Thames Water wants to avoid having to pay billions of pounds in taxpayer bailouts. It is lobbying government officials and the industry regulator Ofwat for permission to increase its bills,
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Nvidia, the US chipmaker, has a market capitalization of $2tn as it capitalizes on artificial intelligence boom. The company has already surpassed Alphabet (the owner of Google, YouTube and Amazon)
Summer holidays are just a few months away for millions of sun-starved Britons. Many Britons will be flying to sunspots in the Mediterranean on single-aisle aircraft, the workhorses that make
Anglo American’s net profit fell by 94 percent to $283 millions last year due to lower metal and diamond prices. The FTSE-100 miner suffered a disastrous year, as markets for
The administrators of the Britishvolt project, which was canceled due to financial problems, have stated that they are still trying to collect money from the Australian purchaser and are looking
Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: “This is great, I congratulate you on the
Abrdn struggles to show that everything is on track seven years after the merger of £11bn. After Stephen Bird informed a group angry money managers their bonuses wouldn’t be distributed
The Spanish parent company of one of Britain’s leading producers of reinforced Steel has put the company up for sale. Celsa Steel UK, a plant in Cardiff that supplies the
The head of Britain’s post-Brexit watchdog said that it was ready to follow Brussels and launch an investigation into Chinese firms flooding the market with electric cars. However, the government
The London-listed manufacturer of Lucky Strike cigarettes and Dunhill cigarette is looking to reduce its £15 billion shareholding in an Indian conglomerate. This has triggered a sharp rise in the
On Thursday, the decline in Digital Nine Infrastructure shares continued and the stock ended the session at the lowest price ever recorded. The data centre and wireless network infrastructure investor’s
Vodafone is still in “active discussion” about a possible deal for its struggling Italian operation, while its largest market in Germany has seen its growth slow down. The FTSE 100
The Danish company behind the weight-loss injection Wegovy, has agreed to buy three manufacturing facilities for $11 billion in order to increase production due to a surge of demand. Novo
The new generation of heavy-lift drones is expected to revolutionise war After acquiring a rapidly-growing British manufacturer, BAE Systems has developed a new generation heavy-lift military robots capable of evacuating
Strong demand for four-door SUVs priced at £300,000. Ferrari’s profits have surpassed €1bn (£850m), for the first ever , as wealthy drivers spend lavishly on luxury SUVs. The Italian automaker
The mounting losses of banks in Asia, Europe and the US have reignited concerns about the weakness in the US Commercial Property Market, which has been under pressure due to
