A Gloucestershire-based company, Naicker Scientific, has garnered attention after winning a £150,000 prize for a groundbreaking device designed to produce clean drinking water from icy lunar soil. This achievement comes
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An aggressive American activist hedge fund has positioned itself with a substantial £850 million bet against shares in London-listed oil group Shell. This short position, which accounts for 0.5 per
British Steel has announced the potential closure of its two blast furnaces at the Scunthorpe site, a move that could result in the loss of up to 2700 jobs. The
The ongoing struggle at Morrisons has been exacerbated by a recent cyberattack that disrupted operations and product availability. The company, the UK’s fifth-largest supermarket, is grappling with significant competition in
The housebuilder Vistry has cancelled its final dividend following a significant decline in profits. The company released a series of profit warnings over the autumn and winter, revealing it had
Shell has unveiled ambitious plans under its new chief executive Wael Sawan to bolster gas production while reducing its investment in low-carbon initiatives. During a strategy update, Sawan articulated a
Unilever’s new chief executive, Fernando Fernandez, has announced plans to expedite the sale of underperforming brands in the company’s Foods Europe division, marking a swift shift in its restructuring strategy.
The engineering consultancy John Wood Group has witnessed its shares plunge by more than 55% following revelations of severe financial difficulties and governance concerns. The company’s announcement of a potential
InPost, the UK’s leading parcel locker operator, has emerged as a potential buyer for the financially strained delivery company Yodel, signalling a significant shift in the British logistics landscape. Senior
The fate of some of the world’s most beloved ice cream brands hangs in the balance as Unilever contemplates where to list its £13 billion ice cream division. The consumer
Boeing has recorded its second-largest annual loss as the American aircraft manufacturer struggled with an escalating safety crisis and prolonged industrial action that brought 737 Max production to a standstill.
Major technology companies will be required to pay £70 million annually to support Britain’s groundbreaking internet safety legislation, set to commence in the coming weeks. The UK’s communications regulator, Ofcom,
Consumer goods giant Unilever is set to divest two historic food brands from its portfolio as part of a strategic realignment under new leadership. The company has received a binding
The London Stock Exchange is experiencing its most significant exodus of companies since the 2009 financial crisis, with mounting concerns that additional FTSE 100 enterprises will abandon the UK market
A United States judge has struck down Boeing’s guilty plea agreement linked to the fatal 737 Max crashes, citing concerns over diversity, equity and inclusion (DEI) requirements in the selection
Britain’s largest pet retailer has witnessed its shares plummet more than 13 per cent after slashing its annual profit forecast amid mounting pressure from recent budget measures and dampened consumer
