Companies Petrofac’s shares to be suspended due to delayed annual results admin Apr 30, 2024 Petrofac is under increasing pressure after it announced that it would miss the next bond payment, and delayed its…
Companies Retail property specialist expands in France admin Apr 30, 2024 Supermarket Income Reit has made its first overseas foray after agreeing to purchase a portfolio Carrefour…
Fitnesses and wellbeing Philips can now breathe easy after settling US $1.1bn settlement admin Apr 30, 2024 Philips has settled lawsuits in the United States over night-time breathing device recalls for $1.1 billion. The…
Artificial intelligence ChatGPT is now available on FT admin Apr 30, 2024 OpenAI, a Microsoft-backed company, has signed a deal to give its ChatGPT artificially intelligent program access…
Banking Barclay Family’s Abu Dhabi supporters plot Very Auction admin Apr 30, 2024 Barclay's Gulf-based supporters are plotting to sell the Very Group, which is the last pillar in their corporate…
Business What about Saturday mail? Royal Mail may cut deliveries after union gives in admin Apr 29, 2024 First time, union leaders have agreed to accept the end of six-day letter delivery a week. This will allow Royal…
Companies Whitehall officials are concerned that the collapse of Thames Water could lead to… admin Apr 29, 2024 Whitehall officials are concerned that the financial collapse of Thames Water could lead to a spike in borrowing…
Banking General Catalyst, Silicon Valley’s tech startup fund, closes on a $6bn target admin Apr 29, 2024 General Catalyst, one of Silicon Valley's largest venture capital firms, is poised to raise almost $6bn in order to…
World ExxonMobil and Turkey are in negotiations over a multi-billion dollar LNG deal admin Apr 29, 2024 Turkey has been in negotiations with US energy giant ExxonMobil about a multi-billion dollar deal to purchase…
Media After a clash with Sharstone, Paramount is expected to fire Bob Bakish as CEO. admin Apr 29, 2024 Three people with knowledge of the situation say that Paramount is planning to fire its chief executive Bob Bakish.…
Airline Baltic Ministers warn that Russian GPS jamming could cause an air disaster admin Apr 29, 2024 Baltic Ministers warn that GPS jamming, attributed to Russia, could cause an air disaster. The interference with…
Business Elon Musk meets China’s premier while Tesla battles local rivals admin Apr 29, 2024 Elon Musk unexpectedly visited Beijing on Sunday, where he met China's second-ranking leader, Premier Li Qiang.…
Business How shoppers at supermarkets became part of the £2bn Gold Rush admin Apr 29, 2024 Grocers are following in Amazon's footsteps in their pursuit of the retail 'holy-grail' Spotify users are known…
Economy Forecasts show that Sunak’s crackdown on worklessness will not reduce the… admin Apr 29, 2024 Official forecasts indicate that Britain will continue to pay a record £30bn a year in benefits to those who don't…
EU regulations MPs demand clarity on border checks for EU food and plant products after Brexit admin Apr 26, 2024 MPs are questioning the UK's preparedness for border controls after Brexit, due to be introduced next week. They…
Tech Investors react to plans to increase AI spending by reducing Meta value by $190bn admin Apr 26, 2024 Meta shares fell 15% on Wall Street when it opened on Thursday. This wiped out $190bn from the parent company of…
Inflation World Bank warns that oil prices could reach $100 per barrel if the conflict in… admin Apr 26, 2024 The World Bank said that a serious increase in tensions in the Middle East could push the oil price to $100 (£80)…
Jobs and employment Tata Steel rejects union’s plan to save jobs, keep Port Talbot furnace… admin Apr 26, 2024 Tata Steel rejected a union plan to keep a blast-furnace open at the Port Talbot Steelworks. This ended any hope of…