US supreme court has ‘ransacked’ the country, president argues, in wake of its ruling against his trade agenda
Donald Trump has claimed he has “the absolute right” to impose new tariffs after the US supreme court ruled many of the import duties he imposed last year were illegal.
The president attacked the court in a late night broadside on Sunday, accusing it of having “unnecessarily RANSACKED” the US – and failing to show him sufficient loyalty.
Continue reading...Australian Community Media says employee ‘wellbeing’ top priority amid ‘shock and deep concern’ over 59-year-old’s charges
Australian Community Media will hold a staff meeting on Monday afternoon to share the regional media group’s response to the arrest of its part-owner Antony Catalano who is facing charges of assault of a woman.
On Sunday the board and executive leadership team of ACM distanced itself from the 59-year-old newspaper mogul, saying they were “shocked and deeply concerned” about the charges.
Continue reading...The luxury property surge fuels growth in Miami, but a poll finds many residents weighing an exit over housing and living costs
To a casual observer, everything in south Florida’s real estate garden is looking rosy. There’s a “gold rush” in Miami as ultra-wealthy buyers snap up mega-mansions and luxuriously appointed condos as soon as they hit the market; and the Guardian has also reported recently on the “Mamdani effect” of elite New Yorkers arriving in the sunshine state with bulging pocketbooks in search of a high-priced escape from the city’s new mayor.
Yet alongside the boom, there are rumblings of a more troubling parallel reality. Undoubtedly, the billionaire class is helping to pump even more dollars into an already thriving Florida economy. But as prices rise and the less affluent find everything from housing and insurance to gas and groceries increasingly expensive, many are considering doing something about it.
Continue reading...Brand enlists JW Anderson to help brew up 17-piece range of luxury fashionwear, from ‘beer towel’ shorts to branded trousers and tops
You too can look like a pub carpet – and for the bargain price of £1,295. Such sartorial elegance – perhaps an option for anyone stepping out to celebrate St Patrick’s Day this week – is the aesthetic love-child of a partnership between Guinness and the luxury clothing brand JW Anderson.
The tie-up, launched earlier this month, allows fashionistas to get their hands on a range of Guinness wear that exploits the continuing metamorphosis of the “black stuff” from unfashionable pub staple to social media status symbol.
Continue reading...Underquoting and ‘dummy bidding’ will attract fines of $110,000 in bid to create a ‘fair property market’
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The New South Wales government will introduce new laws this week to force property sellers to publish a price guide on all advertising, and impose a fivefold increase to fines for underquoting real estate agents.
The government says the draft laws, first flagged last year, are aimed at cracking down on agents providing misleading price estimates on property listings, a practice often used to inflate interest.
Continue reading...High-net-worth residents of UAE heading to Ireland and France to wait out missile attacks before tax year ends
Wealthy UK nationals fleeing war in the Gulf are seeking sanctuary in countries such as Ireland and France to avoid hefty tax bills back home.
In the face of possible demands from HM Revenue and Customs, high-net-worth individuals who had been living in the United Arab Emirates and neighbouring countries are hoping to wait out the missile and drone attacks elsewhere rather than return to the UK.
Continue reading...Carmaker’s decision to drop NissanConnect EV app on relatively recent cars fuels warnings from experts
Owners of some Nissan Leaf electric vehicles are angry after the carmaker announced it would shut down an app that lets them remotely control battery charging and other functions.
Drivers of Leaf cars made before May 2019 and the e-NV200 van (produced until 2022) have been told that the NissanConnect EV app linked to their vehicles will “cease operation” from 30 March. This means they will lose remote services, including turning on the heating, and some map features.
Continue reading...Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertainty
The NHS and Ministry of Defence will be urged to buy British tech, as the government pins its hopes on the benefits of artificial intelligence to kickstart growth in the face of the Iran crisis, Treasury minister Spencer Livermore has said.
The chancellor, Rachel Reeves, will restate her economic strategy in a high profile lecture on Tuesday, just as rocketing oil prices have raised fears of higher inflation and weaker growth.
Continue reading...US president calls on China, France, Japan and the UK to send vessels after US strikes Kharg Island oil facilities
Iran threatened on Saturday to further escalate the war raging in the Middle East by targeting any facility in the region with US ties, after Donald Trump predicted “many countries” would send warships to support a US bid to reopen by force the strait of Hormuz, a critical waterway closed to virtually all maritime traffic by Tehran since the beginning of the war.
Iran has responded to the joint US-Israeli offensive, which is entering its third week, with daily attacks on oil and other infrastructure around the Gulf region, as well as against Israel.
Continue reading...Drivers in Detroit are unhappy with the spike in gas prices, even if reactions are mixed to the US-Israel war on Iran
On a rainy Detroit afternoon at a gas station off Interstate 75, Victor Rodriguez watched the pump tally tick up as he filled up his F-250 diesel pickup truck for $4.19 per gallon. It totaled $110. “Ridiculous,” he said.
The US-Israel war on Iran has crippled major portions of the oil supply chain, sending gas prices soaring as the conflict enters its third week. Rodriguez said he supports “getting rid of this thug”, referring to Iran’s Ayatollah Ali Khamenei, who was killed by the US, but the cost is too high.
Continue reading...With anger stoked by Channel 4’s drama Dirty Business, we look at what has happened to some of the main players
Water companies have been in the public eye for the wrong reasons again recently. South West Water was in the dock pleading guilty to supplying water unfit for human consumption, while the regulator fined South East Water £22.5m for repeated supply failures that affected more than 280,000 people over three years.
As the full scale of the sewage pollution scandal has been revealed to the public over the past six years, key figures working for the regulators and the privatised companies have been heavily criticised. Channel 4’s drama Dirty Business has focused attention on individuals at the heart of the scandal.
Continue reading...Austrian officials took action after airline ignored court order to pay €890 to unnamed women
Bailiffs have boarded a Ryanair aircraft after the airline refused to pay compensation to a passenger whose flight was delayed.
Austrian officials took action after the budget carrier ignored a court order to pay the unnamed woman €890 (£742) in legal costs and compensation for a delayed flight two years ago.
Continue reading...More than 20% of weekend availability lost in England since 2022, forcing some to turn to A&E, says national association
People who need to obtain medication at the weekend are having to undertake long trips because more pharmacies are cutting their opening hours on Saturdays and Sundays.
One in six pharmacies in England have reduced their hours at weekends since 2022, with some shutting altogether, as a result of “unsustainable” pressures on their budgets.
Continue reading...Payment of 2% at employee-owned partnership follows sales increase to £13.4bn
The owner of John Lewis and Waitrose has paid an annual bonus to workers for the first time in four years after underlying profits rose by 6%.
The retail group’s 69,000 employees – which it calls partners – will share £35m, the equivalent of 2% of salary, after it recorded an increase in sales and profits. The payout amounts to about one extra week of pay.
Continue reading...Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia’s invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019.
Continue reading...Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia’s invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019.
Continue reading...Vast release of emergency crude reserves fails to quell mounting fears around energy supply crunch, rattling global markets
Oil prices again topped $100 a barrel on Thursday as widespread Iranian attacks on Middle Eastern energy facilities overshadowed a vast release of government reserves.
As Donald Trump vowed to “finish the job” and press ahead with the US-Israel war on Iran, the country’s regime stepped up retaliatory strikes on economic targets across the region.
Continue reading...Vast release of emergency crude reserves fails to quell mounting fears around energy supply crunch, rattling global markets
Oil prices again topped $100 a barrel on Thursday as widespread Iranian attacks on Middle Eastern energy facilities overshadowed a vast release of government reserves.
As Donald Trump vowed to “finish the job” and press ahead with the US-Israel war on Iran, the country’s regime stepped up retaliatory strikes on economic targets across the region.
Continue reading...Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn
The billionaire founder of Zara is to receive a company record €3.23bn (£2.8bn) dividend this year from the world’s biggest fashion retailer.
Amancio Ortega, who still controls 59% of Spain’s Inditex and whose daughter Marta Ortega Pérez is now chair, will receive half his dividend in May and half in November – as will other shareholders.
Continue reading...Business lobby groups say ‘taking the risk’ of employing less experienced workers is being avoided
British companies are struggling to afford to hire young people after a long period of rising costs that have hit profit margins and derailed recruitment plans, business leaders have said.
Rising labour costs including increases to the minimum wage and employer’s national insurance by the government have put young people at the back of the queue when employers consider recruitment, business lobby groups have told MPs.
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