The union leaders of two south Wales Steelworks are planning to intensify industrial action in response to the dispute over nearly 3,000 jobs that is threatening to become an important
Business52- Page
860Articles
New documents reveal that HSBC is facing steep losses due to the collapse of Barclay’s vast business empire. The British banking giant owes £143m to the Barclay Family’s delivery company,
As they rush to plug the debt black hole before the election, Britain’s councils prepare a record £1.4bn fire sale of assets and cancelled investment. The government has given 18
Shareholders of Royal Mail and the mining company Anglo American await a deadline for firm offers on Wednesday. If they are not met, two of Britain’s largest companies could be
Revolution Bars Group has asked its shareholders to support an emergency £12.5million equity raising, after rejecting the putative offer of a rival nightclub owner as “unable to be delivered”. The
The Federal Aviation Administration is preparing to receive the plan of action from US planemaker Boeing to address issues related to safety. Mike Whitaker, FAA administrator , gave Boeing 90-days
Santander UK’s chief executive is an outlier at a time when bank bosses have tightened up on the working from home. Mike Regnier, who made home-working a condition for taking
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
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
