Business

DP World boss leaves ports and P&O owner amid questions over Epstein links

The Emirati businessman credited with turning DP World into a global logistics powerhouse has left the company amid questions over his links to the disgraced paedophile financier Jeffrey Epstein. Sultan Ahmed bin Sulayem was the chairman and CEO of the Dubai based group and its earlier entities for more than four decades. Its interests include […]

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Financial trading firm Iforex revives £40m London float

A financial trading company which counts the former mining tycoon and erstwhile Conservative Party treasurer Sir Mick Davis among its board members is reviving plans for a £40m London stock market listing. Sky News understands that Iforex Financial Trading Holdings, which sells financial instruments used to place wagers on the direction of equities and other

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Bank boss pay surges after bumper profits at Lloyds, Barclays and NatWest

The UK’s biggest banks have had a strong annual earnings season. Updates from Barclays, Lloyds and NatWest have shown strong profit growth, with their respective UK earnings being boosted by the slower-than-hoped-for pace of interest rate cuts introduced by the Bank of England last year. Cost-cutting has played a role too, with lenders eyeing up

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It looks like public opinion will force Big Tech to make social media safer for children

More than 10 years ago, I filmed my kids for a report on the impact of screens on young minds. My eldest daughter was six at the time, her twin sisters nearly three. They didn’t have their own devices – Instagram, Snapchat and YouTube were beyond their imagination. TikTok hadn’t even been invented. Yet now

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Sir Jim Ratcliffe’s comments go beyond reputational damage for Man Utd

It took 23 hours but Manchester United did distance themselves from Sir Jim Ratcliffe’s rhetoric on immigration. Without naming the part-owner, a statement insisting they “remain deeply committed” to “equality, diversity and inclusion” was effectively a public rebuke. Remember, Sir Jim only owns just under 30% of the club, despite the investment gaining control of

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Do the latest AI resignations actually mean the world is in ‘peril’?

When most people leave their jobs, they send out an email to their colleagues, arrange some drinks at a nearby pub, and that’s about it. The situation in artificial intelligence could not be more different. The level of scrutiny on the field means that researchers who leave their jobs can, if they choose, do so

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Trial date set for Trump’s $10bn lawsuit against BBC over Panorama edit

A trial in President Trump’s $10bn (£7.5bn) defamation lawsuit against the BBC has been scheduled for February next year in Miami, Florida. He is suing over a 2024 Panorama episode that edited together clips of him addressing supporters on the day of the 2021 attack on the Capitol in Washington DC. Mr Trump said it

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‘Quite expensive’ supermarket crowned nation’s favourite for fifth time

Marks and Spencer has been crowned the nation’s favourite supermarket for the fifth year running, according to a survey – despite being “quite expensive” for the average shopper. The survey by consumer watchdog Which? reveals M&S received the highest in-store customer score of 78%, with shoppers awarding it five stars for customer service, store appearance,

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Instagram use can be ‘problematic’ but not addictive, says app’s chief

The head of Instagram has told a court he does not believe people can get clinically addicted to social media.  Adam Mosseri, who has led Instagram since 2018, was testifying during a landmark trial in LA where social media giants are being accused of creating harmful and addictive products. Read more: Social media goes on

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