The world’s biggest YouTube star, MrBeast, is planning to raise hundreds of millions of dollars in a move that would reportedly value his company at roughly $5bn (£3.9bn). The YouTuber, whose real name is Jimmy Donaldson, is said to have spoken with several wealthy individuals and financial firms about taking part in the investment round.…
Market volatility appears to be boosting demand for two types of exchange-traded funds: leveraged and inverse. And, Direxion CEO and ETF money manager Douglas Yones thinks market conditions will keep fueling demand for them. “We have a lot of securities in the market that are … up a lot over the last five or 10…
Mike Amesbury, was sentenced to 10 weeks in prison on Monday. Photograph: Adam Vaughan/EPA Mike Amesbury, was sentenced to 10 weeks in prison on Monday. Photograph: Adam Vaughan/EPA Ex-Labour MP was originally jailed for 10 weeks for assaulting a man in the street The former Labour MP Mike Amesbury has had his 10-week prison sentence…
A disgraced former church minister and banking group boss who acquired the nickname Crystal Methodist has been jailed for three years by a judge in Manchester. Paul Flowers, 74, had pleaded guilty to 18 fraud charges amounting to £100,000 after abusing his position as the executor of the will and holder of power of attorney…
Ocado is to cut hundreds jobs in its technology teams as part of the loss-making online grocery specialist’s efforts to reduce costs using artificial intelligence to help with research and engineering. The company, which employs 20,000 people, said AI had helped improve the productivity of its engineering team, enabling it to cut 500 roles across…
Voters in Canada’s most populous province head to the polls on Thursday to elect a new premier who may have to face the task of preserving Ontario’s economy in the face of punishing US trade tariffs. Doug Ford, the Progressive Conservative party leader who has been the province’s premier since 2018, called the snap election…
Signage at the Nvidia Corp. offices in Taipei, Taiwan, on Tuesday, Jan. 28, 2025. Photographer: An Rong Xu/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images U.S. chipmaker Nvidia‘s auto segment revenue more than doubled in the latest quarter to a record high on strong demand for driver-assist software. While the company’s biggest revenue…
The self-styled “misogynist influencer” Andrew Tate and his brother, Tristan, have left Romania on a private jet and are flying to the US after their travel ban was lifted, officials and local media have said. The pair – who were arrested in Romania three years ago and face trial on charges of rape, people trafficking…
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings, upgraded its mid-term guidance and declared a £1 billion ($1.27 billion) share…
Tate brothers allowed to travel, have to report to court when summoned – statement The statement from the Romanian Directorate for Investigating Organised Crime and Terrorism says that “the two defendants of dual British-American citizenship” have been allowed to travel, but have to report when summoned and any violation of this condition could lead to…
