Scotch Whisky producers celebrate wealthy Asian drinkers for defying luxury gloom
Local whisky producers are confident that they can continue to meet the demand for luxury goods despite a general…
Signa Holdings’ €5bn of debt is backed by €250mn in collateral, according to…
The administrator of the company that is at the heart of Rene Benko’s crumbling property empire said only €250mn…
LVMH increases dividend after record sales slow down
The largest luxury group in the world, LVMH, will increase its annual dividend despite a slowdown in sales growth…
Eli Lilly to launch weight loss drug in UK ‘within a few weeks’
Mounjaro, a weight-loss drug that is available in an injectable pen in Great Britain in the near future for the…
Apple App Store boss claims that EU digital regulations will negatively impact…
Apple executive claims that new EU digital regulations are going to make it harder for users of Apple products, and…
St James’s Place scares the market
Yesterday, St James's Place shareholders were shocked by disappointing quarterly inflows as well as plans for an…
Debt-laden Haleon kisses goodbye to ChapStick
Haleon sold ChapStick for more than $500m as it sought to reduce its debts while also boosting its stock price.…
Ministers are concerned that Vodafone’s shareholder could pose a national…
In response to increased scrutiny over foreign investment in British infrastructure, the government has imposed…
After FCA investigation into commissions, UK auto lenders may face a bill of up to…
The UK financial watchdog has revealed the extent of its investigation into historical commission agreements which…
China cuts bank minimum reserves by 0.5%
China's central banks has cut the amount of cash required by banks to hold in reserve. They hope to increase the…
UK factories reduce production for the 11th consecutive month amid tensions at Red…
UK factories have reduced production and investment at the start of the new year. This is a result of escalating…
Space race to unlock mineral wealth of asteroids
The term "asteroid mining" might sound like something out of science fiction, conjuring up images of workers…
Spotify wins the App Store Controls Battle against Apple
Spotify is claiming a victory in Europe over Apple by allowing in-app purchases and promotion of its services,…
EasyJet’s losses to shrink despite Middle East loss of £40m
EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit…
The French government is pressing the UK to fill a multi-billion-pound gap in…
The French government wants the UK to plug a multi-billion-pound budget hole for nuclear power projects that are…
AstraZeneca to invest £100m in a vaccine plant near Liverpool
AstraZeneca wants up to £100m in government assistance to expand its vaccine production facility located in the…
Vertical Aerospace founder gives $50m to Vertical Aerospace to keep it airborne
Vertical Aerospace, an electric flying taxi company, received $50 million from its founder in order to stay…
EDF says Hinkley Point C may be delayed until 2031, and could cost up to £35bn.
Hinkley C , the owner of , has blamed Brexit, Covid and inflation for its announcement that it could delay and cost…