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JCB and MUFG Bank form strategic alliance in ASEAN region

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Major housing site could be marketed for business use

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Land was earmarked for 1,200 homes but could instead see mixed-use development

The site on Stonebridge Lane, Stonebridge Cross, Croxteth, Liverpool, where a new Amazon warehouse could be built

The site on Stonebridge Lane, Stonebridge Cross, Croxteth

A huge area of land off the East Lancashire Road once earmarked for 1,000 new homes could now find itself offering around a fifth of those properties in a new employment-led scheme. Since 2014, Liverpool Council has owned Stonebridge Cross in Croxteth after acquiring it from Homes England.

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In March 2021, plans were agreed to move a development plan forward with a view to building 1,200 homes on the site. A year later there were hopes an outline planning application could be submitted.

Now, four years on, the city council is preparing to take the site to market for a mixed-use development, with just 220 homes. It is thought this would take the form of a 70-30 split towards employment uses.

The 55-acre site is located on the East Lancashire Road (A580), one of the main thoroughfares into Liverpool. It was also one of two sites considered by Everton Football Club for its new stadium before settling on Bramley Moore Dock.

There had been hopes back in 2020 that work on the site to deliver new homes could have started within 12 to 18 months. Cabinet documents describe the site as “one of the city’s largest remaining development opportunities and is well placed to support new employment space, housing and wider regeneration benefits.”

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Regarding the shift from a major housing development towards employment use, officials said the evidence base had changed since an assessment five years ago. In the report, which will go before councillors for a decision next Tuesday, it was said market testing and employment land evidence indicate “strong demand” for employment floorspace.

It added how an employment-led scheme would “allow the majority of the site to support modern employment development while enabling a residential element, indicatively around 220 homes, where this supports a comprehensive and well-designed scheme.” The site’s location, with access to the port, city centre and motorway network, makes it suitable for modern industrial, logistics and manufacturing uses.

The documents said: “The housing should provide an appropriate mix of tenures and property types, supporting both the diversification of the local housing market as well as delivering a substantial element of social and affordable housing to relieve affordability challenges in the city.”

The move away from a sole housing scheme is described as “more realistic and deliverable than seeking a single specialist use and gives the council the best opportunity to attract credible occupiers and deliver jobs for the local area.” Subject to cabinet approval, a specialist marketing agent will be appointed to promote the site and secure developer interest.

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The council’s preferred approach is for an overall comprehensive approach to the site, however, it may accept bids from a singular offer based on the 70/30 split towards employment and housing.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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Palm Valley Capital Fund Q2 2026 Portfolio Activity

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Why I Still Don't Use A 60-40 Amid 5% Treasury Bond Yield

Palm Valley Capital Fund Q2 2026 Portfolio Activity

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Ubisoft: Buying The Crown Jewels Below Zero

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Ubisoft: Buying The Crown Jewels Below Zero

Ubisoft: Buying The Crown Jewels Below Zero

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Online marketplaces still selling dozens of unsafe baby products, Which? finds

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An overhead shot of a sleeping baby wearing a green onesie lying on a bedsheet with cars and trucks.

Potentially dangerous baby products – including self-feeding devices, pillows and sleeping bags – are still being sold on online marketplaces in the UK, according to Which?.

The consumer group found 150 such products listed for sale by third parties on sites like Amazon, eBay and TikTok – despite having been subject to official safety warnings and product recalls.

Sue Davies, the head of consumer protection policy at Which?, said the investigation had shown “how easy it is to find these unsafe products” and urged the government to make marketplaces liable for the safety of items sold on their sites.

Most of the companies concerned said they have removed some of the products Which? had flagged.

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The investigation looked at three types of products – sleeping bags, self-feeders and sleep pillows – that have been the subject of warnings from the Office for Product Safety and Standards (OPSS).

It found unsafe products were listed on eight online marketplaces – Alibaba, AliExpress, Amazon, eBay, Etsy, TikTok, OnBuy and Wish.

Of the 150 unsafe products it found, more than a third were designed to feed a baby from a bottle with little or no assistance despite an “obvious” risk of choking, Which? said.

Thirty-three involved a long straw design and 21 were pillow bottle-holders designed to fasten around a baby’s neck.

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These bottle-feeders were available on several platforms despite an OPSS alert from 2022 calling on businesses to remove such products.

The probe also found 59 sleeping bags with hoods or without armholes and 37 sleep pillows marketed for newborns, despite concerns about suffocation and overheating, as well as NHS safe sleep guidance.

OPSS also issued an alert for baby sleep pillows – some of which have been marketed with claims of improving night-time sleep – in December 2025.

Davies said: “The lives of babies are at risk because these platforms won’t stop dangerous products from reaching their customers – even though they are well aware that these products can be deadly.”

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She added that the government “must urgently use the new powers it has under the Product Regulation and Metrology Act” to “impose a clear legal duty on online marketplaces for ensuring the safety of products sold through their third-party sellers, with tough enforcement for those that fall short”.

When shopping for baby products, Which? advises parents not to buy any self-feeding aid, and that babies under the age of one do not need a pillow to sleep at night.

It also says never to buy a baby sleeping bag with a hood or without armholes, or one with excess material or attachments, and to make sure to buy the right size sleeping bag.

The safest place for a baby to sleep is on a firm, flat mattress on their back in a clear cot with no toys inside, according to the baby sleep safety charity the Lullaby Trust.

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Seven of the online marketplaces issued statements in response to the findings.

An Amazon spokesperson said it had removed the products highlighted by Which?, adding that it continuously monitored products being put on sale on its site and took swift action when alerted to potential issues.

“Parents trust Amazon because we take customers’ safety incredibly seriously, particularly when it comes to babies and infants,” they said.

Alibaba said it had removed any “non-compliant products” and that it would “continue to educate sellers, and take action against those who violate our terms of use”.

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AliExpress said it “takes customer safety and product compliance extremely seriously”, that the relevant products had been removed from the UK market and that it will be making “necessary enhancements to our existing control measures” to ensure these products did not reappear.

EBay said it uses “technology, AI and expert teams” to keep unsafe items off its platform, that it had removed some of the items flagged and was carrying out wider checks to remove similar items.

An Etsy spokesperson said it had removed all the listings flagged by Which?, adding: “Keeping our users safe is paramount.”

TikTok said the products flagged by the investigation have been removed and that it had notified customers.

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OnBuy said all relevant products had been removed and that it had been working closely with OPSS to ensure that unsafe and non-compliant products were removed from its marketplace as quickly as possible.

The BBC has contacted Wish and the Department for Business and Trade for comment.

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Judge lets United window seat lawsuit move forward

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Judge lets United window seat lawsuit move forward

A federal judge on Monday refused to dismiss a proposed class-action lawsuit accusing United Airlines of charging passengers extra for “window seats” that lacked actual windows, allowing the case to move forward.

U.S. District Judge James Donato ruled the plaintiffs plausibly alleged United breached its contractual obligations by selling seats identified as window seats even though some were positioned next to solid cabin walls rather than windows.

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“These terms plausibly establish that United expressly agreed to provide a seat with a window to passengers who paid for one,” Donato wrote, adding that United’s reservation screens and boarding passes represented that customers had purchased window seats. “No more is needed at this stage for the breach claims to go forward.”

UNITED FLIGHT RETURNS MIDAIR AFTER BLUETOOTH DEVICE NAME REPORTEDLY SPARKS SECURITY SCARE

United Airlines A321neo

The lawsuit alleges United knowingly charged passengers extra for certain window seats on aircraft even though some seats lacked adjacent windows because of aircraft design. (Boeing)

The lawsuit alleges United knowingly charged passengers extra for certain window seats on aircraft, including Boeing 737s, Boeing 757s and Airbus A321s, even though some seats lacked adjacent windows because of aircraft design. Plaintiffs claim passengers often pay premiums for window seats to enjoy the view or help alleviate anxiety, claustrophobia or motion sickness.

UNITED AIRLINES DROPS MERGER PURSUIT WITH AMERICAN, CEO KIRBY DETAILS WHY

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United Airlines passengers at Newark in August 2025

United argued the lawsuit should be dismissed. (Ryan Murphy/Reuters)

United argued the lawsuit should be dismissed, saying “window seat” describes a seat’s location relative to the aisle rather than guaranteeing an actual window and contending federal law preempts the claims. Donato rejected those arguments at this stage of the litigation.

United declined to comment on the lawsuit.

“As part of our regular review of united.com and the United App to enhance the customer experience, in 2025 we added more detail to our seat selection process, so customers can have more information about what to expect when they choose a seat,” a United spokesperson told FOX Business.

Ticker Security Last Change Change %
UAL UNITED AIRLINES HOLDINGS INC. 121.94 -6.38 -4.97%

UNITED AIRLINES RAISING TICKET PRICES UP TO 20% AS FUEL COSTS SURGE AMID IRAN WAR

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The plaintiffs seek to represent a nationwide class of passengers who paid extra for window seats but allegedly received seats without windows. The case will now move forward in federal court.

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Used EVs keep getting more expensive amid Iran war, high gas prices

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Used EVs keep getting more expensive amid Iran war, high gas prices

Tesla EVs recharge at a Tesla Supercharger station on July 2, 2026, in South Pasadena, California.

Mario Tama | Getty Images

DETROIT – The Iran war and high U.S. gas prices are causing a surge in demand for used all-electric vehicles, which is making the pre-owned vehicles more expensive, according to Cox Automotive.

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The company on Wednesday reported that its Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% last month compared with June 2025. That compares with a 1.7% increase for non-EVs over the same period.

Wholesale EV prices have increased every month this year, leading to an 11.5% jump in average pricing to roughly $30,400, according to Manheim. Non-EVs, meanwhile, have seen a less than 1% increase this year in average pricing, to $19,125, Manheim said.

The average used EV listing price as of May at $37,083, according to Cox’s Kelley Blue Book. Retail prices for consumers traditionally follow changes in wholesale prices.

“EVs continue to show strong performance, while prices for SUVs and Pickups falter compared to this time last year,” Manheim said in a release.

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Cox reports used EV sales to consumers reached 42,923 units in May, up 5.5% month over month and 24.7% year over year, with used EV market share holding at 2.8%. Tesla models are estimated to have led with 15,353 units sold, followed by sales of Hyundai, Chevrolet, Ford and BMW all-electric vehicles.

UBS’ Evan Brown: We wouldn't rule out rate hikes regardless of what happens with oil prices

Jonathan Gregory, senior director of Cox Automotive, said gas prices are expected to continue to determine whether vehicle costs will rise amid an expected influx of off-lease EVs coming later this year.

A growing number of used EVs are expected to the market through the end of the year after automakers bumped up their sales of all-electric vehicles with leasing offers three years ago.

“The risk we’re watching for the second half is that steep ramp in off-lease supply, EVs especially, which could pressure specific segments even as the headline holds firm. Gas is the swing factor: If pump prices keep falling, some of that EV demand could fade as availability increases,” Gregory said.

AAA reports the national average for gas prices is up roughly 21% compared to a year ago, to a national average of $3.80 a gallon. Those prices have come down from recent highs, but escalating combat in Iran caused oil prices to jump Wednesday.

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The increased demand and rise in used EV prices are contrary to those of new all-electric vehicles. Many automakers reported that they saw sharp sales declines for new EVs during the second quarter.

Aside from automakers pulling back billions of dollars for new EVs, the year-over-year comparison is difficult. EV demand began to spike last year during the second quarter ahead of expectations that the Trump administration would end up to $7,500 in incentives for consumers to purchase an EV.

The incentives ended in September, and EV sales spiked to roughly 10% of all vehicles sold that month before plummeting later in the year.

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Dollar Benefits as Investors Seek Safe Havens

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Stocks Little Changed After Fed Decision

The dollar is gaining from broader risk aversion after the U.S. and Iran resumed attacks and President Trump announced that the ceasefire deal is over, eToro’s Lale Akoner says.

“The dollar is benefiting from a more cautious tone across markets,” she says.

However, the latest moves so far don’t represent a significant shift in sentiment.

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Bakeful snacks portfolio increases at Target

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Bakeful snacks portfolio increases at Target

Mini donuts, mini muffins and mini brownies come in more flavors.

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10 Key Facts About the Disappearance of K2 Airways Boeing 737 Freighter Over the Arabian Sea

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Pakistan Expands Search for Missing K2 Airways Cargo Plane With
Pakistan Expands Search for Missing K2 Airways Cargo Plane With
Pakistan Expands Search for Missing K2 Airways Cargo Plane With Five Crew Aboard as Seas Hamper Efforts

KARACHI, Pakistan — A Pakistan-registered Boeing 737-400 cargo plane operated by K2 Airways vanished over the Arabian Sea on Tuesday night while en route from Sharjah, United Arab Emirates, to Karachi, prompting an extensive search and rescue operation involving multiple agencies. The aircraft, carrying five crew members and no passengers, lost contact after reporting a navigation system issue, with preliminary tracking data showing erratic altitude changes before a steep descent.

Here are 10 essential details about the incident based on available information from authorities and flight tracking services:

  1. Flight Details and Route: The aircraft, registration AP-BOI, was operating flight KTA1732 as a cargo service from Sharjah International Airport to Jinnah International Airport in Karachi. It departed on the evening of July 7 and was approximately 155 nautical miles west of Karachi when contact was lost.
  2. Crew Composition: Five Pakistani crew members were aboard: Captain Muhammad Rizwan Idris, First Officer Faisal Jatui (or Faisal Mehmood in some reports), Flight Engineers Muhammad Hamid and Muhammad Arif Siddiqui, and Loadmaster Muhammad Taufiq Khan. No passengers were on the flight.
  3. Navigation System Report: The crew reported a navigational system issue to Karachi Area Control Centre at approximately 21:18 Pakistan Standard Time. Controllers provided heading guidance, but contact was lost shortly afterward.
  4. Erratic Flight Path: Preliminary data from Flightradar24 showed chaotic final moments. The plane descended rapidly at around 5,600 feet per minute, then climbed about 7,200 feet before a catastrophic dive from cruising altitude. The last recorded position was around 1,100 feet with a descent rate exceeding 22,000 feet per minute.
  5. Aircraft Background: The 27-year-old Boeing 737-400 was originally delivered as a passenger jet in 1999 and converted to a freighter. It was the sole aircraft in K2 Airways’ fleet, which began operations in 2024. The plane had not flown since late June prior to the incident.
  6. Search and Rescue Efforts: Pakistan’s Rescue Coordination Centre activated immediately, with the Navy diverting a frigate, the Air Force deploying aircraft, and other vessels joining the operation. No wreckage, emergency locator signals or survivors have been confirmed as of the latest updates.
  7. Location Context: The disappearance occurred over the Arabian Sea near Ormara in Balochistan province. The area is part of a busy aviation corridor, and conditions at the time are under investigation.
  8. Operator Response: K2 Airways expressed concern for its colleagues and stated that search efforts are ongoing. The airline has a limited fleet, making this incident particularly significant for the small carrier.
  9. Regulatory and Safety Questions: The incident has drawn attention to Pakistan’s aviation oversight, with previous concerns noted about maintenance and operational standards for smaller carriers. Boeing has not immediately commented.
  10. Broader Implications: If confirmed as a crash, this would be Pakistan’s first fatal aviation incident since 2020. The event highlights risks in cargo operations and the challenges of search and rescue over open water, with investigations expected to focus on mechanical issues, weather or human factors.

Pakistani authorities, including the Civil Aviation Authority and military branches, continue coordinated efforts to locate the aircraft. International assistance may be requested as the search expands. Aviation experts caution that early data is preliminary and full analysis will require recovered flight recorders if the plane is found.

The disappearance of the K2 Airways flight adds to a list of recent aviation incidents globally, renewing focus on safety protocols for older converted freighters and navigation reliability in busy corridors. Families of the crew await updates as operations proceed around the clock.

Officials have urged the public to avoid speculation while search teams work diligently. The Pakistan Airports Authority and related agencies are providing regular briefings as more information becomes available. This developing story underscores the inherent risks of air travel over remote maritime regions and the critical importance of robust emergency response systems.

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PepsiCo unveils whole grain oat-based shake

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PepsiCo unveils whole grain oat-based shake

The shakes are available in two flavors.

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