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Tag: Business

Ted Baker to close remaining UK stores, impacting 500 jobs

Fashion retailer Ted Baker announces the closure of its last 31 UK stores this week, following financial difficulties and a recent administration.

UK regulator probes Amazon’s £3bn AI investment in anthropic over competition concerns

The competition and markets authority investigates whether Amazon’s substantial investment in AI startup anthropic could stifle competition in the UK market

OpenAI faces $5bn deficit amidst AI boom, Google enhances productivity with new tools

OpenaAI struggles with significant financial losses as it invests heavily in chatbots

Hollywood icon Paramount Global merges with Skydance media in $28bn deal

Paramount’s merger with Skydance Media marks the end of an era for the Redstone family, aiming to ensure continued success in the evolving entertainment industry

Shein moves towards London Stock Exchange listing amid controversy

The Chinese fast fashion giant files initial paperwork with UK regulators, sparking debates over ethics and economics
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