The boss of the French state-owned company behind the UK’s first new nuclear power station for 20 years has threatened to pull the plug on the £18bn project without further backing from François Hollande’s government.
The head of Volkswagen in the US resigned “effective immediately” on Wednesday night as the company struggles to agree on a settlement with the US government over its emissions cheating scandal.
HM Revenue and Customs says it has halved the size of the UK’s illicit cigarette market and cut that for illicit hand-rolling tobacco by a third.
Britain’s chief executives are wildly overpaid, and there would be no negative impact on the economy if their salaries were slashed, a groundbreaking study of the country’s top headhunters reveals.
Production for the latest Ford Mustang has been pushed up two years, reports Mashable.
Bob Dudley, the chief executive of BP, earned nearly $20m last year – at a time when the company ran up the biggest losses in its financial history and axed thousands of jobs.
BHS is threatening to close up to half its shops as the cash-strapped retailer tries to negotiate a reduction in rents with its landlords.
Aubrey McClendon, a founder and former chief executive of Chesapeake Energy, died in a fiery single-car crash Wednesday, a day after he was charged with conspiring to rig bids for oil and natural gas leases.
Keith Hellawell has vowed to continue as chairman of Sports Direct in a snub to shareholders and campaigners calling for his head after the retailer’s relegation from the FTSE 100.
Nearly 1,000 trade suppliers, from a Lanarkshire biscuit maker to a lighting company in Poole, could be left unpaid to the tune of £52m if a buyer is not found for BHS.
Sainsbury’s has tabled a £1.4bn takeover of Home Retail Group after South African retail group Steinhoff ditched plans to make a rival bid for the Argos owner.
The knock on effects of the slump in oil prices has seen more than 5,000 workers at Wood Group lose their jobs since December.
Royal Dutch Shell plans to cut about 2,800 jobs after its takeover of BG Group is completed early next year.
The Priory, famed for treating celebrities with drink and drug problems, has been sold to a US chain of clinics.
BP is to cut another 3,000 jobs after reporting a loss of $6.5bn, its worst annual loss in at least 20 years. The latest job cuts are in addition to the 4,000 job cuts already announced.
BHS has officially collapsed into administration after failing to agree a last-minute deal to rescue the department store chain.
Britain’s competition regulator has called on the European commission to block the owner of Three’s £10bn acquisition of O2 or force the combined mobile phone operator to break itself up to protect consumers.
The chief executive of Shell earned €24.2m (£19.5m) last year to become the second-highest paid boss in the FTSE 100.
When investors evaluate a company, they consider P/E ratio, market share and products in the pipeline. But now there's a new measure of a company's worth: cybersecurity risk.