Early demand for beach holidays has kept easyJet on course for increased profits despite French air traffic strikes and a fire at its Rome airport base.
The Federal Communications Commission has approved the acquisition of DirecTV by rival AT&T for $48.5bn, but with one especially large catch that the regulator’s chairman, Tom Wheeler, said “would directly benefit consumers”: the new mega-company has to build a network 10 times the size of AT&T’s current network of fiber optic cable.
Toshiba's chief executive and vice-chairman have resigned in the wake of an independent report on the company's 152 billion yen ($1.2 billion) accounting scandal, which accused the management of padding profits.
After more than half a century in which Ben Sherman shirts were bought by The Who, The Jam and Oasis, the fashion brand has been snapped up by a US private equity firm.
British publishing company Pearson is exploring the sale of its financial newspaper, The Financial Times, Bloomberg reported.
Elon Musk has made it official: his electric car company, Tesla Motors, is planning to debut an unnamed new Roadster in four years, and it won’t be based on the Lotus like the last one.
The resignation of a top director at Marks & Spencer has led to renewed speculation about who will take over as head of the retailer when the chief executive, Marc Bolland, eventually departs.
The energy regulator has issued a new and more alarming warning about the potential for blackouts, saying Britain’s spare capacity margin could dwindle to zero as early as next year.
Burberry has avoided another embarrassing confrontation with shareholders over the multimillion-pound pay package of its chief executive, Christopher Bailey, after investors overwhelmingly backed his remuneration.
Centrica will cut 3,000 jobs this year as the group, which owns British Gas, reduces costs to shore up its financial position.
Regulators are gearing up for the biggest shakeup of the water market in almost 30 years, with more than 1m businesses free to shop around for the best deals from next April.