The food delivery business Just Eat Takeaway.com has been snapped up by an investor in its German rival Delivery Hero for €4.1bn (£3.4bn), two months after it left the London Stock Exchange. Just Eat’s board has unanimously approved the takeover by the South African-owned internet investor Prosus, in an all-cash deal six years after Prosusmade…
A Gucci luxury goods store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy. Bloomberg | Bloomberg | Getty Images Europe’s troubled luxury sector is showing signs of revival after an upbeat earnings season. But continued weakness in China — and the prospect of U.S. tariffs — could leave even the most exclusive brands…
Universities in the UK, many of which are in the grip of a financial crisis, “educate more national leaders than any other country in the world”, according to analysis. Research by Jisc, the UK’s higher education digital, data and technology agency, found UK institutions had educated 50 world leaders who were in post in 2022,…
Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the “low liquidity and trading volumes” of its shares on the exchange. Mike Kemp | In Pictures | Getty Images European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal…
New Zealand’s commerce minister Andrew Bayly has resigned as a government minister after he “placed a hand” on a staff member’s upper arm last week, in what he described as “overbearing” behaviour. Bayly said on Monday that he was “deeply sorry” about the incident, which he described as not an argument but an “animated discussion”….
Getty Images Friedrich Merz says he is eager to re-engage with international partners Germany’s chancellor-in-waiting, didn’t wait for the final results of his country’s election on Sunday to herald a new era in Europe. Declaring the US indifferent to this continent’s fate, Friedrich Merz questioned the future of Nato and demanded Europe boost its own…
British Gas has again emerged as Britain’s worst energy supplier for customer service after a slide in satisfaction over the last six months, figures from a leading consumer group reveal. A Which? report shared with the Guardian found that the service offered by British Gas has worsened across all its satisfaction measures since its last…
Buildings in Singapore, on Monday, Feb. 17, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation climbed by its lowest rate since February 2021, increasing 1.2% year on year in January, down from a revised 1.5% in December. This is the first key piece of economic data since Singapore unveiled its 2025 budget on Feb….
A Chinese national flag, left, and an Indian national flag are arranged for a photograph. Bloomberg | Bloomberg | Getty Images DeepSeek’s breakthrough in artificial intelligence has boosted investor sentiment around China stocks, with a gauge of the country’s onshore as well as offshore shares soaring over 26% since its January low. The surge in…
Every year, the New Orleans Pelicans host a baby crawl race, and the contestants are given Big Easy-themed names like “Beignet Baller” and “Lil Easy.” But not every year is there a participant like New Bawlins, the GOAT of baby crawlers. At halftime, the Pelicans were trailing the San Antonio Spurs 53-40, and then New…
