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Warren Buffett’s company continues selling off its BYD shares despite the positive comments he made in the past about the Chinese electric car maker, but Berkshire Hathaway remains a major shareholder.
Shareholders were misled by Steve Easterbrook ‘concealing extent’ of his misconduct, says US regulatorThe former boss of McDonald’s, Steve Easterbrook, has been fined $400,000 (£328,000) by the US regulator for “concealing the extent of his misconduct”…
The Securities and Exchange Commission is charging McDonald’s former CEO Stephen Easterbrook with making false and misleading statements to investors about the circumstances leading to his firing in November 2019.
Quick commerce has become the norm in many countries. But some Indian companies are pushing the bounds of logistics and endurance.
Immigration expert says the policy amounts to selling a visa ‘very cheaply’ without a good return on investmentGet our morning and afternoon news emails, free app or daily news podcastThe Australia China Business Council has urged Labor to retain the “…
Company says it is hoping to secure long-term funding so it can build ‘gigafactory’ in Blyth, NorthumberlandThe battery startup Britishvolt is in talks to sell the majority of its shares to a consortium of investors, in a deal that could allow it to co…
Inflation has a way of affecting nearly every aspect of our finances.
Japanese investor SoftBank thought to favour New York for computer chip designer’s IPORishi Sunak has reportedly restarted efforts to persuade the Japanese investor SoftBank to list the computer chip designer Arm in London.SoftBank has been considering…
Unions and industry leaders to meet ministers in attempt to break deadlockThe RMT leader, Mick Lynch, said ministers should “stop play-acting” and end the long-running dispute over pay, jobs and conditions on the railway, before a meeting in Whitehall …
Egyptian authority says vessel was towed away for repairs after briefly disrupting traffic in vital waterwayA Norwegian-owned cargo ship briefly ran aground in the Suez canal before being refloated and towed away, according to the Egyptian authority ru…