Latest in Firms Trouble
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GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
UK government to crack down on MPs earning extra cash from media firms
Jacob Rees-Mogg and Nigel Farage are among those who have earned large sums from broadcasters, but a tightening of rules on MPs’ outside interests is being considered. MPs would no longer be able ...The Guardian - Jan. 12 -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - Jan. 11 -
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‘To confront the anti-gay law is to trouble waters’: the young Nigerian novelist refusing to go by the book
Chukwuebuka Ibeh’s first novel, Blessings, about love in a hostile climate, was written after a life-changing encounter with Chimamanda Ngozi Adichie. Shortly after his 18th birthday, Chukwuebuka ...The Guardian - Jan. 10 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - Jan. 9 -
Trump's NATO Vision Spells Trouble for the Alliance
A call for much higher arms spending and the threat of grabbing allies’ land dial up pressure on members.The Wall Street Journal - Jan. 9 -
Opening day of a new Congress signals future troubles
The opening day of the new Congress was marred by intra-party fratricide, with the Speaker of the House being elected after multiple ballots and a change in rules making it more difficult to remove ...The Hill - Jan. 9 -
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Brazil marks 2nd anniversary of right-wing coup attempt as Bolsonaro's legal troubles deepen
Brazilian authorities are gathering in capital Brasilia to mark the second anniversary of an alleged coup attempt by supporters of former far-right President Jair BolsonaroABC News - Jan. 8 -
Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - Jan. 8 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.NBC News - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
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Mexico drops migrants in troubled resort as it disperses them far from US border
Two weeks ahead of President-elect Donald Trump’s second inauguration, Mexico continues dissolving attention-grabbing migrant caravans and dispersing migrants throughout the country to keep them ...ABC News - Jan. 7 -
Praised abroad, troubled at home: Canada’s political ‘prince’ bows out
Justin Trudeau’s popularity undermined by higher costs and rising anti-immigration sentimentFinancial Times - Jan. 7 -
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Putin plus Trump spell trouble for European security
German rearmament is crucial to shoring up Europe’s defencesFinancial Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle
Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday.NBC News - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle
Yoran led the cybersecurity company in its IPO in 2018.CNBC - Jan. 4 -
João Pedro’s penalty for Brighton hurts Arsenal after Saliba heads into trouble
If Arsenal are serious about winning the title this season then Mikel Arteta may want to rethink his plans for the January transfer market. This was another two points dropped in the race to keep ...The Guardian - Jan. 4 -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
'Unprecedented': The most punctual global airline last year was 'absolutely' a surprise, analytics firm CEO says
Aeromexico, Saudia and Delta Air Lines were the most on-time global airlines in 2024, according to a report by aviation company Cirium.CNBC - Jan. 3 -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - Jan. 3 -
Rangers inflict 3-0 thrashing on Celtic in devastating Old Firm display to relaunch SPL hopes
Is one commanding win at Ibrox enough to reignite the Scottish Premiership title race?CBS Sports - Jan. 2 -
Forget all your troubles, forget all your cares: Petula Clark’s 20 best songs – ranked!
Sixty years after Downtown made her the second British woman to top the US charts, we rate the best of Clark’s exhilarating, perfectly enunciated pop. The span of Petula Clark’s career is ...The Guardian - Jan. 2 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
‘Trump is a little guy, Musk is a big guy’: historian predicts trouble for president-elect
Timothy Snyder says world’s richest man is likely to exert uncomfortable influence over White House. Allies and aides to Donald Trump should be increasingly concerned by Elon Musk’s proximity to ...The Guardian - Jan. 1 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1