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Lenders to ailing oil refinery's petrol forecourts arm plot sale
Financial institutions involved with the petrol retail division connected to the struggling oil refinery have engaged advisors in preparation for the upcoming disposal of the busin...
Read Full Article →Number of UK job hunters rises at fastest rate since Covid pandemic
The sharp increase in job seekers highlights ongoing economic pressures that may constrain wage growth and influence business hiring costs and overall market stability in the UK.
Read Full Article →A 38-year-old started his hummus business with a $450 blender. This year, it's set to bring in $50 m...
Beginning with minimal equipment, the entrepreneur’s dedication and focus on sales transformed a small market venture into a company projected to generate tens of millions in annua...
Read Full Article →A Sun Valley veteran gives a glimpse into the business world's most exclusive conference
The gathering attracts influential leaders and major investors, serving as a key venue for shaping investment trends and strategic decisions within the global economic landscape.
Read Full Article →IMAX is headed for its best year on record as it capitalizes on Hollywood's box office rebound
The company is projected to achieve unprecedented annual revenue, driven by increased movie attendance and favorable market conditions in the entertainment industry.
Read Full Article →Owner of Cote restaurant chain cooks up sale plan
A private equity company that acquired the French dining group during the pandemic is initiating a sale process, potentially impacting the valuation and ownership structure of the...
Read Full Article →34-year-old built a $1.3 billion business after working 100-hour weeks to keep it alive: I got there...
The rapid increase in valuation highlights the substantial economic impact of Jake Loosararian’s intensive efforts, transforming a university project into a highly valuable and fas...
Read Full Article →Wealth tax would be ‘own goal’, London bosses warns
London business leaders caution that implementing a tax on significant personal assets could reduce government income and prompt capital flight, potentially undermining the local i...
Read Full Article →Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
The potential $3 billion agreement with Ferrero has significantly boosted investor confidence, leading to a substantial increase in the market value of WK Kellogg since its recent...
Read Full Article →Not on the High Street slashes jobs as losses widen
The company has reduced its workforce multiple times recently in an effort to address increasing financial challenges caused by declining revenue and expanding deficits.
Read Full Article →Tariff war big boost for jean maker Duer
The implementation of new trade duties significantly increased demand for the company's denim products, leading to improved sales and enhanced revenue prospects soon after the tari...
Read Full Article →‘Now Brexit is behind us’: what’s at stake as Macron makes state visit to the UK?
The upcoming state visit highlights the importance of maintaining strong economic and diplomatic connections between the UK and France to support significant bilateral trade and ad...
Read Full Article →Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping
The acquisition aims to enhance AI computing capacity, although some investors are concerned the agreed amount may not fully reflect Core Scientific's growth prospects, causing sto...
Read Full Article →Tony Blair thinktank worked with project developing ‘Trump Riviera’ Gaza plan
The involvement of Tony Blair’s institute in planning a redevelopment initiative for Gaza highlights potential investment opportunities and economic restructuring driven by interna...
Read Full Article →Shell Warns of Weakness in Integrated Gas Business
Shell's integrated gas segment is facing challenges that could impact its overall revenue and profitability, signaling potential pressure on the company's future financial performa...
Read Full Article →How a $123M crypto scam in Australia laundered millions through a ‘legit’ business
Authorities in Australia uncovered a major cryptocurrency fraud involving $123 million, where criminals disguised illicit funds as legitimate business transactions to obscure the o...
Read Full Article →Australian father-son duo scores $417 million windfall from business that grew from a trailer park
A family-run retirement living company established nearly 40 years ago on the Gold Coast has generated a substantial financial gain of $417 million following a recent business tran...
Read Full Article →Fireworks Are a Booming Business. But Will Tariffs Put a Damper on Things?
The increasing demand for fireworks has contributed to strong industry growth, though upcoming import taxes may impact prices and overall sales performance in the near future.
Read Full Article →'£54k to rent five phones is killing my business'
Small businesses are struggling financially due to the high expenses associated with leasing multiple mobile devices, which significantly impacts their operational budgets and over...
Read Full Article →Trump’s crypto ventures have added $620M to his net worth — Report
Donald Trump’s involvement in cryptocurrency projects, including a family-supported enterprise and a new memecoin, has contributed an estimated $620 million growth to his personal...
Read Full Article →Mastercard to Expand Crypto Team With Two Senior Hires to Drive Blockchain Initiatives
Mastercard is strengthening its leadership by appointing two experienced professionals in the United States to enhance its efforts and investments in digital currency and distribut...
Read Full Article →Political Currency podcast maker Persephonica triples in value
Persephonica, known for producing Political Currency, experienced significant financial growth last year, with its net assets increasing by over three times compared to the previou...
Read Full Article →25-year-old skipped college—now her sports trading card company brings in more than $1 million a wee...
At 25 years old, Dakota Peters founded a sports trading card business without attending college, which has grown substantially to generate over one million dollars weekly through t...
Read Full Article →Tariffs, not Iran, will define Trump’s presidency
Throughout Trump’s term, trade policies and tariffs are expected to have a more direct impact on economic outcomes and business profitability than geopolitical issues like Iran, ac...
Read Full Article →Warburtons family in the dough after record sales and profit
The Warburtons family benefited financially as the bakery company achieved unprecedented sales and earnings, resulting in a significantly increased interim dividend totaling £27.2...
Read Full Article →WH Smith cuts sale price of high street business by £12m
Following a period of declining performance, WH Smith agreed to reduce the transaction amount for its retail division by £12 million during negotiations with Modella Capital.
Read Full Article →Why did Tesla and BlackBerry shares jump this week? Take our business and investing news quiz
Shares of Tesla and BlackBerry experienced notable increases this week, reflecting significant market activity and investor interest that impacted their financial performance and s...
Read Full Article →Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – b...
The government recognizes the considerable demands placed on businesses amid recent fiscal policies and emphasizes its commitment to economic stability and future-focused investmen...
Read Full Article →Starmer thanks business for shouldering tax burden
Keir Starmer expressed appreciation to UK companies for managing increased financial demands following the substantial rise in employer national insurance contributions introduced...
Read Full Article →Tories vow to rip up workers’ rights package
If implemented, the proposed changes could significantly impact labor market regulations, potentially affecting costs for businesses and influencing investor confidence in the coun...
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