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Taiwan says it will block access to popular Chinese social media app RedNote or Xiaohongshu for one year following concerns over online shopping scams. The island’s Criminal Investigation Bureau said Thursday it detected more than 1,700 fraud cases on the app since last year, with total losses worth more than NT$247m (£5.9m; $7.9m), local media…
Felicity Hannah,Big Boss Interviewand Michael Sheils McNamee,Business reporter PA Waterstones would stock books created using artificial intelligence, the company’s boss has said, as long as they were clearly labelled, and if customers wanted them. However, James Daunt, a veteran of the bookselling industry, said he personally did not expect that to happen. “There’s a huge…
Emma SimpsonBusiness correspondent Jonathan Armstrong died in October before receiving full compensation A sub-postmaster whose life was ruined by the Post Office’s faulty accounting software has died without receiving his full compensation. Jonathan Armstrong passed away in October from a heart attack at the age of 58. His widow, Sarah, is now looking into claiming…
Rachel AlexanderLocal Democracy Reporter LDRS Residents in Woodall and Hamilton House, both in Bloxwich, Walsall, are seeing a large rise in their energy bills Pensioners living in two tower blocks said they felt like “second class citizens” after a social landlord quadrupled their heating and hot water bills overnight. It was now cheaper to boil…
Emer MoreauBusiness reporter Getty Images Construction in November was at its lowest level since the pandemic Activity in the UK’s construction sector shrank last month at the fastest pace since the pandemic, partly due to uncertainty ahead of the Budget, a closely watched survey has indicated. The research from S&P Global said November saw the…
Energy regulator Ofgem has approved £28bn in investment to improve the UK’s energy network. Most of the funding in the five-year plan will go towards maintaining gas networks, but £10.3bn will be used to strengthen the electricity transmission network. Households will see an additional £108 added to energy bills by 2031 under the plan. But…
Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
Natalie ShermanBusiness reporter Getty Images The US is set to loosen its fuel economy rules, reversing another Biden-era policy that had been expected to lead to increased take-up of electric cars. US President Donald Trump announced the proposal at the White House, where officials said the prior standards were not realistically achievable and were driving…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stephen Witt’s The Thinking Machine, about the rise of Nvidia and its hard-driving leader Jensen Huang, has won the 2025 Financial Times and Schroders Business Book of the Year Award. It is the second year…
Stuart Maisner, Hsin-Yi Loand Daniel Sexton,South East Getty Images People have been advised to boil tap water before drinking Water misery has returned for about 24,000 households in Kent and East Sussex with a water firm saying they do not expect supplies to be restored to all affected customers until midday on Thursday. South East…
