Denmark’s pharmaceutical powerhouse Novo Nordisk is set to axe 9000 jobs, marking one of the most substantial workforce reductions in its history, as the company battles a steeply declining share
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Kraft Heinz, the Nasdaq-listed food giant behind household names such as Philadelphia cheese and Heinz tomato ketchup, has unveiled plans to split into two publicly traded businesses. This strategic overhaul
Nvidia stands on the brink of another highly scrutinised earnings report amid swirling investor anticipation and nervous energy across global equity markets. Its stature as the largest company in the
Close to one billion pounds was erased from the stock market value of some of Britain’s leading retailers on Tuesday as rising anxiety over potential tax hikes and job losses
The United States stock market has endured a volatile week, as a sell-off in major technology companies wiped $1 trillion from market capitalisation in just four days. The S and
Australian graphic design platform Canva has achieved a fresh valuation of $42 billion after launching a significant employee share sale. The Sydney-based business, which now employs over 5,000 staff, invited
Ithaca Energy, the leading North Sea oil and gas operator, has lifted its production forecasts for the second time this year while confirming it remains on course to return $500
Shares in Novo Nordisk climbed over five per cent on the Copenhagen exchange after the Danish pharmaceuticals firm received crucial approval from the United States Food and Drug Administration for
The chief executive of Soho House, Andrew Carnie, has highlighted a surge in demand for wellness treatments such as intravenous drips and hyperbaric chambers, which is helping steer the private
Elon Musk is set to receive Tesla shares valued at $29 billion as the electric vehicle manufacturer seeks to ensure the loyalty of its chief executive following the blockage of
ITV has announced an accelerated programme of cost-cutting measures following a marked drop in profits, attributed to the failure to replicate last year’s advertising revenue boost provided by the men’s
Tesla’s share price dropped 4% in after-hours trading as Chief Executive Elon Musk cautioned investors about potential “rough quarters” ahead. The electric vehicle manufacturer reported its most significant quarterly revenue
Shares in Tesla experienced a sharp decline following Elon Musk’s announcement of his new political venture, the America Party. The move has intensified tensions between the tech entrepreneur and President
Lord Rothschild’s cable manufacturing enterprise Volex has reported a remarkable 25% increase in profits, driven by soaring demand for its electric vehicle chargers. The company’s financial performance exceeded management’s previous
Shares in troubled high street lender Metro Bank rocketed more than 18% today following reports of a potential takeover approach from private equity firm Pollen Street Capital. The stock surged
Virgin Australia is set to return to the Australian Stock Exchange five years after collapsing into administration. The airline, founded by Sir Richard Branson, plans to relist with a valuation
