A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it…
Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales. Over the weekend, Sky News reported that the firm…
A leading London activist investor group is pressuring oil giant BP to ditch renewable energy and maintain its fossil fuel operations for shareholders, reports suggest. The Financial Times this morning…
Vape and CBD products manufacturer Chill Brands Group has said its existing vape products are excluded from government plans to ban disposable vapes, set to be announced this morning. Chill…
The Ukrainian government is pursuing an embezzlement case against a Ukrainian billionaire by suing him through a subsidiary of his London-listed company. Kostyantyn Zhevago, who controls FTSE 250-listed iron pellet…
The executive chairman of Iceland supermarket has given his backing to Labour, saying the party was the “right choice” for business and voters. Richard Walker, the executive chairman of the…
Digital 9 Infrastructure (D9) has confirmed it is winding down the company after it bought too many companies and tripped over its large pile of debt. On Monday, the London-listed…
Large listed companies came under increasing financial strain over 2023, new figures show, as the burden of higher interest rates weighed heavily on corporate balance sheets. In the final quarter…
The rise in long-term sickness is deepening existing health inequalities and hampering the labour market’s post-pandemic recovery, new research suggests. Rising inactivity due to ill-health has been a worrying trend…
House prices in London will become more affordable this year, according to a new report, but the capital has been warned not to “get carried away” amid a frenzy of…