Setback for Gupta as Australia steelworks forced into administration
South Australia has taken control of Sanjeev Gupta’s Whyalla steelworks and forced it into administration over unpaid bills ...
Northvolt to sell industrial battery unit to Scania
Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s troubled battery maker ...
De Beers IPO moves closer for Anglo American as Botswana eyes bigger stake
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it might raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell ...
Glencore reviews London listing as miners sour on UK market
Glencore is reviewing whether to ditch its London listing, paving the way for a potential move to New York and threatening the UK market’s historic status as a magnet for the global mining industry.
Saudi Arabia strikes $1bn deal with Leonard Blavatnik’s sports streaming business
DAZN last year agreed to buy Foxtel from Rupert Murdoch’s News Corp and Telstra in a A$3.4bn ($2.1bn) deal, which left the two companies with a combined 9 per cent stake and valued the group at close ...
Ethiopia bond investors accuse IMF over debt relief
Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief the country needs, ...
Iconic New York hot dog brand Nathan’s Famous considers sale
Nathan’s Famous, the iconic hot dog chain founded more than a century ago on New York’s Coney Island, is considering a sale, according to people briefed on the matter.
Calvin Klein blacklisting sends chill through US business in China
Beijing’s action against clothing maker PVH and biotech company Illumina underlines risk created by trade tensions ...
The Financial Times16d
UK watchdog drops probe into whether children can access OnlyFans
Roula Khalaf, Editor of the FT, selects her favourite stories in this ... investigation into whether Fenix International — which owns OnlyFans — breached its duty to implement measures to ...
The Financial Times29d
Luxury brands look to US consumers to drive recovery
Roula Khalaf, Editor of the FT, selects her favourite stories in this ... according to McKinsey. LVMH, which owns brands including Dior and Louis Vuitton, is the luxury group with the biggest ...
The Financial Times23d
UK law firm suspends trading after management disputes
Roula Khalaf, Editor of the FT, selects her favourite stories in this ... RBG Holdings, which owns the law firms Rosenblatt and Memery Crystal, said on Tuesday that it had suspended trading ...
Honda rules out hostile bid for Nissan after merger talks collapse
Honda chief Toshihiro Mibe has ruled out making a hostile takeover bid for Nissan, which said a $58bn merger proposal to form the world’s fourth-largest carmaker failed to respect its autonomy.