Banknota LLC’s profit margins were surpassed only by the state energy giants Rosneft and Gazprom. But the figures still far exceeded those of major businesses like Lukoil, Sberbank and Wildberries. themoscowtimes.com/2024/08/27/mys…

Although not as negative as the last government's final approval ratings, only 23% of Britons approve of the government, with half of Britons already disapproving Approve: 23% (+8, vs 1 July) Disapprove: 51% (-20) yougov.co.uk/politics/artic…

“The number of loss-making industrial firms in China is now at 180,000, which is at least three times as high as in any point in the last 25 years,” Think about that. That’s nearly 40% of industrial firms acc to Chinese Stats Yearbook 1/2 euractiv.com/section/econom…

Mark Zuckerberg’s muted “regret” for wrongly censoring journalism during an election - and thousands of people’s lawful speech during the pandemic - is not quite the breakthrough people think it is… ✍️ I’ve written about it for the Telegraph today telegraph.co.uk/news/2024/08/2…

Two top editors of a pro-democracy Hong Kong news outlet were found guilty of sedition charges, the first convictions under the colonial-era law against the media in decades on.wsj.com/4cHQolP on.wsj.com/4cHQolP

🙄The issues identified in the below Anne Applebaum piece are very really but hanging the whole piece around Trump is pure political opportunism when everybody knows all sides are just as culpable - including the Davos jet set. In fact, the whole fuss about the seizure of

My X feed seems to have got much more one sided in the last 48 hours, lacking any original ideas or content. In a bid to locate people I don’t necessarily always agree with but who I respect regardless because they carry themselves well, I decided to take a BlueSky plunge.

💰 Private schools tax raid could cost taxpayers £1.8bn, study reveals. Parents who are forced out of sector are likely to work less or even quit jobs, according to think tank research Read the full results at the link below 👇 telegraph.co.uk/news/2024/08/3…

I feel this overlooks the real lesson from the space race which is that getting to the moon was ultimately economically unsustainable on a repeat basis. politico.eu/article/britai…

Scoop: China is threatening severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms. One potential target: Toyota and other automakers. From Jenny Leonard Mackenzie Hawkins Takashi Mochizuki bloomberg.com/news/articles/…

I will never get used to the annual leave thing. Holiday. You're on holiday.

Oasis prompts dynamic pricing probe! politico.eu/article/oasis-…

VOLKSWAGEN CONSIDERING CLOSING FACTORIES IN GERMANY

Next shoe to drop: #Volkswagen is considering unprecedented factory closures in Germany in a bid for deeper cutbacks in another blow to Chancellor Olaf Scholz’s govt. Any shutdowns would mark the 1st closures in Germany during the company’s 87y history, setting VW up for a clash

NEW: Tfl says under “ongoing cyber security incident”. Some internal systems have been shut down. “Currently no evidence any customer data has been compromised…. No impact to Tfl services.”

Lebanon's former central bank governor Riad Salameh has been arrested according to Reuters reuters.com/world/middle-e…

👀👀 theguardian.com/commentisfree/…

Politico’s ? has the latest on the status of Libya’s nearly ousted central banker Sadiq Al-Kabi from the man himself. Great detail about how the takeover attempt failed because militias were only able to gain control over the central bank’s operational systems and

How have I never heard of Poundbury before!? Who knew King Charles’ secret fight against ugliness would leave such an amazing footprint. Amazing story. youtu.be/duHy_IbJvTc?si…