2 h. ago Saks Global CEO steps down as luxury retailer reportedly preparing for bankruptcy

Executive chair Richard Baker to replace Marc Metrick after company misses $100m interest payment on debtSaks Global said on Friday that its CEO, Marc Metrick, has stepped down and named executive chair, Richard Baker, as his successor, amid reports that the luxury retailer is preparing for bankruptcy.The change at the top comes days after the Wall Street Journal reported that the Neiman Marcus parent company is preparing for bankruptcy after missing an interest payment exceeding $100m on debt from its Neiman merger. Continue reading...

Economics

43 h. ago Liverpool news: First January transfer call made as Marc Guehi alternative gets green light

Liverpool spent heavily in the summer but reports suggest they could be prepared to splash the cash once again in January

Politics

54 h. ago Warren Buffett’s most famous advice as he step down as Berkshire CEO

Buffett shocked an arena full of shareholders by announcing that he will retire at the end of the year

Events

1 week ago Manchester United 'double transfer decision' as Kobbie Mainoo hopes suddenly dashed

Manchester United are reportedly prepared to sign two midfielders in the months ahead, with Kobbie Mainoo now unlikely to leave in January

Sport

2 w. ago Fashion chain returning next year after collapsing into administration

The luxury fashion retailer collapsed in March 2024 with reports suggesting it owed more than £210million to designer brands

Politics

2 w. ago Waterstones and Barnes & Noble owner looks to list booksellers on stock market

US hedge fund Elliott thought to prefer IPO in London over New York, which could be welcome boost to UK stock marketBusiness live – latest updatesThe owner of Waterstones and Barnes & Noble is reportedly preparing to list the booksellers on the stock market.Elliott Investment Management, the hedge fund that owns the most popular bookstores in the US and the UK, has spoken to potential advisers about an initial public offering (IPO), the Financial Times reported. Continue reading...

Politics

2 w. ago Meg O'Neill becomes first female CEO of BP in its 116 year history as Auchincloss steps down

Auchincloss will serve in an advisory role until December 2026 “to ensure a smooth transition.”

Economics

2 w. ago Cinven CEO and CFO step down amid risk of ban over price gouging

CMA considers whether to ask court to ban pair after firm was fined for NHS drug pricing

Economics

2 w. ago Royal Family LIVE: Shamed Andrew's belongings 'moved to storage' amid final blow

It has been reported that preparation work is underway for Andrew Mountbatten-Windsor to move from Royal Lodge to the Sandringham estate with some of his belongings beginning to be moved

Society

3 w. ago US ‘prepares to board more Venezuela oil tankers’ as White House ‘won’t watch them sail the seas’ & sanctions 6 more

US officials are reportedly preparing to storm and seize more tankers transporting Venezuelan oil to put pressure on dictator Nicolás Maduro. Tensions between Washington and Caracas escalated when rifle-wielding US troops rappelled from helicopters to raid an oil tanker off the coast of Venezuela. Stunning footage showed commandos sweeping through the ship as they executed...

Events

3 w. ago Tess Daly and Claudia Winkleman 'planning farewell surprise' for final Strictly episode

The Strictly Come Dancing hosts are reportedly preparing a special routine to mark their departure after 15 years together

Politics

3 w. ago Labour under pressure to delay 2030 ban on new petrol and diesel cars with EU primed to push back its deadline

Brussels is reportedly preparing to announce that its ban will be delayed by five years to 2040 - a decade later than Britain's plan to outlaw sales of combustion engine models.

Events

4 w. ago Manchester United: Ruben Amorim issues Kobbie Mainoo update after X

Academy graduate reportedly prepared to leave on loan amid dwindling minutes

Politics

4 w. ago Frasers shrugs off retail woes as luxury brand returns to growth

Frasers pointed to ‘green shoots’ in the luxury market, which has weakened in recent years against a tougher climate for consumers.

Politics