The iconic US seafood chain Red Lobster is filing for bankruptcy after its popular 'Endless Shrimp' promotion caused catastrophic losses, leading to a dramatic change in ownership and a scramble to save the business.
Anglo American's bold £1.5bn bid for Teck Resources' coal assets signals major restructuring but may invite rival offers in heated mining sector consolidation.
Exclusive: Ben Cohen and Jerry Greenfield condemn Unilever's decision to exclude the iconic ice cream brand from its London listing, warning it risks destroying the company's founding ethical principles.
Unilever faces a high-stakes legal challenge from its own subsidiary, Ben & Jerry's, over the controversial sale of its Israeli business operations, testing corporate governance and ethical boundaries.
An exclusive look at the complex relationships and power struggles between Rupert Murdoch's four adult children, Prudence, Lachlan, James, and Elisabeth, as they navigate their roles within his vast £15 billion media dynasty.
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.
Hedge fund giant Elliott Management, known for aggressive corporate shake-ups, has taken a massive stake in PepsiCo and is demanding urgent changes to boost the beverage and snack giant's lagging stock price.
Rupert Murdoch finalises his succession plan, appointing son Lachlan as the sole heir to his global media empire, sidelining brother James in a major corporate power shift.
Exclusive details reveal Rupert Murdoch's carefully orchestrated succession plan, confirming Lachlan Murdoch will assume full control of the media empire in a landmark family agreement that reshapes global media power structures.
Investment titan BlackRock secures a landmark $2.6 billion deal to acquire Minnesota Power's parent company, Aletto. This strategic move signals a major shift in energy sector ownership and raises pivotal questions about renewable investment and market co
UK publishing powerhouse Reach PLC, owner of the Daily Mirror and Express, has unveiled a significant restructuring plan that could lead to 450 job cuts. The move is a strategic response to a challenging print market and rising costs, aiming to refocus on
Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.
Billionaire investor Warren Buffett admits to a colossal $11bn error in judgement with Kraft Heinz, calling it a 'bad investment' in a rare public mea culpa.
The luxurious 'Axioma' superyacht, seized from sanctioned Russian oligarch Dmitry Pumpyansky, is set for a high-stakes auction in Gibraltar, symbolising the tangible impact of Western sanctions on Putin's inner circle.
Tesla's board is reportedly preparing a new, monumental pay deal for CEO Elon Musk, potentially worth up to $1 trillion, as the electric vehicle giant seeks to secure his leadership for the long term and tie his compensation directly to unprecedented mark
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.
Liberty Media chairman and cable industry titan John Malone breaks ranks, offering crucial support to Donald Trump's presidential campaign and delivering a scathing critique of CNN's leadership under David Zaslav.
Former Qantas CEO Alan Joyce has been handed a staggering £14.4 million payout following his early departure, despite a tumultuous final year marked by flight cancellations, legal battles, and a tarnished reputation for the Australian airline giant.
Meta CEO Mark Zuckerberg files a bombshell lawsuit against fellow Facebook co-founder Eduardo Saverin, alleging a clandestine scheme to sell his stake in a secretive holding company. The high-stakes legal drama unfolds in Delaware's Chancery Court.
British tech giant Dyson has unexpectedly closed its entire German retail operation, making all 30 employees redundant with immediate effect in a major European market retreat.
The former spouse of a sanctioned Russian oligarch takes her financial fight to the High Court in London, alleging hidden assets and undisclosed wealth in a landmark divorce case.
Natalia Potanina launches unprecedented lawsuit in London against ex-husband Vladimir Potanin, one of Russia's wealthiest oligarchs, demanding a 50% share of his colossal fortune in one of the largest divorce claims in legal history.
Conservative broadcaster Newsmax launches a major antitrust lawsuit against Fox News, alleging coercive tactics and monopolistic practices to suppress competition in the US cable news landscape.
Right-wing broadcaster Newsmax launches a landmark antitrust lawsuit against Fox News, alleging a coercive scheme with cable giants to suppress competition and force it off major platforms.
Exclusive: Nestlé's European chief executive Laurent Freixe abruptly resigns following an internal ethics investigation into an alleged inappropriate relationship, uncovered through the company's own confidential employee hotline.
Exclusive: Arthur T. Demoulas, the ousted CEO beloved by workers, enters mediation in a dramatic final attempt to buy back the 50.5% stake of the Market Basket grocery chain and end the family feud that has paralysed the business.
A senior director at Specsavers has been suspended after allegedly charging the company for a Secret Santa gift. The optics giant confirms an internal investigation is underway into the serious breach of expenses policy.
Exclusive: The multi-billion pound Kraft Heinz merger is under intense scrutiny as major investors push for a potential breakup of the food and condiment titan. Analysts suggest a split could unlock significant value.
In a dramatic reversal of its famed merger, Kraft Heinz confirms it will split into two separate US-listed companies. We analyse the strategy behind the breakup and what it means for the future of the iconic food brands.