Ryan Reynolds Once Called His Aviation Gin Distillery ‘Disneyland for Adults.’ Now It’s Shut Down
The brand’s parent company—London-based beverage giant Diageo—is currently facing a brutal sales slump.
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Gen Z leads UK shift to investments with £25bn in new inflows
Younger generations are driving a shift in the UK from saving to investing, according to Vanguard’s inaugural ‘British Money Mindset’ report. The study found that more than a third (37%) of Gen Z investors took their first step into investing within the past two years, contributing £25bn in new investor inflows. A third (33%) of…
Calculated Risk: Trade Deficit Decreased to $29.4 Billion in October
by Calculated Risk on 1/08/2026 08:48:00 AM The Census Bureau and the Bureau of Economic Analysis reported: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $29.4 billion in October, down $18.8 billion from $48.1 billion in September, revised. October exports were $302.0 billion,…
Is It Too Late to Buy Eli Lilly Stock? Here’s What $1,000 Invested Today Could Be Worth in 10 Years.
Obesity drugs might be the hottest growth story in healthcare right now. GLP-1 agonists and similar drugs encourage weight loss for managing obesity and treating type 2 diabetes. The viral success of Mounjaro and Zepbound has made Eli Lilly (LLY 0.97%) a home run winner. The stock’s 160% run over the past three years has…
Klarna Files for U.S. Banking License, Eyes Utah Charter | LeapRate
Klarna (NYSE: KLAR), the global digital bank and flexible payments provider, has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish Klarna Bank USA, a proposed Utah-chartered industrial bank. The Swedish fintech has operated as a licensed bank in Europe since 2017, but in the U.S. it…
Middle East’s best sukuk house 2026: HSBC
HSBC is the Middle East’s best sukuk house, recognised for its leadership across volume, innovation and execution, and its ability to deliver complex, Shariah-compliant solutions that continue to deepen and expand the region’s sukuk market. 2025 marked a record year for sukuk, with issuance exceeding $150 billion globally, driven by strong sovereign funding requirements across…
Majority still favour passing on wealth despite inheritance disputes
The majority of over-55s continue to favour passing on wealth after death, despite widespread experience of family conflict. This is according to new research from Mattioli Woods, which revealed almost three quarters (64%) have witnessed disputes among relatives or friends over inheritance. Many have also seen more serious disagreements escalate into formal legal disputes. Wales…
