The hedge fund owned by the billionaire investor and anti-Brexit donor George Soros has made a £16m bet against shares in the owner of the Daily Mail newspaper. SFM UK Management, the London arm of the
Last week Donald Trump thought it might be best to delay any trade deal with China until after next year’s US presidential election. Now he says the two countries are “very close” to a deal. As ever with
Share prices on Wall Street have surged to record levels after Donald Trump boosted hopes of an imminent trade deal with China. The US president raised expectations that Washington was poised to abandon
Mike Lynch, once hailed as Britain’s answer to Bill Gates, has been accused of lying repeatedly and inventing evidence on the witness stand in a £3.8bn civil fraud trial. Lynch faces the claim from successor
Ocado has said its product range will be 50% bigger and offer lower prices and better quality products when it switches from Waitrose to Marks & Spencer next year. The online grocer’s finance chief, Duncan
A woman who spent £16m at Harrods has launched a legal challenge to try to overturn the UK’s first unexplained wealth order (UWO) that would force her to reveal the source of her fortune. Zamira Hajiyeva,
Fifteen Cornwall in Watergate Bay, one of the last outposts of Jamie Oliver’s UK restaurant empire, has closed its doors with the loss of 100 jobs. Chefs and waiting staff at the restaurant, which uses
New European Central Bank (ECB) boss Christine Lagarde has kept open the possibility of a fresh stimulus package for the eurozone after admitting that a plan to inject €20bn a month into the financial
BHP has bucked shareholder pressure to quit the Minerals Council of Australia and will remain a member of the lobby group despite disagreeing with it over the importance of putting a price on carbon emissions.
Saudi Aramco has touched a market value of $2tn a day after the Saudi state-backed oil company made its stock market debut. The shares rose almost 10% at the open on the second day of trade on Riyadh’s
Don’t you hate it when you’re on a plane and the guy sitting next to you takes off his shoes? Gross. Unfortunately, it seems to happen all too often. In fact, taking off your shoes in public is not only
Patisserie Valerie is ditching its trademark can-can dancer logo and revamping stores as the cake shop and cafe chain tries to rebuild its fortunes after one of the fastest and most dramatic collapses
Jetstar will cancel 120 domestic flights on Friday and over the weekend as the airline’s pilots, ground crew and baggage handlers take industrial action to demand a pay rise and better working conditions.
BT is to launch a monthly pass allowing sport fans to watch content including Premier League and Champions League football without a contract for the first time, as viewers move away from high-priced,
The latest housing price figures released by the Australian Bureau of Statistics showed a sharp rise in prices in the past quarter. But the news is very much limited to Sydney and Melbourne and reflects
I had grown gravely concerned that Boeing was prioritizing production speed over quality and safety Edward Pierson US regulators allowed Boeing’s 737 Max to keep flying even after their own analysis found
Lloyd’s of London has issued a guide to the inclusion of trans and non-binary people as part of a cultural overhaul at the insurance market after a damaging sexual harassment scandal. The 29-page document,
Here is a safe prediction: Saudi Aramco will soon formally be worth $2tn (£1.5tn), the valuation reputedly craved by the crown prince, Mohammed bin Salman. It could happen by the end of this week. One
Saudi Aramco has secured its position as the most valuable listed company in history after investor appetite for the world’s biggest fossil fuel producer pushed its market value to $1.9tn (£1.4tn) on first
A multimillion-pound investment by Amazon in the UK takeaway delivery firm Deliveroo could leave customers, restaurants and grocers facing higher prices and lower quality services, British regulators said.
Stagecoach’s co-founder and longtime chairman, Sir Brian Souter, is to step down at the end of the year but will remain on the board as a non-executive director. He said the moment was right to spend time
The ousted former boss of Superdry will swap leather jackets for cruises and insurance for older customers after being hired to turn around Saga, the struggling over-50s services provider. Euan Sutherland
They are this year’s five most-viewed properties on the UK’s biggest house-selling website – from a Premier League footballer’s “wagtastic” Essex mansion to a castle that could double for Downton Abbey.
Tens of thousands of Thomas Cook customers waiting for refunds for holidays booked with the travel company have not been repaid on time after the body making the payments missed a self-imposed deadline.