In the beginning of this new year, investors in Rolls-Royce who have not had much to cheer about in the past are now in a good mood. The Stoxx 600,
Business48- Page
782Articles
Royal Mail plans to introduce parcel lockers, which will enable people to collect their online orders from anywhere in the UK. The company is racing to keep up with competitors
Few bosses, even in the age of executive salaries that are astronomical, would turn down an additional €100m. Fewer billionaires are often seen carrying cardboard props in the small elevator
As borrowing costs increase and governments remove pandemic-era support measures for businesses worth trillions, corporate bankruptcies in advanced economies are rising at double-digit rate. Following a decade of decline the
BlackRock was sued on Monday by the US state Tennessee. The lawsuit accused the $9.1 trillion New York-based asset management firm of violating consumer laws by ignoring environmental, social, and
Lloyd’s of London and its landlord Ping An have agreed to remain at their One Lime St headquarters until 2035 at least, as a sign of commitment to the in-person
Campari will buy Courvoisier Cognac, a US-Japanese spirit group Beam Suntory. The deal is valued at $1.32bn. Global sales of this drink are stuttering. The deal will be the largest
The French media conglomerate Vivendi has proposed splitting into three separate businesses, which would be listed separately. This would be a major revamp led by Vincent Bollore. The Paris-based firm
The head of a British business lobby group warned that a lack of workers had contributed to ‘anti-growth situations’ in the UK. Shevaun haviland, the director-general of British Chambers of
The UK small business group has asked the country’s main financial regulator to help stop “unfair” banking practices that are making entrepreneurs risk their homes unnecessarily. The Federation of Small
Somerset Capital Management is closing after large redemptions from clients made it unsustainable. This move represents a dramatic turnaround in fortunes for Somerset. A specialist in investing in emerging markets
Ofwat questioned Thames Water about how it could justify paying a dividend of £37.5 million to its parent company without breaking rules meant to safeguard consumers and the environment. The
Vail Resorts agreed to purchase the Crans-Montana resort in the Swiss Alps for SFr118.5mn (US$136mn). This deal will give Colorado-based Vail Resorts ownership of a legendary European holiday destination. Crans-Montana,
A new UK government report found that management consultants and City of London financial workers were among the most affected by workplace changes brought about by artificial intelligence. The report
Barclays is considering dropping many investment bank clients to increase profits and reduce costs by £1bn. Barclays’ executives met more than once this year to discuss the restructuring. The codename
Rishi Sunak has denied that his economic plans will lead to a new round of UK austerity. However, the official fiscal watchdog has warned that his tax-cutting strategies assume a
