Tata Steel told its workers that it may have to close down the steel plant at Port Talbot earlier than expected due to a strike. The company planned to close
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Analysts suggest that other bidders may come forward soon. Shares of the UK food delivery service Deliveroo rose after reports that US rival Doordash had held takeover discussions with the
Online electrical goods retailer AO World enjoyed a near tripling of profits, thanks to the booming sales of tumble dryers during the rainy winter and TVs for Euro 2024. The
ExxonMobil executives work in a six-storey office building in the capital of Guyana, Georgetown. They are figuring out how to expand what is one of the world’s largest offshore oil
Nvidia’s market value has dropped by more than $500bn since it briefly became the most valuable company in the world last week. Shares fell nearly 7 per cent Monday. Nvidia’s
Mike Ashley’s Frasers bought luxury goods sites from THG. The deal also includes selling the protein powder of the online health, beauty and wellness retailer in Sports Direct stores. THG
Tate & Lyle believes that a backlash towards ultra-processed foods will present a “big chance” for it to make its largest acquisition ever of an ingredients company. The deal, it
Three people familiar with the plans say that UK fintech Revolut aims to sell shares at a valuation of more than $40 billion, which would cement it as Europe’s top
Mark Zuckerberg, his wife Priscilla and their children have invested in a British company that is developing a screenless audio player for kids. The product has been a huge success
Carlos Slim, a Mexican billionaire, has acquired a 3% stake in BT. This comes after Allison Kirkby, the new chief executive of BT’s UK division revealed her plans for turning
A British biotech company that produced thousands Covid-19 tests for the pandemic agreed to pay £5m in settlement of claims that they were defective. Novacyt announced that it had reached
Good times can only last as long as the customers continue to pay higher prices Lord Thomson, a Canadian media magnate who was a post-war media mogul and owned The
A new Italian energy company is planning to build 20 mini-reactors in the UK to capitalize on the expansion of nuclear power in the country. Newcleo aims to build up
Since the introduction of the 20mph speed limit in Wales last September, vehicle damage claims have decreased by 20% for one leading auto insurer. Wales was the first country in
St James’s Place will likely drop from the FTSE 100, after shares of the UK’s biggest wealth manager dropped more than 55% over the last year. In its quarterly report,
Adam Neumann, the founder of WeWork, has abandoned his bid to buy out the bankrupt shared-office space provider. Neumann, the man who had been fired from WeWork in 2019 after
