Mining firm BHP offers $25.7bn settlement for Brazil dam disaster
BHP, a mining company, has stated that it is hoping to receive a settlement of $25.7bn, or £20bn, for the Samarco…
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Redbird IMI sells Telegraph after UK backlash
The United Arab Emirates-backed group that proposed a £600m acquisition of the Telegraph Group is walking away,…
UK plans to reduce disability benefits to lower welfare costs
UK ministers announced plans on Monday to reform the benefits received by millions of people who have long-term…
The “twisted donut” reactor could help bring nuclear fusion closer
A new reactor design may help commercialize super-fuel
A task force created by the King may have brought nuclear…
Oil traders refuse to leave Brussels and go to London due low pay
ExxonMobil oil traders in Brussels who refuse to move to London because of low pay are at risk of losing their…
Body Shop buyer pays just £3.5m for chain collapse
The Body Shop was purchased by a private equity firm for just £3.5m before the collapse of .
Aurelius is…
Potholes ‘cost UK economy £14bn’
According to new estimates, potholes in British roads cost more than £14billion a year, including repair costs,…
Shell earns $1bn per year in US oil trading according to court documents
Shell's oil trading activities in the United States generate about $1 billion per year, according to court…
Petrofac’s shares to be suspended due to delayed annual results
Petrofac is under increasing pressure after it announced that it would miss the next bond payment, and delayed its…
Retail property specialist expands in France
Supermarket Income Reit has made its first overseas foray after agreeing to purchase a portfolio Carrefour…
Philips can now breathe easy after settling US $1.1bn settlement
Philips has settled lawsuits in the United States over night-time breathing device recalls for $1.1 billion.
The…
ChatGPT is now available on FT
OpenAI, a Microsoft-backed company, has signed a deal to give its ChatGPT artificially intelligent program access…
Barclay Family’s Abu Dhabi supporters plot Very Auction
Barclay's Gulf-based supporters are plotting to sell the Very Group, which is the last pillar in their corporate…
What about Saturday mail? Royal Mail may cut deliveries after union gives in
First time, union leaders have agreed to accept the end of six-day letter delivery a week. This will allow Royal…
Whitehall officials are concerned that the collapse of Thames Water could lead to…
Whitehall officials are concerned that the financial collapse of Thames Water could lead to a spike in borrowing…
General Catalyst, Silicon Valley’s tech startup fund, closes on a $6bn target
General Catalyst, one of Silicon Valley's largest venture capital firms, is poised to raise almost $6bn in order to…
ExxonMobil and Turkey are in negotiations over a multi-billion dollar LNG deal
Turkey has been in negotiations with US energy giant ExxonMobil about a multi-billion dollar deal to purchase…
After a clash with Sharstone, Paramount is expected to fire Bob Bakish as CEO.
Three people with knowledge of the situation say that Paramount is planning to fire its chief executive Bob Bakish.…