More than 200,000 UK workers switch to four-day week since 2019
Postal services in Europe suspend parcel shipments to US amid uncertainty over tariffs
Postal services across Europe have suspended most parcel shipments to the US, citing widespread uncertainty about the impact of new import tariffs announced by Donald Trump.France’s La Poste on Monday joined other operators, including Germany’s Deutsche Post, Spain’s Correos, Poste Italiane and the Belgian, Swedish and Danish postal services, which all halted a majority of US-bound shipments over the weekend.Austria’s Österreichische Post and the UK’s Royal Mail said they would stop accepting packages on Tuesday, to allow enough time for packages posted before then to arrive in the US before the tariffs, scheduled to come into force at the end of August, kick in.The US president last month signed an executive order abolishing from 29 August a tax exemption that allowed small packages worth less than $800 – the preferred option for many small European businesses – to enter the US duty-free.A total of 1
Evergrande: China’s property giant delisted from Hong Kong stock exchange
Evergrande, formerly one of China’s biggest property developers, has been delisted from the Hong Kong stock exchange, capping the end of a long fall from grace.The company was removed from the exchange on Monday after an 18-month freeze on trading, imposed when the developer – once valued at more than HK$400bn (US$50bn) – was put into liquidation.Liquidators had told investors earlier in August the listing was set to be cancelled and they would not seek a review, after the stock exchange warned the company it had passed the July deadline to resume trading.The company could no longer be viewed on the exchange’s website on Monday.It had been valued at a little over HK$2bn (US$260m), with 13bn issued shares worth just HK$0
Trump says Intel has agreed to give US government a 10% stake
The US government has taken an unprecedented 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, according to Donald Trump and the commerce secretary, Howard Lutnick, the latest extraordinary intervention by the White House in corporate America.Lutnick wrote on X: “BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies. Thanks to Intel CEO @LipBuTan1 for striking a deal that’s fair to Intel and fair to the American People.”Trump met with Lip-Bu Tan on Friday and posed for a photo with Lutnick. The development follows a meeting between Tan and Trump earlier this month that was sparked by the US president’s demand for the Intel chief’s resignation over his ties to Chinese firms
Elon Musk and X reach tentative settlement with laid-off Twitter staff
Elon Musk and his social media platform, X, reached a tentative settlement on Wednesday with former Twitter employees after a years-long legal battle over severance pay. Former staff had sought $500m in a proposed class action suit against the billionaire.A court filing released on Wednesday stated that both parties had reached a settlement agreement in principle and requested that a scheduled 17 September hearing in the case be postponed while they worked to finalize a deal. The filing did not disclose any details of the tentative agreement and it is unclear what level of compensation that former employees may receive.Former Twitter employees, led by Courtney McMillian and Ronald Cooper, alleged that the company failed to appropriately pay thousands of workers severance after conducting mass layoffs
Tommy Fleetwood vows to strive for more after US win ‘completes story of near misses’
Tommy Fleetwood insisted he is ready to write a fresh chapter of golfing success after ending his wait for a victory in the United States after 11 years.Fleetwood’s three-stroke win at the Tour Championship in Atlanta came in his 164th start on the PGA Tour. While determined to enjoy the moment, the 34-year-old from Southport has no plans to rest on his laurels. Fleetwood had been probed time and again about his series of near misses in the US.“The guys that win the most are in contention so much, they’re up there all the time,” Fleetwood said
Tommy Fleetwood wins Tour Championship to finally break US duck
It was not Patrick Cantlay, Russell Henley, Scottie Scheffler or any other golfer that Tommy Fleetwood had to battle with at the Tour Championship. Instead, the Englishman had to see off the burden of recent history. Fleetwood prevailed, taking his maiden PGA Tour title on his 164th start. Sometimes the good guys win. East Lake delivered one of the most heartwarming tales of the sporting year, a victory for persistence and proof that a relatable golfer can be a triumphant one
UN special rapporteur will contribute to ‘Gaza tribunal’, Jeremy Corbyn says
Deal to get ChatGPT Plus for whole of UK discussed by Open AI boss and minister
‘It has cycled back around’: Brick Lane and Bradford fear a repeat of infamous far-right clashes
Silicon Valley is full of wealthy men who think they’re victims, says Nick Clegg
‘Why here?’: inside mid-Wales village where far-right figure has created a settlement
‘If I felt Zuckerberg and Sandberg were monsters, I wouldn’t have worked at Meta’: Nick Clegg on tech bros, AI and Starmer’s half measures