United Arab Emirates to quit oil cartel Opec

Food and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with the “highest potential returns”. The Swiss company must “change faster” to keep pace with a changing world and adopt a “performance mindset” that does not accept losing…

The government is poised to announce a climbdown on forthcoming increases to the business rates bill faced by pubs. In the coming days the government is expected to say it will make changes to how pubs’ business rates are calculated, resulting in smaller rises to bills. Treasury officials say they have recognised the financial difficulties…

The government is looking at ways to financially support the companies in Jaguar Land Rover’s (JLR) supply chain. JLR halted car production at the end of August after a cyber attack forced it to shut down its IT networks. Its factories remain suspended until next month at the earliest. Fears are growing that some suppliers,…

Emer MoreauBusiness reporter Getty Images The number of pothole-related claims fell last year. Pothole compensation claims made to councils in Britain rose by 90% between 2021 and 2024, according to analysis by the RAC motoring group. The study also found that only a quarter of claims made by motorists in 2024 resulted in payouts. However,…

Gallagher, who is from County Fermanagh, said while she welcomed the talks, she hoped that any support mechanisms would reflect the fact that rural homes in Northern Ireland in particular have fewer alternatives to oil, as a lot of areas don’t have gas networks.

Personal data may have been stolen in the ransomware attack that forced Asahi to halt beer production, the company has said. Japan’s biggest brewer was forced to halt production at the majority of its 30 factories in the country, after a cyber-attack late last month disrupted everything from beer shipments to its accounting system. All…