Shareholders at Boohoo Group will reportedly revolt over a decision to hand top bosses £1m bonuses, despite the company reporting a £160m loss. The online fast-fashion giant, which also owns …
Personal Finance
Softbank to invest $9bn in pivot to AI
Japanese tech company Softbank is to invest almost $9bn in artificial intelligence, as it pivots away from its traditional venture capital model of investing. Softbank became known globally for its …
Princes: Branston, Batchelors’ and Flora maker sold to Italian giant in £700m deal
Food and drink group Princes is to be acquired by an Italian giant in a deal worth £700m, it has been confirmed. Mitsubishi Corporation, which has owned the Liverpool-headquartered group …
Investec Champions Cup: The final of a generation
It was billed as the final we deserved, between two powerhouses of the Investec Champions Cup meeting in a showpiece for the first time ever. And what a match fans …
South African involvement in European rugby has given competition lease of life
“It was international rugby versus club rugby,” said one person at the Tottenham Hotspur Stadium after the South African Hollywoodbets Sharks beat Gloucester Rugby 36-22 in the EPCR Challenge Cup. …
Starling investor eyes £10bn valuation for bank as tech business takes off
One of Starling Bank’s top investors has said the digital lender could reach a valuation of nearly £10bn within the next few years on the back of fees from its …
Could Persimmon be set for £1bn takeover of housebuilding rival Cala Group?
Persimmon, one of the UK’s biggest housebuilders, is reportedly considering a £1bn bid for Cala Group, a rival firm which has been put up for sale. The FTSE 100 firm …
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss
Tesla is facing a shareholder revolt over plans to hand boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm’s second-largest investor behind Musk himself now advised to block …
Formula E: Shanghai sees field close ahead of final four races
With just two races before Formula E heads to London for its season finale the drivers at the top of the Individual Standings this weekend inched towards one another after …
“Disgusting” revelation on sewage should see Thames Water “ripped up”
Thames Water should be “ripped up” and no longer allowed to be for profit, after it emerged some 14bn litres of sewage were released in 2023, the Liberal Democrats have …