Abu Dhabi’s Royal Sheikh Tahnoon is Among The World’s Most Influential…
As Gulf oil wealth flows to all corners of the globe -- backing mega mergers, propping up economies and upending…
Yearly Archives
2023
Abigail Disney calls for taxation of the’super-rich.’
A Disney heiress has called for a tax to be imposed on the "super rich", accusing them of causing an…
EnQuest, a North Sea oil company, is now in the red after a windfall tax
The imposition of windfall profits tax in the oil sector has resulted in a substantial loss for a British North…
Lidl opens £300m Super Warehouse in Fight against UK’s Biggest Grocers
German discounter claims new site as proof of ambitions for expansion across Britain
Lidl opened the…
Scandinavians are euphoric and terrified by the’miracle weight loss…
Mixed reactions have been received in Denmark by the sudden surge of interest in Wegovy
What happens…
In 2023, more than one out of eight UK banks will close their branches
By December 2023, more than one-third of UK bank branches will be closed. This is a dramatic drop from the…
Chinese developer Country Garden avoids default on dollar bonds
Country Garden, a Chinese property developer, paid two dollar bonds on Tuesday within the grace period. This ended…
Ontario Teachers’ Fund acquires UK wealth management firm 7IM
Ontario Teachers' Pension Plan agreed to purchase UK wealth manager Seven Investment Management as one of Canada's…
Wilko’s break-up starts with 1,300 new job losses
Wilko administrators began to dismantle the discount retailer in a fragmented process. More than 1,300 jobs were…
Arm Targets IPO Valuation of Up to $52bn
According to an updated filing made on Tuesday, Arm will price its initial public offer between $47 and $50 per…
Abrdn chief: Pension contributions must be doubled
The head of one of Britain’s largest fund managers called for a doubled minimum pension contribution from 8 percent…
RWE’s chief says Hinkley point C delays raise “big questions”…
The chief executive of Britain's largest power producer has warned that the cost overruns at Hinkley Point C and…
Billionaire Asda owners face questions on loans for private jets
Asda's billionaire owners have been asked to provide details about interest-free loans allegedly given to…
BMW Chief: EU and Britain can’t compete with China because of the…
BMW's chief has warned that a net zero ban on petrol or diesel cars could lead to the extinction of European…
China’s microchip breakthrough is a blow to Biden’s tech sanctions
China's major breakthrough in the manufacture of microchips has undermined US President Joe Biden’s efforts to…
France renews its war against vegan “ribs” and “steaks”
BMW's boss has warned that European car makers are forced to compete with Chinese firms on price as the EU moves…
Nestle sold its peanut allergy business due to insufficient demand
Nestle divested its peanut allergy business, which it had acquired three years earlier. The treatment was not taken…
Biodiversity organisation warns of $423 billion annual damage from “invasive…
In the first comprehensive assessment on "invasive alien species", a biodiversity organization warned that plants…