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Jeff Bezos & Liverpool: Consortium including American advances talks
Posted onA consortium including billionaire Amazon founder Jeff Bezos has advanced its talks to buy about a 30% stake in Liverpool, BBC Sport has been told. The group is led by British-Indian millionaire businessman Amit Bhatia and also includes Facebook co-founder Eduardo Saverin. Owners Fenway Sports Group (FSG) confirmed last month that the group had “expressed…
Airbnb fined £56m by Spain for advertising unlicensed properties
Posted onThe Spanish government has fined property rentals giant Airbnb €64m (£56m) for advertising unlicensed apartments. It also said that some of the properties advertised in the popular tourist destination were banned from being rented. The fine means that Airbnb has to withdraw the adverts promoting unlicensed properties. Although the Consumer Affairs Ministry said the fine…
AliExpress gets record €550m fine from EU for allowing sale of illegal products
Posted onChinese online retail giant AliExpress has been fined a record €550m (£467m) by the EU for allowing the sale of illegal products such as unsafe toys and fake clothes. The European Commission said AliExpress has fallen short of its legal obligations “diligently assess” the risk of illegal, unsafe or fake goods on its platform. “The…
Trump says US will not ‘waste our time’ helping Argentina if Milei loses
Posted onPresident Donald Trump has acknowledged that a $20bn (£15bn) US lifeline to help calm Argentina’s currency crisis is an attempt to sway elections this month in the South American nation. Welcoming Argentina’s libertarian leader Javier Milei to the White House, Trump warned that the US would not “waste our time” with helping Argentina if Milei’s…
Why this month’s inflation figure matters for you
Posted onLucy HookerBusiness Reporter Getty Images The cost of living is always important to our finances, but this month what is happening to prices will have a particular extra impact for millions of people. The September inflation figure reflects what has been happening to prices over the past year, and will affect how far your money…
