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Britain's 'staggering' cost of foreign nationals in UK prisons torn apart by ex-prison governor
The cost of Britain's prisons holding foreign criminals has been branded "staggering" by an ex-prison governor.Speaking to GB News, Reform UK's Prisons Advisor Vanessa Frake urged the Labour Government to "persuade countries" to take their criminals back.A GB News exclusive investigation found the annual bill for incarcerating foreign offenders has reached a total of £629,408,766.Out of the 87,342 prisoners held in British prisons across England and Wales, 10,487 are foreign nationals. TRENDING...
Coinbase to lay off 700 workers as crypto company embraces AI
MoneyWatch Coinbase to lay off 700 workers as cryptocurrency exchange embraces AI .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham May 5, 2026 / 9:51 AM EDT / CBS News Add CBS News on Google Coinbase...
Nissan issues Sunderland plant update and plans to axe 10% of Europe workforce
Nissan is to combine its two production lines at its Sunderland factory in a move that could pave the way for a Chinese rival to take over the other
EU ready for any scenario in response to Trump’s 25% tariff threat — von der Leyen
Von der Leyen recalled that the United States has not yet fulfilled all its obligations under the trade deal
Saudi Arabia Posts Biggest Deficit Since 2018 On Hormuz Closure
Saudi Arabia’s fiscal deficit widened in the first quarter to the highest level since 2018 as the closure of the Strait of Hormuz forced it to reduce oil exports and spending on projects to diversify the economy continued to rise.
Awqaf Dubai assets for minors reach AED 1.48 billion, up 17.4% in 2025 - Emirates 24|7
Awqaf Dubai assets for minors reach AED 1.48 billion, up 17.4% in 2025 Emirates 24|7
Nissan to 'slash 10% of jobs across Europe' amid fears Sunderland factory could be at risk
Nissan could slash thousands of jobs across Europe under new restructuring plans, according to fresh reports.The Financial Times has reported that Nissan will cut around 10 per cent of its workforce in Europe and combine two lines at its production site in Sunderland.The Japanese manufacturer has announced several cost-cutting measures in recent years as it struggles to adapt to a changing market, especially in the electric vehicle sector.Nissan's Sunderland facility currently employs more than...
KKR CFO Sees 'Compelling' Case for Private Credit
KKR & Co. Chief Financial Officer Rob Lewin says it is still a good time to enter the private credit space. "We still view this as a compelling asset class,” he said on "Bloomberg Surveillance." (Source: Bloomberg)
‘Challenging times’ for homebuyers – mortgage affordability tightest since 2008
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Coinbase to cut 14% jobs as AI adoption grows
Coinbase to cut jobs as AI adoption grows
Apollo’s Slok Likens AI Impact to Best Aspects of ‘China Shock’
Productivity gains from artificial intelligence will probably result in more jobs being created than are lost, similar to what occurred after China joined the World Trade Organization, according to Torsten Slok of Apollo Global Management Inc.
Drivers risk losing 'thousands of pounds' with Facebook marketplace fraud scam
Motorists have been warned to take extra caution following a dramatic surge in cloned car scams on Facebook Marketplace, which leave drivers out of pocket.The alert comes as UK used car transactions reached a record-breaking 7,807,872 in 2025, representing the highest figure ever recorded.Society of Motor Manufacturers and Traders data showed this marked a 2.1 per cent increase on 2024 figures and sits 15.6 per cent above 2020 levels.Demand for private vehicle purchases continued to climb, with...
Coinbase to lay off 14% employees, CEO says future will be built around AI
Coinbase to lay off employees CEO says future will be built around AI
How Spirit Airlines' shutdown is impacting airports across the U.S.
The country's four biggest airlines have rebooked about 94,000 Spirit customers since the airline ceased operations on Saturday, according to the Department of Transportation. The closure is leaving some airports without daily air service. Kris Van Cleave reports.
Surging gas prices due to war with Iran could impact congressional races
Vice President JD Vance is headed to Iowa, where competitive races in at least three congressional districts this fall could impact control of the House. Both parties believe the state is up for grabs because of the economy and rising prices due to the war with Iran.
How India-New Zealand FTA creates new global pathways for Indian talent
The India-New Zealand FTA highlights that the provisions on student mobility, professional pathways, working holiday visa creates an unprecedented opportunity for Indian youth and professionals to gain global exposure.
UAE signs deal to build global defence manufacturing hub in Abu Dhabi
Abu Dhabi: The UAE announced on Monday that it has taken a step towards developing a global defence manufacturing hub through a new partnership with South Korea’s LIG Defence and Aerospace (LIG D&A).Sign up for our daily business newsletter, Cheques & Balances.Tawazun Council for Defence Enablement and LIG D&A said it has signed a memorandum of understanding (MoU) to explore cooperation to build defence and security industry capabilities in the UAE.The agreement focuses on establishing a...
West Asia war: Why private airport operators urged Centre for life support
West Asia war Why private airport operators urged Centre for life support
UK long-term borrowing costs rise to 28-year high
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UAE dominates Forbes rankings with 47 top real estate leaders
Dubai: Forbes Middle East has revealed the third annual list of the region’s Most Impactful Real Estate Leaders, highlighting the developers and decision-makers transforming the region’s skylines and urban landscapes.The ranking was compiled over several months and based on multiple criteria including years of experience, the value of completed and ongoing projects, company financials such as total assets and revenues (where available), and the size of landbanks and number of units held.Get...