Accidents and safety RTX faces $3bn in charges from Pratt & Whitney Aero Engine Recall admin Sep 12, 2023 Hundreds of aircraft will be grounded worldwide over the next several years due to issues with Pratt & Whitney…
Companies UK welcomes 200 companies to Northern Ireland admin Sep 12, 2023 This week, UK officials will welcome 200 companies to Belfast to promote Northern Ireland as a location for…
Media Walt Disney and Charter resolve dispute over blacking out of TV programming admin Sep 12, 2023 Walt Disney and Charter Communications have agreed to resolve a dispute over fees and terms, ending a 10-day…
Energy Solar industry in Europe warns against bankruptcies due to Chinese imports admin Sep 12, 2023 Solar power manufacturers in Europe have warned that cheap Chinese imports are pushing some to the edge of…
Retail PwC confirms Wilko will close the remaining 300 Wilko stores admin Sep 12, 2023 Wilko, the collapsed discount retailer, will be gone from the high streets by early October. A rescue deal for the…
Banking Bank of England official: UK interest rates need to rise even further admin Sep 12, 2023 One of Bank of England’s hawkish policymakers said on Monday that she didn’t support pausing the interest rate…
Companies Arm closes IPO order books early due to strong demand admin Sep 12, 2023 Due to the strong demand, the banks that are underwriting Arm’s $50bn IPO will close their orders a day sooner than…
Retail Why John Lewis is having a problem with Waitrose admin Sep 11, 2023 Grocer's deteriorating performance risks undermining the Partnership's turnaround plan When Waitrose…
Economy BNP Paribas warns that ageing populations and net zero could lead to higher tax… admin Sep 11, 2023 A City bank warned that the transition towards net zero, and pressures from an ageing population could push up…
Business TRG is in ‘advanced talks’ about Frankie & Benny sale admin Sep 11, 2023 The Restaurant Group is finalising a deal to sell the Frankie and Benny's and Chiquito's restaurant chains to the…
Eurozone French bank BNP Paribas advises its clients to support Britain and avoid the… admin Sep 11, 2023 One of France's largest banks told its clients to withdraw their money from the Eurozone and send it back to…
Energy SSE, the UK’s largest developer of wind farms, rules out onshore turbines admin Sep 11, 2023 SSE boss says too few protests and not enough space are the reasons for its decision The UK's biggest…
Climate BlackRock and Glencore part ways over environmental policy admin Sep 11, 2023 BlackRock and MFS Investment Management voted both against Glencore’s climate plan during the Swiss miner’s annual…
Banking Bankers claim that SoftBank’s $50bn Arm offering was more than five-times… admin Sep 11, 2023 SoftBank's $50bn flotation of Arm is more than five times oversubscribed, according to bankers pitching investors…
Shipping Legal action in the shipping industry increases as Ukraine war fuels… admin Sep 11, 2023 Lawyers say that legal disputes between shipowners, their customers and other parties have reached a record high in…
Business Beko’s owner warns of the risk of China dumping products as domestic demand… admin Sep 11, 2023 China's slowing economic growth is "very concerning", according to the head of Europe's largest home appliance…
Trading Sunak and Modi boost UK-India trade negotiations admin Sep 11, 2023 Rishi Sunak, Narendra Modi and other officials have given a boost to the UK-Indian trade negotiations by…
Economy Why Huawei’s latest smartphone has caused panic in Washington admin Sep 8, 2023 Beijing mocks US sanctions by advancing chip technology She was firm when Beijing officials begged her…