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November 7, 2025

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Business

Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund

Carmaker’s seventh biggest single investor will vote against package at annual shareholder meetingBusiness live – latest updatesNorway’s sovereign wealth fund has said it will vote against a $1tn (£765bn) pay package for the Tesla chief executive, Elon…

November 4, 2025
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Britain’s Treasury chief prepares the ground for a tax-hiking budget

U.K. Treasury chief Rachel Reeves has signaled she will raise taxes in her budget later this month, citing a weaker economy than expected.

November 4, 2025
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BP signals more cost cuts on way after fall in profits

Oil and gas company says it will review its portfolio and push to sell off assets fasterBusiness live – latest updatesBP has said it will ramp up efforts to hive off parts of the business, as the energy company reported a drop in profits in its latest …

November 4, 2025
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Primark owner’s boss urges Reeves not to hit shoppers with budget tax rises

George Weston tells chancellor to ‘tax rich folks instead’ as ABF says it could split fashion chain from food armBusiness live – latest updatesThe boss of Primark’s parent group has urged Rachel Reeves to avoid hitting consumers with a repeat of last y…

November 4, 2025
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Reeves refuses to say she will stick to manifesto pledge on tax rises and insists she must face world ‘as it is’ – as it happened

This blog is now closed, you can read more on this story hereReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our pu…

November 4, 2025
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Shein to cooperate with French investigation into sale of childlike sex dolls

Spokesperson says company prepared to share names of those who bought dolls before they were removed from saleThe Asian e-commerce company Shein has pledged to cooperate with French prosecutors who have opened an investigation into the sale of childlik…

November 4, 2025
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Ofwat letting water firms charge twice to tackle sewage, court to hear

River Action bringing legal action against water regulator over who should foot bill for firms’ past failures to investOfwat is unlawfully allowing water companies to charge customers twice to fund more than £100bn of investment to reduce sewage pollut…

November 4, 2025
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John Lewis ad kickstarts Christmas countdown to the tune of 90s club classic

Department store chain banks on nostalgia to get customers into festive mood with Where Love LivesJohn Lewis is hoping that a dash of nostalgia will get consumers into the festive mood this year as it officially kickstarts the countdown to Christmas wi…

November 4, 2025
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Starbucks sells 60% stake in China business in $4 billion deal

Starbucks is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China.

November 4, 2025
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Shein bans sex dolls after France threatens to block market access

Chinese e-commerce giant Shein has come under renewed pressure in France, just days before it opens its first permanent physical retail space in Paris.  France’s consumer watchdog said it had discovered child-like sex dolls on the e-commerce platform,…

November 4, 2025
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Recent Posts

  • James Watson, Nobel laureate who co-discovered the structure of DNA, dies at 97 November 7, 2025
  • HAL And GE Aerospace Seal $1‑billion Deal For 113 Jet Engines To Power TEJAS Jets Amid Strategic Shifts November 7, 2025
  • Trump support likely to get UP-NS deal approved: ex-STB chairman November 7, 2025
  • Shein’s childlike sex dolls ‘not acceptable’, visiting French minister tells Chinese hosts November 7, 2025
  • As OpenAI hits 1 million business customers, could the AI ROI tide finally be turning? November 7, 2025
  • Ugandans welcome war crimes charges against LRA leader Joseph Kony and demand his arrest November 7, 2025
  • Fox Sports lets go of Mark Sanchez and hires Drew Brees as NFL analyst November 7, 2025

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