THG Shares Crash 20% After Takeover Talks Collapse
Manchester-based e-commerce leader THG sees shares crash dramatically after takeover talks with Apollo collapse, wiping millions from market value and shaking investor confidence.
Category : Search result: commerce department
US Education Dept sent anti-Trump emails to Democrats
Exclusive investigation reveals the US Department of Education automatically distributed anti-Trump talking points to Democratic voters, raising serious questions about political neutrality in government communications.
Texas Lawyers Face DOJ Civil Rights Investigation
The US Department of Justice has launched a civil rights investigation into legal professionals in McAllen, Texas, following serious allegations of misconduct and rights violations against local residents.
Syrian commerce revival sparks Middle East hope
Amidst the ruins of war-torn Syria, a remarkable economic resurgence is taking root as ancient marketplaces and traditional crafts experience an unexpected revival, offering a glimmer of hope for the Middle East's future stability.
Chinese firms sell boats to migrant smugglers via Amazon-style sites
Exclusive investigation reveals how Chinese e-commerce platforms are supplying migrant smugglers with large inflatable boats, fuelling the dangerous Channel crossings from Turkey to Europe.
Gen Z's Side Hustle Revolution: Teens Building Businesses
Exclusive report reveals how UK teenagers are leveraging social media and digital tools to launch micro-businesses, transforming the traditional entrepreneurial landscape and generating substantial incomes while still in education.
Temu's UK Revenue & Profits Soar in Stunning Growth
Chinese online marketplace Temu more than doubled its UK revenues to £1.1bn and saw pre-tax profits skyrocket in its first full year of operation, new filings reveal. Discover the strategy behind its rapid conquest of the British retail market.
Shein Shopper's 'Tiny' Trousers Fail Is Hilariously Relatable
A Shein shopper's order for a pair of trousers took a comical turn when the garment arrived impossibly small, sparking a wave of laughter and relatable stories online about the perils of online fashion sizing.
Target Launches Next-Day Delivery to Rival Amazon
US retail giant Target launches a new next-day delivery service, directly challenging Amazon Prime's dominance and shaking up the online shopping landscape.
AO World Founder John Roberts Steps Down as CEO
John Roberts, the founder of Bolton-based online electrical retailer AO World, has announced his immediate departure as Chief Executive Officer. The surprise move comes as the company reports a significant return to profitability.
Sainsbury's Partners with Alibaba for China E-Commerce Push
In a landmark move for UK retail, supermarket titan Sainsbury's partners with Alibaba to launch a flagship store on Tmall Global, offering British groceries to millions of Chinese consumers.
State Dept condemns Charlie Kirk's 'repugnant' remarks
The US State Department has issued a scathing rebuke of right-wing commentator Charlie Kirk after he claimed women in diplomacy weaken national security. Marco Rubio faces criticism for endorsing the controversial remarks.
US Justice Dept probes Charlotte police over civil rights concerns
The US Department of Justice has initiated a sweeping civil rights investigation into the Charlotte-Mecklenburg Police Department, focusing on use of force and discriminatory policing practices following the controversial shooting of a man in 2021.
DOJ Report: Minneapolis Police Engaged in Systemic Racism
A damning US Justice Department investigation reveals a culture of systemic racism, excessive force, and discrimination within the Minneapolis Police Department, two years after the murder of George Floyd.
Shein Faces UK Backlash Over Luigi Mangione Trademark Dispute
Fast-fashion titan Shein is embroiled in a contentious trademark battle with UK-based designer Luigi Mangione, accused of selling unauthorised merchandise and exploiting independent creators. The case highlights growing concerns over intellectual property
Amazon Prime Day 2024 Hit by Major Technical Glitches
Amazon's flagship Prime Day sales event was marred by widespread technical failures across the US, leaving frustrated customers unable to complete purchases and facing empty carts.
US Justice Dept Accused of Withholding Ghislaine Maxwell Files
The US House Oversight Committee confronts the Justice Department over withheld Ghislaine Maxwell documents. Democrats allege a cover-up, demanding transparency on Epstein's powerful associates.
Trump's tariffs target small packages, threaten UK shoppers
Former President Donald Trump's latest tariff policy removes a key exemption for small-value packages, a move set to increase prices on everyday goods imported from China and directly impact British shoppers and small businesses.
Trump Scraps Duty-Free Limit on Global Parcel Shipments
The Trump administration has removed a key exemption on low-value imports, meaning global parcel shipments under $800 will now face new tariffs. This move is set to disrupt e-commerce, increase costs for consumers, and spark international trade tensions.
Trump's 'Greatest Economy' Claim Debunked by Data
Former US President Donald Trump falsely boasted of achieving the 'greatest economy in history' during a Washington rally. Official data and economic experts swiftly dismantle his revisionist claims.
Royal Mail Suspends All US Parcel Services Over Tariffs
Exclusive: Royal Mail suspends all parcel services to the United States with immediate effect, citing 'prohibitive' new US import tariffs. British businesses and online sellers face disruption as key transatlantic trade route severed.
Modernising Trade: A Better Alternative to Tariffs
As global trade dynamics shift, experts argue that modernising trade policies could be more effective than traditional tariffs. Discover the latest insights on how innovation and collaboration are reshaping international commerce.
Shein UK sales leap 33% to £2bn+
Online fashion retailer Shein has seen its UK sales surge by a third, surpassing £2bn as budget-conscious shoppers flock to its platform.
NHS trusts face urgent cost-cutting demands
Dozens of NHS trusts are under pressure to cut costs after the Department of Health and Social Care ordered urgent savings, raising concerns over patient care.
NASA plans nuclear reactor for Moon by 2030
NASA, in collaboration with the US Department of Energy, is advancing plans to deploy a nuclear reactor on the Moon by 2030, aiming to support long-term lunar missions and future Mars exploration.
Nissan, Vauxhall fail UK safety standards
Several major car manufacturers, including Nissan and Vauxhall, are selling vehicles that do not meet UK safety regulations, according to a recent investigation by Auto Trader and the Department for Transport.
Justice Dept subpoenas NY AG Letitia James
The US Justice Department has issued a subpoena to New York Attorney General Letitia James, escalating tensions in a high-profile investigation. The move signals a deepening legal battle with potential political ramifications.
US Education Dept criticised over student loan complaints
The US Department of Education is under scrutiny for its alleged failure to properly address student loan complaints, leaving borrowers frustrated and financially strained.
Trump DOJ sanctioned for targeting immigration lawyers
A federal judge has sanctioned Trump's Justice Department for unethical conduct in targeting immigration lawyers. Discover the full story behind this controversial ruling.
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