Global Intelligence Briefing
Markets
Water bills set to rise for many after firms permitted extra funding
Ofwat has given provisional approval for 13 water companies to charge customers more to pay for investments.
Source →
Markets
Harvey Nichols bought by owner of Sports Direct
The department store made famous by sitcom Absolutely Fabulous had warned it would cease trading.
Source →
Markets
Flock boss admits surveillance firm took too long to act over police abuse
US police officers have quit after using licence plate-reading cameras to track romantic partners.
Source →
World
Romania shuts only nuclear plant as heat causes huge drop in Danube River level
The Cernavodă plant, which produces 20% of Romania's electricity, is not expected to be restarted within the next 10 days.
Source →
Crypto
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.
Source →