Thursday , 18 December 2025

Recent Posts

Hertz shares bear brunt of used-car price plunge

  Bloomberg As investor panic spreads about the plunging prices of used cars in the US, one company and its high-profile top investor are enduring the biggest beating: Hertz Global Holdings Inc. and billionaire Carl Icahn. Hertz shares lost one fifth of their value last week, as a troubling reading for a used-vehicle price index was followed by warnings that …

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Web privacy furor previews coming ‘net neutrality war’

  Bloomberg The US Congress’s decision to invalidate a set of internet privacy rules from the Obama administration set off a firestorm this week. The change, which will allow service providers like AT&T Inc. and Verizon Communications Inc. to collect and sell customers’ information without their permission, prompted ad campaigns from internet freedom groups shaming lawmakers and a small wave …

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Google’s UK business reveals tax charge, jump in profits

  Bloomberg Google’s UK business is to pay 25 million pounds ($31.4 million) in UK corporation tax, according to its latest results, a year after the company was ordered to hand over 130 million pounds in back taxes to the government. The UK subsidiary of Alphabet Inc.’s Google turned a profit, before taxes, of 148.2 million pounds for the year …

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