Category: Business News

Stay informed with free updates Simply log in to Oil and gas industry myFT summary — delivered straight to your inbox. Oil companies Shell and Equinor will combine their British offshore oil and gas assets into a new company they say will be the largest independent producer in the North Sea. The new company set…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Britain’s competition regulator has approved a £16.5bn merger of Vodafone’s domestic business with CK Hutchison’s Three UK, which should create Britain’s biggest mobile operator. The Competition and Markets Authority said on Thursday that the deal should…

Europe’s ultra-high-net-worth families are rapidly getting their affairs in order ahead of the Great Wealth Transfer, but the biggest challenge in handing over their wealth is the apparent lack of available workers willing to take a pay cut to manage their billions. AND new report HSBC Global Private Banking and Campden Wealth looked at the…

It’s never a bad time to be a billionaire. But the last ten years have been particularly good, according to UBS’s tenth annual report on billionaire ambitions, released today. Based on responses from 2,682 billionaires, the report found that between 2015 and 2024, their combined wealth grew by 121% to $14 trillion. In the same…

Update your 2025 bingo cards to include Jeff Bezos’ potential collaboration with arch-rival Elon Musk on DUZDZ. The Amazon founder said Wednesday that he is ready to support President-elect Donald Trump’s deregulation agenda — a top priority of the newly created Department of Government Efficiency (DOGE). Bezos spoke during The New York Times DealBook Summit…

China’s state media warned against a blind rush for faster growth and hinted at a greater focus on boosting spending in a series of articles setting the stage for a key economic meeting next week. While officials have made every effort to meet this year’s expansion target, coming “slightly to the left or right” of…

Coming from work due to illness is not just a one-time episode in Europe. It has now become a widespread trend among employees, making nickname “sick”. which drove European economies into reality. Take France, for example. The number of people taking sick leave has grown so much in recent years that it is counted among…

Music mogul Simon Cowell built his multimillion-dollar brand as a ruthless judge with an eye for a hit and an obsession with minor details that would send his schedule into the early hours. If that man could see the “new” welfare-oriented Cowell, he’d be shocked. The creator Britain has talent and The X factor described…

Black Friday has lost its luster—at least for some shoppers who have discovered that some deals aren’t what they want them to be. This week, a video surfaced on TikTok featuring the Fortune 500 home improvement retailer Home Depot allegedly disguised original prices on items with a “Black Friday offer” of the same price. The…

Tom Westbrook’s view of the day ahead in European and global markets One bitcoin will now cost you six figures. A breakout of the cryptocurrency above the $100,000 mark seems inevitable since the election of Donald Trump as the next US president on a crypto-friendly platform. Although it’s just a number, it highlights how cryptocurrencies…