Category: Finance
Finance
Co-op sale of petrol forecourt business to Asda reports full-year profit after cost-cutting measures
(qlmbusinessnews.com via news.sky.com-- Wed, 5th April 2023) London, Uk - - The business's food, legal and funeral divisions saw an increase in revenue, while its[more...]
Johnson & Johnson propose $9bn to settle talc claims
(qlmbusinessnews.com via bbc.co.uk – – Wed, 5th April 2023) London, Uk – – Johnson & Johnson has proposed to pay almost $9bn to resolve tens[more...]
Richard Branson’s Virgin Orbit files for bankruptcy protection
(qlmbusinessnews.com via news.sky.com-- Tue, 4th April 2023) London, Uk - - The California-based company has struggled to recover since the failure of the UK's first[more...]
TikTok fined £12.7m for misusing children’s data
(qlmbusinessnews.com via bbc.co.uk – – Tue, 4th April 2023) London, Uk – – TikTok has been fined £12.7m for failing to protect the privacy of[more...]
Trailblazing Women: Winemaking sisters make history
Source: GMA Robin and Andréa McBride, long-lost sisters, are revolutionising the wine business. The sisters are the epitome of Black girl magic as the largest[more...]
UK sign Asia trade deal 3 years after leaving EU
(qlmbusinessnews.com via bbc.co.uk – – Fri, 31st Mar 2023) London, Uk – – The UK has signed a deal to join a trade pact with[more...]
Heathrow Airport security guards 10-day strike may cause Easter disruption
(qlmbusinessnews.com via news.sky.com-- Fri, 31st Mar 2023) London, Uk - - The Unite union says the strikes will cause "severe delays and disruption" to flights,[more...]
Sam Bankman-Fried FTX founder set to plead not guilty to new US charges
(qlmbusinessnews.com via theguardian.com - - Thur, 30th March 2023) London, Uk - - Bankman-Fried, 31, has already pleaded not guilty to eight counts over collapse[more...]
300 million jobs under threat by AI – report
(qlmbusinessnews.com via bbc.co.uk – – Wed, 29th Mar 2023) London, Uk – – Artificial intelligence (AI) could replace the equivalent of 300 million full-time jobs,[more...]
William Hill fined record £19.2m for ‘widespread and alarming’ failures
(qlmbusinessnews.com via theguardian.com - - Tue, 28th Mar 2023) London, Uk - - Group admits string of transgressions, days before reforms of gambling laws are[more...]
Alibaba to break up empire into six units, in biggest restructuring of its 24 years
(qlmbusinessnews.com via uk.reuters.com -- Tue, 28th Mar 2023) London, UK -- Alibaba Group plans to split its business into six main units covering e-commerce to[more...]
P&O Ferries major public contract sparked outrage
(qlmbusinessnews.com via bbc.co.uk – – Mon, 27th Mar 2023) London, Uk – – A decision to award the owner of P&O Ferries a major public[more...]