Diageo CEO steps down after drink firm’s lacklustre performance
Posted on Wednesday July 16, 2025

Debra Crew’s tenure marked by shock profits warning, adverse global consumer trends and investor disquietDiageo, which owns the Guinness and Johnnie Walker brands, is to replace its embattled chief executive, ending her rocky tenure in charge of the British alcoholic drinks firm.In a statement to the stock market, Diageo said it had begun the hunt for a successor to Debra Crew, who the company said had stepped down “by mutual agreement”. Continue reading...

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Co-op boss admits all 6.5m members had data stolen in cyber-attack
Posted on Wednesday July 16, 2025

CEO Shirine Khoury-Haq says hackers stole contact details of all members but not financial data such as card numbers The chief executive of the Co-op has apologised to its customers after admitting that all 6.5 million of the mutual’s members had their data stolen in a recent cyber-attack.Shirine Khoury-Haq told the BBC she was “incredibly sorry” for the attack in which names and addresses and contact information was obtained by hackers. Continue reading...

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Barclays fined £42m over poor handling of financial crime risk
Posted on Wednesday July 16, 2025

FCA fines bank for failures relating to money-laundering risk linked to two businessesBusiness live – latest updatesBarclays has been fined £42m over “poor handling” of financial crime risks linked to two clients, including a gold bullion business run by James Stunt, the former son-in-law of Formula One tycoon Bernie Ecclestone.The Financial Conduct Authority (FCA) said the bulk of the penalties, about £39.3m, related to Barclays’ failure to properly screen Stunt’s business – Stunt & Co – and its relationship with Fowler Oldfield, a Bradford jeweller now infamously linked to a large money-laundering operation. Continue reading...

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WeTransfer says user content will not be used to train AI after backlash
Posted on Wednesday July 16, 2025

Firm revises new terms of service that had suggested uploaded files could be used to ‘improve machine learning models’The popular filesharing service WeTransfer has said user content will not be used to train artificial intelligence after a change in its service terms had triggered a public backlash.The company, which is regularly used by creative professionals to transfer their work online, had suggested in new terms that uploaded files could be used to “improve machine learning models”. Continue reading...

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Nothing Phone 3 review: a quirky, slick Android alternative
Posted on Wednesday July 16, 2025

Novel design and cool software proves phones can still be fun, but this one struggles to beat flagship rivalsThe Phone 3 is London-based Nothing’s latest attempt to get people to ditch Samsung or Apple phones for something a bit different, a little quirky and more fun.As the firm’s first high-end Android in several years, it has most of what you’d expect a flagship phone to have. But where it tries to set itself apart is with slick, dot-matrix-inspired software and a design on the back that includes a small, unique LED screen. Continue reading...

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Tour de France 2025: Abrahamsen wins fast and furious stage 11 as Pogacar falls in Toulouse – live
Posted on Wednesday July 16, 2025

Updates from Wednesday’s stage around ToulouseStage-by-stage guide | And you can also email AmyThere’s about 8km left of the neutralised start. On the TV coverage, reporters have been asking the riders how they spent the rest day. Both Jonas Vingegaard and Tadej Pogačar say they had haircuts. Pogačar seemed very pleased that he’d had a ride with a proper cafe stop as well.Bill has emailed in with his thoughts on today’s stage:Given the profile of the parcours, I can’t see any breakaway thrilling heroics ending well, as the day sets in for the bunch sprint.I’m genuinely pleased that Healy is in yellow, he got a proper stomp on on Monday, and seems to be in a position to keep hold of the jersey today. If he keeps his wits about him, it’s only his Toulouse. Continue reading...

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England v India: first women’s cricket ODI – live
Posted on Wednesday July 16, 2025

Updates from the series opener in SouthamptonRead today’s edition of The Spin | And mail JamesIndia review for LBW against Beaumont! This looks close. Continue reading...

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