HSBC wants to pay top brass Wall Street salaries February 25, 2024 The bank told its investors that it plans to discuss restructuring how Noel Quinn, the firm’s CEO, is remunerated even though his pay nearly doubled last year to £10.6m thanks largely to long-term performance bonuses kicking in.
Sunak pushes for more seizures of Russian assets in UK to aid Ukraine February 25, 2024 The prime minister has said the UK “must be bolder in seizing hundreds of billions in assets".
Days of ‘eye-popping’ gains are over for Berkshire Hathaway, Buffett writes February 25, 2024 Warren Buffett warned that the days of "eye-popping" gains for Berkshire Hathaway are over given its huge size and the dearth of attractive investment opportunities.
Rolls-Royce new boss nets £22m paper profit after share price rally February 25, 2024 The new boss of Rolls-Royce has made a £22m paper profit on his shares in the FTSE-100 giant after engineering a remarkable share price rally last year.
Next silent on reports it is eyeing The Body Shop February 25, 2024 Next has reportedly been weighing up buying parts of The Body Shop after the high street cosmetics chain fell into administration last week.
Big tech faces backlash over big water consumption February 25, 2024 Tech giants like Microsoft, Google, and Meta have ramped up their water usage to cool their data centres, increasingly used for AI services.
Apple faces major UK investor rebellion over lack of AI transparency February 25, 2024 Legal & General Investment Management and Abrdn are planning to challenge Apple's AI disclosure practices at its upcoming annual meeting.
Britishvolt owner hit with £8m bill over alleged tax avoidance in Australia February 25, 2024 The new owner of failed battery start-up Britishvolt faces a near £8m tax bill in his home country of Australia, where one of his companies has been accused of having "an intentional disregard of a taxation law".
Heathrow denies report that third runway plans have been shelved February 25, 2024 Heathrow has denied a report that its long-delayed third runway proposals have been shelved.
Go-Ahead chief denies reports the UK’s largest rail operator is up for sale February 25, 2024 Go-Ahead Group, the UK's largest rail operator, could be up for sale as part of a wider sell-off being explored by the Canadian pension fund OPTrust.