Saudi Arabian group buys controlling stake in Singapore commodities trader
A Saudi Arabian state-owned investment company has agreed to buy a controlling stake in Singapore-based commodities trader Olam Agri that values the group at $4bn, as the kingdom accelerates efforts ...
MP Mike Amesbury jailed for 10 weeks after assault
UK MP Mike Amesbury has been jailed for 10 weeks for assault, triggering a process that is likely to lead to the first parliamentary by-election since the Labour government was elected last year.
The British Museum’s once-in-a-generation chance to reimagine itself
It is a monumental commission; perhaps a lifetime’s work and certainly a once-in-a-generation attempt to redesign and redefine the museum. And the British Museum needs it. Mired in bad news stories — ...
Apple announces $500bn US investment plan
Apple said it planned to hire an additional 20,000 staff in the US over the next four years as part of a $500bn American investment plan, as chief executive Tim Cook becomes the latest business leader ...
Wes Streeting to ask employers to pay for more staff medical checks
Business groups have been lobbying for more tax breaks to cut the cost of supporting their employees’ health. In the run-up to last year’s Budget, the CBI called for a widening of tax reliefs to make ...
In praise of Panzer’s, the poshest grocer’s in London
Now, alongside Panzer’s, he co-runs three All Greens greengrocers across London. You won’t find the same luxury items there. But a similar philosophy prevails among its buyers of sorting through ...
German healthcare boss says his business is better bet than Big Pharma
The boss of German healthcare company Stada says his business is a better bet than Big Pharma, as he tries to win over investors ahead of what could be Europe’s biggest IPO this year.
Pre-product AI ‘company’ now valued at $30bn
OpenAI co-founder Ilya Sutskever is raising more than $1 billion for his start-up at a valuation of over $30 billion, according to a person familiar with the matter — vaulting the nascent venture into ...
Nationalisation will buckle England’s railways
The same is true internationally. Although railways keep records of slightly different things, the top three most punctual railways worldwide are Japan’s (privatised), Switzerland’s (hybrid) and Hong ...
Brookfield buys National Grid’s renewables business in US for $1.7bn
Canadian investment group Brookfield is buying National Grid’s onshore renewables business in the US for $1.7bn, highlighting its confidence in the sector despite Donald Trump’s anti-green agenda.
German election day 2: AfD leader hails party’s ‘crazy success’
Weidel said voters had delivered a “clear majority” for a coalition with the AfD, which came second, and the winning ...
German election day 2: Euro ‘relief’ as single currency makes gains
The single currency gained 0.3 per cent in early trading in Europe to $1.0489. The currency briefly hit a high for the year ...