Business Canary Wharf offices lost £900mn in value admin Apr 26, 2024 Canary Wharf Group has lost more than £900mn in value as a result of a £553mn loan deal. The developer and…
AI Microsoft’s cloud revenue is boosted by AI admin Apr 26, 2024 Microsoft's cloud services sales surpassed analysts' expectations, as the demand for this high-profile technology…
Google Alphabet to surpass $2tn valuation after announcing first dividend admin Apr 26, 2024 Alphabet announced a 15 percent increase in revenue for its first quarter. It also announced its first ever…
Electric vehicles Electric car pivots trigger a drop in UK auto production admin Apr 26, 2024 The British car industry saw its production fall by over a quarter in the last month, as production lines were…
Automotive McLaren’s loss more than doubles to £873m due to sales decline admin Apr 26, 2024 The losses at British supercar manufacturer McLaren have more than doubled in 2023 to a record £873m due to…
Financial Perrier destroys 2 million bottles of water following a ‘fecal… admin Apr 25, 2024 Perrier has been asked by the French government to stop using one well "as an extra precaution". Perrier was…
Companies Concord wins the bidding war against Blackstone for Hipgnosis admin Apr 25, 2024 Hipgnosis Songs Fund is at the center of a bidding war after Apollo-backed US Investment Group Concord beat a rival…
Companies London’s large firms could double their valuations if they move to New York admin Apr 25, 2024 According to a recent analysis, the valuation of some of London's biggest listed companies could double if they…
Retail John Lewis releases interview questions for job candidates admin Apr 25, 2024 Many job candidates have been thrown by the nerves when an employer asks a question that they didn't expect. The…
Retail Amazon Fresh launches Jeremy Clarkson’s Farm Shop admin Apr 25, 2024 Jeremy Clarkson's Diddly Squat Farm Shop in the Cotswolds is a magnet for Jeremy Clarkson enthusiasts who line up…
Shares Reckitt shares rise on higher-than-expected Sales admin Apr 25, 2024 Reckitt-Benckiser reported better-than-expected volumes and sales, while reassurances regarding litigation…
Banking Competition for mortgages and deposits has impacted on the profits of Lloyds admin Apr 25, 2024 In the first quarter of this year, the increased costs and competition in deposits and mortgages slashed the…
Airline Let us hire foreign cabin crew, says Ryanair boss admin Apr 25, 2024 Michael O'Leary, the chief executive of Ryanair, has stated that if it cannot hire foreign air stewards then they…
Retail Pret founder returns in the face of pandemic debt admin Apr 25, 2024 Coffee chain shakes up its top team after feeling the heat of its customers Pret a Manger's new chairman has…
Fashion Burberry shares plunged, making it a target for takeover. admin Apr 25, 2024 City analysts warn that Burberry faces a takeover after it lost a fifth of its worth since the beginning of the…
Business Elon Musk’s SpaceX invested in a British engineering company that was… admin Apr 25, 2024 Elon Musk’s SpaceX agreed to purchase a 10% stake in an electronics company founded 47 years ago in the garage of a…
Banking Bank of England warns lenders about private equity risks admin Apr 24, 2024 In its most recent warning, the Bank of England found that some banks were unable to quantify the exposure they…
Retail JD Sports signs $1.1 billion deal to expand in US admin Apr 24, 2024 Retailer completes largest acquisition to date by purchasing Alabama-based chain JD Sports has reversed the…