Eligible leisure and hospitality businesses in Wales will see a 30% cut in business rates from April, a scheme funded by increased contributions from larger, non-domestic properties.
The John Lewis Partnership is contemplating a redundancy programme that could see hundreds of jobs eliminated across various services this autumn. No definitive decision has been reached, but the proposals indicate a restructuring effort impacting roles within the retail group.
SK Hynix has completed the largest ever US share offering by a foreign company, securing $26.5 billion. Trading is set to commence on the Nasdaq, a move intended to bolster the firm's global semiconductor market position.
Environmental organisation Milieudefensie has initiated legal proceedings against the Port of Rotterdam, demanding accelerated action to reduce its reliance on fossil fuel operations. The lawsuit alleges that the port's current decarbonisation plans are insufficient, despite its stated ambition to achieve climate neutrality by 2050.
