Tesla shares jump 22% after Elon Musk forecasts a sales rebound
Tesla shares posted their largest one-day increase since 2013, after the world's biggest electric vehicle…
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US approves lithium-ion project to help break China’s grip over EV minerals
As part of its strategy for breaking Chinese dominance of the supply chains of essential minerals, the US approved…
Rachel Reeves confirms UK fiscal rules will be changed to fund £20bn in annual…
Rachel Reeves confirmed that she would change the UK fiscal rules in next week's Budget. She wants to borrow more…
Premier League stadiums can be sold only by the Football Association
The government is planning to give independent regulators the power to stop Premier League teams from selling their…
Frasers Group criticises Mulberry’s management after abandoning its takeover…
Mike Ashley's Frasers Group criticised Mulberry's management after it withdrew from its attempt to acquire the…
Think-tank of Tony Blair urges the introduction of pay-per-mile road prices across…
Tony Blair's think-tank says that a pay-per mile road pricing system should be introduced now. It is also urging…
Reeves announces major fiscal rule change releasing £50bn to spend
Rachel Reeves, at the International Monetary Fund will announce a plan for changing Britain's debt regulations that…
Apple now allows children to report nudity via iMessage
Apple has introduced a new feature in Australia which will allow children who receive nude images or videos to…
Lloyds raises forecast on house prices
The UK's largest mortgage lender, which is also the country's largest bank by assets, has raised its expectations…
Reckitt boss is ‘open-minded” about reaching a settlement on baby milk…
Reckitt Benckiser's chief executive has said that the FTSE100 consumer goods group would be open to settling US…
Watches of Switzerland is urged by an activist to relocate their listing from New…
Gatemore Capital Management, an activist investor, has called on Watches of Switzerland (formerly Watches of…
Deloitte UK cuts 250 employees
Deloitte UK has laid off 250 employees, the third time in 13 months that the Big Four have made redundancies. This…
Heathrow considers dividend payment as passenger traffic reaches record levels
Heathrow is predicting a "probable return" to dividends following four years of dry spells. A summer of music,…
Boeing blames its $6bn loss on’serious performance failures’
Boeing announced a $6bn loss for the quarter and warned that it would continue bleeding cash. The new CEO Kelly…
Goldman Sachs, Apple and other companies to pay US $89mn fines for credit card…
Goldman Sachs, Apple and the US Consumer Finance Watchdog have been fined more than $89mn for "illegally…
BoE Governor: UK inflation is declining faster than expected
The Bank of England Governor said that the UK must continue to experience a decline in the price of services from…
Tesla shares rise 12% on the back of its upbeat earnings forecast and positive…
Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also…
Starbucks cancels its 2025 forecast after falling sales and earnings
Starbucks suspended its financial guidance after it released unexpected results showing a drop in revenue and sharp…