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09/04/2025

Shein has sparked outrage by using a photo eerily resembling accused killer Luigi Mangione to model a floral men’s shirt, selling for under $10. The image was removed immediately after discovery. Shein says it came from a third-party vendor and pledges a full investigation to tighten oversight. 😡👕

09/02/2025

Nestlé has fired CEO Laurent Freixe after an internal investigation found he engaged in an undisclosed romantic relationship with a direct subordinate, violating the company’s code of conduct. The decision was led by Chairman Paul Bulcke and an independent director, with no severance package awarded. Philipp Navratil, previously head of Nespresso, has been named as the new CEO effective immediately. This marks the second CEO ousting in a year, amid ongoing concerns over governance and leadership stability.

09/01/2025

South Australia has become the first place in the world to ban fish-shaped plastic soy sauce containers, effective from 1 September 2025. These tiny condiment dispensers, commonly found in sushi packaging, were deemed environmentally hazardous—they evade recycling systems and often end up as litter or mistaken for food by marine life. The ban, part of broader single-use plastics reforms, also includes caps, rectangular sachets under 30 ml, and aims to encourage bulk or reusable alternatives.

08/26/2025

Trump’s attempt to remove Federal Reserve Governor Lisa Cook, citing alleged mortgage fraud, has ignited a constitutional and institutional crisis. She insists he lacks legal authority and refuses to resign—calling his move politically motivated. The clash raises serious concerns about the Fed's independence and could lead to a Supreme Court battle.

08/25/2025

New Look’s owners, Alcentra and Brait, have appointed Rothschild to lead a strategic review of the high-street chain—likely triggering a sale or auction in the coming year. The retailer, with around 340 UK stores and 10,000 employees, hopes to leverage prior equity injection and digital momentum to secure a strong outcome.

08/21/2025

Surprise good news as UK government borrowing in July was just £1.1 billion—less than half of the forecasted £2.6 billion and the lowest July figure in three years. Stronger tax and national insurance receipts helped reduce the borrowing burden, giving Chancellor Rachel Reeves a rare fiscal breather.

08/20/2025

UK inflation rose again in July to 3.8%, the highest since early 2024, up from 3.6% in June. 📈 Driven by higher food prices, airfares, fuel and housing costs, services inflation also hit 5%. The surge puts fresh pressure on the Bank of England, likely delaying interest rate cuts. 💷🔥

08/19/2025

“There's one thing scarier than markets lurching around—and it's happening right now.” 🌍 That unsettling truth, highlighted by Ed Conway, points to UK government bond yields soaring to their highest since the late ’90s—even as the Bank of England slashed interest rates. An odd twist with no clear cause, stirring deep investor anxiety. 🇬🇧📈

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