Investors punish Alphabet, owner of Google, for its advertising shortfall
Alphabet disappointed its investors when holiday advertising sales fell below expectations. This overshadowed the…
Sky cuts 1,000 jobs due to the shift from pay-TV customers to internet
Sky will cut 1,000 jobs due to the shift from traditional satellite pay TV to streaming services. This is the…
PayPal will cut 2,500 jobs in an effort to re-size itself
Alex Chriss, the CEO of PayPal, said that it plans to cut 2,500 jobs or 9% from its global workforce this year.…
Stormont agreement: Sinn Fein declares that a united Ireland is ‘within…
Sinn Fein said that a united Ireland was "within touching range" as it prepared to take on the role of Northern…
Insolvencies in England and Wales to reach 30-year high by 2023
According to official statistics, corporate insolvencies in England & Wales reached their highest level in 1993…
CD&R’s Morrisons sold petrol forecourts for £2.5bn to sister company…
Wm Morrison, a private equity-owned UK supermarket chain, has reached a £2.5bn agreement to sell its petrol…
Air Astana warns before float bid
Air Astana could be worth up to 750 million pounds sterling when it goes to market. This is the Kazakhstan flag…
Germany is on the brink of recession
Germany's economy contracted by 0.1% in 2023. This means that it is almost certain to have had the worst…
Investors expect Auction Technology Group to go under the hammer
One bank announced that the company was a possible takeover target on the same day Auction Technology Group…
Microsoft AI advancements boost revenues to $62bn
Microsoft's Cloud and Windows services helped it beat Wall Street forecasts of revenue for the second quarter.…
Little room for big tax cuts, Hunt tells Tories
Jeremy Hunt warned the cabinet of the possibility that the tax cuts included in the spring budget could be less…
Britain to deploy aircraft carriers to the Red Sea
Navy ready to send HMS Queen Elizabeth and HMS Prince of Wales in the Gulf amid Houthi attack on shipping
The UK…
Apple claims UK could secretly veto global privacy tools
If the UK Home Office refused an update under the proposed changes to existing laws, then it could not be released…
EU to force cosmetic companies pay for reducing microplastic pollution
After EU negotiators reached a new agreement to treat sewage, beauty companies will be required to pay more for…
Ryanair reduces profits after removing flights from online travel agencies
Ryanair's top-end profit estimates have been lowered this year, after online travel agencies removed flights…
Channel 4 confirms that it will be selling its London headquarters as it announces…
Channel 4 will sell its London headquarters due to the expected deep cuts in staff, especially those based in…
Investor attacks BP over ‘irrational switch’ to clean energy
Oil giant accused of leaving shareholders £40bn worse off with unrealistic strategy
After an activist investor…
Food industry warns of new Brexit border regulations that will affect UK supply…
The food industry in Europe and UK has warned of a possible disruption to the supply chain as Britain implements…