Elon Musk is considering cutting Twitter’s workforce by almost 75 per cent, as the deadline for his $44 billion takeover of the social media group edges closer. The world’s richest man has proposed drastic cuts to the San Francisco-based company’s ...
Zara is to help its UK shoppers resell, repair or donate clothing bought from the Spanish fashion chain in an effort to reduce its environmental impact. The Pre-owned service, which launches on 3 November and will be Zara’s first step ...
Millions of people in the UK are struggling to pay their bills, according to the City watchdog, which said a growing proportion of the population is having trouble making ends meet. A survey by the Financial Conduct Authority (FCA) laid ...
Boris Johnson is flying back from the Caribbean as he attempts to make an extraordinary comeback with Rishi Sunak said to be keen to reach a reconciliation with former prime minister. Appointing Boris Johnson as Conservative leader would catapult the ...
Raising interest rates to 5.25 per cent next year would knock nearly 5 per cent, or £114 billion, off the economy, the deputy governor of the Bank of England has warned. Markets had anticipated British interest rates would peak at ...
One of Britain’s most exciting automotive zero-emission start-ups is to quit the country for the United States, where it says incentives are better for industry. Arrival has scrapped plans to build electric vans for groups including UPS and electric buses ...
Households with smart meters could earn hundreds of pounds by using less electricity at peak times this winter as part of efforts to avoid blackouts. National Grid, the company responsible for keeping the lights on, is starting a scheme that ...
NEW YORK — Pfizer Inc. expects to roughly quadruple the price of its COVID-19 vaccine to about $110 to $130 per dose after the United States government’s current purchase program expires, Pfizer executive Angela Lukin said on Thursday. Ms. Lukin ...
PARIS — Brushing off higher prices, affluent spenders continue to splash out on luxuries including $10,000 handbags and premium drinks, updates from Birkin bag maker Hermes and spirits company Pernod Ricard showed on Thursday. Yet with prices set to rise ...
WASHINGTON — Global financial leaders are digging into a long to-do list after International Monetary Fund (IMF) and World Bank member countries sent them a clear message on what is needed to tackle overlapping crises: vast amounts of additional money. ...