Business Johnson & Johnson agrees to pay $8.9bn to settle claims that talc caused cancer April 5, 2023 admin Johnson & Johnson (J&J) has agreed to pay almost $9bn (£7.2bn) to settle tens of thousands of lawsuits alleging its talc caused cancer. The new offer massively outstrips its past offering…
Business ‘World’s first’ self-driving bus to launch next month in Scotland April 4, 2023 admin Full-size self-driving buses will hit the road next month in what is believed to be a world first. Stagecoach has announced the ground-breaking service over Scotland’s Forth Road Bridge will…
Business Online jeweller The Diamond Store aims to sparkle with sale plan April 3, 2023 admin One of Britain’s biggest online jewellery retailers has hired bankers to explore a sale after a string of unsolicited takeover approaches. Sky News understands that The Diamond Store, which was…
Business Tesla vehicles sales up in first quarter after price cuts April 3, 2023 admin Tesla saw its sales rise by 36% in the first financial quarter, after two price cuts aimed at boosting demand. The electric car, SUV and heavy truck manufacturer said it…
Business Tesla vehicle sales up in first quarter after price cuts April 3, 2023 admin Tesla saw its sales rise by 36% in the first financial quarter, after two price cuts aimed at boosting demand. The electric car, SUV and heavy truck manufacturer said it…
Business Oil prices rise after major producers vow to cut production April 3, 2023 admin Oil prices are up almost 5% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark, was up 4.85% early on Monday to…
Business UK house prices suffer biggest annual decline since 2009 March 31, 2023 admin House prices fell by 3.1% year-on-year in March, marking the biggest annual decline since July 2009, Nationwide Building Society said. The figures also showed a monthly price fall of 0.8%…
Business Energy suppliers lose court case over government handling of Bulb sale March 31, 2023 admin Three energy suppliers have lost a High Court challenge over the government’s handling of the sale of rival Bulb. Bulb was placed in special administration in November 2021 and, almost…
Business Planet Organic puts administrators on standby in race for survival March 30, 2023 admin The grocery chain Planet Organic has put insolvency practitioners on standby as it races to find new backers in a bid to secure its future. Sky News has learnt that…
Business UK energy sector plans, start-ups and a music takeover March 30, 2023 admin Ian King is joined by Steve Scrimshaw, vice president of Siemens Energy UK & Ireland, to discuss the government’s plans to drive what it hopes will be a revolution in…
Business UK car production up 13.1%, driven by uplift in exports March 30, 2023 admin UK car production was up 13.1% year-on-year in February, driven by an uplift in export numbers. The Society of Motor Manufacturers and Traders (SMMT) said that 69,707 cars were made…
Business Data analytics start-up Quantexa gains unicorn status with GIC funding March 28, 2023 admin Quantexa, a British data analytics company, is bucking the recent trend of technology company valuations by raising a new round of funding that will hand it coveted ‘unicorn’ status. Sky…
Business Broadband provider TalkTalk plots £200m sale of corporate arm March 27, 2023 admin TalkTalk, the broadband provider, has hired bankers to oversee a sale of its business-to-business division in a deal that analysts believe could fetch more than £200m. Sky News has learnt…
Business Manchester United receive fresh Qatari bid as battle for club intensifies March 25, 2023 admin Manchester United received a fresh Qatari bid overnight – as the battle to purchase the Premier League giants intensifies. Sheikh Jassim bin Hamad Al Thani made the offer after asking…
Business Microsoft’s £56bn Activision Blizzard takeover moves closer as watchdog drops concerns March 24, 2023 admin Britain’s competition watchdog has provisionally dropped concerns that Microsoft’s proposed takeover of Activision Blizzard would damage the UK console gaming market. The Competition and Markets Authority (CMA) last month warned…
Business Twitter users to start losing blue ticks from next month – unless they pay March 24, 2023 admin Many verified Twitter users are set to lose their blue ticks at the beginning of next month. The social media platform has said that on 1 April it will start…
Business Millions of mobile phone and internet users set to have to pay much higher bills this time next week March 24, 2023 admin Millions of mobile phone and internet users are facing a price increase of 17.3% on their bills in just a week’s time. Every April, many broadband and mobile firms raise…
Business Crypto firm Ziglu plots sale after collapse of Robinhood deal March 23, 2023 admin Ziglu, a British cryptocurrency business, is exploring a cut-price sale nearly a year after agreeing an ultimately aborted takeover by Robinhood, the American fintech giant. Sky News has learnt that…
Business France national strike over pension reform: Why are workers so angry? March 23, 2023 admin A national strike is taking place in France after President Emmanuel Macron’s circumvention of parliament to pass the divisive pension bill which would raise the retirement age by two years.…
Business Investment banks Cenkos and finnCap to merge in all-share deal March 22, 2023 admin Cenkos Securities and finnCap Group, the London-listed brokers, are in advanced talks to merge in an all-share deal that will create the City’s biggest dedicated investment bank serving small-cap growth…