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Market news: British Chancellor of the Exchequer Reeves is expected to announce today an increase in the mileage allowance, which is a fee paid by employers to employees to reimburse them for using their private vehicles for work purposes, at 45 penc

2026-05-21

Market news: British Chancellor of the Exchequer Reeves is expected to announce today an increase in the mileage allowance, which is a fee paid by employers to employees to reimburse them for using their private vehicles for work purposes, at 45 pence per mile.

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2026-05-21

TRUMP: THE COAST GUARD HAS CAPTURED 3 IRANIAN VESSELS TOTAL

TRUMP: THE COAST GUARD HAS CAPTURED 3 IRANIAN VESSELS TOTAL
2026-05-21

The co-founders of Manus are exploring options to unwind a controversial acquisition by Meta Platforms after pressure from Beijing, including raising about $1 billion from external investors to buy back the Chinese-founded AI company, according to pe

The co-founders of Manus are exploring options to unwind a controversial acquisition by Meta Platforms after pressure from Beijing, including raising about $1 billion from external investors to buy back the Chinese-founded AI company, according to people familiar with the matter. Founders Xiao Hong, Ji Yichao and Zhang Tao are discussing financing at a valuation matching at least the roughly $2 billion Meta paid for Manus. Plans under consideration include restructuring Manus as a Chinese joint venture ahead of a potential Hong Kong IPO. Discussions remain preliminary, and challenges include separating Manus’s AI technology from Meta’s systems after integration.
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