The Business category covers all aspects related to commerce, including management, entrepreneurship, economics, finance, and marketing. It provides valuable insights, strategies, and resources for individuals and organizations to navigate and excel in the corporate world. Whether you’re looking to start a new venture, optimize existing operations, or understand global economic trends, this category offers the knowledge and tools necessary for success.
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…
The collapse of two US companies could be a sign of wider problems in the financial system and “alarm bells” were ringing, the governor of the Bank of England has said. Andrew Bailey told a House of Lords committee that it was important to take the failure of car parts supplier First Brands and subprime…
Chancellor Rachel Reeves has said she plans to scrap “needless form filling” in a bid to boost business growth. Speaking at a regional investment summit in Birmingham, the chancellor said the reforms would boost growth and “make the UK a top destination for global capital”. Ahead of the Budget next month, Reeves acknowledged that “for…
UK government borrowing in September hit the highest level for the month in five years, official figures show, highlighting the challenges facing the chancellor ahead of next month’s Budget. Borrowing – the difference between public spending and tax income – was £20.2bn in September, up £1.6bn from the same month last year, the Office for…
Danielle KayeBusiness reporter Reuters Comedian Jimmy Kimmel was temporarily suspended last month Disney+ and Hulu cancellation rates doubled in September after TV host Jimmy Kimmel was briefly taken off air, suggesting the move may have hurt the entertainment giant financially. Data from analytics firm Antenna shows Disney+’s so-called churn rate – the percentage of subscribers…
McVitie’s Penguin and Club bars are no longer classed as chocolate after rising cocoa prices led the makers to switch to using other ingredients. Club bars had previously been marketed under the slogan: “If you like a lot of chocolate on your biscuit, join our club”. But both treats are now described as “chocolate flavour”…
Charlotte EdwardsBusiness reporter, BBC News Getty Images Pizza Hut is to close 68 restaurants and 11 delivery sites in the UK with the loss of 1,210 jobs, after the firm running them fell into administration. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. However, Pizza Hut’s…
A charity in Worcestershire has entered an “exciting new chapter” after opening its new, larger premises. The Droitwich Community Pantry and Fridge, which aims to tackle food waste, has moved to the Berry Hill Industrial Estate, Droitwich. His Majesty’s Lord Lieutenant of Worcestershire Beatrice Grant, MP for Droitwich and Evesham Nigel Huddleston, and the Mayor…
Osmond ChiaBusiness reporter Getty Images The 4.8% growth in the third quarter marked a slowdown from 5.2% in the three months to July China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up. The world’s second-largest economy…
Rachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In remarks published this weekend, the chancellor told the world’s leading finance ministers and central bankers: “The UK’s productivity challenge has been…
