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Sixes: Social cricket-themed bar chain goes into administration
Michael RaceBusiness reporter BBC Sixes, the cricket-themed social chain backed by England captain Ben Stokes, has gone into administration following a “challenging trading period”. All of the company’s 15 UK-based venues remain open, but one branch in Southampton has closed following the decision, with three staff members losing their jobs. Administrators FRP Advisory said talks…
Air India crash plane had record of safety defects, campaigners claim
Aviation safety campaigners in the United States say they have evidence a plane that crashed in India last year had previously suffered a series of technical failures, including an in-flight fire. The Boeing 787 Dreamliner crashed on 12 June, shortly after taking off from Ahmedabad en route to London, killing 260 people. The Foundation for…
Nestle to axe 16,000 jobs as new boss pushes to cut costs
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…
US-China trade talks set for day two as TikTok deadline looms
US and Chinese officials will hold a second day of trade talks in Spain on Monday as the deadline for the Chinese owner of TikTok to find a buyer or face a ban in America looms. The negotiations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, are the latest attempt…
