Chinese robotics giant Unitree soars in stock market debut
The Chinese firm’s shares, which were offered to investors for 150.80 yuan (£16.50; $22.36) each, closed at 845 yuan. The highly anticipated listing on the technology-focused Star Market - which is widely known as…
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Trainline and Virgin Atlantic face watchdog’s ‘drip pricing’ probe
The UK’s competition watchdog has launched an investigation into three companies over concerns that customers were not shown the total upfront price when buying train and coach tickets, holidays or driving lessons. The…
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Inflation leaps to 2.9 per cent in blow to Burnham
The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading was 2.6 per cent. Services inflation, a measure closely…
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FTSE 100 Live: Stocks slip after inflation surges; Oil jumps as Trump claims Strait of Hormuz
Welcome back to the City AM liveblog. Oil prices are surging higher for the fourth consecutive session after Donald Trump declared the Strait of Hormuz as US territory. Brent crude – the international benchmark for oil…
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UK relies on heat-stressed countries for fruit and veg it could grow itself – report
Much of Britain has sweltered under a record five heatwaves this year and endured drought and wildfires, with the hot, dry conditions damaging crops and reducing yields of domestic produce . However, the UK relies on…
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Audi’s brought back the A2, and it’s gone electric
The new A2 e-tron is expected to offer more than 400 miles of range and cost less than £35,000. Audi is bringing back the A2 , more than two decades after its famously clever little hatchback disappeared from showrooms.…
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IPO tweaks are welcome, but London’s market needs root and branch reform
The consultation respondents were near unanimous in their support for change. Their concerns essentially built on a Treasury Investment Research Review led by Rachel Kent in 2023, which found that the 2018 regime had…
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Tourists on pastry quest overrun scenic spot in Italian mountains
The visitors ventured en masse to the Friedrich August refuge – perched at 2,300 metres (7,500ft) above sea level, between Col Rodella and Passo Sella in Val di Fassa – some reportedly waking up at dawn or camping…
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Inside the Bank of England: Gold vaults and ‘giant’ bank notes worth tens of thousands
Speaking on the MoneyWeek Talks podcast, they also explained how electronic payments in the UK, from coffees to house purchases, go through the Bank’s ‘black box’. Try 6 free issues of MoneyWeek today Get unparalleled…
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Old Spice Trafford: Which brands could splash £150m sponsoring Manchester United’s new stadium?
Despite only eight of the Premier League’s 20 teams having naming rights sponsors for their stadiums – notably Arsenal, Manchester City and Everton with Emirates, Etihad and Hill Dickinson respectively – it is thought…
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