London-listed mining titan Anglo American has emphatically rejected a colossal £34 billion takeover proposal from Australian rival BHP, branding the bid 'highly unattractive' and opportunistic. The deal would have created a global mining behemoth.
In a dramatic move to repel a £34bn hostile bid from BHP, mining giant Anglo American unveils a sweeping strategic overhaul, including the spin-off of its diamond unit De Beers and plans to divest its steelmaking coal and platinum businesses.
Groundbreaking research from UCL exposes how Britain's notorious Victorian workhouses were directly financed by the brutal transatlantic slave trade, forcing a national reckoning with our colonial past.
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
Exclusive: Turing Award winner and 'Godfather of AI' Geoffrey Hinton predicts a dystopian future where corporate AI profits lead to widespread joblessness and soaring inequality, urging for a radical rethinking of society.
Danish energy giant Ørsted faces catastrophic financial losses, cancelled projects, and massive job cuts as rising costs and supply chain issues cripple offshore wind ambitions.
A Delaware judge has struck down Elon Musk's unprecedented $56bn Tesla compensation package, labelling it an 'unfathomable sum' and ruling the approval process was deeply flawed.
Tesla shareholders have overwhelmingly approved Elon Musk's colossal £44 billion compensation package, reinstating the largest CEO pay deal in corporate history after a legal battle. The vote signals strong investor confidence in Musk's leadership despite
Under Daniel Kretinsky's ownership, Royal Mail reports a dramatic profit surge to £348m, marking a stunning turnaround for the former state monopoly and silencing critics of the controversial acquisition.
Fenix International, the British firm behind OnlyFans, reports record profits as the platform's creator economy continues to thrive, with over 3 million content creators and 250 million users worldwide.
Supermarket giant Asda faces backlash after paying zero UK corporation tax despite £1 billion profits, while its private equity owners extract massive dividends. Labour's Rachel Reeves condemns the 'unfair system'.
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
London's FTSE 100 index suffers significant losses as Rolls-Royce shares plummet 9% and Burberry issues profit warning, triggering widespread market anxiety.
A dramatic profit warning from Australian retail titans Woolworths and Coles triggers a historic stock market crash, wiping billions from their value and signalling a major shift in consumer spending.
Nine Entertainment reports a 4.4% profit dip to A$258.3m but signals a bold digital future with major AI investment and the strategic sale of its Domain stake, reshaping Australia's media landscape.
Iconic doughnut chain Krispy Kreme faces a sticky situation as rising costs and shifting consumer habits lead to a surprise sales slump, forcing franchise owners to adapt their strategy.
IWG CEO Mark Dixon remains defiant as the flexible office giant's shares hit a five-year low, dismissing the plunge as automated trading and reaffirming confidence in the company's long-term strategy and booming profits.
Revealed: The FTSE 100 executive who earned a staggering salary last year, sparking fresh debates over corporate pay gaps and shareholder scrutiny.
Bookmaker Ladbrokes reports a surge in profits driven by high-stakes betting on the Euros and England's Lionesses. Discover how major sporting events are boosting the gambling industry.
Telstra leverages AI and remote work to cut costs and increase profits, reshaping the future of corporate efficiency.
British energy firms Centrica and National Grid are poised to benefit from soaring gas prices in Europe, with analysts predicting significant profits amid the ongoing energy crisis.
New reports reveal how Donald Trump’s hardline immigration policies have inadvertently boosted profits for major corporations, sparking debate over ethics and economic impact.
Jaguar Land Rover (JLR) reports a sharp decline in profits due to rising tariffs and sluggish sales. The iconic British brand faces challenges in key markets, including China and Europe. Can it recover?
Global advertising giant WPP reports strong profits despite challenges from US tariffs and reduced ad spending. Read how the company is navigating economic headwinds.
Despite fewer visitors, Six Flags reports record profits as CEO Selim Bassoul explains the strategic shift prioritising premium experiences over crowds.
Honda reports a sharp decline in quarterly profits as US tariffs under the Trump administration continue to disrupt global trade. Analysts weigh in on the long-term impact.
BP initiates a comprehensive cost-cutting review following record quarterly profits of £17.7bn, sparking debate over energy sector windfalls.
Diageo, the parent company of Guinness, ramps up cost-cutting measures amid a sharp drop in profits. Will this strategy revive its fortunes?
BP reveals strategic cost reductions while increasing shareholder dividends, as the energy giant navigates market volatility and shifting consumer demands.
Tesla CEO Elon Musk is embroiled in a high-stakes legal dispute after a Delaware judge voided his $56 billion compensation package, calling it 'unfair' to shareholders.