U.S. courier delivery company FedEx has highlighted its intentions to expand globally with the purchase of Dutch-based rival TNT Express on Tuesday morning.
When Walmart sided with gay rights by saying that Arkansas’s religious freedom reformation act sends the “wrong message”, it surprised many. The nation’s largest employer is more commonly associated with low wages and red-state religious values than with LGBT rights.
Corporate Britain’s least favourite time of the year is almost here.
Argos was struck by a Good Friday meltdown across the country after an IT glitch meant shoppers could only pay by cash and had trouble collecting online orders.
The U.S. Commodity Futures Trading Commission charged Kraft Foods Group and Mondelez Global with manipulating what futures and cash wheat prices, the agency announced Wednesday.
GoDaddy, the domain name registration and web hosting company, was valued at more than $5bn on Wednesday when its shares soared by 30% on their floatation on the New York stock exchange.
Web hosting company GoDaddy will price its initial public offering at $20 per share, above its previously indicated range, to value it around $4.5 billion including debt, Reuters reported on Tuesday, citing sources.
Executive pay is falling in real terms with just under half of chief executives receiving no rise in their salaries this year, according to research by PricewaterhouseCoopers.
The scale of pay packages being handed out by the UK’s biggest companies was underlined when Prudential revealed its highest-paid employee received £15.4m last year – more than the insurer’s outgoing boss Tidjane Thiam.
Nike has launched the HyperAdapat 1.0 sneaker, which it says is the first "self-lacing" mass-produced shoe of its kind.
Asda has confirmed plans to cut up to 500 jobs in stores and 250 at its head office in Leeds as the retailer battles to protect profits while sales slide.
Measures targeted at an army of overseas sellers using Amazon and eBay to evade VAT were at the heart of a £12bn tax clampdown announced by the chancellor.