AstraZeneca purchases rare diseases group in order to boost drug pipeline
The largest pharmaceutical company in Britain has signed a deal to buy a French company that specializes in rare…
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Welsh Water ordered to compensate customers for misleading data
Welsh Water has agreed to pay its customers £40million after misleading regulators regarding its performance in…
John Lewis Partnership rejects splitting of operations
John Lewis Partnership bosses have denied that they plan to separate their struggling department stores and…
Metro Bank will end its seven-day operations and cut 1,000 jobs
Metro Bank has slashed hours and canceled the seven-day opening of its branches after losing 1,000 jobs.
As part…
BP suspends $2bn Israel contract amid Gaza War
BP has halted negotiations on a $2bn deal (£1.56bn), which would have invested in an Israeli gasfield, as warfare…
Britain restricts quantum computer exports due to fears of foreign military use
As a result of growing concerns about the potential weaponisation of this technology by foreign militaries, the…
Adidas blames US sales decline on overstocked market
Adidas has blamed an overstocked market for its warning that sales in North America will decline this year.
The…
The trade deficit is rising amid high energy import prices
Imports of energy, which are expensive, contributed to a larger trade deficit than anticipated at the beginning of…
Bank Governor: Britain is nearing full employment
The Bank of England governor acknowledged that policymakers have a difficult time with inaccurate data. He admitted…
Chief of European missile manufacturer urges UK to play a part in EU defence…
The CEO of MBDA (Europe's largest missile manufacturer) has urged EU decision-makers to ensure the UK is included…
Volkswagen is considering a partnership with a mass-market electric vehicle…
Volkswagen is looking at partnering with carmakers in order to produce electric vehicles that are cheaper. This…
Glencore’s primary listing in London is to be moved from Sydney, according…
A activist investor called on Glencore's London listing to be moved to Sydney, and to abandon plans to spin-off its…
US House passes bill banning TikTok
The US House of Representatives voted unanimously to approve a law that would prohibit app stores from selling…
Rishi Sunak tries to stop foreign state takeovers of the Telegraph
Rishi Sunak tried to stop the takeover by Abu Dhabi's RedBird IMI of the Telegraph, by changing the laws to prevent…
Exchange chief: Brexit makes investing in the UK more difficult
Brexit has made it difficult to invest in the UK according to the CEO of the New York Stock Exchange, a former…
Nord Stream Sues Insurers for €400m Over Pipeline Blasts
Nord Stream has sued insurers, including Lloyd's of London, for more than €400m (£345m ) in damages over explosions…
Morrisons reports a loss of £1bn as interest payments on debts soar
Morrisons suffered a £1bn (£1bn) loss in the last financial year due to an increase in interest payments on debts…
Superdry and Hilco discuss new loan
Superdry has been in discussions with an existing lender about a multi-million pound loan, as the fashion retailer…