💼Business News

Meta, ‌TikTok and X have lost a legal challenge against ‌the UK's regulator over the amount of information it is demanding under new laws.

Blockchain intelligence firm TRM says North Korea’s TraderTraitor hacking unit is responsible for the largest crypto theft on record The hacker who swiped over $6bn of digital assets from Binance is in the process of…

Christine Lagarde is stepping down as President of the European Central Bank in February next year, nine months before her term was due to end in October. The early exit gives EU leaders time to install a successor…

The discount chain is set for insolvency after owner Gordon Brothers rejected a takeover offer from Irish real estate firm Martin Property Group.

The latest phase of the government’s workers rights overhaul may have “an adverse impact on the labour market”, experts have warned, as businesses deal with the costly implications of taking on new staff. Taking effect…

John Healey’s energy bills support package was meant to be targeted. But a City AM analysis has found homes worth millions are in line for a handout, while others in poorer areas will get nothing. John Healey’s maiden…

With the chain on the brink of administration, its low-profile US owners face questions about their conduct “It was a very successful and simple proposition,” laments one former Poundland boss. With every product in the…

The St Paul’s ‘raves’ are an exquisite evening of culture: ★★★★★ There was the sound of cans being cracked open between songs, but those cans were filled with water…  And beers had to be left at the door: about the most…

Russia’s controversial bid to be allowed back into global sport has made further inroads after it won a legal battle with the International Ice Hockey Federation. The Court of Arbitration for Sport announced today that…

Congress must act to ensure that families are able to heat their homes before the start of the season Heating oil may be the clearest warning yet of how the war in Iran is deepening the US’s energy affordability crisis.…

It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in opposition One year ago, the idea of a billionaire tax in California was…

With the regular series returning in the new year, could The Traitors fall victim to reality TV fatigue, asks Dean Rodgers.

Feasting season is upon us, so here is a list of some of the most exciting collaboration dinners and lunches for November – from a wine-drenched Tuesday afternoon in Farringdon to Korean funk in East London, this month…

Profits at the UK-based oil and gas giant BP have hit an 18-year high, surpassing the level seen during the 2022 energy crisis.

The theft from Binance could be the biggest theft of any kind in history. We answer some key questions North Korean group blamed for $6.3bn crypto heist Tell us: have you been affected? The world’s largest…

TWO-TIME Breeders’ Cup winner and current Godolphin work rider, Kieren Fallon, believes that Notable Speech is a “dream ride” in the Breeders’ Cup Mile, but won’t be rooting for the Godolphin horse on Saturday night.…

The global tech sell-off deepened on Friday after a string of heavily disappointing earnings revived fears over the pace and scale of AI spending. The Nasdaq Composite Index plunged 2.2 per cent at the open on Friday…

Law firm Gibson Dunn is set to snap up a team of almost 40 private funds lawyers in London from Weil, Gotshal, and Manges, as the storied US law firm prepares to wind down after nearly a century. Gibson Dunn, the law…

It speaks to Prem Rugby’s ambition that its chief executive Simon Massie-Taylor is jetting off to the United States to drum up investment and sponsorship for the English game, as reported by City AM earlier this week.…

BMW’s facelifted i7 now goes up to 452 miles between charges and rides with all the calm you’d hope for at £109,320. Tim Barnes-Clay took it to Epsom Downs and calls it a heart-over-head choice, though the company car…

Fiat has taken the much-loved 1956 Multipla, squeezed it down to about the size of an original 500 and made it electric, and if the price lands where the early estimates point, it could be the cheapest way to get four…

Global Sports Group, the vehicle for CVC’s investments in football, rugby union and tennis, has poached Andrew Georgiou from Warner Bros Discovery to be its CEO. The move sees Georgiou, who led TNT Sports’ entry into…

‘Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them’ Donald Trump successfully campaigned for his second term two years ago promising to reduce prices on day one,…

Astrazeneca’s share jumped in early trading on Friday, as investors cheered plans to bolster its drug pipeline. The pharmaceutical giant’s shares increased 3.1 per cent to £134.50 on Friday morning, as it launched a…

The Northern Irish company attempting to stage a solvent rescue of Poundland has told the discount retailer's administrator-in-waiting that it remains keen on a deal which could save more than 10,000 jobs.

House prices rose at their slowest rate since the start of 2024 in October, as property experts said the Budget failed to boost the UK’s beleaguered housing market. The average house price in the UK rose by 0.5 per cent…

Ian Choudri resigns after report found agency overseeing troubled LA-San Francisco project misused over $600,000 in public funds The chief executive of California’s embattled high-speed rail authority abruptly resigned…

Sluggish growth of 0.5% in October comes as higher borrowing costs put break on market UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates…

John Healey’s changes to high street business rates are a “sticking plaster” that will not reverse the “hollowing out” of town centres across the country, the boss of Britain’s largest business group has warned. In his…

Third-quarter underlying ​replacement ⁠cost profit rises to $8.46bn, up from $2.2bn ​a year ​ago BP has posted a jump in its quarterly profits as the war in the Middle East drove up oil and gas prices and led to…