Explore latest comprehensive business updates, expert advice and understanding innovative strategies, World market growth and efficiency in Nation Outlook .
A US federal judge has ordered a major makeover of Google’s search engine in a crackdown aimed at addressing the damaging effects of monopolistic practices. In an effort to curb Google’s influence, Washington DC Judge Amit Mehta has introduced new limitations on how the company directs traffic to its search engine. He is requiring the…
The Dubai-based fund which owns the Emirates airline is exploring a sale of a quartet of UK-based leisure businesses which include Netflights and Travel Republic. Sky News has learnt that dnata Travel Group, which is part of the Emirates Group of companies, has hired City advisers to conduct a review of strategic options for the…
If you’ve ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each Monday, the Money blog speaks to someone from a different profession to discover what it’s really like. This week we chat to consultant child and adolescent psychiatrist at Berkshire Healthcare NHS Trust, Dr Guy Northover……
Thames Waterβs largest group of creditors is to offer an additional Β£1bn-plus sweetener in a bid to persuade Ofwat and the government to pursue a rescue deal with them that would head off the nationalisation of Britain’s biggest water utility. Sky News has learnt that the senior creditors, which account for roughly Β£13bn of Thames…
The McLaren Formula One team is to be valued at over Β£3bn in a deal that will reap a stellar return for the investors which helped bail out its parent company during the pandemic. Sky News can exclusively reveal that McLaren Group’s owners – Mumtalakat, the Bahraini sovereign wealth fund, and Abu Dhabi-based automotive investment…
The vast majority of policymakers in Westminster, let alone elsewhere around the UK, have never heard of the Shanghai Cooperation Organisation, the geopolitical grouping currently holding its summit at Tianjin, but hear me out on why we should all be paying considerable attention to it. Because the more attention you pay to this grouping of…
Aberdeen is in exclusive talks to sell Finimize, the investment insights platform it bought just four years ago, as its new chief executive unwinds another chunk of his predecessor’s legacy. Sky News understands the FTSE-250 asset management group has narrowed its search for a buyer for Finimize to a single party. The exclusive talks with…
Up to 550 roles are to be cut across car maker Lotus’s UK operations, the company said. The losses will be made across the business, with no one portion in particular being pared back, a spokesperson said. A consultation process on the cuts is underway, and those who lose their job will have the opportunity…
The cost of Mounjaro, one of Britain’s biggest-selling weight loss drugs, will be heavily discounted across UK pharmacies when the official list price soars next week, Sky News has learned. We’ve seen a confidential document from the makers Eli Lilly to pharmacies setting out the scheme, with a saving of Β£83 on the cost of…
Naguib Kheraj, the City veteran, has been shortlisted to become the next chairman of HSBC Holdings, Europe’s biggest bank. Sky News can reveal that Mr Kheraj, a former Barclays finance chief, is among a small number of contenders currently being considered to replace Sir Mark Tucker. HSBC, which has a market capitalisation of Β£165.4bn, has…