Business

Steel magnate Gupta prosecuted over failure to file accounts

Industrialist faces multiple charges of failing to deliver accounts’ copies to Companies House

Portugal plans to become low-tax haven for young people

Centre-right government bets on 10 years of tax breaks to stop brain drain

Sequoia Capital and the evolution of the VC industry | FT Film

Why Sequoia and the venture capital industry are up against challenging times

How Europe’s big hope in EV batteries came unstuck

Sweden’s Northvolt AB was seen as a potential European rival to the giant Chinese EV power cell companies. Now the ...

Irish-founded unicorn Intercom is ditching ChatGPT for Anthropic’s Claude to handle customer service chats

Intercom’s co-founder said there wasn’t a “gotcha” moment, but Claude outperformed ChatGPT on its “Torture Test.” Read More

Exclusive: Family office Lennertz raising $165 million for blockchain-focused fund of funds

Lennertz has invested in prominent crypto venture firms including Polychain, Multicoin, and Andreessen Horowitz across two previous funds. Read More

French workers are taking more sick leave than ever, but the government can’t afford to foot the bill

For the first six months of 2024, the cost of French workers taking sick leave increased by 8.5% compared to ...

Tributes pour in for Ratan Tata from industry titans and politicians

Ratan Tata passed away on Wednesday, aged 86.

Ratan Tata, patriarch of biggest Indian conglomerate, dies at 86

Under Tata’s stewardship, the Tata Group embarked on an expansion drive that turned the tables on India’s colonial past. Read ...

Amazon unveils AI tool to help drivers find packages faster

The tool will be deployed in 1,000 Amazon vans next year and will shorten the typical delivery route by about ...

Jim Cramer criticizes DOJ’s stance on Google and a possible breakup

CNBC’s Jim Cramer gave his take on the DOJ’s recommendations for Google’s search business.

Reeves warned to tread cautiously as investors await fiscal plans

IFS warns of drawbacks with alternative measures of government debt 

UK ministers fire starting gun on landmark worker rights reform

Government softens proposal for day one protection from unfair dismissal as it sets out flagship package

Microsoft faces disruption from AI, says outperforming fund manager dumping the stock

Yet Wall Street analysts expect Microsoft to rise by 20% over the next 12 months.

These cheap stocks are outperforming, and analysts give 5 more than 20% upside

CNBC Pro screened for global stocks that have outperformed the MSCI World index, but still look cheap based on their forward ...

Solar storm could bring rare northern lights to southern US—and strain power grids

The National Oceanic and Atmospheric Administration issued a severe geomagnetic storm watch for Thursday into Friday. Read More

Former Pfizer CEO, finance chief step back from Starboard’s activist campaign

The about face comes as the board grapples with the activist’s efforts, and just days before Starboard’s Jeff Smith was ...

Airbnb offers temporary housing to people displaced by Hurricane Milton or Helene

Company working with several agencies to help people find a place to stay. Read More

Outgoing chief says Post Office ignored extent of IT scandal

Nick Read says ‘impossible not to conclude’ that state-owned company was ‘living in a dream world’ in 2019

Here’s why the chief diversity officer of Microsoft is taking notes from smaller companies

When it comes to building an inclusive workforce, some companies are happy to collaborate. Read More

Hurricane Milton could cost $60bn in insurance losses

Florida residents warned to evacuate before arrival of ‘extremely dangerous’ storm on Wednesday night

Chippendales dancers look to unionize

Group is working with Actors Equity. Read More

The U.S. wants to stop Google from monopolizing the nascent AI search market

After Google was found guilty of antitrust abuses, the Justice Department proposed fixes that could hamper Google’s chances in the ...

The family of rapper Takeoff turns ‘pain into passion’ with anti-gun violence foundation

After Takeoff was tragically killed in 2022, his family has created a foundation to end gun violence in America. Read ...

Warren Buffett’s S&P 500 bet paid off. Experts weigh in on whether it’s still a winning strategy

Investing in an S&P 500 index fund can let you take a set-it-and-forget-it approach. But some experts say you could ...

Wimbledon will evict line judges from its tennis matches after 147 years—and turn to AI instead

Wimbledon has been largely unchanged since 1877. But a tweak to the Grand Slam’s judging process will shake up how ...

Jenrick and Badenoch to contest Tory leadership after Cleverly knocked out

Badenoch topped the fourth ballot of MPs on 42 votes

Capitalism hasn’t forgotten the construction industry. Its reluctance to rely on technology is for good reason

‘Try asking ChatGPT to handle that kind of complexity and manage those types of human interactions,’ write Dan Tishman and ...

How T-Mobile’s corporate culture powered it to become the world’s most valuable telecom company

T-Mobile may be big but it’s still a ‘scrappy, fast-growing, entrepreneurial company,’ says the CEO. Read More