Theo LeggettBusiness correspondentPlans for a groundbreaking rare earths refinery in East Yorkshire have been abandoned, after the company behind the project decided to seek investment in the United States instead.Pensana…
Pritti MistryBusiness reporterThe Canadian government has threatened legal action against global car giant Stellantis over its plans to move production of the Jeep Compass to the US.Earlier this week, Stellantis…
AlamyA major legal claim has been filed in the UK against pharmaceutical giant Johnson & Johnson, accusing the firm of knowingly selling baby powder contaminated with asbestos.The claim involves 3,000…
Getty ImagesPaddy Power's parent company Flutter UKI announced that a total of 57 outlets are to close across the UK and the Republic of Ireland Betting firm Paddy Power is…
The Minister of State with responsibility for Insurance has said savings from reforms of the sector "must be reflected in lower premiums" and "wider availability of cover." Robert Troy said…
Nick Edserbusiness reporterGetty ImagesThe UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month's Budget.An increase in manufacturing…
Gold hit a record high for the fourth straight session today, as investors flocked to the safe-haven metal on brewing US-China trade tensions and the US government shutdown, with bets…
Osmond ChiaBusiness reporterFood and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with…
The Minister for Finance has published the Finance Bill which implements the tax changes announced on Budget Day, as well as introducing some administrative and technical changes to the tax…
Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said today, confirming media reports. Marsocci, who has been at the…
Microsoft has today rolled out a series of artificial intelligence upgrades to Windows 11 that would make its Copilot AI assistant more appealing to users by making it easier to…
International Monetary Fund Managing Director Kristalina Georgieva has today urged all parties to continue moving in the direction of a sustained lasting peace following a ceasefire in Gaza, saying it…