Business News

A UK businessman with precious stock on the container ship Ever Given has spoken of his relief that the ship has finally arrived in the UK, four months later than scheduled.

The London-listed owner of The Hut Group, the health and beauty e-commerce giant, will this week unveil the latest instalment in a blizzard of industry dealmaking: a £275m takeover of Cult Beauty.

McLaren Group is to sell its technology arm to a private investment firm in the latest stage of its bid to refocus on its core motorsport and supercar manufacturing operations.

There is no prospect of an amber watchlist being introduced at the latest travel review this week, Sky News understands - as a minister confirmed the next update will be on Thursday.

Young people benefit from being in the office, Chancellor Rishi Sunak has said, as he highlighted its positive influence on his own early career.

Major financial firms, including the British insurer Prudential and UK banking giant HSBC, are behind plans to speed up the closure of Asia's coal-fired power stations in the face of the climate crisis.

PepsiCo has agreed a $3.3bn (£2.4bn) deal to offload a majority stake in Tropicana and other juice brands.

Rolls-Royce Holdings has picked a UK government contractor as the preferred bidder for its maritime engine manufacturing arm after an earlier sale to a Russian group was vetoed by Norwegian politicians.

Greggs expects to create around 500 new jobs in the coming months as profits bounced back to outstrip pre-pandemic levels.

Shares in China's biggest online gaming companies slumped after state media branded their products "spiritual opium" and compared them to "electronic drugs".