Thomas Cook shares lost nearly a fifth of their value after the holiday company warned that bookings had fallen following terrorist attacks in Tunisia and Brussels.
Burberry’s Christopher Bailey has two jobs already, chief executive and chief creative officer, and now he has a third: chief hatchet man.
Sports Direct tycoon Mike Ashley is understood to have been outbid by rivals including the owners of Matalan and Edinburgh Woollen Mill as administrators try to secure the future of BHS.
Administrators are hoping to finalise a rescue deal for BHS by the end of this week after securing four offers for the business on Tuesday. MPs are preparing to call Darren Topp, the current boss of BHS, to give evidence to a parliamentary inquiry next month into the retail chain’s collapse.
The chairman of Standard Life has said that pay across the UK’s financial services industry is too high, as more than a fifth of the insurer’s shareholders voted against its boardroom pay deals.
Tesla relied on cheap foreign labor to build a hi-tech paint shop in California, paying workers as little as $5 an hour, according to a damning report that prompted CEO Elon Musk to launch an investigation.
Warren Buffett’s Berkshire Hathaway has bought $1bn worth of Apple shares in a bet that the iPhone-maker will bounce back from a recent slump.
Unilever is to cut the size of British ice-creams including Magnum, Cornetto, Ben & Jerry’s and Feast by up to a third to bring them all under 250 calories.
Nearly a fifth of Morrisons shareholders have failed to back the company’s remuneration report in the latest protest against executive pay.
The first face-to-face talks between the boss of Southern Rail and the leader of the RMT union are to be held on Wednesday in an attempt to resolve the six-month-long dispute.
Nomura has appointed Jim Leng as Non-Executive Chairman of Nomura Europe Holdings.
Media magnate Rupert Murdoch and former model Jerry Hall are to get married, after announcing their engagement at the ripe ages of 84 and 59 respectively.
The wife of retail tycoon Sir Philip Green has defended their use of companies based in tax havens, praising their “strong regulatory regimes”.
Sir James Dyson, the billionaire inventor, has said there is no reason for businesses in Britain to be uncertain as a result of the EU referendum and that they would be mad to withhold investment on the back of the vote.
Scrapping bonuses and capping directors’ pay are among a number of ideas being considered by a powerful City investor in an attempt to curb executive remuneration.
For Kurt Long, biking 300 miles for a fundraiser Richard Branson organized was a life-changing experience.
More than 50% of Sky’s independent shareholders have voted against James Murdoch’s reappointment as chairman.