Nike sneaker ad labeled ‘misleading’ for marketing $35 kids’ shoes to adults
A “misleading” online advertisement for $35 Nike sneakers has been banned in Britain for failing to make clear that the product was actually targeted at children and therefore the offer didn’t represent a true discount for adults.
Want your child to go to Eton? Get ready to pay $13,000 more each year
Private schools in Britain conjure up images of rolling lawns, pristine tennis courts, and dormitory rooms, serving as gilded hothouses of privilege. Eton College, perhaps the most famous, has educated no fewer than 20 UK prime ministers.
AI will shrink workforces within five years, say company execs
The use of artificial intelligence will reduce the number of workers at thousands of companies over the next five years, according to a global survey of C-suite executives published Friday.
Europe opens competition probes covering Chinese solar panel makers over subsidies
The European Union has launched investigations into two groups of companies that include Chinese solar panel makers in the latest salvo against what it suspects is unfair competition from China’s vast manufacturing sector.
Germany gripped by strikes; Lufthansa hurts
Germany’s biggest airline has warned that ongoing strikes by thousands of its ground staff and airport workers could hurt its earnings this quarter, after walkouts earlier this year already cost the company more than $100 million.
Move over, McDonald’s - Gregg's, king of British breakfast, meal deal costs less than $4
Forget the Egg McMuffin. Brits are going crazy for the bacon and sausage buns offered by Greggs, a 85-year-old chain of budget bakeries that just posted its best-ever performance.
Apple hit with landmark $2 billion EU antitrust fine
The European Union has fined Apple €1.84 billion ($2 billion) for breaking its competition laws.
A healthier option than the Magnificent 7 - meet Europe’s ‘Granolas’
The Magnificent 7 tech stocks have been a big part of the extraordinary US market rally. But there’s a rival group of companies powering European stocks to new heights with even better returns, by some measures.
