Unilever is keeping its Russian ice-cream business, despite plans to sell its frozen dessert brands. Magnum and Ben & Jerry’s owner, Unilever, is considering a possible sale or IPO for
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The owner of Royal Mail backed an offer of £3.5bn from a Czech millionaire for the postal service after he sweetened his takeover plan, creating a headache for the Government.
British digger manufacturer JCB, owned and controlled by billionaire Bamford Family, continued to manufacture and supply equipment for Russia’s market even after claiming it had stopped all exports due to
China may buy millions of unsold homes as part of an ambitious plan to address its current property crisis. Beijing has reportedly been consulting with officials from local governments on
US semiconductor giant Intel entered exclusive discussions with Apollo Global for the financing of an $11bn chipmaking facility in Ireland. Large corporations are increasingly turning to private capital groups to
BT said that it uses artificial intelligence more to detect and neutralise cyber threats targeting businesses. The £10.5bn Group aims to grow its business by protecting customers against online criminals.
The FTSE 100 mining company rejected a sweetened £34 billion bid from BHP to acquire its Anglo American rival as “highly inattractive”. BHP revealed that it submitted a revised proposal
Alibaba is leveraging its cloud computing infrastructure in order to become the leading investor for China’s artificial intelligence start ups. It offers them credits that they can use to access
Grant Thornton expects to earn £46mn from the administration of Greensill Capital. This is one of the costliest insolvency processes undertaken in the UK. According to a report filed with
Uber’s Chinese competitor is now laying the foundations for entry into the UK. This comes three years after was forced to stop plans to launch services in British cities. Didi
Land Securities, the largest commercial real estate owner in the country, sold the last of its hotels to an investor from the United States. Ares Management, based in Los Angeles,
High Speed 2 bosses, who will supervise its construction, are set to receive two massive drills before £1bn in vital funding is secured. The Government is yet to approve the
Heineken invests £39 million in the UK to upgrade and reopen more than 600 pubs that have been closed for a long time. Refurbishments will be carried out in approximately
TV Narendran, who is a first-time grandparent, has been able to soften her personality. The CEO of Tata Steel – one of India’s leading businessmen – smiled when he revealed
First time, union leaders have agreed to accept the end of six-day letter delivery a week. This will allow Royal Mail to make historic postal service cuts. Royal Mail has
Elon Musk unexpectedly visited Beijing on Sunday, where he met China’s second-ranking leader, Premier Li Qiang. Tesla is struggling with falling sales and data security issues in the world’s largest
