The Royal Mint unveiled an “innovative” factory which will recover gold from electronic scrap, allowing the manufacturer to create a sustainable source of precious metals for its luxury jewellery collection.
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Jaguar Land Rover is one of a number of luxury carmakers that have been severely affected by the flooding in Switzerland, which paralyzed a leading aluminium manufacturer. After Novelis –
Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in line with Wall Street estimates, yet its shares fell
Boeing named aerospace industry veteran Robert “Kelly” Ortberg its new President and CEO, as it fights to repair and shore up the business. The company is facing its biggest safety
Prada, the Italian luxury fashion company, defied the slowdown in the luxury sector by reporting double-digit revenue increases in the first six months of the year. This was fueled by
The Italian Financial Police seized €121mn (about $113m) from an Amazon unit in Milan after the ecommerce company was accused of tax fraud and labor malpractices within its logistics network.
Abu Dhabi’s sovereign fund has taken control of Bugaboo – a designer pushchair company – from its private equity owners. Mubadala Capital – which is headed by Manchester City owner
Evelyn Partners is one of Britain’s biggest wealth management firms. The private equity company that owns it, Evelyn Partners PLC, is looking at options to reduce its £1.5 billion investment.
Rentokil Initial, a FTSE 100 pest-control empire owned by Rentokil Initial’s former boss at BT, is being targeted for a takeover bid backed by private equity. Philip Jansen has been
Grant Thornton’s US business is in talks to buy the UK and Irish affiliates of the accounting group. This would be the largest M&A transaction in the industry to date.
Netflix’s second-quarter revenue and earnings exceeded Wall Street expectations thanks to the success of shows like Bridgerton and Baby Reindeer . The number of new subscribers was the highest in
Skin, one the UK’s biggest plastic surgery providers, with over 70 branches, collapsed. This has put hundreds of jobs in danger. Skin’s website was replaced at 5pm on the Tuesday
Elon Musk announced on Tuesday that X and SpaceX would be moving their headquarters to Texas in response to a gender identity law passed by California. This is a major
Ocado’s boss said that the company is committed to its London listing, even though it was relegated earlier this year from the FTSE 100. Tim Steiner said that he did
Morgan Stanley’s investment bankers and traders have helped to boost the company’s quarterly profits, which has offset a decline in its wealth management business. The bank’s CEO, Ted Pick, said
Thomas Jefferson said that good beer “softens tempers, cheers up the spirit, and promotes health”. This could also help solve the prison crisis in Britain. Craft brewery that employs ex-convicts
