964 Richard Lester musical comedy, A Hard Day's Night, John is asked by a highfalutin journo after the Beatles' return to Britain from their first US tour earlier that year, 'Tell me, how did you find America?' Lennon's deadpan response: 'Turn left at Greenland.' The 18-year-old Don must have registered that wisecrack, and tucked it away for future greenscaping. With Greenland Don-marked, we now know about the autonomous territory of Denmark better than we ever did.

corruption against former finance minister P Chidambaram's son and Congress MP, Karti Chidambaram, for allegedly giving relief to alcoholic beverage company Diageo Scotland over a ban on the duty-free sale of its whisky, officials said Thursday. The case pertains to an alleged suspicious payment made to Advantage Strategic Consulting Pvt. Ltd, «an entity controlled» by Karti P Chidambaram and his close aide S Bhaskararaman by Diageo Scotland and Sequoia Capitals, the CBI FIR said.

Prince Harry and Meghan Markle tied the knot in 2018 the couple has been making the headlines-- and their official exit as senior members of the UK royal family in 2020 only added more fuel to the fire. Amid their recent divorce rumours, considering that Harry and Meghan haven't been making public appearances together for quite some time.

An important member of the Economic Advantage team, Fosh joined in 2008 to work alongside Anthony Cross to build up the Economic Advantage process and co-manage the UK equity fund range. «I feel tremendously proud and privileged to have had the opportunity to fulfil my potential working with the team at Liontrust and would like to thank all those both within the Liontrust family and without, past and present, who have contributed to this,» he said. «Having recently suffered from an unexpected and severe bout of illness, now seems the right time to step back and enjoy my return to heal...