First Republic: JP Morgan to take over major US bank
JP Morgan is set to take over the troubled US bank First Republic in a deal brokered by regulators. The…
£55bn withdrawn from Credit Suisse before rescue
By Peter Hoskins and Daniel Thomas Business reporters Credit Suisse has revealed the scale of the bank run…
Virgin Orbit: Richard Branson’s rocket firm files for bankruptcy
By Michael Race Business reporter, BBC News British billionaire Sir Richard Branson’s rocket company Virgin Orbit has filed for…
Elon Musk threatens to walk away from Twitter deal
Elon Musk has threatened to walk away from his $44bn takeover of Twitter, accusing the social media company of…
Russian McDonald’s buyer to rebrand restaurants
Russia-Ukraine war McDonald’s has found a local buyer for its Russian business, after the war in Ukraine pushed it to…
Kinder chocolate factory told to shut over salmonella cases
A Kinder chocolate factory in Belgium has been ordered to close after it was linked to dozens of salmonella cases.…
Firms must choose between Russia and West, says US
By Faisal Islam Economics editor Russia-Ukraine war The world’s biggest companies “have a choice to make” whether to do…
Amazon criticised over safety at tornado-hit warehouse
By Lucy Hooker Business reporter, New York Amazon is facing questions over health and safety policies at a warehouse…
Elon Musk holds Twitter vote over $21bn Tesla share sale
Tesla billionaire Elon Musk has launched a Twitter poll of his 62.6 million followers asking if he should sell 10%…
Barclays boss Jes Staley in shock exit angry at Epstein probe
Barclays boss Jes Staley is “shell-shocked, angry and upset” at the conclusion of a probe into his links to sex…