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Bigger than the Shard: Banking giant announces new £10bn office
PA Media The new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn. The firm said at three million square feet (280,000 sq m), the building would have double the…
Ozempic maker Novo Nordisk’s board shaken up as directors quit
The company behind weight-loss jab Wegovy and diabetes drug Ozempic will have a boardroom clear-out, with seven board members including the chairman set to depart. Novo Nordisk on Tuesday said chairman Helge Lund, vice chair Henrik Poulsen and five directors will not stand for re-election at an extraordinary investor meeting in November. The departures came…
Daily Mail owner agrees to buy Daily Telegraph for £500m
Getty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital…
