Investors place bets on European consumer goods as confidence in the economy grows
Investors buy shares in European travel, luxury and retail goods, betting on a recovery of the economy to encourage…
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Microsoft hires Mustafa Suleyman, DeepMind’s co-founder, to lead its new…
Microsoft has hired Mustafa Suleyman to lead a new consumer-facing AI unit. Suleyman is the co-founder and CEO of…
Nespresso opens its first UK cafe to take advantage of the UK coffee boom
Costa Coffee, Starbucks, and Pret a Manger are the three biggest players in the British ready-to drink coffee…
Pfizer begins to reduce its stake in Haleon
Pfizer is selling a stake of its former joint venture in consumer healthcare, Haleon. The sale will be worth…
Tata Steel’s decision to close Port Talbot’s coke ovens early is…
Tata Steel announced abruptly that it would cease operation of coke ovens in its Port Talbot facility in South…
Evergrande is accused by Chinese authorities of fraud amounting to 60 billion yuan…
Evergrande has been accused by the UK of inflating their revenues fraudulently by £62bn.
Hui Ka Yan is the…
The world’s largest solar company is cutting thousands of jobs due to…
Solar panel manufacturers are set to cut their workforce by almost one-third as they struggle with an oversupply of…
Top central banker warns: Cut borrowing or you will face a debt crisis
A top central banker warned that governments must stop "relentless borrowing" or they risk plunging into a global…
Deloitte announces the biggest reorganisation since a decade in order to reduce…
Deloitte launched its biggest global overhaul in 10 years as it seeks to reduce costs and the complexity of the…
ITV reduces jobs as advertising slump continues
ITV is cutting staff as it struggles to cope with a dramatic drop in advertising revenue.
ITV terminated…
Saudi Arabian Gucci owners circle Selfridges
Saudi Arabia, Gucci and Kering-owned Gucci are said to be in a race for Selfridges after the bankruptcy of the…
Direct Line’s suitor flees to China in a scramble for money
This weekend, the boss of the Belgian insurance company that made the audacious bid for Direct Line to the tune of…
Blackrock is told to reconsider ESG by activist Bluebell
Bluebell Capital, an activist investor, has launched a new campaign to force the $10 trillion fund giant BlackRock…
Novo-Nordisk gives me a boost with a double dose of power.
Most people prefer to take a pill rather than inject themselves with medication when they are sick. This simple…
British Airways will use robots to handle baggage at Gatwick
British Airways, and its parent company will use self-driving robotic baggage carriers for the first in a UK…
BAT Chief: Moving to US is not a “no-brainer” as he defends London…
British American Tobacco's chief executive has called the idea of moving its listing from London to New York a…
Mike Lynch is on trial in the US for Silicon Valley’s “largest…
Mike Lynch, one of the UK’s most successful entrepreneurs in the tech sector, will be on trial on Monday in San…
Vladimir Putin wins Russian elections with a slam dunk
Vladimir Putin has won the Russian presidential election with a landslide, securing his reign for six more years…