Oxford Mini plant to benefit from £600mn UK investment in electric cars
BMW will invest over £600mn in Oxford to produce electric Minis, preserving the historic plant. This is a vote for…
Researchers in the UK start using AI to control air traffic
Researchers in the UK have developed a computer-based model of air traffic management that is controlled by…
RTX faces $3bn in charges from Pratt & Whitney Aero Engine Recall
Hundreds of aircraft will be grounded worldwide over the next several years due to issues with Pratt & Whitney…
UK welcomes 200 companies to Northern Ireland
This week, UK officials will welcome 200 companies to Belfast to promote Northern Ireland as a location for…
Walt Disney and Charter resolve dispute over blacking out of TV programming
Walt Disney and Charter Communications have agreed to resolve a dispute over fees and terms, ending a 10-day…
Solar industry in Europe warns against bankruptcies due to Chinese imports
Solar power manufacturers in Europe have warned that cheap Chinese imports are pushing some to the edge of…
PwC confirms Wilko will close the remaining 300 Wilko stores
Wilko, the collapsed discount retailer, will be gone from the high streets by early October. A rescue deal for the…
Bank of England official: UK interest rates need to rise even further
One of Bank of England’s hawkish policymakers said on Monday that she didn’t support pausing the interest rate…
Arm closes IPO order books early due to strong demand
Due to the strong demand, the banks that are underwriting Arm’s $50bn IPO will close their orders a day sooner than…
Why John Lewis is having a problem with Waitrose
Grocer's deteriorating performance risks undermining the Partnership's turnaround plan
When Waitrose…
BNP Paribas warns that ageing populations and net zero could lead to higher tax…
A City bank warned that the transition towards net zero, and pressures from an ageing population could push up…
TRG is in ‘advanced talks’ about Frankie & Benny sale
The Restaurant Group is finalising a deal to sell the Frankie and Benny's and Chiquito's restaurant chains to the…
French bank BNP Paribas advises its clients to support Britain and avoid the…
One of France's largest banks told its clients to withdraw their money from the Eurozone and send it back to…
SSE, the UK’s largest developer of wind farms, rules out onshore turbines
SSE boss says too few protests and not enough space are the reasons for its decision
The UK's biggest…
BlackRock and Glencore part ways over environmental policy
BlackRock and MFS Investment Management voted both against Glencore’s climate plan during the Swiss miner’s annual…
Bankers claim that SoftBank’s $50bn Arm offering was more than five-times…
SoftBank's $50bn flotation of Arm is more than five times oversubscribed, according to bankers pitching investors…
Legal action in the shipping industry increases as Ukraine war fuels…
Lawyers say that legal disputes between shipowners, their customers and other parties have reached a record high in…
Beko’s owner warns of the risk of China dumping products as domestic demand…
China's slowing economic growth is "very concerning", according to the head of Europe's largest home appliance…