Companies

‘Socialistic’ London has lost its mojo, says Wizz Air boss

Business
Robert Johnson

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
Robert Johnson

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
Robert Johnson

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
Robert Johnson

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
Robert Johnson

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
Robert Johnson

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
Robert Johnson

But there are concerns that a growing focus on environmental, social and governance (ESG) measures among institutional investors is beginning to threaten ...

How Lidl’s breakneck expansion came to a juddering halt

Business
Robert Johnson

They also show that Lidl’s debt pile has ballooned from just under £1.7bn in 2020 to £3.1bn at the last count.  Barclays analysts ...

Don’t dry your iPhone in rice – do this instead, says Apple

Technology
Laura Adams

Apple has certified its phones as water resistant since 2017, the year it removed the headphone port from its phones. The latest ...

I regret selling Pimlico Plumbers to a US company, says Charlie Mullins

Business
Robert Johnson

He is also building a multi-million pound villa in Marbella, is on the lookout for another property in Dubai, and often flies ...