Eli Lilly’s Weight-Loss Drug Zepbound Surpasses $1bn in Sales, Beating…
In a remarkable feat, Eli Lilly's weight-loss drug Zepbound has surpassed 1 billion in sales for the first time,…
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Paramount Global Slashes 15% of US Jobs Ahead of Skydance Merger
Paramount Global, the entertainment behemoth behind Paramount Pictures, CBS, Nickelodeon, and the UK's Channel 5,…
Drax Power Station: UK’s Largest Carbon Emitter Despite £22bn in…
The Drax power station in North Yorkshire has come under scrutiny following a report from the climate thinktank…
ONS: UK post-pandemic recovery higher than previously thought
According to updated data, which gives more weight to healthcare and energy industries, the UK economy has…
Chile’s sole steel mill closes amid surge of Chinese imports
Chile's only steel mill announced that it would close due to competition from cheap Chinese imports. This is a…
Cathay Pacific invests $13bn to ‘get to the very top of the world’
Cathay Pacific announced that it would spend $13bn in seven years to upgrade its aircraft, airport lounges, and…
Bill Ackman’s Pershing Square weighs a deal to take a property group private
Bill Ackman’s Pershing Square is considering a deal that would delist Howard Hughes Holdings for $3bn, according to…
Italy doubles foreign tax on the wealthy
Italy doubled its flat tax on foreign income for new residents. This is a blow for wealthy expats who are fleeing…
Travel and leisure companies are affected by the slowdown in US consumer spending
As concerns about the economy grow, US consumers are cutting back on their travel and leisure spending, affecting…
UK announces move to limit overseas hiring of tech and engineering workers
After asking its independent advisors on migration to examine the sectors' dependence on skilled worker visas, Sir…
September Rate Cut Dashed After Strong US Jobs Data Announced
The US markets faced a dip on Friday as robust jobs data was released, exceeding expectations and challenging…
Chevron deal clears hurdle as Hess investors back $53bn takeover
Hess's shareholders approved a $53bn acquisition by Chevron. This is a controversial deal at the center of a high…
St James’s Place is expected to be dropped from the FTSE 100
St James's Place will likely drop from the FTSE 100, after shares of the UK's biggest wealth manager dropped more…
Adam Neumann withdraws bid to purchase bankrupt WeWork
Adam Neumann, the founder of WeWork, has abandoned his bid to buy out the bankrupt shared-office space provider.…
Liquid Death, the viral brand of canned water that is killing it with Gen Z
What's the value of a name, anyway? If you ask the makers behind the viral water brand Liquid Death the answer…
Royal Mail and Anglo American shareholders prepare for final takeover offer
Shareholders of Royal Mail and the mining company Anglo American await a deadline for firm offers on Wednesday. If…
US energy company preparing to build mini-nukes on the North
The freeport of Teesside and a business-park on the outskirts Birmingham were listed as potential locations for a…
How class-action lawsuits are drowning UK plc.
Lawyers warn that businesses could be hurt by competition laws becoming a new source of income
Justin Le…