Business Asda owners use proceeds from an earlier deal to fund EG’s takeover admin Jun 5, 2023 Asda owners use the proceeds from an asset sale to fund the supermarket's contribution to the takeover of EG Group.…
Business UBS considers delaying results after Credit Suisse rescue deal admin Jun 5, 2023 UBS may delay its second-quarter earnings as long as it can, say people familiar with this matter. The bank is…
Economy Boiler manufacturers are upset about UK heat pump target admin Jun 5, 2023 In a new dispute over the speed of the transition to lower-carbon heating, boiler manufacturers are fighting back…
Biotech AstraZeneca bets on China despite geopolitics admin Jun 5, 2023 AstraZeneca’s chief executive returned to AstraZeneca from a recent visit to China exuberantly excited about the…
Retail The new success stories in Europe are based on luxury, not technology admin Jun 5, 2023 In an era of huge wealth inequality and slow economic growth, this raises difficult questions for the continent.…
Economy The new Turkish Finance Minister pledges a return to rational economic policy admin Jun 5, 2023 Mehmet Simsek announces intention to abandon unorthodox strategy which has fueled crisis Turkey’s new finance…
Oil and Gas Saudi Arabia aims to increase oil prices by cutting production of 1mn barrels per… admin Jun 5, 2023 Saudi Arabia announced that it would cut oil production to 1 million barrels per day, in an effort to boost oil…
Markets The mystery trader’s windfall on the debt ceiling sparks insider concerns admin Jun 5, 2023 A mystery trader, who was able to predict the move by the US government to approve a 300-mile pipeline of natural…
Markets London is headed for a Brexit showdown. Financial reforms will not stop it from… admin Jun 5, 2023 Xavier Rolet, former LSE chief, on what went wrong in London Former boss of London Stock Exchange…
Economy Oxford Nuclear Fusion wins funding from Washington admin Jun 3, 2023 The United States government has funded a technology company in the UK to move forward with its plan to build a…
Automotive AutoTrader is a leader in the booming used-car market admin Jun 3, 2023 AutoTrader is seeing an increase in the number of people selling their cars to make some extra money during this…
Business Boeing ready to increase production despite upcoming instability admin Jun 3, 2023 Boeing prepares itself for 18 more months of supply chain instability as it increases production. Dave Calhoun…
Property Purplebricks takes over £1 rescue from Sir Charles Dunstone admin Jun 3, 2023 Sir Charles Dunstone has been named the new owner and CEO of Purplebricks. A huge majority of Purplebricks…
Markets Investors slam Dr Martens after yet another profit warning admin Jun 3, 2023 Investors who had invested in Dr Martens were forced to leave the company after the "accident prone" bootmaker…
Retail David Potts, Morrisons boss, says that being owned by private equity is a good… admin Jun 3, 2023 Wm Morrison Supermarkets' chief executive has said that private equity ownership is good for the grocery store…
Business EQT acquires Dechra in the UK’s largest takeover ever for £4.5bn admin Jun 3, 2023 The largest takeover in Britain this year has been the agreement by a Swedish private equity firm to purchase…
Healthcare UK medical cannabis group lures patients into buying the business admin Jun 3, 2023 Isle of Man GLO is looking to sell 25% to clients and let them have a say in production. Patients in the…
Travel Orders from airlines indicate a resurgence in travel after the pandemic admin Jun 3, 2023 In the first five month of this year, airlines placed orders for more than 1,200 new aircraft. This shows the…