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Business

Business

Pound takes a walloping as data raises spectre of inflation-driven slump for economy

Retail sales plunged by 1.4% last month – far more than expected – as consumers tightened their belts in the face of the squeeze...

by admin April 22, 2022
Business

Elon Musk secures £35.6bn funding for Twitter takeover attempt

Elon Musk has secured the financing for his takeover bid of Twitter, including £16.1bn of his own fortune, according to a new regulatory filing...

by admin April 21, 2022
Business

Lewis Hamilton and Serena Williams commit millions to back Broughton bid for Chelsea

Sir Lewis Hamilton and Serena Williams, two of the world’s biggest sports stars, are committing millions of pounds to one of the bids vying...

by admin April 21, 2022
Business

Chelsea FC sale: Pagliuca and Tanenbaum pledge ‘lifetime’ ownership

The billionaire backers of the Boston Celtics and Toronto Maple Leafs have committed to “lifetime ownership” of Chelsea Football Club if they triumph in...

by admin April 20, 2022
Business

Netflix shares plunge as streaming service loses 200,000 subscribers in first quarter

Streaming titan Netflix lost subscribers in the first three months of this year after years of explosive growth, sending the company’s shares plummeting. After...

by admin April 19, 2022
Business

Password sharing could end as Netflix sees fall in subscribers

Netflix has hinted it could crack down on password sharing after losing 300,000 subscribers in the first three months of the year. This is...

by admin April 19, 2022
Business

Energy bosses call for price cap to be scrapped and more aid to prevent ‘horrific’ winter ahead

Bosses of the UK’s largest energy firms have called on the government to intervene with “unprecedented” measures to prevent a fuel poverty crisis next...

by admin April 19, 2022
Business

Half price rail sale on a million tickets to ease cost of living pressures – but no help for commuters

The price of more than a million train tickets will be cut by up to half in April and May as the government seeks...

by admin April 18, 2022
Business

Chelsea FC sale: Brewing heir Santo Domingo backs Broughton bid

A billionaire brewing heir is backing one of the trio of consortia which remain in the hunt to buy Chelsea FC as the auction...

by admin April 18, 2022
Business

Buyout firms weigh bids for £2bn finance group Together

The founder of one of Britain’s biggest privately held consumer finance groups is in talks about the sale of a minority stake that would...

by admin April 17, 2022
Business

Chelsea FC sale: Ex-chancellor Osborne signs up to advise Boehly bid

George Osborne, the former chancellor, has been parachuted in to help the Los Angeles Dodgers part-owner Todd Boehly clinch a takeover of Chelsea Football...

by admin April 16, 2022
Business

Twitter adopts ‘poison pill’ strategy to defend against Elon Musk takeover bid

Twitter’s board of directors unanimously adopted a “poison pill” defence in response to Elon Musk’s proposal to buy the company and take it private,...

by admin April 15, 2022
Business

Ricketts family-led consortium withdraws bid to buy Chelsea

The Ricketts family-led consortium has withdrawn its bid to buy Chelsea Football Club. The Chicago Cubs owners and their partners opted not to submit...

by admin April 15, 2022
Business

Elon Musk’s swoop on Twitter likely to succeed but its employees will be nervous

When Elon Musk declared on 4 April that he had become the biggest single shareholder in Twitter there was much head scratching as to...

by admin April 14, 2022
Business

Elon Musk offers to buy Twitter for $41bn as he says takeover needed to uphold free speech

Billionaire Elon Musk has offered to buy Twitter for $41.39bn, a regulatory filing showed. The Tesla CEO’s offer price of $54.20 per share represents...

by admin April 14, 2022
Business

Chelsea FC sale: US investor Clearlake to own 50% stake if Boehly wins auction

A Californian investment firm would become the largest shareholder in Chelsea FC if a consortium spearheaded by a part-owner of the LA Dodgers baseball...

by admin April 14, 2022
Business

Jersey seizes $7bn in assets linked to Roman Abramovich

A court in Jersey has frozen $7bn (£5.4bn) in assets linked to Russian billionaire Roman Abramovich. The assets being targeted are either located in...

by admin April 14, 2022
Business

‘Additional deficiencies’ found on P&O Dover ferry Pride of Kent

A second P&O ferry has been further detained by the authorities in as many days following a failed inspection, likely scuppering the scandal-hit company’s...

by admin April 13, 2022
Business

P&O hopes of Dover crossings from Good Friday in doubt as ferry detained

P&O Ferries’ hopes of resuming cross-Channel services between Dover and Calais later this week appear to have suffered a big blow after the Spirit...

by admin April 12, 2022
Business

Inflation rises to 7% as cost of living crisis deepens

The annual rate of inflation shot up to a fresh 30-year high of 7% in March reflecting, for the first time, the immediate effects...

by admin April 12, 2022
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Recent Articles
  • Earth’s Spin to Speed Up Briefly, Causing Shorter Days This SummerEarth’s Spin to Speed Up Briefly, Causing Shorter Days This Summer
  • James Webb Telescope Spots Rare ‘Cosmic Owl’ Formed by Colliding GalaxiesJames Webb Telescope Spots Rare ‘Cosmic Owl’ Formed by Colliding Galaxies
  • MIT Develops Low-Resource AI System to Control Soft Robots with Just One ImageMIT Develops Low-Resource AI System to Control Soft Robots with Just One Image
  • Ax-4 Astronauts to Return from ISS with 580 Pounds of Science CargoAx-4 Astronauts to Return from ISS with 580 Pounds of Science Cargo
  • Trump announces weapons deal with NATO to help Ukraine - as he gives Putin 50-day ultimatum  Trump announces weapons deal with NATO to help Ukraine – as he gives Putin 50-day ultimatum
  • Shukla’s ISS Farewell Celebrates India’s Pride, Science, and Space LegacyShukla’s ISS Farewell Celebrates India’s Pride, Science, and Space Legacy
  • Comeback kid: Rachel Reeves's revival planComeback kid: Rachel Reeves’s revival plan
  • 'It's a war': Meet the volunteers leading the fight against Trump's immigration raids‘It’s a war’: Meet the volunteers leading the fight against Trump’s immigration raids
  • Q&A: Should there be an age limit on the presidency?Q&A: Should there be an age limit on the presidency?
  • Shocks at No. 1 -- and No. 2?! Winners, losers and takeaways from MLB draft Day 1Shocks at No. 1 — and No. 2?! Winners, losers and takeaways from MLB draft Day 1
World News
  • Trump announces weapons deal with NATO to help Ukraine - as he gives Putin 50-day ultimatum  Trump announces weapons deal with NATO to help Ukraine – as he gives Putin 50-day ultimatum
  • At least 30 dead, 100 injured, in clashes between armed groups in southern city of Sweida, say Syrian officialsAt least 30 dead, 100 injured, in clashes between armed groups in southern city of Sweida, say Syrian officials
  • IDF blames 'technical error' after Gaza officials say children collecting water killed in strikeIDF blames ‘technical error’ after Gaza officials say children collecting water killed in strike
  • Meredith Kercher's killer faces new trial over sexual assault allegationsMeredith Kercher’s killer faces new trial over sexual assault allegations
  • 'At least 59 killed' after Israeli military opens fire near Gaza aid centre and carries out strikes‘At least 59 killed’ after Israeli military opens fire near Gaza aid centre and carries out strikes
  • Backlash as Air India crash report points to possible human error - here's what experts thinkBacklash as Air India crash report points to possible human error – here’s what experts think
  • Donald Trump announces 30% tariff on imports from EUDonald Trump announces 30% tariff on imports from EU
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