Companies
London stockbroker’s US operations shut after Deutsche Bank takeover
Business
Earlier this month the German bank moved Numis’s UK analysts into its new London office, while 15 members of Deutsche’s equity sales ...
Thousands of high-voltage electricity pylons to be installed across Britain
Business
National Grid runs the high-voltage electricity transmission network for England and Wales currently comprising 4,400 miles of overhead cable suspended on 22,000 ...
Rolls-Royce signs £15m deal to test mini-nuclear reactors in Sheffield
Business
SMRs will be assembled from hundreds of factory-made modules, which will be transported to sites and then put together “like Lego bricks”. ...
‘Socialistic’ London has lost its mojo, says Wizz Air boss
Business
It makes the prospect of Mr Váradi receiving his £100m bonus, first promised in 2021, faint. Under the terms of the deal, the ...
How Rolls-Royce’s ‘hard man’ inspired an extraordinary British revival
Business
Perhaps unsurprisingly, Erginbilgiç bristles at suggestions he is coasting on the success of others. “This is my third transformation, right?” the 64-year-old ...
Elon Musk makes surprise visit to China as Tesla battles electric car slowdown
Business
No details of what the pair discussed were made public. However, footage released by China’s state broadcaster showed the premier hailing Tesla ...
Rolls-Royce scales back plans to build nuclear factories in UK
Business
Instead the engineering giant will now buy its heavy pressure vessels from a third party supplier. The large, metal components sit at ...
Thames Water bondholder warns creditor losses will deter investment in UK
Business
Nationalising Thames Water and forcing losses on creditors will deter investment in UK infrastructure, a key bondholder has warned. A senior fund ...
‘Social order could collapse, sparking wars’ if AI is not restrained, two of Japan’s most influential companies warn
Business
Their declaration said AI could ‘confidently lie and easily deceive’ its users They called for more regulation based on ‘hard laws with ...
Shell considers quitting London for New York
Business
But there are concerns that a growing focus on environmental, social and governance (ESG) measures among institutional investors is beginning to threaten ...
