Latest Stories All Stories

Business
Sky News
Drug developer BenevolentAI faces founder-led board revolt
BenevolentAI, a British-based drug developer, is facing a boardroom coup led by its founder after seeing its shares slump since it floated little more than two years ago.Sky News has learnt that Ken Mulvany, who founded the artificial intelligence company in 2013, has written to BenevolentAI’s chairman to seek the removal of most of its …
Business
Sky News
UK manufacturing returns to growth for first time in 20 months
The UK’s manufacturing industry has returned to growth and is showing “tentative signs of recovery”, according to a closely-watched survey.Both output and new orders increased in March, while business optimism also hit an 11-month high, S&P Global/CIPS UK found. The firms’ manufacturing purchasing managers index (PMI) score rose to a better-than-expected 50.3 last month, up …
Business
Sky News
Shares in Trump’s Truth Social platform plunge after losses revealed
Shares in Donald Trump’s Truth Social platform have plunged more than 20% – wiping out gains made following its stock market debut last week.The tumble came after Trump Media & Technology Group (TMTG) reported losses of more than $58m (£46m) in 2023. The company also warned it would struggle to meet its financial liabilities going …
Business
Sky News
Shop price inflation ‘almost halves’
The annual rate of shop price inflation almost halved in March, according to new industry figures.Falling food costs and competition between retailers contributed to the rate easing to 1.3% last month – down from 2.5% in February, the British Retail Consortium (BRC)-Nielsen Shop Price Index found. Annual shop price growth is now at its lowest …
Business
Euro News
Potential Tesla buyers steer clear as Musk’s reputation plunges
Business
Euro News
Baltika takes Carlsberg to court in latest in long-running Russia row
Business
Euro News
Swatch warns clock’s ticking over consumer spending in China
Business
Sky News
US giant AutoNation eyes driving seat at Inchcape UK
A New York-listed car dealer is plotting a bid for the UK operations of Inchcape.Sky News has learned that AutoNation, which has a market capitalisation of nearly $7bn (£5.5bn), is among the suitors circling the business since Inchcape confirmed in January it was conducting a strategic review. AutoNation is said to be at the early …
Business
Business Live
Chair of Dragons RFC David Buttress takes up new role as CEO of energy giant OVO
Chairman and part owner of Welsh rugby region Dragons RFC, David Buttress, has been appointed chief executive of energy supply giant OVO. Mr Buttress, a former chief executive of Just Eat, will take up his new role with OVO, which has four million customers, in May. The former pupil of Croesyceiliog Comprehensive School, started his …
Business
Evening Standard
National living wage rise could mean stickier inflation, economists warn
Business
Sky News
Formula One-owner Liberty to unveil £3.5bn takeover of MotoGP
The owner of Formula One (F1) motor racing will unveil a £3.5bn takeover of MotoGP’s parent company early this week.Sky News has learnt that Greg Maffei, the president and chief executive of Liberty Media Corporation, is expected to announce the motorsport industry’s most significant corporate deal for years during a trip to Madrid as early …
Business
Business Live
North East LEP leaders say organisation has strengthened region’s economy
The leaders of the outgoing North East LEP say the organisation has left the region’s economy in a better place, despite a range of external challenges. The LEP, which was formed in 2011, will officially go out of existence next month as its staff and functions are subsumed into the work of the new North …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources