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Rolls-Royce’s Stock Dive Eases
October 5, 2020
Struck hard by the COVID-19 pandemic, Rolls-Royce’s bid to make up for losses in the first half of the year sent its stock into freefall.
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Billionaire Brothers Acquire Asda for £6.8 Billion
October 2, 2020
The EG Group founders’ deal with Walmart brings the supermarket giant back under British ownership.
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Tesla CEO Elon Musk Hints at India Entry for 2021
October 2, 2020
Musk’s comments online indicated that Tesla will expand into India “next year for sure”.
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Rolls-Royce Aims to Raise £5 Billion to Address Losses
October 1, 2020
Shares in the renowned engine maker fell to a 17-year low following its announcement of a rights issue.
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Amazon Reveals Palm-Scanning Retail Technology
September 30, 2020
Amazon hopes to licence the new biometric technology to third parties to transform business transactions.
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Nokia Becomes BT’s Biggest Supplier of 5G Equipment
September 29, 2020
The extension of the companies’ partnership will see Huawei equipment replaced across the UK’s 5G network.
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Uber Receives 18-Month London Licence
September 28, 2020
Though it will remain closely monitored, the multinational taxi giant will be allowed to continue operations in one of its largest markets.
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Masayoshi Son Cuts SoftBank Shares Pledged to Lenders
September 25, 2020
In a move that may reduce the likelihood of SoftBank being taken private, its billionaire CEO has reduced stock pledged to financial institutions.
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Nikola Founder Trevor Milton Resigns Amid Fraud Claims
September 21, 2020
The electric-truck maker’s shares nose-dived on Monday as its founder resigned amid public scandal.
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Qantas CEO’s Pay Falls 83% During Coronavirus Pandemic
September 18, 2020
Alan Joyce fell from the ranks of Australia’s highest-paid business leaders by refusing his salary and share incentives.
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Qantas “Flight to Nowhere” Sells Out in 10 Minutes
September 17, 2020
The Australian airline’s unique lockdown-friendly travel opportunity was an immediate hit with customers.
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Rio Tinto CEO Resigns Over Destruction of Juukan Gorge
September 11, 2020
The blasting of the sacred Aboriginal site drew international outrage and a push for accountability from company heads.
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