UK corporate profitability remains stable despite ‘greedflation’…
Official data shows that the profitability of UK non-financial private companies has remained unchanged in the…
Global investors dump Chinese securities as state support hopes fade
Foreign investors are selling Chinese bonds and stocks after Beijing failed to deliver on its promises of…
Shares of Adyen, a payments group, plunged almost 40% following disappointing…
Adyen's shares fell almost 40% on Thursday, after a hiring frenzy and the competition from rivals in the US such as…
Jonathan Van-Tam joins Moderna as a senior executive
Sir Jonathan Van-Tam has been appointed senior medical advisor at Covid, a vaccine manufacturer.
According to…
China Evergrande Group Files Chapter 15 Bankruptcy in New York
China Evergrande Group, the real estate giant whose default two years ago accelerated a broader property debt…
UK invests overseas to fight antimicrobial resistance
The UK has invested £210mn to track superbugs in Asia and Africa in order to combat antimicrobial resistance in…
Ukraine rejects Russian threats as container ship departs Odesa
On Wednesday, a container ship departed Odesa for Istanbul. This was the first vessel to depart Ukraine's ports…
Coinbase receives approval to offer crypto-futures to US retail investors
Coinbase is now able to offer retail customers crypto futures in the US. This approval comes as the cryptocurrency…
Jamie Oliver steers clear of the challenging mid-market market in London
Jamie Oliver is avoiding the UK casual dining sector due to "huge pressures" placed on mid-market restaurant…
First time pig kidneys are used to provide human with ‘life-sustaining…
The surgeons who performed the successful transplant have reported that genetically modified pigs kidneys for the…
Daniel Och criticizes the sale of Sculptor hedge funds to Rithm
Daniel Och is the founder and largest shareholder of Sculptor Capital Management. He has spoken out against Rithm…
Argentina’s Milei plans to balance its budget in a few months, says a…
Javier Milei, the libertarian economist leading Argentina's presidential race, would slash government spending to…
EY rejects TPG’s plan to split up Big Four firms
EY rejected the proposal of US private equity group TPG that would have broken up the Big Four and taken a stake in…
Vladimir Putin to meet on currency control after the rouble’s fall
Two people with knowledge of the situation said that President Vladimir Putin would discuss the need to tighten…
UK inflation falls to 6.8% in July due to lower energy prices
Gas and electricity prices fell sharply in the UK in July, but price pressures at the base did not fall as…
Elon Musk of Essex moves Royal Mail electric truck maker to US
After running into financial problems, Royal Mail's supplier of electric lorries will relocate its headquarters…
Why Jeremy Hunt’s perfectly balanced budget could be blown apart by the triple…
The Chancellor's hopes for a tax cut before the election are dashed by record wage growth
For Jeremy…
M&S is closer to FTSE re-entry with a higher annual profit forecast
Marks and Spencer will re-enter FTSE 100 in the near future after upgrading its annual profit forecast thanks to…